Food Bank Of Northeast Arkansas
- Assets
- $15.7m
- Revenue
- $23.0m
- Investments
- $0.0
- Employees
- 25
- Location
- Jonesboro, AR
- Founding
- 10/1998
- Data as of
- 06/2022
- EIN
- 71-0810999
Organization Overview
Food Bank Of Northeast Arkansas is located in Jonesboro, AR. The organization was established in 1998. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 06/2022, Food Bank Of Northeast Arkansas employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Bank Of Northeast Arkansas 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, Food Bank Of Northeast Arkansas generated $23.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $23.0m during the year ending 06/2022. While expenses have increased by 11.8% 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 2015, Food Bank Of Northeast Arkansas has awarded 1,184 individual grants totaling $86,389,246. 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
THE FOOD BANK OF NORTHEAST ARKANSAS PROVIDES HUNGER RELIEF TO PEOPLE IN NEED BY RAISING AWARENESS, SECURING RESOURCES, AND DISTRIBUTING FOOD THROUGH A NETWORK OF NON-PROFIT AGENCIES AND PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CORE FOOD DISTRIBUTION PROGRAM - THE ORGANIZATION SERVES AS A DISTRIBUTION CENTER FOR MORE THAN 100 LOCAL PARTNER AGENCIES SUCH AS FOOD PANTRIES, SOUP KITCHENS, SHELTERS, SPECIAL CARE FACILITIES, AND SENIOR CITIZEN CENTERS IN 12 COUNTIES THROUGHOUT NORTHEAST ARKANSAS.
COMMODITY DISTRIBUTION PROGRAM - THE ORGANIZATION CONDUCTS 4 TO 5 COMMODITY FOOD DISTRIBUTIONS ANNUALLY AT 20 DIFFERENT SITES IN 11 COUNTIES. STAFF AND VOLUNTEERS SET UP ONE-DAY FOOD PANTRIES AT ADVERTISED LOCATIONS THROUGHOUT THE YEAR. ELIGIBLE FAMILIES AND INDIVIDUALS ARE GIVEN FOOD FREE OF CHARGE. ELIGIBILITY IS BASED ON THE NUMBER OF PEOPLE IN THE HOUSEHOLD AND THE HOUSEHOLD'S COMBINED MONTHLY INCOME.
BACKPACK PROGRAMS/SENIOR FEEDING PROGRAMS - THE BACKPACK PROGRAM PROVIDES BACKPACKS FILLED WITH FOOD TO MORE THAN 1100 CHILDREN EACH WEEK DURING THE SCHOOL YEAR. THE BACKPACKS ARE FILLED WITH ENOUGH FOOD FOR THE WEEKEND AND ARE GIVEN TO EACH CHILD ON THE LAST DAY OF THE SCHOOL WEEK. THIS PROGRAM SERVES CHILDREN IN 18 SCHOOLS IN 9 DIFFERENT SCHOOL DISTRICTS OF NORTHEAST ARKANSAS. THE SENIOR FEEDING PROGRAM SUPPLIES ELIGIBLE SENIOR CITIZENS WITH A BOX OF FOOD EVERY OTHER WEEK. THE FOOD IS EITHER PICKED UP BY THE SENIOR CITIZEN OR DELIVERED BY A VOLUNTEER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christie Jordan Chief Executive Officer | OfficerTrustee | 40 | $84,414 |
Hatton Weeks Treasurer | OfficerTrustee | 4 | $0 |
John Mcknight Vice President | OfficerTrustee | 4 | $0 |
Trey Stafford President | OfficerTrustee | 4 | $0 |
Lydia Parkey Secretary | OfficerTrustee | 4 | $0 |
Joe Verser Past President | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $41,667 |
| Membership dues | $0 |
| Fundraising events | $304,547 |
| Related organizations | $0 |
| Government grants | $4,229,507 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,900,985 |
| Noncash contributions included in lines 1a–1f | $20,102,958 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,476,706 |
| Total Program Service Revenue | $207,364 |
| Investment income | $173,793 |
| 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 | $22,965,303 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,880,417 |
| Grants and other assistance to domestic individuals. | $3,933,249 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $84,414 |
| Compensation of current officers, directors, key employees. | $16,883 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $672,060 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $116,457 |
