Food Bank Of South Jersey Inc is located in Pennsauken, NJ. The organization was established in 1986. 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, Food Bank Of South Jersey Inc employed 90 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Bank Of South Jersey 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 12/2021, Food Bank Of South Jersey Inc generated $35.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $33.0m during the year ending 12/2021. While expenses have increased by 12.0% 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.
Since 2021, Food Bank Of South Jersey Inc has awarded 33 individual grants totaling $595,255. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOOD BANK OF SOUTH JERSEY PROVIDES FOOD AND DELIVERS HEALTH AND WELLNESS PROGRAMS TO IMPROVE PEOPLE'S LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOOD BANK OF SJ OPERATES A DONATED FOOD CENTER THAT DISTRIBUTES FOOD TO QUALIFYING NOT-FOR-PROFIT ORGANIZATIONS AND AGENCIES WHO DISTRIBUTE FOOD TO FOOD INSECURE INDIVIDUALS. DURING 2021 THE FOOD BANK DISTRIBUTED OVER 17.9 MILLION POUNDS OF FOOD. THE FOOD BANK ACCOMPLISHES THIS THROUGH FEEDMORE WHICH IS ITS CORE PROGRAM THROUGH WHICH THE ORGANIZATION SOLICITS SURPLUS FOOD EACH YEAR FROM LOCAL, REGIONAL AND NATIONAL FOOD SOURCES. MORE THAN 200 EMERGENCY FEEDING PROGRAMS ACCESS THIS FOOD DAILY TO MEET THE FOOD NEEDS OF THE PEOPLE LIVING IN FOOD INSECURE HOUSEHOLDS ACROSS THE 4 COUNTIES IT SERVES. THE EMERGENCY FOOD ASSISTANCE PROGRAM IS FUNDED BY THE STATE OF NEW JERSEY THROUGH DISTRIBUTION OF FUNDS FOR THE PURCHASE OF HEALTHY AND NUTRITIOUS FOODS TO FEED PEOPLE AFFECTED BY HUNGER THROUGH PARTICIPATING AGENCIES. IN JANUARY 2020, THE WORLD HEALTH ORGANIZATION DECLARED THE OUTBREAK OF A NOVEL CORONAVIRUS (COVID-19) AS A "PUBLIC HEALTH EMERGENCY OF INTERNATIONAL CONCERN," WHICH CONTINUES TO SPREAD THROUGHOUT THE WORLD AND HAS ADVERSELY IMPACTED GLOBAL COMMERCIAL ACTIVITY AND CONTRIBUTED TO SIGNIFICANT DECLINES AND VOLATILITY IN FINANCIAL MARKETS. THE CORONAVIRUS OUTBREAK AND GOVERNMENT RESPONSES ARE CREATING DISRUPTION IN GLOBAL SUPPLY CHAINS AND ADVERSELY IMPACTING MANY INDUSTRIES. THE OUTBREAK COULD CONTINUE TO HAVE A CONTINUED MATERIAL ADVERSE IMPACT ON ECONOMIC AND MARKET CONDITIONS AND TRIGGER A PERIOD OF GLOBAL ECONOMIC SLOWDOWN. THE RAPID DEVELOPMENT AND FLUIDITY OF THIS SITUATION PRECLUDES ANY PREDICTION AS TO THE ULTIMATE MATERIAL ADVERSE IMPACT OF THE CORONAVIRUS OUTBREAK. THE ORGANIZATION HAS SEEN A HIGH LEVEL OF SUPPORT DURING THE PANDEMIC WITH A SURPLUS OF $2.6 MILLION AND CASH OF $11.7 MILLION AS OF DECEMBER 31, 2021. PART OF THE INCREASE IN SUPPORT WAS USED THIS YEAR TO RESPOND TO THE ECONOMIC IMPACT OF THE PANDEMIC. THE ORGANIZATION SAW A SPIKE IN THE NUMBER OF THOSE HARDEST HIT. IN 2021, THE ORGANIZATION DISTRIBUTED 17.9 MILLION POUNDS OF FOOD AND 868,500 CHILDREN'S MEALS. APPROXIMATELY 59,000 SOUTH JERSEY INDIVIDUALS INCLUDING FAMILIES AND SENIORS TURNED TO THE FOOD BANK OF SOUTH JERSEY FOR FOOD RESOURCES. SEVERAL FACTORS HAVE AND WILL CONTINUE TO REQUIRE THE ORGANIZATION TO PURCHASE HUGE QUANTITIES OF FOOD AS WELL AS NON-FOOD ITEMS. FINANCIAL ASSETS ON HAND WILL HELP THE ORGANIZATION MEET EXTRAORDINARY NEEDS. THE CONCERN REMAINS ON FUNDING THE ANTICIPATED HIGHER NEED IN THE YEARS BEYOND. THE PREVIOUS DOWNTURN TOOK NEARLY A DECADE TO SEE AN ECONOMIC RECOVERY FOR THE ORGANIZATION'S CLIENT POPULATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frederick C Wasiak CEO | Officer | 40 | $197,826 |
Charlie Hosier COO | Officer | 40 | $120,169 |
Lavinia Awosanya Cdo | Officer | 40 | $106,984 |
Kathleen Horton CFO | Officer | 40 | $99,967 |
Megan D Shea Chairperson | OfficerTrustee | 1 | $0 |
Michael H Kinzler Treasurer | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Maramount Corp Food Purchases | 12/30/21 | $2,667,849 |
Mclane Hunger Food Purchases | 12/30/21 | $1,229,544 |
Second Harvest Food Bank Food Purchases | 12/30/21 | $939,573 |
Temptrol Corp Freezer Expansion | 12/30/21 | $725,387 |
Cis Food Purchases | 12/30/21 | $715,633 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $806,137 |
