Civic Intelligence

Food for Families Nc Inc

EIN 47-1895897 • 501(c)3 • Indian Trail, NC

Indian Trail, NC
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

23rd percentile

0.00x

Higher debt load relative to assets than 23% of similar nonprofits.

NTEE P • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.01x

Higher debt load relative to revenue than 22% of similar nonprofits.

NTEE P • $1M-$5M nonprofits • Source year 2024

Net Margin

90th percentile

50%

Higher net margin than 90% of similar nonprofits.

NTEE P • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE P • $1M-$5M nonprofits • Source year 2024

Asset Growth

90th percentile

78%

Faster asset growth than 90% of similar nonprofits.

NTEE P • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

204%

Faster revenue growth than 95% of similar nonprofits.

NTEE P • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$4,186,048

Up $1,834,070 (+78%) from 2023

Liabilities

Up

$19,875

Up $807 (+4.2%) from 2023

Net Assets

Up

$4,166,173

Up $1,833,263 (+79%) from 2023

Revenue

Up

$3,604,904

Up $2,417,554 (+204%) from 2023

Expenses

Up

$1,787,662

Up $712,363 (+66%) from 2023

Net Income

Up

$1,817,242

Up $1,705,191 (+1522%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2014: $6,839Liabilities 2014: $02014Assets 2015: $38,467Liabilities 2015: $02015Assets 2016: $49,343Liabilities 2016: $02016Assets 2017: $69,449Liabilities 2017: $0Net Assets 2017: $69,4492017Assets 2018: $443,021Liabilities 2018: $100,000Net Assets 2018: $343,0212018Assets 2019: $454,049Liabilities 2019: $40,000Net Assets 2019: $414,0492019Assets 2020: $673,044Liabilities 2020: $11,185Net Assets 2020: $661,8592020Assets 2021: $713,802Liabilities 2021: $32,913Net Assets 2021: $680,8892021Assets 2022: $2,269,008Liabilities 2022: $40,941Net Assets 2022: $2,228,0672022Assets 2023: $2,351,978Liabilities 2023: $19,068Net Assets 2023: $2,332,9102023Assets 2024: $4,186,048Liabilities 2024: $19,875Net Assets 2024: $4,166,1732024

Highlighted filing

2024

Assets$4,186,048
Liabilities$19,875
Net Assets$4,166,173

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $63,984Expenses 2014: $57,145Net Income 2014: $6,8392014Revenue 2015: $124,488Expenses 2015: $92,860Net Income 2015: $31,6282015Revenue 2016: $67,902Expenses 2016: $57,026Net Income 2016: $10,8762016Revenue 2017: $103,708Expenses 2017: $109,670Net Income 2017: -$5,9622017Revenue 2018: $386,517Expenses 2018: $112,945Net Income 2018: $273,5722018Revenue 2019: $221,678Expenses 2019: $150,650Net Income 2019: $71,0282019Revenue 2020: $753,894Expenses 2020: $506,084Net Income 2020: $247,8102020Revenue 2021: $760,949Expenses 2021: $741,919Net Income 2021: $19,0302021Revenue 2022: $2,217,080Expenses 2022: $669,902Net Income 2022: $1,547,1782022Revenue 2023: $1,187,350Expenses 2023: $1,075,299Net Income 2023: $112,0512023Revenue 2024: $3,604,904Expenses 2024: $1,787,662Net Income 2024: $1,817,2422024

Highlighted filing

2024

Revenue$3,604,904
Expenses$1,787,662
Net Income$1,817,242

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 25, 2025
Return Version
2024v5.0
Gross Receipts
$3,638,146
Mission and Program Overview

Mission

To eradicate hunger in families in our community.

To eradicate hunger in families for our community

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,221,517$2,405,671▲ $184,154
Cash and Non-Interest-Bearing Accounts$50,898$1,415,448▲ $1,364,550
Inventories for Sale or Use$79,563$350,533▲ $270,970
Accounts Receivable-$14,396-
Total Assets$2,351,978$4,186,048▲ $1,834,070
Liabilities
Accounts Payable and Accrued Expenses$19,068$19,875▲ $807
Total Liabilities$19,068$19,875▲ $807
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,330,786$3,296,786▲ $966,000
Net Assets With Donor Restrictions$2,124$869,387▲ $867,263
Total Net Assets Fund Balance$2,332,910$4,166,173▲ $1,833,263
Total Liabilities and Net Assets / Fund Balance$2,351,978$4,186,048▲ $1,834,070

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,933,164$138,737-
Equipment$472,507$229,368-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Thomas J HallBoard Chair
Jeff MangumVice Chair
Amy GowerBoard Member
David CuthbertsonBoard Member
David WadeBoard Member
Drew BoggsBoard Member
Dwayne LewisBoard Member
Ingram WaltersBoard Member
Mackenzie MoserBoard Member
R Dean HarrellBoard Member
Ray BlackBoard Member
Wes HinsonBoard Member
Steven K HelmsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,347,547
Program Service Revenue
$0
Investment Income
$35,178
Other Revenue
$222,179
Change in Net Assets
$1,817,242

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported Amount
Food Inventory1$1,369,279
Cars and Other Vehicles1$121,100
Total Noncash Contributions2$1,490,379
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,546,592
Salaries, Compensation, and Employee Benefits$241,070
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$124,541$110,931-$235,472
Depreciation Depletion$138,816--$138,816
Fees for Services Other$25,648--$25,648
Insurance$23,193--$23,193
Advertising$18,741--$18,741
Occupancy$14,048$1,535-$15,583
Information Technology$8,942--$8,942
Travel$7,894--$7,894
Payroll Taxes$4,478$1,120-$5,598
Other Expenses$3,837$826-$4,663
Office Expenses$2,946$1,194-$4,140
All Other Expenses-$1,482-$1,482
Interest$931--$931
Total Functional Expenses$1,670,574$117,088$0$1,787,662
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$188,524
Fundraising Direct Expenses$33,242
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Roast & Toast D$188,524$188,524-$188,524
Total Events$188,524$188,524$33,242$155,282
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
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
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

