Foodbank Of Southeastern Virginia
- Assets
- $23.4m
- Revenue
- $36.2m
- Investments
- $0.0
- Employees
- 80
- Location
- Norfolk, VA
- Founding
- 08/1981
- Data as of
- 06/2022
- EIN
- 52-1219783
Organization Overview
Foodbank Of Southeastern Virginia is located in Norfolk, VA. The organization was established in 1981. 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 06/2022, Foodbank Of Southeastern Virginia employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foodbank Of Southeastern Virginia 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, Foodbank Of Southeastern Virginia generated $36.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $37.7m during the year ending 06/2022. While expenses have increased by 2.5% 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.
Since 2021, Foodbank Of Southeastern Virginia has awarded 17 individual grants totaling $991,815. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
LEADING THE EFFORT TO ELIMINATE HUNGER IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING FY22, THE NORFOLK WAREHOUSE AND OUR PARTNER AGENCIES PROVIDED OVER 15,201,728 POUNDS OF FOOD AND GROCERY PRODUCTS (EQUIVALENT TO 12,668,106 MEALS) TO MORE THAN 800,000 INDIVIDUALS IN THE CITIES OF CHESAPEAKE, FRANKLIN, NORFOLK, PORTSMOUTH, SUFFOLK, VIRGINIA BEACH AND THE COUNTIES OF ISLE OF WIGHT, SOUTHAMPTON AND SUSSEX. ALSO, DURING FY22, THE FOODBANK LAUNCHED ITS FOURTH FOOD HUB IN THE CITY OF NORFOLK. THE COMMUNITY FEED AT JORDAN NEWBY HELD ITS FIRST COMMUNITY DISTRIBUTION ON TUESDAY, SEPTEMBER 7, 2021. DURING ITS FIRST YEAR OF OPERATION, THE SITE PROVIDED 200,462 POUNDS (EQUIVALENT TO 167,051 MEALS) TO 9,733 UNDUPLICATED HOUSEHOLDS. THE SITE ALSO HOSTED VARIOUS COMMUNITY EVENTS FOR OUR NEIGHBORS. EVENTS INCLUDED HEALTHY COOKING DEMONSTRATIONS, NUTRITION EDUCATION SESSIONS, HIV TESTING, COVID VACCINATIONS, AND TUTORING.
DURING FY22, THE EASTERN SHORE FOOD DISTRIBUTION BRANCH AND OUR PARTNER AGENCIES PROVIDED OVER 1,985,685 POUNDS OF FOOD AND GROCERY PRODUCTS (EQUIVALENT TO 1,654,738 MEALS) TO MORE THAN 80,054 INDIVIDUALS ON VIRGINIA'S EASTERN SHORE.
DURING FY22, OUR KIDS CAFE SITES SERVED 37,579 NUTRITIONALLY BALANCED MEALS AND SNACKS AT OUR 17 SUMMER FEEDING SITES AND 69,528 NUTRITIONALLY BALANCED MEALS AND SNACKS AT OUR 11 AFTER SCHOOL FEEDING SITES THROUGHOUT SOUTHEASTERN VIRGINIA AND ON VIRGINIA'S EASTERN SHORE. DURING FY 22, OUR 66 BACKPACK SCHOOLS DISTRIBUTED 67,472 BAGS OF NUTRITIOUS FOOD TO ALMOST 3,700 FOOD INSECURE CHILDREN BEFORE WEEKENDS AND SCHOOL BREAKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ruth Jones Nichols CEO - Ending October 2021 | Officer | 40 | $159,777 |
Robert Latvis COO | 40 | $123,563 | |
Emma Inman Cio | 40 | $116,158 | |
Dean Wooten Director Of Finance | Officer | 40 | $89,393 |
Darius Davenport Chair | OfficerTrustee | 1 | $0 |
Martha Ambler Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rkd Group Llc Donor Solicitation | 6/29/22 | $412,393 |
Spacemakers Inc Construction | 6/29/22 | $422,782 |
Master Contractors Of Va Inc Construction | 6/29/22 | $137,853 |
Eastern Data Inc It Services | 6/29/22 | $122,353 |
The Kbd Group Llc Pr Services | 6/29/22 | $111,756 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $173,649 |
| Membership dues | $0 |
| Fundraising events | $1,002,047 |
| Related organizations | $0 |
| Government grants | $3,352,259 |
| All other contributions, gifts, grants, and similar amounts not included above | $31,202,833 |
| Noncash contributions included in lines 1a–1f | $23,328,665 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,730,788 |
| Total Program Service Revenue | $395,700 |
| Investment income | $95,290 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $28,370 |
| Net Gain/Loss on Asset Sales | $17,000 |
| Net Income from Fundraising Events | -$24,625 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $6,444 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $36,248,967 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $165,988 |
