Second Harvest Food Bank Of Greater New Orleans And Acadiana
- Assets
- $78.1m
- Revenue
- $172.5m
- Investments
- $43.5m
- Employees
- 131
- Location
- New Orleans, LA
- Founding
- 06/1984
- Data as of
- 06/2021
- EIN
- 72-0956468
Organization Overview
Second Harvest Food Bank Of Greater New Orleans And Acadiana is located in New Orleans, LA. The organization was established in 1984. According to its NTEE Classification (K19) the organization is classified as: Support N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2021, Second Harvest Food Bank Of Greater New Orleans And Acadiana employed 131 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Second Harvest Food Bank Of Greater New Orleans And Acadiana 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 06/2021, Second Harvest Food Bank Of Greater New Orleans And Acadiana generated $172.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $135.1m during the year ending 06/2021. While expenses have increased by 14.5% 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.
Since 2015, Second Harvest Food Bank Of Greater New Orleans And Acadiana has awarded 2,962 individual grants totaling $499,286,484. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO LEAD THE FIGHT AGAINST HUNGER AND BUILD FOOD SECURITY IN SOUTH LOUISIANA BY PROVIDING FOOD ACCESS, ADVOCACY, EDUCATION AND DISASTER RESPONSE.
Describe the Organization's Program Activity:
COMMUNITY PROGRAMS - DISTRIBUTED 67,288,529 POUNDS OF FOOD PRODUCT TO 573 CHARITABLE ORGANIZATIONS THROUGHOUT 23 CIVIL PARISHES IN SOUTH LOUISIANA.
CHILDREN PROGRAMS - DISTRIBUTED 462,357 POUNDS OF FOOD PRODUCT TO 112 CHARITABLE ORGANIZATIONS THROUGHOUT 16 CIVIL PARISHES IN SOUTH LOUISIANA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natalie Jayroe President And CEO | Officer | 40 | $151,968 |
E Elisha Darcey Vice President And Cao | Officer | 40 | $132,754 |
John R Dzirgot Former Chief Operating Officer | 40 | $118,571 | |
Kristen R Hook Chief Philanthropy Officer | 40 | $110,108 | |
Robert Marks Chair | OfficerTrustee | 1.5 | $0 |
Roy Zuppardo Development Chair | OfficerTrustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kenworth Of South Louisiana Llc Truck Leasing | 6/29/21 | $519,112 |
Crown Equipment Corporation Forklift Purchases /Rental/repairs | 6/29/21 | $228,676 |
M And L Industries Llc Forklift Purchases /Rental/repairs | 6/29/21 | $328,561 |
Robbinskersten Llc Direct Mail Contract | 6/29/21 | $697,743 |
Mclane Group International Purchased Food Products | 6/29/21 | $177,913 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $521,228 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $36,241,160 |
| All other contributions, gifts, grants, and similar amounts not included above | $134,636,173 |
| Noncash contributions included in lines 1a–1f | $118,486,672 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,398,561 |
| Total Program Service Revenue | $922,347 |
| Investment income | $138,906 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$75,783 |
| Net Gain/Loss on Asset Sales | -$50,287 |
| Net Income from Fundraising Events | $33,176 |
| Net Income from Gaming Activities | $105,594 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $172,511,341 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $111,441,497 |
| Grants and other assistance to domestic individuals. | $11,066,260 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $326,154 |
| Compensation of current officers, directors, key employees. | $326,154 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,198,452 |
| Pension plan accruals and contributions | $148,751 |
| Other employee benefits | $1,177,896 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,103 |
| Fees for services: Accounting | $26,215 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,014,467 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $617,918 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $865,468 |
| Travel | $0 |
| 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 | $72,947 |
| Depreciation, depletion, and amortization | $617,024 |
| Insurance | $251,858 |
| All other expenses | $102,725 |
| Total functional expenses | $135,114,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,842,069 |
| Savings and temporary cash investments | $1,396,874 |
| Pledges and grants receivable | $5,516,960 |
| Accounts receivable, net | $241,531 |
| 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 | $82,222 |
| Net Land, buildings, and equipment | $16,545,251 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $43,463,094 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,056,649 |
| Total assets | $78,144,650 |
| Accounts payable and accrued expenses | $1,990,643 |
| 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 | $367,165 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $8,213 |
| Total liabilities | $2,366,021 |
| Net assets without donor restrictions | $42,562,860 |
| Net assets with donor restrictions | $33,215,769 |
| 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 | $78,144,650 |
Grants Awarded
Over the last fiscal year, Second Harvest Food Bank Of Greater New Orleans And Acadiana has awarded $104,768,249 in support to 539 organizations.
| Grant Recipient | Amount |
|---|---|
New Orleans, LA PURPOSE: TO PROVIDE FOOD ASSISTANCE FOR PERSONS IN NEED | $7,299,916 |
NEW WINE DEVELOPMENT CORPORATION PURPOSE: TO PROVIDE FOOD ASSISTANCE FOR PERSONS IN NEED | $3,379,605 |
Lake Charles, LA PURPOSE: TO PROVIDE FOOD ASSISTANCE FOR PERSONS IN NEED | $3,158,980 |
Hammond, LA PURPOSE: TO PROVIDE FOOD ASSISTANCE FOR PERSONS IN NEED | $2,905,743 |
New Orleans, LA PURPOSE: TO PROVIDE FOOD ASSISTANCE FOR PERSONS IN NEED | $2,435,656 |
New Orleans, LA PURPOSE: TO PROVIDE FOOD ASSISTANCE FOR PERSONS IN NEED | $2,268,580 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Second Harvest Food Bank Of Greater New Orleans And Acadiana has recieved totaling $40,500.
| Awarding Organization | Amount |
|---|---|
Live Long & Prosper Foundation Wilmington, DE PURPOSE: FOOD PANTRY PROGRAM | $25,000 |
Live Long & Prosper Foundation Wilmington, DE PURPOSE: SCHOOL PANTRY PROGRAM | $10,000 |
The Society Of Saint Andrew Inc Big Island, VA PURPOSE: TO PROVIDE NOURISHMENT TO HUNGRY NEIGHBORS | $5,500 |
Endowment Analysis
| Beg. Balance | $1,671,346 |
| Earnings | $435,032 |
| Admin Expense | $16,884 |
| Ending Balance | $2,089,494 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Second Harvest Food Bank Of Greater New Orleans And Acadiana New Orleans, LA | $78,144,650 | $172,511,341 |
Arkansas Foodbank Little Rock, AR | $47,278,438 | $77,056,915 |
Manna Relief Ministries Cedar Hill, TX | $883,150 | $830,180 |
Wtfb Mid County Odessa, TX | $5,250,415 | $70,000 |
Meating The Need San Antonio, TX | $80,582 | $83,120 |