Somervell County Food Bank
- Assets
- $182.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glen Rose, TX
- Founding
- 07/2010
- Data as of
- 12/2022
- EIN
- 26-4838398
Organization Overview
Somervell County Food Bank is located in Glen Rose, TX. The organization was established in 2010. 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. Somervell County 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 12/2022, Somervell County Food Bank generated $105.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $85.8k during the year ending 12/2022. While expenses have increased by 11.3% per year over the past 5 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
OPERATION OF A FOOD BANK FOR THE RESIDENTS OF SOMERVELL COUNTY. ALL FOOD ITEMS ARE DISTRIBUTED FREE OF CHARGE TO NEEDY FAMILIES RESIDING IN SOMERVELL COUNTY, TEXAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip Voss Chairman | 0 | $0 | |
Charity Hatley Secretary | 0 | $0 | |
James D Taylor Administrato | 0 | $0 | |
Aelen Weishuhn Treasurer | 0 | $0 | |
Pam Reynolds Vice Chair | 0 | $0 | |
Anita G Walsh Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,642 |
| 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 | $105,642 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,067 |
| Professional fees and other payments to independent contractors | $1,120 |
| Occupancy, rent, utilities, and maintenance | $11,106 |
| Printing, publications, postage, and shipping | $226 |
| Other expenses | $49,312 |
| Total expenses | $85,831 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,813 |
| Other assets | $0 |
| Total assets | $182,255 |
| Total liabilities | $1,351 |
| Net assets or fund balances | $180,904 |