Civic Intelligence

Backpack Weekend Food Program Inc.

990 • Fiscal year 2016 • EIN 47-1591744

Jul 01, 2015 to Jun 30, 2016 • Filed on Aug 24, 2016

PO Box 551030Gastonia, NC 28055

(704) 689-3363

Siviq Scores

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

Liabilities / Assets

54th percentile

0.00x

Higher debt load relative to assets than 54% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

54th percentile

0.00x

Higher debt load relative to revenue than 54% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

89th percentile

39%

Higher net margin than 89% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2016

Asset Growth

90th percentile

82%

Faster asset growth than 90% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

88th percentile

59%

Faster revenue growth than 88% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$355,912

Up $160,277 (+82%) from 2015

Net Assets

Up

$355,882

Up $175,589 (+97%) from 2015

Liabilities

Down

$30

Down $15,312 (-100%) from 2015

Revenue

Up

$447,467

Up $165,831 (+59%) from 2015

Expenses

Up

$271,878

Up $49,141 (+22%) from 2015

Net Income

Up

$175,589

Up $116,690 (+198%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2015: $195,635Liabilities 2015: $15,342Net Assets 2015: $180,2932015Assets 2016: $355,912Liabilities 2016: $30Net Assets 2016: $355,8822016Assets 2017: $421,269Liabilities 2017: $4,275Net Assets 2017: $416,9942017Assets 2018: $584,875Liabilities 2018: $17,311Net Assets 2018: $567,5642018Assets 2019: $671,565Liabilities 2019: $28,298Net Assets 2019: $643,2672019Assets 2020: $702,636Liabilities 2020: $35,105Net Assets 2020: $667,5312020Assets 2021: $779,061Liabilities 2021: $26,461Net Assets 2021: $752,6002021Assets 2022: $810,413Liabilities 2022: $14,276Net Assets 2022: $796,1372022Assets 2023: $918,955Liabilities 2023: $11,205Net Assets 2023: $907,7502023Assets 2024: $1,088,190Liabilities 2024: $6,641Net Assets 2024: $1,081,5492024Assets 2025: $1,152,770Liabilities 2025: $8,483Net Assets 2025: $1,144,2872025

Highlighted filing

2016

Assets$355,912
Liabilities$30
Net Assets$355,882

Operations Trend

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

$800K$600K$400K$200K$0Revenue 2015: $281,636Expenses 2015: $222,737Net Income 2015: $58,8992015Revenue 2016: $447,467Expenses 2016: $271,878Net Income 2016: $175,5892016Revenue 2017: $374,029Expenses 2017: $313,701Net Income 2017: $60,3282017Revenue 2018: $450,594Expenses 2018: $300,044Net Income 2018: $150,5502018Revenue 2019: $440,821Expenses 2019: $365,604Net Income 2019: $75,2172019Revenue 2020: $397,326Expenses 2020: $368,821Net Income 2020: $28,5052020Revenue 2021: $332,986Expenses 2021: $273,127Net Income 2021: $59,8592021Revenue 2022: $499,712Expenses 2022: $403,165Net Income 2022: $96,5472022Revenue 2023: $549,383Expenses 2023: $447,099Net Income 2023: $102,2842023Revenue 2024: $613,017Expenses 2024: $484,005Net Income 2024: $129,0122024Revenue 2025: $521,851Expenses 2025: $481,697Net Income 2025: $40,1542025

Highlighted filing

2016

Revenue$447,467
Expenses$271,878
Net Income$175,589
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Aug 24, 2016
Return Version
2015v2.1
Gross Receipts
$480,012
Mission and Program Overview

Mission

The mission of the backpack weekend food program, inc. Is to feed children during the weekend so they can come to school less hungry and ready to learn.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$25,012$200,313▲ $175,301
Cash and Non-Interest-Bearing Accounts$159,181$133,010▼ $26,171
Land, Buildings, and Equipment, Net-$8,033-
Investments Program Related$1,900$1,688▼ $212
Inventories for Sale or Use$1,254--
Pledges and Grants Receivable$2,500$830▼ $1,670
Total Assets$195,635$355,912▲ $160,277
Other Assets Total$5,788$12,038▲ $6,250
Liabilities
Deferred Revenue$15,342--
Accounts Payable and Accrued Expenses-$30-
Total Liabilities$15,342$30▼ $15,312
Net Assets / Fund Balance
Unrestricted Net Assets$169,182$325,684▲ $156,502
Temporarily Rstr Net Assets$11,111$30,198▲ $19,087
Total Net Assets Fund Balance$180,293$355,882▲ $175,589
Total Liabilities and Net Assets / Fund Balance$195,635$355,912▲ $160,277

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$5,100-$5,100
Equipment$2,933$267$3,200
Compensation and Service Providers

