Civic Intelligence

Backpack Weekend Food Program Inc.

990 • Fiscal year 2018 • EIN 47-1591744

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 18, 2018

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

49th percentile

0.03x

Higher debt load relative to assets than 49% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

52nd percentile

0.04x

Higher debt load relative to revenue than 52% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

86th percentile

33%

Higher net margin than 86% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2018

Asset Growth

86th percentile

39%

Faster asset growth than 86% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

73rd percentile

20%

Faster revenue growth than 73% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$584,875

Up $163,606 (+39%) from 2017

Net Assets

Up

$567,564

Up $150,570 (+36%) from 2017

Liabilities

Up

$17,311

Up $13,036 (+305%) from 2017

Revenue

Up

$450,594

Up $76,565 (+20%) from 2017

Expenses

Down

$300,044

Down $13,657 (-4.4%) from 2017

Net Income

Up

$150,550

Up $90,222 (+150%) from 2017

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

2018

Assets$584,875
Liabilities$17,311
Net Assets$567,564

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

2018

Revenue$450,594
Expenses$300,044
Net Income$150,550
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 18, 2018
Return Version
2017v2.3
Gross Receipts
$541,993
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$209,795▲ $8,614
Cash and Non-Interest-Bearing Accounts$74,508$189,849▲ $115,341
Savings and Temporary Cash Investments$115,590$167,591▲ $52,001
Land, Buildings, and Equipment, Net$12,183$9,790▼ $2,393
Investments Program Related$1,717$1,673▼ $44
Pledges and Grants Receivable$6,272$527▼ $5,745
Other Notes and Loans Receivable, Net-$144-
Total Assets$421,269$584,875▲ $163,606
Other Assets Total$9,818$5,506▼ $4,312
Liabilities
Deferred Revenue$2,480$15,302▲ $12,822
Accounts Payable and Accrued Expenses$1,795$2,009▲ $214
Total Liabilities$4,275$17,311▲ $13,036
Net Assets / Fund Balance
Unrestricted Net Assets$399,659$535,229▲ $135,570
Temporarily Rstr Net Assets$17,335$32,335▲ $15,000
Total Net Assets Fund Balance$416,994$567,564▲ $150,570
Total Liabilities and Net Assets / Fund Balance$421,269$584,875▲ $163,606

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,710$3,704$9,414
Leasehold Improvements$4,080$1,020$5,100
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard BlackburnChairman
Angela HollarBoard Member
Brack EastBoard Member
Carolyn L NiemeyerBoard Member
Jimee CrouchBoard Member
Michael McmahanBoard Member
Ray HardeeBoard Member
Valerie YatkoBoard Member
Dallas ButlerExecutive Di
Leon V StadtherSecretary/tr
Revenue and Support

Revenue Composition

Contributions and Grants
$475,202
Program Service Revenue
$0
Investment Income
$9,811
Other Revenue
$-34,419
All Other Contributions
$355,266
Change in Net Assets
$150,550
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$215,237
Other Expenses$56,702
Salaries, Compensation, and Employee Benefits$26,110
Professional Fundraising Fees$1,995
Total Fundraising Expense$1,995

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$215,237--$215,237
Occupancy$31,259--$31,259
Other Salaries and Wages-$21,300-$21,300
Office Expenses$3,961$4,043-$8,004
Fees for Services Accounting-$4,291-$4,291
Information Technology$3,384--$3,384
Current Officers, Directors, Trustees, and Key Employees-$2,538-$2,538
Depreciation Depletion$2,393--$2,393
Payroll Taxes-$2,051-$2,051
Fees for Services Professional Fundraising--$1,995$1,995
Fees for Service Investment Mgmnt Fees-$1,191-$1,191
Fees for Services Other$1,170--$1,170
Fees for Services Legal-$1,000-$1,000
Other Employee Benefits-$221-$221
Other Expenses$29--$29
Total Functional Expenses$261,414$36,635$1,995$300,044
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$34,419
Professional Fundraising Fees$1,995

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dining at the C$87,697-$12,714-
Golf Tournament$9,405-$1,081-
Total Events$97,102-$34,419$-34,419
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
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

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 15A

During the year eneded 6/30/18 the organization hired an executive director.

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
Dallas Butler
Title
Executive Director
Phone
7046893363
Signed
2018-10-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dallas Butler
Formed
2014
Legal Domicile
Nc
Voting Board Members
10
Independent Board Members
9
Employees
1
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 6/30/18.

Financial Statement Notes

Schedule D, Page 3, Part X

The organization does not have any accruals for uncertain tax positions as of june 30, 2018. 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, 2016, 2017 and 2018 remain open for examination by federal and state taxing authorities.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0281495
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IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01020
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt05100
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DOES NOT HAVE ANY ACCRUALS FOR UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2018. 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, 2016, 2017 AND 2018 REMAIN OPEN FOR EXAMINATION BY FEDERAL AND STATE TAXING AUTHORITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DINING AT THE C
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF TOURNAMENT
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0920
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt087697
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt09405
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0COST
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 866 STUDENTS EACH MONTH OF THE 9 MONTH SCHOOL YEAR DURING THE ORGANIZATION'S YEAR ENDING 6/30/18.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 4, PART IV
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS PROVIDED 30,223 HOURS OF SERVICE TO THE ORGANIZATION DURING THE YEAR ENDED 6/30/18.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS RECEIVE A COPY OF THE RETURN FOR REVIEW AND APPROVAL BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE 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/ExplanationTxt3DURING THE YEAR ENEDED 6/30/18 THE ORGANIZATION HIRED AN EXECUTIVE DIRECTOR.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/USAddress/AddressLine1Txt0PO BOX 551030
IRS990/USAddress/CityNm0GASTONIA
IRS990/USAddress/StateAbbreviationCd0NC
IRS990/USAddress/ZIPCd028055
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IRS990/WebsiteAddressTxt0WWW.BWFPGC.COM
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ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DALLAS BUTLER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum07046893363
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-10-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BACKPACK WEEKEND FOOD PROGRAM INC
ReturnHeader/Filer/BusinessNameControlTxt0BACK
ReturnHeader/Filer/EIN0471591744
ReturnHeader/Filer/PhoneNum07046893363
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 551030
ReturnHeader/Filer/USAddress/CityNm0GASTONIA

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