Akron-Canton Regional Foodbank is located in Akron, OH. The organization was established in 1982. 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 12/2021, Akron-Canton Regional Foodbank employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Akron-Canton Regional Foodbank 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, Akron-Canton Regional Foodbank generated $52.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $47.8m during the year ending 12/2021. While expenses have increased by 3.2% 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.
Since 2015, Akron-Canton Regional Foodbank has awarded 373 individual grants totaling $5,089,100. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
FEED PEOPLE, FIGHT HUNGER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROCURE, WAREHOUSE, AND FACILITATE THE DISTRIBUTION OF DONATED FOODS AND OTHER PRODUCTS TO QUALIFIED ORGANIZATIONS WHICH SERVE PEOPLE IN NEED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dan Flowers President And CEO | Officer | 50 | $251,181 |
Michelle Hinton VP Marketing And Fund Deve | Officer | 50 | $160,420 |
Jennifer Dyer Director Of Operations | 50 | $136,309 | |
Gina Campbell Director Of Fund Developme | 50 | $104,508 | |
Michael Wilson Director Of Marketing And Communications | 50 | $100,862 | |
Tim Sisler Advisory CFO | Officer | 25 | $96,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $180,196 |
Related organizations | $68,835 |
Government grants | $13,211,115 |
All other contributions, gifts, grants, and similar amounts not included above | $38,224,897 |
Noncash contributions included in lines 1a–1f | $35,455,299 |
Total Revenue from Contributions, Gifts, Grants & Similar | $51,685,043 |
Total Program Service Revenue | $453,445 |
Investment income | $116,733 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $165,244 |
Net Income from Fundraising Events | -$48,344 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $52,426,998 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,844,718 |
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. | $553,106 |
Compensation of current officers, directors, key employees. | $249,027 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,286,084 |
Pension plan accruals and contributions | $129,038 |
Other employee benefits | $575,498 |
Payroll taxes | $454,255 |
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 | $23,949 |
Advertising and promotion | $94,771 |
Office expenses | $470,460 |
Information technology | $228,558 |
Royalties | $0 |
Occupancy | $632,780 |
Travel | $0 |
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 | $486,427 |
Insurance | $75,983 |
All other expenses | $165,938 |
Total functional expenses | $47,782,138 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,872,254 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $3,185,451 |
Accounts receivable, net | $31,117 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $4,530,750 |
Inventories for sale or use | $1,712,162 |
Prepaid expenses and deferred charges | $5,139 |
Net Land, buildings, and equipment | $5,310,596 |
Investments—publicly traded securities | $2,403,287 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $4,318,583 |
Total assets | $38,369,339 |
Accounts payable and accrued expenses | $984,312 |
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 | $500,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,484,312 |
Net assets without donor restrictions | $30,205,962 |
Net assets with donor restrictions | $6,679,065 |
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 | $38,369,339 |
Over the last fiscal year, Akron-Canton Regional Foodbank has awarded $2,685,088 in support to 153 organizations.
Grant Recipient | Amount |
---|---|
Dover, OH PURPOSE: FOOD PROGRAM | $99,854 |
Massillon, OH PURPOSE: FOOD PROGRAM | $83,692 |
Akron, OH PURPOSE: FOOD PROGRAM | $68,635 |
Akron, OH PURPOSE: FOOD PROGRAM | $67,753 |
THE SALVATION ARMY (AKRON)PANTRY & MEAL PURPOSE: FOOD PROGRAM | $65,480 |
Dover, OH PURPOSE: FOOD PROGRAM | $61,242 |
Over the last fiscal year, we have identified 5 grants that Akron-Canton Regional Foodbank has recieved totaling $31,950.
Awarding Organization | Amount |
---|---|
Nancy Andrews Family Foundation Richfield, OH PURPOSE: REDUCE HUNGER | $15,000 |
Laura B Frick Tr U Item 17 Uwo Pittsburgh, PA PURPOSE: WC DISTRIBUTION | $10,000 |
Hillier Family Foundation Akron, OH PURPOSE: SOCIAL SERVICES | $5,000 |
Hagar Family Foundation Novato, CA PURPOSE: TO FURTHER THE PREDOMINANT EXEMPT FUNCTION OF THE RECIPIENTS ORGANIZATION | $1,000 |
Swagelok Foundation Solon, OH PURPOSE: TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE | $950 |
Beg. Balance | $1,574,087 |
Earnings | $206,270 |
Admin Expense | $7,523 |
Net Contributions | $1,256,828 |
Other Expense | $68,835 |
Ending Balance | $2,960,827 |
Organization Name | Assets | Revenue |
---|---|---|
Mid-Ohio Foodbank Grove City, OH | $66,739,553 | $150,715,504 |
Central Pennsylvania Food Bank Harrisburg, PA | $41,756,494 | $105,777,464 |
Greater Cleveland Food Bank Inc Cleveland, OH | $99,360,232 | $158,496,466 |
Gleaners Community Food Bank Of Southeastern Michigan Detroit, MI | $35,933,919 | $120,810,438 |
Philabundance Philadelphia, PA | $62,856,979 | $111,938,565 |
Forgotten Harvest Inc Oak Park, MI | $66,875,011 | $91,679,704 |
Food Bank Of Eastern Michigan Inc Flint, MI | $43,208,303 | $106,664,807 |
Freestore-Foodbank Inc Cincinnati, OH | $43,700,173 | $84,720,917 |
Greater Pittsburgh Community Food Bank Duquesne, PA | $60,747,557 | $86,169,867 |
Gods Pantry Food Bank Inc Lexington, KY | $29,295,834 | $63,304,764 |
Feeding America West Michigan Comstock Park, MI | $22,537,304 | $50,507,823 |
Akron-Canton Regional Foodbank Akron, OH | $38,369,339 | $52,426,998 |