Gods Pantry Food Bank Inc
- Assets
- $29.3m
- Revenue
- $63.3m
- Investments
- $6.1k
- Employees
- 76
- Location
- Lexington, KY
- Founding
- 03/1980
- Data as of
- 06/2022
- EIN
- 31-0979404
Organization Overview
Gods Pantry Food Bank Inc is located in Lexington, KY. The organization was established in 1980. 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 06/2022, Gods Pantry Food Bank Inc employed 76 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gods Pantry 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 06/2022, Gods Pantry Food Bank Inc generated $63.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $65.1m during the year ending 06/2022. While expenses have increased by 8.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF GOD'S PANTRY FOOD BANK IS REDUCING HUNGER BY WORKING TOGETHER TO FEED KENTUCKY COMMUNITIES. GOD'S PANTRY FOOD BANK ENVISIONS A NOURISHED LIFE FOR EVERY KENTICKIAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOD'S PANTRY FOOD BANK IS THE LARGEST FOOD BANK IN KENTUCKY AND INCLUDES ONE-THIRD OF THE STATE GEOGRAPHICALLY AND BY POPULATION WITHIN ITS SERVICE AREA. ITS MISSION IS REDUCING HUNGER BY WORKING TOGETHER TO FEED KENTUCKY COMMUNITIES. ITS VISION IS A NOURISHED LIFE FOR EVERY KENTUCKIAN. TO REACH THE 250,000 FOOD INSECURE KENTUCKIANS WITHIN ITS 50-COUNTY SERVICE AREA, THE FOOD BANK DISTRIBUTES NEARLY 41.8 MILLION POUNDS OF FOOD ANNUALLY THROUGH MORE THAN 500 FOOD PANTRIES AND MEAL PROGRAMS THAT PROVIDE GROCERIES OR MEALS AT NO COST TO CLIENTS EXPERIENCING HUNGER. THE FOOD BANK IS A FEEDING AMERICA AFFILIATE. THE FOOD BANK IS NOT A RELIGIOUS ORGANIZATION AND DOES NOT GIVE PREFERENCE OR REFUSE SERVICE TO ANY CLIENT OR PARTNER AGENCY BASED ON ETHNICITY, GENDER, RELIGION, OR OTHER DEFINING CHARACTERISTIC.
THE FOOD BANK WORKS WITH NONPROFIT PARTNERS IN EVERY COUNTY WITHIN ITS SERVICE AREA. IN SOME AREAS, THERE ARE STILL NOT ENOUGH FOOD RESOURCES TO MEET THE NEED. IN THOSE CASES, THE FOOD BANK OPERATES THE MOBILE PANTRY PROGRAM, A DIRECT FOOD DELIVERY PROGRAM USED TO SERVE COUNTIES WITH HIGHER-THAN-AVERAGE FOOD INSECURITY AND HEALTH AND INCOME DISPARITIES AND LOWER FOOD DISTRIBUTION RESOURCES. WITH THIS PROGRAM, OUR REFRIGERATED TRUCKS DELIVER A SELECTION OF NUTRIENT-DENSE FOOD DIRECTLY INTO COUNTIES IN NEED. IN FY22 THE MOBILE PANTRY PROGRAM OPERATED IN TWELVE COUNTIES AND PROVIDED A RELIABLE SOURCE OF HEALTHY GROCERIES, INCLUDING MEAT, MILK AND FRESH PRODUCE, TO FAMILIES.
