Food Security For America Incorporated
- Assets
- $244.0k
- Revenue
- $605.6k
- Investments
- $0.0
- Employees
- 11
- Location
- Smyrna, GA
- Founding
- 10/2012
- Data as of
- 06/2023
- EIN
- 30-0720156
Organization Overview
Food Security For America Incorporated is located in Smyrna, GA. The organization was established in 2012. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2023, Food Security For America Incorporated employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Security For America Incorporated 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 06/2023, Food Security For America Incorporated generated $605.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $592.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.7%) per year over the past 8 years. 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
CREATING COMMUNITIES ACROSS AMERICA TO EQUIP THOSE IN NEED OF HEALTHY FRESH FOOD
Describe the Organization's Program Activity:
Part 3 - Line 4a
FSA OPERATES FOOD SECURITY GROUPS AT SPONSOR SITES SO THAT LOW-INCOME FAMILIES HAVE ENOUGH FOOD, LEARN ABOUT HEALTHY LIFESTYLES, FORM UP- LIFTING COMMUNITY, AND HAVE OPPORTUNITY FOR SPIRITUAL EXPRESSION. FROM JULY 1, 2022 TO JUNE 30, 2023 FSA DISTRIBUTED 161,726 POUNDS OF FOOD WITH A RETAIL VALUE OF $311,188. BY THE FALL OF 2022 FSA-RUN PROGRAMS HAD TRANSITIONED FROM COVID-REQUIRED EMERGENCY HANDOUTS BACK TO OUR COMMUNITY-BUILDING FOOD SECURITY GROUPS. UNDUPLICATED COUNTS:243 FAMILIES MEETING BI-WEEKLY; PEOPLE IN THOSE FAMILIES, 434; OF THOSE PEOPLE, 178 OR 41% CHILDREN. 156 COMMUNITY-BUILDING MEETINGS.
NO NEW ORGANIZATIONS WERE TRAINED ON HOW TO OPERATE FOOD SECURITY GROUPS.
NETWORKING AFFILIATES: ON OCTOBER 21, 2022 FSA HOSTED A GATHERING IN ATLANTA FOR NATIONAL AFFILIATES. THE GATHERING WAS IN FURTHERANCE OF FSA'S GOAL TO FACILITATE NETWORKING AMONG AFFILIATES ACROSS THE COUNTRY WHO OPERATE THE FOOD SECURITY GROUP MODEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Yarnell President/ceo | OfficerTrustee | 50 | $75,397 |
Kelly Smith Chair | OfficerTrustee | 10 | $0 |
Mark Kassis Treasurer | OfficerTrustee | 20 | $0 |
Colleen Hagan Member | Trustee | 10 | $0 |
Michael Howard Member | Trustee | 10 | $0 |
Alan Nicely Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $40,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $553,482 |
| Noncash contributions included in lines 1a–1f | $318,388 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $593,482 |
| Total Program Service Revenue | $10,609 |
| Investment income | $1,537 |
| 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 | $605,628 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $363,199 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,397 |
| Compensation of current officers, directors, key employees. | $4,524 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,138 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,109 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,992 |
| 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 | $9,902 |
| Information technology | $13,683 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,380 |
| 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 | $7,727 |
| Insurance | $5,989 |
| All other expenses | $0 |
| Total functional expenses | $592,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,311 |
| Savings and temporary cash investments | $39,654 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,990 |
| 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 | $32,790 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,220 |
| Total assets | $243,965 |
| Accounts payable and accrued expenses | $5,297 |
| 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 | $5,297 |
| Net assets without donor restrictions | $238,668 |
| 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 | $243,965 |