Food Bank Of Northeast Louisiana Inc is located in Monroe, LA. The organization was established in 1996. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2023, Food Bank Of Northeast Louisiana Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Bank Of Northeast Louisiana Inc 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 06/2023, Food Bank Of Northeast Louisiana Inc generated $10.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $10.6m during the year ending 06/2023. While expenses have increased by 3.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FOOD, HOPE AND DIGNITY TO OUR NEIGHBORS WHO STRUGGLE WITH HUNGER, AND LEAD THE MOVEMENT TO ALLEVIATE HUNGER THROUGH EDUCATION, COLLABORATION AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FOOD TO PARTNER AGENCIES THAT FEED THE HUNGRY
PROVIDE THIRTY POUND BOXES MONTHLY TO QUALIFIED SENIOR CITIZENS
PROVIDE BACKPACKS CONTAINING FOOD TO SCHOOL CHILDREN
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jean Toth Executive Dir. | Officer | 40 | $81,620 |
Tisha Arnold Vice President | OfficerTrustee | 0 | $0 |
Terry Davis Director | Trustee | 0 | $0 |
Kimberly Hudson Director | Trustee | 0 | $0 |
Thomas Proger Director | Trustee | 0 | $0 |
Sherry Wilhite Director | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $68,705 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $4,672,303 |
All other contributions, gifts, grants, and similar amounts not included above | $5,705,085 |
Noncash contributions included in lines 1a–1f | $7,247,595 |
Total Revenue from Contributions, Gifts, Grants & Similar | $10,446,093 |
Total Program Service Revenue | $30,939 |
Investment income | $11,774 |
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 | $10,488,806 |
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. | $81,620 |
Compensation of current officers, directors, key employees. | $51,278 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $592,607 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $113,459 |
Payroll taxes | $55,851 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $75,707 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $124,049 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $25,485 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $15,014 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $26,169 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $265,114 |
Insurance | $49,277 |
All other expenses | $210,667 |
Total functional expenses | $10,550,255 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $5,135,850 |
Savings and temporary cash investments | $3,450,708 |
Pledges and grants receivable | $66,618 |
Accounts receivable, net | $101,774 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,073,371 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $538,113 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $246,825 |
Other assets | $0 |
Total assets | $10,613,259 |
Accounts payable and accrued expenses | $9,203 |
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 | $258,191 |
Total liabilities | $267,394 |
Net assets without donor restrictions | $8,819,029 |
Net assets with donor restrictions | $1,526,836 |
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 | $10,613,259 |