Regional East Texas Food Bank
- Assets
- $32.6m
- Revenue
- $58.8m
- Investments
- $0.0
- Employees
- 79
- Location
- Tyler, TX
- Founding
- 07/1988
- Data as of
- 06/2021
- EIN
- 75-2222686
Organization Overview
Regional East Texas Food Bank is located in Tyler, TX. The organization was established in 1988. 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 06/2021, Regional East Texas Food Bank employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Regional East Texas Food Bank 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 06/2021, Regional East Texas Food Bank generated $58.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $43.9m during the year ending 06/2021. While expenses have increased by 6.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE EAST TEXAS FOOD BANK EXISTS TO FIGHT HUNGER AND FEED HOPE IN EAST TEXAS. WE SERVE 26 COUNTIES IN EAST TEXAS THROUGH OVER 200 PARTNER AGENCIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN THE FISCAL YEAR ENDED 6/30/2021, THE EAST TEXAS FOOD BANK WORKED WITH APPROXIMATELY 200 AGENCIES PROVIDING FOOD, SUPPORT AND EDUCATION TO OVER 111,000 HOUSEHOLDS IN 26 EAST TEXAS COUNTIES BY DISTRIBUTING 24.9 MILLION MEALS, ASSISTING INDIVIDUALS IN OBTAINING CRITICAL ONGOING SUPPORT SERVICES INCLUDING FOOD STAMPS AND MEDICAL CARE AND ENCOURAGING EDUCATION FOR BOTH CHILDREN AND ADULTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Cullinane Ceo/executive Director | Officer | 39 | $192,703 |
Leslie Harrison Secretary | OfficerTrustee | 5 | $0 |
Bryan Jacobe Immediate Past Chairman | OfficerTrustee | 1 | $0 |
Bill Mohl Chairman | OfficerTrustee | 5 | $0 |
Cathy Schreiber Treasurer | OfficerTrustee | 5 | $0 |
Michele Bosworth Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $25,830 |
| Related organizations | $39,244 |
| Government grants | $20,467,614 |
| All other contributions, gifts, grants, and similar amounts not included above | $39,230,728 |
| Noncash contributions included in lines 1a–1f | $27,988,933 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,763,416 |
| Total Program Service Revenue | $704,573 |
| Investment income | $2,134 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,000 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,718,893 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $58,808,251 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $37,580,763 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $213,610 |
| Compensation of current officers, directors, key employees. | $146,109 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,451,951 |
| Pension plan accruals and contributions | $35,790 |
| Other employee benefits | $426,385 |
| Payroll taxes | $186,299 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $41,723 |
| Fees for services: Accounting | $52,293 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $202,158 |
| Advertising and promotion | $149,096 |
| Office expenses | $228,546 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $253,200 |
| Travel | $61,530 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,104 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $575,397 |
| Insurance | $69,805 |
| All other expenses | $92,313 |
| Total functional expenses | $43,889,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,754 |
| Savings and temporary cash investments | $17,578,706 |
| Pledges and grants receivable | $991,305 |
| Accounts receivable, net | $44,382 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,750,476 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $6,524,668 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,654,531 |
| Total assets | $32,550,822 |
| Accounts payable and accrued expenses | $414,163 |
| Grants payable | $0 |
| Deferred revenue | $11,429 |
| 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 | $15,714 |
| Total liabilities | $441,306 |
| Net assets without donor restrictions | $30,593,252 |
| Net assets with donor restrictions | $1,516,264 |
| 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 | $32,550,822 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Regional East Texas Food Bank has recieved totaling $50,800.
| Awarding Organization | Amount |
|---|---|
Beaumont Foundation Of America Beaumont, TX | | $50,000 |
A S Genecov Foundation Tyler, TX PURPOSE: PUBLIC SERVICE | $800 |
Endowment Analysis
| Beg. Balance | $2,982,462 |
| Earnings | $747,246 |
| Admin Expense | $33,578 |
| Other Expense | $41,599 |
| Ending Balance | $3,654,531 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Montgomery County Food Bank Inc Conroe, TX | $14,255,524 | $35,807,870 |
Community Food Bank Fort Worth, TX | $2,422,888 | $29,642,278 |
Coastal Bend Food Bank Corpus Christi, TX | $28,051,573 | $41,735,724 |
Northwest Arkansas Food Bank Bethel Heights, AR | $9,867,832 | $24,502,827 |