Central Texas Food Bank Inc
- Assets
- $104.8m
- Revenue
- $116.3m
- Investments
- $0.0
- Employees
- 207
- Location
- Austin, TX
- Founding
- 07/1982
- Data as of
- 09/2023
- EIN
- 74-2217350
Organization Overview
Central Texas Food Bank Inc is located in Austin, TX. The organization was established in 1982. 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 09/2023, Central Texas Food Bank Inc employed 207 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Texas Food Bank 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 09/2023, Central Texas Food Bank Inc generated $116.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $111.4m during the year ending 09/2023. While expenses have increased by 5.0% 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.
Since 2015, Central Texas Food Bank Inc has awarded 139 individual grants totaling $664,207,513. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO DISTRIBUTE FOOD TO HUMAN SERVICES AGENCIES WHICH ASSIST FOOD INSECURE INDIVIDUALS, INCLUDING INFANTS, THE NEEDY, THE ELDERLY, AND THE ILL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD DISTRIBUTION - FOOD IS DISTRIBUTED TO PARTNER AGENCIES AND PROVIDED TO LOW-INCOME INDIVIDUALS AND FAMILIES FOR FREE. IN FY 23 WE DISTRIBUTED OVER 49 MILLION POUNDS OF FOOD.
HEALTH & NUTRITION EDUCATION - THE NUTRITION EDUCATION PROGRAM HELPS LOW-INCOME INDIVIDUALS AND FAMILIES MAKE HEALTHY FOOD CHOICES WITHIN A LIMITED BUDGET AND CHOOSE ACTIVE LIFESTYLES. IN FISCAL YEAR 23 MORE THAN 1,200 UNIQUE PARTICIPANTS WERE EDUCATED THOUGH 386 EDUCATION CLASSES OR COOKING DEMONSTRATIONS.SNAP ASSISTANCE - THE SNAP ASSISTANCE STAFF PROVIDE PHONE AND IN-PERSON HELP IN EXPLAINING THE SNAP APPLICATION PROCESS (ALONG WITH OTHER PROGRAMS) AND HELP COMPLETING THE APPLICATION PACKET. IN FY 23 WE HELPED COMPLETE 1,974 APPLICATIONS.HEALTHY OPTIONS FOR THE ELDERLY (HOPE) - HOPE PROVIDES FREE MONTHLY DISTRIBUTIONS OF HEALTH, SHELF-STABLE FOODS. IN FY 23 WE SERVED 760,000 POUNDS OF FOOD TO OVER 54,000 LOW-INCOME SENIORS.SUMMER FOOD SERVICE PROGRAM (SFSP) - SFSP PROVIDES NUTRITIOUS LUNCHES AND SNACKS TO CHILDREN OF LOW-INCOME FAMILIES. IN FY 23 WE SERVED 63,704 MEALS.KIDS CAFE - KIDS CAFE SERVES AS A DIRECT PARTNERSHIP BETWEEN THE FOOD BANK AND EXISTING AFTER-SCHOOL PROGRAMS TO PROVIDE NUTRITIOUS MEALS TO LOW-INCOME CHILDREN WHO MAY NOT OTHERWISE HAVE ACCESS TO HEALTHY AND BALANCED NUTRITION OUTSIDE OF THE SCHOOL. KIDS CAFE SERVED OVER 95,000 MEALS IN FY 23.NATIONAL SCHOOL LUNCH PROGRAM - WE DELIVERED OVER 4 MILLION POUNDS OF FOOD TO SCHOOLS FOR THE NATIONAL SCHOOL LUNCH PROGRAM IN FY 23.
MOBILE FOOD PANTRY - MOBILE FOOD PANTRIES FILL GEOGRAPHIC AND SERVICE GAPS IN EMERGENCY FOOD ASSISTANCE. THESE MOBILE FOOD PANTRIES PROVIDE BASIC STAPLES, FRUITS, VEGETABLES, AND FROZEN FOODS. IN FY 23 THE PROGRAM DISTRIBUTED OVER 3.5 MILLION POUNDS OF FOOD TO OVER 169,100 CLIENTS.
FRESH FOOD FOR FAMILIES - FRESH FOOD FOR FAMILIES PROVIDES FREE MONTHLY DISTRIBUTIONS OF FRUITS, VEGETABLES, AND OTHER FRESH FOODS TO LOW-INCOME FAMILIES. IN FY 23 WE SERVED OVER 620,000 POUNDS OF FOOD TO OVER 65,000 CLIENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jen Alessandra-Lucas Director | Trustee | 1 | $0 |
Shaun Cranston Director | Trustee | 1 | $0 |
Estellita Doolin Secretary | OfficerTrustee | 1 | $0 |
Kathleen Farlow Treasurer | OfficerTrustee | 1 | $0 |
Kelli Green Director | Trustee | 1 | $0 |
Jeff Hahn Vice Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brad Cecil & Associates Consultant In Direct Mail Campaign | 9/29/23 | $915,397 |
Virtual Cfo Accg/financial Services | 9/29/23 | $405,748 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,109,599 |
| All other contributions, gifts, grants, and similar amounts not included above | $106,973,897 |
| Noncash contributions included in lines 1a–1f | $82,776,131 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,083,496 |
| Total Program Service Revenue | $911,507 |
| Investment income | $2,291,486 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$38,789 |
| Net Income from Fundraising Events | $38,792 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $116,286,492 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $91,470,962 |
| 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. | $764,938 |
| Compensation of current officers, directors, key employees. | $764,938 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,300,474 |
| Pension plan accruals and contributions | $249,967 |
| Other employee benefits | $1,238,323 |
| Payroll taxes | $700,151 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $50,617 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $24,000 |
| Fees for services: Investment Management | $68,812 |
| Fees for services: Other | $937,159 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $948,730 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $255,849 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,317,172 |
| Insurance | $379,896 |
| All other expenses | $175,540 |
| Total functional expenses | $111,438,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $330,799 |
| Savings and temporary cash investments | $57,060,117 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,703,389 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,431,757 |
| Prepaid expenses and deferred charges | $208,816 |
| Net Land, buildings, and equipment | $23,047,183 |
| Investments—publicly traded securities | $15,056,566 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $104,838,627 |
| Accounts payable and accrued expenses | $5,596,170 |
| 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 | $0 |
| Total liabilities | $5,596,170 |
| Net assets without donor restrictions | $99,217,457 |
| Net assets with donor restrictions | $25,000 |
| 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 | $104,838,627 |
Grants Awarded
Over the last fiscal year, Central Texas Food Bank Inc has awarded $91,470,962 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
284 NONPROFIT AGENCIES THAT FEED HUNGRY PEOPLE PURPOSE: FOOD DISTRIBUTION PROGRAM | $91,309,665 |
DOVE SPRINGS RECREATION CENTER PURPOSE: PROGRAM REIMBURSEMENTS | $12,031 |
MISSION WACO PURPOSE: PROGRAM REIMBURSEMENTS | $10,651 |
MONTOPOLIS RECREATION CENTER PURPOSE: PROGRAM REIMBURSEMENTS | $15,754 |
TURNER ROBERTS RECREATION CTR PURPOSE: PROGRAM REIMBURSEMENTS | $15,701 |
AUSTIN COMMUNITY COLLEGE DISTRICT PURPOSE: COLLEGE FUND ACCESS GRANT | $37,500 |