Stanwood Camano Food Bank Services
- Assets
- $4.3m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 14
- Location
- Stanwood, WA
- Founding
- 04/1984
- Data as of
- 06/2022
- EIN
- 91-1155426
Organization Overview
Stanwood Camano Food Bank Services is located in Stanwood, WA. 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, Stanwood Camano Food Bank Services employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stanwood Camano Food Bank Services 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, Stanwood Camano Food Bank Services generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $2.5m during the year ending 06/2022. While expenses have increased by 13.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
STANWOOD CAMANO FOOD BANK PROVIDES RESOURCES AND CONNECTIONS TO ALLEVIATE HUNGER AND MEET THE BASIC NEEDS OF INDIVIDUALS AND FAMILIES IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOOD BANK SERVED OVER 9,020 FAMILIES AND 32,900 INDIVIDUALS WITH GROCERY ITEMS IN THE TWELVE MONTHS ENDED JUNE 30, 2022. IN ADDITION TO FOOD, THE STANWOOD-CAMANO FOOD BANK PROVIDES CLOTHING AND HOUSEHOLD GOODS FROM ITS THRIFT STORE AS NEEDED TO CLIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terrence Bedford Vice President | OfficerTrustee | 2 | $0 |
Randy Serroels President | OfficerTrustee | 2 | $0 |
Kelly Ruhoff Past President | OfficerTrustee | 2 | $0 |
Naomi Wark Treasurer | OfficerTrustee | 2 | $0 |
Scott Glowaski Past Director | Trustee | 1 | $0 |
Marikae Moraski Secretary | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $90,546 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,952,245 |
| Noncash contributions included in lines 1a–1f | $1,907,009 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,042,791 |
| Total Program Service Revenue | $0 |
| Investment income | $25,341 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$1,087 |
| Net Gain/Loss on Asset Sales | -$82,054 |
| Net Income from Fundraising Events | $230,709 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$12,311 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,203,389 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,496,900 |
| 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 | $346,550 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $21,829 |
| Payroll taxes | $34,215 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,558 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,911 |
| Advertising and promotion | $2,118 |
| Office expenses | $8,400 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,223 |
| 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 | $63,368 |
| Insurance | $17,140 |
| All other expenses | $81,133 |
| Total functional expenses | $2,470,323 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $507,630 |
| Savings and temporary cash investments | $272,618 |
| 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 | $334,225 |
| Prepaid expenses and deferred charges | $21,940 |
| Net Land, buildings, and equipment | $2,529,094 |
| Investments—publicly traded securities | $633,917 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,181 |
| Total assets | $4,307,605 |
| Accounts payable and accrued expenses | $31,225 |
| 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 | $31,225 |
| Net assets without donor restrictions | $4,179,784 |
| Net assets with donor restrictions | $96,596 |
| 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 | $4,307,605 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Stanwood Camano Food Bank Services has recieved totaling $128,669.
| Awarding Organization | Amount |
|---|---|
Leland J And Dorothy H Olson Charitable Fountation Omaha, NE PURPOSE: GENERAL FUNDS | $50,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $35,209 |
The Albertsons Companies Foundation Pleasanton, CA PURPOSE: HUNGER | $18,000 |
North Sound Accountable Community Of Health Bellingham, WA PURPOSE: COVID RESPONSE. | $10,760 |
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL SUPPORT; TO PROVIDE GENERAL SUPPORT AS PROMPTED BY GIVEBIG; TO PROVIDE SUPPORT FOR FEEDING CHILDREN; SEE TRANSMITTAL LETTER FOR DETAIL | $9,000 |
Jack And Shirley Mcintyre Foundation Camano Island, WA PURPOSE: GENERAL DONATION | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Food For Lane County Eugene, OR | $21,565,696 | $21,900,710 |
Marion-Polk Food Share Inc Salem, OR | $12,481,523 | $19,024,732 |
Blue Mountain Action Council Inc Walla Walla, WA | $15,285,030 | $16,921,304 |
Clark County Food Bank Vancouver, WA | $21,573,069 | $16,473,935 |
Thurston County Food Bank Olympia, WA | $15,377,704 | $14,632,997 |
Nourish Pierce County Tacoma, WA | $6,902,887 | $13,313,194 |
Community Resource Tr Salem, OR | $3,086,644 | $1,030,928 |
Alternatives To Hunger Bellingham, WA | $14,845,040 | $9,214,173 |
Bonney Lake Community Resources Buckley, WA | $943,649 | $8,388,464 |
Helping Hands Food Bank Of Sedro Woolley Sedro Woolley, WA | $3,405,345 | $7,836,034 |
West Seattle Food Bank Seattle, WA | $4,611,291 | $5,862,402 |
Tri-Cities Food Bank Kennewick, WA | $2,774,652 | $5,081,989 |