Civic Intelligence

The Manna Project Inc.

990 • Fiscal year 2020 • EIN 38-2764533

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 30, 2021

8791 Mcbride Park CTHarbor Springs, MI 49740

(231) 347-8852

Siviq Scores

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

Liabilities / Assets

38th percentile

0.04x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

30th percentile

0.04x

Higher debt load relative to revenue than 30% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

76th percentile

24%

Higher net margin than 76% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

73rd percentile

$111,203

Higher top officer pay than 73% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

84th percentile

45%

Faster asset growth than 84% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

81st percentile

31%

Faster revenue growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Up

$2,111,371

Up $653,186 (+45%) from 2019

Net Assets

Up

$2,025,015

Up $592,790 (+41%) from 2019

Liabilities

Up

$86,356

Up $60,396 (+233%) from 2019

Revenue

Up

$2,315,524

Up $551,774 (+31%) from 2019

Expenses

Up

$1,767,151

Up $72,949 (+4.3%) from 2019

Net Income

Up

$548,373

Up $478,825 (+688%) from 2019

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $828,594Liabilities 2010: $17,931Net Assets 2010: $810,6632010Assets 2011: $863,651Liabilities 2011: $23,859Net Assets 2011: $839,7922011Assets 2012: $1,170,844Liabilities 2012: $161,952Net Assets 2012: $1,008,8922012Assets 2013: $1,164,949Liabilities 2013: $158,579Net Assets 2013: $1,006,3702013Assets 2014: $1,167,029Liabilities 2014: $141,779Net Assets 2014: $1,025,2502014Assets 2015: $1,062,478Liabilities 2015: $23,558Net Assets 2015: $1,038,9202015Assets 2016: $1,158,420Liabilities 2016: $41,707Net Assets 2016: $1,116,7132016Assets 2017: $1,321,597Liabilities 2017: $23,582Net Assets 2017: $1,298,0152017Assets 2018: $1,348,362Liabilities 2018: $38,540Net Assets 2018: $1,309,8222018Assets 2019: $1,458,185Liabilities 2019: $25,960Net Assets 2019: $1,432,2252019Assets 2020: $2,111,371Liabilities 2020: $86,356Net Assets 2020: $2,025,0152020Assets 2021: $2,499,254Liabilities 2021: $128,622Net Assets 2021: $2,370,6322021Assets 2022: $2,354,082Liabilities 2022: $107,785Net Assets 2022: $2,246,2972022Assets 2023: $2,800,901Liabilities 2023: $95,318Net Assets 2023: $2,705,5832023Assets 2024: $3,144,659Liabilities 2024: $118,686Net Assets 2024: $3,025,9732024

Highlighted filing

2020

Assets$2,111,371
Liabilities$86,356
Net Assets$2,025,015

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $904,2312010Expenses 2011: $1,213,3342011Expenses 2012: $1,358,9342012Revenue 2013: $1,568,323Expenses 2013: $1,599,448Net Income 2013: -$31,1252013Revenue 2014: $1,768,214Expenses 2014: $1,754,233Net Income 2014: $13,9812014Revenue 2015: $1,786,042Expenses 2015: $1,766,659Net Income 2015: $19,3832015Revenue 2016: $2,071,477Expenses 2016: $2,002,920Net Income 2016: $68,5572016Revenue 2017: $2,270,182Expenses 2017: $2,122,354Net Income 2017: $147,8282017Revenue 2018: $1,929,088Expenses 2018: $1,889,309Net Income 2018: $39,7792018Revenue 2019: $1,763,750Expenses 2019: $1,694,202Net Income 2019: $69,5482019Revenue 2020: $2,315,524Expenses 2020: $1,767,151Net Income 2020: $548,3732020Revenue 2021: $1,886,938Expenses 2021: $1,577,270Net Income 2021: $309,6682021Revenue 2022: $1,723,388Expenses 2022: $1,764,658Net Income 2022: -$41,2702022Revenue 2023: $2,624,887Expenses 2023: $2,198,754Net Income 2023: $426,1332023Revenue 2024: $2,796,792Expenses 2024: $2,501,870Net Income 2024: $294,9222024

