Civic Intelligence

Farm Share Inc.

990 • Fiscal year 2024 • EIN 65-0342192

Jul 01, 2023 to Jun 30, 2024 • Filed on Feb 04, 2025

14125 SW 320 StHomestead, FL 33033

(305) 245-3276

Siviq Scores

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

Liabilities / Assets

26th percentile

0.09x

Higher debt load relative to assets than 26% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Liabilities / Revenue

5th percentile

0.01x

Higher debt load relative to revenue than 5% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Net Margin

45th percentile

2.8%

Higher net margin than 45% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Top Officer Pay

13th percentile

$213,235

Higher top officer pay than 13% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2024

Asset Growth

94th percentile

38%

Faster asset growth than 94% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Revenue Growth

81st percentile

29%

Faster revenue growth than 81% of similar nonprofits.

2024 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2023 to 2024

Assets

Up

$30,923,471

Up $8,451,101 (+38%) from 2023

Net Assets

Up

$28,282,741

Up $7,160,276 (+34%) from 2023

Liabilities

Up

$2,640,730

Up $1,290,825 (+96%) from 2023

Revenue

Up

$220,790,590

Up $49,961,878 (+29%) from 2023

Expenses

Up

$214,656,754

Up $42,785,147 (+25%) from 2023

Net Income

Up

$6,133,836

Up $7,176,731 (+688%) from 2023

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $3,703,574Liabilities 2010: $4,388Net Assets 2010: $3,699,1862010Assets 2011: $3,847,650Liabilities 2011: $6,576Net Assets 2011: $3,841,0742011Assets 2012: $3,939,553Liabilities 2012: $8,789Net Assets 2012: $3,930,7642012Assets 2013: $7,164,648Liabilities 2013: $305,598Net Assets 2013: $6,859,0502013Assets 2014: $7,247,870Liabilities 2014: $226,502Net Assets 2014: $7,021,3682014Assets 2015: $9,111,032Liabilities 2015: $389,005Net Assets 2015: $8,722,0272015Assets 2016: $9,771,647Liabilities 2016: $381,689Net Assets 2016: $9,389,9582016Assets 2017: $11,507,243Liabilities 2017: $562,867Net Assets 2017: $10,944,3762017Assets 2018: $9,533,490Liabilities 2018: $532,581Net Assets 2018: $9,000,9092018Assets 2019: $18,896,542Liabilities 2019: $450,396Net Assets 2019: $18,446,1462019Assets 2020: $22,634,878Liabilities 2020: $627,155Net Assets 2020: $22,007,7232020Assets 2021: $23,177,441Liabilities 2021: $330,096Net Assets 2021: $22,847,3452021Assets 2022: $21,939,880Liabilities 2022: $320,997Net Assets 2022: $21,618,8832022Assets 2023: $22,472,370Liabilities 2023: $1,349,905Net Assets 2023: $21,122,4652023Assets 2024: $30,923,471Liabilities 2024: $2,640,730Net Assets 2024: $28,282,7412024Assets 2025: $28,038,104Liabilities 2025: $1,843,574Net Assets 2025: $26,194,5302025

Highlighted filing

2024

Assets$30,923,471
Liabilities$2,640,730
Net Assets$28,282,741

Operations Trend

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

$300M$200M$100M$0-$100MExpenses 2010: $29,569,2992010Expenses 2011: $34,469,9042011Expenses 2012: $21,173,8872012Expenses 2013: $31,430,2112013Revenue 2014: $46,438,015Expenses 2014: $46,271,677Net Income 2014: $166,3382014Revenue 2015: $59,512,321Expenses 2015: $57,765,385Net Income 2015: $1,746,9362015Revenue 2016: $75,292,614Expenses 2016: $74,610,658Net Income 2016: $681,9562016Revenue 2017: $96,780,709Expenses 2017: $95,276,794Net Income 2017: $1,503,9152017Revenue 2018: $102,710,405Expenses 2018: $104,516,745Net Income 2018: -$1,806,3402018Revenue 2019: $146,359,552Expenses 2019: $136,967,373Net Income 2019: $9,392,1792019Revenue 2020: $192,963,081Expenses 2020: $189,459,502Net Income 2020: $3,503,5792020Revenue 2021: $219,720,902Expenses 2021: $220,204,176Net Income 2021: -$483,2742021Revenue 2022: $189,909,560Expenses 2022: $189,361,369Net Income 2022: $548,1912022Revenue 2023: $170,828,712Expenses 2023: $171,871,607Net Income 2023: -$1,042,8952023Revenue 2024: $220,790,590Expenses 2024: $214,656,754Net Income 2024: $6,133,8362024Revenue 2025: $199,636,352Expenses 2025: $202,423,403Net Income 2025: -$2,787,0512025

