Titusville Area Food Bank
- Assets
- $87.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Titusville, PA
- Founding
- 06/1983
- Data as of
- 12/2021
- EIN
- 25-1438433
Organization Overview
Titusville Area Food Bank is located in Titusville, PA. The organization was established in 1983. 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. Titusville Area 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 12/2021, Titusville Area Food Bank generated $66.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $57.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
DISTRIBUTION OF FOOD AND GARDEN PRODUCE DONATED BY THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy White Vice Chairperson | 1 | $0 | |
Karen Ross Chairperson | 10 | $0 | |
Fay Corley Executive Director | 40 | $0 | |
Ralph Dearment Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,688 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $66,688 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $24,418 |
| Printing, publications, postage, and shipping | $4,300 |
| Other expenses | $28,672 |
| Total expenses | $57,390 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $48,717 |
| Other assets | $0 |
| Total assets | $87,827 |
| Total liabilities | $0 |
| Net assets or fund balances | $87,827 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Titusville Area Food Bank has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Five M Foundation Titusville, PA PURPOSE: FINANCIAL GIVING TO FURTHER DONEE'S EXEMPT PURPOSE | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Shared Harvest Foodbank Inc Fairfield, OH | $6,818,793 | $10,472,321 |
Food Pantry Network Of Licking County Newark, OH | $2,688,502 | $9,110,429 |
York County Food Bank York, PA | $7,741,170 | $9,567,818 |
Anne Arundel County Food Bank Inc Crownsville, MD | $5,138,809 | $7,635,444 |
Masbia Of Queens Brooklyn, NY | $208,695 | $6,270,720 |
Interfaith Food Pantry Inc Morris Plains, NJ | $8,140,579 | $7,741,813 |
Heart Food Pantry Reynoldsburg, OH | $525,127 | $5,507,528 |
Bnai Raphael Chesed Organization Inc Brooklyn, NY | $178,311 | $4,342,622 |
Franklin Township Food Bank Somerset, NJ | $1,398,898 | $4,669,180 |
Reb Shayalas Kitchen Monsey, NY | $87,179 | $3,500,867 |
Sephardic Food Fund Inc New York, NY | $2,017,531 | $3,873,990 |
Food Bank Association Of New York State Albany, NY | $1,662,336 | $3,136,286 |