Civic Intelligence

All Faiths Food Bank Inc

EIN 65-0115814 • 501(c)3 • Sarasota, FL

Profile

Together with our partners, we provide healthy solutions to end hunger in our community.

8171 Blaikie CTSarasota, FL 34240-8321

www.allfaithsfoodbank.org

Siviq Scores

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

Liabilities / Assets

19th percentile

0.03x

Higher debt load relative to assets than 19% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

9th percentile

0.02x

Higher debt load relative to revenue than 9% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

51st percentile

5.1%

Higher net margin than 51% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

27th percentile

$237,604

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 0.4% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

55th percentile

11%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$42,814,920

Up $4,224,672 (+11%) from 2023

Liabilities

Up

$1,290,361

Up $230,342 (+22%) from 2023

Net Assets

Up

$41,524,559

Up $3,994,330 (+11%) from 2023

Revenue

Up

$55,398,032

Up $5,356,886 (+11%) from 2023

Expenses

Up

$52,556,329

Up $5,056,181 (+11%) from 2023

Net Income

Up

$2,841,703

Up $300,705 (+12%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2011: $6,790,056Liabilities 2011: $1,025,227Net Assets 2011: $5,764,8292011Assets 2012: $7,171,599Liabilities 2012: $535,971Net Assets 2012: $6,635,6282012Assets 2013: $7,378,044Liabilities 2013: $201,872Net Assets 2013: $7,176,1722013Assets 2014: $8,746,149Liabilities 2014: $213,744Net Assets 2014: $8,532,4052014Assets 2015: $10,657,645Liabilities 2015: $183,643Net Assets 2015: $10,474,0022015Assets 2016: $13,245,102Liabilities 2016: $202,391Net Assets 2016: $13,042,7112016Assets 2017: $14,872,056Liabilities 2017: $320,671Net Assets 2017: $14,551,3852017Assets 2018: $15,257,260Liabilities 2018: $266,797Net Assets 2018: $14,990,4632018Assets 2019: $16,740,503Liabilities 2019: $435,198Net Assets 2019: $16,305,3052019Assets 2020: $26,790,770Liabilities 2020: $543,915Net Assets 2020: $26,246,8552020Assets 2021: $32,200,076Liabilities 2021: $810,925Net Assets 2021: $31,389,1512021Assets 2022: $34,695,753Liabilities 2022: $545,486Net Assets 2022: $34,150,2672022Assets 2023: $38,590,248Liabilities 2023: $1,060,019Net Assets 2023: $37,530,2292023Assets 2024: $42,814,920Liabilities 2024: $1,290,361Net Assets 2024: $41,524,5592024

Highlighted filing

2024

Assets$42,814,920
Liabilities$1,290,361
Net Assets$41,524,559

Operations Trend

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

$60M$40M$20M$0Expenses 2011: $9,512,7172011Expenses 2012: $11,054,6842012Expenses 2013: $12,568,0512013Revenue 2014: $15,480,201Expenses 2014: $14,800,301Net Income 2014: $679,9002014Revenue 2015: $17,894,069Expenses 2015: $15,873,275Net Income 2015: $2,020,7942015Revenue 2016: $19,596,156Expenses 2016: $17,103,688Net Income 2016: $2,492,4682016Revenue 2017: $22,190,726Expenses 2017: $20,387,573Net Income 2017: $1,803,1532017Revenue 2018: $21,350,533Expenses 2018: $20,680,294Net Income 2018: $670,2392018Revenue 2019: $25,816,886Expenses 2019: $24,959,225Net Income 2019: $857,6612019Revenue 2020: $49,591,442Expenses 2020: $39,940,627Net Income 2020: $9,650,8152020Revenue 2021: $40,886,490Expenses 2021: $36,200,098Net Income 2021: $4,686,3922021Revenue 2022: $47,618,285Expenses 2022: $43,878,670Net Income 2022: $3,739,6152022Revenue 2023: $50,041,146Expenses 2023: $47,500,148Net Income 2023: $2,540,9982023Revenue 2024: $55,398,032Expenses 2024: $52,556,329Net Income 2024: $2,841,7032024

