Cafb Of Tx Support Corporation is located in Austin, TX. The organization was established in 2015. According to its NTEE Classification (K11) the organization is classified as: Single Organization Support, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cafb Of TX Support Corporation 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 09/2021, Cafb Of TX Support Corporation generated $277.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (33.0%) each year. All expenses for the organization totaled $963.1k during the year ending 09/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE CENTRAL TEXAS FOOD BANK, INC. (CTFB), PRIMARILY THROUGH THE CONSTRUCTION OF A WAREHOUSE AND OFFICE FACILITY TO BE USED BY CTFB.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF THE CENTRAL TEXAS FOOD BANK, INC. (CTFB), PRIMARILY THROUGH THE CONSTRUCTION OF A WAREHOUSE AND OFFICE FACILITY TO BE USED BY CTFB.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Derrick Chubbs Secretary | OfficerTrustee | 1 | $0 |
Jen Alessandra Chair | Trustee | 1 | $0 |
Stephen Portner Vice Chair | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $277,464 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $277,464 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $277,464 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $675 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $11,226 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $373,322 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $577,074 |
Insurance | $0 |
All other expenses | $767 |
Total functional expenses | $963,064 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,948 |
Savings and temporary cash investments | $0 |
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 | $2,492 |
Net Land, buildings, and equipment | $20,012,893 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $88,242 |
Other assets | $0 |
Total assets | $20,109,575 |
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 | $18,270,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $18,270,000 |
Net assets without donor restrictions | $1,839,575 |
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 | $20,109,575 |
Over the last fiscal year, we have identified 1 grants that Cafb Of Tx Support Corporation has recieved totaling $31.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $31 |
Organization Name | Assets | Revenue |
---|---|---|
Impact Catering Co Oklahoma City, OK | $2,504,216 | $5,368,754 |
Texas Extension Education Foundation Inc College Station, TX | $788,665 | $1,570,483 |
Cafb Of Tx Support Corporation Austin, TX | $20,109,575 | $277,464 |
Tafb Distribution Center Inc Fort Worth, TX | $6,781,520 | $144,000 |
Cactus Cares Foundation Amarillo, TX | $677,053 | $686,819 |
Clements Foods Foundation Oklahoma City, OK | $1,825,974 | $549,847 |
Canstruction Houston Houston, TX | $3,328 | $0 |
West San Marcos Dove Hunt Foundation San Marcos, TX | $5,787 | $0 |
Community Link Properties Saginaw, TX | $1,520,353 | $12,000 |
Central Texas Food Bank Foundation Austin, TX | $3,739,749 | $140,994 |
Tyson Foods Foundation Inc C/O Robin Wages Fayetteville, AR | $0 | $0 |
Regional Food Bank Foundation Oklahoma City, OK | $45,628,260 | $29,840,156 |