Food For Life Network Inc
- Assets
- $787.4k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 6
- Location
- Miami, FL
- Founding
- 12/1988
- Data as of
- 06/2022
- EIN
- 59-2815277
Organization Overview
Food For Life Network Inc is located in Miami, FL. The organization was established in 1988. According to its NTEE Classification (K36) the organization is classified as: Meals on Wheels, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2022, Food For Life Network Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food For Life Network 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 06/2022, Food For Life Network Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $1.7m during the year ending 06/2022. While expenses have increased by 5.4% 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
ASSIST THOSE DISADVANTAGED BY HIV/AIDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD BANK PROGRAM PROVIDES DIRECT FOOD VOUCHERS AND GROCERIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Corbett Secretary | OfficerTrustee | 0.5 | $0 |
Jay Beskin President & Chair | OfficerTrustee | 0.5 | $0 |
Sonja Smith Treasurer | OfficerTrustee | 0.5 | $0 |
Keenan Karwan CFO | Officer | 1 | $0 |
Richard Siclari Chief Executive Officer | Officer | 1 | $0 |
Michelle Arizmendi Vice President/vice Chair | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,640,712 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,911 |
| Noncash contributions included in lines 1a–1f | $49,210 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,748,623 |
| Total Program Service Revenue | $0 |
| Investment income | $495 |
| 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 | $1,749,180 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,103,990 |
| 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 | $164,364 |
| Pension plan accruals and contributions | $7,245 |
| Other employee benefits | $43,948 |
| Payroll taxes | $15,853 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,117 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $39,305 |
| Advertising and promotion | $0 |
| Office expenses | $14,246 |
| Information technology | $359 |
| Royalties | $0 |
| Occupancy | $49,752 |
| Travel | $2,056 |
| 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 | $0 |
| Insurance | $6,271 |
| All other expenses | $3,649 |
| Total functional expenses | $1,672,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $119 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $618,920 |
| 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 | $26,319 |
| Prepaid expenses and deferred charges | $5,760 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $136,232 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $787,350 |
| Accounts payable and accrued expenses | $38,593 |
| Grants payable | $0 |
| Deferred revenue | $120 |
| 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 | $30,759 |
| Total liabilities | $69,472 |
| Net assets without donor restrictions | $717,878 |
| 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 | $787,350 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Food For Life Network Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Coregiving Co Chicago, IL PURPOSE: Fighting hunger in the U.S. | $19,500 |
The Central National-Gottesman Foundation Purchase, NY PURPOSE: GENERAL PURPOSE | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Open Hand Atlanta Inc Atlanta, GA | $17,906,863 | $15,425,420 |
Meals On Wheels Plus Of Manatee Inc Bradenton, FL | $12,489,866 | $15,533,458 |
Meals On Wheels Of Tampa Inc Tampa, FL | $11,387,714 | $5,719,002 |
Meals On Wheels Etc Inc Sanford, FL | $1,746,744 | $3,474,524 |
Beverly J Searles Foundation Sandy Springs, GA | $17,035,487 | $5,670,761 |
Food For Life Network Inc Miami, FL | $787,350 | $1,749,180 |
Meals On Wheels Of Polk County Inc Winter Haven, FL | $1,200,837 | $1,204,930 |
Meals On Wheels Of The Palm Beaches Inc West Palm Beach, FL | $2,340,102 | $1,315,189 |
Sunshine For All Inc Miami, FL | $543,509 | $1,144,259 |
Meals On Wheels Of Central Alabama Birmingham, AL | $537,694 | $786,104 |
Venice Area Mobile Meals Inc Venice, FL | $1,723,621 | $579,470 |
East Pasco Meals On Wheels Inc Zephyrhills, FL | $890,940 | $428,095 |