Food Security For America Incorporated
- Assets
- $231.9k
- Revenue
- $615.2k
- Investments
- $0.0
- Employees
- 8
- Location
- Smyrna, GA
- Founding
- 10/2012
- Data as of
- 06/2022
- EIN
- 30-0720156
Organization Overview
Food Security For America Incorporated is located in Smyrna, GA. The organization was established in 2012. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, Food Security For America Incorporated employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Security For America Incorporated 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 06/2022, Food Security For America Incorporated generated $615.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $611.7k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
CREATING COMMUNITIES ACROSS AMERICA TO EQUIP THOSE IN NEED OF HEALTHY FRESH FOOD
Describe the Organization's Program Activity:
Part 3 - Line 4a
FSA OPERATES FOOD SECURITY GROUPS AT SPONSOR SITES SO THAT LOW-INCOME FAMILIES HAVE ENOUGH FOOD, LEARN ABOUT HEALTHY LIFESTYLES, FORM UP- LIFTING COMMUNITY, AND HAVE OPPORTUNITY FOR SPIRITUAL EXPRESSION. FROM JULY 1, 2021 TO JUNE 30, 2022 FSA DISTRIBUTED 178,217 POUNDS OF FOOD. BECAUSE OF COVID RESTRICTIONS ON IN-PERSON GROUPS, RELUCTANTLY, FSA HAD TO TRANSITION TO WALK-UP FOOD HANDOUTS. FSA STEPPED UP AND WENT TO FOUR NEW LOW-INCOME NEIGHBORHOODS IN ADDITION TO OUR REGULAR SITES FOR A TOTAL OF NINE LOCATIONS. AT OUR REGULAR SITES, UNDUPLICATED COUNTS: 672 FAMILIES CONSISTING OF 1,590 INDIVIDUALS, 562 OF THOSE INDIVIDUALS OR 35% WERE CHILDREN. AT THE FOUR NEW TEMPORARY LOCATIONS, DUPICATED COUNTS 649 FAMILIES THAT INCLUDED 7,781 INDIVIDUALS IN THOSE FAMILIES, 3,092 OR 40% WERE CHILDREN.
TRAINING NEW AFFILIATES - BECAUSE FORMING NEW COMMUNITY BASED FOOD SECURITY GROUPS WAS NOT FEASIBLE DURING THE COVID PANDEMIC, FSA DID NOT TRAIN ANY NEW AFFILIATES. HOWEVER, FSA IS ACTIVELY SPEAKING WITH POTENTIAL NEW AFFILIATES AND IS PLANNING MORE TRAINING SESSIONS IN THE NEAR FUTURE.
NETWORKING AFFILIATES - AN IMPORTANT PART OF FSAS MISSION IS TO FACILITATE NETWORKING AMONG AFFILIATES ACROSS THE COUNTRY WHO OPERATE THE FOOD SECURITY GROUP MODEL. THESE NETWORKING ACTIVITIES WERE OF NECESSITY CURTAILED DURING THE COVID PANDEMIC. DURING THE FIRST HALF OF 2022, FSAS TENTH ANNIVERSARY YEAR, THE ORGANIZATION PLANNED THE FIRST-EVER, IN-PERSON GATHERING OF AFFILIATES FROM ACROSS THE COUNTRY. THE GATHERING IS PLANNED FOR ATLANTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Yarnell President/ceo | OfficerTrustee | 50 | $75,397 |
Mark Kasis Treasurer | OfficerTrustee | 20 | $0 |
Kelly Smith Chair | OfficerTrustee | 10 | $0 |
Collen Hagan Member | Trustee | 10 | $0 |
Alan Nicely Member | Trustee | 10 | $0 |
Michael Howard Member | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $55,623 |
| All other contributions, gifts, grants, and similar amounts not included above | $559,592 |
| Noncash contributions included in lines 1a–1f | $340,358 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $615,215 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $615,215 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $395,308 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $75,397 |
| Compensation of current officers, directors, key employees. | $8,706 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $76,018 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,115 |
| Payroll taxes | $11,577 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,220 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,171 |
| Information technology | $11,592 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $10,432 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,702 |
| Insurance | $3,203 |
| All other expenses | $0 |
| Total functional expenses | $611,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,062 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,414 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $39,404 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $231,880 |
| Accounts payable and accrued expenses | $6,324 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,324 |
| Net assets without donor restrictions | $225,556 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $231,880 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Food Security For America Incorporated has recieved totaling $143,890.
| Awarding Organization | Amount |
|---|---|
Atlanta Community Food Bank Inc Atlanta, GA PURPOSE: SEE PART IV | $48,490 |
Atlanta Community Food Bank Inc Atlanta, GA PURPOSE: SEE PART IV | $33,578 |
Atlanta Community Food Bank Inc Atlanta, GA PURPOSE: SEE PART IV | $23,761 |
Atlanta Community Food Bank Inc Atlanta, GA PURPOSE: SEE PART IV | $22,543 |
Atlanta Community Food Bank Inc Atlanta, GA PURPOSE: SEE PART IV | $9,040 |
Atlanta Community Food Bank Inc Atlanta, GA PURPOSE: SEE PART IV | $6,478 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Unitehere Union And Employers Health And Welfare Fund Conyers, GA | $0 | $3,903,530 |
Bounty & Soul Black Mountain, NC | $759,613 | $2,538,834 |
Wine & Spirits Wholesalers Of Tennessee Nashville, TN | $2,252,502 | $1,835,883 |
North Carolina Beer And Wine Wholesalers Association Raleigh, NC | $1,653,445 | $1,161,857 |
Global Growers Network Inc Decatur, GA | $1,489,134 | $1,442,426 |
Wine And Spirits Wholesalers Of Georgia Inc Atlanta, GA | $836,576 | $1,011,762 |
Public Markets Inc Ooltewah, TN | $875,543 | $1,266,301 |
Tri-State Exhibition Center Cleveland, TN | $1,640,606 | $1,262,121 |
Food Security For America Incorporated Smyrna, GA | $231,880 | $615,215 |
Jonesborough Locally Grown Jonesborough, TN | $135,152 | $551,145 |
Mcdowell Lfac Nebo, NC | $842,553 | $740,712 |
Toe River Aggregation Center Training Organization Regional Inc Burnsville, NC | $1,065,708 | $512,279 |