The Food Basket Inc is located in Hilo, HI. The organization was established in 2008. 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 12/2022, Food Basket Inc employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Basket 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 12/2022, Food Basket Inc generated $13.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $11.8m during the year ending 12/2022. While expenses have increased by 18.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ORGANIZATION IS TO FEED THE HUNGRY IN HAWAII COUNTY WHILE ATTENDING TO THE ROOT CAUSES OF THIS CRITICAL SOCIAL PROBLEM. THE FOOD BASKET ACCOMPLISHES ITS MISSION BY PREVENTING THE WASTE OF ALL EDIBLE FOOD IN HAWAII COUNTY, FEEDING THE HUNGRY WITH THIS FOOD, EDUCATING THE COMMUNITY ABOUT LOCAL HUNGER AND WHAT CAN BE DONE TO SOLVE THIS SOCIAL PROBLEM, AND COLLABORATING WITH ORGANIZATIONS OF PARTNERING MISSIONS TO ERADICATE THE ROOT OF HUNGER AND OTHER SOCIAL ILLS: POVERTY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2022 THE FOOD BASKET CONTINUED ITS EMERGENCY FOOD RESPONSE WITH PROGRAMS DESIGNED TO MEET THE NEEDS OF OUR RESIDENTS AFFECTED BY THE ESCALATING COST OF FOOD, WHILE ALSO PROVIDING DIGNIFIED FOOD ACCESS REGARDLESS OF GEOGRAPHY. OUR KUPUNA PANTRY PROGRAM (ALSO KNOWN AS THE COMMODITY SUPPLEMENTAL FOOD PROGRAM) SERVED 1,170 INCOME QUALIFYING SENIORS ISLAND WIDE. WE ALSO SERVED OVER 4,000 CHILDREN IN ELEMENTARY SCHOOLS WITH 100% FREE AND REDUCED LUNCH RATES THROUGH OUR "WE GOT YOUR BACK" KEIKI BACKPACK PROGRAM. ADDITIONALLY, WE ADMINISTERED THE COUNTY OF HAWAII'S CONTRACTED KAUKAU-4-KEIKI PROGRAM TO 1,732 FOOD INSECURE FAMILIES OVER THE 6-WEEK SUMMER BREAK, SUPPLEMENTING GROCERY STAPLES WITH OVER 167,000 POUNDS OF LOCALLY GROWN PRODUCE. IN KEEPING WITH THE FOOD BASKET'S POLICY OF SUPPORTING OUR LOCAL ECONOMY, WE PURCHASED 1.3 MILLION OF FOOD FOR OUR EMERGENCY FOOD PROGRAM FROM PRODUCERS AND BUSINESSES ON HAWAII ISLAND TO SUPPLEMENT THE FEDERALLY SUBSIDIZED FOOD SHIPMENTS WE RECEIVED. CUMULATIVELY, THE FOOD BASKET DISTRIBUTED NEARLY 3 MILLION POUNDS OF FOOD TO RESIDENTS ACROSS THE 4,028 SQUARE MILES OF HAWAII ISLAND.
IN 2022, THE FOOD BASKET ACQUIRED 24.5 ACRES OF LAND IN HILO TO DEVELOP AN AGRICULTURE INNOVATION PARK AND FOOD SYSTEMS CAMPUS (AIPFSC) TO MEET THE CHALLENGES OF MULTIPLE RECENT DISASTERS INCLUDING LAVA FLOWS, HURRICANES, AND THE PANDEMIC. THE AIPFSC IS AN IMPORTANT GOAL OF THE 2021 BOARD- APPROVED STRATEGIC PLAN AND GROUNDED IN A SHARED BELIEF THAT OUR COMMUNITY DESERVES SAFE, NUTRITIOUS, FAIR, AND AFFORDABLE FOOD. THE CAMPUS WILL INCLUDE AGRICULTURE CROPS, A COMMUNITY FOOD CENTER AND FOOD BANK, A STATE- OF-THE-ART FOOD INNOVATION CENTER AND PROVIDE OPPORTUNITIES FOR: FOOD PROCESSING AND DISTRIBUTION; FARM AND BUSINESS INCUBATION; AGRICULTURE TRAINING AND PRODUCTION; CULTURAL AND EDUCATIONAL PROGRAMS.
DA BUX DOUBLE UP FOOD BUCKS PROGRAM CONTINUED ITS EXPANSION ACROSS THE STATE AND AT THE END OF 2022, WAS AVAILABLE AT OVER 100 RETAIL SITES. THE PROGRAM ISSUED OVER 2.3 MILLION IN FOOD NUTRITION INCENTIVES STATEWIDE ON HAWAII GROWN FRUITS AND VEGETABLES. DA BUX PROGRAM ALSO PUBLISHED THEIR THIRD CHILD-BASED NUTRITION EDUCATION BOOK IN THE KAI AND HOKU EXPLORE FOODS OF HAWAII SERIES, TO HELP FAMILIES AND EDUCATORS EXPLORE LOCAL FRUITS AND VEGETABLES WITH CHILDREN AND TO ADDRESS THE TREND OF HIGH PERCENTAGE OF OBESITY AND CHRONIC DIET RELATED DISEASES AMONG HAWAII'S SOCIOECONOMICALLY DISADVANTAGED POPULATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ann Ebesuno Chair | OfficerTrustee | 2 | $0 |
Warren Lee Vice Chair | OfficerTrustee | 1 | $0 |
Mark Krzyzanowski Vice Chair | OfficerTrustee | 1 | $0 |
Julia Zee Secretary | OfficerTrustee | 1 | $0 |
Dennis Lin Treasurer | OfficerTrustee | 1 | $0 |
Stephen Ueda Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $30,177 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $5,939,960 |
All other contributions, gifts, grants, and similar amounts not included above | $7,365,292 |
Noncash contributions included in lines 1a–1f | $4,043,558 |
Total Revenue from Contributions, Gifts, Grants & Similar | $13,335,429 |
Total Program Service Revenue | $400,587 |
Investment income | $1,631 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $41,189 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $13,778,836 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $284,039 |
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. | $122,304 |
Compensation of current officers, directors, key employees. | $17,758 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,123,770 |
Pension plan accruals and contributions | $13,462 |
Other employee benefits | $161,382 |
Payroll taxes | $142,208 |
Fees for services: Management | $0 |
Fees for services: Legal | $3,891 |
Fees for services: Accounting | $16,073 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $93,709 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,560,191 |
Advertising and promotion | $158,557 |
Office expenses | $13,509 |
Information technology | $27,166 |
Royalties | $0 |
Occupancy | $240,971 |
Travel | $33,883 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $15,074 |
Interest | $759 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $282,126 |
Insurance | $48,353 |
All other expenses | $95,871 |
Total functional expenses | $11,763,106 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,091,968 |
Savings and temporary cash investments | $2,076,030 |
Pledges and grants receivable | $820,891 |
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 | $896,548 |
Prepaid expenses and deferred charges | $115,738 |
Net Land, buildings, and equipment | $2,516,871 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $421,623 |
Total assets | $10,939,669 |
Accounts payable and accrued expenses | $595,650 |
Grants payable | $0 |
Deferred revenue | $11,900 |
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 | $410,723 |
Total liabilities | $1,018,273 |
Net assets without donor restrictions | $7,301,768 |
Net assets with donor restrictions | $2,619,628 |
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 | $10,939,669 |