Backpack Blessings Inc
- Assets
- $310.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Bern, NC
- Founding
- 06/2013
- Data as of
- 06/2023
- EIN
- 46-2130254
Organization Overview
Backpack Blessings Inc is located in New Bern, NC. The organization was established in 2013. According to its NTEE Classification (K30) the organization is classified as: Food Programs, 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. Backpack Blessings 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 06/2023, Backpack Blessings Inc generated $161.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $140.7k during the year ending 06/2023. While expenses have increased by 5.4% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE NOURISHMENT TO NEEDY STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Becky Hughes President | 2.85 | $0 | |
Mary Coleman Vice Preside | 0.35 | $0 | |
Anthony G Salem Treasurer | 1.85 | $0 | |
Sheron Bender Secretary | 0.35 | $0 | |
Susan Sawyer Board Member | 0.15 | $0 | |
Carole Hart Board Member | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $105,125 |
| Total Program Service Revenue | $55,840 |
| Membership dues | $0 |
| Investment income | $180 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $161,145 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $21,530 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $710 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $118,464 |
| Total expenses | $140,704 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $292,528 |
| Other assets | $0 |
| Total assets | $310,231 |
| Total liabilities | $563 |
| Net assets or fund balances | $309,668 |