Food For The Poor Inc
- Assets
- $77.0m
- Revenue
- $755.0m
- Investments
- $0.0
- Employees
- 422
- Location
- Coconut Creek, FL
- Founding
- 06/1982
- Data as of
- 12/2020
- EIN
- 59-2174510
Organization Overview
Food For The Poor Inc is located in Coconut Creek, FL. The organization was established in 1982. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Food For The Poor Inc employed 422 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food For The Poor 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 12/2020, Food For The Poor Inc generated $755.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $726.8m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Food For The Poor Inc has awarded 93 individual grants totaling $27,354,809. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AID TO IMPROVE THE HEALTH, ECONOMIC, SOCIAL, AND SPIRITUAL CONDITIONS OF THE POOR.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHCARE - IN 2021, FOOD FOR THE POOR SHIPPED OVER 841 TRAILER LOADS OF LIFESAVING MEDICINES, MEDICAL SUPPLIES AND EQUIPMENT, PERSONAL PROTECTION EUIPMENT, MASKS, SANITIZER, AND OTHER CRITICAL ESSENTIALS TO HELP MAINTAIN CLINICS, HOSPITALS AND MEDICAL-CARE CENTERS TO PROVIDE MUCH NEEDED MEDICAL CARE TO POVERTY-STRICKEN CHILDREN AND FAMILIES.
BASIC NEEDS - FOOD FOR THE POOR DISTRIBUTES AID TO SUPPORT THE FEEDING, CLOTHING AND SHELTERING OF THE POOR. FOR THOSE ALREADY STRUGGLING WITH HARDSHIP OF POVERTY, THE SUFFERING WAS AMPLIFIED IN 2021 WITH DEADLY DISASTERS AND ONGOING GLOBAL PANDEMIC. FFTP PROVIDED FOOD FOR 247 MILLION MEALS FOR HUNGRY CHILDREN AND FAMILIES. WE WERE ABLE TO TRANSFORM LIVES THROUGH LIFE SUSTAINING PROGRAMS AND PROJECTS.
COMMUNITY SUPPORT & DEVELOPMENT - WATER WELLS, AGRICULTURAL TOOLS, SEEDS, TRAINING AND OTHER GRANTS WERE DISTRIBUTED ENABLING NUMEROUS COMMUNITIES TO GROW THEIR OWN FOOD. AQUACULTURE PONDS, FISHING VILLAGES, FRUIT TREE NURSURIES, ANIMAL HUSBANDRY PROJECTS AND OTHER PROGRAMS GIVE THE POOR FRESH HOPE FOR A BETTER TOMORROW.
EDUCATION - FOOD FOR THE POOR WAS ABLE TO BUILD, REPAIR OR EXPAND SCHOOLS AND SHIP NUMEROUS TRACTOR-TRAILER LOADS OF SCHOOL FURNITURE, BOOKS AND EDUCATIONAL SUPPLIES TO SCHOOLS, PROVIDING CHILDREN WITH VALUABLE TOOLS FOR LEARNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Raine President/ceo | OfficerTrustee | 50 | $301,298 |
Mark A Khouri Evp/coo | Officer | 50 | $244,700 |
Alvaro J Pereira Evp Church Alliance | Officer | 50 | $233,046 |
Natalie F Carlisle Evp/chief Develop. Officer | Officer | 50 | $228,362 |
Dennis A North Evp/cao/cfo | Officer | 50 | $201,128 |
Gail Hamaty-Bird Evp/gen. Counsel/secretary | Officer | 50 | $184,100 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
One & All Inc Tv Production & Consulting | 12/30/21 | $181,800 |
C Grant & Company Church Alliance Fundraising Consulting | 12/30/21 | $407,003 |
Rkd Group Llc Major Fundraising Consulting | 12/30/21 | $345,259 |
Tibco Software Inc Data Management And Software Services | 12/30/21 | $445,389 |
Perlman & Perlman Llp Legal Services | 12/30/21 | $291,139 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $754,904,577 |
| Investment income | $123,766 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,177 |
| Net Gain/Loss on Asset Sales | -$16,508 |
| Net Income from Fundraising Events | -$73,366 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $754,997,118 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $651,006,417 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $2,319,369 |
| Compensation to disqualified persons | $318,020 |
