Food For Needy Incorporated
- Assets
- $246.2k
- Revenue
- $474.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Miami Beach, FL
- Founding
- Data as of
- 12/2020
- EIN
- 13-3508924
Organization Overview
Food For Needy Incorporated is located in Miami Beach, FL. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food For Needy Incorporated 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 12/2020, Food For Needy Incorporated generated $474.9k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $587.2k during the year ending 12/2020. While expenses have increased by 11.0% per year over the past 6 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.
Since 2015, Food For Needy Incorporated has awarded 43 individual grants totaling $2,311,642. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ernest Bogen Director | 15 | $0 | |
Rita Bogen Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $474,930 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $474,930 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $145 |
| Total operating and administrative expenses | $145 |
| Contributions, gifts, grants paid | $587,065 |
| Total expenses and disbursements | $587,210 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $246,231 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $246,231 |
| Accounts payable and accrued expenses | $14,200 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,200 |
Grants Awarded
Over the last fiscal year, Food For Needy Incorporated has awarded $587,065 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
El Paso, TX PURPOSE: GENERAL SUPPORT | $283,051 |
Homestead, FL PURPOSE: GENERAL SUPPORT | $189,000 |
COMMUNITY FOOD BANK OF SOUTHERN ARIZONA PURPOSE: GENERAL SUPPORT | $110,900 |
ULTIMATE FOODS PURPOSE: GENERAL SUPPORT | $2,862 |
MAZON PURPOSE: GENERAL SUPPORT | $500 |
TOMCHISHABBAS PURPOSE: GENERAL SUPPORT | $500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Food For Needy Incorporated has recieved totaling $23,600.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: General support | $11,800 |
Jewish Communal Fund New York, NY PURPOSE: General support | $11,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Palm Beach County Food Bank Inc Lake Worth, FL | $16,090,955 | $23,359,181 |
The Agricultural And Labor Program Incorporated Winter Haven, FL | $4,340,661 | $21,365,462 |
Feed The Hungry Pantry Of Palm Beach County Inc Palm Beach Gardens, FL | $2,402,635 | $15,510,300 |
Meals Of Hope Inc Naples, FL | $3,167,317 | $11,316,871 |
Council Services Inc Americus, GA | $11,942,180 | $9,376,326 |
International Care Ministries St Augustine, FL | $1,310,603 | $7,636,096 |
Second Helpings Atlanta Inc Atlanta, GA | $1,164,616 | $7,933,266 |
Georgia Nutritional Services Inc Conyers, GA | $1,305,106 | $6,913,092 |
Housing First Inc Mobile, AL | $744,831 | $5,672,960 |
Waste Not Want Not Inc Orange Park, FL | $437,829 | $4,814,477 |
Feeding Children Everywhere Inc Longwood, FL | $809,762 | $2,692,416 |
No Child Hungry Apopka, FL | $119,876 | $2,167,622 |