Highlighted filing

2020

Revenue$2,315,524
Expenses$1,767,151
Net Income$548,373
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 30, 2021
Return Version
2020v4.0
Gross Receipts
$2,328,783
Mission and Program Overview

Mission

The purpose of this organization is to gather, organize, and distribute food to those in need throughout antrim, charlevoix, and emmet counties.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$314,985$1,018,367▲ $703,382
Savings and Temporary Cash Investments$355,249$356,548▲ $1,299
Land, Buildings, and Equipment, Net$265,527$240,600▼ $24,927
Inventories for Sale or Use$151,085$105,841▼ $45,244
Accounts Receivable$32,474$2,703▼ $29,771
Total Assets$1,458,185$2,111,371▲ $653,186
Other Assets Total$338,865$387,312▲ $48,447
Liabilities
Accounts Payable and Accrued Expenses$25,960$86,356▲ $60,396
Total Liabilities$25,960$86,356▲ $60,396
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,196,555$1,855,274▲ $658,719
Net Assets With Donor Restrictions$235,670$169,741▼ $65,929
Total Net Assets Fund Balance$1,432,225$2,025,015▲ $592,790
Total Liabilities and Net Assets / Fund Balance$1,458,185$2,111,371▲ $653,186

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$225,595$198,731$424,326
Equipment$8,500$221,777$230,277
Other Land Buildings$2,505$13,370$15,875
Leasehold Improvements-$11,935$11,935
Land$4,000-$4,000
Other Assets Org$7,658--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$93,841-▲ $10,028-$103,869
2019$80,326-▲ $13,515-$93,841
2018$87,651-▼ $7,325-$80,326
2017$75,201-▲ $12,450-$87,651
2016$71,344-▲ $3,857-$75,201
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kim Baker2020 Exec DiFT$111,203$111,203

Board Members and Trustees

NameTitle
Miles Trumble2020 Board M
Bill McmasterBoard Member
Jim JensenBoard Member
Meagan KrzywosinskiBoard Member
Molly Ames BakerBoard Member
Todd PetersenBoard Member
Tom SquiresBoard Member
Denise Evans2020 Preside
Tom Knott2020 Treasur
Phil Millard2020 Vice Pr
Larry Dewitt2021 Preside
Susan Conklin2021 Secre
Kevin Christman2021 Treasur
Sarah Shuman2021 Vice Pr
Revenue and Support

Revenue Composition

Contributions and Grants
$2,046,325
Program Service Revenue
$263,816
Investment Income
$5,383
Other Revenue
$0
All Other Contributions
$1,996,064
Change in Net Assets
$548,373

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory12$653,015300,929 POUNDS @ 2.17
Total Noncash Contributions12$653,015-

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,315,524
Revenue Not Reported on Form 990
$44,417
Total Revenue per Audited Statements
$2,359,941
Total Revenue per Form 990
$2,315,524
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$703,838
Other Expenses$660,330
Salaries, Compensation, and Employee Benefits$402,983
Total Fundraising Expense$98,805
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$703,838--$703,838
Other Salaries and Wages$152,802$61,586$26,171$240,559
Current Officers, Directors, Trustees, and Key Employees$22,241$44,481$44,481$111,203
Occupancy$43,980--$43,980
Payroll Taxes$14,100$8,439$5,567$28,106
Depreciation Depletion$24,927--$24,927
Other Employee Benefits$11,821$7,342$3,952$23,115
Other Expenses$4,839$13,127$18,634$17,966
Fees for Services Accounting-$13,015-$13,015
Information Technology-$9,688-$9,688
All Other Expenses$816$7,414-$8,230
Insurance$3,955$3,724-$7,679
Office Expenses-$4,421-$4,421
Total Functional Expenses$1,495,109$173,237$98,805$1,767,151

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,767,151
Total Expenses per Audited Statements$1,767,151
Total Expenses per Form 990$1,767,151
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$13,259
Fundraising Gross Income$13,259
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Fore Manna$35,466$13,259$4,534$8,725
Total Events$35,466$13,259$13,259-
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Meijer DistributionContributorsFood, Etc PurchasesNo$171,663
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The executive director and the board treasurer carefully review the form before filing. A final copy is available for all directors.

