Mississippi Food Network meets the 20 Standards for Charity Accountability.
Mississippi Food Network is an affiliate of Feeding America working to end poverty-related hunger in Mississippi. The organization reports distributing food to 430 member agencies including food pantries, soup kitchens, shelters, group homes, afterschool programs, senior citizen programs and other human service organizations. As reported by Mississippi Food Network, the organization distributed more than 30 million pounds of food to more than 1.8 million people during 2019.
For the year ended June 30, 2019, Mississippi Food Network's program expenses were:
Food distribution program |
$31,744,802 |
Total Program Expenses: |
$31,744,802 |
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Chief Executive
Charles Beady, Chief Executive Officer
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Compensation*
$121,962
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Chair of the Board
Josie Bidwell
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Chair's Profession / Business Affiliation
Associate Professor , The University of Mississippi Medical Center, Preventive Medicine
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Board Size
23
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Paid Staff Size
33
*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.), Television
Fundraising costs were 2% of related contributions. (Related contributions, which totaled $32,861,247, 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 Mississippi Food Network's audited financial statements for the year ended June 30, 2019.
Source of Funds |
Contributions of food |
$31,594,829 |
Grants and government revenues |
$2,531,992 |
Contributions of money |
$1,266,418 |
Shared maintenance fees |
$243,050 |
Food purchase revenues |
$63,260 |
Investment and other income |
$60,675 |
Total Income |
$35,760,224 |
- Programs: 97%
- Fundraising: 2%
- Administrative: Less than 1%
Total Income |
$35,760,224 |
Program expenses |
$31,744,802 |
Fundraising expenses |
$680,033 |
Administrative expenses |
$450,664 |
Other expenses |
$0 |
Total expenses: |
$32,875,499 |
Income in Excess of Expenses |
$2,884,725 |
Beginning Net Assets |
$6,583,170 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$9,467,895 |
Total Liabilities |
$225,657 |
Total Assets |
$9,693,552 |
Note: According to Mississippi Food Network’s audited financial statements for the year ended June 30, 2019, the organization receives in-kind contributions of $31,594,829 in food.