Rhode Island Community Food Bank Association
- Assets
- $24.8m
- Revenue
- $26.5m
- Investments
- $0.0
- Employees
- 70
- Location
- Providence, RI
- Founding
- 05/1982
- Data as of
- 06/2022
- EIN
- 05-0395601
Organization Overview
Rhode Island Community Food Bank Association is located in Providence, RI. The organization was established in 1982. 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, Rhode Island Community Food Bank Association employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhode Island Community Food Bank Association 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, Rhode Island Community Food Bank Association generated $26.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $27.1m during the year ending 06/2022. While expenses have increased by 7.0% per year over the past 7 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.
Since 2015, Rhode Island Community Food Bank Association has awarded 150 individual grants totaling $2,924,880. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LIFE FOR ALL RHODE ISLANDERS BY ADVANCING SOLUTIONS TO THE PROBLEM OF HUNGER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOOD BANK DISTRIBUTED 15.0 MILLION POUNDS OF FOOD TO ITS MEMBER AGENCIES DURING THE YEAR ENDED JUNE 30, 2022. THIS INCLUDES DONATED FOOD FROM THE FOOD INDUSTRY AND COMMUNITY FOOD DRIVES; PERISHABLE FOOD RESCUE; FRESH PRODUCE DONATED BY GROWERS; THE UNITED STATES DEPARTMENT OF AGRICULTURE (USDA) NUTRITION PROGRAMS; FEMA MEALS; AND FOOD PURCHASES. FOOD PURCHASES WERE LIMITED TO FOOD ITEMS THAT COMPLEMENT WHAT WAS RECEIVED THROUGH DONATION. THE FOOD BANK IS COMMITTED TO ACQUIRING AND DISTRIBUTING NUTRITIOUS FOODS THAT INDIVIDUALS AND FAMILIES CAN USE TO MAKE MEALS, WHAT WE CALL CORE FOOD, SUCH AS FRESH, FROZEN, AND CANNED FRUITS AND VEGETABLES, DAIRY, GRAINS, AND PROTEIN. THIS YEAR, 92% OF ALL DISTRIBUTED FOOD WAS CORE, HEALTHY FOOD.
KIDS CAFE SERVES WHOLESOME EVENING MEALS TO CHILDREN AT RISK OF HUNGER, SUPPLEMENTING SCHOOL NUTRITION PROGRAMS. IN 2022, THE FOOD BANK OPERATED THREE KIDS CAFE SITES, SERVING AN AVERAGE OF 200 CHILDREN PER DAY. SITES WERE LOCATED AT THE EAST PROVIDENCE BOYS & GIRLS CLUB, THE PAWTUCKET YMCA, AND SEGUE IFL SCHOOL IN CENTRAL FALLS. A TOTAL OF OVER 28,000 MEALS WERE PROVIDED TO THE THREE SITES.
HEALTHY HABITS IS A NUTRITION EDUCATION PROGRAM FOR CLIENTS OF MEMBER AGENCIES. THE FOOD BANK OFFERS SIX-WEEK CLASSES AND WORKSHOPS FEATURING COOKING DEMONSTRATIONS AND PRACTICAL ADVICE ON HOW TO SHOP, COOK, AND EAT WITH GOOD HEALTH IN MIND, EVEN ON A LIMITED BUDGET. DURING YEAR ENDED JUNE 30, 2022, 140 PARTICIPATED IN TEN 4-6 WEEK CLASSES; 833 PARTICIPATED IN ONE-TIME WORKSHOPS, AND 6,275 VIEWED HEALTHY HABITS RECIPE DEMONSTRATIONS AND NUTRITION INFORMATION VIDEOS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew Schiff CEO | Officer | 40 | $227,885 |
Jennifer K Tomassini Chief Operating Officer | 40 | $142,795 | |
Christine A Cannata CFO | Officer | 40 | $137,237 |
Lisa Roth Blackman Chief Philanthropy Officer | 40 | $134,639 | |
Michael Disandro Treasurer | OfficerTrustee | 2.5 | $0 |
Edward Handy President | OfficerTrustee | 2.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Randstand Staffing Agency | 6/29/22 | $133,107 |
Western Harvest Value Added Processing | 6/29/22 | $227,192 |
Vertical 6 Inc It Consultant | 6/29/22 | $133,165 |
Davinci Direct Inc Direct Mail Consultant | 6/29/22 | $474,596 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $92,127 |
| Membership dues | $0 |
| Fundraising events | $230,445 |
| Related organizations | $0 |
| Government grants | $6,277,297 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,977,371 |
| Noncash contributions included in lines 1a–1f | $12,148,335 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,577,240 |
| Total Program Service Revenue | $217,356 |
| Investment income | $233,333 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $151,450 |
