Selma Area Food Bank Inc
- Assets
- $793.4k
- Revenue
- $709.3k
- Investments
- $0.0
- Employees
- 10
- Location
- Selma, AL
- Founding
- 08/2001
- Data as of
- 12/2021
- EIN
- 63-1275167
Organization Overview
Selma Area Food Bank Inc is located in Selma, AL. The organization was established in 2001. 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. As of 12/2021, Selma Area Food Bank Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Selma Area 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 12/2021, Selma Area Food Bank Inc generated $709.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $702.3k during the year ending 12/2021. While expenses have increased by 11.1% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOOD TO THE NEEDY AND TO RAISE AWARENESS OF FOOD INSECURITY IN THE BLACKBELT REGION OF ALABAMA, CONSISTING OF DALLAS, PERRY, MARENGO, AND WILCOX COUNTIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FOOD FOR PEOPLE IN NEED BY OPERATING AS A CLEARINGHOUSE FOR COLLECTING, SORTING, STORING, AND DISTRIBUTING FOOD TO LOCAL COMMUNITY AGENCIES IN CENTRAL ALABAMA, CONSISTING OF DALLAS, MARENGO, PERRY, AND WILCOX COUNTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Harrison Executive Di | Officer | 32 | $46,960 |
Steven South Chairman | OfficerTrustee | $0 | |
Samuel Johnson Vice Chair | OfficerTrustee | $0 | |
Joe Bumbry Treasurer | OfficerTrustee | $0 | |
Kent Woodruff Secretary | OfficerTrustee | $0 | |
Jim Dawson Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $150,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $213,539 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $363,539 |
| Total Program Service Revenue | $345,580 |
| Investment income | $199 |
| 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 | $709,318 |
| 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. | $46,960 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $137,408 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $53,713 |
| Payroll taxes | $18,351 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,989 |
| Office expenses | $15,948 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $33,201 |
| Insurance | $15,561 |
| All other expenses | $28,040 |
| Total functional expenses | $702,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $376,252 |
| 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 | $178,212 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $238,955 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $793,419 |
| Accounts payable and accrued expenses | $18,260 |
| 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 | $18,260 |
| Net assets without donor restrictions | $775,159 |
| 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 | $793,419 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Selma Area Food Bank Inc has recieved totaling $2,604.
| Awarding Organization | Amount |
|---|---|
International Paper Company Foundation Memphis, TN PURPOSE: SAFB MOBILE PANTRY PROGRAM | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $104 |
Weaver-Parrish Charitable Trust Selma, AL PURPOSE: Feeding Poor | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Harry Chapin Food Bank Of Southwest Florida Inc Fort Myers, FL | $18,984,234 | $69,611,824 |
Mississippi Food Network Inc Jackson, MS | $23,144,263 | $77,392,396 |
Montgomery Area Food Bank Inc Montgomery, AL | $21,621,044 | $72,895,777 |
Regional Food Bank Of Northeast Florida Inc Jacksonville, FL | $13,173,202 | $61,079,810 |
Feeding The Gulf Coast Theodore, AL | $30,651,678 | $51,935,641 |
Second Harvest Food Bank Of East Tennessee Maryville, TN | $28,785,775 | $40,115,958 |
Treasure Coast Food Bank Incorporated Fort Pierce, FL | $14,946,349 | $36,277,666 |
All Faiths Food Bank Inc Sarasota, FL | $32,200,076 | $40,886,490 |
Chattanooga Area Food Bank Inc Chattanooga, TN | $13,005,178 | $40,483,306 |
Second Harvest Of South Georgia Inc Valdosta, GA | $19,828,071 | $36,132,665 |
Golden Harvest Food Bank Inc Augusta, GA | $21,730,028 | $42,603,313 |
Community Food Bank Of Central Alabama Birmingham, AL | $19,652,655 | $33,855,843 |