Civic Intelligence

Friendly Hands Food Bank Inc

EIN 31-1639994 • 501(c)3 • Torrington, CT

Profile

Food bank for relief to families

50 King StTorrington, CT 06790

www.friendlyhandsfoodbank.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

97th percentile

83%

Higher net margin than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

54th percentile

$68,813

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

98th percentile

248%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

203%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,790,468

Up $1,276,613 (+248%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,790,468

Up $1,276,613 (+248%) from 2023

Revenue

Up

$1,536,577

Up $1,029,940 (+203%) from 2023

Expenses

Up

$259,964

Up $28,258 (+12%) from 2023

Net Income

Up

$1,276,613

Up $1,001,682 (+364%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2014: $227,964Liabilities 2014: $139,853Net Assets 2014: $88,1112014Assets 2015: $186,309Liabilities 2015: $139,853Net Assets 2015: $46,4562015Assets 2016: $181,751Liabilities 2016: $139,853Net Assets 2016: $41,8982016Assets 2017: $191,778Liabilities 2017: $139,853Net Assets 2017: $51,9252017Assets 2018: $170,554Liabilities 2018: $139,853Net Assets 2018: $30,7012018Assets 2019: $117,463Liabilities 2019: $139,853Net Assets 2019: -$22,3902019Assets 2020: $304,004Liabilities 2020: $139,853Net Assets 2020: $164,1512020Assets 2021: $342,963Liabilities 2021: $139,853Net Assets 2021: $203,1102021Assets 2022: $370,201Liabilities 2022: $139,853Net Assets 2022: $230,3482022Assets 2023: $513,855Liabilities 2023: $0Net Assets 2023: $513,8552023Assets 2024: $1,790,468Liabilities 2024: $0Net Assets 2024: $1,790,4682024

Highlighted filing

2024

Assets$1,790,468
Liabilities$0
Net Assets$1,790,468

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2014: $166,440Expenses 2014: $212,405Net Income 2014: -$45,9652014Revenue 2015: $160,975Expenses 2015: $202,630Net Income 2015: -$41,6552015Revenue 2016: $175,249Expenses 2016: $179,807Net Income 2016: -$4,5582016Revenue 2017: $164,302Expenses 2017: $154,275Net Income 2017: $10,0272017Revenue 2018: $135,873Expenses 2018: $157,097Net Income 2018: -$21,2242018Revenue 2019: $116,713Expenses 2019: $169,804Net Income 2019: -$53,0912019Revenue 2020: $344,450Expenses 2020: $157,909Net Income 2020: $186,5412020Revenue 2021: $247,714Expenses 2021: $208,755Net Income 2021: $38,9592021Revenue 2022: $230,959Expenses 2022: $195,146Net Income 2022: $35,8132022Revenue 2023: $506,637Expenses 2023: $231,706Net Income 2023: $274,9312023Revenue 2024: $1,536,577Expenses 2024: $259,964Net Income 2024: $1,276,6132024

Highlighted filing

2024

Revenue$1,536,577
Expenses$259,964
Net Income$1,276,613

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 11, 2023
Return Version
2022v5.0
Gross Receipts
$236,641
Mission and Program Overview

Mission

Food bank for relief to families

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$231,304$265,752▲ $34,448
Land, Buildings, and Equipment, Net$111,659$104,449▼ $7,210
Total Assets$342,963$370,201▲ $27,238
Liabilities
Mortgage Notes Payable Secured by Investment Property$139,853$139,853→ $0
Total Liabilities$139,853$139,853→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$190,610$217,848▲ $27,238
Net Assets With Donor Restrictions$12,500$12,500→ $0
Total Net Assets Fund Balance$203,110$230,348▲ $27,238
Total Liabilities and Net Assets / Fund Balance$342,963$370,201▲ $27,238

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$76,595$83,128$159,723
Other Land Buildings$7,085$17,515$24,600
Equipment$1,700$17,873$19,573
Land$19,069-$19,069
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Karen ThomasExecutive DirectorFT$47,596$47,596

Board Members and Trustees

NameTitle
Dan HartnettPresident
Dee Dee PetriconeDirector
Holly KilgoreDirector
Michelle CookDirector
Mike MalizewskiDirector
Scott BradyDirector
Shari PicardDirector
Stuart GeroDirector
Donna BattistoniSecretary
Lisa GosselinTreasurer
SUSAN DePRETISVice Pres.
Revenue and Support

