Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $7,765,118

• 1e · Government grants (contributions)

  $4,042,303

• 1f · All other contributions, gifts and grants

  $197,576,854

• 1g · Noncash contributions included above

  $142,366,685

• 2a · Program service revenue: STORAGE FEES

  total $251,863 · related or exempt $251,863

• 3 · Investment income

  total $1,985,039 · excluded $1,985,039

• 6a · Gross rents

  real property $197,466

• 6b · Less rental expenses

  real property $624,857

• 6c · Rental income or loss

  real property -$427,391

• 6d · Net rental income or loss

  total -$427,391 · excluded -$427,391

• 7a · Gross sales of assets other than inventory

  securities $11,088,613

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

  securities $11,117,397

• 7c · Gain or loss

  securities -$28,784

• 7d · Net gain or loss

  total -$28,784 · excluded -$28,784

• 8a · Fundraising events: gross income

  $362,837

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

  $7,765,118

• 8b · Fundraising events: direct expenses

  $1,600,722

• 8c · Net income from fundraising events

  total -$1,237,885 · excluded -$1,237,885

• 11a · Other revenue: GLWD ADMIN FEES

  total $61,089 · excluded $61,089

• 11b · Other revenue: CATERING SERVICES

  total $31,161 · unrelated business $31,161

• 11c · Other revenue: MISCELLANEOUS REVENUE

  total $12,357 · excluded $12,357

• 11e · Other revenue, total

  $104,607

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $762,336 · program services $762,336

• 5 · Compensation of officers, directors and key employees

  total $2,116,331 · program services $1,372,581 · management and general $87,780 · fundraising $655,970

• 7 · Other salaries and wages

  total $17,331,112 · program services $11,224,048 · management and general $721,446 · fundraising $5,385,618

• 8 · Pension plan contributions

  total $780,470 · program services $548,172 · management and general $25,690 · fundraising $206,608

• 9 · Other employee benefits

  total $2,319,119 · program services $1,628,859 · management and general $76,336 · fundraising $613,924

• 10 · Payroll taxes

  total $1,947,522 · program services $1,367,863 · management and general $64,104 · fundraising $515,555

• 11b · Fees: legal

  total $10,938 · management and general $10,938

• 11c · Fees: accounting

  total $123,472 · management and general $123,472

• 11d · Fees: lobbying

  total $93,000 · program services $93,000

• 11e · Fees: professional fundraising services

  total $2,357,709 · fundraising $2,357,709

• 11g · Fees: other

  total $1,696,728 · program services $1,264,155 · management and general $256,351 · fundraising $176,222

• 12 · Advertising and promotion

  total $1,256,533 · program services $53,461 · management and general $23,579 · fundraising $1,179,493

• 13 · Office expenses

  total $1,581,698 · program services $219,665 · management and general $41,071 · fundraising $1,320,962

• 14 · Information technology

  total $942,396 · program services $459,869 · management and general $136,825 · fundraising $345,702

• 16 · Occupancy

  total $2,417,490 · program services $1,614,817 · management and general $326,986 · fundraising $475,687

• 17 · Travel

  total $309,710 · program services $179,163 · management and general $22,857 · fundraising $107,690

• 19 · Conferences, conventions and meetings

  total $34,810 · program services $20,137 · management and general $2,569 · fundraising $12,104

• 20 · Interest

  total $1,801,676 · program services $1,573,575 · management and general $81,784 · fundraising $146,317

• 22 · Depreciation, depletion and amortization

  total $8,722,584 · program services $8,236,770 · management and general $197,677 · fundraising $288,137

• 23 · Insurance

  total $409,971 · program services $237,163 · management and general $30,256 · fundraising $142,552

• 24a · Other expenses: FOOD DISTRIBUTED

  total $141,692,997 · program services $141,692,997

• 24b · Other expenses: FOOD TRANSPORT/DISTRIB.

  total $13,634,725 · program services $13,634,725

• 24c · Other expenses: DONATION PROCESSING FEE

  total $309,305 · program services $178,929 · management and general $22,827 · fundraising $107,549

• 24d · Other expenses: FOOD PACKAGING SUPPLIES

  total $211,143 · program services $197,070 · fundraising $14,073

• 24e · All other expenses

  total $1,509,084 · program services $872,985 · management and general $111,374 · fundraising $524,725

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $15,064,063 · end of year $20,043,220

• 2 · Savings and temporary cash investments

  beginning of year $37,322 · end of year $850,756

• 3 · Pledges and grants receivable

  beginning of year $18,494,925 · end of year $12,565,804

• 8 · Inventories for sale or use

  beginning of year $1,619,211 · end of year $1,406,772

• 9 · Prepaid expenses and deferred charges

  beginning of year $821,608 · end of year $1,020,884

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

  $76,398,127

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

  $14,594,890

• 10c · Land, buildings and equipment, net

  beginning of year $65,909,107 · end of year $61,803,237

• 11 · Investments: publicly traded securities

  beginning of year $23,617,128 · end of year $31,370,993

• 15 · Other assets

  beginning of year $118,573,327 · end of year $114,210,550

• 17 · Accounts payable and accrued expenses

  beginning of year $10,706,330 · end of year $9,731,370

• 19 · Deferred revenue

  beginning of year $370,959 · end of year $621,030

• 21 · Escrow or custodial account liability

  beginning of year $189,820 · end of year $255,650

• 23 · Secured mortgages and notes payable

  beginning of year $7,593,750 · end of year $5,062,500

• 25 · Other liabilities

  beginning of year $126,308,890 · end of year $123,089,742

• 27 · Net assets without donor restrictions

  beginning of year $89,826,994 · end of year $86,861,623

• 28 · Net assets with donor restrictions

  beginning of year $9,139,948 · end of year $17,650,301

The filer's explanations (Part III)

PART I, LINE 7

CITY HARVEST OFFERS ITS EMPLOYEES A NON-FIXED DISCRETIONARY BONUS IF CERTAIN PERFORMANCE METRICS ARE MET: A REVENUE GOAL METRIC AND A "POUNDS-RESCUED" METRIC. IF THOSE METRICS ARE MET, THE CEO, MS. STEPHENS, MAKES RECOMMENDATIONS TO THE EXECUTIVE COMMITTEE OF THE BOARD OF THE BONUSES THAT SHOULD BE AWARDED. THE EXECUTIVE COMMITTEE HAS THE DISCRETION TO MAKE ADJUSTMENTS TO THOSE BONUSES AS NEEDED. THE CEO'S ANNUAL BONUS IS NOT A NON-FIXED PAYMENT AS HER ANNUAL BONUS IS FIXED AND DETERMINED BY THE TERMS OF HER EMPLOYMENT CONTRACT.