Polo Lifeline Food And Self Help Project
- Assets
- $73.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Polo, IL
- Founding
- 10/2003
- Data as of
- 12/2023
- EIN
- 36-3266881
Organization Overview
Polo Lifeline Food And Self Help Project is located in Polo, IL. The organization was established in 2003. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Polo Lifeline Food And Self Help Project 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, Polo Lifeline Food And Self Help Project generated $67.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $75.0k during the year ending 12/2023. While expenses have increased by 3.1% per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
WE ARE A FOOD PANTRY PROVIDING FOOD FOR THOSE IN NEED. WE ARE OPEN EVERY TUESDAY AND SATURDAY FROM 9AM UNTIL 11:30AM. IN 2023 WE SERVED 1045 FAMILIES WHICH REPRESENTS 3348 PEOPLE OF WHICH 1151 ARE 18 OR YOUNGER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Wragg President | 5 | $0 | |
Donna Hayes Secretary | 2 | $0 | |
Darlene Shafer Treasurer | 8 | $0 | |
Karen Schmidt Director | 5 | $0 | |
David Poole Director | 10 | $0 | |
Tereesa Pearson Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,178 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $408 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,586 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $14,728 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,222 |
| Total expenses | $74,950 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,794 |
| Other assets | $0 |
| Total assets | $73,794 |
| Total liabilities | $0 |
| Net assets or fund balances | $73,794 |