Revenue Composition

Contributions and Grants
$213,918
Program Service Revenue
$0
Investment Income
$10
Other Revenue
$17,031
All Other Contributions
$205,093
Change in Net Assets
$35,813
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$112,143
Other Expenses$78,570
Total Fundraising Expense$10,222
Grants and Similar Amounts Paid$4,433
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$46,012$6,459$2,153$54,624
Current Officers, Directors, Trustees, and Key Employees$39,504$4,760$3,332$47,596
Occupancy$20,588$4,415$1,873$26,876
Payroll Taxes$8,305$1,092$526$9,923
Office Expenses$7,805$940$658$9,403
Depreciation Depletion$8,057$712$305$9,074
Interest$6,751$1,456$618$8,825
Insurance$6,954$1,159$601$8,714
Grants to Domestic Orgs$4,433--$4,433
Advertising$1,069$0$0$1,069
Other Expenses$697$84$59$840
Total Functional Expenses$163,709$21,215$10,222$195,146
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,713
Fundraising Direct Expenses$5,682
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Softball Game$19,974$19,974$3,824$16,150
Total Events$19,974$19,974$3,824$16,150
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Friendly Hands Food Bank Inc
EIN
31-1639994
Phone
8604823338
Address
50 KING ST, TORRINGTON, CT 06790

Signing Officer

Name
Karen Thomas
Title
Executive Director
Phone
8604823338
Signed
2023-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Thomas
Formed
1998
Legal Domicile
Ct
Voting Board Members
11
Independent Board Members
11
Employees
6
Volunteers
22

Preparer

Firm
Theroux & Nowell CPA LLC
Address
53 Peck Rd, Torrington, CT 06790
Preparer
J Kenneth Nowell CPA
Phone
8604828068
Supplemental Narrative

Additional Explanations

Pt VI, Line 5

A former interim director was found to have embezzled funds. A police report was filed.

Pt VI, Line 11B

Board members receive a copy of Form 990 and are invited to offer comments or questions.

Raw XML AppendixShowing 400 of 443 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AdvertisingGrp/TotalAmt01069
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IRS990/DepreciationDepletionGrp/TotalAmt09074
IRS990/Desc0FOOD BANK - FOOD GATHERED AND DISTRIBUTED TO HUNDREDS OF NEEDY FAMILIES. FOOD AND TOYS ALSO BOUGHT DIRECTLY FOR DISTRIBUTION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
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IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt012500
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IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt06
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IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0163709
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IRS990/FederalGrantAuditRequiredInd0false
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IRS990/ForeignFinancialAccountInd0false
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IRS990/Form990PartVIISectionAGrp/PersonNm1DAN HARTNETT
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IRS990/Form990PartVIISectionAGrp/TitleTxt0EXECUTIVE DIR.
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRES.
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Other Income Part II, Line 10 Description: SPECIAL EVENTS 2018: 919.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Pt II Ln 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0213918
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0247714
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0321811
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0116711
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0134925
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01035079
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt029
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt031
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0919
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0919
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99910
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.99900
IRS990ScheduleA/PublicSupportTotal170Amt01035079
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0213918
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0247714
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0321811
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0116711
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0134925
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01035079
IRS990ScheduleA/TotalSupportAmt01036029
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt076595
IRS990ScheduleD/BuildingsGrp/DepreciationAmt083128
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0159723
IRS990ScheduleD/EquipmentGrp/BookValueAmt01700
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017873
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt019573
IRS990ScheduleD/LandGrp/BookValueAmt019069
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt019069
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07085
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt017515
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt024600
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0104449
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt03824
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SOFTBALL GAME
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt019974
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt019974
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt019974
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt019974
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt016150
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03824
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03824
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A former interim director was found to have embezzled funds. A police report was filed.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board members receive a copy of Form 990 and are invited to offer comments or questions.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CT
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0342963
IRS990/TotalAssetsEOYAmt0370201
IRS990/TotalAssetsGrp/BOYAmt0342963
IRS990/TotalAssetsGrp/EOYAmt0370201
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0213918
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010222
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt021215
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0163709
IRS990/TotalFunctionalExpensesGrp/TotalAmt0195146
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0139853
IRS990/TotalLiabilitiesEOYAmt0139853
IRS990/TotalLiabilitiesGrp/BOYAmt0139853
IRS990/TotalLiabilitiesGrp/EOYAmt0139853
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0203110
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0230348
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0163709
IRS990/TotalReportableCompFromOrgAmt047596
IRS990/TotalRevenueGrp/ExclusionAmt017041
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0230959
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt022
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0342963
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0370201
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0293 Country Club Rd

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