Board Members and Trustees

NameTitle
Michael K McmahanPresident
Angela HollarBoard Member
Barbara MyersBoard Member
Brack EastBoard Member
Charles NiemeyerBoard Member
Dallas ButlerBoard Member
Darlyn PeindlBoard Member
Jimee CrouchBoard Member
Ray HardeeBoard Member
Richard BlackburnBoard Member
Valerie YatkoBoard Member
Wavy WilliamsBoard Member
Carolyn L NiemeyerCEO
Leon V StadtherSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$466,830
Program Service Revenue
$0
Investment Income
$283
Other Revenue
$-19,646
All Other Contributions
$372,789
Change in Net Assets
$175,589
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$239,911
Other Expenses$29,137
Professional Fundraising Fees$2,625
Total Fundraising Expense$2,625
Salaries, Compensation, and Employee Benefits$205

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$239,911--$239,911
Office Expenses$3,084$3,333-$6,417
Occupancy$3,820--$3,820
Fees for Services Other$3,025--$3,025
Fees for Services Professional Fundraising--$2,625$2,625
Fees for Services Accounting-$2,030-$2,030
Fees for Services Legal-$1,893-$1,893
Information Technology$1,580--$1,580
Other Expenses$585--$585
Depreciation Depletion$267--$267
Other Salaries and Wages-$205-$205
Fees for Service Investment Mgmnt Fees-$153-$153
All Other Expenses$70--$70
Total Functional Expenses$261,639$7,614$2,625$271,878
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$32,545
Fundraising Gross Income$12,899
Professional Fundraising Fees$2,625

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dining at the C$106,940$12,899$16,262$-3,363
Total Events$106,940$12,899$32,545$-19,646
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
Yes
Annual disclosure for covered persons
Yes
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
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 2

Carolyn l. Niemeyer charles niemeyer family relationship

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

All board members receive a copy of the return for review and approval before it is filed.

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

The executive committee monitors and enforces compliance with the conflict of interest policy. Each director, principal officer and member of a committee with board delegated powers is provided the conflict of interest policy, and is required to complete and sign an annual conflict of interest statement.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents and financial records available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Backpack Weekend Food Program Inc
EIN
47-1591744
Phone
7046893363
Address
PO BOX 551030, GASTONIA, NC 28055

Signing Officer

Name
Carolyn L Niemeyer
Title
CEO
Phone
7046893363
Signed
2016-08-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carolyn L Niemeyer
Formed
2014
Legal Domicile
Nc
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
500

Preparer

Firm
Butler & Stowe
Address
PO BOX 2379, GASTONIA, NC 28053-2379
Preparer
Dm Payseur CPA
Phone
7048648311
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

Volunteers provided 30,223 hours of service to the organization during the year ended 6/30/16.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization does not have any accruals for uncertain tax positions as of june 30, 2016. It is not anticipated that unrecognized tax benefits would significantly increase or decrease within twelve months of the reporting date. The organization's income tax returns for the years ended june 30, 2015 and 2016 remain open for examination by federal and state taxing authorities.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY ACCRUALS FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2016. IT IS NOT ANTICIPATED THAT UNRECOGNIZED TAX BENEFITS WOULD SIGNIFICANTLY INCREASE OR DECREASE WITHIN TWELVE MONTHS OF THE REPORTING DATE. THE ORGANIZATION'S INCOME TAX RETURNS FOR THE YEARS ENDED JUNE 30, 2015 AND 2016 REMAIN OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES CHILDREN IN NEED WITH A PLASTIC BAG OF NONPERISHABLE, INDIVIDUALLY-PORTIONED, NUTRITIONALLY-BALANCED FOOD TO TAKE HOME IN THEIR BACKPACKS ON THE WEEKEND WHEN SCHOOL MEALS ARE NOT AVAILABLE. THOSE STUDENTS MOST LIKELY TO BE HUNGRY ON THE WEEKEND ARE IDENTIFIED BY SCHOOL COUNSELORS, SOCIAL WORKERS, TEACHERS, SCHOOL NURSES, AND PRINCIPALS. THE ORGANIZATION PROVIDED FOOD FOR 989 STUDENTS EACH MONTH OF THE 9 MONTH SCHOOL YEAR DURING THE ORGANIZATION'S YEAR ENDING 6/30/16.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 4, PART IV
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS PROVIDED 30,223 HOURS OF SERVICE TO THE ORGANIZATION DURING THE YEAR ENDED 6/30/16.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CAROLYN L. NIEMEYER CHARLES NIEMEYER FAMILY RELATIONSHIP
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL BOARD MEMBERS RECEIVE A COPY OF THE RETURN FOR REVIEW AND APPROVAL BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE COMMITTEE MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS IS PROVIDED THE CONFLICT OF INTEREST POLICY, AND IS REQUIRED TO COMPLETE AND SIGN AN ANNUAL CONFLICT OF INTEREST STATEMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL RECORDS AVAILABLE TO THE PUBLIC UPON REQUEST.
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IRS990/WebsiteAddressTxt0WWW.BACKPACKWEEKENDFOODPROGRAM.COM
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BACKPACK WEEKEND FOOD PROGRAM INC
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