The Food Bank Inc
- Assets
- $193.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Statesboro, GA
- Founding
- 11/1989
- Data as of
- 12/2022
- EIN
- 58-1857406
Organization Overview
The Food Bank Inc is located in Statesboro, GA. The organization was established in 1989. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Bank 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 12/2022, Food Bank Inc generated $88.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $77.3k during the year ending 12/2022. While expenses have increased by 1.5% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
THIS ORGANIZATION PROVIDES FOOD TO THOSE IN NEED IN THE STATESBORO, GA / BULLOCH COUNTY, GA AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Colbert President | 5 | $0 | |
Earl Anderson Vice Preside | 5 | $0 | |
Debbie Vives Treasurer | 10 | $0 | |
Johnny Tremble Secretary | 5 | $0 | |
Janis Hodges Bell Board Member | 2 | $0 | |
Carlos Brown Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,503 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $208 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $88,711 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,562 |
| Professional fees and other payments to independent contractors | $10,805 |
| Occupancy, rent, utilities, and maintenance | $18,142 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,811 |
| Total expenses | $77,320 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $189,520 |
| Other assets | $0 |
| Total assets | $193,620 |
| Total liabilities | $1,946 |
| Net assets or fund balances | $191,674 |