Beef Bank Colorado Inc
- Assets
- $193.3k
- Revenue
- $304.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Johnstown, CO
- Founding
- 10/2019
- Data as of
- 12/2021
- EIN
- 84-3363855
Organization Overview
Beef Bank Colorado Inc is located in Johnstown, CO. The organization was established in 2019. According to its NTEE Classification (K30) the organization is classified as: Food Programs, 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. Beef Bank Colorado 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, Beef Bank Colorado Inc generated $304.7k in total revenue. All expenses for the organization totaled $258.8k during the year ending 12/2021. While expenses have increased by 206.4% per year over the past 3 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 2020, Beef Bank Colorado Inc has awarded 13 individual grants totaling $257,794. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, BEEF BANK COLORADO DBA BEEF STICKS FOR BACKPACKS, DONATED 341,630 BEEF STICKS TO PROGRAMS/FOOD BANKS IN WELD, LARIMER, MORGAN, MESA, DENVER, ARAPAHOE AND JEFFERSON COUNTIES THAT PROVIDE CHILDREN IN NEED WITH A FOOD-FILLED BACKPACK FOR THE WEEKENDS. THE BEEF STICKS ARE DISTRIBUTED WITH THE HELP OF FOOD BANKS AROUND THE STATE, REACHING VERIOUS BACKPACK PROGRAMS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Byers Secretary | 10 | $31,246 | |
Shannon Levi President | 5 | $0 | |
Jordan Levi Treasurer | 5 | $0 | |
Alan Byers Director | 5 | $0 | |
Steve Drexler Director | 3 | $0 | |
Stephanie Gausch Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $302,821 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $1,447 |
| Other Income | $454 |
| Total Revenue | $304,722 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $31,246 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $2,345 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,345 |
| Total operating and administrative expenses | $40,161 |
| Contributions, gifts, grants paid | $218,644 |
| Total expenses and disbursements | $258,805 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $163,912 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $29,343 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $193,255 |
| Accounts payable and accrued expenses | $22,928 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $22,928 |
Grants Awarded
Over the last fiscal year, Beef Bank Colorado Inc has awarded $218,644 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
WELD FOOD BANK PURPOSE: CHARITABLE | $64,553 |
FBR (TOTES OF HOPE) PURPOSE: CHARITABLE | $62,760 |
KIDSAID PURPOSE: CHARITABLE | $41,426 |
FOOD FOR THOUGHT DENVER PURPOSE: CHARITABLE | $20,154 |
KIDSPACK PURPOSE: CHARITABLE | $13,270 |
MCBACKPACK PURPOSE: CHARITABLE | $12,251 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Beef Bank Colorado Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Cattle Marketing Information Service Inc Centennial, CO PURPOSE: TO PROVIDE FOOD AID TO CHILDREN | $500 |
Cattle Marketing Information Service Inc Centennial, CO PURPOSE: TO PROVIDE FOOD AID TO CHILDREN | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Food Share Inc Louisville, CO | $17,101,690 | $25,888,290 |
Diabetes Prevention And Aid Fund Inc Nogales, AZ | $212,158 | $20,461,297 |
Flagstaff Family Food Center Flagstaff, AZ | $4,578,201 | $12,934,746 |
Wedontwaste Inc Denver, CO | $3,997,096 | $12,273,499 |
Conscious Alliance Broomfield, CO | $3,472,577 | $8,072,090 |
Hunger Free Colorado Denver, CO | $3,313,902 | $4,858,628 |
Storehouse New Mexico Albuquerque, NM | $1,882,019 | $3,517,979 |
Feed The Need Foundation For Rural Oklahoma Wright City, OK | $1,312,519 | $3,516,803 |
Food On The Move Inc Tulsa, OK | $2,618,827 | $4,927,013 |
New Mexico Farmers Marketing Association Santa Fe, NM | $1,977,340 | $3,612,494 |
Life Inter Faith Team On Unemployment And Poverty Rifle, CO | $3,060,270 | $2,803,873 |
Vindeket Fort Collins, CO | $336,480 | $2,456,740 |