Highlighted filing

2024

Revenue$55,398,032
Expenses$52,556,329
Net Income$2,841,703

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$42.8$1.29$41.5$55.4$52.6$2.84
2023Detailed filing. Detailed filing data is available for this year.$38.6$1.06$37.5$50.0$47.5$2.54
2022Detailed filing. Detailed filing data is available for this year.$34.7$0.55$34.2$47.6$43.9$3.74
2021Detailed filing. Detailed filing data is available for this year.$32.2$0.81$31.4$40.9$36.2$4.69
2020Detailed filing. Detailed filing data is available for this year.$26.8$0.54$26.2$49.6$39.9$9.65
2019Detailed filing. Detailed filing data is available for this year.$16.7$0.44$16.3$25.8$25.0$0.86
2018Detailed filing. Detailed filing data is available for this year.$15.3$0.27$15.0$21.4$20.7$0.67
2017Detailed filing. Detailed filing data is available for this year.$14.9$0.32$14.6$22.2$20.4$1.80
2016Summary only. Only limited summary data is available for this year.$13.2$0.20$13.0$19.6$17.1$2.49
2015Detailed filing. Detailed filing data is available for this year.$10.7$0.18$10.5$17.9$15.9$2.02
2014Detailed filing. Detailed filing data is available for this year.$8.75$0.21$8.53$15.5$14.8$0.68
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.38$0.20$7.18$12.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.17$0.54$6.64$11.1
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.79$1.03$5.76$9.51
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 11, 2025
Return Version
2024v5.2
Gross Receipts
$55,472,384
Mission and Program Overview

Mission

to feed the hungry and educate the community about hunger and nutrition. As a member of the feeding America network, we are the hub of hunger relief in Sarasota and De Soto counties.

Together with our partners, we provide healthy solutions to end hunger in our community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$20,040,221$23,755,079▲ $3,714,858
Land, Buildings, and Equipment, Net$7,453,897$7,965,748▲ $511,851
Savings and Temporary Cash Investments$8,829,112$7,333,434▼ $1,495,678
Inventories for Sale or Use$1,358,861$1,279,324▼ $79,537
Cash and Non-Interest-Bearing Accounts$151,516$1,275,991▲ $1,124,475
Prepaid Expenses and Deferred Charges$205,004$588,699▲ $383,695
Pledges and Grants Receivable$414,371$336,153▼ $78,218
Accounts Receivable$26,987$102,566▲ $75,579
Total Assets$38,590,248$42,814,920▲ $4,224,672
Other Assets Total$110,279$177,926▲ $67,647
Liabilities
Accounts Payable and Accrued Expenses$953,413$1,105,394▲ $151,981
Other Liabilities$106,606$184,967▲ $78,361
Total Liabilities$1,060,019$1,290,361▲ $230,342
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$35,532,819$39,496,776▲ $3,963,957
Net Assets With Donor Restrictions$1,997,410$2,027,783▲ $30,373
Total Net Assets Fund Balance$37,530,229$41,524,559▲ $3,994,330
Total Liabilities and Net Assets / Fund Balance$38,590,248$42,814,920▲ $4,224,672

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,539,233$3,260,286$5,799,519
Buildings$3,051,200$1,552,913$4,604,113
Land$2,210,118-$2,210,118
Leasehold Improvements$165,197$87,331$252,528
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nellie MillerCEOFT$221,835$15,769$237,604
Denise CotlerCDOFT$196,336$22,081$218,417
Maria Jose HorenCPOFT$189,488$11,169$200,657
Bill HaleyCOOFT$178,139$12,484$190,623
Dd GoerkeCPOFT$144,703$20,302$165,005
Ryan BeamanSr. Director of OperationsFT$119,231$17,773$137,004
Timothy TaylorCFOFT$70,277$15,942$86,219
Mike ZiebellCFOFT$76,985$1,740$78,725

Board Members and Trustees

NameTitle
Terri VitaleChair
Patricia CourtoisVice-chair
Barton LowtherDirector
Ben HananDirector
Dave NicholsDirector
Dennis DoughtyDirector
Elton WhiteDirector
Lisa Keverian-pressDirector
Mitch OlanDirector
Ron JadinDirector
Lashawn FrostSecretary
Rich CauteroTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$52,895,089
Program Service Revenue
$1,539,352
Investment Income
$839,974
Other Revenue
$123,617
All Other Contributions
$50,450,403
Change in Net Assets
$2,841,703

Noncash Contribution Practices

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

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory16,585,506$34,579,967Wholesale
Total Noncash Contributions16,585,506$34,579,967-

