Foodbank Of Southern California
- Assets
- $17.9m
- Revenue
- $59.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Long Beach, CA
- Founding
- 05/1983
- Data as of
- 06/2024
- EIN
- 95-3557056
Organization Overview
Foodbank Of Southern California is located in Long Beach, CA. The organization was established in 1983. 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. Foodbank Of Southern California 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 06/2024, Foodbank Of Southern California generated $59.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $51.3m during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Foodbank Of Southern California has awarded 12 individual grants totaling $266,333,515. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
DISTRIBUTE FOOD TO NONPROFIT AGENCIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTE FOOD TO NONPROFIT AGENCIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Cooper President & CEO | Officer | 0 | $0 |
Brian Weaver Director | Officer | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Southwest Group Marketing/public Relations | 6/29/22 | $100,430 |
Mitchell Silberberg & Knupp Llp Legal Services | 6/29/22 | $110,000 |
Jill Senecal & Associates Professional Fundraising Services | 6/29/22 | $129,586 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,415,083 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,238,637 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,653,720 |
| 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 | $59,653,720 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,869,850 |
| 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. | $159,887 |
| Compensation of current officers, directors, key employees. | $25,133 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $693,844 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $43,870 |
| Payroll taxes | $70,445 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $49,159 |
| Fees for services: Accounting | $43,991 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $165,572 |
| Advertising and promotion | $23,312 |
| Office expenses | $161,555 |
| Information technology | $8,752 |
| Royalties | $0 |
| Occupancy | $170,268 |
| Travel | $2,980 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,953 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $408,049 |
| Insurance | $75,976 |
| All other expenses | $0 |
| Total functional expenses | $51,309,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,806,443 |
| Savings and temporary cash investments | $4,726 |
| Pledges and grants receivable | $717,667 |
| 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 | $1,616,257 |
| Prepaid expenses and deferred charges | $43,988 |
| Net Land, buildings, and equipment | $12,753,436 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,942,517 |
| Accounts payable and accrued expenses | $85,600 |
| 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 | $0 |
| Total liabilities | $85,600 |
| Net assets without donor restrictions | $17,856,917 |
| 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 | $17,942,517 |
Grants Awarded
Over the last fiscal year, Foodbank Of Southern California has awarded $62,623,784 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS CHARITABLE ORGANIZATION THROUGHOUT SOUTHERN CALIFORNIA PURPOSE: FEED THE HUNGRY | $62,616,699 |
SEEK HM1 INC PURPOSE: GENERAL OPERATIONS | $7,085 |