Altoona Food Bank Inc
- Assets
- $241.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Altoona, PA
- Founding
- 01/1991
- Data as of
- 12/2023
- EIN
- 25-1618730
Organization Overview
Altoona Food Bank Inc is located in Altoona, PA. The organization was established in 1991. 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. Altoona Food Bank 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 12/2023, Altoona Food Bank Inc generated $55.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $63.8k during the year ending 12/2023. While expenses have increased by 20.1% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FOOD BANK
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Buchanan President | 10 | $0 | |
Robert Mastos Board Member | 1 | $0 | |
Charlotte Ames Board Member | 1 | $0 | |
Lawrence Bowers Board Member | 1 | $0 | |
Rene Homer Board Member | 1 | $0 | |
Deb Peterman Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,762 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,277 |
| Total Revenue | $55,039 |
| 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 | $450 |
| Occupancy, rent, utilities, and maintenance | $12,034 |
| Printing, publications, postage, and shipping | $2,336 |
| Other expenses | $0 |
| Total expenses | $63,835 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $241,434 |
| Other assets | $0 |
| Total assets | $241,434 |
| Total liabilities | $0 |
| Net assets or fund balances | $241,434 |