Foodshare Inc
- Assets
- $17.8m
- Revenue
- $49.6m
- Investments
- $0.0
- Employees
- 47
- Location
- Oxnard, CA
- Founding
- 03/1984
- Data as of
- 06/2021
- EIN
- 77-0018162
Organization Overview
Foodshare Inc is located in Oxnard, CA. The organization was established in 1984. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2021, Foodshare Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foodshare 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 06/2021, Foodshare Inc generated $49.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $43.6m during the year ending 06/2021. While expenses have increased by 10.9% per year over the past 6 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.
Since 2021, Foodshare Inc has awarded 18 individual grants totaling $219,090. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
FOOD SHARE IS DEDICATED TO LEADING THE FIGHT AGAINST HUNGER IN VENTURA COUNTY BY DISTRIBUTING OVER 21 MILLION MEALS DURING THE FISCAL YEAR
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD DISTRIBUTION PROGRAM - NEARLY 200 PANTRY AND PARTNER AGENCIES PROVIDE THE DEDICATION AND COMMITMENT TO SUPPORT FOOD SHARE'S PROGRAMS OF FOOD PANTRIES, DISTRIBUTING OF SHELF-STABLE FOOD AND FRESH PRODUCE TO OVER 150,000 VENTURA COUNTY RESIDENTS. THESE AGENCIES HELPED DELIVER OVER 26 MILLION POUNDS OF NUTRITIOUS FOOD IN FISCAL YEAR 2020-2021.
UNITED STATES DEPARTMENT OF AGRICULTURE (USDA) FUNDED NUTRITION PROGRAMS - COMMODITY SUPPLEMENTAL FOOD PROGRAM (CSFP) AND THE EMERGENCY FOOD ASSISTANCE PROGRAM (TEFAP) FOOD DISTRIBUTIONS. CSFP PROVIDES A MONTHLY "SENIOR KIT " TO LOW-INCOME SENIORS (AGED 60-PLUS) AT NO COST. TEFAP ALLOWS FOR FOOD DISTRIBUTION TO LOW INCOME AREAS OF VENTURA COUNTY, FOOD IS DISTRIBUTED AT NO COST TO ELIGIBLE RECIPIENTS. OVER 4.5 MILLION POUNDS OF FOOD WERE DISTRIBUTED IN FISCAL YEAR 2020-2021 THROUGH THESE TWO PROGRAMS.
KIDS FARMERS MARKET (KFM): THE KIDS FARMERS MARKET PROGRAM WAS TEMPORARILY SUSPENDED DURING THE FISCAL YEAR 2020-2021 DUE TO THE COVID PANDEMIC.
SENIOR NUTRITION - PROVIDES HOME DELIVERED FROZEN PREPARED MEALS FOR FIVE DAYS AND SUPPLEMENTAL FOOD TO OVER 100 HOMEBOUND SENIORS AGE OF SIXTY AND OVER IN OXNARD, CA. OVER 23,000 MEALS WERE DISTRIBUTED IN FISCAL YEAR 2020-2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Monica White Ceo/president | Officer | 40 | $189,230 |
Susan Haverland COO | 40 | $121,328 | |
Denys Pereira CFO | Officer | 40 | $108,508 |
Lysa Urban Secretary | OfficerTrustee | 3 | $0 |
Shawn O'hara Executive Chair | OfficerTrustee | 3 | $0 |
Brad Bartlett Vice Chair | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
T-brooks Construction Inc General Contractor | 6/29/21 | $141,821 |
Rkd Group Llc Marketing & Direct Mail | 6/29/21 | $343,253 |
Donahue Idealease Equipment Leasing | 6/29/21 | $433,882 |
Williamson Construction General Contractor | 6/29/21 | $116,019 |
Madland Toyota-lift Inc Equipment Sale & Maintenance | 6/29/21 | $117,932 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $66,658 |
| Membership dues | $0 |
| Fundraising events | $250,366 |
| Related organizations | $0 |
| Government grants | $6,198,528 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,035,374 |
| Noncash contributions included in lines 1a–1f | $35,069,886 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,550,926 |
| Total Program Service Revenue | $22,220 |
| Investment income | $63,746 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,608 |
| Net Income from Fundraising Events | -$8,883 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $49,627,077 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $249,507 |
| Grants and other assistance to domestic individuals. | $38,548,322 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $388,688 |
| Compensation of current officers, directors, key employees. | $186,718 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,388,367 |
| Pension plan accruals and contributions | $578,196 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $120 |
| Fees for services: Accounting | $56,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,949 |
| Fees for services: Other | $421,865 |
| Advertising and promotion | $93,284 |
| Office expenses | $379,632 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $282,677 |
| Travel | $1,882 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,963 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $267,030 |
| Insurance | $124,636 |
| All other expenses | $0 |
| Total functional expenses | $43,649,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,335,015 |
| Pledges and grants receivable | $562,748 |
| Accounts receivable, net | $971,228 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,947,889 |
| Prepaid expenses and deferred charges | $94,233 |
| Net Land, buildings, and equipment | $4,237,398 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,629,853 |
| Total assets | $17,778,364 |
| Accounts payable and accrued expenses | $383,275 |
| 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 | $330,200 |
| Other liabilities | $0 |
| Total liabilities | $713,475 |
| Net assets without donor restrictions | $14,112,906 |
| Net assets with donor restrictions | $2,951,983 |
| 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 | $17,778,364 |
Grants Awarded
Over the last fiscal year, Foodshare Inc has awarded $219,090 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
Moorpark, CA PURPOSE: COVID RESPONSE GRANTS | $20,000 |
Oxnard, CA PURPOSE: COVID RESPONSE GRANTS | $20,000 |
Santa Paula, CA PURPOSE: COVID RESPONSE GRANTS | $18,738 |
SIMI VALLEY SECOND MISSIONARY BAPTIST CHURCH PURPOSE: COVID RESPONSE GRANTS | $18,547 |
Santa Paula, CA PURPOSE: COVID RESPONSE GRANTS | $16,520 |
Moorpark, CA PURPOSE: COVID RESPONSE GRANTS | $15,345 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Foodshare Inc has recieved totaling $8,000.
| Awarding Organization | Amount |
|---|---|
Scott Family Foundation Oxnard, CA PURPOSE: HOMELESS FOOD ASSISTANCE | $5,000 |
Richard & Monette Stevens Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $3,000 |
Endowment Analysis
| Beg. Balance | $1,288,705 |
| Earnings | $364,098 |
| Admin Expense | $22,949 |
| Ending Balance | $1,629,854 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Food Forward Inc North Hollywood, CA | $12,955,667 | $128,150,149 |
Feeding San Diego San Diego, CA | $19,422,905 | $77,648,775 |
Foodshare Inc Oxnard, CA | $17,778,364 | $49,627,077 |
Heart Of Compassion Distribution Montebello, CA | $1,795,358 | $41,165,475 |
Diabetes Prevention And Aid Fund Inc Nogales, AZ | $212,158 | $20,461,297 |
Placer Food Bank Roseville, CA | $7,740,934 | $18,026,272 |
Meals On Wheels People Inc Portland, OR | $42,017,296 | $20,790,063 |
Merced County Food Bank Merced, CA | $11,550,036 | $16,482,554 |
Akshaya Patra Foundation Usa Canoga Park, CA | $10,157,054 | $12,146,797 |
Flagstaff Family Food Center Flagstaff, AZ | $4,578,201 | $12,934,746 |
Touch Of Kindness Los Angeles, CA | $3,256,927 | $10,368,468 |
Urban Gleaners Portland, OR | $1,835,186 | $7,054,041 |