Pennsylvania Food Merchants Education
- Assets
- $810.9k
- Revenue
- $137.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Wormleysburg, PA
- Founding
- 08/1984
- Data as of
- 03/2022
- EIN
- 23-2241930
Organization Overview
Pennsylvania Food Merchants Education is located in Wormleysburg, PA. The organization was established in 1984. 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. Pennsylvania Food Merchants Education 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 03/2022, Pennsylvania Food Merchants Education generated $137.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $66.6k during the year ending 03/2022. While expenses have increased by 0.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HIGHER EDUCATION SCHOLARSHIPS AND GRANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF EDUCATION FOR THE FOOD INDUSTRY BY PROVIDING SCHOLARSHIP FUNDS TO VARIOUS HIGH SCHOOLS, UNIVERSITIES AND COLLEGES. FOR THE YEAR ENDED MARCH 31, 2022 TWENTY-SIX SCHOLARSHIPS WERE AWARDED TO RECIPIENTS FOR THE 2021-2022 ACADEMIC YEAR. THE AWARDS HELP DEFRAY THE COSTS OF SECONDARY EDUCATION. EACH SCHOLARSHIP IS PAYABLE DIRECTLY TO THE RECIPIENT'S EDUCATIONAL INSTITUTION UPON THE START OF THE ACADEMIC YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Kempf Treasurer | OfficerTrustee | 0.25 | $0 |
Scott Hartman Chairman | OfficerTrustee | 0.25 | $0 |
Dwight Cromer Controller | Officer | 0.25 | $0 |
Caron Sanders Trustee | Trustee | 0.25 | $0 |
Alex Baloga Trustee | Trustee | 0.25 | $0 |
Andrea Karns Trustee | Trustee | 0.25 | $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 | $49,046 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,046 |
| Total Program Service Revenue | $0 |
| Investment income | $25,753 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $62,636 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $137,435 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $53,500 |
| 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 | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,511 |
| Fees for services: Other | $2,600 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $66,611 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $65,895 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $745,002 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $810,897 |
| 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 | $747,897 |
| Net assets with donor restrictions | $63,000 |
| 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 | $810,897 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Pennsylvania Food Merchants Education has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Rutters Childrens Charities Inc York, PA PURPOSE: TO PROVIDE SUPPORT FOR THE ORGANIZATIONS SPONSORHIP OF THE THOMAS AND LAURA RIDGE SCHOLARSHIP FOUNDATION FUND. | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tomche Shabbos Of Rockland County Monsey, NY | $3,190,088 | $8,439,711 |
Interfaith Nutrition Network Hempstead, NY | $10,559,882 | $10,681,917 |
Move For Hunger Inc Neptune, NJ | $1,899,350 | $7,237,054 |
St Johns Bread & Life Program Inc Brooklyn, NY | $8,308,596 | $7,077,565 |
T A S K Trenton, NJ | $14,881,769 | $6,763,613 |
Food Brigade Inc Paramus, NJ | $32,609 | $4,662,989 |
Lexington Market Inc Baltimore, MD | $34,272,754 | $5,979,904 |
Lakewood Community Service Corp Lakewood, NJ | $2,505,972 | $4,390,596 |
Rescuing Leftover Cuisine New York, NY | $1,103,625 | $3,644,862 |
With Gods Grace Dayton, OH | $218,144 | $3,520,622 |
Pauls Place Inc Baltimore, MD | $14,169,802 | $2,887,812 |
La Soupe Inc Cincinnati, OH | $5,523,582 | $5,381,446 |