Highlighted filing

2024

Revenue$220,790,590
Expenses$214,656,754
Net Income$6,133,836
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Feb 4, 2025
Return Version
2023v6.0
Gross Receipts
$221,050,122
Mission and Program Overview

Mission

Farm share, inc. (the organization) is floridas largest nonprofit independent food bank serving the state of florida. Farm shares mission is to alleviate hunger and fight poverty by recovering and distributing healthy and nutritious fruits, vegetables, proteins and other non-perishable food products to florida families, children, seniors and individuals in need. Our goal is that no floridian goes hungry and no food goes to waste. Farm share, inc. Accomplishes this by collecting and receiving food and beverages from florida farmers, companies, corporations and other nonprofit organizations, storing them in our warehouses, and then utilizing our fleet of trucks to redistribute the food to local and regional partner food pantries, food agencies, community centers, soup kitchens and nonprofit organizations in order to feed those who are economically challenged and food insecure. Farm share has been serving the state of florida for the past 30 years.

Farm share, inc. Is a 501(c)(3) florida not for profit food bank dedicated to fighting food insecurity in florida.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$6,788,371$10,155,962▲ $3,367,591
Investments in Publicly Traded Securities$8,962,391$9,459,557▲ $497,166
Pledges and Grants Receivable$1,455,094$3,274,435▲ $1,819,341
Land, Buildings, and Equipment, Net$3,360,043$3,018,769▼ $341,274
Cash and Non-Interest-Bearing Accounts$754,820$3,001,946▲ $2,247,126
Prepaid Expenses and Deferred Charges$119,773$107,297▼ $12,476
Total Assets$22,472,370$30,923,471▲ $8,451,101
Other Assets Total$1,031,878$1,905,505▲ $873,627
Liabilities
Other Liabilities$988,031$1,859,263▲ $871,232
Accounts Payable and Accrued Expenses$361,874$781,467▲ $419,593
Total Liabilities$1,349,905$2,640,730▲ $1,290,825
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$21,122,465$28,282,741▲ $7,160,276
Total Net Assets Fund Balance$21,122,465$28,282,741▲ $7,160,276
Total Liabilities and Net Assets / Fund Balance$22,472,370$30,923,471▲ $8,451,101

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$704,098$4,246,031$4,950,129
Equipment$1,251,727$1,239,866$2,491,593
Buildings$1,062,944$572,836$1,635,780
Other Assets Org$-4,176--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen R ShelleyCEOFT$183,600$29,635$213,235
Dennis Maytan JrCOOFT$107,685-$107,685
James ChanceTruck DriverFT$102,000-$102,000

Board Members and Trustees

NameTitle
Charles HartzChairman
Charles PorterBoard Member
Chris CobbBoard Member
Maria a Santoro EsqBoard Member

Highest Paid Contractors

ContractorServicesLocationCompensation
Fleet Trucking Company LLCTransportation5637 MORET DRIVE EAST, Jacksonville, FL 32244$241,013
Shackleton CorpConsulting11274 OLD FEDERAL RD, Quincy, FL 32351$150,000
Montes TruckingMechanic818 NE 15TH STREET, Homestead, FL 33030$138,785
Revenue and Support

Revenue Composition

Contributions and Grants
$220,249,949
Program Service Revenue
$0
Investment Income
$129,547
Other Revenue
$411,094
All Other Contributions
$203,842,467
Change in Net Assets
$6,133,836

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 Inventory96,607,253$202,875,232
Total Noncash Contributions96,607,253$202,875,232

Audited Revenue Reconciliation

Revenue per Audited Statements
$220,790,590
Revenue Not Reported on Form 990
$2,418,490
Total Revenue per Audited Statements
$223,209,080
Total Revenue per Form 990
$220,790,590
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$199,507,641
Other Expenses$9,658,493
Salaries, Compensation, and Employee Benefits$5,490,620
Total Fundraising Expense$510,930
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$199,507,641--$199,507,641
Other Salaries and Wages$3,792,052$71,979$163,780$4,027,811
All Other Expenses$977,581$4,339$263,408$1,245,328
Other Employee Benefits$802,424$14,145$32,185$848,754
Occupancy$717,664$14,646-$732,310
Other Expenses$695,877$24-$695,877
Depreciation Depletion$671,178$13,697-$684,875
Payroll Taxes$305,152$5,379$12,239$322,770
Insurance$314,668$6,422-$321,090
Fees for Services Other$218,146$40,150$39,230$297,526
Current Officers, Directors, Trustees, and Key Employees$291,285--$291,285
Fees for Services Legal-$175,000-$175,000
Office Expenses$31,444$642-$32,086
Conferences and Meetings$775-$88$863
Total Functional Expenses$213,799,401$346,423$510,930$214,656,754

