Meridian Food Bank Inc
- Assets
- $1.6m
- Revenue
- $2.8m
- Investments
- $807.3k
- Employees
- 0
- Location
- Meridian, ID
- Founding
- 01/2006
- Data as of
- 12/2022
- EIN
- 20-3062024
Organization Overview
Meridian Food Bank Inc is located in Meridian, ID. The organization was established in 2006. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meridian Food Bank 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 12/2022, Meridian Food Bank Inc generated $2.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $2.6m during the year ending 12/2022. While expenses have increased by 5.0% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MERIDIAN FOOD BANK'S MISSION IS TO PROVIDE FOOD AID TO LOW INCOME PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDE FOOD BASKETS TO OUR NEIGHBORS WHO SEEK EMERGENCY FOOD ASSISTANCE. AS MERIDIAN HAS GROWN AND OUR ECONOMY HAS FACED CHALLENGES, THE NUMBER OF PEOPLE SEEKING OUR HELP HAS RISEN DRAMATICALLY. IN 2022 WE DISTRIBUTED 18,156 FOOD BASKETS SERVING 48,375 INDIVIDUALS WITH 1,084,655 POUNDS OF FOOD.
THE MERIDIAN FOOD BANK PROVIDES CHILDREN WHO ARE IN THE FREE AND REDUCED LUNCH PROGRAM RAN BY THE MERIDIAN SCHOOL DISTRICT WITH FOOD PACKS. EACH FOOD PACK CONTAINS SIX MEALS AND TWO SNACKS FOR THE WEEKEND. FOOD PACKS ARE DELIVERED BY VOLUNTEERS TO PREDETERMINED SCHOOLS ON FRIDAYS. IN 2022 20,109 FOOD PACKS WERE DELIVERED TO OVER 650 CHILDREN ON A WEEKLY BASIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra Shook Director | Trustee | 0.8 | $0 |
Doug Petcash Director | Trustee | 0.5 | $0 |
Melissa Stoner Director | Trustee | 0.5 | $0 |
Buffy Roberts Director | Trustee | 0.4 | $0 |
Dan Clark President | Officer | 15 | $0 |
Dawn Cronk Secretary | Officer | 0.6 | $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 | $2,743,027 |
| Noncash contributions included in lines 1a–1f | $2,412,774 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,743,027 |
| Total Program Service Revenue | $0 |
| Investment income | $15,833 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,091 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,762,951 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,509,034 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,820 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,050 |
| Office expenses | $11,603 |
| Information technology | $1,335 |
| Royalties | $0 |
| Occupancy | $15,978 |
| 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 | $20,985 |
| Insurance | $9,249 |
| All other expenses | $42,315 |
| Total functional expenses | $2,615,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,510 |
| Savings and temporary cash investments | $500 |
| 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 | $134,519 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $564,307 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $807,267 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,000 |
| Total assets | $1,609,103 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $1,473,656 |
| Net assets with donor restrictions | $135,447 |
| 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 | $1,609,103 |