GOD'S PANTRY FOOD BANK AIMS TO REACH ANYONE WHO IS HUNGRY IN THE 50 COUNTIES IT SERVES, BUT SOME POPULATIONS REQUIRE SPECIFIC STRATEGIES TO BE SUCCESSFUL. SENIOR CITIZENS ARE AT HIGHER RISK FOR FOOD INSECURITY DUE TO LIMITED INCOMES AND INCREASED HEALTH CHALLENGES. IN PARTNERSHIP WITH THE KENTUCKY DEPARTMENT OF AGRICULTURE, THE FOOD BANK DIRECTLY PROVIDES FOOD TO AN AVERAGE OF 13,000 SENIOR CITIZENS EACH MONTH THROUGH THE COMMODITY SUPPLEMENTAL FOOD PROGRAM. THE PROGRAM PROVIDES A SELECTION OF HEALTHY BASIC STAPLES FOR SENIORS AT 91 LOCATIONS. ONCE ENROLLED, CLIENTS RECEIVE A SELECTION OF NUTRITIOUS FOODS AT THE SAME SITE, DAY, AND TIME MONTHLY. USDA IS AN EQUAL OPPORTUNITY PROVIDER, EMPLOYER, AND LENDER. HTTPS://GODSPANTRY.ORG/NONDISCRIMINATIONSTATEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Halligan CEO | Officer | 40 | $182,542 |
Melissa Puckett Finance Director Until 11/2021 | Officer | 40 | $82,906 |
Amanda Goldman First Vice President | OfficerTrustee | 2 | $0 |
Melissa A Wilson Second Vice President | OfficerTrustee | 1 | $0 |
Dr Gregory W Kasten Treasurer | OfficerTrustee | 3 | $0 |
Elizabeth A Combs Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $367,848 |
| Related organizations | $0 |
| Government grants | $22,227,622 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,451,911 |
| Noncash contributions included in lines 1a–1f | $53,711,940 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,047,381 |
| Total Program Service Revenue | $1,047,422 |
| Investment income | $50,286 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,821 |
| Net Income from Fundraising Events | -$22,802 |
| Net Income from Gaming Activities | $190,298 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $63,304,764 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $53,425,995 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $312,255 |
| Compensation of current officers, directors, key employees. | $130,090 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,163,614 |
| Pension plan accruals and contributions | $174,856 |
| Other employee benefits | $476,690 |
| Payroll taxes | $251,336 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $352,256 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $373,453 |
| Advertising and promotion | $68,754 |
| Office expenses | $283,845 |
| Information technology | $176,851 |
| Royalties | $0 |
| Occupancy | $553,180 |
| Travel | $409,089 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,186 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $545,795 |
| Insurance | $0 |
| All other expenses | $37,522 |
| Total functional expenses | $65,130,888 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,841 |
| Savings and temporary cash investments | $12,172,221 |
| Pledges and grants receivable | $227,811 |
| Accounts receivable, net | $403,834 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,014,794 |
| Prepaid expenses and deferred charges | $120,752 |
| Net Land, buildings, and equipment | $12,193,521 |
| Investments—publicly traded securities | $139,973 |
| Investments—other securities | $6,087 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $29,295,834 |
| Accounts payable and accrued expenses | $1,011,628 |
| 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 | $547,990 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,559,618 |
| Net assets without donor restrictions | $26,241,580 |
| Net assets with donor restrictions | $1,494,636 |
| 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 | $29,295,834 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Gods Pantry Food Bank Inc has recieved totaling $19,860.
| Awarding Organization | Amount |
|---|---|
Christian Word Ministries Inc Lexington, KY PURPOSE: SUPPORT | $10,000 |
Lexington Orphan Society Lexington, KY PURPOSE: SUBSIDY | $8,000 |
Byrd Family Foundation North Chesterfield, VA PURPOSE: GENERAL OPERATING PURPOSES | $1,500 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $260 |
Mike Meinze Charitable Foundation Inc Shelbyville, KY PURPOSE: FOR ITS INTENDED CHARITABLE PURPOSE | $100 |
Endowment Analysis
| Beg. Balance | $167,346 |
| Earnings | -$21,286 |
| Ending Balance | $146,060 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid-Ohio Foodbank Grove City, OH | $66,739,553 | $150,715,504 |
St Louis Area Food Bank Inc Bridgeton, MO | $42,018,188 | $114,234,438 |
Greater Cleveland Food Bank Inc Cleveland, OH | $99,360,232 | $158,496,466 |
Mid-South Food Bank Memphis, TN | $44,109,838 | $120,096,219 |
Feed More Inc Richmond, VA | $45,221,610 | $83,224,269 |
Freestore-Foodbank Inc Cincinnati, OH | $43,700,173 | $84,720,917 |
Gods Pantry Food Bank Inc Lexington, KY | $29,295,834 | $63,304,764 |
Blue Ridge Area Food Bank Inc Verona, VA | $30,715,187 | $59,706,112 |
The Food Bank For Central & Northeast Missouri Inc Columbia, MO | $22,373,866 | $57,336,993 |
Akron-Canton Regional Foodbank Akron, OH | $38,369,339 | $52,426,998 |
Dare To Care Inc Louisville, KY | $30,243,323 | $45,399,567 |
Ohio Association Of Foodbanks Columbus, OH | $9,504,579 | $45,718,169 |