Food Bank Of Lincoln Inc
- Assets
- $18.7m
- Revenue
- $18.5m
- Investments
- $0.0
- Employees
- 45
- Location
- Lincoln, NE
- Founding
- 03/1982
- Data as of
- 06/2023
- EIN
- 47-0640293
Organization Overview
Food Bank Of Lincoln Inc is located in Lincoln, NE. The organization was established in 1982. 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 06/2023, Food Bank Of Lincoln Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Bank Of Lincoln 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 06/2023, Food Bank Of Lincoln Inc generated $18.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $18.6m during the year ending 06/2023. While expenses have increased by 1.0% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ALLEVIATE HUNGER IN SOUTHEAST NEBRASKA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOOD BANK OPERATIONS DEPARTMENT DISTRIBUTES FOOD THROUGH ITS 56 NON-PROFIT PARTNERS IN SOUTHEAST NEBRASKA AND MOBILE PANTRY DISTRIBUTIONS. THE DEPARTMENT IS CHARGED WITH THE SAFE DELIVERY OF FOOD TO AROUND 28,000 - 34,000 HOUSEHOLDS A MONTH.MOBILE PANTRY DISTRIBUTIONS OCCUR AN AVERAGE OF 40 TIMES WITHIN A MONTH IN LINCOLN AND 15 RURAL COUNTIES.
THE BRIDGES OUT OF POVERTY TRAINING PROVIDES EDUCATIONAL OPPORTUNITIES TO EXPLORE THE PERVASIVENESS OF POVERTY AND OFFERS A COMMON LANGUAGE TO IMPROVE OUR WORK IN THE COMMUNITY. THESE TRAININGS ARE FREETO COMMUNITY GROUPS, INDIVIDUALS, EMPLOYERS, AND DONORS TO PROVIDE A DEEPER UNDERSTANDING OF POVERTY USING LANGUAGE, LIVED EXPERIENCE, AND MEANINGFUL DISCUSSIONS. THE INITIATIVE ALSO WORKS WITH INDIVIDUALS WHO LIVE IN OR NEARPOVERTY THROUGH A WORKSHOP CALLED GETTING AHEAD IN A JUST-GETTIN' BY WORLD TO HELP INDIVIDUALS EMPOWER THEMSELVES BY BUILDING A FUTURE STORY THAT WILL ULTIMATELY SERVE TO STRENGTHEN OUR COMMUNITY.
THE FOOD BANK OF LINCOLN'S CHILD HUNGER PROGRAMS PARTER WITH 115 SCHOOLS IN A 16-COUNTY AREA TO DISTRIBUTE FOOD THROUGH SCHOOL FOOD MARKET,SCHOOL PANTRY, AND BACKPACK PROGRAMS. THE ORGANIZATION ALSO OPERATES A SUMMER FOOD SERVICE PROGRAM, WHICH PROVIDES HEALTHY MEALS TO CHILDREN AND TEENS IN LOW-INCOME AREAS DURING SUMMER MONTHS WHEN SCHOOL IS NOT IN SESSION. COMBINED, IT IS ESTIMATED THAT THE CHILD HUNGER PROGRAMS SERVICED 13,625 TOTAL HOUSEHOLDS DURING THE YEAR ENDED JUNE 30, 2023.
THE FOOD BANK HAS TW0 FULL-TIME SNAP OUTREACH EMPLOYEES WHO PROVIDE SNAP ASSISTANCE IN THE FOOD BANK'S SIXTEEN COUNTY SERVICE AREA. THE SNAP OUTREACH TEAM CONNECTS PEOPLE TO AN ESTIMATED 1 MILLION MEALS ANNUALLY THROUGH SNAP OUTREACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paula Hodges President | OfficerTrustee | 1 | $0 |
Mariana Hunt Director | Trustee | 1 | $0 |
Michelle Sitorius Vice Presdient | OfficerTrustee | 1 | $0 |
Ron Jester Treasurer | OfficerTrustee | 1 | $0 |
Drvann Price Secretary | OfficerTrustee | 1 | $0 |
Jason Muhleisen Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $128,832 |
| Related organizations | $0 |
| Government grants | $4,677,607 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,381,816 |
| Noncash contributions included in lines 1a–1f | $9,366,799 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,188,255 |
| Total Program Service Revenue | $101,532 |
| Investment income | $180,724 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,927 |
| Net Income from Fundraising Events | -$10,587 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,471,251 |
| 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. | $251,989 |
| Compensation of current officers, directors, key employees. | $115,915 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,487,542 |
| Pension plan accruals and contributions | $51,437 |
| Other employee benefits | $243,147 |
| Payroll taxes | $126,393 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $23,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $269,310 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,330 |
| Advertising and promotion | $114,478 |
| Office expenses | $220,832 |
| Information technology | $94,610 |
| Royalties | $0 |
| Occupancy | $245,828 |
| Travel | $268,621 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,968 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $499,528 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $18,615,636 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,831 |
| Savings and temporary cash investments | $5,467,649 |
| Pledges and grants receivable | $1,452,200 |
| Accounts receivable, net | $52,346 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,160,203 |
| Prepaid expenses and deferred charges | $82,517 |
| Net Land, buildings, and equipment | $10,518,800 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,749,546 |
| Accounts payable and accrued expenses | $320,593 |
| 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 | $320,593 |
| Net assets without donor restrictions | $17,254,789 |
| Net assets with donor restrictions | $1,174,164 |
| 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 | $18,749,546 |