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Nonprofiteer
← VIRGINIA PENINSULA FOODBANK

Form 990 for tax year 2024

Filed by VIRGINIA PENINSULA FOODBANK.

Totals

Total revenue
$21,589,112
Total expenses
$22,913,585
Contributions and grants received
$20,673,079
Grants paid
$16,142,663
Program service revenue
$30,673
Investment income
$671,417
Other revenue
$213,943
Total assets, end of year
$27,133,846
Total liabilities, end of year
$706,385
Net assets or fund balances, end of year
$26,427,461
Program services expenses (Part IX)
$21,639,558
Management and general expenses
$482,980
Fundraising expenses
$791,047
Program service expenses (Part III)
$21,639,558

Program services were 94.4% 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.

  • 1a · Federated campaigns

    $203,003

  • 1e · Government grants (contributions)

    $1,874,229

  • 1f · All other contributions, gifts and grants

    $18,595,847

  • 1g · Noncash contributions included above

    $15,213,483

  • 2a · Program service revenue: SHARED MAINTENANCE FEE

    total $30,673 · related or exempt $30,673

  • 3 · Investment income

    total $471,370 · excluded $471,370

  • 7a · Gross sales of assets other than inventory

    securities $200,047

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

    securities $0

  • 7c · Gain or loss

    securities $200,047

  • 7d · Net gain or loss

    total $200,047 · excluded $200,047

  • 8a · Fundraising events: gross income

    $233,432

  • 8b · Fundraising events: direct expenses

    $54,349

  • 8c · Net income from fundraising events

    total $179,083 · excluded $179,083

  • 11a · Other revenue: MISCELLANEOUS REVENUE

    total $34,860 · excluded $34,860

  • 11e · Other revenue, total

    $34,860

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $16,142,663 · program services $16,142,663

  • 5 · Compensation of officers, directors and key employees

    total $369,678 · program services $130,422 · management and general $105,207 · fundraising $134,049

  • 7 · Other salaries and wages

    total $1,826,169 · program services $1,516,651 · management and general $97,448 · fundraising $212,070

  • 8 · Pension plan contributions

    total $45,193 · program services $36,233 · management and general $2,079 · fundraising $6,881

  • 9 · Other employee benefits

    total $213,380 · program services $159,980 · management and general $15,501 · fundraising $37,899

  • 10 · Payroll taxes

    total $164,112 · program services $123,044 · management and general $14,816 · fundraising $26,252

  • 11e · Fees: professional fundraising services

    total $216,922 · fundraising $216,922

  • 11f · Fees: investment management

    total $72,773 · management and general $72,773

  • 11g · Fees: other

    total $135,355 · program services $21,400 · management and general $112,822 · fundraising $1,133

  • 12 · Advertising and promotion

    total $83,198 · program services $33,092 · management and general $5,419 · fundraising $44,687

  • 13 · Office expenses

    total $100,038 · program services $79,030 · management and general $9,003 · fundraising $12,005

  • 16 · Occupancy

    total $356,493 · program services $345,317 · management and general $5,588 · fundraising $5,588

  • 17 · Travel

    total $96,664 · program services $96,011 · management and general $280 · fundraising $373

  • 19 · Conferences, conventions and meetings

    total $29,245 · program services $23,104 · management and general $2,632 · fundraising $3,509

  • 22 · Depreciation, depletion and amortization

    total $396,314 · program services $322,639 · management and general $24,056 · fundraising $49,619

  • 23 · Insurance

    total $114,230 · program services $90,241 · management and general $10,281 · fundraising $13,708

  • 24a · Other expenses: FOOD COSTS

    total $2,106,880 · program services $2,106,880

  • 24b · Other expenses: AGENCY SUPPORT

    total $158,613 · program services $158,613

  • 24c · Other expenses: SUPPLIES

    total $84,324 · program services $71,340 · management and general $1,898 · fundraising $11,086

  • 24d · Other expenses: EQUIPMENT RENTAL AND MA

    total $39,257 · program services $36,382 · management and general $1,322 · fundraising $1,553

  • 24e · All other expenses

    total $162,084 · program services $146,516 · management and general $1,855 · fundraising $13,713

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,543,397 · end of year $1,171,442

