Community Food Bank Of Citrus County Inc
- Assets
- $1.3m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 21
- Location
- Homosassa, FL
- Founding
- 09/2009
- Data as of
- 12/2021
- EIN
- 80-0459100
Organization Overview
Community Food Bank Of Citrus County Inc 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 12/2021, Community Food Bank Of Citrus County Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Food Bank Of Citrus County 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 12/2021, Community Food Bank Of Citrus County Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 9.0% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE COMMUNITY FOOD BANK SERVES AS THE COMMERCIAL-LEVEL FOOD RELIEF HUB FOR OVER 60 PANTRIES, MEAL PROGRAMS AND SHELTERS IN CITRUS, HERNANDO AND SUMTER COUNTIES. TO ACHIEVE ITS VISION OF HUNGER-FREE COMMUNITY, WE ACQUIRED AND DISTRIBUTED 5 MILLION POUNDS OF NUTRITIOUS FOODS AND SUPPLIES THROUGH COLLABORATIVE PARTNERS TO ENSURE NO ONE GOES HUNGRY. OUR PROGRAMS RESCUE FOODS FROM SUPERMARKETS, SECURE DONATIONS FROM MANUFACTURERS AND FARMS AND LEVERAGE OUR BULK BUYING POWER FOR WHOLESALE GOODS. WE KNOW THAT TOGETHER WE END HUNGER AND NOURISH HOPE IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMMUNITY FOOD BANK SERVES AS THE COMMERICAL-LEVEL FOOD RELIEF HUB FOR OVER 60 PANTRIES, MEAL PROGRAMS, AND SHELTERS IN CITRUS, HERNANDO, AND SUMTER COUNTIES. TO ACHIEVE OUR VISION OF HUNGER-FREE COMMUNITY, WE ACQUIRED AND DISTRIBUTED 5 MILLION POUNDS OF NUTRITIOUS FOODS AND SUPPLIES THROUGH COLLABORATIVE PARTNERS TO ENSURE NO ONE GOES HUNGRY. OUR PROGRAMS RESCUE FOODS FROM SUPERMARKETS, SECURE DONATIONS FROM MANUFACTURERS AND FARMS, AND LEVERAGE OUR BULK BUYING POWER FOR WHOLESALE GOODS. WE KNOW THAT TOGETHER WE END HUNGER AND NORISH HOPE IN OUR COMMUNITY.
THE COMMUNITY FOOD BANK SERVES AS THE COMMERICAL-LEVEL FOOD RELIEF HUB FOR OVER 60 PANTRIES, MEAL PROGRAMS, AND SHELTERS IN CITRUS, HERNANDO, AND SUMTER COUNTIES. TO ACHIEVE OUR VISION OF HUNGER-FREE COMMUNITY, WE ACQUIRED AND DISTRIBUTED 5 MILLION POUNDS OF NUTRITIOUS FOODS AND SUPPLIES THROUGH COLLABORATIVE PARTNERS TO ENSURE NO ONE GOES HUNGRY. OUR PROGRAMS RESCUE FOODS FROM SUPERMARKETS, SECURE DONATIONS FROM MANUFACTURERS AND FARMS, AND LEVERAGE OUR BULK BUYING POWER FOR WHOLESALE GOODS. WE KNOW THAT TOGETHER WE END HUNGER AND NORISH HOPE IN OUR COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Sprauge Executive Director | Officer | 40 | $74,769 |
Mike Orlito President | OfficerTrustee | 5 | $0 |
Ed Gruber Treasurer | OfficerTrustee | 5 | $0 |
Steve Hilsdon Secretary | OfficerTrustee | 5 | $0 |
Steve Ponticos Vice-President | Officer | 0.5 | $0 |
Jj Kenney Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $218,988 |
| Related organizations | $0 |
| Government grants | $140,962 |
| All other contributions, gifts, grants, and similar amounts not included above | $303,430 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $663,380 |
| Total Program Service Revenue | $708,447 |
| Investment income | $1,471 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$56,841 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,316,457 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $74,769 |
| Other salaries and wages | $226,185 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $19,680 |
| Payroll taxes | $23,561 |
| Fees for services: Management | $8,336 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,735 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,332 |
| Advertising and promotion | $8,151 |
| Office expenses | $6,642 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,126 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,014 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $39,308 |
| Insurance | $22,200 |
| All other expenses | $30,190 |
| Total functional expenses | $1,180,904 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $145,311 |
| Savings and temporary cash investments | $638,588 |
| Pledges and grants receivable | $19,555 |
| 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 | $47,959 |
| Prepaid expenses and deferred charges | $28,400 |
| Net Land, buildings, and equipment | $400,738 |
| Investments—publicly traded securities | $51,974 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,381 |
| Total assets | $1,333,906 |
| Accounts payable and accrued expenses | $43,494 |
| Grants payable | $0 |
| Deferred revenue | $32,857 |
| 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 | $0 |
| Total liabilities | $76,351 |
| Net assets without donor restrictions | $1,257,555 |
| 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 | $1,333,906 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Community Food Bank Of Citrus County Inc has recieved totaling $58,000.
| Awarding Organization | Amount |
|---|---|
Black Diamond Foundation Inc Lecanto, FL PURPOSE: Warehouse acquisition, general operation | $57,000 |
Mico Foundation Inc Chattanooga, TN PURPOSE: GENERAL FUND/PROGRAM SUPPORT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montgomery Community Action Committee Montgomery, AL | $13,253,001 | $19,355,950 |
Society Of St Vincent De Paul South Pinellas Inc St Petersburg, FL | $20,224,703 | $21,064,190 |
Community Service Programs Of West Alabama Inc Tuscaloosa, AL | $11,169,657 | $19,088,639 |
Catholic Charities Bureau Jacksonville, FL | $12,649,665 | $19,074,889 |
St Johns County Welfare Federation St Augustine, FL | $11,404,486 | $15,403,737 |
Coastal Georgia Area Community Action Authority Inc Brunswick, GA | $8,853,505 | $18,530,212 |
Changing Homelessness Inc Jacksonville, FL | $1,897,568 | $14,269,486 |
University Of Alabama Ophthalmology Services Foundation Birmingham, AL | $3,172,403 | $13,818,197 |
Hope Villages Of America Inc Clearwater, FL | $6,400,993 | $13,661,683 |
U S Space & Rocket Center Education Foundation Huntsville, AL | $18,280,145 | $26,134,184 |
Community Action Program Inc Pensacola, FL | $1,817,125 | $12,881,444 |
Automotive Aftermarket Association Southeast Health Fund Montgomery, AL | $888,375 | $12,395,120 |