| Net Gain/Loss on Asset Sales | $337,463 |
| Net Income from Fundraising Events | -$29,373 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,504,097 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $975,555 |
| 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. | $762,796 |
| Compensation of current officers, directors, key employees. | $237,718 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,256,794 |
| Pension plan accruals and contributions | $89,094 |
| Other employee benefits | $479,747 |
| Payroll taxes | $328,262 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,010 |
| Fees for services: Accounting | $39,995 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $34,800 |
| Fees for services: Investment Management | $42,163 |
| Fees for services: Other | $328,483 |
| Advertising and promotion | $36,689 |
| Office expenses | $272,862 |
| Information technology | $234,173 |
| Royalties | $0 |
| Occupancy | $281,092 |
| Travel | $7,970 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,595 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $417,792 |
| Insurance | $52,978 |
| All other expenses | $204,864 |
| Total functional expenses | $27,073,046 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $723,304 |
| Savings and temporary cash investments | $5,838,377 |
| Pledges and grants receivable | $655,396 |
| Accounts receivable, net | $44,490 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,077,484 |
| Prepaid expenses and deferred charges | $324,068 |
| Net Land, buildings, and equipment | $5,740,673 |
| Investments—publicly traded securities | $10,432,110 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $24,835,902 |
| Accounts payable and accrued expenses | $463,614 |
| 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 | $463,614 |
| Net assets without donor restrictions | $23,088,797 |
| Net assets with donor restrictions | $1,283,491 |
| 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 | $24,835,902 |
Grants Awarded
Over the last fiscal year, Rhode Island Community Food Bank Association has awarded $920,404 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
Providence, RI PURPOSE: FOOD | $180,580 |
Providence, RI PURPOSE: FOOD DELIVERY SERVICES | $150,000 |
Providence, RI PURPOSE: FOOD FOR AFGHAN REFUGEES | $93,329 |
Cumberland, RI PURPOSE: TRUCK | $89,539 |
Newport, RI PURPOSE: GENERAL OPERATING | $85,500 |
Washington, DC PURPOSE: FOOD FOR AFGHAN REFUGEES | $49,275 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Rhode Island Community Food Bank Association has recieved totaling $7,625.
| Awarding Organization | Amount |
|---|---|
The Harry M Miriam C & William C Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $7,500 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $75 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $50 |
Endowment Analysis
| Beg. Balance | $4,045,194 |
| Earnings | $364,272 |
| Admin Expense | $24,777 |
| Net Contributions | $532,297 |
| Other Expense | $1,589 |
| Ending Balance | $4,915,398 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Connecticut Foodshare Inc Wallingford, CT | $64,587,641 | $98,816,890 |
Foodshare Inc Bloomfield, CT | $22,505,719 | $52,446,003 |
Rhode Island Community Food Bank Association Providence, RI | $24,835,902 | $26,504,097 |
The Food Bank Of Western Massachusetts Inc Hatfield, MA | $32,478,592 | $28,657,996 |
Worcester County Food Bank Inc Shrewsbury, MA | $18,509,870 | $19,136,564 |
The Open Door Cape Ann Food Pantry Inc Gloucester, MA | $8,508,042 | $7,338,820 |
Merrimack Valley Food Bank Inc Lowell, MA | $5,091,196 | $5,773,148 |
Family Pantry Of Cape Cod Corp The Harwich, MA | $8,217,901 | $5,260,045 |
Food Bank Of Lower Fairfield County Inc Stamford, CT | $7,933,145 | $3,593,728 |
Brookline Food Pantry Inc Brookline, MA | $2,189,044 | $2,580,358 |
The Salem Pantry Inc Salem, MA | $730,790 | $2,165,519 |
Fish Of Greater New Haven New Haven, CT | $227,210 | $1,903,805 |