Bath Area Food Bank
- Assets
- $936.4k
- Revenue
- $426.4k
- Investments
- $0.0
- Employees
- 7
- Location
- Bath, ME
- Founding
- 03/1996
- Data as of
- 12/2021
- EIN
- 01-0437478
Organization Overview
Bath Area Food Bank is located in Bath, ME. The organization was established in 1996. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Bath Area Food Bank employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bath Area Food Bank is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Bath Area Food Bank generated $426.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.4% each year . All expenses for the organization totaled $154.6k during the year ending 12/2021. While expenses have increased by 8.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE BATH AREA FOOD BANK'S MISSION IS TO FEED FOOD INSECURE FAMILIES AND INDIVIDUALS WITH DIGNITY AND RESPECT BY SUPPLYING HOME COOKED MEALS AND A GROCERY STORE TYPE ATMOSPHERE WHERE OUR CLIENTS CHOSE ITEMS THEY REQUIRE.
Describe the Organization's Program Activity:
THE BATH AREA FOOD BANK'S MISSION IS TO FEED FOOD INSECURE FAMILIES AND INDIVIDUALS WITH DIGNITY AND RESPECT BY SUPPLYING HOME COOKED MEALS AND A GROCERY STORE TYPE ATMOSPHERE WHERE CLIENT'S CHOSE THE ITEMS THEY REQUIRE. IT'S SERVICE AREA IS ARROWSIC,.BATH, GEORGETOWN,PHIPPSBURG,WEST BATH, WOOLWICH,AND SURROUNDING TOWNS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Trudell Pierce Chairperson | OfficerTrustee | 10 | $0 |
Lori Davis Director | Trustee | 2 | $0 |
Eleanor Swain Secretary | OfficerTrustee | 5 | $0 |
Alicia Rice Treasurer | OfficerTrustee | 10 | $0 |
Carol Grose Director | Trustee | 2 | $0 |
Sarah Krajewski Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $424,498 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $424,498 |
| Total Program Service Revenue | $0 |
| Investment income | $957 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$7,006 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,902 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $426,351 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $79,948 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,264 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $8,004 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,971 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,486 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,315 |
| Insurance | $7,237 |
| All other expenses | $0 |
| Total functional expenses | $154,554 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $489,321 |
| Savings and temporary cash investments | $110,259 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $65 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $336,775 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $936,420 |
| Accounts payable and accrued expenses | $20,924 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $152,292 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $173,216 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $763,204 |
| Total liabilities and net assets/fund balances | $936,420 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Bath Area Food Bank has recieved totaling $45,768.
| Awarding Organization | Amount |
|---|---|
Good Sheperd Food Bank Auburn, ME PURPOSE: Food distribution programs | $18,000 |
Lester Napier Foundation Inc Los Angeles, CA PURPOSE: GRANTS ARE MADE FOR SPECIFIC CHARITABLE PURPOSES CONSISTENT WITH THE PURPOSE OF THIS ORGANIZATION | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,142 |
Messier-Costain Foundation 0011961170 Bridgeport, CT PURPOSE: CONTRIBUTION | $6,000 |
Thendara Foundation Inc Wilmington, DE PURPOSE: GENERAL SUPPORT | $2,500 |
Phineas W Sprague Memorial Foundation Mansfield, MA PURPOSE: PRIMARY PURPOSE OF THE FOUNDATION TO MEET IRS MINIMUM DISTRIBUTION REQUIREMENTS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Sheperd Food Bank Auburn, ME | $53,999,694 | $81,382,745 |
Augusta Food Bank Augusta, ME | $1,219,516 | $1,872,352 |
Share Outreach Incorporated Milford, NH | $2,894,736 | $1,574,463 |
South Portland Food Cupboard South Portland, ME | $613,838 | $1,526,393 |
Youth Full Maine Biddeford, ME | $104,308 | $615,024 |
Bar Harbor Food Pantry Bar Harbor, ME | $856,007 | $511,439 |
Lakes Region Food Pantry Moultonborough, NH | $684,592 | $457,691 |
Area Churches Working Together Colebrook, NH | $62,341 | $206,408 |
Falmouth Food Pantry Inc Falmouth, ME | $233,083 | $244,528 |
Veggies To Table Newcastle, ME | $189,091 | $0 |
Loudon Food Pantry Loudon, NH | $140,937 | $217,243 |
The Rindge Food Pantry Rindge, NH | $58,513 | $165,980 |