The Food Bank Of Northern Nevada Inc
- Assets
- $32.1m
- Revenue
- $52.6m
- Investments
- $0.0
- Employees
- 123
- Location
- Sparks, NV
- Founding
- 01/1984
- Data as of
- 06/2023
- EIN
- 94-2924979
Organization Overview
The Food Bank Of Northern Nevada Inc is located in Sparks, NV. The organization was established in 1984. 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, Food Bank Of Northern Nevada Inc employed 123 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Bank Of Northern Nevada Inc 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, Food Bank Of Northern Nevada Inc generated $52.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $50.1m during the year ending 06/2023. While expenses have increased by 6.8% 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
THE FOOD BANK OF NORTHERN NEVADA, INC.S (FOOD BANKS) MISSION IS FEEDING THE HUNGRY TODAY AND SOLVING HUNGER FOR TOMORROW THROUGH COMMUNITY PARTNERSHIP. THE FOOD BANKS VISION IS HEALTHY FOOD. EVERY PERSON, EVERY DAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOOD BANK OF NORTHERN NEVADA IS THE PRIMARY REGIONAL FOOD DISTRIBUTION AND SUPPORT SYSTEM SUPPORTING PEOPLE EXPERIENCING FOOD INSECURITY IN 23 COUNTIES ACROSS NORTHERN NEVADA AND THE EASTERN CALIFORNIA SIERRA. IT DELIVERS AN ARRAY OF PROGRAMS AND SERVICES WHICH TOGETHER CONSTITUTE A MULTI-LEVEL EFFORT TO SOLVE HUNGER, SERVING APPROXIMATELY 140,000 PEOPLE ON AVERAGE EACH MONTH IN FY23. DONATED AND PURCHASED FOOD IS COLLECTED, SORTED, AND DELIVERED TO PEOPLE VIA A NETWORK OF MORE THAN 150 PARTNER AGENCIES AND THROUGH DIRECT-TO-NEIGHBOR PROGRAMS THROUGHOUT OUR 90,000-SQUARE MILE SERVICE AREA. IN FY23, THE FOOD BANK AND ITS PARTNERS DISTRIBUTED MORE THAN 21.6 MILLION POUNDS OF FOODTHE EQUIVALENT OF 19 MILLION MEALS. (CONTINUED ON SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Lamboley Ceopresident | Officer | 40 | $179,033 |
Brian Edwards Chief Financial Officer | Officer | 0 | $124,180 |
Mitchell Fong Director | Trustee | 1 | $0 |
Rodger Stone Director | Trustee | 1 | $0 |
Tony Wynn Director | Trustee | 1 | $0 |
Parvaneh Carter Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $56,123 |
| Related organizations | $0 |
| Government grants | $11,222,685 |
| All other contributions, gifts, grants, and similar amounts not included above | $40,687,350 |
| Noncash contributions included in lines 1a–1f | $38,079,317 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,966,158 |
| Total Program Service Revenue | $545,526 |
| Investment income | $56,647 |
| 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 | $52,568,331 |
| 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. | $337,320 |
| Compensation of current officers, directors, key employees. | $188,260 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,435,003 |
| Pension plan accruals and contributions | $147,764 |
| Other employee benefits | $341,452 |
| Payroll taxes | $353,651 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $298,673 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $183,175 |
| Advertising and promotion | $7,413 |
| Office expenses | $194,987 |
| Information technology | $81,053 |
| Royalties | $0 |
| Occupancy | $135,480 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $84,479 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $756,682 |
| Insurance | $117,651 |
| All other expenses | $87,564 |
| Total functional expenses | $50,145,755 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $277,538 |
| Savings and temporary cash investments | $835,073 |
| Pledges and grants receivable | $2,177,657 |
| Accounts receivable, net | $59,185 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,679,017 |
| Prepaid expenses and deferred charges | $1,000 |
| Net Land, buildings, and equipment | $7,661,378 |
| Investments—publicly traded securities | $18,908,571 |
| Investments—other securities | $0 |
| Investments—program-related | $500,000 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $32,099,419 |
| Accounts payable and accrued expenses | $585,027 |
| Grants payable | $0 |
| Deferred revenue | $770,619 |
| 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 | $1,355,646 |
| Net assets without donor restrictions | $24,879,197 |
| Net assets with donor restrictions | $5,864,576 |
| 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 | $32,099,419 |