Imperial Valley Food Bank
- Assets
- $18.2m
- Revenue
- $11.7m
- Investments
- $1.3m
- Employees
- 18
- Location
- Imperial, CA
- Founding
- 12/1994
- Data as of
- 12/2023
- EIN
- 33-0633364
Organization Overview
Imperial Valley Food Bank is located in Imperial, CA. The organization was established in 1994. 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 12/2023, Imperial Valley Food Bank employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Imperial Valley Food Bank 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 12/2023, Imperial Valley Food Bank generated $11.7m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 15.2% each year . All expenses for the organization totaled $10.6m during the year ending 12/2023. While expenses have increased by 15.6% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO ACQUIRE, STORE AND DISTRIBUTE FOOD TO THE LOW-INCOME POPULATION EXPERIENCING HUNGER IN IMPERIAL COUNTY, CALIFORNIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
USDA COMMODITIES PROGRAM - ADMINISTER PROGRAM, DISTRIBUTED COMMODITY ITEMS TO DISTRIBUTION SITES IN ORDER TO PROVIDE FOOD TO OVER 6,000 FAMILIES ON A MONTHLY BASIS.
FOOD DISTRIBUTION TO THE NEEDY - DISTRIBUTED FOOD DONATED IN OUR COUNTY TO NEEDY MEN, CHILDREN, ELDERLY AND FAMILIES ALSO LIVING IN OUR COUNTY.
WEEKEND BACKPACK PROGRAM - PROVIDES FOOD TO SCHOOL-AGE CHILDREN DEPENDENT ON SCHOOL MEALS FOR MAJORITY OF FOOD. FOOD IS ADDED TO THEIR BACKPACKS EVERY FRIDAY FOR WEEKEND CONSUMPTION. AT LEAST 1,000 CHILDREN ARE SERVED WEEKLY.
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 |
|---|---|---|---|
Shelly Wilkinson President | OfficerTrustee | 2 | $0 |
Lizandro Escobosa Vice-President | OfficerTrustee | 1 | $0 |
Robert Barros CFO | OfficerTrustee | 2 | $0 |
Elvira Gonzalez Secretary | OfficerTrustee | 1 | $0 |
James Abatti Immediate Past-President | OfficerTrustee | 1 | $0 |
Kris Becker Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $139,042 |
| Related organizations | $0 |
| Government grants | $1,274,698 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,775,526 |
| Noncash contributions included in lines 1a–1f | $8,715,712 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,189,266 |
| Total Program Service Revenue | $279,300 |
| Investment income | $179,504 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,700 |
| Net Gain/Loss on Asset Sales | $10,536 |
| Net Income from Fundraising Events | -$10,862 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,684,156 |
| 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. | $112,313 |
| Compensation of current officers, directors, key employees. | $34,843 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $816,341 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $76,576 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $50,473 |
| Advertising and promotion | $0 |
| Office expenses | $17,279 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,085 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $81 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $82,241 |
| Insurance | $65,209 |
| All other expenses | $111,649 |
| Total functional expenses | $10,616,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,446,722 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $378,677 |
| Accounts receivable, net | $2,464 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,602,950 |
| Inventories for sale or use | $1,539,975 |
| Prepaid expenses and deferred charges | $26,778 |
| Net Land, buildings, and equipment | $393,517 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,332,906 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,451,997 |
| Total assets | $18,175,986 |
| Accounts payable and accrued expenses | $69,930 |
| Grants payable | $0 |
| Deferred revenue | $32,500 |
| 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 | $9,019,378 |
| Total liabilities | $9,121,808 |
| Net assets without donor restrictions | $8,713,689 |
| Net assets with donor restrictions | $340,489 |
| 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 | $18,175,986 |