Maui Food Bank Inc
- Assets
- $10.3m
- Revenue
- $9.3m
- Investments
- $0.0
- Employees
- 14
- Location
- Wailuku, HI
- Founding
- 07/1995
- Data as of
- 06/2022
- 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 06/2022, 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 06/2022, Maui Food Bank Inc generated $9.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $7.5m during the year ending 06/2022. While expenses have increased by 5.9% 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
2022
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 170 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.MAUI FOOD BANK'S ALOHA BACKPACK BUDDIES PROGRAM PROVIDES A BACKPACK FILLED WITH SIX MEALS. NEEDY STUDENTS RECEIVE THIS BACKPACK ON FRIDAYS TO TAKE HOME. CURRENTLY THERE ARE 34 SCHOOLS PARTICIPATING IN THIS PROGRAM.
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 |
|---|---|---|---|
Mark Harbison Board Chair | OfficerTrustee | 2.5 | $0 |
Karin Carlson Board Secretary | OfficerTrustee | 2 | $0 |
Jorge Tirona Board Treasurer | OfficerTrustee | 2 | $0 |
Glenn Brooking Board Member | Trustee | 2 | $0 |
Malika Dudley Board Member | Trustee | 2 | $0 |
Jason Economou Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $582,595 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,589,819 |
| Noncash contributions included in lines 1a–1f | $4,387,468 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,172,414 |
| Total Program Service Revenue | $114,448 |
| Investment income | $18,259 |
| 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 | $9,306,702 |
| 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. | $158,022 |
| Compensation of current officers, directors, key employees. | $79,011 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $647,480 |
| Pension plan accruals and contributions | $40,193 |
| Other employee benefits | $84,363 |
| Payroll taxes | $70,889 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $39,784 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,683 |
| Fees for services: Other | $9,532 |
| Advertising and promotion | $9,279 |
| Office expenses | $214,410 |
| Information technology | $25,709 |
| Royalties | $0 |
| Occupancy | $178,951 |
| Travel | $2,873 |
| 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 | $250,338 |
| Insurance | $52,378 |
| All other expenses | $19,152 |
| Total functional expenses | $7,488,887 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,779,653 |
| Savings and temporary cash investments | $1,347,296 |
| Pledges and grants receivable | $62,429 |
| Accounts receivable, net | $19,376 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $150,359 |
| Prepaid expenses and deferred charges | $58,730 |
| Net Land, buildings, and equipment | $2,184,163 |
| Investments—publicly traded securities | $660,975 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $10,262,981 |
| Accounts payable and accrued expenses | $93,573 |
| 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 | $93,573 |
| Net assets without donor restrictions | $9,515,847 |
| Net assets with donor restrictions | $653,561 |
| 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 | $10,262,981 |