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$216,048,804
Expenses per Audited Statements$214,656,754
Total Expenses per Form 990$214,656,754
Expenses Not Reported on Form 990$1,392,050
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$187,830
Fundraising Direct Expenses$111,746
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Castronovo50/50$187,830$187,830$17,581$170,249
Total Events$187,830$187,830$111,746$76,084
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Former CEOSee BelowNo$150,000
-Former MemberSee BelowNo$28,000
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Right of Use Operating Lease Liabili$1,859,263
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
Yes
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, Page 6, Part VI, Line 11B

Form 990 will be reviewed by the organizations executive committee before filing.

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

In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the board.

Form 990, Page 6, Part VI, Line 15A

The process of determining the compensation of the top management official includes review and approval by independent persons. Compensation levels are compared to the average compensation of similiar sized organizations. The process of determining the compensation of the key employees includes review and approval by independent persons. Compensation levels are compared to the average compensation of similiar sized organizations.

Form 990, Page 6, Part VI, Line 15B

The process of determining the compensation of the top management official includes review and approval by independent persons. Compensation levels are compared to the average compensation of similiar sized organizations. The process of determining the compensation of the key employees includes review and approval by independent persons. Compensation levels are compared to the average compensation of similiar sized organizations.

Form 990, Page 6, Part VI, Line 19

The documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Farm Share Inc
EIN
65-0342192
Phone
3052453276
Address
14125 SW 320 ST, HOMESTEAD, FL 33033

Signing Officer

Name
Stephen R Shelley
Title
CEO
Phone
3052453276
Signed
2025-02-04

Organization Details

Principal Officer
Stephen R Shelley
Formed
1992
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
132
Volunteers
41,989

Preparer

Firm
Garcia Santa Maria De Armas Trujillo
Address
135 SAN LORENZO AVE STE 660, CORAL GABLES, FL 33146
Preparer
Pedro De Armas
Phone
3054480404
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Farm share, inc. (the organization) is floridas largest nonprofit independent food bank serving the state of florida. Farm shares mission is to alleviate hunger and fight poverty by recovering and distributing healthy and nutritious fruits, vegetables, proteins and other non-perishable food products to florida families, children, seniors and individuals in need. Our goal is that no floridian goes hungry and no food goes to waste. Farm share, inc. Accomplishes this by collecting and receiving food and beverages from florida farmers, companies, corporations and other nonprofit organizations, storing them in our warehouses, and then utilizing our fleet of trucks to redistribute the food to local and regional partner food pantries, food agencies, community centers, soup kitchens and nonprofit organizations in order to feed those who are economically challenged and food insecure. Farm share has been serving the state of florida for the past 30 years.

