The Food Basket Inc

Organization Overview

The Food Basket Inc is located in Hilo, HI. The organization was established in 2008. 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 12/2021, Food Basket Inc employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Basket 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 12/2021, Food Basket Inc generated $12.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $11.6m during the year ending 12/2021. While expenses have increased by 17.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE FOOD BASKET, INC. IS TO END HUNGER IN HAWAII COUNTY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

WITH COVID19 STILL IMPACTING OUR ISLAND IN 2021, THE FOOD BASKET CONTINUED ITS EMERGENCY FOOD RESPONSE WITH PROGRAMS DESIGNED TO MEET THE NEEDS OF OUR PANDEMIC AFFECTED RESIDENTS, WHILE ALSO PROVIDING DIGNIFIED FOOD ACCESS REGARDLESS OF GEOGRAPHY. IMPLEMENTATION OF OUR LARGE-SCALE DRIVE-THROUGH OHANA COMMUNITY FOOD DROPS REMAINED ONE OF THE MOST EFFECTIVE AND EFFICIENT WAYS TO DISTRIBUTE FOOD ACROSS THE 4,028 SQUARE MILES OF HAWAII ISLAND. IN 2021, WE CONDUCTED 65 OHANA DROPS THAT SERVED OVER 31,000 FAMILIES AND NEARLY 130,000 INDIVIDUALS. CUMULATIVELY, THE FOOD BASKET DISTRIBUTED OVER 4 MILLION POUNDS OF FOOD.


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Board, Officers & Key Employees

Name (title)Compensation
Kristin Frost Albrecht
Executive Director
$86,606
Dennis Lin
Treasurer
$0
Ann Ebesuno
Chair
$0
Julia Zee
Secretary
$0
Warren Lee
Vice Chair
$0
Stephen Ueda
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$9,178,876
Noncash contributions included in lines 1a–1f $5,143,788
Total Revenue from Contributions, Gifts, Grants & Similar$9,178,876
Total Program Service Revenue$2,804,488
Investment income $2,143
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 $11,986,942

Grants Recieved

Over the last fiscal year, we have identified 2 grants that The Food Basket Inc has recieved totaling $27,000.

Awarding OrganizationAmount
Ouida And Doc Hill Foundation

Honolulu, HI

PURPOSE: FOOD ASSISTANCE PROGRAM

$17,000
Gates Family Foundation

Denver, CO

PURPOSE: UNRESTRICTED

$10,000
View Grant Recipient Profile

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