Interfaith Food Pantry Inc
- Assets
- $8.1m
- Revenue
- $7.7m
- Investments
- $499.4k
- Employees
- 27
- Location
- Morris Plains, NJ
- Founding
- 04/1999
- Data as of
- 12/2021
- EIN
- 22-3618468
Organization Overview
Interfaith Food Pantry Inc is located in Morris Plains, NJ. The organization was established in 1999. 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, Interfaith Food Pantry Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interfaith 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, Interfaith Food Pantry Inc generated $7.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $5.6m during the year ending 12/2021. While expenses have increased by 6.9% 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 IMPROVE THE HEALTH OF MORRIS COUNTY, NJ RESIDENTS BY PROVIDING ACCESS TO FOOD, NUTRITION EDUCATION AND RELATED RESOURCES AND TO PROVIDE VOLUNTEER OPPORTUNITIES AND EDUCATE THE PUBLIC ABOUT HUNGER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE A FOOD DISTRIBUTION PROGRAM PRIMARILY ENGAGED IN COLLECTION, SALVAGING, PREPARATION, AND DISTRIBUTION OF FOOD FOR THE NEEDY IN MORRIS COUNTY, NJ. WE ALSO DELIVER GROCERIES TO PERSONS, WHO BY REASON OF AGE, DISABILITY, OR ILLNESS, ARE UNABLE TO DO SO FOR THEMSELVES AND PROVIDE NUTRITION EDUCATION TO OUR CLIENTS AND EDUCATE DONORS AND THE PUBLIC ABOUT HUNGER IN MORRIS COUNTY, NJ.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carolyn Lake Executive Director | OfficerTrustee | 40 | $166,098 |
Tim Lockwood President | OfficerTrustee | 2 | $0 |
Bruce Seidmon Vice- President | OfficerTrustee | 2 | $0 |
Nathan Umbriac Secretary | OfficerTrustee | 2 | $0 |
John Eade Treasurer | OfficerTrustee | 3 | $0 |
Dana Spangher Asst. Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $196,422 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,433,040 |
| Noncash contributions included in lines 1a–1f | $3,334,042 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,639,462 |
| Total Program Service Revenue | $0 |
| Investment income | $48,389 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $40,510 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $13,452 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,741,813 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,223,886 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $179,176 |
| Compensation of current officers, directors, key employees. | $14,334 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,149,696 |
| Pension plan accruals and contributions | $65,001 |
| Other employee benefits | $130,778 |
| Payroll taxes | $106,437 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $32,034 |
| Advertising and promotion | $0 |
| Office expenses | $61,451 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $103,988 |
| 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 | $117,177 |
| Insurance | $33,112 |
| All other expenses | $3,105 |
| Total functional expenses | $5,560,267 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,168,132 |
| 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 | $444,200 |
| Prepaid expenses and deferred charges | $1,910 |
| Net Land, buildings, and equipment | $2,096,073 |
| Investments—publicly traded securities | $1,930,883 |
| Investments—other securities | $499,381 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,140,579 |
| Accounts payable and accrued expenses | $47,293 |
| 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 | $47,293 |
| Net assets without donor restrictions | $7,093,286 |
| Net assets with donor restrictions | $1,000,000 |
| 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 | $8,140,579 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Interfaith Food Pantry Inc has recieved totaling $21,750.
| Awarding Organization | Amount |
|---|---|
Provident Bank Foundation Inc Iselin, NJ PURPOSE: HEALTHY CHOICES COMMUNITY HEALTH INITIATIVE | $20,000 |
Bess Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Nacchio Foundation Inc Jupiter, FL PURPOSE: GENERAL SUPPORT | $750 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Helping Harvest Fresh Food Bank Reading, PA | $13,213,395 | $15,794,436 |
Pennsylvania Association Of Regional Food Banks Canonsburg, PA | $225,827 | $15,078,768 |
Tomchei Shabbos Dlakewood Inc Lakewood, NJ | $8,550,433 | $14,447,125 |
Westmoreland County Food Bank Inc Delmont, PA | $9,656,892 | $11,524,650 |
York County Food Bank York, PA | $7,741,170 | $9,567,818 |
Masbia Of Queens Brooklyn, NY | $208,695 | $6,270,720 |
Interfaith Food Pantry Inc Morris Plains, NJ | $8,140,579 | $7,741,813 |
Bnai Raphael Chesed Organization Inc Brooklyn, NY | $178,311 | $4,342,622 |
Franklin Township Food Bank Somerset, NJ | $1,398,898 | $4,669,180 |
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 |