West Seattle Food Bank
- Assets
- $4.7m
- Revenue
- $6.9m
- Investments
- $0.0
- Employees
- 17
- Location
- Seattle, WA
- Founding
- 06/1990
- Data as of
- 06/2023
- EIN
- 91-1464412
Organization Overview
West Seattle Food Bank is located in Seattle, WA. The organization was established in 1990. 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 06/2023, West Seattle Food Bank employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. West Seattle 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 06/2023, West Seattle Food Bank generated $6.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $6.7m during the year ending 06/2023. While expenses have increased by 9.7% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOOD, FINANCIAL ASSISTANCE FOR HOUSING OR UTILITIES, AND OFFER FREE CLOTHING THROUGH OUR CLOTHING BANK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WSFB FOOD BANK SERVICES INCLUDE OUR ONSITE FOOD BANK, WHICH PROVIDES FOOD TO A HOUSEHOLD OVER 1,000 TIMES EACH WEEK; OUR MOBILE FOOD BANK, SERVING APPROXIMATELY 200 HOUSEHOLDS WEEKLY THROUGH DISTRIBUTIONS AT 5 LOCATIONS; OUR HOME DELIVERY PROGRAM, SERVING 400 - 450 HOUSEHOLDS PER WEEK; AND OUR BACKPACK PROGRAM, COLLABORATING WITH LOCAL SCHOOLS TO DISTRIBUTE 100 - 400 WEEKEND PACKS OF FOOD EACH WEEK. WE ALSO DISTRIBUTE BABY SUPPLIES AND PET FOOD AND OTHER ESSENTIAL ITEMS TO RESIDENTS OF WEST SEATTLE AND BEYOND. IN THE FISCAL YEAR ENDING JUNE 30, 2023, WSFB PROVIDED FOOD AND OTHER NECESSITIES TO FAMILIES IN NEED APPROXIMATELY 92,000 TIMES AND DISTRIBUTED OVER 2.4 MILLION POUNDS OF FOOD AND OTHER SUPPLIES. WE PROVIDED $43,850 IN BABY SUPPLIES AND OUR "BACKPACK" PROGRAM PROVIDED WEEKEND FOOD TO CHILDREN IN NEED OVER 6,000 TIMES DURING THE YEAR.
OUR HELPLINE SERVICES PROVIDE FINANCIAL ASSISTANCE, BUS TICKETS, RESOURCE AND REFERRAL INFORMATION, AND A FREE CLOTHING BANK OPEN TO ALL IN OUR AREA. IN THE 2023 FISCAL YEAR THE AGENCY DISTRIBUTED APPROXIMATELY $1 MILLION IN ASSISTANCE FOR HOUSEHOLDS AT RISK OF BEING EVICTED OR HAVING UTILITIES SHUT OFF AND OVER $525,000 IN CLOTHES AND OTHER ITEMS DISTRIBUTED THROUGH OUR CLOTHESLINE. OVER 3,000 INDIVIDUALS DIRECTLY BENEFITED FROM THESE SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Weld President | OfficerTrustee | 4 | $0 |
Joe Everett Vice President | OfficerTrustee | 2 | $0 |
Joan Hansen Treasurer | OfficerTrustee | 2 | $0 |
Jan Roberts Secretary | OfficerTrustee | 4 | $0 |
Ashley Baerwaldt Director | Trustee | 1 | $0 |
Ted Barker Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $147,549 |
| Related organizations | $0 |
| Government grants | $663,724 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,042,988 |
| Noncash contributions included in lines 1a–1f | $3,574,186 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,854,261 |
| Total Program Service Revenue | $0 |
| Investment income | $44,469 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,600 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$13,398 |
| Net Income from Gaming Activities | $3,841 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,893,818 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,341,576 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $106,527 |
| Compensation of current officers, directors, key employees. | $47,834 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $616,580 |
| Pension plan accruals and contributions | $17,973 |
| Other employee benefits | $65,071 |
| Payroll taxes | $73,200 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $407 |
| Fees for services: Accounting | $35,244 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $27,420 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,570 |
| Advertising and promotion | $0 |
| Office expenses | $30,432 |
| Information technology | $33,118 |
| Royalties | $0 |
| Occupancy | $122,361 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,532 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,940 |
| Insurance | $11,323 |
| All other expenses | $17,563 |
| Total functional expenses | $6,702,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,016 |
| Savings and temporary cash investments | $703,262 |
| Pledges and grants receivable | $20,682 |
| Accounts receivable, net | $139,994 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $111,367 |
| Prepaid expenses and deferred charges | $26,117 |
| Net Land, buildings, and equipment | $1,784,396 |
| Investments—publicly traded securities | $1,791,509 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,673,343 |
| Accounts payable and accrued expenses | $148,766 |
| 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 | $148,766 |
| Net assets without donor restrictions | $4,266,785 |
| Net assets with donor restrictions | $257,792 |
| 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 | $4,673,343 |