Move For Hunger Inc
- Assets
- $2.1m
- Revenue
- $21.8m
- Investments
- $0.0
- Employees
- 28
- Location
- Neptune, NJ
- Founding
- 08/2009
- Data as of
- 12/2023
- EIN
- 26-4826262
Organization Overview
Move For Hunger Inc is located in Neptune, NJ. The organization was established in 2009. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, Move For Hunger Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Move For Hunger 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, Move For Hunger Inc generated $21.8m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 20.9% each year . All expenses for the organization totaled $21.9m during the year ending 12/2023. While expenses have increased by 20.8% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES A SERVICE NETWORK FOR RELOCATION COMPANIES TO PICK UP NONPERISHABLE FOOD ITEMS FROM THOSE WHO ARE MOVING AND DELIVER THEM TO LOCAL FOOD BANKS; ORGANIZES FOOD DRIVES; AND RAISES AWARENESS OF THE HUNGER PROBLEM
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUGHT HUNGER THROUGH THE DONATION OF UNOPENED FOOD FROM PEOPLE WHO AREMOVING OR RELOCATING. IN 2023, 9,930,309 POUNDS OF FOOD WERE COLLECTED FOR FOOD BANKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Schwartz President | OfficerTrustee | 2 | $0 |
Cindy Clare Trustee | Trustee | 2 | $0 |
Stephan Lowy Trustee | Trustee | 2 | $0 |
Jenna Weinerman Trustee | Trustee | 2 | $0 |
Jeff Pederson Trustee | Trustee | 2 | $0 |
Tanya Mariottini Trustee | Trustee | 2 | $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 | $21,782,174 |
| Noncash contributions included in lines 1a–1f | $19,165,497 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,782,174 |
| Total Program Service Revenue | $0 |
| Investment income | $27,223 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,062 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,805,347 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $120,000 |
| Compensation of current officers, directors, key employees. | $6,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,093,928 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $83,643 |
| Payroll taxes | $108,887 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $41,902 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $19,097 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,823 |
| Travel | $122,867 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $54,305 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,612 |
| Insurance | $1,719 |
| All other expenses | $317,706 |
| Total functional expenses | $21,873,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,206,722 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $28,220 |
| 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 | $5,805 |
| Net Land, buildings, and equipment | $2,255 |
| Investments—publicly traded securities | $807,402 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,869 |
| Total assets | $2,101,273 |
| Accounts payable and accrued expenses | $65,397 |
| 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 | $50,869 |
| Total liabilities | $116,266 |
| Net assets without donor restrictions | $1,820,757 |
| Net assets with donor restrictions | $164,250 |
| 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 | $2,101,273 |