Pantry Of Broward Inc
- Assets
- $7.2m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 13
- Location
- Fort Lauderdale, FL
- Founding
- 09/2007
- Data as of
- 10/2023
- EIN
- 74-3215234
Organization Overview
Pantry Of Broward Inc is located in Fort Lauderdale, FL. The organization was established in 2007. According to its NTEE Classification (K35) the organization is classified as: Soup Kitchens, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 10/2023, Pantry Of Broward Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pantry Of Broward 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 10/2023, Pantry Of Broward Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $1.7m during the year ending 10/2023. While expenses have increased by 11.7% 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
PROCURING AND DISTRIBUTING FOOD AND ANCILLARY SERVICES TO WORKING AND RETIRED INDIVIDUALS WHO ARE ECONOMICALLY CHALLENGED AND GRANDPARENTS IN NEED WHO ARE RAISING GRANDCHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS A "ONE-STOP SHOP" FOR SENIORS (AGES 60+) STRUGGLING TO LIVE ON LOW FIXED INCOMES AND GRANDPARENTS RAISING THEIR GRANDCHILDREN. EACH OF ITS CLIENTS MEET WITH THE DIRECTOR OF CLIENT SERVICES TO REGULARLY TO REVIEW THEIR INDIVIDUAL NEEDS AND DETERMINE HOW THE ORGANIZATION CAN BEST HELP THEM. TYPICAL SERVICES PROVIDED INCLUDE:1)PROVIDING HUNGER ASSISTANCE BY PROVIDING 425 CLIENTS WITH A 55-POUND BOX OF NUTRITIONAL FOOD, INCLUDING FRESH FRUITS AND VEGETABLES AND BREAD. TO FURTHER PROVIDE HUNGER ASSISTANCE, THE ORGANIZATION SERVES AS A COMMUNITY PARTNER FOR THE DEPARTMENT OF CHILDREN AND FAMILIES AND CAN ASSIST QUALIFIED CLIENTS WITH APPLYING FOR FOOD STAMP BENEFITS. THE ORGANIZATION ESTIMATES THAT THIS FOOD HELPS 1,000 INDIVIDUALS EACH MONTH, INCLUDING 165 GRANDCHILDREN.2)THE ORGANIZATION SERVES AS A RESOURCE FOR IDENTIFYING SUBSIDIZED SENIOR HOUSING OPPORTUNITIES AND GUIDES CLIENTS THROUGH THE APPROVAL PROCESS, ADVOCATING FOR THEM AS NEEDED. IN ADDITION, THE ORGANIZATION PARTNERS WITH AREA BUSINESSES TO PROVIDE HOME REPAIR SERVICES IN AN EFFORT TO CREATE A SAFER AND MORE SECURE LIVING ENVIRONMENT AND OFFERS EMERGENCY ASSISTANCE WITH UTILITY AND RENT PAYMENTS.3)GRANDPARENTS THRUST INTO THE ROLE OF CARING FOR THEIR GRANDCHILDREN OFTEN NEED ASSISTANCE WITH OBTAINING BENEFITS FOR THOSE CHILDREN AND NEED LEGAL CUSTODY TO APPLY FOR THOSE BENEFITS. THE ORGANIZATION WALKS THOSE CLIENTS THROUGH THE PROPER CHANNELS SO THAT THEY CAN WORK THROUGH THE COURT SYSTEM TO OBTAIN THAT CUSTODY. ONCE THE CUSTODY IS RECEIVED, THE ORGANIZATION PROVIDES ITS CLIENTS WITH ASSISTANCE IN OBTAINING ALL THE BENEFITS TO WHICH THEY ARE ENTITLED AND PROVIDES THE KIDS WITH SCHOOL SUPPLIES AND HOLIDAY GIFTS.4)THE ORGANIZATION ALSO ASSISTS ITS CLIENTS WITH GUIDANCE TO AFFORDABLE HEALTHCARE AND MEDICATION, AS WELL AS ASSISTING THEM WITH THEIR UNIQUE INDIVIDUAL NEEDS AND GUIDANCE TO AFFORDABLE HEALTHCARE AND MEDICATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ej Spector Chair | OfficerTrustee | 5 | $0 |
Steven Daigle Secretary | OfficerTrustee | 5 | $0 |
Bob D'angelo Treasurer | OfficerTrustee | 5 | $0 |
Kerrie Houchens Board Member | Trustee | 5 | $0 |
Thomas Mullin Board Member | Trustee | 5 | $0 |
Henry Pisano Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $298,701 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,279,499 |
| Noncash contributions included in lines 1a–1f | $684,101 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,578,200 |
| Total Program Service Revenue | $0 |
| Investment income | $43,210 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$79,200 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,611,055 |
| 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. | $105,770 |
| Compensation of current officers, directors, key employees. | $22,212 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $462,139 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,782 |
| Payroll taxes | $43,874 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,647 |
| Fees for services: Other | $0 |
| Advertising and promotion | $6,678 |
| Office expenses | $4,862 |
| Information technology | $28,583 |
| Royalties | $0 |
| Occupancy | $35,667 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,959 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,359 |
| Insurance | $9,216 |
| All other expenses | $8,349 |
| Total functional expenses | $1,720,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $865,338 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $55,693 |
| Prepaid expenses and deferred charges | $16,165 |
| Net Land, buildings, and equipment | $736,230 |
| Investments—publicly traded securities | $758,672 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,718,025 |
| Total assets | $7,150,123 |
| Accounts payable and accrued expenses | $35,632 |
| Grants payable | $0 |
| Deferred revenue | $184,927 |
| 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 | $3,065 |
| Unsecured mortgages and notes payable | $150,000 |
| Other liabilities | $0 |
| Total liabilities | $373,624 |
| Net assets without donor restrictions | $2,058,474 |
| Net assets with donor restrictions | $4,718,025 |
| 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 | $7,150,123 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pantry Of Broward Inc Fort Lauderdale, FL | $7,150,123 | $1,611,055 |
Rose Of Sharon Inc Huntsville, AL | $88,479 | $634,811 |
Wildwood Soup Kitchen Inc Wildwood, FL | $394,479 | $433,344 |
Rome-Floyd County Community Soup Kitchen Inc Rome, GA | $803,536 | $252,354 |
Straight Street Inc Orlando, FL | $1,020 | $0 |
Our Fathers Table Ii Inc Vero Beach, FL | $193,667 | $0 |
Graces Kitchen Bessemer, AL | $104,635 | $0 |
Abundant Life Soup Kitchen Inc Griffin, GA | $144,230 | $0 |
Eternal Happiness Foundation Troy, AL | $5,000 | $0 |
Aleahas Palace Inc Villa Rica, GA | $0 | $0 |