Friendly Hands Food Bank Inc
- Assets
- $343.0k
- Revenue
- $247.7k
- Investments
- $0.0
- Employees
- 6
- Location
- Torrington, CT
- Founding
- 05/1999
- Data as of
- 12/2021
- EIN
- 31-1639994
Organization Overview
Friendly Hands Food Bank Inc is located in Torrington, CT. The organization was established in 1999. 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 12/2021, Friendly Hands Food Bank Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friendly Hands 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 12/2021, Friendly Hands Food Bank Inc generated $247.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $208.8k during the year ending 12/2021. While expenses have increased by 0.4% 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
FOOD BANK FOR RELIEF TO FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD BANK - FOOD GATHERED AND DISTRIBUTED TO HUNDREDS OF NEEDY FAMILIES. FOOD AND TOYS ALSO BOUGHT DIRECTLY FOR DISTRIBUTION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Thomas Executive Dir. | Officer | 50 | $39,530 |
Dan Hartnett President | Officer | 4 | $0 |
Nancy Sieller Vice Pres. | Officer | 4 | $0 |
Donna Battistoni Secretary | Officer | 4 | $0 |
Lisa Gosselin Treasurer | Officer | 4 | $0 |
Mike Malizewski Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,825 |
| All other contributions, gifts, grants, and similar amounts not included above | $238,889 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $247,714 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $247,714 |
| 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. | $39,530 |
| Compensation of current officers, directors, key employees. | $3,953 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $53,777 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,890 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,459 |
| Office expenses | $6,590 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $21,171 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $8,825 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,530 |
| Insurance | $8,547 |
| All other expenses | $0 |
| Total functional expenses | $208,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $231,304 |
| 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 | $111,659 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $342,963 |
| Accounts payable and accrued expenses | $0 |
| 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 | $139,853 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $139,853 |
| Net assets without donor restrictions | $190,610 |
| Net assets with donor restrictions | $12,500 |
| 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 | $342,963 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Friendly Hands Food Bank Inc has recieved totaling $8,500.
| Awarding Organization | Amount |
|---|---|
Northwest Community Bank Foundation Inc Winstead, CT PURPOSE: FUNDING FOR VEHICLES | $6,500 |
Francis J And Louisa J Oneglia Foundation Inc Torrington, CT PURPOSE: GENERAL FUND | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Community Services Inc Jamaica, NY | $16,204,658 | $61,833,370 |
Foodlink Inc Rochester, NY | $12,495,538 | $50,797,539 |
Edesia Inc North Kingstown, RI | $34,638,112 | $45,463,901 |
Rethink Food Nyc Inc New York, NY | $24,716,191 | $29,334,574 |
Project Bread - The Walk For Hunger Inc East Boston, MA | $11,948,413 | $15,098,686 |
Tomche Shabbos Of Rockland County Monsey, NY | $3,190,088 | $8,439,711 |
Interfaith Nutrition Network Hempstead, NY | $10,559,882 | $10,681,917 |
St Johns Bread & Life Program Inc Brooklyn, NY | $8,308,596 | $7,077,565 |
Boston Area Gleaners Inc Acton, MA | $5,396,284 | $7,361,756 |
Urban Food Initiative Dorchester, MA | $4,670,593 | $4,930,418 |
Rescuing Leftover Cuisine New York, NY | $1,103,625 | $3,644,862 |
Lasagna Love Inc Williamstown, MA | $142,703 | $3,275,591 |