Tri State Food Bank Inc
- Assets
- $11.8m
- Revenue
- $23.6m
- Investments
- $718.3k
- Employees
- 41
- Location
- Evansville, IN
- Founding
- 11/1982
- Data as of
- 06/2022
- EIN
- 35-1539870
Organization Overview
Tri State Food Bank Inc is located in Evansville, IN. 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 06/2022, Tri State Food Bank Inc employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tri State 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 06/2022, Tri State Food Bank Inc generated $23.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $23.7m during the year ending 06/2022. While expenses have increased by 10.8% 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, Tri State Food Bank Inc has awarded 951 individual grants totaling $84,297,218. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TRI-STATE FOOD BANK, INC SOLICITS, WAREHOUSES, AND DISBURSES DONATED FOOD PRODUCT TO OTHER NOT-FOR-PROFIT CORPORATIONS IN INDIANA, ILLINOIS, AND KENTUCKY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FEED THE HUNGRY BY SOLICITING AND JUDICIOUSLY DISTRIBUTING MARKETABLE SURPLUS FOOD TO NON-PROFIT AGENCIES, WHICH SERVE THE NEEDY IN A 33 COUNTY AREA OF THE TRI-STATE. TO SERVE AS A CHANNEL THROUGH WHICH DONORS MAY BE ASSURED GOOD WAREHOUSING PRACTICES, EQUITABLE DISTRIBUTION, AND ACCOUNTABILITY TO THE MEMBER AGENCIES AS WELL AS TO THE NEEDY. TO MONITOR MEMBER AGENCIES AND TO ASSIST THEM IN THE VARIOUS PROGRAMS THEY SPONSOR. TO EDUCATE THE PUBLIC ABOUT THE NATURE OF AND THE SOLUTIONS TO THE PROBLEMS OF HUNGER. TO ENCOURAGE DONORS TO PRACTICE THE GOOD STEWARDSHIP OF DONATIONS, NOT DUMPING, USUABLE SURPLUS FOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Roberts Executive Director | Officer | 40 | $98,920 |
Stephanie Draper-Moore Vice President | OfficerTrustee | 4 | $0 |
Pat Thomas President | OfficerTrustee | 4 | $0 |
Darryl Spurlock Treasurer | OfficerTrustee | 4 | $0 |
Robin O'neal Secretary | OfficerTrustee | 4 | $0 |
Scott Berry Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,773,241 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,271,655 |
| Noncash contributions included in lines 1a–1f | $18,807,717 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,044,896 |
| Total Program Service Revenue | $497,628 |
| Investment income | $17,119 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $30,441 |
| Net Income from Fundraising Events | $14,968 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,604,678 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $19,531,261 |
| 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. | $98,920 |
| Compensation of current officers, directors, key employees. | $39,568 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $910,687 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $157,442 |
| Payroll taxes | $76,188 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $76,581 |
| Fees for services: Accounting | $21,292 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $21,390 |
| Office expenses | $118,386 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $67,841 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $720,625 |
| Insurance | $80,474 |
| All other expenses | $146,060 |
| Total functional expenses | $23,661,716 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,268 |
| Savings and temporary cash investments | $26,103 |
| Pledges and grants receivable | $1,248,244 |
| Accounts receivable, net | $42,880 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,649,033 |
| Prepaid expenses and deferred charges | $38,876 |
| Net Land, buildings, and equipment | $6,052,071 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $718,297 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $830,169 |
| Total assets | $11,766,941 |
| Accounts payable and accrued expenses | $400,926 |
| Grants payable | $0 |
| Deferred revenue | $136,511 |
| 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 | $1,474,109 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,011,546 |
| Net assets without donor restrictions | $8,857,171 |
| Net assets with donor restrictions | $898,224 |
| 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 | $11,766,941 |
Grants Awarded
Over the last fiscal year, Tri State Food Bank Inc has awarded $17,258,112 in support to 122 organizations.
| Grant Recipient | Amount |
|---|---|
Sumner, IL PURPOSE: FEED THE NEEDY | $1,032,003 |
Owensboro, KY PURPOSE: FEED THE NEEDY | $977,277 |
CHRISTIAN FP-HOPKINS PURPOSE: FEED THE NEEDY | $695,423 |
Henderson, KY PURPOSE: FEED THE NEEDY | $597,446 |
Washington, IN PURPOSE: FEED THE NEEDY | $571,688 |
Owensboro, KY PURPOSE: FEED THE NEEDY | $564,833 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Tri State Food Bank Inc has recieved totaling $28,000.
| Awarding Organization | Amount |
|---|---|
Cecil A And Mabel Lene Hamman Foundation Inc Evansville, IN PURPOSE: CAPITAL CAMPAIGN | $25,000 |
Tlgc Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $2,000 |
Gerling Family Foundation Inc Evansville, IN PURPOSE: CAPITAL CAMPAIGN | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dare To Care Inc Louisville, KY | $30,243,323 | $45,399,567 |
Second Harvest Foodbank Of Southern Wisconsin Madison, WI | $26,296,276 | $43,990,829 |
Operation Food Search Inc St Louis, MO | $20,475,685 | $35,729,892 |
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 |
Second Harvest Community Food Bank St Joseph, MO | $4,776,863 | $25,456,301 |
Eastern Illinois Foodbank Urbana, IL | $10,806,668 | $26,487,103 |
Tri State Food Bank Inc Evansville, IN | $11,766,941 | $23,604,678 |
Southeast Missouri Food Bank Sikeston, MO | $15,964,674 | $22,933,570 |
Food Finders Food Bank Inc Lafayette, IN | $11,053,128 | $21,529,365 |
Food Bank Of Northern Indiana South Bend, IN | $8,757,329 | $21,720,968 |
Second Harvest Food Bank Of East Central Indiana Inc Muncie, IN | $6,875,841 | $17,737,769 |