  • 2 · Savings and temporary cash investments

    beginning of year $6,014,463 · end of year $6,130,589

  • 3 · Pledges and grants receivable

    beginning of year $2,168,104 · end of year $41,672

  • 4 · Accounts receivable

    beginning of year $127 · end of year $50,551

  • 8 · Inventories for sale or use

    beginning of year $2,923,509 · end of year $1,919,828

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,780 · end of year $56,136

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

    $9,310,048

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

    $4,153,551

  • 10c · Land, buildings and equipment, net

    beginning of year $5,336,552 · end of year $5,156,497

  • 11 · Investments: publicly traded securities

    beginning of year $11,253,519 · end of year $12,607,131

  • 17 · Accounts payable and accrued expenses

    beginning of year $348,541 · end of year $310,958

  • 19 · Deferred revenue

    beginning of year $1,799,874 · end of year $395,427

  • 27 · Net assets without donor restrictions

    beginning of year $27,016,820 · end of year $26,382,007

  • 28 · Net assets with donor restrictions

    beginning of year $87,216 · end of year $45,454

Mission and programs · 2024

Mission

TO DISTRIBUTE FOOD EFFECTIVELY THROUGH COLLABORATIVE EFFORTS THAT MINIMIZE HUNGER, PROMOTE NUTRITION AND ENCOURAGE SELF-RELIANCE THROUGH EDUCATION.

Activities or mission (Part I)

THROUGH OUR VARIOUS PROGRAMS, WE PROVIDE ALMOST 10.4 MILLION MEALS TO CHILDREN, FAMILIES, SENIORS, AND VETERANS IN OUR COMMUNITY.

  • FOOD DISTRIBUTION. VIRGINIA PENINSULA FOODBANK'S FOOD DISTRIBUTION PROGRAM SERVES AS A REGIONAL CLEARINGHOUSE FOR DONATED AND PURCHASED FOOD AS WELL AS RELATED ITEMS. THESE ITEMS ARE DISTRIBUTED TO QUALIFIED NONPROFIT ORGANIZATIONS PROVIDING FOOD TO THE LESS FORTUNATE ACROSS THE GREATER VIRGINIA PENINSULA. THE FOODBANK ACQUIRES SURPLUSES AND POTENTIALLY RECOVERABLE DISCARDS GATHERED FROM LOCAL RETAILERS, WHOLESALERS, DISTRIBUTORS, FOOD INDUSTRY MANUFACTURERS, BROKERS, GROCERY STORES, GLEANING PROJECTS, AND INDIVIDUAL DONORS FROM THROUGHOUT OUR SERVICE AREA. FURTHER, FOOD MADE AVAILABLE FOR THE PENINSULA'S NEEDY RESIDENTS IS ALSO RECEIVED FROM NATIONAL DONORS THROUGH FEEDING AMERICA. FIRST QUALITY FOOD ITEMS ARE OBTAINED FROM THE USDA THROUGH THE EMERGENCY FOOD ASSISTANCE PROGRAM (TEFAP) AND THE COMMODITY SUPPLEMENTAL FOOD PROGRAM (CSFP), COLLECTED IN FOOD DRIVES SUPPORTED BY NUMEROUS ORGANIZATIONS AND INDIVIDUALS, AS WELL AS PURCHASED WITH FEMA (FEDERAL EMERGENCY MANAGEMENT AGENCY) AND OTHER PRIVATE GRANT FUNDING. THE FOODBANK THEN DISTRIBUTES THESE GOODS TO EMERGENCY FOOD PANTRIES, SOUP KITCHENS, SHELTERS, AND OTHER NONPROFIT AGENCIES WHICH ASSIST PENINSULA RESIDENTS WHO FALL INTO NEED EACH DAY.

