Feeding The Valley Inc
- Assets
- $18.8m
- Revenue
- $27.0m
- Investments
- $0.0
- Employees
- 56
- Location
- Columbus, GA
- Founding
- 06/1983
- Data as of
- 06/2023
- EIN
- 58-1498131
Organization Overview
Feeding The Valley Inc is located in Columbus, GA. 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 06/2023, Feeding The Valley Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Feeding The Valley 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, Feeding The Valley Inc generated $27.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.1% each year . All expenses for the organization totaled $24.7m during the year ending 06/2023. While expenses have increased by 41.3% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FOOD DISTRIBUTION TO THE NEEDY. THE FOOD BANK DISTRIBUTES FOOD TO QUALIFIED ORGANIZATIONS THAT FEED THE NEEDY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD DISTRIBUTION TO THE NEEDY. THE FOOD BANK DISTRIBUTES FOOD TO QUALIFIED ORGANIZATIONS THAT FEED THE NEEDY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Sheppard President & CEO | OfficerTrustee | 40 | $157,828 |
Donovan Granville Board Member | Trustee | 0 | $0 |
Greg Auten Treasurer | OfficerTrustee | 0 | $0 |
Alston Auten Chairman | Trustee | 0 | $0 |
Brad Botkin Board Member | Trustee | 0 | $0 |
Angela Drakeford Board Member | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $389,000 |
| Government grants | $2,081,163 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,970,010 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,440,173 |
| Total Program Service Revenue | $513,327 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,953,500 |
| 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. | $157,828 |
| Compensation of current officers, directors, key employees. | $31,566 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,229,815 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $189,973 |
| Payroll taxes | $136,945 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $238,305 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,497 |
| Advertising and promotion | $33,353 |
| Office expenses | $0 |
| Information technology | $22,104 |
| Royalties | $0 |
| Occupancy | $94,857 |
| Travel | $138,659 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,123 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $550,373 |
| Insurance | $108,303 |
| All other expenses | $254,822 |
| Total functional expenses | $24,655,899 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,188,850 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $75,000 |
| Accounts receivable, net | $731,958 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,257,358 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,840,958 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $717,061 |
| Total assets | $18,811,185 |
| Accounts payable and accrued expenses | $111,228 |
| 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 | $2,130,829 |
| Total liabilities | $2,242,057 |
| Net assets without donor restrictions | $16,160,128 |
| Net assets with donor restrictions | $409,000 |
| 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 | $18,811,185 |