Carteret Local Food Network
- Assets
- $10.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Gloucester, NC
- Founding
- 02/2016
- Data as of
- 12/2023
- EIN
- 81-1345836
Organization Overview
Carteret Local Food Network is located in Gloucester, NC. The organization was established in 2016. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carteret Local Food Network 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 12/2023, Carteret Local Food Network generated $123.3k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $128.3k during the year ending 12/2023. While expenses have increased by 4.6% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catherine Elkins President | 30 | $0 | |
Joann Maclane Secretary | 1 | $0 | |
Lali Rumke Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,827 |
| Total Program Service Revenue | $43,424 |
| Membership dues | $0 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $123,252 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $71,471 |
| Professional fees and other payments to independent contractors | $1,224 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $96 |
| Other expenses | $55,477 |
| Total expenses | $128,268 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $544 |
| Other assets | $0 |
| Total assets | $10,439 |
| Total liabilities | $397 |
| Net assets or fund balances | $10,042 |