Second Harvest Food Bank Of East Tennessee
- Assets
- $30.2m
- Revenue
- $40.9m
- Investments
- $0.0
- Employees
- 63
- Location
- Maryville, TN
- Founding
- 11/1981
- Data as of
- 06/2023
- EIN
- 58-1450139
Organization Overview
Second Harvest Food Bank Of East Tennessee is located in Maryville, TN. 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, Second Harvest Food Bank Of East Tennessee employed 63 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Second Harvest Food Bank Of East Tennessee 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, Second Harvest Food Bank Of East Tennessee generated $40.9m 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 $41.1m during the year ending 06/2023. While expenses have increased by 4.6% 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
ASSESS AND ADDRESS THE NUTRITIONAL NEEDS OF ALL PEOPLE EXPERIENCING HUNGER IN OUR 18 COUNTY EAST TENNESSEE SERVICE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SECOND HARVEST FOOD BANK SERVES CLIENTS THROUGH MOBILE DISTRIBUTIONS WHEN LOCAL COMMUNITY LACKS INFRASTRUCTURE. THE FOOD FOR KIDS PROGRAM SERVES STUDENTS WEEKLY TO SUPPLEMENT FOOD OVER THE WEEKENDS. THE FOOD RESCUE PROGRAM REDUCES FOOD WASTE BY RESCUING FOOD FROM GROCERS, RESTAURANTS, AND FARMERS TO REROUTE IT FROM LANDFILLS TO PARTNER AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patrick Birmingham Vice President | OfficerTrustee | 1 | $0 |
Benjamin Ridder Board Member | Trustee | 1 | $0 |
Lori Hickok Secretary/treasurer | OfficerTrustee | 1 | $0 |
David Keim Board Member | Trustee | 1 | $0 |
Tim Mclemore Board Member | Trustee | 1 | $0 |
Jacob Ogle President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $414,378 |
| Membership dues | $0 |
| Fundraising events | $123,300 |
| Related organizations | $0 |
| Government grants | $1,982,788 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,249,813 |
| Noncash contributions included in lines 1a–1f | $25,608,049 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,770,279 |
| Total Program Service Revenue | $3,690,168 |
| Investment income | $518,265 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$740 |
| Net Income from Fundraising Events | -$42,314 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,937,339 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $455,582 |
| 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. | $178,546 |
| Compensation of current officers, directors, key employees. | $53,564 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,753,158 |
| Pension plan accruals and contributions | $66,618 |
| Other employee benefits | $449,600 |
| Payroll taxes | $207,007 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $240,974 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $98,314 |
| Advertising and promotion | $0 |
| Office expenses | $39,738 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $101,713 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $51,200 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $420,899 |
| Insurance | $136,971 |
| All other expenses | $459,053 |
| Total functional expenses | $41,108,447 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $807,350 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $777,968 |
| Accounts receivable, net | $332,850 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,740,245 |
| Prepaid expenses and deferred charges | $125,914 |
| Net Land, buildings, and equipment | $6,352,186 |
| Investments—publicly traded securities | $20,055,672 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,519 |
| Total assets | $30,197,704 |
| Accounts payable and accrued expenses | $816,860 |
| 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 | $816,860 |
| Net assets without donor restrictions | $28,515,292 |
| Net assets with donor restrictions | $865,552 |
| 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 | $30,197,704 |
Grants Awarded
Over the last fiscal year, Second Harvest Food Bank Of East Tennessee has awarded $128,411 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CLAIBORNE HUNGER MINISTRIES PURPOSE: FOR THE OPERATION OF A FOOD PANTRY. | $6,000 |
COMPASSION MINISTRIES INC PURPOSE: FOR THE OPERATION OF MOBILE FOOD PANTRIES IN INSECURE AREAS. | $14,611 |
SEVIERVILLE COUNTY FOOD MINISTRIES PURPOSE: FOR THE OPERATION OF FOOD PANTRIES IN INSECURE AREAS. | $107,800 |