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Nonprofiteer
← THE FOOD BANK OF THE GOLDEN CRESCENT

Form 990 for tax year 2023

Filed by THE FOOD BANK OF THE GOLDEN CRESCENT.

Totals

Total revenue
$14,743,710
Total expenses
$14,553,827
Contributions and grants received
$13,892,834
Grants paid
$0
Program service revenue
$581,160
Investment income
$85,132
Other revenue
$184,584
Total assets, end of year
$12,610,288
Total liabilities, end of year
$85,160
Net assets or fund balances, end of year
$12,525,128
Program services expenses (Part IX)
$13,874,751
Management and general expenses
$425,152
Fundraising expenses
$253,924
Program service expenses (Part III)
$13,874,751

Program services were 95.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $1,172,176

  • 1f · All other contributions, gifts and grants

    $12,720,658

  • 1g · Noncash contributions included above

    $10,768,772

  • 2a · Program service revenue: SHARED MAINTENANCE FEES

    total $581,160 · related or exempt $581,160

  • 3 · Investment income

    total $79,783 · related or exempt $79,783

  • 7a · Gross sales of assets other than inventory

    securities $76,604

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

    securities $71,255

  • 7c · Gain or loss

    securities $5,349

  • 7d · Net gain or loss

    total $5,349 · related or exempt $5,349

  • 8a · Fundraising events: gross income

    $161,330

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $161,330 · excluded $161,330

  • 11a · Other revenue: OTHER REVENUES

    total $23,254 · related or exempt $23,254

  • 11e · Other revenue, total

    $23,254

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $111,061 · program services $111,061

  • 7 · Other salaries and wages

    total $1,490,617 · program services $1,370,491 · management and general $40,042 · fundraising $80,084

  • 11c · Fees: accounting

    total $36,945 · program services $18,472 · management and general $18,473

  • 11e · Fees: professional fundraising services

    total $159,422 · fundraising $159,422

  • 13 · Office expenses

    total $100,001 · program services $54,001 · management and general $44,000 · fundraising $2,000

  • 22 · Depreciation, depletion and amortization

    total $598,133 · program services $400,749 · management and general $197,384

  • 23 · Insurance

    total $48,022 · program services $40,819 · management and general $7,203

  • 24a · Other expenses: FOOD DISTRIBUTIONS

    total $10,390,912 · program services $10,390,912

  • 24b · Other expenses: FOOD PURCHASES

    total $824,327 · program services $824,327

  • 24c · Other expenses: PROGRAM EXPENSES

    total $183,507 · program services $183,507

  • 24d · Other expenses: REPAIRS

    total $162,939 · program services $153,163 · management and general $9,776

  • 24e · All other expenses

    total $447,941 · program services $327,249 · management and general $108,274 · fundraising $12,418

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $988,188 · end of year $1,131,773

  • 3 · Pledges and grants receivable

    beginning of year $548,400 · end of year $255,855

  • 4 · Accounts receivable

    beginning of year $22,980 · end of year $26,241

  • 8 · Inventories for sale or use

    beginning of year $633,645 · end of year $1,026,006

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

    $10,588,524

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

    $2,466,699

  • 10c · Land, buildings and equipment, net

    beginning of year $8,381,566 · end of year $8,121,825

  • 11 · Investments: publicly traded securities

    beginning of year $1,921,888 · end of year $2,048,588

  • 17 · Accounts payable and accrued expenses

    beginning of year $162,774 · end of year $54,144

  • 19 · Deferred revenue

    beginning of year $36,020 · end of year $25,396

  • 25 · Other liabilities

    beginning of year $6,894 · end of year $5,620

  • 27 · Net assets without donor restrictions

    beginning of year $11,330,882 · end of year $11,050,067

  • 28 · Net assets with donor restrictions

    beginning of year $960,097 · end of year $1,475,061

Mission and programs · 2023

Mission

THE MISSION OF THE FOOD BANK OF THE GOLDEN CRESCENT IS TO "HELP HEAL THE HURT OF HUNGER".WE OPERATE AN INNOVATIVE AND FLEXIBLE ORGANIZATION WHICH COLLECTS FOOD AND OTHER USEFUL PRODUCTS AND REDISTRIBUTES THESE PRODUCTS AND FOOD TO MEMBER AGENCIES THAT HAVE FEEDING PROGRAMS FOR THE NEEDY, CHILDREN, AGED, AND HANDICAPPED.

  • FOOD/COMMODITIES LOCATED IN A DISTRIBUTION WAREHOUSE SUPPLIES FOOD TO VARIOUS NON-PROFIT AGENCIES OR ORGANIZATIONS AND CHARITABLE AGENCIES IN THE LOCAL COUNTY AND TEN SURROUNDING COUNTIES. FOOD WAS DISTRIBUTED TO 120 AGENCIES AND SITES, WHICH PROVIDED EMERGENCY OR SUPPLEMENTAL ASSISTANCE TO OVER 7,256 HOUSEHOLDS PER MONTH.

    Expenses $13,874,751

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Robin Cadle

    PRESIDENT & CEO

    Total calculated
    $111,061
    From this org
    $111,061
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Angela Hartmann

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.5

  • Angie Stafford

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • Lynn Miori

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

  • Monica Rodriguez

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Linda Edwards

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Mark Longoria

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Jon Scantland

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • David James

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Joe Farias

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Tom Curtis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Janet Meis

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • David Bowman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Celeste Menchaca

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
27 August 2024
IRS schema version
2023v5.1
Source object
202412409349301906

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