Foodbank Inc

Organization Overview

Foodbank Inc is located in Dayton, OH. The organization was established in 2003. 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 06/2022, Foodbank Inc employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foodbank 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, Foodbank Inc generated $27.9m 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 $25.8m during the year ending 06/2022. While expenses have increased by 11.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOODBANK RELIEVES HUNGER IN THE COMMUNITY THROUGH A NETWORK OF PARTNER AGENCIES BY AQUIRING AND DISTRIBUTING FOOD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MISSION OF THE FOODBANK IS TO RELIEVE HUNGER THROUGH THE AQUISITION AND DISTRIBUTION OF FOOD TO HUNGRY PEOPLE THROUGHOUT THE MIAMI VALLEY. FOOD AND RELATED SUPPLIES ARE DISTRIBUTED TO A NETWORK OF PANTRIES, COMMUNITY KITCHENS, SHELTERS AND OTHER CHARITABLE PROGRAMS, ALL OF WHICH SUPPORT THE HEALTH AND DEVELOPMENT OF FOOD INSECURE INDIVIDUALS. DURING THE FISCAL YEAR, THE ORGANIZATION DISTRIBUTED 15,159,018 POUNDS OF FOOD WHICH RESULTED IN 12,632,515 MEALS SERVED.


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Board, Officers & Key Employees

Name (title)Compensation
Michelle Riley
Executive Director
$209,893
Dave Girouard
Treasurer
$0
Pat Hobby
Vice Chair
$0
Mary Hedrick
Chair
$0
Troy Erbes
Secretary
$0
Dewayne Koger
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$173,959
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,290,309
All other contributions, gifts, grants, and similar amounts not included above$25,393,262
Noncash contributions included in lines 1a–1f $20,118,095
Total Revenue from Contributions, Gifts, Grants & Similar$27,857,530
Total Program Service Revenue$0
Investment income $0
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 $27,891,927

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Foodbank Inc has recieved totaling $2,000.

Awarding OrganizationAmount
Mike And Linda Davis Family Foundation Inc

Dayton, OH

PURPOSE: FUND FOOD FOR THE HUNGRY

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$11,278,011
Earnings-$1,104,185
Admin Expense$17,130
Ending Balance$10,156,696

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