Maui Food Bank Inc
- Assets
- $8.7m
- Revenue
- $17.7m
- Investments
- $0.0
- Employees
- 14
- Location
- Wailuku, HI
- Founding
- 07/1995
- Data as of
- 06/2021
- EIN
- 99-0315110
Organization Overview
Maui Food Bank Inc is located in Wailuku, HI. The organization was established in 1995. 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 06/2021, Maui Food Bank Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maui Food Bank 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 06/2021, Maui Food Bank Inc generated $17.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.6% each year . All expenses for the organization totaled $15.8m during the year ending 06/2021. While expenses have increased by 19.9% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE MAUI FOOD BANK IS TO HELP THE HUNGRY IN MAUI COUNTY BY COLLECTING AND DISTRIBUTING FOOD THROUGH COMMUNITY PARTNERSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MAUI FOOD BANK IS THE ONLY NON-PROFIT AGENCY IN MAUI COUNTY THAT COLLECTS, WAREHOUSES AND DISTRIBUTES MASS QUANTITIES OF BOTH PERISHABLE AND NON-PERISHABLE FOOD. THE MAUI FOOD BANK COORDINATES SERVICE DELIVERY OF DONATED FOOD TO NEEDY INDIVIDUALS AND FAMILIES THROUGH A NETWORK OF OVER 120 AGENCIES THAT ARE MEMBERS OF THE FOOD BANK IN MAUI COUNTY INCLUDING AGENCIES ON THE ISLANDS OF LANAI AND MOLOKAI. THE MAUI FOOD BANK PROVIDES A CHARITABLE SAFETY NET THAT THOUSANDS OF LOW-INCOME MAUI COUNTY RESIDENTS RELY ON TO MAKE IT THROUGH EACH MONTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Yust Executive Director | Officer | 60 | $139,832 |
Mark Harbison Board Chair | OfficerTrustee | 1 | $0 |
Karin Carlson Board Secretary | OfficerTrustee | 1 | $0 |
Jorge Tirona Board Treasurer | OfficerTrustee | 1 | $0 |
Glenn Brooking Board Member | Trustee | 1 | $0 |
Moana Lutey Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,301,789 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,215,720 |
| Noncash contributions included in lines 1a–1f | $8,147,335 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,517,509 |
| Total Program Service Revenue | $120,929 |
| Investment income | $18,176 |
| 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 | $17,679,982 |
| 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. | $178,380 |
| Compensation of current officers, directors, key employees. | $107,028 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $673,071 |
| Pension plan accruals and contributions | $44,187 |
| Other employee benefits | $116,647 |
| Payroll taxes | $72,148 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $172 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,209 |
| Fees for services: Other | $5,939 |
| Advertising and promotion | $0 |
| Office expenses | $617,833 |
| Information technology | $26,658 |
| Royalties | $0 |
| Occupancy | $208,696 |
| Travel | $187 |
| 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 | $191,022 |
| Insurance | $53,522 |
| All other expenses | $37,982 |
| Total functional expenses | $15,787,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,163,679 |
| Savings and temporary cash investments | $847,594 |
| Pledges and grants receivable | $115,800 |
| Accounts receivable, net | $10,417 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $285,180 |
| Prepaid expenses and deferred charges | $58,720 |
| Net Land, buildings, and equipment | $2,457,227 |
| Investments—publicly traded securities | $767,013 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,705,630 |
| Accounts payable and accrued expenses | $218,438 |
| 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 | $218,438 |
| Net assets without donor restrictions | $8,016,024 |
| Net assets with donor restrictions | $471,168 |
| 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 | $8,705,630 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Maui Food Bank Inc has recieved totaling $17,000.
| Awarding Organization | Amount |
|---|---|
Ouida And Doc Hill Foundation Honolulu, HI PURPOSE: FOOD BANK ASSISTANCE | $16,500 |
Hiram Leong Fong And Ellyn Lo Fong Wailuku, HI PURPOSE: SOCIAL SERVICE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foodbank Of Santa Barbara County Santa Barbara, CA | $21,738,268 | $40,150,474 |
Food Finders Inc Los Alamitos, CA | $2,284,318 | $29,438,106 |
Second Harvest Food Bank Santa Cruz County Watsonville, CA | $24,793,254 | $37,137,121 |
Yolo Food Bank Woodland, CA | $15,358,381 | $27,117,699 |
Maui Food Bank Inc Wailuku, HI | $8,705,630 | $17,679,982 |
Chronicle Season Of Sharing Fund San Francisco, CA | $6,841,559 | $17,696,249 |
Aloha Harvest Honolulu, HI | $1,577,196 | $14,284,049 |
The Food Basket Inc Hilo, HI | $8,560,702 | $11,986,942 |
Emergency Food Bank Stockton, CA | $4,658,043 | $12,815,382 |
Loaves & Fishes Family Kitchen San Jose, CA | $10,477,295 | $12,232,910 |
Imperial Valley Food Bank Imperial, CA | $8,961,226 | $9,918,858 |
Food Bank Coalition Of San Luis Obispo County San Luis Obispo, CA | $10,663,552 | $12,122,062 |