Loc Food Pantry Inc
- Assets
- $462.1k
- Revenue
- $213.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Temple, TX
- Founding
- 02/2018
- Data as of
- 12/2021
- EIN
- 82-3743988
Organization Overview
Loc Food Pantry Inc is located in Temple, TX. The organization was established in 2018. 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. Loc 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 12/2021, Loc Food Pantry Inc generated $213.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $69.8k during the year ending 12/2021. While expenses have increased by 8.6% per year over the past 4 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
LOC FOOD PANTRY INC. USES GOD'S BLESSINGS AND SERVANTS TO FEED AND CLOTHE THE HUNGRY AND SHARE HIS LOVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOOD PANTRY DISTRIBUTED APPROXIMATELY 1,500,000 POUNDS OF FOOD. DURING THE YEAR FOOD WAS DISTRIBUTED TO AN AVERAGE OF 1,031 FAMILIES PER MONTH FOR A DISTRIBUTION TOTAL FOR THE YEAR OF 12,372 FAMILIES.
THE PANTRY OPERATES A CLOTHING ARE WHERE DONATED CLOTHES ARE SORTED DISPLAYED AND DISTRIBUTED TO INDIVIDUALS IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
A C Blunt Treasurer | OfficerTrustee | 30 | $0 |
Carolyn Dickerson Secretary | OfficerTrustee | 15 | $0 |
Larry Schultze Vice President | OfficerTrustee | 15 | $0 |
Linda Neighbors President | OfficerTrustee | 15 | $0 |
Britt Williams Director | Trustee | 2 | $0 |
Kelly Thomas Director | Trustee | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $213,350 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $213,350 |
| Total Program Service Revenue | $0 |
| Investment income | $63 |
| 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 | $213,413 |
| 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 | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,306 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,803 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $3,996 |
| All other expenses | $0 |
| Total functional expenses | $69,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,000 |
| Savings and temporary cash investments | $373,443 |
| 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 | $0 |
| Net Land, buildings, and equipment | $68,639 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $462,082 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $462,082 |
| 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 | $462,082 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wichita Falls Area Food Bank Wichita Falls, TX | $9,498,885 | $9,862,172 |
Food Bank Of Abilene Inc Abilene, TX | $7,456,810 | $7,903,273 |
Minnies Food Pantry Inc Plano, TX | $11,307,056 | $7,241,674 |
Foodbank Of North Central Arkansas Norfork Community Care Program Inc Norfork, AR | $3,972,455 | $5,577,020 |
Community Pantry Gallup, NM | $959,655 | $5,727,019 |
Community Link Mission Inc Saginaw, TX | $1,121,434 | $6,492,945 |
Harvesting International Ministry Center Inc Mansfield, TX | $565,911 | $4,398,880 |
Concho Valley Regional Food Bank Of Texas Inc San Angelo, TX | $3,268,643 | $4,575,335 |
The Junction Of Denton County Denton, TX | $1,324,304 | $2,473,422 |
A Christian Food Pantry Inc Richardson, TX | $651,159 | $2,331,333 |
Lawton Food Bank Inc Lawton, OK | $2,448,355 | $2,395,113 |
Food Bank Of Eastern New Mexico Inc Clovis, NM | $1,160,502 | $2,273,364 |