Oregon Food Bank Inc
- Assets
- $88.7m
- Revenue
- $106.4m
- Investments
- $13.9m
- Employees
- 250
- Location
- Portland, OR
- Founding
- 02/1982
- Data as of
- 06/2022
- EIN
- 93-0785786
Organization Overview
Oregon Food Bank Inc is located in Portland, OR. The organization was established in 1982. 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, Oregon Food Bank Inc employed 250 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oregon 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 06/2022, Oregon Food Bank Inc generated $106.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $87.5m during the year ending 06/2022. While expenses have increased by 3.9% 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.
Since 2015, Oregon Food Bank Inc has awarded 20 individual grants totaling $586,295,823. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ELIMINATE HUNGER AND ITS ROOT CAUSES...BECAUSE NO ONE SHOULD BE HUNGRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OREGON FOOD BANK ACTS AS A CONVENER, CAPACITY BUILDER AND RESOURCE BROKER TO SUPPORT COMMUNITY PARTNERS OF THE OREGON FOOD BANK NETWORK ACROSS OREGON AND SW WASHINGTON. OREGON FOOD BANK OWNS AND OPERATES A WAREHOUSE IN MULTNOMAH COUNTY, SERVING AS THE HUB FOR STATEWIDE RECEIPTS AND DISTRIBUTION OF FEDERAL COMMODITIES AND CORPORATE AND PRIVATE DONATIONS. ADDITIONALLY, OFB OWNS AND OPERATES FIVE REGIONAL FOOD BANKS, SERVING MULTNOMAH, CLACKAMAS, WASHINGTON, HARNEY, MALHEUR, TILLAMOOK, SHERMAN, HOOD RIVER AND WASCO COUNTIES. THROUGH THIS ROBUST NETWORK OF PARTNERS, FOOD ASSISTANCE IS DISTRIBUTED AT OVER 1200 SITES, INCLUDING SCHOOLS, COMMUNITY CENTERS, HEALTH CARE CENTERS, HOMELESS SHELTERS, DAYCARE CENTERS, SENIOR CENTERS AND CHURCHES, MOSQUES & SYNAGOGUES.
OREGON FOOD BANK BELIEVES THAT FOOD AND HEALTH ARE BASIC HUMAN RIGHTS FOR ALL. WE KNOW THAT HUNGER IS NOT JUST AN INDIVIDUAL EXPERIENCE; IT IS ALSO A COMMUNITY-WIDE SYMPTOM OF BARRIERS TO EMPLOYMENT, EDUCATION, HOUSING AND HEALTH CARE. THATS WHY OFB WORKS ON TWO FRONTS IN ITS MISSION TO END HUNGER IN OREGON: WE BUILD COMMUNITY CONNECTIONS TO HELP PEOPLE ACCESS NUTRITIOUS, AFFORDABLE FOOD TODAY, AND BUILD COMMUNITY POWER TO ELIMINATE THE ROOT CAUSES OF HUNGER FOR GOOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susannah Morgan CEO | Officer | 40 | $191,852 |
Curtis Harris Dir. Philanthropy | 40 | $133,206 | |
Jason Stephany Dir. Communication | 40 | $123,012 | |
Starr Yurkewycz Dir. Programs | 40 | $120,656 | |
Carrie Novak Dir. Of Finance | Officer | 40 | $118,042 |
Moira Bowman Dir. Advocacy | 40 | $117,014 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mudbone Grown Llc Farm Food Assist | 6/29/22 | $374,016 |
Asceta Llc Business Consultant | 6/29/22 | $115,620 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $531,680 |
| Related organizations | $0 |
| Government grants | $19,217,501 |
| All other contributions, gifts, grants, and similar amounts not included above | $84,674,806 |
| Noncash contributions included in lines 1a–1f | $40,464,353 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $104,423,987 |
| Total Program Service Revenue | $1,103,650 |
| Investment income | $802,341 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $51,611 |
| Net Income from Fundraising Events | -$62,543 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $106,442,657 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $58,796,412 |
| 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. | $338,107 |
| Compensation of current officers, directors, key employees. | $36,190 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,241,906 |
