Sky Valley Food Bank
- Assets
- $2.7m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 11
- Location
- Monroe, WA
- Founding
- 12/1983
- Data as of
- 12/2023
- EIN
- 91-1186822
Organization Overview
Sky Valley Food Bank is located in Monroe, WA. The organization was established in 1983. 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 12/2023, Sky Valley Food Bank employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sky Valley Food Bank 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 12/2023, Sky Valley Food Bank generated $2.8m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $1.5m during the year ending 12/2023. 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
PROVIDING FOOD FOR THE NEEDY
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE PROVIDED FOOD FOR APPROXIMATELY 23,600 FAMILIES (ABOUT 51,000 INDIVIDUALS) - SUFFICIENT FOR ABOUT 10 MEALS EACH DURING 2023. WE ALSO PROVIDED OVER 600 HOME DELIVERIES AND OVER 10,000 FOOD BACKPACKS.
JULIA MORRIS GARDEN - PROVIDED FRESH GARDEN VEGETABLES FOR NEEDY CHILDREN AND FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Campbell Ex Director | Trustee | 35 | $86,373 |
Vince Bertrand Secretary | OfficerTrustee | 5 | $0 |
Eric Debelly Treasurer | OfficerTrustee | 5 | $0 |
Jesse Fish Director | Trustee | 1 | $0 |
Denise Jacobsen Director | Trustee | 1 | $0 |
Laura Johansen Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $609,284 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,187,032 |
| Noncash contributions included in lines 1a–1f | $1,683,343 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,796,316 |
| Total Program Service Revenue | $0 |
| Investment income | $17,606 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,525 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,812,397 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $86,373 |
| Compensation of current officers, directors, key employees. | $12,956 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,700 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,648 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,711 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $5,377 |
| Office expenses | $12,505 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $46,964 |
| 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 | $99,194 |
| Insurance | $2,558 |
| All other expenses | $1,261 |
| Total functional expenses | $1,473,600 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,242 |
| Savings and temporary cash investments | $909,046 |
| 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 | $147,768 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,607,199 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $858 |
| Total assets | $2,696,113 |
| 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 | $766 |
| Total liabilities | $766 |
| 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 | $2,695,347 |
| Total liabilities and net assets/fund balances | $2,696,113 |