Concern For Neighbors Food Bank
- Assets
- $569.0k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Mountlake Terrace, WA
- Founding
- 04/2000
- Data as of
- 06/2022
- EIN
- 91-2027084
Organization Overview
Concern For Neighbors Food Bank is located in Mountlake Terrace, WA. The organization was established in 2000. 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. Concern For Neighbors 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 06/2022, Concern For Neighbors Food Bank generated $1.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $974.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 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
WE COLLECT AND DISTRIBUTE FOOD AND OTHER NECESSARY HOUSEHOLD ITEMS TO THOSE IN NEED IN OUR LOCAL COMMUNITY. THE FOOD WE DISTRIBUTE COMES FROM FOOD DRIVES, GROCERY STORES, INDIVIDUAL DONATIONS, VOLUNTEERS OF AMERICA, NORTHWEST HARVEST, AND FOOD WE PURCHASE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ASSISTED 16,490 INDIVIDUALS (4,745) HOUSEHOLDS) THIS YEAR WITH AN AVERAGE OF 70 POUNDS OF FOOD PER HOUSEHOLD PER VISIT. WE WERE OPEN ONCE A WEEK FOR 52 WEEKS.4,745 FAMILIES X 70 (AVERAGE PER FAMILY)=389,380 X $1.82 = $708,672WE WERE GIVEN A TOTAL OF 488,477 POUNDS OF FOOD (X $1.82 PER POUND).WE AVERAGED ABOUT 20 PER CENT IN FOOD WASTE PER WEEK, PER OUR DIRECTOR.) WE ALSO DONATED 6,000 POUNDS OF FOOD TO EDMONDS SCHOOL DISTRICT FOUNDATION IN SUPPORT OF THEIR POP UP PANTRIES.
IN ADDITION TO FOOD, WE HELPED HOUSEHOLDS PAY VITAL BILLS SUCH AS UTILITIES, MOST CLIENTS RECEIVED $75-$100 IN THIS FORM OF ASSISTANCE, WHICH WE PAID DIRECTLY TO THE VENDOR. THE CLIENTS WERE ABLE TO REQUEST THIS HELP ONCE EVERY SIX MONTHS. CLIENTS WERE ALSO ELIGIBLE TO RECEIVE BUS TICKETS EVERY THREE MONTHS TO ASSIST IN GETTING TO AND FROM THE FOOD BANK.WE ALSO GAVE OUT ALMOST $50,000 IN SAFEWAY GIFT CARDS.
A $250 DONATION WAS GIVEN TO CLOTHES FOR KIDS, AN ORGANIZATION THAT HELPED MANY OF OUR FAMILIES WITH CLOTHING AND SHOES.A $750 DONATION WAS GIVEN TO THE SOUTH SNOHOMISH COUNTY TOY SHOP, AN ORGANIZATION THAT ASSISTED MANY OF OUR CLIENTS WITH HOLIDAY GIFTS FOR THEIR CHILDREN.A $1,000 DONATION WAS GIVEN TO NORTHWEST HARVEST.
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 |
|---|---|---|---|
Kim O'kane Board Member | Trustee | 2 | $0 |
Janet Segur Board Member | Trustee | 2 | $0 |
Damien Meiburger Board Member | Trustee | 1 | $0 |
Mike Begeman Executive Director | OfficerTrustee | 20 | $20,000 |
Tanner Lyon Treasurer | OfficerTrustee | 1 | $0 |
Darrell Buchanan Board Member | Trustee | 10 | $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 | $1,047,764 |
| Noncash contributions included in lines 1a–1f | $889,028 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,047,764 |
| Total Program Service Revenue | $0 |
| Investment income | $142 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,047,906 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $920,879 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $22,536 |
| Compensation of current officers, directors, key employees. | $11,268 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,534 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $942 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,654 |
| 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 | $1,859 |
| Insurance | $7,458 |
| All other expenses | $364 |
| Total functional expenses | $974,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $334,135 |
| Savings and temporary cash investments | $172,268 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $62,630 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $569,033 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $569,033 |
| 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 | $569,033 |