The Cooperative Feeding Program Inc
- Assets
- $3.8m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 38
- Location
- Fort Lauderdale, FL
- Founding
- 01/1987
- Data as of
- 12/2022
- EIN
- 59-2696451
Organization Overview
The Cooperative Feeding Program Inc, operating under the name Lifenet4families, is located in Fort Lauderdale, FL. The organization was established in 1987. According to its NTEE Classification (F32) the organization is classified as: Community Mental Health Centers, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2022, Lifenet4families employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifenet4families 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, Lifenet4families generated $2.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $2.6m during the year ending 12/2022. While expenses have increased by 1.1% per year over the past 6 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
WHILE REDUCING HUNGER IS OUR PRIMARY GOAL, WE ALSO HELPED CLIENTS REGAIN STABILITY BY PROVIDING ON-SITE SHOWER FACILITIES, CLOTHING, CASE MANAGEMENT SERVICES, PREVENTATIVE MEDICAL SERVICES, REFERRALS, EMERGENCY FINANCIAL ASSISTANCE, AND POSTAL SERVICES. WE SERVED 126,197 MEALS AND DISTRIBUTED 32,739 FOOD BOXES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FEEDING PROGRAM - PROVIDED NECESSARY FOOD, ANCILLARY SERVICES AND REFERRALS AS PART OF A SEAMLESS SYSTEM OF CARE IN BROWARD COUNTY. APPROXIMATELY 126,197 MEALS SERVED AND 32,739 FOOD BOXES DISTRIBUTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Will Spencer Chair | OfficerTrustee | 2 | $0 |
Erika Royal Vice Chair | OfficerTrustee | 2 | $0 |
Scott May Secretary | OfficerTrustee | 2 | $0 |
Les Campbell CPA Treasurer | OfficerTrustee | 2 | $0 |
Heidi Alzate Kaufman At-Large | OfficerTrustee | 2 | $0 |
Andrew Cagnetta Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $273,573 |
| Related organizations | $0 |
| Government grants | $301,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,498,025 |
| Noncash contributions included in lines 1a–1f | $410,345 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,072,598 |
| Total Program Service Revenue | $0 |
| Investment income | -$197,468 |
| 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 | $2,875,130 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $205,661 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $125,499 |
| Compensation of current officers, directors, key employees. | $50,200 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $512,016 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $77,978 |
| Payroll taxes | $52,132 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $28,443 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $87,631 |
| Advertising and promotion | $68,466 |
| Office expenses | $30,891 |
| Information technology | $23,768 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,015 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,669 |
| Insurance | $13,999 |
| All other expenses | $25,226 |
| Total functional expenses | $2,573,665 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $729,299 |
| Savings and temporary cash investments | $3,333 |
| Pledges and grants receivable | $485,916 |
| Accounts receivable, net | $2,500 |
| 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 | $29,517 |
| Net Land, buildings, and equipment | $1,097,727 |
| Investments—publicly traded securities | $446,953 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,015,092 |
| Total assets | $3,810,337 |
| Accounts payable and accrued expenses | $52,540 |
| Grants payable | $0 |
| Deferred revenue | $63,273 |
| 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 | $115,813 |
| Net assets without donor restrictions | $1,764,506 |
| Net assets with donor restrictions | $1,930,018 |
| 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 | $3,810,337 |