Related organizations | $0 |
Government grants | $18,207,251 |
All other contributions, gifts, grants, and similar amounts not included above | $15,759,449 |
Noncash contributions included in lines 1a–1f | $17,180,242 |
Total Revenue from Contributions, Gifts, Grants & Similar | $34,772,837 |
Total Program Service Revenue | $716,666 |
Investment income | $55,921 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$1,689 |
Net Income from Fundraising Events | $99,991 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | -$61 |
Miscellaneous Revenue | $0 |
Total Revenue | $35,639,314 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $626,777 |
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 | $3,565,514 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $709,403 |
Payroll taxes | $369,227 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $144,473 |
Office expenses | $270,660 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $364,738 |
Travel | $8,815 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $56,973 |
Interest | $95,747 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $402,643 |
Insurance | $27,385 |
All other expenses | $1,419,412 |
Total functional expenses | $33,015,491 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,701,484 |
Savings and temporary cash investments | $15,864 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $591,900 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $2,167,457 |
Prepaid expenses and deferred charges | $99,361 |
Net Land, buildings, and equipment | $4,930,739 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $19,506,805 |
Accounts payable and accrued expenses | $559,521 |
Grants payable | $0 |
Deferred revenue | $1,536,137 |
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 | $2,287,919 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $4,383,577 |
Net assets without donor restrictions | $14,651,308 |
Net assets with donor restrictions | $471,920 |
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 | $19,506,805 |
Over the last fiscal year, Food Bank Of South Jersey Inc has awarded $595,255 in support to 33 organizations.
Grant Recipient | Amount |
---|---|
Sewell, NJ PURPOSE: FACILITY UPGRADES/PANDEMIC RELIEF | $165,000 |
Willingboro, NJ PURPOSE: PANDEMIC RELIEF FUND | $17,739 |
CITY OF LIGHT MINISTRIES PURPOSE: ENHANCE HOME DELIVERY | $15,703 |
Williamstown, NJ PURPOSE: PANDEMIC RELIEF FUND | $15,000 |
BEACON OF HOPE PURPOSE: PANDEMIC RELIEF FUND | $15,000 |
Pemberton, NJ PURPOSE: PANDEMIC RELIEF FUND | $15,000 |
Over the last fiscal year, we have identified 22 grants that Food Bank Of South Jersey Inc has recieved totaling $1,477,986.
Awarding Organization | Amount |
---|---|
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $898,585 |
Princeton Area Community Foundation Inc Lawrenceville, NJ PURPOSE: general operating support | $60,000 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $55,854 |
The Blackbaud Giving Fund Charleston, SC PURPOSE: GENERAL SUPPORT | $55,854 |
C P A C Pennsauken, NJ PURPOSE: social services | $53,489 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $52,154 |
Beg. Balance | $25,035 |
Other Expense | $25,035 |
Organization Name | Assets | Revenue |
---|---|---|
Central Pennsylvania Food Bank Harrisburg, PA | $41,756,494 | $105,777,464 |
Philabundance Philadelphia, PA | $62,856,979 | $111,938,565 |
Greater Pittsburgh Community Food Bank Duquesne, PA | $60,747,557 | $86,169,867 |
Feedmore Western New York Inc Buffalo, NY | $12,964,755 | $36,110,080 |
Food Bank Of Central New York Syracuse, NY | $20,826,838 | $35,826,283 |
Share Food Program Inc Phila, PA | $13,209,885 | $37,008,855 |
Food Bank Of Delaware Inc Newark, DE | $42,761,561 | $34,997,234 |
Food Bank Of South Jersey Inc Pennsauken, NJ | $19,506,805 | $35,639,314 |
Feeding Westchester Inc Elmsford, NY | $20,334,551 | $33,036,793 |
Regional Food Bank Of N E Ny Inc Latham, NY | $37,973,323 | $34,272,661 |
Second Harvest Food Bank Of Northwest Pennsylvania Erie, PA | $15,777,117 | $23,198,189 |
Helping Harvest Fresh Food Bank Reading, PA | $13,213,395 | $15,794,436 |