Food Bank Of The Rockies
- Assets
- $84.5m
- Revenue
- $150.3m
- Investments
- $0.0
- Employees
- 240
- Location
- Denver, CO
- Founding
- 10/1984
- Data as of
- 06/2022
- 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 06/2022, Food Bank Of The Rockies employed 240 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 06/2022, Food Bank Of The Rockies generated $150.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $145.1m during the year ending 06/2022. While expenses have increased by 6.2% per year over the past 7 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 1,488 individual grants totaling $87,011,244. 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
2022
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
THE CENTRAL DISTRIBUTION PROGRAM OF FOOD BANK OF THE ROCKIES SERVES APPROXIMATELY 757 HUNGER-RELIEF PROGRAMS IN 30 COUNTIES INCLUDING METROPOLITAN DENVER AND NORTHERN COLORADO. LAST YEAR, THE FOOD BANK DISTRIBUTED 81 MILLION POUNDS OF FOOD AND COMMODITIES - ENOUGH FOR OUR AGENCIES TO PROVIDE OVER 177,500 MEALS EACH DAY TO CHILDREN, OLDER ADULTS, AND FAMILIES FACING FOOD INSECURITY.
FOOD BANK OF THE ROCKIES GROCERY RESCUE PROGRAM HAS WORKED TO KEEP NUTRITIOUS SURPLUS FOOD FROM BEING THROWN AWAY. WE PICK UP HIGHLY NUTRITIOUS FOOD SUCH AS MEAT, DAIRY AND PRODUCE FROM 821 LOCAL RETAILERS THROUGHOUT THE STATE AND DISTRIBUTE IT TO OUR PARTNER AGENCIES.
FOOD BANK OF WYOMING WORKS WITH APPROXIMATELY 180 NONPROFIT HUNGER-RELIEF PROGRAMS THAT PROVIDE FOOD AND NUTRITIOUS MEALS DIRECTLY TO OUR FOOD INSECURE NEIGHBORS. FROM SMALL CHURCH PANTRIES TO LARGE ORGANIZATIONS WITH NATIONAL SUPPORT, FOOD BANK OF WYOMING PARTNERS WITH PROGRAMS TO PROVIDE ACCESS TO FOOD AND ESSENTIAL ITEMS TO OUR WYOMING NEIGHBORS FACING FOOD INSECURITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas Benham Board Chair | OfficerTrustee | 4 | $0 |
Christina Bowen Vice Chair | OfficerTrustee | 3 | $0 |
Gordon Banks Secretary | OfficerTrustee | 3 | $0 |
Jack Pargeon Treasurer | OfficerTrustee | 3 | $0 |
Patricia Person Immediate Past Chair | OfficerTrustee | 3 | $0 |
Daniel Ball Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ford Construction Company Inc Construction | 6/29/22 | $3,834,950 |
Rkd Group Direct Mail | 6/29/22 | $1,374,473 |
Brrr Refrigeration & Design Facility Repair & Maint | 6/29/22 | $513,665 |
Beaver Builders Llc Construction | 6/29/22 | $509,714 |
Chamberlin Architects Pc Design & Planning | 6/29/22 | $229,319 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,311,357 |
| Membership dues | $0 |
| Fundraising events | $316,147 |
| Related organizations | $0 |
| Government grants | $17,176,016 |
| All other contributions, gifts, grants, and similar amounts not included above | $120,520,317 |
| Noncash contributions included in lines 1a–1f | $105,689,394 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,323,837 |
| Total Program Service Revenue | $10,116,216 |
| Investment income | $125,442 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $627,216 |
| Net Income from Fundraising Events | -$24,706 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $150,273,597 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $16,341,330 |
| Grants and other assistance to domestic individuals. | $2,183,407 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,271,726 |
| Compensation of current officers, directors, key employees. | $300,501 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,438,320 |
| Pension plan accruals and contributions | $296,737 |
| Other employee benefits | $1,743,978 |
| Payroll taxes | $942,538 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,768 |
| Fees for services: Accounting | $148,936 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $1,354,029 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,599,602 |
| Advertising and promotion | $120,404 |
| Office expenses | $995,155 |
| Information technology | $857,783 |
| Royalties | $0 |
| Occupancy | $1,539,593 |
| Travel | $154,369 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,223 |
| Interest | $58,412 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,515,276 |
| Insurance | $224,252 |
| All other expenses | $974,286 |
| Total functional expenses | $145,112,927 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,200 |
| Savings and temporary cash investments | $48,349,686 |
| Pledges and grants receivable | $244,500 |
| Accounts receivable, net | $1,893,260 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $9,761,850 |
| Inventories for sale or use | $4,959,994 |
| Prepaid expenses and deferred charges | $262,578 |
| Net Land, buildings, and equipment | $19,020,306 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $84,493,374 |
| Accounts payable and accrued expenses | $3,280,581 |
| Grants payable | $0 |
| Deferred revenue | $87,503 |
| 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 | $14,481,805 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $622,844 |
| Total liabilities | $18,472,733 |
| Net assets without donor restrictions | $59,363,419 |
| Net assets with donor restrictions | $6,657,222 |
| 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 | $84,493,374 |
Grants Awarded
Over the last fiscal year, Food Bank Of The Rockies has awarded $16,138,731 in support to 191 organizations.
| Grant Recipient | Amount |
|---|---|
ADAMS COUNTY EMERGENCY FOOD BANK - TEFAP PURPOSE: FOOD DISTRIBUTION | $522,921 |
AGAPE LIFE CHURCH (PANTRY)-TEFAP PURPOSE: FOOD DISTRIBUTION | $36,416 |
AGAPE LIFE CHURCH (SK) - TEFAP PURPOSE: FOOD DISTRIBUTION | $9,689 |
AMAZING GRACE COMMUNITY CHURCH - TM TEFAP PURPOSE: FOOD DISTRIBUTION | $32,798 |
ARAPAHOE COUNTY DHS AURORA - TEFAP PURPOSE: FOOD DISTRIBUTION | $16,379 |
ARAPAHOE COUNTY DHS LITTLETON - TEFAP PURPOSE: FOOD DISTRIBUTION | $6,995 |