Georgia Mountain Food Bank meets the 20 Standards for Charity Accountability.
Georgia Mountain Food Bank (GMFB) provides a link between sources of food supplies and community-based partner agencies who help get the food into the hands of families and individuals who need it in Georgia. The organization also provides direct food distribution to those in need through mobile pantries and programs. As reported by GMFB, during the year ended June 30, 2019, the organization distributed 4.6 million meals.
For the year ended June 30, 2019, Georgia Mountain Food Bank's program expenses were:
Program services |
$5,932,010 |
Total Program Expenses: |
$5,932,010 |
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Chief Executive
Kay Blackstock, Executive Director
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Compensation*
$117,342
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Chair of the Board
Kathleen Owen
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Chair's Profession / Business Affiliation
Accounting & HR Specialist/Georgia Poultry Laboratory Network
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Board Size
20
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Paid Staff Size
11
*2018 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Radio, Cause- related marketing (affinity credit cards, consumer product sales, etc.)
Fundraising costs were 26% of related contributions. (Related contributions, which totaled $1,157,180, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c) (3) of the Internal Revenue Code.It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Georgia Mountain Food Bank's audited financial statements for the year ended June 30, 2019.
Source of Funds |
In-kind contributions |
$4,823,828 |
Contributions |
$549,585 |
Direct mailing |
$376,131 |
Program service revenue |
$240,297 |
Special events |
$122,684 |
Grants and foundations |
$108,780 |
Gain on disposition of fixed assets |
$21,619 |
Interest earned |
$523 |
Total Income |
$6,243,447 |
- Programs: 94%
- Fundraising: 5%
- Administrative: Less than 1%
- Other: Less than 1%
Total Income |
$6,243,447 |
Program expenses |
$5,932,010 |
Fundraising expenses |
$298,550 |
Administrative expenses |
$126,986 |
Other expenses |
$1,656 |
Total expenses: |
$6,359,202 |
Income in Excess of Expenses |
$-115,755 |
Beginning Net Assets |
$1,432,134 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$1,316,379 |
Total Liabilities |
$78,868 |
Total Assets |
$1,395,247 |
Note 1: According to GMFB’s audited financial statements for the year ended June 30, 2019, the organization received in-kind contributions of $4,823,828 including donated food ($4,796,241) and other goods and services ($27,587).
Note 2: In the financial summary above, “other expenses” refers to cost of direct donor benefit.