Backpack Beginnings
- Assets
- $3.3m
- Revenue
- $2.5m
- Investments
- $12.2k
- Employees
- 2
- Location
- Greensboro, NC
- Founding
- 02/2013
- Data as of
- 06/2022
- EIN
- 46-1251223
Organization Overview
Backpack Beginnings is located in Greensboro, NC. The organization was established in 2013. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2022, Backpack Beginnings employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Backpack Beginnings 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, Backpack Beginnings generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.0% each year . All expenses for the organization totaled $1.2m during the year ending 06/2022. While expenses have increased by 14.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
BACKPACK BEGINNINGS' MISSION IS TO DELIVER CHILD-CENTRIC SERVICES TO FEED, COMFORT, AND CLOTHE CHILDREN IN NEED. BY ENSURING FOOD AND BASIC NECESSITIES ARE GIVEN DIRECTLY TO CHILDREN IN NEED, WE MAKE A POSITIVE AND LASTING IMPACT ON THEIR HEALTH AND WELL-BEING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ACCOMPLISH BACKPACK BEGINNINGS' MISSION, BACKPACK BEGINNINGS DISTRIBUTES FOOD, CLOTHING AND COMFORT ITEMS TO CHILDREN THROUGH PARTNER AGENCY DISTRIBUTIONS AND ALSO THROUGH DIRECT CLIENT DISTRIBUTIONS. THE OBJECTIVE OF OUR FOOD PROGRAMS ARE TO FIGHT CHILDHOOD HUNGER. OUR PROGRAM REDUCES THE NEGATIVE IMPACTS OF HUNGER SO CHILDREN ARE READY TO LEARN IN SCHOOL AND SUCCEED IN LIFE. WE DISTRIBUTE OUR COMFORT BACKPACKS, OFFER CARE, COMFORT AND BASIC NECESSITIES TO CHILDREN EXPERIENCING TRAUMATIC SITUATIONS. WE PROVIDE BACKPACKS FULL OF COMFORT ITEMS SUCH AS BLANKETS, STUFFED ANIMALS, BOOKS, HYGIENE PRODUCTS, SCHOOL SUPPLIES AND MORE TO ABUSED/NEGLECTED, HOMELESS, FOSTER, AND REFUGEE CHILDREN. THE CLOTHING PROGRAM WAS OPENED IN RESPONSE TO ONGOING REQUESTS FROM SOCIAL WORKERS IN NEED OF APPROPRIATE CLOTHING FOR THE CHILDREN THEY SERVE. IN 2022, MORE THAN 381,000 POUNDS OF FOOD WAS DISTRIBUTED; APPROXIMATELY 20,100 ITEMS OF CLOTHING WERE DISTRIBUTED; APPROXIMATELY 45,000 COMFORT ITEMS (HYGIENE AND BOOKS) WERE DISTRIBUTED; APPROXIMATELY 320,000 DIAPERS WERE DISTRIBUTED. BACKPACK BEGINNINGS SERVED MORE THAN 21,000 CHILDREN IN FISCAL YEAR 2022. IN ADDITION, DURING 2022, THE ORGANIZATION IMPLEMENTED AN EXPANSION CAMPAIGN TO SUPPORTS ITS CONTINUED GROWTH IN REACHING MORE PEOPLE AND ESTABLISHED A FAMILY MARKET. THIS CAMPAIGN IS DESIGNED TO SUPPLEMENT LONG-TERM EXPANSION OVER 5 YEARS AND CONSEQUENTLY, 2022 REVENUES ARE HIGHER THAN NORMAL.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Parker White Executive Director/president | OfficerTrustee | 45 | $0 |
Allison Cochran Secretary | OfficerTrustee | 5 | $0 |
Cedric Parker Director | Trustee | 2 | $0 |
Terry Jones Director | Trustee | 2 | $0 |
Jennifer Van Zant Director | Trustee | 2 | $0 |
Gregg Sloan Director | Trustee | 2 | $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 | $2,471,157 |
| Noncash contributions included in lines 1a–1f | $900,988 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,471,157 |
| Total Program Service Revenue | $0 |
| Investment income | $14,861 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,500 |
| Net Gain/Loss on Asset Sales | -$8,269 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,502,339 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $119,560 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,233 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,071 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $640 |
| Office expenses | $2,402 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $87,584 |
| 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 | $28,692 |
| Insurance | $6,253 |
| All other expenses | $123,896 |
| Total functional expenses | $1,210,007 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,268,944 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $414,789 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $530,944 |
| Prepaid expenses and deferred charges | $10,583 |
| Net Land, buildings, and equipment | $462,585 |
| Investments—publicly traded securities | $551,089 |
| Investments—other securities | $12,218 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,251,152 |
| Accounts payable and accrued expenses | $8,537 |
| 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 | $19,430 |
| Total liabilities | $27,967 |
| Net assets without donor restrictions | $2,629,817 |
| Net assets with donor restrictions | $593,368 |
| 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 | $3,251,152 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Backpack Beginnings has recieved totaling $3,250.
| Awarding Organization | Amount |
|---|---|
Douglas And Marianne Dickerson Foundation Virginia Beach, VA PURPOSE: TO SUPPORT RECIPIENT'S TAX EXEMPT PROGRAM | $3,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Economic Improvement Council Inc Edenton, NC | $4,246,156 | $20,948,013 |
Frontstream Global Fund Alexandria, VA | $871,140 | $19,414,740 |
Catholic Charities Of Tennessee Inc Nashville, TN | $6,708,389 | $19,282,106 |
Country Club Of Landfall Wilmington, NC | $36,040,032 | $19,318,350 |
Miracle Hill Ministries Inc Greenville, SC | $35,712,614 | $22,314,976 |
Pee Dee Community Action Agency Florence, SC | $4,501,947 | $18,161,366 |
Commonwealth Catholic Charities Richmond, VA | $9,806,748 | $17,802,660 |
Action Pathways Inc Fayetteville, NC | $19,024,818 | $19,740,388 |
Southeast Tennessee Human Resource Agency Dunlap, TN | $24,351,699 | $17,068,562 |
Western Carolina Community Action Inc Hendersonville, NC | $8,009,014 | $16,309,816 |
Highland School Inc Warrenton, VA | $41,730,791 | $16,433,775 |
Mid-Cumberland Community Action Agency Inc Mount Juliet, TN | $5,482,077 | $16,120,135 |