Centre Street Food Pantry Inc
- Assets
- $631.6k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 3
- Location
- Newton, MA
- Founding
- 11/2010
- Data as of
- 12/2021
- EIN
- 27-3154521
Organization Overview
Centre Street Food Pantry Inc is located in Newton, MA. The organization was established in 2010. 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 12/2021, Centre Street Food Pantry Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centre Street Food Pantry 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 12/2021, Centre Street Food Pantry Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 41.2% each year . All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 50.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ORGANIZATION FORMED TO PROVIDE FAMILIES WITHIN THE COMMUNITY WITH CONSISTENT ACCESS TO NUTRITIOUS FOOD AND PERSONAL ITEMS IN A DIGNIFIED, SENSITIVE AND INCLUSIN=VE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FAMILIES WITHIN THE COMMUNITY WITH CONSISTENT ACCESS TONUTRITIOUS FOOD AND PERSONAL ITEMS INA DIGNIFIED, SENSITIVE AND INCLUSIVE ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Utstein Treasurer | OfficerTrustee | 10 | $0 |
Amy Less President | OfficerTrustee | 2 | $0 |
Karen Allschwang Director | Trustee | 0 | $0 |
Jean Chadbourne Director | Trustee | 0 | $0 |
Saadia Husain Baloch Director | Trustee | 0 | $0 |
Cathy Boskey Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,292 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,579,112 |
| Noncash contributions included in lines 1a–1f | $1,042,997 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,591,404 |
| Total Program Service Revenue | $5,276 |
| Investment income | $1,218 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,597,898 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,708 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,585 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,918 |
| Advertising and promotion | $9,917 |
| Office expenses | $6,529 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,835 |
| Travel | $8,685 |
| 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 | $5,193 |
| Insurance | $0 |
| All other expenses | $3,012 |
| Total functional expenses | $1,547,987 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $579,136 |
| Savings and temporary cash investments | $0 |
| 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 | $25,964 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $26,500 |
| Total assets | $631,600 |
| Accounts payable and accrued expenses | $10,503 |
| 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 | $10,503 |
| Net assets without donor restrictions | $621,097 |
| Net assets with donor restrictions | $0 |
| 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 | $631,600 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Centre Street Food Pantry Inc has recieved totaling $66,501.
| Awarding Organization | Amount |
|---|---|
Three Squares New England Dedham, MA PURPOSE: TO PROVIDE AID TO ASSIST IN BATTLING HUNGER | $15,220 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $10,773 |
Fiduciary Charitable Foundation Boston, MA PURPOSE: DONATIONS | $10,000 |
Foundation For Metrowest Inc Natick, MA PURPOSE: GENERAL SUPPORT | $10,000 |
American Endowment Foundation Hudson, OH PURPOSE: FOOD, NUTRITION | $6,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $5,300 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Worcester County Food Bank Inc Shrewsbury, MA | $18,509,870 | $19,136,564 |
Masbia Of Queens Brooklyn, NY | $208,695 | $6,270,720 |
The Open Door Cape Ann Food Pantry Inc Gloucester, MA | $8,508,042 | $7,338,820 |
Merrimack Valley Food Bank Inc Lowell, MA | $5,091,196 | $5,773,148 |
Bnai Raphael Chesed Organization Inc Brooklyn, NY | $178,311 | $4,342,622 |
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 |
Family Pantry Of Cape Cod Corp The Harwich, MA | $8,217,901 | $5,260,045 |
Food Bank Of Lower Fairfield County Inc Stamford, CT | $7,933,145 | $3,593,728 |
Food Pantries Of The Capital Dist Inc Albany, NY | $2,048,259 | $2,627,619 |
Brookline Food Pantry Inc Brookline, MA | $2,189,044 | $2,580,358 |