Foodbank For The Heartland
- Assets
- $18.1m
- Revenue
- $45.9m
- Investments
- $0.0
- Employees
- 66
- Location
- Omaha, NE
- Founding
- 08/1983
- Data as of
- 06/2022
- EIN
- 47-0637701
Organization Overview
Foodbank For The Heartland is located in Omaha, NE. The organization was established in 1983. 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. As of 06/2022, Foodbank For The Heartland employed 66 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foodbank For The Heartland 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, Foodbank For The Heartland generated $45.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $49.9m during the year ending 06/2022. While expenses have increased by 10.3% 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 PROVIDE EMERGENCY AND SUPPLEMENTAL FOOD TO THE PEOPLE IN NEED IN NEBRASKA AND W. IOWA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD BANK FOR THE HEARTLAND, INC. IS A NONPROFIT ORGANIZATION THAT IS SUPPORTED PRIMARILY BY DONOR CONTRIBUTIONS OF FOOD AND MONEY. THE ORGANIZATION COLLECTS OR PURCHASES SURPLUS OR SALVAGEABLE FOOD AND REDISTRIBUTES IT TO AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Barks President And CEO | Officer | 50 | $139,990 |
Kelly Ptacek VP Of External Affairs | Officer | 50 | $116,207 |
Nate Christ Board Treasurer | OfficerTrustee | 1 | $0 |
Susan Violi Board Secretary | OfficerTrustee | 1 | $0 |
Denise Mccauley Chair Emeritus | OfficerTrustee | 1 | $0 |
Chad Werner Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,670,731 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,697,236 |
| Noncash contributions included in lines 1a–1f | $31,756,630 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,367,967 |
| Total Program Service Revenue | $2,992 |
| Investment income | $106,697 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,000 |
| Net Income from Fundraising Events | $376,944 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $45,859,600 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $256,197 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,555,947 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $741,278 |
| Payroll taxes | $282,012 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $277,139 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,651 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $578,829 |
| Insurance | $139,761 |
| All other expenses | $2,264,828 |
| Total functional expenses | $49,892,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,723,389 |
| Savings and temporary cash investments | $403,137 |
| Pledges and grants receivable | $248,654 |
| Accounts receivable, net | $650,730 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $954,553 |
| Prepaid expenses and deferred charges | $58,596 |
| Net Land, buildings, and equipment | $5,944,582 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $2,647,510 |
| Intangible assets | $0 |
| Other assets | $458,856 |
| Total assets | $18,090,007 |
| Accounts payable and accrued expenses | $932,715 |
| Grants payable | $0 |
| Deferred revenue | $118,493 |
| 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 | $199,418 |
| Total liabilities | $1,250,626 |
| Net assets without donor restrictions | $16,319,819 |
| Net assets with donor restrictions | $519,562 |
| 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 | $18,090,007 |
Grants Awarded
Over the last fiscal year, Foodbank For The Heartland has awarded $98,910 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HEART MINISTRY PURPOSE: HUNGER COLLABORATIVE | $48,783 |
Omaha, NE PURPOSE: HUNGER COLLABORATIVE | $29,172 |
Omaha, NE PURPOSE: HUNGER COLLABORATIVE | $20,955 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Foodbank For The Heartland has recieved totaling $203,100.
| Awarding Organization | Amount |
|---|---|
Richard Brooke Foundation Omaha, NE PURPOSE: SNAP COUNSELOR & SCHOOL BASED MOBILE PANTRIES. | $150,000 |
Joseph R And Barbara A Gard Family Foundation Lincoln, NE PURPOSE: TO PROVIDE FOOD FOR PEOPLE IN NEED. | $20,000 |
Second Step Foundation Minneapolis, MN PURPOSE: PROGRAM SUPPORT TO REDUCE HUNGER | $10,000 |
The Charles B Preacher Foundation Omaha, NE PURPOSE: PROVIDE FOOD FOR THE POOR | $10,000 |
Backer Family Charitable Trust Omaha, NE PURPOSE: GENERAL FUND | $7,100 |
Harvey & Arlone Twyman Memorial Tr Foundation Omaha, NE PURPOSE: UNRESTRICTED GRANT | $5,000 |
Endowment Analysis
| Beg. Balance | $1,750,213 |
| Earnings | -$215,481 |
| Admin Expense | $14,155 |
| Ending Balance | $1,520,577 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Louis Area Food Bank Inc Bridgeton, MO | $42,018,188 | $114,234,438 |
Care And Share Inc Colorado Springs, CO | $21,708,396 | $54,268,690 |
The Food Bank For Central & Northeast Missouri Inc Columbia, MO | $22,373,866 | $57,336,993 |
Foodbank For The Heartland Omaha, NE | $18,090,007 | $45,859,600 |
River Bend Food Reservoir Davenport, IA | $24,095,771 | $42,604,149 |
Operation Food Search Inc St Louis, MO | $20,475,685 | $35,729,892 |
Food Bank Of Iowa Des Moines, IA | $30,639,112 | $46,724,130 |
Feeding South Dakota Sioux Falls, SD | $24,678,313 | $28,354,516 |
Second Harvest Community Food Bank St Joseph, MO | $4,776,863 | $25,456,301 |
Kansas Food Bank Warehouse Inc Wichita, KS | $25,177,689 | $24,577,284 |
Food Bank For Larimer County Loveland, CO | $23,780,959 | $24,388,782 |
Southeast Missouri Food Bank Sikeston, MO | $15,964,674 | $22,933,570 |