Philadelphia Regional Section Institute Of Food Technologies
- Assets
- $183.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morrisville, PA
- Founding
- 04/1960
- Data as of
- 06/2022
- EIN
- 23-6274096
Organization Overview
Philadelphia Regional Section Institute Of Food Technologies is located in Morrisville, PA. The organization was established in 1960. 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. Philadelphia Regional Section Institute Of Food Technologies is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Philadelphia Regional Section Institute Of Food Technologies generated $36.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $12.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (11.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS AWARDED TO OUTSTANDING STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mallory Declement Director At Large | 1 | $0 | |
Colleen Creamer Secretary | 1 | $0 | |
Laura King President Elect | 1 | $0 | |
Susan Mayer President | 1 | $0 | |
David Smith Treasurer | 1 | $0 | |
Michael Sentack Director At Large | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $5,221 |
| Investment income | $3,585 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $27,795 |
| Other Revenue | $0 |
| Total Revenue | $36,601 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,264 |
| Total expenses | $12,264 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $183,430 |
| Other assets | $0 |
| Total assets | $183,430 |
| Total liabilities | $0 |
| Net assets or fund balances | $183,430 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shared Harvest Foodbank Inc Fairfield, OH | $6,818,793 | $10,472,321 |
Food Pantry Network Of Licking County Newark, OH | $2,688,502 | $9,110,429 |
York County Food Bank York, PA | $7,741,170 | $9,567,818 |
Anne Arundel County Food Bank Inc Crownsville, MD | $5,138,809 | $7,635,444 |
Masbia Of Queens Brooklyn, NY | $208,695 | $6,270,720 |
Interfaith Food Pantry Inc Morris Plains, NJ | $8,140,579 | $7,741,813 |
Heart Food Pantry Reynoldsburg, OH | $525,127 | $5,507,528 |
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 |