Community Food Bank Of Citrus County Inc
- Assets
- $1.7m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 11
- Location
- Homosassa, FL
- Founding
- 09/2009
- Data as of
- 12/2022
- EIN
- 80-0459100
Organization Overview
Community Food Bank Of Citrus County Inc, operating under the name Community Food Bank, is located in Homosassa, FL. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Community Food Bank employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community 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 12/2022, Community Food Bank generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 12.2% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE COMMUNITY FOOD BANK IS TO BE THE DRIVING FORCE TO PROMOTE AWARENESS, INSPIRE INVOLVEMENT AND END HUNGER IN THE COMMUNITIES IT SERVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STOPPING HUNGER, FILLING GAPS IN BASIC NEEDS, AND PROVIDING EQUITABLE PATHWAYS TO PERSONAL PROSPERITY IS THE VISION OF THE COMMUNITY FOOD BANK AND OUR 62 PARTNERS. SINCE WE OPENED IN 2013, THE COMMUNITY FOOD BANK, OUR BOARD, EMPLOYEES AND VOLUNTEERS HAVE WORKED TIRELESSLY TO ENSURE NO ONE GOES HUNGRY. TEN YEARS LATER AND WE ARE SUPPLYING OVER 5 MILLION MEALS TO OVER 70,000 NEIGHBORS IN NEED THROUGH 62 PARTNERS ACROSS 3 COUNTIES. BUT WE DO NOT STOP AT ENDING HUNGER, WE WANT TO NOURISH HOPE, THUS PROVIDING ASSISTANCE TO SELF-SUSTAINABILITY AND PROSPERITY IN ANY CRISIS SITUATION OR DISASTER. AGENCY PARTNERS ARE KEPT UP TO DATE AND CONNECTED TO THE SERVICE PROVIDERS THAT THEIR CLIENTS NEED THE MOST. OUR CELLULAR CHARGING STATIONS PROVIDE POWER FOR CLIENT DEVICES AT THE PANTRIES WHILE PANTRY VOLUNTEERS PROVIDE EMPOWERMENT TO CLIENTS TO NAVIGATE RESOURCES AND EVEN MAKE DIFFICULT CALLS TO FAMILY AND FRIENDS FOR SUPPORT. MANY OF OUR STAFF AND VOLUNTEERS ARE ACTUALLY DISTRIBUTION CLIENTS ENCOURAGED TO GAIN SKILLS, PAY IT FORWARD, OR JUST RETAIN THEIR DIGNITY BY ASSISTING IN OUR OPERATIONS. EACH OF US KNOWS THAT A LIFE-CHANGING IMPACT CAN BEGIN WITH A SIMPLE MEAL AND WE ARE DEDICATED TO FACILITATING THE REMOVAL OF BARRIERS TO EACH CLIENT'S PATCH TO PROSPERITY. WE KNOW WE ARE BETTER TOGETHER AND IT IS OUR MISSION TO ENSURE THAT NO ONE GOES HUNGRY AND THAT WE NOURISH THE HOPE EACH AND EVERY NEIGHBOR IN NEED IN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Ponticos President | Officer | 1 | $0 |
Ed Gruber Treasurer | Officer | 1 | $0 |
Steven Hilsdon Secretary | Officer | 0.5 | $0 |
Bev Goethe Director | Trustee | 0.25 | $0 |
Foster Lamm Director | Trustee | 0.25 | $0 |
Cynthia Lopell Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $222,477 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $281,326 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $503,803 |
| Total Program Service Revenue | $1,103,366 |
| Investment income | $1,523 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$52,094 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,556,598 |
| 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. | $89,744 |
| Compensation of current officers, directors, key employees. | $89,744 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $253,292 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,742 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,140 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,146 |
| Advertising and promotion | $1,546 |
| Office expenses | $15,609 |
| Information technology | $2,574 |
| Royalties | $0 |
| Occupancy | $25,368 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,382 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $56,793 |
| Insurance | $26,860 |
| All other expenses | $21,118 |
| Total functional expenses | $1,446,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,810 |
| Savings and temporary cash investments | $618,061 |
| Pledges and grants receivable | $4,000 |
| Accounts receivable, net | $43,848 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $43,541 |
| Prepaid expenses and deferred charges | $35,527 |
| Net Land, buildings, and equipment | $824,050 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,549 |
| Total assets | $1,737,386 |
| Accounts payable and accrued expenses | $20,633 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $362,616 |
| Total liabilities | $383,249 |
| Net assets without donor restrictions | $1,354,137 |
| Net assets with donor restrictions | $0 |
| 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 | $1,737,386 |