Audited Revenue Reconciliation

Revenue per Audited Statements
$55,366,771
Revenue Not Reported on Financial Statements
$31,261
Revenue Not Reported on Form 990
$1,150,540
Other Revenue Adjustments
$31,261
Total Revenue per Audited Statements
$56,517,311
Total Revenue per Form 990
$55,398,032
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$45,038,509
Salaries, Compensation, and Employee Benefits$7,347,203
Total Fundraising Expense$1,877,569
Professional Fundraising Fees$170,617
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,345,138$355,147$609,232$4,309,517
Current Officers, Directors, Trustees, and Key Employees$528,604$568,039$335,550$1,432,193
Other Employee Benefits$748,247$71,463$120,855$940,565
All Other Expenses$429,975$193,256$248,318$871,549
Depreciation Depletion$468,624$221,381-$690,005
Payroll Taxes$361,502$73,339$84,962$519,803
Other Expenses$419,629$135-$419,764
Occupancy$151,220$240,675-$391,895
Insurance$284,598$66,612-$351,210
Fees for Services Other$67,079$118,511$100,239$285,829
Office Expenses$200,608$24,338$15,601$240,547
Information Technology$56,774$123,898$26,941$207,613
Advertising$46,902$11$132,742$179,655
Fees for Services Professional Fundraising--$170,617$170,617
Pension Plan Contributions$105,756$25,961$13,408$145,125
Conferences and Meetings$20,288$30,296$15,488$66,072
Travel$28,493$14,359$3,616$46,468
Fees for Service Investment Mgmnt Fees-$31,261-$31,261
Fees for Services Accounting-$19,000-$19,000
Fees for Services Legal$13,280--$13,280
Interest$6,196--$6,196
Total Functional Expenses$48,501,078$2,177,682$1,877,569$52,556,329

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$52,556,329
Total Expenses per Audited Statements$52,522,981
Expenses per Audited Statements$52,448,629
Expenses Not Reported on Financial Statements$107,700
Other Expense Adjustments$107,700
Expenses Not Reported on Form 990$74,352
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$183,174
Professional Fundraising Fees$170,617
Fundraising Direct Expenses$74,352

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Autumn Harvest$331,269$160,815$46,933$113,882
Friendsgiving$69,850-$6,495-
Total Events$566,065$183,174$74,352$108,822
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liabilities$184,967
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
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
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, Part VI, Section B, Line 11B

Once form 990 is completed, it is reviewed by the chief executive officer, the chief financial officer and the treasurer. Once the return is reviewed by staff, copies are presented to the board and then form 990 is filed with the irs.

Form 990, Part VI, Section B, Line 12C

The board chair is responsible for annually monitoring and evaluating potential conflicts of interest.

Form 990, Part VI, Section B, Line 15

Ceo, top management and key employees: compensation is determined by conducting performance evaluations and based on evaluations, review compensation surveys provided by feeding america and the community foundation of sarasota county, and review of other local organizations' form(s) 990. The chief people officer also does comparison research in the community for related roles and positions at for-profit and non-profit organizations. In addition, the ceos compensation is approved by the executive committee. Officers of the board do not receive compensation. The ceo's performance is reviewed annually by the board chair and vice chair.

Form 990, Part VI, Section C, Line 19

All required documents are made available upon request or by visiting www.guidestar.org and/or www.charitynavigator.org.

Filing and Contact Details

Filer

Filer Name
All Faiths Food Bank Inc
EIN
65-0115814
Phone
9413796333
Address
8171 BLAIKIE CT, SARASOTA, FL 34240-8321

Signing Officer

Name
Rich Cautero
Title
Treasurer
Phone
9413796333
Signed
2025-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rich Cautero
Formed
1989
Legal Domicile
Fl
Voting Board Members
12
Independent Board Members
12
Employees
102
Volunteers
3,210

Preparer

Firm
Cavanaugh & Co Llp
Address
2381 FRUITVILLE ROAD, SARASOTA, FL 34237
Preparer
Michael R Pender
Phone
9413662983
Supplemental Narrative

Additional Explanations

FORM 990; PART II, LINE 1

Affb's mission: together with our partners, we provide healthy solutions to end hunger in our community.

Form 990, Part III, Line 4A

Food distribution all faiths food bank is the only food bank and largest hunger relief organization in sarasota and desoto counties. The food bank was founded by a group of individuals who, through their respective organizations, were feeding the hungry. They combined efforts to incorporate as all faiths food bank, a 501(c)(3) nonprofit organization. All faiths has been a certified member of the feeding america network since 1990. Mobile pantry program: neighbors who are food insecure can find fresh produce, meats and groceries at 35 locations which provides 46 distribution opportunities per month. This program enables all faiths to make food more accessible in underserved communities, in a manner that is reliable, quick and flexible. By providing food in different areas, on different days, at different times of day, the organization works to ensure that those who would benefit from additional food can find and receive it in the most convenient manner. Veteran's pantry program: two tuesdays per month, area veterans are invited to a special mobile pantry at church of the palms in sarasota. Veterans say that they are getting so much more than just food: survey results highlight the value of camaraderie and community among the veterans served there. Large-scale food distributions: to make food more accessible - and lower the barriers to participation - all faiths has partnered with organizations such as the baltimore orioles and van wezel performing arts hall to utilize sites where hundreds can be reached during an event of just a few hours, with no pre-registration required. In november and december 14,000 turkeys and holiday meal fixings were distributed to low income, at risk, neighbors. Whoever might be in need - a family facing financial crisis due to an economic downturn, an older adult having a hard time making ends meet on a fixed income, a veteran experiencing challenges after years of brave service, or a child without access to free or reduced-cost meals because school is not in session - our top priority is to feed the hungry.

