Clemmons Food Pantry Inc
- Assets
- $1.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Clemmons, NC
- Founding
- 04/2012
- Data as of
- 06/2022
- EIN
- 45-4522542
Organization Overview
Clemmons Food Pantry Inc is located in Clemmons, NC. The organization was established in 2012. 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. Clemmons Food Pantry Inc 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, Clemmons Food Pantry Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $982.3k during the year ending 06/2022. While expenses have increased by 13.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE IN THE CHARITABLE AND/OR EDUCATIONAL PURPOSE OF PROVIDING FOOD AND SUSTENANCE SERVICES TO THOSE RESIDENTS OF FORSYTH COUNTY WHO ARE UNABLE TO PROVIDE FOR THEMSELVES OR THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD PANTRY
CAPITAL EXPANSION
FOOD PANTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Derrick Webb President Em | OfficerTrustee | 0 | $0 |
Steve Eller President | OfficerTrustee | 2 | $0 |
Patrick Sizemore Vice Preside | OfficerTrustee | 0.5 | $0 |
John Whiteside Treasurer | OfficerTrustee | 2 | $0 |
Julia Hyett Secretary | OfficerTrustee | 1 | $0 |
Elizabeth Vance Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,064,737 |
| Noncash contributions included in lines 1a–1f | $788,755 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,064,737 |
| Total Program Service Revenue | $52,150 |
| Investment income | $147 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,271 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,131,305 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,947 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $633 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $893,517 |
| Advertising and promotion | $4,312 |
| Office expenses | $5,239 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,276 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,140 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $30,985 |
| Insurance | $10,609 |
| All other expenses | $0 |
| Total functional expenses | $982,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $411,840 |
| Savings and temporary cash investments | $2,653 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $49,552 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $639,770 |
| Investments—publicly traded securities | $6,410 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $533 |
| Total assets | $1,110,758 |
| Accounts payable and accrued expenses | $0 |
| 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 | $134,166 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $134,166 |
| Net assets without donor restrictions | $976,592 |
| 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 | $1,110,758 |
Grants Recieved
Over the last fiscal year, we have identified 18 grants that Clemmons Food Pantry Inc has recieved totaling $13,821.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $5,500 |
Triumph Group Charitable Foundation Berwyn, PA PURPOSE: GENERAL OPERATING | $5,000 |
Reynolds American Foundation Winston Salem, NC PURPOSE: CHARITABLE ACTIVITIES | $1,000 |
Stone Family Foundation Inc Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $646 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Feed More Inc Richmond, VA | $45,221,610 | $83,224,269 |
Second Harvest Food Bank Of Northwest North Carolina Inc Winston Salem, NC | $40,643,437 | $84,978,237 |
Blue Ridge Area Food Bank Inc Verona, VA | $30,715,187 | $59,706,112 |
Harvest Hope Food Bank Columbia, SC | $18,459,507 | $52,907,942 |
Feeding America Southwest Virginia Salem, VA | $17,067,057 | $39,793,171 |
Second Harvest Food Bank Of East Tennessee Maryville, TN | $28,785,775 | $40,115,958 |
Foodbank Of Southeastern Virginia Norfolk, VA | $23,372,380 | $36,248,967 |
Chattanooga Area Food Bank Inc Chattanooga, TN | $13,005,178 | $40,483,306 |
Manna Food Bank Inc Asheville, NC | $28,506,662 | $36,666,910 |
Second Harvest Of South Georgia Inc Valdosta, GA | $19,828,071 | $36,132,665 |
Golden Harvest Food Bank Inc Augusta, GA | $21,730,028 | $42,603,313 |
Second Harvest Food Bank Of Northeast Tennessee Inc Kingsport, TN | $15,480,531 | $35,274,720 |