Northshore Food Bank
- Assets
- $5.0m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 23
- Location
- Covington, LA
- Founding
- 11/1985
- Data as of
- 12/2020
- EIN
- 72-1028539
Organization Overview
Northshore Food Bank is located in Covington, LA. The organization was established in 1985. 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 12/2020, Northshore Food Bank employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northshore 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 12/2020, Northshore Food Bank generated $3.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $2.3m during the year ending 12/2020. While expenses have increased by 4.7% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FOOD, CLOTHING, SUPPLEMENTAL SUPPORT AND LOW-COST DENTAL CARE TO THE POOR AND NEEDY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD BANK: DISTRIBUTION OF FOOD TO THE POOR AND HUNGRY.
RESALE SHOP: PROVIDES GENTLY USED LOW COST, GENTLY USED CLOTHING, HOUSEHOLD GOODS AND FURNITURE TO THE COMMUNITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terri Turner-Marse Chief Executive Officer | Officer | 40 | $97,877 |
Joseph C Chautin III Vice Chairman | OfficerTrustee | 1 | $0 |
Laurie Pennison Secretary | OfficerTrustee | 1 | $0 |
Sarah Yrle Treasurer | OfficerTrustee | 1 | $0 |
Kurt Hanks Development Chair | OfficerTrustee | 1 | $0 |
Ron Garbarino Chairman | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $152,550 |
| Related organizations | $0 |
| Government grants | $585,979 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,470,641 |
| Noncash contributions included in lines 1a–1f | $1,016,623 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,209,170 |
| Total Program Service Revenue | $140,624 |
| Investment income | $9,453 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $28,661 |
| Net Gain/Loss on Asset Sales | $1,389 |
| Net Income from Fundraising Events | -$10,003 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,380,016 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $97,877 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $319,884 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $37,620 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,226 |
| Advertising and promotion | $4,833 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,370 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $96,774 |
| Insurance | $58,581 |
| All other expenses | $94,545 |
| Total functional expenses | $2,339,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $390,453 |
| Savings and temporary cash investments | $1,253,434 |
| Pledges and grants receivable | $63,548 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $172,111 |
| Prepaid expenses and deferred charges | $20,506 |
| Net Land, buildings, and equipment | $3,127,982 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,028,034 |
| Accounts payable and accrued expenses | $36,741 |
| 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 | $120,856 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $110,300 |
| Total liabilities | $267,897 |
| Net assets without donor restrictions | $4,760,137 |
| Net assets with donor restrictions | $0 |
| 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 | $5,028,034 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Northshore Food Bank has recieved totaling $211,082.
| Awarding Organization | Amount |
|---|---|
The Greater New Orleans Foundation New Orleans, LA PURPOSE: PUBLIC/SOCIETY BENEFIT | $101,212 |
United Way Of Southeast Louisiana New Orleans, LA PURPOSE: GRANT FUNDING | $30,000 |
American Endowment Foundation Hudson, OH PURPOSE: FOOD, NUTRITION | $26,500 |
Northshore Community Foundation Covington, LA PURPOSE: GENERAL SUPPORT AND SUPPORT OF THE NORTHSHORE TURKEY TROT | $20,165 |
International Paper Company Foundation Memphis, TN PURPOSE: STAPLE FOOD BOX PROGRAM | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,915 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Plains Food Bank Inc Lubbock, TX | $28,298,795 | $20,514,484 |
The Food Bank Of Central Louisiana Inc Alexandria, LA | $12,555,817 | $16,824,841 |
Northwest Louisiana Food Bank Shreveport, LA | $26,081,123 | $19,803,576 |
The Food Bank Of The Golden Crescent Victoria, TX | $12,570,962 | $19,539,613 |
High Plains Food Bank Amarillo, TX | $16,120,806 | $18,291,183 |
Brazos Valley Food Bank Inc Bryan, TX | $10,404,564 | $14,196,730 |
Wichita Falls Area Food Bank Wichita Falls, TX | $9,498,885 | $9,862,172 |
Food Bank Of Abilene Inc Abilene, TX | $7,456,810 | $7,903,273 |
Minnies Food Pantry Inc Plano, TX | $11,307,056 | $7,241,674 |
Foodbank Of North Central Arkansas Norfork Community Care Program Inc Norfork, AR | $3,972,455 | $5,577,020 |
Community Link Mission Inc Saginaw, TX | $1,121,434 | $6,492,945 |
Harvesting International Ministry Center Inc Mansfield, TX | $565,911 | $4,398,880 |