We Care Food Pantry Inc
- Assets
- $744.9k
- Revenue
- $132.5k
- Investments
- $0.0
- Employees
- 9
- Location
- Homosassa, FL
- Founding
- 03/2010
- Data as of
- 12/2019
- EIN
- 80-0552092
Organization Overview
We Care Food Pantry Inc is located in Homosassa, FL. The organization was established in 2010. 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 12/2018, We Care Food Pantry Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. We Care Food Pantry 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 12/2019, We Care Food Pantry Inc generated $132.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $290.5k during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP SOLVE THE PROBLEM OF HUNGER AFFECTING COUNTLESS FAMILIES, SENIORS AND HOMELESS BY OFFERING THEM A HAND UP
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE CARE FOOD PANTRY, INC. IS THE LARGEST FOOD PANTRY IN ITS FOUR COUNTY SERVICE AREA, DISTRIBUTING MORE THEM 3 MILLION POUNDS OF FOOD AND HOUSEHOLD ITEMS TO ITS NEIGHBORS IN NEED. IN 2018 WE CARE FOOD PANTRY, INC. WAS ABLE TO POSITIVELY AFFECT THE LIVES OF THOUSANDS IN ADDITION TO THE CLIENT BASE IT SERVES BY PARTNERING WITH 31 OTHER AGENCIES THROUGH OUT CITRUS, SUMTER, HERNANDO AND MARION COUNTIES. THE PROCUREMENT DEPARTMENT WAS ABLE TO PROCURE FOOD AND OTHER ESSENTIALS WITHIN THE STATE OF FLORIDA AS WELL AS NATIONWIDE AS WELL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Byrne Operations | Officer | 0 | $40,500 |
Diane Toto President | OfficerTrustee | 0 | $19,500 |
Francesca Paar Vice President | OfficerTrustee | 0 | $0 |
Robert Eldredge Treasurer | OfficerTrustee | 0 | $0 |
Michelle Adams Secretary | OfficerTrustee | 0 | $0 |
David Caldwell Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $130,538 |
| Investment income | $1,994 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $132,532 |
| Statement of Expenses | |
|---|---|
| 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. | $92,736 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,330 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,590 |
| Fees for services: Management | $8,516 |
| Fees for services: Legal | $1,000 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $2,750 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,643 |
| Office expenses | $12,975 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24,474 |
| Travel | $2,519 |
| 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 | $47,109 |
| Insurance | $9,399 |
| All other expenses | $20,481 |
| Total functional expenses | $290,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,499 |
| Savings and temporary cash investments | $74,378 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $200 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,530 |
| Total assets | $744,919 |
| Accounts payable and accrued expenses | $7,606 |
| 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 | $0 |
| Total liabilities | $7,606 |
| Net assets without donor restrictions | $979,260 |
| Net assets with donor restrictions | $1,530 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $737,313 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that We Care Food Pantry Inc has recieved totaling $20,396.
| Awarding Organization | Amount |
|---|---|
Ted Williams Museum And Hitters Hall Of Fame Inc Hernando, FL PURPOSE: CHARITABLE | $10,000 |
Thrivent Charitable Impact & Investing Appleton, WI PURPOSE: GENERAL SUPPORT | $10,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $196 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harry Chapin Food Bank Of Southwest Florida Inc Fort Myers, FL | $18,984,234 | $69,611,824 |
Montgomery Area Food Bank Inc Montgomery, AL | $21,621,044 | $72,895,777 |
Regional Food Bank Of Northeast Florida Inc Jacksonville, FL | $13,173,202 | $61,079,810 |
Feeding The Gulf Coast Theodore, AL | $30,651,678 | $51,935,641 |
Treasure Coast Food Bank Incorporated Fort Pierce, FL | $14,946,349 | $36,277,666 |
All Faiths Food Bank Inc Sarasota, FL | $32,200,076 | $40,886,490 |
Second Harvest Of South Georgia Inc Valdosta, GA | $19,828,071 | $36,132,665 |
Golden Harvest Food Bank Inc Augusta, GA | $21,730,028 | $42,603,313 |
Community Food Bank Of Central Alabama Birmingham, AL | $19,652,655 | $33,855,843 |
Americas Second Harvest Of The Big Bend Inc Tallahassee, FL | $12,388,612 | $30,655,401 |
Food Bank Of North Alabama Huntsville, AL | $10,177,095 | $27,553,335 |
Middle Georgia Community Food Bank Inc Macon, GA | $8,547,725 | $23,736,879 |