Snohomish Community Food Bank
- Assets
- $1.5m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 1
- Location
- Snohomish, WA
- Founding
- 05/1986
- Data as of
- 12/2022
- EIN
- 91-1334772
Organization Overview
Snohomish Community Food Bank is located in Snohomish, WA. The organization was established in 1986. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Snohomish Community 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 12/2022, Snohomish Community Food Bank generated $1.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOOD AND SERVICES IN A CARING AND DIGNIFIED MANNER TO NEIGHBORS IN NEED
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES WEEKLY GROCERIES TO INDIVIDUALS AND FAMILIES IN NEED
PROVIDES WEEKLY GROCERIES TO INDIVIDUALS AND FAMILIES IN NEED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheri Carr Board Member | Trustee | $0 | |
Ron Tastad Board Member | Trustee | $0 | |
Elizabeth Grant Executive Di | Officer | $0 | |
Jay Hagen President | Officer | $0 | |
Thomas Rohde Treasurer | Officer | $0 | |
Sara Wagner Secretary | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,420,278 |
| Noncash contributions included in lines 1a–1f | $915,686 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,420,278 |
| Total Program Service Revenue | $0 |
| Investment income | -$126,710 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,453 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,295,021 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $89,061 |
| Pension plan accruals and contributions | $20,000 |
| Other employee benefits | $0 |
| Payroll taxes | $7,544 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,387 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,976 |
| Fees for services: Other | $42 |
| Advertising and promotion | $0 |
| Office expenses | $6,818 |
| Information technology | $9,295 |
| Royalties | $0 |
| Occupancy | $56,991 |
| Travel | $7,354 |
| 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 | $14,244 |
| Insurance | $12,284 |
| All other expenses | $0 |
| Total functional expenses | $1,298,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $123,071 |
| Savings and temporary cash investments | $229,843 |
| 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 | $117,714 |
| Prepaid expenses and deferred charges | $34,714 |
| Net Land, buildings, and equipment | $60,915 |
| Investments—publicly traded securities | $917,726 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,483,983 |
| Accounts payable and accrued expenses | $24,824 |
| 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 | $3,855 |
| Total liabilities | $28,679 |
| Net assets without donor restrictions | $1,435,785 |
| Net assets with donor restrictions | $19,519 |
| 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 | $1,483,983 |