    Expenses $15,142,654 · Grants $16,142,663 · Revenue $30,673

  • CHILD NUTRITION. THE KID'S CAFE PROGRAM NORMALLY PROVIDES NUTRITIOUS AFTERNOON MEALS AND SNACKS TO CHILDREN IN AFTER SCHOOL PROGRAMS IN A SAFE, CARING, AND LEARNING ENVIRONMENT. THE CULINARY TRAINING PROGRAM IS DESIGNED TO HELP DISADVANTAGED ADULTS GAIN CULINARY SKILLS, JOBS, AND SELF-RELIANCE THROUGH A FREE TRAINING PROGRAM THAT WILL ALSO BENEFIT AND EXPAND THE FOOD SUPPORT FOR OUR KIDS CAFE PROGRAM. THE 12-WEEK CURRICULUM TRAINS INDIVIDUALS IN BASIC CULINARY SKILLS TO INCLUDE SERVSAFE MANAGER CERTIFICATION, SANITARY PRACTICES, JOB SKILLS, RESUME DEVELOPMENT, TIME MANAGEMENT, TEAMWORK, LEADERSHIP, DECISION-MAKING SKILLS, GOAL SETTING, AND CONFLICT RESOLUTION. TRAINEES PARTICIPATE IN AN INTENSIVE ACADEMIC AND HANDS-ON TRAINING ENVIRONMENT THAT WILL PRODUCE A GRADUATE READY TO WORK IMMEDIATELY IN THE FOOD SERVICE INDUSTRY AS A SUCCESSFUL EMPLOYEE. OUR BACK PACK FOR KIDS PROGRAM WAS IMPLEMENTED IN 2005 THROUGH PARTNERSHIPS WITH THREE TITLE I ELEMENTARY SCHOOLS (DEFINED AS SCHOOLS WITH A POPULATION OF GREATER THAN 50% OF THE CHILDREN RECEIVING FREE OR REDUCED PRICE FEDERAL SCHOOL MEALS). WE DISTRIBUTED BACKPACK BAGS OF FOOD TO OVER 1,500 CHILDREN MOST WEEKS AT DOZENS OF LOCATIONS ACROSS THE GREATER VIRGINIA PENINSULA.

    Expenses $2,139,063

  • MOBILE PANTRY. THE MOBILE PANTRY PROGRAM DELIVERED ALMOST 3.5 MILLION POUNDS OF PRODUCE, PERISHABLE ITEMS, AND USDA TEFAP COMMODITIES TO LOW INCOME, SENIOR HOUSING, AND COMMUNITY PROJECTS THIS FISCAL YEAR. OVERALL FOR THE YEAR, 2.7 MILLION POUNDS OF USDA TEFAP COMMODITIES WERE DISTRIBUTED. THE NEIGHBOR TO NEIGHBOR PROGRAM LINKS PREPARED AND PERISHABLE FOOD DONORS DIRECTLY WITH QUALIFIED AGENCIES WHO HAVE RECEIVED THE APPROPRIATE SAFE FOOD HANDLING TRAINING.

    Expenses $4,357,841

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Michael Jacobs

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Ian Williams

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Jeff Verhoef

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Amber Price

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Patrick Murphrey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Davin Lincoln

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • George Finelli

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Tiffany Boyle

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Eboni Council

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Jennifer Muse

    MEMBER AT LARGE

    Total calculated
    $0
    Hours/week
    2
  • Curtis Baker

    VICE PRESIDENT, ADMINISTRATION

    Total calculated
    $0
    Hours/week
    2
  • Michael Doucette

    VICE PRESIDENT, DEVELOPMENT

    Total calculated
    $0
    Hours/week
    2
  • Joeseph Witt

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Jonathan Toms

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Matisha Dentu

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Erik Mills

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Lisa Olverson

    CHIEF FINANCIAL OFFICER

    Total calculated
    $116,411
    From this org
    $104,954
    From related orgs
    $0
    Other
    $11,457
    Hours/week
    40
  • Karen Joyner

    CHIEF EXECUTIVE OFFICER (THRU 8/24)

    Total calculated
    $119,488
    From this org
    $108,861
    From related orgs
    $0
    Other
    $10,627
    Hours/week
    40
  • Robert P Latvis

    CHIEF EXECUTIVE OFFICER (FROM 8/24)

    Total calculated
    $76,545
    From this org
    $74,795
    From related orgs
    $0
    Other
    $1,750
    Hours/week
    40
  • Renee Figurelle

    CHIEF OPERATIONS OFFICER

    Total calculated
    $120,575
    From this org
    $107,093
    From related orgs
    $0
    Other
    $13,482
    Hours/week
    40

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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2024
Filed
6 April 2026
IRS schema version
2024v5.5
Source object
202610989349300011

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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