Second Harvest Food Bank Of East Tennessee
- Assets
- $28.8m
- Revenue
- $40.1m
- Investments
- $0.0
- Employees
- 56
- Location
- Maryville, TN
- Founding
- 11/1981
- Data as of
- 06/2022
- EIN
- 58-1450139
Organization Overview
Second Harvest Food Bank Of East Tennessee is located in Maryville, TN. The organization was established in 1981. 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, Second Harvest Food Bank Of East Tennessee employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Second Harvest Food Bank Of East Tennessee 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, Second Harvest Food Bank Of East Tennessee generated $40.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $39.3m during the year ending 06/2022. While expenses have increased by 4.6% 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.
Since 2019, Second Harvest Food Bank Of East Tennessee has awarded 12 individual grants totaling $407,133. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ASSESS AND ADDRESS THE NUTRITIONAL NEEDS OF ALL PEOPLE EXPERIENCING HUNGER IN OUR 18 COUNTY EAST TENNESSEE SERVICE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SECOND HARVEST FOOD BANK SERVES CLIENTS THROUGH MOBILE DISTRIBUTIONS WHEN LOCAL COMMUNITY LACKS INFRASTRUCTURE. THE FOOD FOR KIDS PROGRAM SERVES STUDENTS WEEKLY TO SUPPLEMENT FOOD OVER THE WEEKENDS. THE FOOD RESCUE PROGRAM REDUCES FOOD WASTE BY RESCUING FOOD FROM GROCERS, RESTAURANTS, AND FARMERS TO REROUTE IT FROM LANDFILLS TO PARTNER AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elaine Streno Executive Director | Officer | 40 | $166,395 |
Jacob Ogle President | OfficerTrustee | 1 | $0 |
Patrick Birmingham Vice President | OfficerTrustee | 1 | $0 |
Lori Hickok Secretary/treasurer | OfficerTrustee | 1 | $0 |
Shannon Johnson Board Member | Trustee | 1 | $0 |
John Ross Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $283,870 |
| Membership dues | $0 |
| Fundraising events | $14,162 |
| Related organizations | $0 |
| Government grants | $753,169 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,038,094 |
| Noncash contributions included in lines 1a–1f | $27,966,948 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,089,295 |
| Total Program Service Revenue | $2,509,881 |
| Investment income | $97,094 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $21,493 |
| Net Income from Fundraising Events | -$11,106 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $40,115,958 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $243,868 |
| 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. | $166,396 |
| Compensation of current officers, directors, key employees. | $49,919 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,316,980 |
| Pension plan accruals and contributions | $59,969 |
| Other employee benefits | $429,543 |
| Payroll taxes | $182,705 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $234,216 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $89,778 |
| Advertising and promotion | $0 |
| Office expenses | $8,471 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $101,005 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,851 |
| Interest | $548 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $402,752 |
| Insurance | $105,751 |
| All other expenses | $494,085 |
| Total functional expenses | $39,309,219 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,088,097 |
| Savings and temporary cash investments | $25 |
| Pledges and grants receivable | $173,324 |
| Accounts receivable, net | $206,107 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,838,250 |
| Prepaid expenses and deferred charges | $49,627 |
| Net Land, buildings, and equipment | $6,341,436 |
| Investments—publicly traded securities | $18,083,390 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,519 |
| Total assets | $28,785,775 |
| Accounts payable and accrued expenses | $710,016 |
| 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 | $710,016 |
| Net assets without donor restrictions | $27,392,822 |
| Net assets with donor restrictions | $682,937 |
| 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 | $28,785,775 |
Grants Awarded
Over the last fiscal year, Second Harvest Food Bank Of East Tennessee has awarded $385,233 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Sevierville, TN PURPOSE: FOR THE OPERATION OF FOOD PANTRIES IN INSECURE AREAS. | $107,800 |
Sevierville, TN PURPOSE: FOR THE OPERATION OF FOOD PANTRIES IN INSECURE AREAS. | $107,800 |
Sevierville, TN PURPOSE: FOR THE OPERATION OF FOOD PANTRIES IN INSECURE AREAS. | $107,800 |
Knoxville, TN PURPOSE: FOR THE OPERATION OF MOBILE FOOD PANTRIES IN INSECURE AREAS. | $14,611 |
Knoxville, TN PURPOSE: FOR THE OPERATION OF MOBILE FOOD PANTRIES IN INSECURE AREAS. | $14,611 |
Knoxville, TN PURPOSE: FOR THE OPERATION OF MOBILE FOOD PANTRIES IN INSECURE AREAS. | $14,611 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Second Harvest Food Bank Of East Tennessee has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
John And Doris Clayton Foundation Gatlinburg, TN PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY | $4,000 |
Endowment Analysis
| Beg. Balance | $3,949 |
| Ending Balance | $3,949 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St Louis Area Food Bank Inc Bridgeton, MO | $42,018,188 | $114,234,438 |
Mid-South Food Bank Memphis, TN | $44,109,838 | $120,096,219 |
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 |
Gods Pantry Food Bank Inc Lexington, KY | $29,295,834 | $63,304,764 |
Mississippi Food Network Inc Jackson, MS | $23,144,263 | $77,392,396 |
Montgomery Area Food Bank Inc Montgomery, AL | $21,621,044 | $72,895,777 |
Blue Ridge Area Food Bank Inc Verona, VA | $30,715,187 | $59,706,112 |
The Food Bank For Central & Northeast Missouri Inc Columbia, MO | $22,373,866 | $57,336,993 |
Feeding The Gulf Coast Theodore, AL | $30,651,678 | $51,935,641 |
Dare To Care Inc Louisville, KY | $30,243,323 | $45,399,567 |
Feeding America Southwest Virginia Salem, VA | $17,067,057 | $39,793,171 |