Walpole Community Food Pantry Inc
- Assets
- $499.1k
- Revenue
- $219.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Walpole, MA
- Founding
- 11/1993
- Data as of
- 12/2021
- EIN
- 22-3260674
Organization Overview
Walpole Community Food Pantry Inc is located in Walpole, MA. The organization was established in 1993. 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. Walpole Community 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 12/2021, Walpole Community Food Pantry Inc generated $219.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 62.8% each year . All expenses for the organization totaled $93.5k during the year ending 12/2021. While expenses have increased by 40.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO GATHER & DISTRIBUTE FREE FOOD & OTHER NECESSITIES FOR HOME CONSUMPTION TO ELIGIBLE WALPOLE RESIDENTS BASED ON ECONOMIC NEED & AVAILABILITY. WE ALSO COLLABORATE WITH SURROUNDING COMMUNITIES TO WORK TOWARD ERADICATING FOOD INSECURITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PANTRY'S GOAL IS TO GATHER AND DISTRIBUTE FREE FOOD AND OTHER NECESSITIES FOR HOME CONSUMPTION TO ELIGIBLE WALPOLE RESIDENTS BASED ON ECONOMIC NEED AND AVAILABILITY. IN ADDITION, WE COLLABORATE WITH SURROUNDING COMMUNITIES TO WORK TOWARD ERADICATING FOOD INSECURITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Timothy Michaud Treasurer | OfficerTrustee | 3 | $0 |
Janet Rinne Co-President | OfficerTrustee | 7 | $0 |
William Willoth Co-President | OfficerTrustee | 35 | $0 |
Barbara Beech Secretary | OfficerTrustee | 5 | $0 |
Janet Fasanello Director | Trustee | 3 | $0 |
Gregg Teixeira Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $90,193 |
| All other contributions, gifts, grants, and similar amounts not included above | $186,660 |
| Noncash contributions included in lines 1a–1f | $39,484 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $276,853 |
| Total Program Service Revenue | $0 |
| Investment income | $676 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$57,702 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $219,827 |
| 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 | $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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,000 |
| Advertising and promotion | $0 |
| Office expenses | $11,712 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $58,917 |
| Travel | $7,910 |
| 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 | $0 |
| Insurance | $9,338 |
| All other expenses | $0 |
| Total functional expenses | $93,544 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $263,853 |
| Savings and temporary cash investments | $64,603 |
| 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 | $4,325 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $166,368 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $499,149 |
| 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 | $499,149 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $499,149 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Walpole Community Food Pantry Inc has recieved totaling $16,348.
| Awarding Organization | Amount |
|---|---|
Bay State Federal Savings Charitable Foundation Sagamore Beach, MA PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Shea Fam Foundation Tr Newton, MA PURPOSE: SUPPORT LOCAL COMMUNITY | $5,000 |
Middlesex Savings Charitable Foundation Inc Natick, MA PURPOSE: EXEMPT PURPOSE | $2,500 |
Dedham Institution For Savings Foundationa Boston, MA PURPOSE: TO FUND FOOD DONATIONS | $1,500 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $1,000 |
Carney Family Charitable Foundation Bridgewater, MA PURPOSE: HEALTH AND HUMAN SERVICES | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Masbia Of Queens Brooklyn, NY | $208,695 | $6,270,720 |
The Open Door Cape Ann Food Pantry Inc Gloucester, MA | $8,508,042 | $7,338,820 |
Merrimack Valley Food Bank Inc Lowell, MA | $5,091,196 | $5,773,148 |
Bnai Raphael Chesed Organization Inc Brooklyn, NY | $178,311 | $4,342,622 |
Reb Shayalas Kitchen Monsey, NY | $87,179 | $3,500,867 |
Sephardic Food Fund Inc New York, NY | $2,017,531 | $3,873,990 |
Food Bank Association Of New York State Albany, NY | $1,662,336 | $3,136,286 |
Family Pantry Of Cape Cod Corp The Harwich, MA | $8,217,901 | $5,260,045 |
Food Bank Of Lower Fairfield County Inc Stamford, CT | $7,933,145 | $3,593,728 |
Food Pantries Of The Capital Dist Inc Albany, NY | $2,048,259 | $2,627,619 |
Brookline Food Pantry Inc Brookline, MA | $2,189,044 | $2,580,358 |
The Salem Pantry Inc Salem, MA | $730,790 | $2,165,519 |