Form 990, Page 6, Part VI, Line 12C

The directors file conflict of interest statements annually. The president determines the appropriate action, if any. The executive director monitors ongoing transactions for any potiential or actual conflict of interest and discloses them to the board.

Form 990, Page 6, Part VI, Line 15A

The entity utilized an information list of local non-profits and, using their filed 990 information, compared executive directors' salaries and compensation. This information was presented to the executive committee (which also functions as our personnel committee) and was used to arrive at a compensation package for the executive director.

Form 990, Page 6, Part VI, Line 19

Documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Manna Food Project Inc
EIN
38-2764533
Phone
2313478852
Address
8791 MCBRIDE PARK CT, HARBOR SPRINGS, MI 49740

Signing Officer

Name
Kevin Christman
Title
2021 Treasurer
Phone
2313478852
Signed
2021-06-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Dewitt
Formed
1987
Legal Domicile
Mi
Voting Board Members
11
Independent Board Members
11
Employees
7
Volunteers
350

Preparer

Firm
Klepadlo Winnell Nuorala Pc
Address
2301 MITCHELL PARK DR, PETOSKEY, MI 49770
Preparer
Michael L Nuorala
Phone
2313473963
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4A

Manna food project procures and distributes food and non-food items to approximately 38 food pantries/agencies in a tri-county area of emmet, charlevoix and antrim counties. As a warehouse, we distribute food and some non-food items to these pantries and agencies at a nominal fee, then the pantries and agencies provide food to clients at no charge. During the year, well over 35,000 families were served with the food received from the warehouse by these agencies. As a food pantry, manna provides food to clients at no charge. No amounts have been reflected in the statements for donated services inasmuch as no objective basis is available to measure the value of such services. However, a substantial number of volunteers have donated time.

Form 990, Part XI, Line 9

Gain-beneficial interest at foundation 10,028

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Earnings are used to support the organization's charitable activities.

Schedule D, Page 3, Part X

The manna food project is a non-profit corporation exempt from federal income tax under section 501(c)(3) of the internal revenue code. It has been classified as an organization that is not a private foundation under the internal revenue code. Accordingly, contributions to the organization are deductible for federal income tax purposes. The organization's federal income tax return (form 990, return of organization exempt from income tax) is subject to examination by the irs, generally for three years after being filed. Management does not believe that the results from any examination of these open years would have a material adverse impact on the organization. The organization does not have amounts accrued for interest and penalties related to unrecognized tax matters, and it is not aware of any claims by federal or state tax authorities.

Schedule D, Page 4, Part XI, Line 2D

Gain (loss) ben'l interest in assets held at foundation 10,028

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.14$0.12$3.03$2.80$2.50$0.29
2023Detailed filing. Detailed filing data is available for this year.$2.80$0.10$2.71$2.62$2.20$0.43
2022Detailed filing. Detailed filing data is available for this year.$2.35$0.11$2.25$1.72$1.76$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.50$0.13$2.37$1.89$1.58$0.31
2020Detailed filing. Detailed filing data is available for this year.$2.11$0.09$2.03$2.32$1.77$0.55
2019Detailed filing. Detailed filing data is available for this year.$1.46$0.03$1.43$1.76$1.69$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.35$0.04$1.31$1.93$1.89$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.32$0.02$1.30$2.27$2.12$0.15
2016Detailed filing. Detailed filing data is available for this year.$1.16$0.04$1.12$2.07$2.00$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.06$0.02$1.04$1.79$1.77$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.17$0.14$1.03$1.77$1.75$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.16$0.16$1.01$1.57$1.60$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.17$0.16$1.01$1.36
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.86$0.02$0.84$1.21
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.02$0.81$0.90