Food Bank Of The Rockies
- Assets
- $66.2m
- Revenue
- $164.3m
- Investments
- $0.0
- Employees
- 179
- Location
- Denver, CO
- Founding
- 10/1984
- Data as of
- 06/2021
- EIN
- 84-0772672
Organization Overview
Food Bank Of The Rockies is located in Denver, CO. The organization was established in 1984. 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 06/2021, Food Bank Of The Rockies employed 179 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Bank Of The Rockies 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 06/2021, Food Bank Of The Rockies generated $164.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $142.8m during the year ending 06/2021. While expenses have increased by 7.0% per year over the past 6 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, Food Bank Of The Rockies has awarded 1,496 individual grants totaling $87,528,373. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
DISTRIBUTE FOOD AND ESSENTIALS TO PEOPLE EXPERIENCING FOOD INSECURITY IN CO AND WY
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD BANK OF THE ROCKIES' GROCERY RESCUE PROGRAM WORKS TO KEEP NUTRITIOUS SURPLUS FOOD FROM BEING THROWN AWAY. WE PICK UP HIGHLY NUTRITIOUS FOOD SUCH AS MEAT, DAIRY AND PRODUCE FROM 667 LOCAL RETAILERS THROUGHOUT THE STATE OF COLORADO AND DISTRIBUTE IT TO OUR PARTNER AGENCIES.
THE CENTRAL DISTRIBUTION PROGRAM OF FOOD BANK OF THE ROCKIES SERVES APPROXIMATELY 670 HUNGER-RELIEF PROGRAMS IN 30 COUNTIES IN COLORADO INCLUDING METROPOLITAN DENVER AND NORTHERN COLORADO. LAST YEAR, THE COLORADO DISTRIBUTION CENTERS DISTRIBUTED 97 MILLION POUNDS OF FOOD AND COMMODITIES - ENOUGH FOR OUR PARTNER AGENCIES TO PROVIDE OVER 215,000 MEALS EACH DAY TO CHILDREN, OLDER ADULTS, AND FAMILIES EXPERIENCING FOOD INSECURITY.
THE EMERGENCY FOOD ASSISTANCE PROGRAM (TEFAP) IS A FEDERAL PROGRAM THAT HELPS SUPPLEMENT THE DIETS OF LOW-INCOME AMERICANS BY PROVIDING THEM WITH EMERGENCY FOOD ASSISTANCE AT NO COST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Pulling Chief Executive Officer | Officer | 55 | $261,491 |
Heather Mackendrick Costa Chief Financial Officer | Officer | 55 | $158,531 |
Steven Kullberg Chief Operating Officer | Officer | 55 | $157,601 |
Jennifer Lackey Chief Development Officer | Officer | 55 | $154,835 |
Lorena Toland Vice President Of People & Culture | Officer | 55 | $147,353 |
Cindy Mitchell Vice President Of Programs | Officer | 55 | $132,113 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Stout Street Foundation Contract Labor | 6/29/21 | $267,287 |
Prodrivers Contract Labor - Drivers | 6/29/21 | $211,343 |
Robbinskersten Direct Direct Mail | 6/29/21 | $994,398 |
Brrr Refrigeration & Design Facility Repair & Maintenance/constructi | 6/29/21 | $436,336 |
Blackbaud Inc Donor Software/support | 6/29/21 | $189,611 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,565,810 |
| Membership dues | $0 |
| Fundraising events | $230,387 |
| Related organizations | $0 |
| Government grants | $24,018,339 |
| All other contributions, gifts, grants, and similar amounts not included above | $126,756,898 |
| Noncash contributions included in lines 1a–1f | $107,506,595 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $152,571,434 |
| Total Program Service Revenue | $11,816,021 |
| Investment income | $4,969 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $45,150 |
| Net Gain/Loss on Asset Sales | -$89,579 |
| Net Income from Fundraising Events | -$74,699 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $164,296,992 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $20,777,168 |
| Grants and other assistance to domestic individuals. | $1,945,938 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,110,815 |
| Compensation of current officers, directors, key employees. | $258,692 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,390,025 |
