Civic Intelligence

The Manna Project Inc.

990 • Fiscal year 2021 • EIN 38-2764533

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 25, 2022

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

46th percentile

0.05x

Higher debt load relative to assets than 46% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

45th percentile

0.07x

Higher debt load relative to revenue than 45% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

57th percentile

16%

Higher net margin than 57% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

47th percentile

$45,973

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 2.4% of source-year revenue.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

66th percentile

18%

Faster asset growth than 66% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

14th percentile

-19%

Faster revenue growth than 14% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,499,254

Up $387,883 (+18%) from 2020

Net Assets

Up

$2,370,632

Up $345,617 (+17%) from 2020

Liabilities

Up

$128,622

Up $42,266 (+49%) from 2020

Revenue

Down

$1,886,938

Down $428,586 (-19%) from 2020

Expenses

Down

$1,577,270

Down $189,881 (-11%) from 2020

Net Income

Down

$309,668

Down $238,705 (-44%) from 2020

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

2021

Assets$2,499,254
Liabilities$128,622
Net Assets$2,370,632

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

2021

Revenue$1,886,938
Expenses$1,577,270
Net Income$309,668
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 25, 2022
Return Version
2021v4.0
Gross Receipts
$1,898,234
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$1,018,367$992,175▼ $26,192
Savings and Temporary Cash Investments$356,548$750,222▲ $393,674
Land, Buildings, and Equipment, Net$240,600$223,203▼ $17,397
Inventories for Sale or Use$105,841$94,309▼ $11,532
Accounts Receivable$2,703$8,447▲ $5,744
Total Assets$2,111,371$2,499,254▲ $387,883
Other Assets Total$387,312$430,898▲ $43,586
Liabilities
Accounts Payable and Accrued Expenses$86,356$128,622▲ $42,266
Total Liabilities$86,356$128,622▲ $42,266
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,855,274$2,064,001▲ $208,727
Net Assets With Donor Restrictions$169,741$306,631▲ $136,890
Total Net Assets Fund Balance$2,025,015$2,370,632▲ $345,617
Total Liabilities and Net Assets / Fund Balance$2,111,371$2,499,254▲ $387,883

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$212,286$212,040$424,326
Equipment$5,414$224,863$230,277
Other Land Buildings$1,503$14,372$15,875
Leasehold Improvements-$11,935$11,935
Land$4,000-$4,000
Other Assets Org$8,493--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2021$103,869-▲ $8,915-$112,784
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
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Kim BakerFormer ExecFT$45,973$45,973
Carrie Klingelsmith2021 Exec DiFT$11,308$11,308

Board Members and Trustees

NameTitle
Molly Ames Baker2021 Board M
Phil Millard2021 Board M
Todd Petersen2021 Board M
Tom Knott2021 Board M
Bill McmasterBoard Member
David DonovanBoard Member
Jim JensenBoard Member
Lauren MeiselBoard Member
Meagan KrzywosinskiBoard Member
Larry Dewitt2021 Preside
Kevin Christman2021 Treasur
Sarah Shuman2021 Vice Pr
Tom Squires2022 Secreta
Susan Conklin2022 Vice Pr
Revenue and Support

Revenue Composition

Contributions and Grants
$1,671,724
Program Service Revenue
$206,122
Investment Income
$9,092
Other Revenue
$0
All Other Contributions
$1,594,911
Change in Net Assets
$309,668

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 Inventory16$631,263290,904 POUNDS @ 2.17
Total Noncash Contributions16$631,263-

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,886,938
Revenue Not Reported on Form 990
$35,949
Total Revenue per Audited Statements
$1,922,887
Total Revenue per Form 990
$1,886,938
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$634,457
Other Expenses$615,070
Salaries, Compensation, and Employee Benefits$327,743
Total Fundraising Expense$51,137
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$634,457--$634,457
Other Salaries and Wages$158,724$55,026$11,261$225,011
Current Officers, Directors, Trustees, and Key Employees$11,457$25,174$20,650$57,281
Occupancy$34,085$13,665-$47,750
Fees for Services Management-$37,870-$37,870
Payroll Taxes$13,891$6,597$2,647$23,135
Other Employee Benefits$14,580$6,273$1,463$22,316
Depreciation Depletion$17,397--$17,397
Fees for Services Accounting-$13,135-$13,135
Other Expenses$4,868$7,331$15,116$12,199
Information Technology-$10,469-$10,469
All Other Expenses$427$8,330-$8,757
Insurance$4,157$4,463-$8,620
Office Expenses-$4,081-$4,081
Total Functional Expenses$1,333,719$192,414$51,137$1,577,270

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,577,270
Total Expenses per Audited Statements$1,577,270
Total Expenses per Form 990$1,577,270
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$11,296
Fundraising Gross Income$11,296
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Fore Manna$73,109$11,296$3,617$7,679
Total Events$73,109$11,296$11,296-
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-
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
2022-07-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Dewitt
Formed
1987
Legal Domicile
Mi
Voting Board Members
10
Independent Board Members
10
Employees
9
Volunteers
399

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 28,000 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 8,915

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 8,915

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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