| Grants and other assistance to domestic individuals. | $24,689,110 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $207,221 |
| Compensation of current officers, directors, key employees. | $123,121 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,229,880 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $476,927 |
| Payroll taxes | $252,576 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $23,110 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $554,481 |
| Advertising and promotion | $23,598 |
| Office expenses | $297,442 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $265,069 |
| Travel | $10,288 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,984 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $681,736 |
| Insurance | $112,345 |
| All other expenses | $397,427 |
| Total functional expenses | $37,660,834 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,587,429 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $661,208 |
| Accounts receivable, net | $898 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,419,148 |
| Prepaid expenses and deferred charges | $291,937 |
| Net Land, buildings, and equipment | $7,042,569 |
| Investments—publicly traded securities | $7,369,191 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,372,380 |
| Accounts payable and accrued expenses | $474,577 |
| 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 | $37,424 |
| Total liabilities | $512,001 |
| Net assets without donor restrictions | $21,950,604 |
| Net assets with donor restrictions | $909,775 |
| 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 | $23,372,380 |
Grants Awarded
Over the last fiscal year, Foodbank Of Southeastern Virginia has awarded $165,988 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
THE GATHERING AT SCOTT MEMORIAL UNITED METHODIST CHURCH PURPOSE: CAPACITY BUILDING | $51,083 |
Chincoteague Island, VA PURPOSE: CAPACITY BUILDING | $51,083 |
OASIS SOCIAL MINISTRIES PURPOSE: CAPACITY BUILDING | $14,183 |
Chincoteague Island, VA PURPOSE: CAPACITY BUILDING | $14,182 |
Virginia Beach, VA PURPOSE: CAPACITY BUILDING | $13,773 |
PEACEFUL VILLAGE PURPOSE: CAPACITY BUILDING | $8,980 |
Grants Recieved
Over the last fiscal year, we have identified 29 grants that Foodbank Of Southeastern Virginia has recieved totaling $13,715.
| Awarding Organization | Amount |
|---|---|
The Society Of Saint Andrew Inc Big Island, VA PURPOSE: TO PROVIDE NOURISHMENT TO HUNGRY NEIGHBORS | $9,969 |
Townsend Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,000 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $500 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $250 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $250 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $250 |
Endowment Analysis
| Beg. Balance | $7,465,187 |
| Earnings | -$1,169,466 |
| Ending Balance | $6,295,721 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid-South Food Bank Memphis, TN | $44,109,838 | $120,096,219 |
Maryland Food Bank Inc Baltimore, MD | $64,631,559 | $77,965,271 |
Feed More Inc Richmond, VA | $45,221,610 | $83,224,269 |
Second Harvest Food Bank Of Northwest North Carolina Inc Winston Salem, NC | $40,643,437 | $84,978,237 |
Gods Pantry Food Bank Inc Lexington, KY | $29,295,834 | $63,304,764 |
Blue Ridge Area Food Bank Inc Verona, VA | $30,715,187 | $59,706,112 |
Dare To Care Inc Louisville, KY | $30,243,323 | $45,399,567 |
Feeding America Southwest Virginia Salem, VA | $17,067,057 | $39,793,171 |
Second Harvest Food Bank Of East Tennessee Maryville, TN | $28,785,775 | $40,115,958 |
Mountaineer Food Bank Inc Gassaway, WV | $18,523,682 | $37,219,873 |
Foodbank Of Southeastern Virginia Norfolk, VA | $23,372,380 | $36,248,967 |
Chattanooga Area Food Bank Inc Chattanooga, TN | $13,005,178 | $40,483,306 |