Plenty Inc

Organization Overview

Plenty Inc is located in Floyd, VA. The organization was established in 2015. 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, Plenty Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Plenty 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 12/2022, Plenty Inc generated $735.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $669.9k during the year ending 12/2022. While expenses have increased by 28.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO NOURISH COMMUNITY AND FEED HUNGRY NEIGHBORS BY GROWING AND SHARING FOOD IN FLOYD COUNTY, VIRGINIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PLENTY! IS BUILDING COMMUNITY AND PROVIDING FOOD TO HUNGRY PEOPLE THROUGH THE OPERATION OF A LOCAL FOOD BANK AND LOCAL FOOD DELIVERY. THE ORGANIZATION ALSO PROVIDES FREE COMMUNITY MEALS. THE ORGANIZATION OPERATES A FARM USED AS AN EDUCATIONAL OPPORTUNITY FOR LOCAL SCHOOLS. THE ORGANIZATION MAINTAINS A PRESCHOOL PRODUCE PROGRAM THROUGH WHICH LOCAL FAMILIES CAN RECEIVE A BACKPACK OF PRODUCE EACH WEEK DURING THE FALL MONTHS.


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Board, Officers & Key Employees

Name (title)Compensation
Nancy Tome
Executive Director
$45,000
Tom Schaefer
Treasurer
$0
Ken Presser
Vice President
$0
Diane Allison
Secretary
$0
Leslie Slusher
President
$0
Lydeana Martin
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$23,775
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$712,922
Noncash contributions included in lines 1a–1f $444,825
Total Revenue from Contributions, Gifts, Grants & Similar$736,697
Total Program Service Revenue$0
Investment income $4
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$1,537
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $735,324

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Plenty Inc has recieved totaling $47,923.

Awarding OrganizationAmount
Mightycause Charitable Foundation

Marianna, FL

PURPOSE: UNRESTRICTED

$31,482
Jewish Communal Fund

New York, NY

PURPOSE: GENERAL SUPPORT

$16,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$402
Mckesson Foundation

Dallas, TX

PURPOSE: CHARITABLE

$39
View Grant Recipient Profile

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