| Pension plan accruals and contributions | $213,889 |
| Other employee benefits | $1,066,536 |
| Payroll taxes | $714,508 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $52,450 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,119,303 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,710,978 |
| Advertising and promotion | $729,528 |
| Office expenses | $957,575 |
| Information technology | $765,203 |
| Royalties | $0 |
| Occupancy | $1,680,124 |
| Travel | $96,894 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,956 |
| Interest | $59,399 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,393,205 |
| Insurance | $190,368 |
| All other expenses | $1,974,995 |
| Total functional expenses | $142,822,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,200 |
| Savings and temporary cash investments | $42,909,540 |
| Pledges and grants receivable | $153,314 |
| Accounts receivable, net | $1,010,959 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,468,079 |
| Prepaid expenses and deferred charges | $709,151 |
| Net Land, buildings, and equipment | $14,953,311 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $66,205,554 |
| Accounts payable and accrued expenses | $3,240,139 |
| Grants payable | $0 |
| Deferred revenue | $285,000 |
| 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 | $1,820,444 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,345,583 |
| Net assets without donor restrictions | $54,836,258 |
| Net assets with donor restrictions | $6,023,713 |
| 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 | $66,205,554 |
Grants Awarded
Over the last fiscal year, Food Bank Of The Rockies has awarded $20,692,727 in support to 211 organizations.
| Grant Recipient | Amount |
|---|---|
METRO CARING - TEFAP PURPOSE: FOOD DISTRIBUTION | $984,075 |
Denver, CO PURPOSE: FOOD DISTRIBUTION | $840,627 |
Commerce City, CO PURPOSE: FOOD DISTRIBUTION | $701,147 |
THE ACTION CENTER - TEFAP PURPOSE: FOOD DISTRIBUTION | $673,890 |
THE SALVATION ARMY GRAND JUNCTION CORPS-TEFAP PURPOSE: FOOD DISTRIBUTION | $523,668 |
SALVATION ARMY-HARBOR LIGHT - TEFAP PURPOSE: FOOD DISTRIBUTION | $401,087 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Food Bank Of The Rockies has recieved totaling $39,200.
| Awarding Organization | Amount |
|---|---|
Cross H Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $10,000 |
Elizabeth Mcgeachin Mckee Foundation Raleigh, NC PURPOSE: CHARITABLE | $8,000 |
Demuth Family Foundation Denver, CO PURPOSE: TO SUPPORT THE MISSION OF THE ORGANIZATION | $7,000 |
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
Douglas And Marianne Dickerson Foundation Virginia Beach, VA PURPOSE: TO SUPPORT RECIPIENT'S TAX EXEMPT PROGRAM | $2,500 |
Decker Weiss Family Foundation Inc Stamford, CT PURPOSE: GENERAL | $2,000 |
Endowment Analysis
| Beg. Balance | $3,524,904 |
| Earnings | $821,134 |
| Net Contributions | $21,851 |
| Ending Balance | $4,367,889 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Marys Food Bank Alliance Phoenix, AZ | $45,304,868 | $270,368,241 |
Food Bank Of The Rockies Denver, CO | $66,205,554 | $164,296,992 |
Community Food Bank Inc Tucson, AZ | $56,197,038 | $127,317,393 |
Roadrunner Food Bank Inc Albuquerque, NM | $51,163,005 | $120,843,441 |
Regional Food Bank Of Oklahoma Oklahoma City, OK | $36,553,416 | $95,465,627 |
Community Food Bank Of Eastern Oklahoma Inc Tulsa, OK | $69,259,421 | $97,549,817 |
Care And Share Inc Colorado Springs, CO | $21,708,396 | $54,268,690 |
Foodbank For The Heartland Omaha, NE | $18,090,007 | $45,859,600 |
United Food Bank Mesa, AZ | $14,110,479 | $41,978,050 |
Yuma Community Food Bank Yuma, AZ | $6,042,055 | $32,152,726 |
Kansas Food Bank Warehouse Inc Wichita, KS | $25,177,689 | $24,577,284 |
Food Bank For Larimer County Loveland, CO | $23,780,959 | $24,388,782 |