Feed Louisville Inc
- Assets
- $619.6k
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 46
- Location
- Louisville, KY
- Founding
- Data as of
- 12/2023
- EIN
- 87-4508530
Organization Overview
Feed Louisville Inc is located in Louisville, KY. 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 12/2023, Feed Louisville Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Feed Louisville 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 12/2023, Feed Louisville Inc generated $5.5m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 61.1% each year . All expenses for the organization totaled $5.2m during the year ending 12/2023. While expenses have increased by 70.8% per year over the past 2 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
FEED LOUISVILLE MEETS THE DAILY BASIC HUMAN NEEDS OF OUR UNHOUSED COMMUNITY WHILE WORKING TO REMOVE THE BARRIERS TO PERMANENT HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVING THE HOUSELESS COMMUNITY WITH FOOD & SUPPLIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rhona B Kamar Director | OfficerTrustee | 40 | $89,679 |
Donny Greene Director | OfficerTrustee | 40 | $75,883 |
Jamie Bush Board Member | Trustee | 40 | $67,556 |
Ritu Rowland Board Member | Trustee | 20 | $24,231 |
Marie Bingle Vice Chair | Trustee | 5 | $6,318 |
Shreeta Waldon Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $913,837 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,604,251 |
| Noncash contributions included in lines 1a–1f | $1,047,612 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,518,088 |
| 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 | $5,518,088 |
| 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. | $263,667 |
| Compensation of current officers, directors, key employees. | $263,667 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,092,849 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $75,593 |
| Payroll taxes | $136,732 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15 |
| Fees for services: Accounting | $3,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,207 |
| Advertising and promotion | $3,663 |
| Office expenses | $77,852 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $23,264 |
| Travel | $295,982 |
| 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 | $16,135 |
| All other expenses | $608,575 |
| Total functional expenses | $5,179,942 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $475,078 |
| 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 | $139,074 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,419 |
| Total assets | $619,571 |
| 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 | $25,000 |
| Other liabilities | $0 |
| Total liabilities | $25,000 |
| Net assets without donor restrictions | $594,571 |
| 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 | $619,571 |