Form 990, Page 2, Part III, Line 4A

Farm share, inc. (the "organization") is a non-profit organization and was incorporated under the laws of the state of florida on july 8, 1992 as a 501c3 corporation that is tax-exempt under the provision of the internal revenue code. The organizations mission is to alleviate hunger and fight poverty by recovering and distributing healthy and nutritious fruits, vegetables, proteins and other non-perishable food to florida families, children, seniors and individuals in need. Our goal is that no floridian goes hungry and no food goes to waste. Farm share recovers and distributes more than 100 million pounds of food annually throughout the state of florida utilizing its network of nearly 2,000 partner agencies and fleet of semi-trucks and refrigerated box trucks. This is the equivalent of more than 83 million meals. Approximately 90% of farm shares food is distributed through its partner agency network. Farm share also holds more than 800 annual direct community food distribution events that focus on distributing healthy and nutritious food to food desert communities statewide. Farm share accomplishes all of this while managing to keep its administrative costs at less than 1% of the value of all donations received annually. In addition to the more than 100 million pounds of food that passes through its warehouses each year, farm share also helps generate on average more than 10 million pounds of non-perishable food products as a result of its partnership with the national association of letter carriers. Farm share helps to logistically plan, coordinate, market and promote this one day food drive that generates millions of pounds of food that is collected and distributed locally by partner agencies. Farm share is the statewide leader in acquiring and distributing healthy and nutritious fresh fruits and vegetables to persons in need. Thanks to our great relationships and partnerships with floridas farmers we are able to recover over 18 - 25 million pounds of fruits and vegetables each year that would otherwise not make it to market and be thrown away. This is a win/win for the farmers, hungry floridians and the environment. Farm share also distributes all of its fruits, vegetables, canned goods and proteins free of charge to both its partner agencies and individuals and families in need. Other food banks charge a shared maintenance fee and/or delivery fee as a condition of receiving their food. These costs can make it impossible for local soup kitchens, food pantries, church organizations and others to acquire this food to feed their communities. This especially affects those agencies serving the poorest communities that are in the most need. By not charging any fees, farm share is able to make sure these communities continue to be fed and have access to life sustaining food. Lastly, farm share is also a leader in disaster relief operations.during times of natural or man-made disasters, farm share is a first responder organization that provides immediate food, water and other disaster supplies to the affected communities. During hurricane irma and michael farm share provided more than 1.8 and 2.1 million pounds of these supplies within the first 10- 13 days after landfall. During the covid-19 pandemic, farm share distributed more than 4 million pounds of food weekly during the pandemics peak and more than 135 million pounds of food during the 12 months from march 2020 to march 2021. Most recently farm share provided life sustaining food, water and disaster relief supplies to communities affected by hurricane ian and hurricane idalia with semi-trucks of aid making distributions the day after each storm made landfall. Due to the nature of the organizations food banking activities, a large portion of its revenue and expenses result from contributed food & other goods and their subsequent distribution. Contributed food & goods on-hand at the end of the fiscal year are held as inventory. Depending on the timing of these contributions an

Financial Statement Notes

Schedule D, Page 3, Part X

The organization has adopted the provisions of asc no 740, "accounting for uncertainty in income taxes" ("asc no 740"). Asc 740 required that the impact of tax positions to be recognized in the financial statements if they are more likely than not of being sustained upon examination. Accordingly, no provision for income taxes is made in the financial statements. At 6/30/24, there were no uncertain tax positions. The organization files tax returns with us federal and other tax authorities for which statue limitations may go back to the year ended 2021.

