Toledo Northwestern Ohio Foodbank Inc
- Assets
- $11.3m
- Revenue
- $20.1m
- Investments
- $0.0
- Employees
- 24
- Location
- Toledo, OH
- Founding
- 09/1984
- Data as of
- 12/2020
- EIN
- 34-1441016
Organization Overview
Toledo Northwestern Ohio Foodbank Inc is located in Toledo, OH. The organization was established in 1984. 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 12/2020, Toledo Northwestern Ohio Foodbank Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Toledo Northwestern Ohio Foodbank 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 12/2020, Toledo Northwestern Ohio Foodbank Inc generated $20.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $16.5m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO ENABLE OTHER COMMUNITY ORGANIZATIONS TO END HUNGER. WE STRIVE TO MAXIMIZE COMMUNITY RESOURCES BY EFFECTIVELY OBTAINING AND DISTRIBUTING FOOD THROUGH A FOOD COLLECTION AND DISTRIBUTION SYSTEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTE FOOD TO VARIOUS AGENCIES, GROUP HOMES, AND ORGANIZATIONS PROVIDING MEALS OR FOOD BASKETS TO THE NEEDY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James M Caldwell President & | 55 | $199,983 | |
Brad Toft Secretary | OfficerTrustee | 1 | $0 |
Norman A Bell Sr Chairman | OfficerTrustee | 1 | $0 |
Timothy F Schmidt Treasurer | OfficerTrustee | 1 | $0 |
Hal Munger Vice Chairma | OfficerTrustee | 1 | $0 |
Aimee Chafins Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,725,257 |
| Noncash contributions included in lines 1a–1f | $15,637,195 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,725,257 |
| Total Program Service Revenue | $251,706 |
| Investment income | $83,519 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$70,808 |
| Net Income from Fundraising Events | $49,721 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,060,515 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $27,022 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $641,312 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,894 |
| Fees for services: Management | $188,598 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,077 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $48,373 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,984 |
| Advertising and promotion | $193,814 |
| Office expenses | $43,080 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $193,039 |
| 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 | $137,660 |
| Insurance | $42,796 |
| All other expenses | $35,540 |
| Total functional expenses | $16,451,684 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,016,343 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $129,545 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,764,997 |
| Prepaid expenses and deferred charges | $210,498 |
| Net Land, buildings, and equipment | $1,304,782 |
| Investments—publicly traded securities | $4,921,412 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,396 |
| Total assets | $11,349,973 |
| Accounts payable and accrued expenses | $133,468 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $133,468 |
| Net assets without donor restrictions | $11,133,292 |
| Net assets with donor restrictions | $83,213 |
| 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 | $11,349,973 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Toledo Northwestern Ohio Foodbank Inc has recieved totaling $49,488.
| Awarding Organization | Amount |
|---|---|
The Society Of Saint Andrew Inc Big Island, VA PURPOSE: TO PROVIDE NOURISHMENT TO HUNGRY NEIGHBORS | $46,988 |
Frangakis Family Charitable Foundation Naples, FL PURPOSE: UNRESTRICTED DONATION | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Mountaineer Food Bank Inc Gassaway, WV | $18,523,682 | $37,219,873 |
Share Food Program Inc Phila, PA | $13,209,885 | $37,008,855 |
Feeding America Kentuckys Heartland Inc Elizabethtown, KY | $11,011,567 | $26,861,414 |
Community Harvest Food Bank Of Northeast Indiana Inc Fort Wayne, IN | $14,963,201 | $26,255,760 |
Foodbank Inc Dayton, OH | $20,325,458 | $27,891,927 |
Tri State Food Bank Inc Evansville, IN | $11,766,941 | $23,604,678 |
South Michigan Food Bank Battle Creek, MI | $7,733,906 | $21,627,675 |
Food Finders Food Bank Inc Lafayette, IN | $11,053,128 | $21,529,365 |
Second Harvest Food Bank Of Northwest Pennsylvania Erie, PA | $15,777,117 | $23,198,189 |