Central Texas Food Bank Inc
- Assets
- $84.0m
- Revenue
- $143.2m
- Investments
- $0.0
- Employees
- 213
- Location
- Austin, TX
- Founding
- 07/1982
- Data as of
- 09/2021
- 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 09/2021, Central Texas Food Bank Inc employed 213 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 09/2021, Central Texas Food Bank Inc generated $143.2m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $117.6m during the year ending 09/2021. While expenses have increased by 7.7% 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.
Since 2015, Central Texas Food Bank Inc has awarded 122 individual grants totaling $484,751,754. 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
2021
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 21 WE DISTRIBUTED OVER 64 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 21 ALMOST 2,900 UNIQUE PARTICIPANTS WERE EDUCATED THROUGH 281 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 21 WE HELPED COMPLETE 1,169 APPLICATIONS GENERATING OVER 1.5 MILLION MEALS.
NATIONAL SCHOOL LUNCH PROGRAM - WE DELIVERED OVER 4.4 MILLION POUNDS OF FOOD TO SCHOOLS FOR THE NATIONAL SCHOOL LUNCH PROGRAM IN FY 21.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derrick Chubbs President & CEO | Officer | 40 | $238,731 |
Mark Jackson Chief Development Officer | Officer | 40 | $147,729 |
Alan Robinson Chief Financial Officer | Officer | 40 | $132,118 |
Catrina Salinas Chief People Officer | Officer | 40 | $127,588 |
Denise Blok Chief Operating Officer | Officer | 40 | $126,689 |
Emily Nicola DE Maria Chief Program Officer | Officer | 40 | $121,804 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Brad Cecil & Associates Consultant In Direct Mail Campaign | 9/29/21 | $1,056,876 |
Middleton Contruction Construction General Contractor | 9/29/21 | $510,173 |
Smart Meal Makers Llc Direct Fundraising | 9/29/21 | $126,300 |
See What I Mean Organizational Consulting | 9/29/21 | $110,071 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,000 |
| Related organizations | $0 |
| Government grants | $6,035,895 |
| All other contributions, gifts, grants, and similar amounts not included above | $134,061,018 |
| Noncash contributions included in lines 1a–1f | $87,224,386 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,106,913 |
| Total Program Service Revenue | $2,744,567 |
| Investment income | $337,985 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $47,546 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $143,237,011 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $91,803,942 |
| 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. | $1,027,514 |
| Compensation of current officers, directors, key employees. | $573,174 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,245,098 |
| Pension plan accruals and contributions | $261,197 |
| Other employee benefits | $1,090,320 |
| Payroll taxes | $626,278 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,249 |
| Fees for services: Lobbying | $23,786 |
| Fees for services: Fundraising | $79,000 |
| Fees for services: Investment Management | $19,008 |
| Fees for services: Other | $486,604 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $776,745 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $187,554 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $479,777 |
| Insurance | $320,257 |
| All other expenses | $456,851 |
| Total functional expenses | $117,649,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,914,986 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $219,865 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $12,745,100 |
| Inventories for sale or use | $4,849,831 |
| Prepaid expenses and deferred charges | $372,609 |
| Net Land, buildings, and equipment | $3,837,128 |
| Investments—publicly traded securities | $12,083,092 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $84,022,611 |
| Accounts payable and accrued expenses | $1,821,680 |
| Grants payable | $0 |
| Deferred revenue | $114,191 |
| 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 | $1,935,871 |
| Net assets without donor restrictions | $81,962,934 |
| Net assets with donor restrictions | $123,806 |
| 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 | $84,022,611 |
Grants Awarded
Over the last fiscal year, Central Texas Food Bank Inc has awarded $88,718,210 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
281 NONPROFIT AGENCIES THAT FEED HUNGRY PEOPLE PURPOSE: FOOD DISTRIBUTION PROGRAM | $86,203,311 |
Austin, TX PURPOSE: GENERAL PURPOSE GRANT | $277,464 |
TRAVIS HEIGHTS CHRISTIAN OUTREACH PURPOSE: CAPACITY GRANT & STARBUCKS FOOD PICKUP PROGRAM | $175,504 |
Austin, TX PURPOSE: CAPACITY GRANT | $150,000 |
Austin, TX PURPOSE: CAPACITY GRANT | $150,000 |
Georgetown, TX PURPOSE: CAPACITY GRANT | $140,132 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Central Texas Food Bank Inc has recieved totaling $130,550.
| Awarding Organization | Amount |
|---|---|
Beaumont Foundation Of America Beaumont, TX | | $100,000 |
Jack Webster Grigsby Foundation Shreveport, LA PURPOSE: UNRESTRICTED | $15,000 |
Mary And George Herbert Zimmerman Foundation Troy, MI PURPOSE: CHARIABLE | $8,500 |
Spectrum Charitable Foundation Round Rock, TX PURPOSE: BASIC HUMAN NEEDS | $5,000 |
Give Through Service Foundation Austin, TX PURPOSE: SUPPORT TO FIGHT HUNGER IN COMMUNITY | $1,050 |
Garlyn & Lajuan Shelton Christian Foundation Temple, TX PURPOSE: GENERAL FUND | $1,000 |
Endowment Analysis
| Beg. Balance | $151,094 |
| Ending Balance | $151,094 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Houston Food Bank Houston, TX | $174,736,730 | $452,622,380 |
El Pasoans Fighting Hunger El Paso, TX | $40,884,153 | $290,096,565 |
San Antonio Food Bank Inc San Antonio, TX | $108,784,731 | $224,409,662 |
North Texas Food Bank Plano, TX | $158,266,901 | $243,470,711 |
Tarrant Area Food Bank Fort Worth, TX | $50,743,185 | $143,106,183 |
Central Texas Food Bank Inc Austin, TX | $84,022,611 | $143,237,011 |
Roadrunner Food Bank Inc Albuquerque, NM | $51,163,005 | $120,843,441 |
Regional Food Bank Of Oklahoma Oklahoma City, OK | $36,553,416 | $95,465,627 |
Community Food Bank Of Eastern Oklahoma Inc Tulsa, OK | $69,259,421 | $97,549,817 |
Food Bank Of The Rio Grande Valley Inc McAllen, TX | $25,577,096 | $58,037,752 |
Regional East Texas Food Bank Tyler, TX | $32,550,822 | $58,808,251 |
Greater Baton Rouge Food Bank Inc Baton Rouge, LA | $22,656,649 | $36,802,762 |