Sanford Soup Kitchen Inc
- Assets
- $396.5k
- Revenue
- $227.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Sanford, NC
- Founding
- 09/1990
- Data as of
- 12/2022
- EIN
- 58-1906931
Organization Overview
Sanford Soup Kitchen Inc is located in Sanford, NC. The organization was established in 1990. According to its NTEE Classification (K35) the organization is classified as: Soup Kitchens, 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. Sanford Soup Kitchen 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, Sanford Soup Kitchen Inc generated $227.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $142.1k during the year ending 12/2022. While expenses have increased by 5.5% 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 A FREE HOT MEAL TO THOSE INDIVIDUALS WHO CANNOT AFFORD ONE AND WHO WOULD OTHERWISE GO HUNGRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED MEALS ON A DAILY BASIS TO INDIVIDUALS WHO COULD NOT AFORD ONE AND WHO OTHERWISE WOULD HAVE GONE HUNGRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Jones III President & CEO | Officer | 2 | $0 |
Sue Vester Secretary | Officer | 4 | $0 |
Gail Wolwark Director | Trustee | 2 | $0 |
Larry Herron Director | Trustee | 2 | $0 |
Bev Harp Director | Trustee | 2 | $0 |
Faith Tannenbaum Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $176,968 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $176,968 |
| Total Program Service Revenue | $0 |
| 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 | $227,713 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,535 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,100 |
| Advertising and promotion | $0 |
| Office expenses | $777 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,574 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,603 |
| Insurance | $2,901 |
| All other expenses | $2,792 |
| Total functional expenses | $142,081 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,765 |
| Savings and temporary cash investments | $148,685 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $110,060 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $396,510 |
| Accounts payable and accrued expenses | $0 |
| 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 |
| Total liabilities | $2 |
| Net assets without donor restrictions | $396,508 |
| Net assets with donor restrictions | $0 |
| 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 | $396,510 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Sanford Soup Kitchen Inc has recieved totaling $275,693.
| Awarding Organization | Amount |
|---|---|
Food Bank Of Central & Eastern North Carolina Inc Raleigh, NC PURPOSE: FIGHT HUNGER | $146,866 |
Restoring Hope Center Inc Laurinburg, NC PURPOSE: Feeding Needy Families | $128,827 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Out Of The Garden Project Greensboro, NC | $854,188 | $5,020,855 |
Angels And Sparrows Soup Kitchen Inc Huntersville, NC | $1,878,678 | $1,653,277 |
Triune Mercy Center Greenville, SC | $3,725,859 | $1,217,664 |
The Spartanburg Soup Kitchen Inc Spartanburg, SC | $1,675,723 | $1,201,843 |
The Community Kitchen Inc Canton, NC | $585,895 | $352,811 |
Rome-Floyd County Community Soup Kitchen Inc Rome, GA | $873,113 | $248,146 |
Sanford Soup Kitchen Inc Sanford, NC | $396,510 | $227,713 |
Belmont Community Resource Services Richmond, VA | $59,151 | $0 |
Jesus Others & You Greenville, NC | $693,863 | $291,190 |
Breaking Bread For Jesus Inc Lyman, SC | $506,320 | $174,317 |
Greenwood Soup Kitchen Ministries Inc Greenwood, SC | $155,600 | $0 |
Stepping Stone Mission Of Franklin County Rocky Mount, VA | $241,912 | $98,420 |