| Payroll taxes | $57,870 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,236 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $101,199 |
| Fees for services: Investment Management | $64,198 |
| Fees for services: Other | $4,980 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $40,294 |
| Travel | $16,026 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,179 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $320,520 |
| Insurance | $49,434 |
| All other expenses | $165,320 |
| Total functional expenses | $22,991,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,847,232 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $22,879 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $832,383 |
| Prepaid expenses and deferred charges | $1,071 |
| Net Land, buildings, and equipment | $6,348,719 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $6,617,287 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,669,571 |
| Accounts payable and accrued expenses | $98,761 |
| 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 | $112,542 |
| Total liabilities | $211,303 |
| Net assets without donor restrictions | $14,358,526 |
| Net assets with donor restrictions | $1,099,742 |
| 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 | $15,669,571 |
Grants Awarded
Over the last fiscal year, Food Bank Of Northeast Arkansas has awarded $12,421,076 in support to 201 organizations.
| Grant Recipient | Amount |
|---|---|
Norfork, AR PURPOSE: FOOD DISTRIBUTION PROGRAM | $1,078,166 |
USDA (HOPE HOUSE MINISTRIES INC) PURPOSE: FOOD DISTRIBUTION PROGRAM | $255,095 |
USDA (MISSION OUTREACH OF NEA) PURPOSE: FOOD DISTRIBUTION PROGRAM | $242,840 |
Tuckerman, AR PURPOSE: FOOD DISTRIBUTION PROGRAM | $237,011 |
USDA (PROVISION 88) PURPOSE: FOOD DISTRIBUTION PROGRAM | $236,988 |
ST FRANCIS COUNTY MOBILE PANTRY PURPOSE: FOOD DISTRIBUTION PROGRAM | $234,021 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Food Bank Of Northeast Arkansas has recieved totaling $181,652.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $75,310 |
United Way Of Northeast Arkansas Jonesboro, AR PURPOSE: BACKPACK PROGRAM | $47,298 |
Sozosei Foundation Princeton, NJ PURPOSE: DISASTER PHILANTHROPY | $15,000 |
Brothers Brother Foundation Pittsburgh, PA PURPOSE: GRANT FOR TORNADOS | $10,000 |
Alpha Gamma Delta Foundation Inc Indianapolis, IN PURPOSE: HUNGER RELIEF | $10,000 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $7,500 |
Endowment Analysis
| Beg. Balance | $7,554,837 |
| Earnings | -$873,352 |
| Admin Expense | $64,198 |
| Ending Balance | $6,617,287 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sharing Life Community Outreach Inc Mesquite, TX | $2,053,373 | $25,973,083 |
Food Bank Of Northeast Arkansas Jonesboro, AR | $15,669,571 | $22,965,303 |
Arvac Inc Dardanelle, AR | $9,742,148 | $20,926,071 |
Community Services League Of Jackson County Independence, MO | $10,715,608 | $18,545,815 |
Galveston County Food Bank Texas City, TX | $6,843,848 | $17,758,776 |
Caritas Of Waco Waco, TX | $6,458,652 | $16,290,870 |
Metrocrest Services Farmers Branch, TX | $16,311,455 | $22,147,837 |
Missouri Valley Community Action Agency Marshall, MO | $8,413,322 | $11,809,512 |
Hca Hope Fund Nashville, TN | $21,200,285 | $11,328,129 |
Memorial Assistance Ministries Inc Houston, TX | $12,620,656 | $8,704,582 |
Graceworks Ministries Inc Franklin, TN | $5,757,602 | $9,107,244 |
Community Action Agency Of Greater Kansas City Kansas City, MO | $3,181,804 | $8,038,211 |