Form 990, Part III, Line 4B

Childhood hunger children who are hungry struggle to focus - which affects their ability to learn - have more difficulty with short-term memory, may be less social, and are more prone to illness than children from food secure homes. Hunger-related toxic stress can negatively affect brain development and severe hunger can lead to chronic illnesses. All faiths food bank's childhood hunger programs include backpacks filled with food for non-school time and food pantries which provide meals for the entire family. Campaign against summer hunger: when school ends, hunger begins. In an effort to fill the "hunger gap" that occurs when school is out and students lose access to free and reduced meals, all faiths fundraises behind the scenes to compile a six-figure match, implements a community campaign between april 1 and may 15, then uses the funds to provide nutritious food throughout the summer for students and siblings at schools, libraries, youth-serving organizations, churches and other community sites. This is accomplished with contributions from area foundations and generous members of the community and in collaboration with over 317 local partners and programs. Backpack program: provides bags of kid-friendly, healthy food to students on fridays in sarasota and desoto counties. Children at the highest risk of going hungry are identified by parents or school administrators and receive food to take home to eat over the weekends and during holidays. School & family pantry program: onsite pantries that regularly provide fresh produce, meats and groceries to families with children.

Form 990, Part III, Line 4C

Rural hunger desoto county is one of the poorest counties in the state of florida. A community assessment conducted in 2017 disclosed a lack of resources, minimal services and poor coordination. All faith's desoto food and resource center (frc) was founded in 2019 to address those deficiencies and to be the epicenter for needed resources. Newer community assessments conducted in 2021 and 2022 disclosed additional specific needs in the community, including reaching people in remote areas due to the lack of county transportation, the need for nutrition education, the need to expand frc operations to service increased need, and comprehensive individual case work. In late 2023 and into early 2024, all faiths expanded our frc facility to handle the increasing food needs in the county, expanded fleet operations and expanded the number of partners, growing our mobile pantry and child & family programs. We hired more staff to handle the increasing food need in the community. In response to the needs identified in the assessments, all faiths expanded partnerships to deliver food and better reach remote areas, expanded programs for nutrition education and hired case management staff. Spanish speaking staff is key for engaging neighbors to overcome participation hesitancy in these communities. A creole speaking staff member was added in 2024. The desoto frc will continue to be an important focus for all faiths, due to the tremendous and entrenched need in desoto county.

Form 990, Part X, Lines 2(B) and 11(B)

All faiths food bank and its board anticipate using a portion of the organization's unrestricted reserve in fiscal years 2025 & 2026 to purchase food as need increases due to changes in federal and state funding and programs, in addition, this will require investment in expansion of the food bank. Affb is experiencing a significant increase in community need due to anticipated reductions in supplemental nurtrition assistance program (snap) benefits, which will increase food insecurity among our neighbors. The organization plans to draw upon its reserves to: 1. Offset the loss of federal and state food program funding by purchasing replacement food supplies. 2. Increase direct food distribution to meet heightened demand resulting from snap benefit reductions. 3. Sustain program operations without interruption during the transition to new funding resources. 4. Expand facilities and agency capacity. This planned reserve expenditure is consistent with affb's mission and financial policies, which prioritize the prudent use of assets to ensure uninterrupted service to our community during periods of extraordinary need. Additionally, affb maintains a 10 month operating reserve, as required by feeding america.

Part XII, Line 2C

Neither the oversight nor selection process has changed from the prior year.

Schedule M - Number of Donations

The organization calculates donated food in a measurement of weight and receives food donations through retail stores, farmers and a small percentage from food drives. Schedule m, column (b) reflects the number of pounds of food received. The organization values all donated items, except usda donated food, on a per pound basis using the product valuation survey methodology prepared annually by feeding america. In this current fiscal year ending december 31, 2024, the per pound value of food was $1.97. Schedule m, column (c) reflects the estimated value.

Financial Statement Notes

PART X, LINE 2:

Management has evaluated the effect of an accounting standard relating to accounting for uncertainty in income taxes. Management has determined that all faiths had no uncertain income tax positions that could have a significant effect on the financial statements for the year ended december 31, 2024. All faiths federal income tax returns are subject to examination by the internal revenue service, generally for three years after the federal income tax returns were filed.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

In kind fundraising expenses

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Investment expense - $31,261

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Fundraising expense - $74,352

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Investment expense - $107,700

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