Soap Lake Food Bank
- Assets
- $88.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Soap Lake, WA
- Founding
- 04/1990
- Data as of
- 12/2023
- EIN
- 91-1454702
Organization Overview
Soap Lake Food Bank is located in Soap Lake, WA. The organization was established in 1990. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soap Lake Food Bank 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, Soap Lake Food Bank generated $71.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $69.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED FOOD FOR 200 HOMELESS, HOME-BOUND INDIVDUALS, AND FAMILIES WEEKLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Wright President | 30 | $0 | |
Cheryl Bensch Vice-President | 20 | $0 | |
Melinda Ratzesberger Secretary Treasurer | 10 | $0 | |
Gene Wing Grant Writer | 20 | $0 | |
Sandy Gensauge Director | 20 | $0 | |
Valentin Naidenov Director | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,043 |
| Total Program Service Revenue | $29,317 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,360 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,957 |
| Printing, publications, postage, and shipping | $485 |
| Other expenses | $58,438 |
| Total expenses | $69,880 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,731 |
| Other assets | $0 |
| Total assets | $88,093 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,093 |