Two Harbors Area Food Shelf
- Assets
- $260.2k
- Revenue
- $215.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Two Harbors, MN
- Founding
- 10/2014
- Data as of
- 12/2022
- EIN
- 47-1321541
Organization Overview
Two Harbors Area Food Shelf is located in Two Harbors, MN. The organization was established in 2014. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Two Harbors Area Food Shelf 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, Two Harbors Area Food Shelf generated $215.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $190.6k during the year ending 12/2022. While expenses have increased by 7.8% 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
REDUCE HUNGER AND IMPROVE THE HEALTH OF PEOPLE IN NEED BY PROVIDING FOOD AND OTHER RESOURCES AT NO COST
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TWO HARBORS AREA FOOD SHELF (THAFS) HAS BEEN SERVING THE TWO HARBORS AREA IN RURAL LAKE COUNTY MN (AS WELL AS SURROUNDING COUNTIES OF ST. LOUIS AND COOK) SINCE 1982, BECOMING OUR OWN 501(C )(3) NONPROFIT EFFECTIVE JANUARY 1, 2015. OUR PRIMARY DISTRIBUTION IS ON TUESDAYS FROM 10:00 AM TO 3:45 PM AND WE ALSO HAVE ANOTHER DISTRIBUTION THE 2ND THURSDAY OF EACH MONTH FROM 3:00 PM - 6:00 PM. IN 2022, WE SERVED OVER 146,000 POUNDS OF PERISHABLE AND NON-PERISHABLE ITEMS THROUGHOUT 1,700 TOTAL VISITS FROM 383 UNIQUE ARE HOUSEHOLDS (925 UNIQUE INDIVIDUALS.) OUR PROGRAM SAW A 45% INCREASE IN DEMAND FOR OUR SERVICES IN 2022 COMPARED TO 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cecile Sogge Board Chair | OfficerTrustee | 2 | $0 |
Tanner Paulseth Board Member | OfficerTrustee | 2 | $0 |
Jennifer J Hansen Treasurer | OfficerTrustee | 2 | $0 |
Joan Rheineck Board Member | OfficerTrustee | 2 | $0 |
Mary Dailey Secretary | Trustee | 2 | $0 |
Debra Mcdonald Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $8,015 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $7,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $200,085 |
| Noncash contributions included in lines 1a–1f | $48,352 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $215,600 |
| Total Program Service Revenue | $0 |
| Investment income | $151 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $215,751 |
| 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. | $62,000 |
| Compensation of current officers, directors, key employees. | $4,340 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,650 |
| Payroll taxes | $4,834 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $694 |
| Office expenses | $2,016 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,321 |
| 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 | $1,036 |
| Insurance | $2,786 |
| All other expenses | $92,881 |
| Total functional expenses | $190,567 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,338 |
| Savings and temporary cash investments | $189,969 |
| 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 | $934 |
| Net Land, buildings, and equipment | $923 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $260,164 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $260,164 |
| Net assets with donor restrictions | $0 |
| 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 | $260,164 |