Somervell County Food Bank
- Assets
- $162.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glen Rose, TX
- Founding
- 07/2010
- Data as of
- 12/2021
- 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 12/2021, Somervell County Food Bank generated $92.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $66.5k during the year ending 12/2021. While expenses have increased by 12.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
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 |
|---|---|---|---|
James D Taylor Administrato | 0 | $21,600 | |
Charity Hatley Secretary | 0 | $0 | |
Sharon Lawler Director | 0 | $0 | |
Anita G Walsh Director | 0 | $0 | |
Pam Reynolds Vice Chair | 0 | $0 | |
Thomas A Scott Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,311 |
| 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 | $92,311 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,114 |
| Professional fees and other payments to independent contractors | $549 |
| Occupancy, rent, utilities, and maintenance | $9,302 |
| Printing, publications, postage, and shipping | $184 |
| Other expenses | $32,315 |
| Total expenses | $66,464 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $90,607 |
| Other assets | $0 |
| Total assets | $162,466 |
| Total liabilities | $597 |
| Net assets or fund balances | $161,869 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Somervell County Food Bank has recieved totaling $16,200.
| Awarding Organization | Amount |
|---|---|
The Community Fdn Of Middle Tn Inc Nashville, TN PURPOSE: FOR DELEK TOURNAMENT FOR HOPE AUCTION | $16,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wichita Falls Area Food Bank Wichita Falls, TX | $9,498,885 | $9,862,172 |
Food Bank Of Abilene Inc Abilene, TX | $7,456,810 | $7,903,273 |
Minnies Food Pantry Inc Plano, TX | $11,307,056 | $7,241,674 |
Foodbank Of North Central Arkansas Norfork Community Care Program Inc Norfork, AR | $3,972,455 | $5,577,020 |
Community Pantry Gallup, NM | $959,655 | $5,727,019 |
Community Link Mission Inc Saginaw, TX | $1,121,434 | $6,492,945 |
Harvesting International Ministry Center Inc Mansfield, TX | $565,911 | $4,398,880 |
Concho Valley Regional Food Bank Of Texas Inc San Angelo, TX | $3,268,643 | $4,575,335 |
The Junction Of Denton County Denton, TX | $1,324,304 | $2,473,422 |
A Christian Food Pantry Inc Richardson, TX | $651,159 | $2,331,333 |
Lawton Food Bank Inc Lawton, OK | $2,448,355 | $2,395,113 |
Food Bank Of Eastern New Mexico Inc Clovis, NM | $1,160,502 | $2,273,364 |