Twin Lakes Food Bank is located in Folsom, CA. The organization was established in 1995. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 06/2022, Twin Lakes Food Bank employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twin Lakes Food Bank 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, Twin Lakes Food Bank generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $2.0m during the year ending 06/2022. While expenses have increased by 21.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SHARE GOD'S LOVE BY UNITING AND MOBILIZING THE COMMUNITY TO PROVIDE FOOD, CLOTHING AND SUPPORT TO THOSE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TWIN LAKES STRIVES TO ALLEVIATE HUNGER, ELIMATE FOOD INSECURITY, AND PROMOTE GOOD HEALTH BY PROVIDING NUTRITIOUS FOOD AND SOCIAL ASSISTANCE WITH DIGNITY AND HUMILITY. ESTABLISHED IN THE CLOSET OF A LOCAL CHURCH AND STAFFED BY A HANDFUL OF VOLUNTEERS, TWIN LAKES INITIALLY SHARED PRE-PACKAGED BOXES OF FOOD WITH 250 PEOPLE EACH MONTH. WITH STRONG COMMUNITY SUPPORT, WE HAVE GROWN INTO A NEIGHBORHOOD CAMPUS MANNED BY 120 VOLUNTEERS AND 8 STAFF MEMBERS WHO SERVE OVER 1800 CLIENTS MONTHLY THROUGH OUR FOOD PANTRY, WAREHOUSES, COMMUNITY GARDEN AND PRODUCE STAND, MOBILE DELIVERY SERVICES, AND COLLABORATIONS WITH PROVIDERS OF CRITICAL SERVICES. BECAUSE OF THE PANDEMIC, THE NUMBER OF PEOPLE SERVED, SOARED OVER 2000 EVERY MONTH. WE EMPOWER INDIVIDUALS STRUGGLING TO BECOME SELF-RELIANT AND ENSURE LONG-TERM PROGRESS FOR FAMILIES BY SHARING ESSENTIAL RESOURCES, COMPASSION, AND HOPE WITH THE FOLLOWING PROGRAMS AND SERVICES FOOD DONATION - FOOD DONATED BY INDIVIDUALS, COMMUNITY DRIVES, AND LOCAL GROCERY STORES COLLECTED,TRANSPORTED, STOCKED, AND STORED IN OUR ON AND OFF-SITE WAREHOUSES COMMUNITY GARDEN - 80 PLANTED BEDS, GREENHOUSE, AND COMPOSTING STATION TENDED BY VOLUNTEER GARDENERS PRODUCES FRESH, ORGANIC FRUITS AND VEGETABLES NEIGHBORHOOD FOOD PANTRY - PROVIDES A WEEK'S WORTH OF GROCERIES (FRESH DAIRY, EGGS, MEAT, PRODUCE,STAPLES, DIAPERS, BABY FOOD, FORMULA) TO CLIENTS EACH MONTH (BIMONTHLY FOR SENIORS) PANTRY ONWHEELS - REFRIGERATED TRUCKS DELIVER A WEEK'S WORTH OF GROCERIES BIMONTHLY TO CLIENTS IN 4 SENIOR LIVING FACILITIES AND TO HOME-BOUND CLIENTS SEASONAL MEALS - PROVIDE GROCERIES TO PREPARE A HOLIDAY FAMILY MEAL THREE TIMES ANNUALLY BACK TO SCHOOL BOOST - EQUIPS LOCAL SCHOOL CHILDREN WITH NEW BACKPACKS, SHOES, SCHOOL SUPPLIES, HAIRCUTS, DENTAL KITS ANNUALLY COOKING/NUTRITION CLASSES - PROVIDE NUTRITION INSTRUCTION AND OPPORTUNITIES TO COOK AND SHARE HEALTHY MEALS MONTHLY SUPPORT TO OTHER ORGANIZATIONS - PROVIDES FOOD WEEKLY TO AT-RISK STUDENTS SERVED BY FOLSOM'S HOPESTARS (AFTER-SCHOOL MENTORING AND TUTORING), FAMILIES ASSISTED BY MERCY HOUSING, HART OF FOLSOM (TRANSITIONAL HOUSING), RESIDENTS OF POWERHOUSE TRANSFORMATION CENTER (ABUSE/ADDICTION RECOVERY), AND MONTHLY TO FOLSOM LAKE COLLEGE'S STUDENT FOOD PANTRY USDA - DISTRIBUTES FOOD PROVIDED BY SACRAMENTO FOOD BANK TO CLIENTS ELIGIBLE UNDER FEDERAL EMERGENCY FOOD ASSISTANCE PROGRAM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lisa Tuter Executive Dir. | Officer | 40 | $79,066 |
Tovi Abello Treasurer | OfficerTrustee | 2 | $0 |
Libby Vincent President | OfficerTrustee | 5 | $0 |
Celeste Petersen Secretary | OfficerTrustee | 2 | $0 |
Ian Cornell Board Member | Trustee | 2 | $0 |
Deb Goldsmith Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $151,829 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,037,817 |
Noncash contributions included in lines 1a–1f | $1,560,393 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,189,646 |