| Other salaries and wages | $19,236,147 |
| Pension plan accruals and contributions | $340,433 |
| Other employee benefits | $3,440,830 |
| Payroll taxes | $1,518,025 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $364,760 |
| Fees for services: Accounting | $71,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $623,614 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,533 |
| Advertising and promotion | $14,167,717 |
| Office expenses | $8,269,488 |
| Information technology | $1,633,282 |
| Royalties | $0 |
| Occupancy | $410,221 |
| Travel | $461,345 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,164 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $526,464 |
| Insurance | $274,998 |
| All other expenses | $0 |
| Total functional expenses | $726,837,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,778,021 |
| Pledges and grants receivable | $5,898,709 |
| 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 | $1,490,716 |
| Investments—publicly traded securities | $13,294,489 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,797,218 |
| Total assets | $77,007,092 |
| Accounts payable and accrued expenses | $6,137,966 |
| 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 | $4,593,057 |
| Other liabilities | $0 |
| Total liabilities | $10,731,023 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $66,276,069 |
Grants Awarded
Over the last fiscal year, Food For The Poor Inc has awarded $3,296,687 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Jacksonville, FL PURPOSE: Charitable Aid | $411,300 |
Ellicott City, MD PURPOSE: Charitable Aid | $407,417 |
HIGHLAND PARK UNITED METHODIST PURPOSE: Charitable Aid | $363,000 |
Dallas, TX PURPOSE: Charitable Aid | $356,000 |
Clinton, MD PURPOSE: Charitable Aid | $326,400 |
Brooklyn, NY PURPOSE: Charitable aid | $265,265 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Food For The Poor Inc has recieved totaling $764,800.
| Awarding Organization | Amount |
|---|---|
Weingartz Family Foundation Shelby Twp, MI PURPOSE: ASSISTANCE FOR INDIGENT FAMILIES | $750,000 |
Marh Foundation Inc Miami, FL PURPOSE: GENERAL USE | $5,000 |
Bay Branch Foundation Boca Raton, FL PURPOSE: TO FINANCE PROGRAM DEVELOPMENT | $3,000 |
Yusko Family Foundation Chapel Hill, NC PURPOSE: GENERAL SUPPORT | $2,500 |
John M And Kathy R Wright Family Charitable Foundation Owensboro, KY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,500 |
Christian Charities Foundation Peoria, IL PURPOSE: CHRISTIAN MINISTRY | $1,400 |
Endowment Analysis
| Beg. Balance | $277,146 |
| Earnings | $40,617 |
| Ending Balance | $317,763 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Food For The Poor Inc Coconut Creek, FL | $77,007,092 | $754,997,118 |
Map International Brunswick, GA | $268,872,217 | $821,912,380 |
Habitat For Humanity International Inc Americus, GA | $541,988,739 | $439,439,083 |
Love A Child Inc Fort Myers, FL | $28,821,954 | $47,162,962 |
Salvadoran American Humanitarian Foundation Inc Miami, FL | $1,584,356 | $23,865,224 |
Advocates For World Health Inc Largo, FL | $1,849,097 | $14,932,639 |
Kids Alive International Inc Alpharetta, GA | $13,632,036 | $14,142,637 |
Compassion Heritage Foundation Inc Jacksonville, FL | $2,359,960 | $11,606,072 |
African Mission Healthcare Foundation DeLand, FL | $29,885,359 | $23,989,461 |
Amigos For Christ Buford, GA | $4,217,846 | $8,607,219 |
Insulin For Life Usa Inc Gainesville, FL | $7,217,189 | $8,108,896 |
Watoto Child Care Ministry Inc Tampa, FL | $4,552,352 | $8,144,856 |