Southeast Missouri Food Bank
- Assets
- $17.4m
- Revenue
- $24.1m
- Investments
- $0.0
- Employees
- 33
- Location
- Sikeston, MO
- Founding
- 05/1986
- Data as of
- 12/2022
- EIN
- 43-1395863
Organization Overview
Southeast Missouri Food Bank is located in Sikeston, MO. The organization was established in 1986. 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 12/2022, Southeast Missouri Food Bank employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeast Missouri 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 12/2022, Southeast Missouri Food Bank generated $24.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $21.6m during the year ending 12/2022. While expenses have increased by 7.2% per year over the past 8 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, Southeast Missouri Food Bank has awarded 1,156 individual grants totaling $102,988,726. 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
THE MISSION OF THE SOUTHEAST MISSOURI FOOD BANK IS TO PROMOTE FOOD RECOVERY; ACQUIRE AND DISTRIBUTE FOOD AND HOUSEHOLD PRODUCTS; AND PROVIDE COMMUNITY LEADERSHIP AND EDUCATION ON ISSUES OF HUNGER AND POVERTY IN AN EFFORT TO ALLEVIATE HUNGER IN THE REGION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO DISTRIBUTE FOOD TO TAX-EXEMPT NONPROFIT ORGANIZATIONS THAT GIVE FOOD TO NEEDY FAMILIES. APPROXIMATELY 80,000 PEOPLE PER MONTH ARE SERVICED BY THIS ORGANIZATION.
TO DISTRIBUTE TAX-EXEMPT NONPROFIT ORGANIZATIONS THAT GIVE FOOD TO NEEDY FAMILIES. APPROXIMATELY 90,000 PEOPLE PER MONTH ARE SERVICED BY THIS ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Keys President | Officer | 40 | $119,335 |
Mark Avery Member | Trustee | $0 | |
James Buddy Barger Member | Trustee | $0 | |
Christopher Conroy Member | Trustee | $0 | |
Brian Crowe Member | Trustee | $0 | |
Juliana Ford Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,428,295 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,816,640 |
| Noncash contributions included in lines 1a–1f | $18,298,620 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,244,935 |
| Total Program Service Revenue | $584,795 |
| Investment income | $110,980 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $69,928 |
| Net Income from Fundraising Events | $26,452 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,149,310 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,437,144 |
| Grants and other assistance to domestic individuals. | $3,661,719 |
| 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 | $1,101,705 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $170,167 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,239 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $85,505 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $570,488 |
| Advertising and promotion | $22,744 |
| Office expenses | $38,595 |
| Information technology | $25,369 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $14,096 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,747 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $263,576 |
| Insurance | $0 |
| All other expenses | $195,076 |
| Total functional expenses | $21,619,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,459,500 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $102,694 |
| Accounts receivable, net | $601,424 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,025,829 |
| Prepaid expenses and deferred charges | $21,219 |
| Net Land, buildings, and equipment | $3,957,718 |
| Investments—publicly traded securities | $6,247,208 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,150 |
| Total assets | $17,416,742 |
| Accounts payable and accrued expenses | $110,850 |
| 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 | $110,850 |
| Net assets without donor restrictions | $15,904,081 |
| Net assets with donor restrictions | $1,401,811 |
| 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 | $17,416,742 |
Grants Awarded
Over the last fiscal year, Southeast Missouri Food Bank has awarded $15,396,139 in support to 152 organizations.
| Grant Recipient | Amount |
|---|---|
ADULT & TEEN CHALLENGE CAPE | | | $58,770 |
ADVANCE UNITED METHODIST CHURCH | | | $30,596 |
AGAPE HELP CENTER | | | $263,892 |
ANIMAL WELARE ALLIANCE OFSOUTHEAST MISSOURI | | | $13,951 |
ASSOC FOR PERSONS W DISABILIT | | | $6,277 |
AMEN CENTER | | | $51,845 |