Cultivate Abundance
- Assets
- $56.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Fort Myers, FL
- Founding
- 12/2017
- Data as of
- 12/2021
- EIN
- 82-2626487
Organization Overview
Cultivate Abundance is located in North Fort Myers, FL. The organization was established in 2017. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cultivate Abundance 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, Cultivate Abundance generated $158.8k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 34.7% each year . All expenses for the organization totaled $195.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MOBILIZING APPROPRIATE RESOURCES TO ELIMINATE HUNGER AND ENABLE SMALL-SCALE FOOD PRODUCTION IN VULNERABLE HOUSEHOLDS AND COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen H Burnette Executive Di | 40 | $97,750 | |
Rachel Gunter Shapard Board Chair | 1 | $0 | |
Patrick R Anderson Board Secret | 1 | $0 | |
Brian Flanagan Board Member | 1 | $0 | |
Jeffrey G Deyoe Board Member | 1 | $0 | |
Richard R Burnette Technical Di | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $158,822 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $158,822 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $144,259 |
| Professional fees and other payments to independent contractors | $760 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $300 |
| Other expenses | $50,541 |
| Total expenses | $195,860 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $56,561 |
| Other assets | $0 |
| Total assets | $56,561 |
| Total liabilities | $49,900 |
| Net assets or fund balances | $6,661 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cultivate Abundance has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
Eula Mae And John Baugh Foundation Jersey Village, TX PURPOSE: OPERATING | $50,000 |
Joy In Childhood Foundation Inc Canton, MA PURPOSE: Support Sick and Hungry Kids | $10,000 |
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 |