Ocean Park Food Bank
- Assets
- $198.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ocean Park, WA
- Founding
- 01/2010
- Data as of
- 12/2021
- EIN
- 27-0852377
Organization Overview
Ocean Park Food Bank is located in Ocean Park, WA. 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. Ocean Park 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, Ocean Park Food Bank generated $113.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $47.6k during the year ending 12/2021. While expenses have increased by 5.0% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sheri Hoyer Vice President | 15 | $0 | |
Kathy Smith Director | 15 | $0 | |
Sheryl Wren Director | 15 | $0 | |
Michael Goldberg President | 21 | $0 | |
Charlotte Paliani Treasurer | 18 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,025 |
| 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 | $113,025 |
| 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 | $150 |
| Occupancy, rent, utilities, and maintenance | $15,731 |
| Printing, publications, postage, and shipping | $246 |
| Other expenses | $31,441 |
| Total expenses | $47,568 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $198,255 |
| Other assets | $0 |
| Total assets | $198,255 |
| Total liabilities | $0 |
| Net assets or fund balances | $198,255 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ocean Park Food Bank has recieved totaling $4,950.
| Awarding Organization | Amount |
|---|---|
Herbert Zahl Foundation Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $4,950 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alternatives To Hunger Bellingham, WA | $14,845,040 | $9,214,173 |
Bonney Lake Community Resources Buckley, WA | $943,649 | $8,388,464 |
Helping Hands Food Bank Of Sedro Woolley Sedro Woolley, WA | $3,405,345 | $7,836,034 |
West Seattle Food Bank Seattle, WA | $4,611,291 | $5,862,402 |
Tri-Cities Food Bank Kennewick, WA | $2,774,652 | $5,081,989 |
Kenai Peninsula Food Bank Inc Soldotna, AK | $2,981,723 | $4,001,585 |
Klamath Lake Counties Food Bank Klamath Falls, OR | $1,612,904 | $4,075,542 |
Lynnwood Food Bank Lynnwood, WA | $1,188,066 | $3,976,420 |
The Des Moines Area Food Bank Des Moines, WA | $1,178,620 | $3,336,094 |
Feeding Washington Spokane, WA | $2,589,992 | $3,199,826 |
Port Angeles Food Bank Port Angeles, WA | $1,951,814 | $3,399,926 |
Blaine County Hunger Coalition Inc Bellevue, ID | $17,882,066 | $5,335,562 |