Feeding Avery Families
- Assets
- $1.8m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 2
- Location
- Banner Elk, NC
- Founding
- 09/2011
- Data as of
- 12/2022
- EIN
- 45-2302126
Organization Overview
Feeding Avery Families is located in Banner Elk, NC. The organization was established in 2011. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, Feeding Avery Families employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Feeding Avery Families 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, Feeding Avery Families generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 30.7% each year . All expenses for the organization totaled $744.5k during the year ending 12/2022. While expenses have increased by 28.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FOOD AT NO COST TO HUNGRY PEOPLE IN NEED IN AVERY COUNTY, NC AND IMPROVE THEIR HEALTH WHERE POSSIBLE
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING FOOD AT NO COST TO HUNGRY PEOPLE IN NEED IN AVERY COUNTY, NC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Larson Co-Executive Director | Trustee | 40 | $48,137 |
Jo-Ann Mcmurray Co-Executive Director | Trustee | 30 | $52,337 |
Laura Russell President | Officer | 5 | $0 |
Alan Gardner Vice-Chair | Officer | 5 | $0 |
Larry Good Sec / Treasurer | Officer | 10 | $0 |
Rev Michael Mckee Board Member | Trustee | 5 | $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 | $1,238,854 |
| Noncash contributions included in lines 1a–1f | $483,893 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,238,854 |
| Total Program Service Revenue | $0 |
| Investment income | $8,812 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $7,934 |
| Net Income from Fundraising Events | $5,472 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,261,072 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $512,792 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $100,474 |
| Compensation of current officers, directors, key employees. | $10,047 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,200 |
| Payroll taxes | $8,414 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,908 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,409 |
| Fees for services: Other | $0 |
| Advertising and promotion | $125 |
| Office expenses | $2,991 |
| Information technology | $1,607 |
| Royalties | $0 |
| Occupancy | $56,219 |
| Travel | $4,818 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,460 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,010 |
| Insurance | $3,755 |
| All other expenses | $9,424 |
| Total functional expenses | $744,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $442,643 |
| Savings and temporary cash investments | $173,231 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $826,385 |
| Investments—publicly traded securities | $389,398 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,831,657 |
| Accounts payable and accrued expenses | $22,717 |
| 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 | $221,814 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $244,531 |
| Net assets without donor restrictions | $1,537,068 |
| Net assets with donor restrictions | $50,058 |
| 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 | $1,831,657 |