Civic Intelligence

Backpack Weekend Food Program Inc.

990 • Fiscal year 2017 • EIN 47-1591744

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 01, 2017

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

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

63rd percentile

0.01x

Higher debt load relative to revenue than 63% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

72nd percentile

16%

Higher net margin than 72% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

71st percentile

18%

Faster asset growth than 71% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

26th percentile

-16%

Faster revenue growth than 26% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$421,269

Up $65,357 (+18%) from 2016

Net Assets

Up

$416,994

Up $61,112 (+17%) from 2016

Liabilities

Up

$4,275

Up $4,245 (+14150%) from 2016

Revenue

Down

$374,029

Down $73,438 (-16%) from 2016

Expenses

Up

$313,701

Up $41,823 (+15%) from 2016

Net Income

Down

$60,328

Down $115,261 (-66%) from 2016

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

2017

Assets$421,269
Liabilities$4,275
Net Assets$416,994

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

2017

Revenue$374,029
Expenses$313,701
Net Income$60,328
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 1, 2017
Return Version
2016v3.0
Gross Receipts
$421,609
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
Investments in Publicly Traded Securities-$201,181-
Savings and Temporary Cash Investments$200,313$115,590▼ $84,723
Cash and Non-Interest-Bearing Accounts$133,010$74,508▼ $58,502
Land, Buildings, and Equipment, Net$8,033$12,183▲ $4,150
Pledges and Grants Receivable$830$6,272▲ $5,442
Investments Program Related$1,688$1,717▲ $29
Total Assets$355,912$421,269▲ $65,357
Other Assets Total$12,038$9,818▼ $2,220
Liabilities
Deferred Revenue-$2,480-
Accounts Payable and Accrued Expenses$30$1,795▲ $1,765
Total Liabilities$30$4,275▲ $4,245
Net Assets / Fund Balance
Unrestricted Net Assets$325,684$399,659▲ $73,975
Temporarily Rstr Net Assets$30,198$17,335▼ $12,863
Total Net Assets Fund Balance$355,882$416,994▲ $61,112
Total Liabilities and Net Assets / Fund Balance$355,912$421,269▲ $65,357

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,593$1,821$9,414
Leasehold Improvements$4,590$510$5,100
Compensation and Service Providers

Board Members and Trustees

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

Revenue Composition

Contributions and Grants
$420,607
Program Service Revenue
$0
Investment Income
$1,002
Other Revenue
$-47,580
All Other Contributions
$301,857
Change in Net Assets
$60,328
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$242,283
Other Expenses$57,876
Salaries, Compensation, and Employee Benefits$10,042
Professional Fundraising Fees$3,500
Total Fundraising Expense$3,500

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$242,283--$242,283
Occupancy$28,995--$28,995
Other Salaries and Wages-$7,868-$7,868
Information Technology$7,033--$7,033
Office Expenses$2,845$3,475-$6,320
Fees for Services Accounting-$4,283-$4,283
Fees for Services Professional Fundraising--$3,500$3,500
Depreciation Depletion$2,065--$2,065
Other Employee Benefits-$1,506-$1,506
Other Expenses$870--$870
Fees for Services Legal-$750-$750
Payroll Taxes-$668-$668
Fees for Services Other$500--$500
Fees for Service Investment Mgmnt Fees-$299-$299
Total Functional Expenses$291,352$18,849$3,500$313,701
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$47,580
Professional Fundraising Fees$3,500

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dining at the C$101,386-$22,907-
Golf Tournament$6,286-$883-
Total Events$107,672-$47,580$-47,580
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
2017-11-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carolyn L Niemeyer
Formed
2014
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
500

Preparer

Firm
Butler & Stowe
Address
PO BOX 2379, GASTONIA, NC 28053-2379
Preparer
Shauna Lindsay 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 6/30/17.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization does not have any accruals for uncertain tax positions as of june 30, 2017. 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, 2016 and 2017 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, 2017. 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, 2016 AND 2017 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 998 STUDENTS EACH MONTH OF THE 9 MONTH SCHOOL YEAR DURING THE ORGANIZATION'S YEAR ENDING 6/30/17.
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 6/30/17.
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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
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IRS990/WebsiteAddressTxt0WWW.BACKPACKWEEKENDFOODPROGRAM.COM
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