Total Program Service Revenue | $0 |
Investment income | $428 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $6,600 |
Net Income from Fundraising Events | $24,391 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,221,065 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $1,549,785 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $81,094 |
Compensation of current officers, directors, key employees. | $14,597 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $141,865 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $5,813 |
Payroll taxes | $22,030 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $14,600 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $969 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $9,016 |
Royalties | $0 |
Occupancy | $55,914 |
Travel | $42,585 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $28,091 |
Insurance | $10,042 |
All other expenses | $3,868 |
Total functional expenses | $2,003,267 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $540,072 |
Savings and temporary cash investments | $132,158 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $5,000 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $136,669 |
Prepaid expenses and deferred charges | $12,991 |
Net Land, buildings, and equipment | $121,880 |
Investments—publicly traded securities | $0 |
Investments—other securities | $800,368 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $900 |
Total assets | $1,750,038 |
Accounts payable and accrued expenses | $38,209 |
Grants payable | $0 |
Deferred revenue | $19,117 |
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 | $57,326 |
Net assets without donor restrictions | $1,685,392 |
Net assets with donor restrictions | $7,320 |
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 | $1,750,038 |
Over the last fiscal year, we have identified 11 grants that Twin Lakes Food Bank has recieved totaling $107,795.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $46,044 |
Carlsen Muir Family Foundation Folsom, CA PURPOSE: EVERY HUMAN BEING HAS A FUNDAMENTAL RIGHT TO ACCESS TO FOOD. NO PERSON DESERVES TO GO HUNGRY. THE REALITY IS THAT FOOD INSECURITY IMPACTS ONE IN SIX AMERICANS WHO REPORT RUNNING OUT OF FOOD AT LEAST ONCE A YEAR. WE SERVE INDIVIDUALS, FAMILIES, SENIOR CITIZENS AND HOMELESS WHO ARE DESPERATE FOR GROCERIES FOR THEMSELVES AND THEIR FAMILIES.MONEY GOES TO GENERAL OPERATIONS | $20,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $11,550 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: GENERAL OPERATING | $10,000 |
Lasher Foundation Inc Elk Grove, CA PURPOSE: GENERAL OPERATIONS | $7,500 |
The Albertsons Companies Foundation Pleasanton, CA PURPOSE: HUNGER | $5,800 |
Organization Name | Assets | Revenue |
---|---|---|
Oak Grove Institute Foundation Inc Murrieta, CA | $29,102,821 | $23,083,215 |
Taco Bell Foundation Inc Irvine, CA | $32,895,109 | $23,910,509 |
Albina Head Start Inc Portland, OR | $22,611,624 | $19,457,720 |
Orbis Cascade Alliance Portland, OR | $8,013,554 | $17,694,791 |
Albert Einstein Academies San Diego, CA | $21,189,771 | $17,379,077 |
Prospect Sierra School El Cerrito, CA | $31,201,283 | $16,565,547 |
Options Counseling Services Of Oregon Eugene, OR | $12,586,092 | $15,957,358 |
Transitions - Mental Health Association San Luis Obispo, CA | $15,943,493 | $14,891,475 |
International Myeloma Foundation Studio City, CA | $20,383,236 | $17,434,390 |
Open Networking Foundation Palo Alto, CA | $9,261,912 | $16,468,416 |
Sonoma Valley Community Health Center Sonoma, CA | $15,645,180 | $13,937,473 |
After-School All-Stars Los Angeles, CA | $10,011,535 | $13,148,528 |