North Kingstown Food Pantry Inc
- Assets
- $1.5m
- Revenue
- $892.8k
- Investments
- $110.3k
- Employees
- 2
- Location
- N Kingstown, RI
- Founding
- 03/1993
- Data as of
- 12/2023
- EIN
- 05-0455719
Organization Overview
North Kingstown Food Pantry Inc is located in N Kingstown, RI. The organization was established in 1993. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, North Kingstown Food Pantry Inc employed 2 individuals. This organization is the central organization for a national or regional group of organizations. North Kingstown Food Pantry Inc 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 12/2023, North Kingstown Food Pantry Inc generated $892.8k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.0% each year . All expenses for the organization totaled $818.0k during the year ending 12/2023. While expenses have increased by 16.5% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EMERGENCY FOOD ASSISTANCE AND SERVICES TO INDIVIDUALS AND FAMILIES IN NORTH KINGSTOWN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FOOD, PERSONAL HYGIENE AND HOUSEHOLD SUPPLIES TO THE RESIDENTS OF NORTH KINGSTOWN ON THE BASIS OF NEED. THE ORGANIZATION RECEIVED DONATIONS OF FOOD, HYGIENE PRODUCTS AND HOUSEHOLD SUPPLIES FROM ITS SUPPORTERS AND LOCAL ORGANIZATIONS. MANAGEMENT ESTIMATES THAT THESE DONATIONS TOTALED 238,883 POUNDS OF FOOD, VALUED AT 1.93 PER POUND AS RECOMM ENDED BY FEEDING AMERICA / RI COMMUNITY FOOD BANK REPORTED AT 456,220 AFTER ADJUSTMENT FOR POTENTIAL SPOILAGE. THE ORGANIZATION ALSO RECEIVED AN ESTIMATED 6,280 POUNDS OF PERSONAL HYGIENE AND HOUSEHOLD ITEMS VALUED AT 12,892. IN ADDITION TO THE VOLUNTEER BOARD OF DIRECTORS, OVER 75 VOLUNTEERS PROVIDED OVER 7,000 HOURS OF SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Smith Director | Trustee | 0.41 | $0 |
Pastor Peter Atkin Director | Trustee | 0.29 | $0 |
Raymond Gorman Director | Trustee | 1.33 | $0 |
Julia Reinhardt Director | Trustee | 0.54 | $0 |
Carl Bender Director | Trustee | 2.71 | $0 |
Priscilla Feeney Director | Trustee | 7.81 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $15,160 |
| All other contributions, gifts, grants, and similar amounts not included above | $844,763 |
| Noncash contributions included in lines 1a–1f | $474,112 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $859,923 |
| Total Program Service Revenue | $0 |
| Investment income | $33,670 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$793 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $892,800 |
| 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 | $82,419 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $298 |
| Payroll taxes | $7,135 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,319 |
| Office expenses | $7,031 |
| Information technology | $6,931 |
| Royalties | $0 |
| Occupancy | $5,202 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,362 |
| Insurance | $5,599 |
| All other expenses | $0 |
| Total functional expenses | $818,022 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $323,440 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $6,820 |
| Net Land, buildings, and equipment | $131,579 |
| Investments—publicly traded securities | $914,880 |
| Investments—other securities | $110,296 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,868 |
| Total assets | $1,494,883 |
| Accounts payable and accrued expenses | $10,219 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $10,219 |
| Net assets without donor restrictions | $1,439,323 |
| Net assets with donor restrictions | $45,341 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,494,883 |