Civic Intelligence

The Pastors Pantry Targeting Senior Hunger

990 • Fiscal year 2015 • EIN 31-1721281

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 15, 2016

PO Box 2051Lexington, NC 27293-2051

(336) 249-8824

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

38th percentile

0.01x

Higher debt load relative to assets than 38% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

32nd percentile

0.01x

Higher debt load relative to revenue than 32% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

50th percentile

3.0%

Higher net margin than 50% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

59th percentile

$36,135

Higher top officer pay than 59% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

64th percentile

6.8%

Faster asset growth than 64% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

35th percentile

-3.3%

Faster revenue growth than 35% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$349,263

Up $22,170 (+6.8%) from 2014

Net Assets

Up

$345,364

Up $18,791 (+5.8%) from 2014

Liabilities

Up

$3,899

Up $3,379 (+650%) from 2014

Revenue

Down

$636,433

Down $21,954 (-3.3%) from 2014

Expenses

Down

$617,642

Down $307 (-0.0%) from 2014

Net Income

Down

$18,791

Down $21,647 (-54%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2014: $327,093Liabilities 2014: $520Net Assets 2014: $326,5732014Assets 2015: $349,263Liabilities 2015: $3,899Net Assets 2015: $345,3642015Assets 2016: $374,867Liabilities 2016: $3,402Net Assets 2016: $371,4652016Assets 2017: $388,032Liabilities 2017: $2,719Net Assets 2017: $385,3132017Assets 2019: $386,338Liabilities 2019: $3,668Net Assets 2019: $382,6702019Assets 2020: $516,203Liabilities 2020: $3,874Net Assets 2020: $512,3292020Assets 2021: $654,914Liabilities 2021: $5,000Net Assets 2021: $649,9142021Assets 2022: $665,357Liabilities 2022: $8,912Net Assets 2022: $656,4452022Assets 2024: $692,040Liabilities 2024: $8,730Net Assets 2024: $683,3102024

Highlighted filing

2015

Assets$349,263
Liabilities$3,899
Net Assets$345,364

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0Revenue 2014: $658,387Expenses 2014: $617,949Net Income 2014: $40,4382014Revenue 2015: $636,433Expenses 2015: $617,642Net Income 2015: $18,7912015Revenue 2016: $562,082Expenses 2016: $535,980Net Income 2016: $26,1022016Revenue 2017: $595,202Expenses 2017: $581,353Net Income 2017: $13,8492017Revenue 2019: $640,860Expenses 2019: $621,438Net Income 2019: $19,4222019Revenue 2020: $676,864Expenses 2020: $547,205Net Income 2020: $129,6592020Revenue 2021: $742,902Expenses 2021: $611,315Net Income 2021: $131,5872021Revenue 2022: $630,275Expenses 2022: $603,139Net Income 2022: $27,1362022Revenue 2024: $688,758Expenses 2024: $632,071Net Income 2024: $56,6872024

Highlighted filing

2015

Revenue$636,433
Expenses$617,642
Net Income$18,791
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 15, 2016
Return Version
2015v2.1
Gross Receipts
$636,433
Mission and Program Overview

Mission

To provide monthly groceries to senior adults that are financially unable to obtain adequate food and others, regardless of age, with emergency food needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$199,129$217,053▲ $17,924
Land, Buildings, and Equipment, Net$50,019$60,422▲ $10,403
Investments in Publicly Traded Securities$45,679$41,773▼ $3,906
Inventories for Sale or Use$30,538$26,690▼ $3,848
Accounts Receivable$1,468$2,075▲ $607
Prepaid Expenses and Deferred Charges$258$1,000▲ $742
Total Assets$327,093$349,263▲ $22,170
Other Assets Total$2$250▲ $248
Liabilities
Accounts Payable and Accrued Expenses$520$3,899▲ $3,379
Total Liabilities$520$3,899▲ $3,379
Net Assets / Fund Balance
Unrestricted Net Assets$326,573$345,364▲ $18,791
Total Net Assets Fund Balance$326,573$345,364▲ $18,791
Total Liabilities and Net Assets / Fund Balance$327,093$349,263▲ $22,170

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$60,422$30,121$90,543
Other Assets Org$250--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kristin BriggsExecutive DirectorPT$36,135$36,135

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$632,327
Program Service Revenue
$0
Investment Income
$3,494
Other Revenue
$612
All Other Contributions
$582,128
Change in Net Assets
$18,791

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory1$378,902Fair Market Value (FMV)
Total Noncash Contributions1$378,902-

Audited Revenue Reconciliation

Revenue per Audited Statements
$636,433
Total Revenue per Audited Statements
$636,433
Total Revenue per Form 990
$636,433
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$495,448
Salaries, Compensation, and Employee Benefits$122,194
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$89,122$22,281-$111,403
Occupancy$10,652$2,663-$13,315
Depreciation Depletion$12,111--$12,111
Payroll Taxes$8,633$2,158-$10,791
All Other Expenses$6,269$1,472-$7,741
Insurance$4,088$1,022-$5,110
Fees for Services Accounting$4,000--$4,000
Other Expenses$2,270$567-$2,837
Fees for Services Other$2,582--$2,582
Advertising$840--$840
Travel$400--$400
Total Functional Expenses$585,737$31,905$0$617,642

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$617,642
Total Expenses per Audited Statements$617,642
Total Expenses per Form 990$617,642
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Various$56,638$56,638-$56,638
Total Events$56,638$56,638-$56,638
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
Backup withholding compliance
Yes
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Form 990 is reviewed by the Board, the Executive Director, the bookkeeper, and the Treasurer before filing.

Form 990 availability to public Part VI line 18

No documents are available to the general public.

Governing documents etc available to public Part VI line 19

No documents available to public.

Filing and Contact Details

Filer

Filer Name
The Pastors Pantry Targeting Senior Hunger
EIN
31-1721281
Address
PO Box 2051, Lexington, NC 27293-2051

Signing Officer

Name
Jerrie Leonard
Title
Treasurer
Phone
3362498824
Signed
2016-04-15
Discuss with paid preparer
No

Organization Details

Formed
2000
Legal Domicile
Nc
Voting Board Members
18
Independent Board Members
18
Employees
8
Volunteers
345

Preparer

Firm
Rick Allred CPA Pa
Address
269 AMBER LANE, Lexington, NC 27292
Preparer
Rick Allred
Phone
3362472310
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