The Banquet is located in Bismarck, ND. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2023, Banquet employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Banquet 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 09/2023, Banquet generated $249.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (34.2%) each year. All expenses for the organization totaled $320.0k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (30.2%) per year over the past 4 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE BANQUET IS A FAMILY-FRIENDLY MINISTRY THAT FEEDS THE BODY, MIND, AND SOUL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, WITH THE HELP OF 2,200 VOLUNTEERS, THE BANQUET SERVED 76,000 GUESTS.WE SEEK TO PROVIDE A PLACE WHERE ALL ARE WELCOME TO SHARE AND ENJOY A MEAL TOGETHER. WE ENDEAVOR TO WORK WITH LOCAL CHURCHES AND ORGANIZATIONS TO SERVE PEOPLE OF ALL DENOMINATIONS AND ALL WALKS OF LIFE. WE PROVIDE FREE MEALS IN A LOVING ATMOSPHERE, PASTORAL CARE, REFERRALS TO COMMUNITY-BASED SERVICES FOR FINANCIAL, SOCIAL, AND PHYSICAL WELL-BEING. MEALS ARE SERVED MONDAY THROUGH FRIDAY FROM 5:30 PM TO 7:00 PM AND ON SATURDAY AND SUNDAY FROM 12:00 NOON TO 1:00 PM. THE BANQUET IS DEPENDENT ON VOLUNTEER GROUPS AND INDIVIDUALS TO OPERATE OUR MEAL OUTREACH.IN ORDER TO MEET THE INCREASED NEED IN THE COMMUNITY AND OPERATE MORE EFFICIENTLY, THE BANQUET MERGED WITH DREAM CENTER BISMARCK AND MOVED ALL PROGRAMING AND OPERATIONS TO THE SUCCESSOR NONPROFIT AS OF SEPTEMBER 30, 2023.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Barnhardt President | OfficerTrustee | 20 | $0 |
Lisa Chaffee Treasurer | OfficerTrustee | 0.5 | $0 |
Chad Hasche Secretary | OfficerTrustee | 0.5 | $0 |
Mike Baltzer Board Member | Trustee | 0.5 | $0 |
Terri Benson Holmstrom Board Member | Trustee | 0.1 | $0 |
Charles Cayce Chapman Board Member | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $19,086 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $229,952 |
Noncash contributions included in lines 1a–1f | $135,770 |
Total Revenue from Contributions, Gifts, Grants & Similar | $249,038 |
Total Program Service Revenue | $0 |
Investment income | $104 |
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 | $249,142 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $135,770 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $28,377 |
Compensation of current officers, directors, key employees. | $9,459 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $39,334 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $5,069 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $7,104 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $11,178 |
Advertising and promotion | $0 |
Office expenses | $8,546 |
Information technology | $3,258 |
Royalties | $0 |
Occupancy | $16,636 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $962 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $24,928 |
Insurance | $0 |
All other expenses | $880 |
Total functional expenses | $319,996 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $0 |
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 | $0 |
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 | $0 |