Idaho Foodbank Warehouse
- Assets
- $37.5m
- Revenue
- $57.7m
- Investments
- $0.0
- Employees
- 101
- Location
- Meridian, ID
- Founding
- 08/1993
- Data as of
- 04/2023
- EIN
- 82-0425400
Organization Overview
Idaho Foodbank Warehouse is located in Meridian, ID. The organization was established in 1993. 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 04/2023, Idaho Foodbank Warehouse employed 101 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idaho Foodbank Warehouse 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 04/2023, Idaho Foodbank Warehouse generated $57.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $60.6m during the year ending 04/2023. While expenses have increased by 8.0% per year over the past 8 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.
Since 2015, Idaho Foodbank Warehouse has awarded 2,952 individual grants totaling $290,649,601. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP FEED, EDUCATE AND ADVOCATE FOR IDAHO'S HUNGRY THROUGH COLLABORATIVE PARTNERSHIPS TO DEVELOP EFFICIENT SOLUTIONS THAT STRENGTHEN INDIVIDUALS, FAMILIES, AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT & INDIRECT FOOD DISTRIBUTION: THE IDAHO FOODBANK OPERATES WAREHOUSE FACILITIES IN MERIDIAN, LEWISTON, AND POCATELLO, DISTRIBUTING DONATED AND PURCHASED FOOD TO A STATEWIDE NETWORK OF 440 COMMUNITY PARTNERS IN ALL 44 IDAHO COUNTIES. COMMUNITY PARTNERS INCLUDE SCHOOLS, CHURCHES, PANTRIES, SOUP KITCHENS, SHELTERS, SENIOR CENTERS, AND SUPPLEMENTAL FOOD PROGRAMS. FOR COMMUNITIES THAT LACK A BRICK-AND-MORTAR FOOD PANTRY OR SPECIAL POPULATIONS THAT REQUIRE SUPPLEMENTAL FOOD SUPPORT, THE IDAHO FOODBANK CONDUCTS SCHEDULED MOBILE PANTRY DELIVERIES OF FRESH, DRY, AND FROZEN FOOD. THE IDAHO FOODBANK DISTRIBUTED NEARLY 28.6 MILLION POUNDS OF FOOD - PROVIDING FOOD FOR UP TO 23.8 MILLION MEALS - THROUGH COMMUNITY PARTNERS AND ITS OWN DIRECT-SERVICE PROGRAMS THROUGHOUT THE STATE OF IDAHO. WHEN FOOD IS PURCHASED, VOLUME BUYING POWER MAXIMIZED THE RETURN ON DONOR CONTRIBUTIONS TO SUCH A DEGREE THAT ONE DOLLAR CAN PROVIDE FOOD FOR UP TO FOUR MEALS. THE IDAHO FOODBANK, THROUGH ITS FOOD RESCUE PROGRAM, CAPTURED AND DISTRIBUTED TO THOSE IN NEED OVER 8 MILLION POUNDS OF SURPLUS FOOD FROM GROWERS, PROCESSORS, AND RETAIL OUTLETS THAT MIGHT OTHERWISE END UP IN LOCAL LANDFILLS. MUCH OF THE FOOD RECEIVED IS IN BULK AND MUST BE REPACKAGED FOR DISTRIBUTION TO FAMILIES. THE WORK IS LARGELY DONE BY VOLUNTEERS. DURING THE FISCAL YEAR, 63,068 HOURS WERE DONATED BY 24,198 VOLUNTEERS, THE EQUIVALENT OF 30 FULL-TIME EMPLOYEES.
SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Vauk President & CEO | Officer | 45 | $230,856 |
Craig Johnson CFO | Officer | 45 | $154,258 |
Randy Ford Chief Operating Officer | Officer | 45 | $142,741 |
Morgan Wilson Chief Development Officer | 45 | $123,582 | |
John Waite Chair Thru 9/22/22 | OfficerTrustee | 4 | $0 |
Rick Stott Chair Elect/chair | OfficerTrustee | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rkd Group Mail Solicitations | 4/29/23 | $588,107 |
Tok Commercial Management Company | 4/29/23 | $142,303 |
Express Services Inc Temporary Employees | 4/29/23 | $140,503 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $38,974 |
| Membership dues | $0 |
| Fundraising events | $861,652 |
| Related organizations | $0 |
| Government grants | $5,475,265 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,075,012 |
| Noncash contributions included in lines 1a–1f | $46,097,099 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,450,903 |
| Total Program Service Revenue | $2,134 |
| Investment income | $387,495 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$21,973 |
| Net Gain/Loss on Asset Sales | -$728,698 |
| Net Income from Fundraising Events | $81,514 |
| Net Income from Gaming Activities | $17,843 |
| Net Income from Sales of Inventory | $827 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $57,732,985 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $43,081,074 |
| Grants and other assistance to domestic individuals. | $8,191,403 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $585,655 |
| Compensation of current officers, directors, key employees. | $425,675 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,886,203 |
| Pension plan accruals and contributions | $94,227 |
| Other employee benefits | $470,643 |
| Payroll taxes | $365,755 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $53,561 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $581,212 |
| Fees for services: Investment Management | $57,015 |
| Fees for services: Other | $134,885 |
| Advertising and promotion | $153,921 |
| Office expenses | $388,587 |
| Information technology | $172,731 |
| Royalties | $0 |
| Occupancy | $258,700 |
| Travel | $766,664 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $21,189 |
| Interest | $2,209 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $663,521 |
| Insurance | $76,425 |
| All other expenses | $137,127 |
| Total functional expenses | $60,550,999 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $538,486 |
| Savings and temporary cash investments | $1,083,004 |
| Pledges and grants receivable | $526,915 |
| Accounts receivable, net | $211,315 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,761,374 |
| Prepaid expenses and deferred charges | $142,439 |
| Net Land, buildings, and equipment | $16,755,426 |
| Investments—publicly traded securities | $15,437,887 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $37,456,846 |
| Accounts payable and accrued expenses | $633,589 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $112,453 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $98,142 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $844,184 |
| Net assets without donor restrictions | $32,801,858 |
| Net assets with donor restrictions | $3,810,804 |
| 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 | $37,456,846 |
Grants Awarded
Over the last fiscal year, Idaho Foodbank Warehouse has awarded $40,993,952 in support to 321 organizations.
| Grant Recipient | Amount |
|---|---|
FORT HALL ASSEMBLY OF GOD PURPOSE: See Part IV | $14,380 |
ORCHARDS BAPTIST CHURCH PURPOSE: See Part IV | $45,881 |
SALMON RIVER SENIOR CITIZENS INC PURPOSE: See Part IV | $11,085 |
CORPUS CHRISTI HOUSE PURPOSE: See Part IV | $29,689 |
ELK RIVER FOOD BANK PURPOSE: See Part IV | $28,689 |
LIFELINE FOOD PANTRY PURPOSE: See Part IV | $233,042 |