Porch Inc
- Assets
- $77.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Carrboro, NC
- Founding
- 03/2017
- Data as of
- 12/2022
- EIN
- 32-0518303
Organization Overview
Porch Inc is located in Carrboro, NC. The organization was established in 2017. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Porch 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 12/2022, Porch Inc generated $138.3k in total revenue. All expenses for the organization totaled $96.6k during the year ending 12/2022. While expenses have increased by 110.6% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PORCH INC. IS AN ALL VOLUNTEER, NON-PROFIT ORGANIZATION WHICH PROVIDES OPPORTUNITIES AND GUIDANCE TO OTHER, SEPARATE ORGANIZATIONS TO COLLECT AND DISTRIBUTE FOOD ON BEHALF OF THE HUNGRY IN THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3
PROVIDING OPPORTUNITIES AND GUIDANCE TO OTHER, SEPARATE ORGANIZATIONS TO COLLECT AND DISTRIBUTE FOOD ON BEHALF OF THE HUNGRY IN THEIR COMMUNITIES, PRIMARILY THROUGH EDUCATIONAL CONFERENCES AND WEBSITE SUPPORT AND COORDINATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Spokane Secretary | 15 | $0 | |
Michael Frisch Treasurer | 15 | $0 | |
Christine Cotton Board Chair | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,310 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $138,310 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,550 |
| Professional fees and other payments to independent contractors | $4,279 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $20,527 |
| Other expenses | $33,267 |
| Total expenses | $96,623 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $77,594 |
| Other assets | $0 |
| Total assets | $77,594 |
| Total liabilities | $0 |
| Net assets or fund balances | $77,594 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Porch Inc has recieved totaling $6,361.
| Awarding Organization | Amount |
|---|---|
Ann Ludington Sullivan Foundation Chapel Hill, NC PURPOSE: OPERATING FUND | $3,000 |
Grace Jones Richardson Tr Greensboro, NC PURPOSE: TO ASSIST THE ORGANIZATION IN CARRYING OUT ITS EXEMPT PURPOSE | $2,000 |
Neisler Foundation Kings Mountain, NC PURPOSE: TO PROVIDE CONTINUED SUPPORT OF THE FOUNDATION'S CHARITABLE PURPOSE | $761 |
Rao Family Foundation Chapel Hill, NC PURPOSE: GENERAL DONATION | $600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Council Services Inc Americus, GA | $11,942,180 | $9,376,326 |
School Nutrition Association Inc Arlington, VA | $16,052,555 | $7,166,354 |
Second Helpings Atlanta Inc Atlanta, GA | $1,164,616 | $7,933,266 |
Georgia Nutritional Services Inc Conyers, GA | $1,305,106 | $6,913,092 |
Of One Accord Inc Rogersville, TN | $2,058,166 | $4,725,559 |
Nashville Food Project Inc Nashville, TN | $5,206,540 | $2,809,035 |
Serving Orphans Worldwide Inc Bristol, TN | $957,366 | $2,923,853 |
A Gift From Ben Inc Williamsburg, VA | $40,903 | $2,555,579 |
Food Runners Collaborative Inc Raleigh, NC | $2,926,900 | $1,721,680 |
Fill Ministries Inc Cumming, GA | $1,776,201 | $2,103,898 |
The Harvest Center Of Charlotte Inc Charlotte, NC | $6,077,688 | $1,147,805 |
Local Environmental Agriculture Project Incorporated Roanoke, VA | $3,147,935 | $4,206,797 |