Food Bank Coalition Of San Luis Obispo County
- Assets
- $12.8m
- Revenue
- $10.5m
- Investments
- $0.0
- Employees
- 45
- Location
- San Luis Obispo, CA
- Founding
- 12/1988
- Data as of
- 12/2022
- EIN
- 77-0210727
Organization Overview
Food Bank Coalition Of San Luis Obispo County is located in San Luis Obispo, CA. 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 12/2022, Food Bank Coalition Of San Luis Obispo County employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Bank Coalition Of San Luis Obispo County 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 12/2022, Food Bank Coalition Of San Luis Obispo County generated $10.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $7.9m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.6%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROCUREMENT AND DISTRIBUTION OF FOOD TO AGENCIES SERVING THE NEEDY
Describe the Organization's Program Activity:
Part 3 - Line 4a
AGENCY PARTNERS - THE SLO FOOD BANK WAREHOUSE SERVES AS A HUB THAT SUPPLIES FOOD TO A COALITION OF 80 NON-PROFIT AGENCIES THROUGHOUT SAN LUIS OBISPO COUNTY. THESE PARTNERS INCLUDE CHURCH PANTRIES, FREE MEAL SITES, AFTER-SCHOOL PROGRAMS, HOMELESS SHELTERS, RECOVERY HOMES, WOMEN'S SHELTERS, AND MORE AND OFFER FREE FOOD TO THOSE EXPERIENCING FOOD INSECURITY THROUGHOUT SLO COUNTY.
DIRECT SERVICES- OUR NEIGHBORHOOD FOOD DISTRIBUTIONS DELIVER NUTRITIOUS FOOD TO EVERY COMMUNITY WITHIN SAN LUIS OBISPO COUNTY. THE SLO FOOD BANK USES FEDERAL, STATE, AND LOCAL DATA ON FOOD INSECURITY TO TARGET LOCATIONS OF THE HIGHEST NEED WITHIN OUR COUNTY. OUR STAFF AND FLEET OF REFRIGERATED TRUCKS DELIVER NUTRITIOUS FOOD DIRECTLY TO THESE SITES AND WORK ALONGSIDE OUR VOLUNTEER CORPS TO ENSURE ADEQUATE ACCESS TO HEALTHY FOOD.
NUTRITION EDUCATION PROGRAM- THE SLO FOOD BANK BELIEVES HEALTHY FOOD CHOICES IMPROVE OUR COMMUNITY'S OVERALL PHYSICAL, SOCIAL, AND EMOTIONAL WELL-BEING. WE EMPOWER PARTICIPANTS TO MAKE HEALTHY CHOICES THROUGH OUTREACH AND EDUCATION. THIS PROGRAM INCLUDES CHILDRENS AND SENIORS FARMERS' MARKETS, BREAKFAST BAG PROGRAM FOR SCHOOL-AGED CHILDREN, NUTRITION OUTREACH CLASSES AND DISTRIBUTION OF EDUCATIONAL MATERIALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Simonin Chair | OfficerTrustee | 3 | $0 |
Ryan Caldwell Vice Chair | OfficerTrustee | 2.5 | $0 |
Mike Quamma Treasurer | OfficerTrustee | 3 | $0 |
Molly Kern COO | Officer | 40 | $15,982 |
Morgan Voss Secretary | OfficerTrustee | 1.5 | $0 |
Donna Lewis Immediate Past Chair | OfficerTrustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,522,001 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,624,346 |
| Noncash contributions included in lines 1a–1f | $3,979,204 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,146,347 |
| Total Program Service Revenue | $158,339 |
| Investment income | $101,564 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $110,631 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,516,881 |
| 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. | $159,282 |
| Compensation of current officers, directors, key employees. | $27,658 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,346,962 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $124,172 |
| Payroll taxes | $121,848 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $192,602 |
| Advertising and promotion | $49,398 |
| Office expenses | $149,604 |
| Information technology | $113,672 |
| Royalties | $0 |
| Occupancy | $182,945 |
| Travel | $18,370 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $127,772 |
| Insurance | $89,946 |
| All other expenses | $92,433 |
| Total functional expenses | $7,866,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,536,319 |
| Savings and temporary cash investments | $684,768 |
| Pledges and grants receivable | $232,223 |
| Accounts receivable, net | $10,725 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $515,499 |
| Prepaid expenses and deferred charges | $1,025 |
| Net Land, buildings, and equipment | $3,383,782 |
| Investments—publicly traded securities | $2,887,597 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $580,764 |
| Total assets | $12,832,702 |
| Accounts payable and accrued expenses | $222,696 |
| Grants payable | $0 |
| Deferred revenue | $53,016 |
| 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 | $93,057 |
| Total liabilities | $368,769 |
| Net assets without donor restrictions | $12,204,006 |
| Net assets with donor restrictions | $259,927 |
| 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 | $12,832,702 |