The Feed Store
- Assets
- $1.7m
- Revenue
- $144.1k
- Investments
- $0.0
- Employees
- 1
- Location
- Albany, TX
- Founding
- 08/2007
- Data as of
- 12/2021
- EIN
- 61-1517172
Organization Overview
The Feed Store is located in Albany, TX. The organization was established in 2007. According to its NTEE Classification (K34) the organization is classified as: Congregate Meals, 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. Feed Store 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 12/2021, Feed Store generated $144.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $139.2k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NON DENOMINATIONAL YOUTH MISSION FACILITY WHERE THE YOUTH OF ALBANY AND THE SURROUNDING AREA WILL HAVE A SAFE AND SUPERVISED PLACE TO PLAY, STUDY, AND RELAX.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE THE YOUTH OF ALBANY AND THE SURROUNDING AREA A SAFE AND SUPERVISED PLACE TO PLAY, STUDY, AND RELAX IN A NON DENOMINATIONAL YOUTH MISSION FACILITY.
PROVIDE EDUCATIONAL SUPPORT SCHOLARSHIPS TO REWARD AND ENCOURAGE ALBANY AND SURROUNDING AREA YOUTH TOWARD SECONDARY EDUCATION CHOICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amanda Tabor Director | Trustee | 1 | $0 |
Cari Heatly Director | Trustee | 1 | $0 |
Kim Neece Director | Trustee | 1 | $0 |
Clint Chapman President | Trustee | 1 | $0 |
Chris Beard Vice President | Trustee | 1 | $0 |
Jonathan Scott Director | Trustee | 1 | $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 | $34,498 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,498 |
| Total Program Service Revenue | $0 |
| Investment income | $22,485 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $83,987 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $144,109 |
| 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 | $30,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,659 |
| Payroll taxes | $2,283 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,234 |
| Fees for services: Other | $0 |
| Advertising and promotion | $90 |
| Office expenses | $4,848 |
| Information technology | $632 |
| Royalties | $0 |
| Occupancy | $24,636 |
| 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 | $27,671 |
| Insurance | $0 |
| All other expenses | $701 |
| Total functional expenses | $139,198 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,162 |
| Savings and temporary cash investments | $0 |
| 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 | $872,066 |
| Investments—publicly traded securities | $781,267 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,681,495 |
| 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 | $0 |
| Total liabilities | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $1,681,495 |
| Total liabilities and net assets/fund balances | $1,681,495 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Feed Store has recieved totaling $584.
| Awarding Organization | Amount |
|---|---|
Texas Prairieland Foundation Albany, TX PURPOSE: RELIGIOUS | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $84 |
Endowment Analysis
| Beg. Balance | $736,029 |
| Earnings | $106,472 |
| Admin Expense | $11,234 |
| Other Expense | $50,000 |
| Ending Balance | $781,267 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Diocese Of Baton Rouge Child Nutrition Program Baton Rouge, LA | $7,138,235 | $11,301,272 |
Project H E A R T Inc Shawnee, OK | $2,448,749 | $3,346,609 |
Tri County Senior Nutrition Project Incorporated Denison, TX | $2,959,835 | $4,141,423 |
Rainbow Senior Center Boerne, TX | $5,956,886 | $1,161,815 |
Meals For The Elderly San Angelo, TX | $3,060,739 | $1,562,554 |
Weese Providers Inc Batchelor, LA | $169,650 | $1,244,067 |
Washington County Healthy Living Association Brenham, TX | $4,362,562 | $791,175 |
Nourishing The Nations Odessa, TX | $61,858 | $265,322 |
The Dallas Breakfast Group Dallas, TX | $138,545 | $199,500 |
The Feed Store Albany, TX | $1,681,495 | $144,109 |
St Francis Diner Inc New Iberia, LA | $277,493 | $0 |
Lawton Mobile Meals Inc Lawton, OK | $74,745 | $0 |