Central Kitsap Food Bank
- Assets
- $3.9m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 8
- Location
- Silverdale, WA
- Founding
- 07/1989
- Data as of
- 12/2022
- EIN
- 91-1425561
Organization Overview
Central Kitsap Food Bank is located in Silverdale, WA. The organization was established in 1989. 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 12/2022, Central Kitsap Food Bank employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Kitsap 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, Central Kitsap Food Bank generated $2.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. While expenses have increased by 2.3% per year over the past 8 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
TO PROVIDE FOOD AT NO COST IN A CARING AND RESPECTGUL MANNER TO THOSE IN NEED IN OUR COMMUNITY WHILE PRESERVING THE DIGNITY OF THOSE WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FOOD AT NO COST TO THOSE IN NEED IN OUR COMMUNITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Benson Executive Director | Officer | 40 | $58,471 |
Rayshel Stanton Board Member | Trustee | 1 | $0 |
Jacob Hall Board Member | Trustee | 1 | $0 |
Scott Shoemaker Board Member | Trustee | 1 | $0 |
Axel Strakeljahn Board Member | Trustee | 1 | $0 |
Jessica Connolly Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $3,106 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $119,564 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,786,308 |
| Noncash contributions included in lines 1a–1f | $1,322,607 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,908,978 |
| Total Program Service Revenue | $0 |
| Investment income | $3,750 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $55,623 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,990,326 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,326,121 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $58,471 |
| Compensation of current officers, directors, key employees. | $23,388 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $164,849 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $24,939 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,755 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $31,954 |
| Advertising and promotion | $797 |
| Office expenses | $8,569 |
| Information technology | $5,239 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $34,538 |
| Insurance | $7,784 |
| All other expenses | $10,207 |
| Total functional expenses | $1,782,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $443,390 |
| Savings and temporary cash investments | $561,413 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $54,819 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,075,054 |
| Prepaid expenses and deferred charges | $13,316 |
| Net Land, buildings, and equipment | $863,724 |
| Investments—publicly traded securities | $842,120 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $17,595 |
| Total assets | $3,871,431 |
| Accounts payable and accrued expenses | $17,289 |
| 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 | $3,017 |
| Other liabilities | $0 |
| Total liabilities | $20,306 |
| Net assets without donor restrictions | $3,851,125 |
| 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 | $3,871,431 |