Food For Friends
- Assets
- $80.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palatine, IL
- Founding
- 11/2002
- Data as of
- 12/2021
- EIN
- 73-1658822
Organization Overview
Food For Friends is located in Palatine, IL. The organization was established in 2002. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food For Friends 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 12/2021, Food For Friends generated $66.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $85.0k during the year ending 12/2021. While expenses have increased by 11.0% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DONATIONS TO ORGANIZATIONS THAT PROVIDE FOOD TO PEOPLE WHO ARE IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel L Herzog President | 0 | $0 | |
John Opsahl Treasurer | 0 | $0 | |
Christina Chacon Secretary | 0 | $0 | |
Kenneth C Rasbid Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,871 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $28,840 |
| Other Revenue | $0 |
| Total Revenue | $66,725 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,923 |
| Total expenses | $84,987 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,989 |
| Other assets | $0 |
| Total assets | $79,989 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,989 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Food For Friends has recieved totaling $4,526.
| Awarding Organization | Amount |
|---|---|
Cardinal Health Foundation Dublin, OH PURPOSE: VOLUNTEER LEADERSHIP GRANT | $3,500 |
John Marshall Family Foundation Palatine, IL PURPOSE: UNRESTRICTED | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $26 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pauls Pantry Inc Green Bay, WI | $11,786,788 | $9,425,789 |
Hoosier Hills Food Bank Inc Bloomington, IN | $3,201,410 | $7,233,750 |
Food Bank Of Siouxland Inc Sioux City, IA | $3,758,082 | $6,894,598 |
Food For Greater Elgin Inc Elgin, IL | $809,425 | $6,152,504 |
Feeding Wisconsin Inc Madison, WI | $2,927,232 | $5,776,785 |
Aurora Area Interfaith Food Pantry Aurora, IL | $2,031,218 | $4,633,922 |
Food Pantry Of Waukesha County Inc Waukesha, WI | $2,255,252 | $4,828,697 |
Crooked Creek Food Pantry Inc Indianapolis, IN | $798,597 | $3,869,753 |
Oshkosh Area Community Pantry Inc Oshkosh, WI | $2,115,929 | $3,623,426 |
Shepherds Hope Ltd Chicago, IL | $149,100 | $3,504,035 |
Beyond Hunger Oak Park, IL | $3,139,973 | $3,845,381 |
Peace Pantry Cedar Hill, MO | $1,516,530 | $3,477,092 |