Montgomery County Food Bank Inc
- Assets
- $14.3m
- Revenue
- $35.8m
- Investments
- $0.0
- Employees
- 36
- Location
- Conroe, TX
- Founding
- 10/1985
- Data as of
- 06/2021
- EIN
- 76-0153892
Organization Overview
Montgomery County Food Bank Inc is located in Conroe, TX. The organization was established in 1985. 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, Montgomery County Food Bank Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montgomery County 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 06/2021, Montgomery County Food Bank Inc generated $35.8m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $33.1m during the year ending 06/2021. While expenses have increased by 13.0% 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 MISSION OF THE MONTGOMERY COUNTY FOOD BANK IS UNITING OUR COMMUNITY TO FIGHT HUNGER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AT MONTGOMERY COUNTY FOOD BANK, OUR VISION IS A COMMUNITY WHERE EVERYONE HAS ACCESS TO SUFFICIENT, NUTRITIOUS FOOD. THROUGH OUR NETWORK OF MORE THAN 70 PARTNER AGENCIES, INDEPENDENT SCHOOL DISTRICTS, AND MOBILE MARKET PROGRAMS, WE DISTRIBUTED OVER 11 MILLION MEALS TO APPROXIMATELY 65,750 INDIVIDUALS EACH MONTH IN THE FISCAL YEAR 2020-2021. ADDITIONALLY, MONTGOMERY COUNTY FOOD BANK WORKS IN PARTNERSHIP WITH LOCAL FOOD RETAILERS AND WHOLESALERS TO PROVIDE A SOLUTION FOR FOOD WASTE BY RESCUING PRODUCE THAT WOULD OTHERWISE GO TO THE LANDFILL. AS A PART OF OUR GREEN INTITIATIVES PROGRAM, THE FOOD BANK OPERATES AN ONSITE PRODUCE RESCUE CENTER THAT ALLOWS US TO DISTIBUTE FRESH FRUITS AND VEGETABLES, EMPHASIZING THE IMPORTANCE OF SUSTAINABILITY AND HEALTH FOOD CHOICES. IN FISCAL YEAR 2020-2021, (CONTINUED FROM PAGE TWO) 44.3% OF THE TOTAL PRODUCE DISTRIBUTION WAS FRESH FRUITS AND VEGETABLES.
AT MONTGOMERY COUNTY FOOD BANK, OUR VISION IS A COMMUNITY WHERE EVERYONE HAS ACCESS TO SUFFICIENT, NUTRITIOUS FOOD. THROUGH OUR NETWORK OF MORE THAN 70 PARTNER AGENCIES, INDEPENDENT SCHOOL DISTRICTS, AND MOBILE MARKET PROGRAMS, WE DISTRIBUTED OVER 11 MILLION MEALS TO APPROXIMATELY 65,750 INDIVIDUALS EACH MONTH IN THE FISCAL YEAR 2020-2021. ADDITIONALLY, MONTGOMERY COUNTY FOOD BANK WORKS IN PARTNERSHIP WITH LOCAL FOOD RETAILERS AND WHOLESALERS TO PROVIDE A SOLUTION FOR FOOD WASTE BY RESCUING PRODUCE THAT WOULD OTHERWISE GO TO THE LANDFILL. AS A PART OF OUR GREEN INTITIATIVES PROGRAM, THE FOOD BANK OPERATES AN ONSITE PRODUCE RESCUE CENTER THAT ALLOWS US TO DISTIBUTE FRESH FRUITS AND VEGETABLES, EMPHASIZING THE IMPORTANCE OF SUSTAINABILITY AND HEALTH FOOD CHOICES. IN FISCAL YEAR 2020-2021, (CONTINUED FROM PAGE TWO) 44.3% OF THE TOTAL PRODUCE DISTRIBUTION WAS FRESH FRUITS AND VEGETABLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John M Kreger Chief Operations Officer | Officer | 40 | $89,633 |
Robert E Bates Chief Financial Officer | Officer | 40 | $77,055 |
Kristine M Marlow President & CEO | Officer | 40 | $40,385 |
Jim Wolf Treasurer | OfficerTrustee | 0.5 | $0 |
Gill Staley Secretary | OfficerTrustee | 0.5 | $0 |
Kelly Holmes Chairman | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $662,147 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,639,659 |
| Noncash contributions included in lines 1a–1f | $28,849,688 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,301,806 |
| Total Program Service Revenue | $145,162 |
| Investment income | $375 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,802 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $337,725 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $35,807,870 |
| 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. | $304,909 |
| Compensation of current officers, directors, key employees. | $60,982 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,143,106 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $123,935 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,010 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $35,738 |
| Information technology | $69,685 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,493 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $33,787 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $323,875 |
| Insurance | $258,901 |
| All other expenses | $200,350 |
| Total functional expenses | $33,069,838 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,856,191 |
| Savings and temporary cash investments | $251,396 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,480 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,647,874 |
| Prepaid expenses and deferred charges | $12,167 |
| Net Land, buildings, and equipment | $5,433,416 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $14,255,524 |
| Accounts payable and accrued expenses | $72,709 |
| Grants payable | $0 |
| Deferred revenue | $795,153 |
| 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 | $815,617 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,683,479 |
| Net assets without donor restrictions | $11,895,245 |
| Net assets with donor restrictions | $676,800 |
| 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 | $14,255,524 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Montgomery County Food Bank Inc has recieved totaling $30,750.
| Awarding Organization | Amount |
|---|---|
Beaumont Foundation Of America Beaumont, TX | | $30,000 |
Nowiczewski Foundation Montgomery, TX PURPOSE: CHARITY | $500 |
Strickland Foundation Tr The Woodlands, TX PURPOSE: DONATION | $250 |
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 |