| Pension plan accruals and contributions | $502,122 |
| Other employee benefits | $2,030,665 |
| Payroll taxes | $1,197,438 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $666,716 |
| Fees for services: Investment Management | $119,647 |
| Fees for services: Other | $1,233,028 |
| Advertising and promotion | $0 |
| Office expenses | $1,392,817 |
| Information technology | $843,114 |
| Royalties | $0 |
| Occupancy | $853,013 |
| Travel | $75,753 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $204,605 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,108,550 |
| Insurance | $120,922 |
| All other expenses | $0 |
| Total functional expenses | $87,461,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,921,155 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $9,989,047 |
| Accounts receivable, net | $4,161,573 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,447,123 |
| Prepaid expenses and deferred charges | $426,228 |
| Net Land, buildings, and equipment | $16,606,632 |
| Investments—publicly traded securities | $10,274,359 |
| Investments—other securities | $13,909,452 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $88,735,569 |
| Accounts payable and accrued expenses | $2,579,315 |
| 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 | $66,497 |
| Total liabilities | $2,645,812 |
| Net assets without donor restrictions | $78,498,154 |
| Net assets with donor restrictions | $7,591,603 |
| 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 | $88,735,569 |
Grants Awarded
Over the last fiscal year, Oregon Food Bank Inc has awarded $58,796,412 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
REGIONAL FOOD BANKS & LOCAL PURPOSE: TO PREVENT HUNGER | $50,091,741 |
REGIONAL FOOD BANKS & LOCAL PURPOSE: TO PREVENT HUNGER | $8,704,671 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Oregon Food Bank Inc has recieved totaling $75,493.
| Awarding Organization | Amount |
|---|---|
Franklin And Dorothy Piacentini Charitable Trust Portland, OR PURPOSE: ASSIST NEEDY | $33,675 |
Harris Family Foundation Bozeman, MT PURPOSE: CONTRIBUTION TO GENERAL FUND | $10,000 |
Herbert N And Olive Cohn Family Foundation Plainview, NY PURPOSE: SOLUTION TO END HUNGER | $7,500 |
Russell Colgate Fund Inc Wilmington, DE PURPOSE: GENERAL PURPOSES | $6,000 |
J R Albert Foundation Inc Naperville, IL PURPOSE: GENERAL OPERATING | $5,000 |
Ten Talents Foundation Inc Potomac, MD PURPOSE: GENERAL FUNDS | $3,000 |
Endowment Analysis
| Beg. Balance | $2,613,354 |
| Earnings | -$140,768 |
| Other Expense | $93,041 |
| Ending Balance | $2,379,545 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Second Harvest Of Silicon Valley San Jose, CA | $189,621,743 | $322,406,704 |
Los Angeles Regional Food Bank Los Angeles, CA | $140,676,925 | $249,591,297 |
San Francisco Food Bank San Francisco, CA | $124,390,885 | $199,043,432 |
Food Bank Contra Costa And Solano Concord, CA | $40,927,503 | $115,008,160 |
Second Harvest Inland Northwest Spokane, WA | $29,829,631 | $110,552,253 |
The Alameda County Community Food Bank Inc Oakland, CA | $89,275,765 | $124,289,684 |
Second Harvest Food Bank Of Orange County Inc Irvine, CA | $31,823,010 | $117,366,378 |
Jacobs & Cushman San Diego Food Bank San Diego, CA | $60,844,619 | $125,496,896 |
Cal Foods Logistics Pleasant Hill, CA | $45,666,138 | $100,118,693 |
Oregon Food Bank Inc Portland, OR | $88,735,569 | $106,442,657 |
California Association Of Food Banks Oakland, CA | $25,862,809 | $84,727,145 |
F O O D Inc Fresno, CA | $19,667,648 | $80,849,167 |