Laguna Food Pantry
- Assets
- $2.5m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 10
- Location
- Laguna Beach, CA
- Founding
- 03/1994
- Data as of
- 11/2023
- EIN
- 33-0593551
Organization Overview
Laguna Food Pantry is located in Laguna Beach, CA. The organization was established in 1994. According to its NTEE Classification (M24) the organization is classified as: Fire Prevention, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. As of 11/2023, Laguna Food Pantry employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laguna Food Pantry 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 11/2023, Laguna Food Pantry generated $4.0m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $3.7m during the year ending 11/2023. While expenses have increased by 12.1% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FREE GROCERIES TO INDIVIDUALS AND FAMILIES IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVERY WEEKDAY FROM 8 TO 10:30A.M., LAGUNA FOOD PANTRY PROVIDES FREE, FRESH, NUTRITIOUS GROCERS TO APPROXIMATELY 200 FAMILIES PER DAY IN THEIR ONE LOCATION IN LAGUNA BEACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Belyea Executive Dir. | Officer | 40 | $107,958 |
Susan Thomas Chair | OfficerTrustee | 13 | $0 |
Lesli Henderson Vice Chair | OfficerTrustee | 15 | $0 |
Patricia O'brien Secretary | OfficerTrustee | 1 | $0 |
Anthony Tony Palma Treasurer | OfficerTrustee | 5 | $0 |
Korey Jorgensen Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $321,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,679,186 |
| Noncash contributions included in lines 1a–1f | $2,830,900 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,000,436 |
| Total Program Service Revenue | $0 |
| Investment income | $46,095 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$11,215 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,035,316 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,825,660 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $107,500 |
| Compensation of current officers, directors, key employees. | $9,141 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $200,885 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $25,098 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,114 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,023 |
| Fees for services: Other | $0 |
| Advertising and promotion | $355 |
| Office expenses | $20,708 |
| Information technology | $1,890 |
| Royalties | $0 |
| Occupancy | $12,245 |
| Travel | $11,649 |
| 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 | $12,466 |
| Insurance | $7,197 |
| All other expenses | $40,359 |
| Total functional expenses | $3,687,643 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,798 |
| Savings and temporary cash investments | $239,552 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $61,290 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $42,246 |
| Prepaid expenses and deferred charges | $2,005 |
| Net Land, buildings, and equipment | $198,246 |
| Investments—publicly traded securities | $1,733,997 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $167,490 |
| Total assets | $2,527,624 |
| Accounts payable and accrued expenses | $57,961 |
| 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 | $67,476 |
| Total liabilities | $125,437 |
| Net assets without donor restrictions | $2,390,456 |
| Net assets with donor restrictions | $11,731 |
| 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 | $2,527,624 |