Holt Community Food Bank
- Assets
- $224.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Holt, MI
- Founding
- 04/2001
- Data as of
- 09/2023
- EIN
- 38-3550668
Organization Overview
Holt Community Food Bank is located in Holt, MI. The organization was established in 2001. 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. Holt Community 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 09/2023, Holt Community Food Bank generated $88.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.4%) each year. All expenses for the organization totaled $107.8k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 8 years. 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FOOD ASSISTANCE TO THE NEEDY IN THE COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Denise Davis President | 2.5 | $0 | |
Barbara Davies Treasurer | 2.5 | $0 | |
Bree Vining Secretary | 2.5 | $0 | |
Roy Sweet Director | 2.5 | $0 | |
Raymond Robins Director | 2.5 | $0 | |
David Hornack Director | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $79,231 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,019 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,406 |
| Other Revenue | $0 |
| Total Revenue | $88,656 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,781 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $15,433 |
| Printing, publications, postage, and shipping | $1,148 |
| Other expenses | $81,484 |
| Total expenses | $107,846 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $206,113 |
| Other assets | $0 |
| Total assets | $224,615 |
| Total liabilities | $700 |
| Net assets or fund balances | $223,915 |