Greater Waterville Area Food Bank
- Assets
- $156.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waterville, ME
- Founding
- 09/2011
- Data as of
- 12/2021
- EIN
- 27-0589448
Organization Overview
Greater Waterville Area Food Bank is located in Waterville, ME. The organization was established in 2011. 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. Greater Waterville 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, Greater Waterville Area Food Bank generated $58.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (29.2%) each year. All expenses for the organization totaled $35.7k during the year ending 12/2021. 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
WATERVILLE FOOD BANK IS AN ALL-VOLUNTEER ORGANIZATION. WE ARE NEIGHBORS AND FRIENDS WORKING TOGETHER TO HELP EACH OTHER PROVIDE FOOD ASSISTANCE TO OUR NEIGHBORS IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandy Kostron Director | 1 | $0 | |
Scott Campbell Director | 1 | $0 | |
Sarah Libby Treasurer | 2 | $0 | |
Joanne Booth Secretary | 2 | $0 | |
Martha Lloyd Director | 1 | $0 | |
Beth Thomas Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,930 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $41 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,971 |
| 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 | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $32,683 |
| Total expenses | $35,683 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $156,218 |
| Other assets | $0 |
| Total assets | $156,218 |
| Total liabilities | $26,000 |
| Net assets or fund balances | $130,218 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Greater Waterville Area Food Bank has recieved totaling $25.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $25 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Augusta Food Bank Augusta, ME | $1,219,516 | $1,872,352 |
Share Outreach Incorporated Milford, NH | $2,894,736 | $1,574,463 |
South Portland Food Cupboard South Portland, ME | $613,838 | $1,526,393 |
Youth Full Maine Biddeford, ME | $104,308 | $615,024 |
Bar Harbor Food Pantry Bar Harbor, ME | $856,007 | $511,439 |
Lakes Region Food Pantry Moultonborough, NH | $684,592 | $457,691 |
Area Churches Working Together Colebrook, NH | $62,341 | $206,408 |
Falmouth Food Pantry Inc Falmouth, ME | $233,083 | $244,528 |
Veggies To Table Newcastle, ME | $189,091 | $0 |
Loudon Food Pantry Loudon, NH | $140,937 | $217,243 |
The Rindge Food Pantry Rindge, NH | $58,513 | $165,980 |
Loaves And Fishes Food Pantry Ellsworth, ME | $1,154,240 | $256,177 |