Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $11,245

• 1e · Government grants (contributions)

  $3,699,670

• 1f · All other contributions, gifts and grants

  $10,042,651

• 1g · Noncash contributions included above

  $10,519,900

• 2a · Program service revenue: SHARED MAINTENANCE FEES

  total $192,895 · related or exempt $192,895

• 2b · Program service revenue: AGENCY CONFERENCES

  total $1,800 · related or exempt $1,800

• 2c · Program service revenue: DELIVERY CHARGES

  total $1,163 · related or exempt $1,163

• 3 · Investment income

  total $364,606 · excluded $364,606

• 7a · Gross sales of assets other than inventory

  securities $60,791

• 7b · Less cost or other basis and sales expenses

  securities $0

• 7c · Gain or loss

  securities $60,791

• 7d · Net gain or loss

  total $60,791 · excluded $60,791

• 8a · Fundraising events: gross income

  $26,889

• 8a · Fundraising events: contributions included on line 1c

  $11,245

• 8b · Fundraising events: direct expenses

  $50,786

• 8c · Net income from fundraising events

  total -$23,897 · excluded -$23,897

• 11a · Other revenue: MISCELLANEOUS

  total $47,030 · related or exempt $47,030

• 11b · Other revenue: CREDIT CARD FEE INCOME

  total $2,711 · related or exempt $2,711

• 11e · Other revenue, total

  $49,741

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $642,386 · program services $578,148 · management and general $32,119 · fundraising $32,119

• 8 · Pension plan contributions

  total $9,009 · program services $6,306 · management and general $2,371 · fundraising $332

• 9 · Other employee benefits

  total $61,542 · program services $43,078 · management and general $16,197 · fundraising $2,267

• 10 · Payroll taxes

  total $63,408 · program services $44,384 · management and general $16,688 · fundraising $2,336

• 11a · Fees: management

  total $381,616 · program services $267,131 · management and general $95,404 · fundraising $19,081

• 11c · Fees: accounting

  total $66,222 · management and general $9,933 · fundraising $56,289

• 11f · Fees: investment management

  total $65,424 · management and general $9,814 · fundraising $55,610

• 11g · Fees: other

  total $244,892 · management and general $197,951 · fundraising $46,941

• 12 · Advertising and promotion

  total $253,829 · fundraising $253,829

• 13 · Office expenses

  total $37,406 · management and general $37,406

• 16 · Occupancy

  total $233,583 · program services $223,408 · management and general $10,175

• 20 · Interest

  total $1,305 · management and general $1,305

• 22 · Depreciation, depletion and amortization

  total $234,605 · program services $211,145 · management and general $23,460

• 23 · Insurance

  total $64,704 · program services $58,234 · management and general $6,470

• 24a · Other expenses: FOOD EXPENSE

  total $10,095,012 · program services $10,095,012

• 24b · Other expenses: MISCELLANEOUS EXPENSE

  total $253,598 · program services $253,598

• 24c · Other expenses: TRANSPORTATION

  total $79,021 · program services $79,021

• 24d · Other expenses: DUES & SUBSCRIPTIONS

  total $30,247 · management and general $30,247

• 24e · All other expenses

  total $26,326 · program services $13,794 · management and general $12,532

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,731,277 · end of year $953,281

• 2 · Savings and temporary cash investments

  beginning of year $1,643,703 · end of year $3,302,933

• 3 · Pledges and grants receivable

  beginning of year $132,217 · end of year $135,911

• 4 · Accounts receivable

  beginning of year $186,859 · end of year $110,314

• 7 · Other notes and loans receivable

  beginning of year $13,500 · end of year $13,500

• 8 · Inventories for sale or use

  beginning of year $1,668,722 · end of year $2,421,566

• 9 · Prepaid expenses and deferred charges

  beginning of year $259,936 · end of year $161,777

• 10a · Land, buildings and equipment: cost or other basis

  $3,707,545

• 10b · Land, buildings and equipment: accumulated depreciation

  $1,968,548

• 10c · Land, buildings and equipment, net

  beginning of year $1,817,455 · end of year $1,738,997

• 11 · Investments: publicly traded securities

  beginning of year $8,623,560 · end of year $8,659,459

• 14 · Intangible assets

  end of year $15,783

• 15 · Other assets

  beginning of year $146,338 · end of year $113,938

• 17 · Accounts payable and accrued expenses

  beginning of year $77,666 · end of year $120,106

• 18 · Grants payable

  beginning of year $1,611 · end of year $1,611

• 19 · Deferred revenue

  end of year $1,044,880

• 27 · Net assets without donor restrictions

  beginning of year $16,085,470 · end of year $16,421,462

• 28 · Net assets with donor restrictions

  beginning of year $58,820 · end of year $39,400

The filer's explanations (Part III)

PART III - OTHER ADDITIONAL INFORMATION

THE COMPENSATION AND BENEFITS PAID TO PRESIDENT AND CEO IS BILLED TO THE ORGANIZATION THROUGH MANAGEMENT FEES PAID TO SECOND HARVEST COMMUNITY SERVICES.