Foodbank Of Southeastern Virginia
- Assets
- $24.8m
- Revenue
- $46.1m
- Investments
- $0.0
- Employees
- 87
- Location
- Norfolk, VA
- Founding
- 08/1981
- Data as of
- 06/2023
- 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 06/2023, Foodbank Of Southeastern Virginia employed 87 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 06/2023, Foodbank Of Southeastern Virginia generated $46.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $45.5m during the year ending 06/2023. While expenses have increased by 4.7% 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.
Since 2021, Foodbank Of Southeastern Virginia has awarded 19 individual grants totaling $1,030,527. 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
2023
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 FY23, THE NORFOLK WAREHOUSE AND OUR PARTNER AGENCIES PROVIDED OVER 19,771,339 POUNDS OF FOOD AND GROCERY PRODUCTS (EQUIVALENT TO 16,476,116 MEALS) TO MORE THAN 1,091,728 INDIVIDUALS IN THE CITIES OF CHESAPEAKE, FRANKLIN, NORFOLK, PORTSMOUTH, SUFFOLK, VIRGINIA BEACH AND THE COUNTIES OF ISLE OF WIGHT, SOUTHAMPTON AND SUSSEX.
DURING FY23, THE EASTERN SHORE FOOD DISTRIBUTION BRANCH AND OUR PARTNER AGENCIES PROVIDED OVER 1,348,281 POUNDS OF FOOD AND GROCERY PRODUCTS (EQUIVALENT TO 1,123,568 MEALS) TO MORE THAN 66,816 INDIVIDUALS ON VIRGINIA'S EASTERN SHORE.
DURING FY23, OUR KIDS CAFE SITES SERVED 39,164 NUTRITIONALLY BALANCED MEALS AND SNACKS AT OUR 19 SUMMER FEEDING SITES AND 66,951 NUTRITIONALLY BALANCED MEALS AND SNACKS AT OUR 6 AFTER SCHOOL FEEDING SITES THROUGHOUT SOUTHEASTERN VIRGINIA AND ON VIRGINIA'S EASTERN SHORE. DURING FY 23, OUR 64 BACKPACK SCHOOLS DISTRIBUTED 68,870 BAGS OF NUTRITIOUS FOOD TO APPROXIMATELY 4,000 FOOD INSECURE CHILDREN BEFORE WEEKENDS AND SCHOOL BREAKS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darius Davenport Chair | OfficerTrustee | 1 | $0 |
Kevin X Jones Vice Chair | OfficerTrustee | 1 | $0 |
Martha Ambler Treasurer | OfficerTrustee | 1 | $0 |
James Shaeffer Secretary | OfficerTrustee | 1 | $0 |
Reynatta Banks Board Member | Trustee | 1 | $0 |
Don Carey III Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Spacemakers Inc Construction | 6/29/23 | $1,574,754 |
Rkd Group Llc Donor Solicitation | 6/29/23 | $575,376 |
Master Contractors Of Va Inc Construction | 6/29/23 | $231,712 |
The Curtis Group Fundraising Consultant | 6/29/23 | $168,005 |
True Sense Marketing Donor Solicitation | 6/29/23 | $166,150 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $250,148 |
| Membership dues | $0 |
| Fundraising events | $1,137,780 |
| Related organizations | $0 |
| Government grants | $4,330,873 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,637,255 |
| Noncash contributions included in lines 1a–1f | $30,311,668 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,356,056 |
| Total Program Service Revenue | $299,787 |
| Investment income | $343,663 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,365 |
| Net Income from Fundraising Events | -$32,725 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $115,626 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $46,085,772 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $38,712 |
| Grants and other assistance to domestic individuals. | $30,510,758 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $292,889 |
| Compensation of current officers, directors, key employees. | $175,177 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,856,700 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $601,002 |
| Payroll taxes | $312,556 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $7,466 |
| Fees for services: Fundraising | $154,015 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $513,720 |
| Advertising and promotion | $10,800 |
| Office expenses | $274,770 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $381,385 |
| Travel | $9,313 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,488 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $796,705 |
| Insurance | $134,310 |
| All other expenses | $408,977 |
| Total functional expenses | $45,537,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,285,110 |
| Savings and temporary cash investments | $3,792,548 |
| Pledges and grants receivable | $1,474,090 |
| Accounts receivable, net | $1,164 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,265,948 |
| Prepaid expenses and deferred charges | $232,156 |
| Net Land, buildings, and equipment | $7,669,340 |
| Investments—publicly traded securities | $8,115,758 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $24,836,114 |
| Accounts payable and accrued expenses | $1,047,830 |
| 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 | $1,047,830 |
| Net assets without donor restrictions | $21,353,199 |
| Net assets with donor restrictions | $2,435,085 |
| 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 | $24,836,114 |
Grants Awarded
Over the last fiscal year, Foodbank Of Southeastern Virginia has awarded $38,712 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SOLID ROCK WORLDWIDE OUTREACH MINISTRIES PURPOSE: PANTRY RENOVATION | $6,000 |
BOYS & GIRLS CLUBS OF SOUTHEAST VIRGINIA PURPOSE: KIDS CAFE' SETUP | $32,712 |