Food Bank Of Lincoln Inc
- Assets
- $19.5m
- Revenue
- $19.3m
- Investments
- $0.0
- Employees
- 43
- Location
- Lincoln, NE
- Founding
- 03/1982
- Data as of
- 06/2022
- EIN
- 47-0640293
Organization Overview
Food Bank Of Lincoln Inc is located in Lincoln, NE. The organization was established in 1982. 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, Food Bank Of Lincoln Inc employed 43 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Bank Of Lincoln 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, Food Bank Of Lincoln Inc generated $19.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $17.7m during the year ending 06/2022. While expenses have increased by 0.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ALLEVIATE HUNGER IN SOUTHEAST NEBRASKA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOOD BANK OPERATIONS DEPARTMENT DISTRIBUTES FOOD THROUGH ITS 49 NON-PROFIT PARTNERS IN SOUTHEAST NEBRASKA AND MOBILE PANTRY DISTRIBUTIONS. THE DEPARTMENT IS CHARGED WITH THE SAFE DELIVERY OF FOOD TO AROUND 28,000 HOUSEHOLDS A MONTH.MOBILE PANTRY DISTRIBUTIONS OCCUR AN AVERAGE OF 30 TIMES WITHIN A MONTH IN LINCOLN AND 15 RURAL COUNTIES.
THE FOOD BANK OF LINCOLN'S CHILD HUNGER PROGRAMS PARTER WITH 118 SCHOOLS IN A 16-COUNTY AREA TO DISTRIBUTE FOOD THROUGH SCHOOL FOOD MARKET AND BACKPACK PROGRAMS. THE ORGANIZATION ALSO OPERATES A SUMMER FOOD SERVICE PROGRAM, WHICH PROVIDES HEALTHY MEALS TO CHILDREN AND TEENS IN LOW-INCOME AREAS DURING SUMMER MONTHS WHEN SCHOOL IS NOT IN SESSION. COMBINED, IT IS ESTIMATED THAT THE CHILD HUNGER PROGRAMS SERVICED 7,737 TOTAL HOUSEHOLDS IN FY 22.
THE FOOD BANK HAS TW0 FULL-TIME SNAP OUTREACH EMPLOYEES WHO PROVIDE FOOD STAMP ASSISTANCE IN THE FOOD BANK'S SIXTEEN COUNTY SERVICE AREA. THE SNAP OUTREACH TEAM CONNECTS PEOPLE TO AN ESTIMATED 1.5 MILLION MEALS ANNUALLY THROUGH FOOD STAMP OUTREACH.
THE BRIDGES OUT OF POVERTY PROGRAM PROVIDES PERIODIC TRAININGS TO COMMUNITY GROUPS, INDIVIDUALS, EMPLOYERS, AND DONORS THAT PROVIDE A DEEPER UNDERSTANDING OF THE CULTURE OF POVERTY THROUGH INNOVATIVE ACTION AND DISCUSSIONS RELATED TO THE FACTORS OF ECONOMIC CLASS AND TOOLS FOR CHANGE THAT CAN LEAD TO LOWERING POVERTY RATES. THE INITIATIVE ALSO WORKS SPECIFICALLY WITH LOW-INCOME INDIVIDUALS THROUGH A CLASS CALLED GETTING AHEAD IN A JUST-GETTIN' BY WORLD TO HELP INDIVIDUALS GAIN MORE STABILITY IN THEIR LIVES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michaella Kumke President & CEO | Officer | 40 | $92,014 |
Scott Young Former President & CEO | Officer | 1 | $54,515 |
Paula Hodges Vice Presdient | OfficerTrustee | 1 | $0 |
Drvann Price Secretary | OfficerTrustee | 1 | $0 |
Stephanie Vanous President | OfficerTrustee | 1 | $0 |
Ron Jester Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $98,714 |
| Related organizations | $0 |
| Government grants | $3,125,909 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,149,824 |
| Noncash contributions included in lines 1a–1f | $10,843,333 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,374,447 |
| Total Program Service Revenue | $35,759 |
| Investment income | $14,528 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $819,302 |
| Net Income from Fundraising Events | -$3,295 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,256,547 |
| 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. | $123,710 |
| Compensation of current officers, directors, key employees. | $56,907 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,458,661 |
| Pension plan accruals and contributions | $54,919 |
| Other employee benefits | $284,020 |
| Payroll taxes | $117,316 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $250,436 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $11,996 |
| Advertising and promotion | $107,937 |
| Office expenses | $265,863 |
| Information technology | $87,239 |
| Royalties | $0 |
| Occupancy | $274,043 |
| Travel | $195,205 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,686 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $225,395 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $17,672,543 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $339,129 |
| Savings and temporary cash investments | $6,457,057 |
| Pledges and grants receivable | $1,096,224 |
| Accounts receivable, net | $10,335 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,152,257 |
| Prepaid expenses and deferred charges | $91,989 |
| Net Land, buildings, and equipment | $10,387,818 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $19,534,809 |
| Accounts payable and accrued expenses | $961,471 |
| 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 | $0 |
| Total liabilities | $961,471 |
| Net assets without donor restrictions | $16,730,979 |
| Net assets with donor restrictions | $1,842,359 |
| 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 | $19,534,809 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Food Bank Of Lincoln Inc has recieved totaling $70,750.
| Awarding Organization | Amount |
|---|---|
Rogers Foundation Lincoln, NE PURPOSE: CHARITABLE PURPOSE | $40,000 |
First Interstate Bancsystem Foundation Inc Billings, MT PURPOSE: GENERAL OPERATING SUPPORT | $20,750 |
Second Step Foundation Minneapolis, MN PURPOSE: PROGRAM SUPPORT TO REDUCE HUNGER | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Weld Food Bank Greeley, CO | $11,364,016 | $19,346,172 |
Northeast Iowa Food Bank Inc Waterloo, IA | $13,006,987 | $17,224,102 |
Food Bank Of Lincoln Inc Lincoln, NE | $19,534,809 | $19,256,547 |