REVIEW WAS CONDUCTED

Form 990, Page 6, Part VI, Line 19

Documents made available to the public upon request

Filing and Contact Details

Filer

Filer Name
Food for Families Nc Inc
EIN
47-1895897
Phone
7046206391
Address
PO BOX 702, INDIAN TRAIL, NC 28079

Signing Officer

Name
Thomas J Hall
Title
Board Chair
Phone
7046094233
Signed
2025-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Thomas J Hall
Formed
2014
Legal Domicile
Nc
Voting Board Members
13
Independent Board Members
13
Employees
6

Preparer

Firm
Potter & Company Pa CPA
Address
114 N CHURCH ST, MONROE, NC 28112-4867
Preparer
Emily H Mills CPA
Phone
7042838189
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Book / tax depreciation difference -26,918 sec 481(a) adj, cash to accrual adj 42,939 total 16,021

Form 990, Page 12, Part XII, Line 1

In the current year, the organization changed its method of accounting from the cash basis to the accrual basis to align with generally accepted accounting principles (gaap) for audited financial statements. Under the accrual basis, revenues and expenses are recognized when earned or incurred, rather than when cash is received or paid. The effect of this change on net assets as of the beginning of the year was 42,939, reported as an 'other change in net assets' in part xi, line 9 of form 990 and explained in schedule o. The change resulted in a section 481(a) adjustment, as required by irs regulations

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IRS990/PayrollTaxesGrp/ProgramServicesAmt04478
IRS990/PayrollTaxesGrp/TotalAmt05598
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0THOMAS J HALL
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01167098
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02
IRS990/PYOtherExpensesAmt0987521
IRS990/PYOtherRevenueAmt020250
IRS990/PYRevenuesLessExpensesAmt0112051
IRS990/PYSalariesCompEmpBnftPaidAmt087778
IRS990/PYTotalExpensesAmt01075299
IRS990/PYTotalRevenueAmt01187350
IRS990/ReconcilationRevenueExpnssAmt01817242
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt052800
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0RENTAL REVENUE 81,000
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt03347547
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01167098
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02216823
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0752993
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0753894
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08238355
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt035178
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0258
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt035444
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0310851
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt052800
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt020250
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt07950
IRS990ScheduleA/OtherIncome170Grp/TotalAmt081000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98610
IRS990ScheduleA/PublicSupportPY170Pct00.99450
IRS990ScheduleA/PublicSupportTotal170Amt08238355
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt03347547
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01167098
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02216823
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0752993
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0753894
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08238355
IRS990ScheduleA/TotalSupportAmt08354799
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01933164
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0138737
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02071901
IRS990ScheduleD/EquipmentGrp/BookValueAmt0472507
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0229368
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0701875
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02405671
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt033242
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0ROAST & TOAST D
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt033242
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt033242
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0188524
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0188524
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0188524
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0188524
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0155282
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/CarsAndOtherVehiclesGrp/ContributionCnt01
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NonCashCheckboxInd0X
IRS990ScheduleM/CarsAndOtherVehiclesGrp/NoncashContributionsRptF990Amt0121100
IRS990ScheduleM/FoodInventoryGrp/ContributionCnt01
IRS990ScheduleM/FoodInventoryGrp/NonCashCheckboxInd0X
IRS990ScheduleM/FoodInventoryGrp/NoncashContributionsRptF990Amt01369279
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0REVIEW WAS CONDUCTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS MADE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOOK / TAX DEPRECIATION DIFFERENCE -26,918 SEC 481(A) ADJ, CASH TO ACCRUAL ADJ 42,939 TOTAL 16,021
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IN THE CURRENT YEAR, THE ORGANIZATION CHANGED ITS METHOD OF ACCOUNTING FROM THE CASH BASIS TO THE ACCRUAL BASIS TO ALIGN WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP) FOR AUDITED FINANCIAL STATEMENTS. UNDER THE ACCRUAL BASIS, REVENUES AND EXPENSES ARE RECOGNIZED WHEN EARNED OR INCURRED, RATHER THAN WHEN CASH IS RECEIVED OR PAID. THE EFFECT OF THIS CHANGE ON NET ASSETS AS OF THE BEGINNING OF THE YEAR WAS 42,939, REPORTED AS AN 'OTHER CHANGE IN NET ASSETS' IN PART XI, LINE 9 OF FORM 990 AND EXPLAINED IN SCHEDULE O. THE CHANGE RESULTED IN A SECTION 481(A) ADJUSTMENT, AS REQUIRED BY IRS REGULATIONS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 12, PART XII, LINE 1
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02351978
IRS990/TotalAssetsEOYAmt04186048
IRS990/TotalAssetsGrp/BOYAmt02351978
IRS990/TotalAssetsGrp/EOYAmt04186048
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt03347547
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0117088
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01670574
IRS990/TotalFunctionalExpensesGrp/TotalAmt01787662
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt019068
IRS990/TotalLiabilitiesEOYAmt019875
IRS990/TotalLiabilitiesGrp/BOYAmt019068
IRS990/TotalLiabilitiesGrp/EOYAmt019875
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02332910
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04166173
IRS990/TotalProgramServiceExpensesAmt01670574
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0102075
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt03604904
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02351978
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04186048
IRS990/TravelGrp/ProgramServicesAmt07894
IRS990/TravelGrp/TotalAmt07894
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0WWW.FFFNC.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0THOMAS J HALL

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