The Food Bank Of Northern Nevada Inc
- Assets
- $28.0m
- Revenue
- $53.6m
- Investments
- $0.0
- Employees
- 127
- Location
- Sparks, NV
- Founding
- 01/1984
- Data as of
- 06/2021
- EIN
- 94-2924979
Organization Overview
The Food Bank Of Northern Nevada Inc is located in Sparks, NV. The organization was established in 1984. 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 06/2021, Food Bank Of Northern Nevada Inc employed 127 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Bank Of Northern Nevada 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, Food Bank Of Northern Nevada Inc generated $53.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $45.3m during the year ending 06/2021. While expenses have increased by 7.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOOD BANK OF NORTHERN NEVADA, INC.S (FOOD BANKS) MISSION IS FEEDING THE HUNGRY TODAY AND SOLVING HUNGER FOR TOMORROW THROUGH COMMUNITY PARTNERSHIP. THE FOOD BANKS VISION IS HEALTHY FOOD. EVERY PERSON, EVERY DAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOOD BANK IS THE PRIMARY REGIONAL FOOD DISTRIBUTION AND SUPPORT SYSTEM SERVING PEOPLE EXPERIENCING FOOD INSECURITY OR HUNGER IN 21 COUNTIES ACROSS NORTHERN NEVADA AND NORTHEASTERN CALIFORNIA. IT DELIVERS AN ARRAY OF PROGRAMS AND SERVICES WHICH TOGETHER CONSTITUTE A MULTI-LEVEL EFFORT SERVING APPROXIMATELY 107,000 PEOPLE EACH MONTH THROUGH DIRECT SERVICES AND PARTNER AGENCIES. DONATED AND PURCHASED FOOD IS COLLECTED, SORTED, AND DELIVERED TO CLIENTS VIA A NETWORK OF 150 PARTNER AGENCIES SPREAD ACROSS A 90,000-SQUARE MILE SERVICE AREA. IN 2017, THE NEVADA DEPARTMENT OF AGRICULTURE NAMED THE FOOD BANK ITS NORTHERN NEVADA REGIONAL DISTRIBUTING AGENCY TO DISTRIBUTE TEMPORARY EMERGENCY FOOD ASSISTANCE (TEFAP) COMMODITY FOODS INTO EVERY COUNTY IN NEVADA. IN FISCAL YEAR 2021, THE FOOD BANK AND ITS PARTNERS DISTRIBUTED APPROXIMATELY 22.5 MILLION POUNDS OF FOOD, THE EQUIVALENT OF MORE THAN 20 MILLION MEALS. (CONTINUED ON SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Lamboley Ceopresident | Officer | 40 | $171,454 |
Brian Edwards Chief Financial Officer | Officer | 0 | $115,505 |
Ben Hayes Vice Chair Thru Mar | OfficerTrustee | 2 | $0 |
Barbara Allen Chair Of Governance Committee | OfficerTrustee | 2 | $0 |
Nancy Wong Secretary & Interim Vice Chai | OfficerTrustee | 2 | $0 |
John Lipinski Board Chair | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $48,410 |
| Related organizations | $0 |
| Government grants | $19,259,580 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,071,110 |
| Noncash contributions included in lines 1a–1f | $34,860,749 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,379,100 |
| Total Program Service Revenue | $81,452 |
| Investment income | $8,030 |
| 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 | $53,623,900 |
| 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. | $333,677 |
| Compensation of current officers, directors, key employees. | $188,336 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,850,001 |
| Pension plan accruals and contributions | $112,304 |
| Other employee benefits | $265,642 |
| Payroll taxes | $263,332 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $500,758 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $264,908 |
| Advertising and promotion | $5,550 |
| Office expenses | $212,643 |
| Information technology | $67,532 |
| Royalties | $0 |
| Occupancy | $86,389 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $35,100 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $570,357 |
| Insurance | $93,298 |
| All other expenses | $131,847 |
| Total functional expenses | $45,300,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $419,145 |
| Savings and temporary cash investments | $749,546 |
| Pledges and grants receivable | $2,161,014 |
| Accounts receivable, net | $92,073 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,176,730 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,407,915 |
| Investments—publicly traded securities | $13,030,631 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $28,037,054 |
| Accounts payable and accrued expenses | $779,991 |
| Grants payable | $0 |
| Deferred revenue | $1,702,147 |
| 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 | $0 |
| Total liabilities | $2,482,138 |
| Net assets without donor restrictions | $19,015,747 |
| Net assets with donor restrictions | $6,539,169 |
| 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 | $28,037,054 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that The Food Bank Of Northern Nevada Inc has recieved totaling $10,500.
| Awarding Organization | Amount |
|---|---|
Christ Caring For People Foundation Carson City, NV PURPOSE: CHARITABLE CONTRIBUTIONS | $5,000 |
Offerdahl Family Foundation Incline Village, NV PURPOSE: REGIONAL FOOD DISTRIBUTION AND SUPPORT SYSTEM FOR 147 DIFFERENT DIRECT SERVICE, NON-PROFIT AGENCIES SERVING THE NEEDY, THE ILL, THE ELDERLY AND CHILDREN. | $2,500 |
Shirley Family Charitable Foundation Reno, NV PURPOSE: PROGRAMS | $2,000 |
Schiller Foundation Zephyr Cove, NV PURPOSE: UNRESTRICTED GRANT MADE FOR GENERAL SUPPORT OF THE CHARITY | $1,000 |
Deborah And T J Day Foundation Reno, NV PURPOSE: TO PROVIDE EMERGENCY FOOD SERVICES TO FAMILIES. | $0 |
Endowment Analysis
| Beg. Balance | $2,077,419 |
| Earnings | $564,154 |
| Net Contributions | $350,000 |
| Other Expense | $31,656 |
| Ending Balance | $2,959,917 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Community Food Bank Inc Tucson, AZ | $56,197,038 | $127,317,393 |
Food Bank Contra Costa And Solano Concord, CA | $40,927,503 | $115,008,160 |
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 |
Foodbank Of Southern California Long Beach, CA | $7,359,716 | $76,045,152 |
Sacramento Food Bank & Family Svcs Sacramento, CA | $45,189,891 | $79,462,565 |
Idaho Foodbank Warehouse Meridian, ID | $39,829,593 | $59,704,152 |