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IRS990/Desc0FARM SHARE, INC. (THE "ORGANIZATION") IS A NON-PROFIT ORGANIZATION AND WAS INCORPORATED UNDER THE LAWS OF THE STATE OF FLORIDA ON JULY 8, 1992 AS A 501C3 CORPORATION THAT IS TAX-EXEMPT UNDER THE PROVISION OF THE INTERNAL REVENUE CODE. THE ORGANIZATIONS MISSION IS TO ALLEVIATE HUNGER AND FIGHT POVERTY BY RECOVERING AND DISTRIBUTING HEALTHY AND NUTRITIOUS FRUITS, VEGETABLES, PROTEINS AND OTHER NON-PERISHABLE FOOD TO FLORIDA FAMILIES, CHILDREN, SENIORS AND INDIVIDUALS IN NEED. OUR GOAL IS THAT NO FLORIDIAN GOES HUNGRY AND NO FOOD GOES TO WASTE. FARM SHARE RECOVERS AND DISTRIBUTES MORE THAN 100 MILLION POUNDS OF FOOD ANNUALLY THROUGHOUT THE STATE OF FLORIDA UTILIZING ITS NETWORK OF NEARLY 2,000 PARTNER AGENCIES AND FLEET OF SEMI-TRUCKS AND REFRIGERATED BOX TRUCKS. THIS IS THE EQUIVALENT OF MORE THAN 83 MILLION MEALS. APPROXIMATELY 90% OF FARM SHARES FOOD IS DISTRIBUTED THROUGH ITS PARTNER AGENCY NETWORK. FARM SHARE ALSO HOLDS MORE THAN 800 ANNUAL DIRECT COMMUNITY FOOD DISTRIBUTION EVENTS THAT FOCUS ON DISTRIBUTING HEALTHY AND NUTRITIOUS FOOD TO FOOD DESERT COMMUNITIES STATEWIDE. FARM SHARE ACCOMPLISHES ALL OF THIS WHILE MANAGING TO KEEP ITS ADMINISTRATIVE COSTS AT LESS THAN 1% OF THE VALUE OF ALL DONATIONS RECEIVED ANNUALLY. IN ADDITION TO THE MORE THAN 100 MILLION POUNDS OF FOOD THAT PASSES THROUGH ITS WAREHOUSES EACH YEAR, FARM SHARE ALSO HELPS GENERATE ON AVERAGE MORE THAN 10 MILLION POUNDS OF NON-PERISHABLE FOOD PRODUCTS AS A RESULT OF ITS PARTNERSHIP WITH THE NATIONAL ASSOCIATION OF LETTER CARRIERS. FARM SHARE HELPS TO LOGISTICALLY PLAN, COORDINATE, MARKET AND PROMOTE THIS ONE DAY FOOD DRIVE THAT GENERATES MILLIONS OF POUNDS OF FOOD THAT IS COLLECTED AND DISTRIBUTED LOCALLY BY PARTNER AGENCIES. FARM SHARE IS THE STATEWIDE LEADER IN ACQUIRING AND DISTRIBUTING HEALTHY AND NUTRITIOUS FRESH FRUITS AND VEGETABLES TO PERSONS IN NEED. THANKS TO OUR GREAT RELATIONSHIPS AND PARTNERSHIPS WITH FLORIDAS FARMERS WE ARE ABLE TO RECOVER OVER 18 - 25 MILLION POUNDS OF FRUITS AND VEGETABLES EACH YEAR THAT WOULD OTHERWISE NOT MAKE IT TO MARKET AND BE THROWN AWAY. THIS IS A WIN/WIN FOR THE FARMERS, HUNGRY FLORIDIANS AND THE ENVIRONMENT. FARM SHARE ALSO DISTRIBUTES ALL OF ITS FRUITS, VEGETABLES, CANNED GOODS AND PROTEINS FREE OF CHARGE TO BOTH ITS PARTNER AGENCIES AND INDIVIDUALS AND FAMILIES IN NEED. OTHER FOOD BANKS CHARGE A SHARED MAINTENANCE FEE AND/OR DELIVERY FEE AS A CONDITION OF RECEIVING THEIR FOOD. THESE COSTS CAN MAKE IT IMPOSSIBLE FOR LOCAL SOUP KITCHENS, FOOD PANTRIES, CHURCH ORGANIZATIONS AND OTHERS TO ACQUIRE THIS FOOD TO FEED THEIR COMMUNITIES. THIS ESPECIALLY AFFECTS THOSE AGENCIES SERVING THE POOREST COMMUNITIES THAT ARE IN THE MOST NEED. BY NOT CHARGING ANY FEES, FARM SHARE IS ABLE TO MAKE SURE THESE COMMUNITIES CONTINUE TO BE FED AND HAVE ACCESS TO LIFE SUSTAINING FOOD. LASTLY, FARM SHARE IS ALSO A LEADER IN DISASTER RELIEF OPERATIONS.DURING TIMES OF NATURAL OR MAN-MADE DISASTERS, FARM SHARE IS A FIRST RESPONDER ORGANIZATION THAT PROVIDES IMMEDIATE FOOD, WATER AND OTHER DISASTER SUPPLIES TO THE AFFECTED COMMUNITIES. DURING HURRICANE IRMA AND MICHAEL FARM SHARE PROVIDED MORE THAN 1.8 AND 2.1 MILLION POUNDS OF THESE SUPPLIES WITHIN THE FIRST 10- 13 DAYS AFTER LANDFALL. DURING THE COVID-19 PANDEMIC, FARM SHARE DISTRIBUTED MORE THAN 4 MILLION POUNDS OF FOOD WEEKLY DURING THE PANDEMICS PEAK AND MORE THAN 135 MILLION POUNDS OF FOOD DURING THE 12 MONTHS FROM MARCH 2020 TO MARCH 2021. MOST RECENTLY FARM SHARE PROVIDED LIFE SUSTAINING FOOD, WATER AND DISASTER RELIEF SUPPLIES TO COMMUNITIES AFFECTED BY HURRICANE IAN AND HURRICANE IDALIA WITH SEMI-TRUCKS OF AID MAKING DISTRIBUTIONS THE DAY AFTER EACH STORM MADE LANDFALL. DUE TO THE NATURE OF THE ORGANIZATIONS FOOD BANKING ACTIVITIES, A LARGE PORTION OF ITS REVENUE AND EXPENSES RESULT FROM CONTRIBUTED FOOD & OTHER GOODS AND THEIR SUBSEQUENT DISTRIBUTION. CONTRIBUTED FOOD & GOODS ON-HAND AT THE END OF THE FISCAL YEAR ARE HELD AS INVENTORY. DEPENDING ON THE TIMING OF THESE CONTRIBUTIONS AN
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IRS990/MissionDesc0FARM SHARE, INC. (THE ORGANIZATION) IS FLORIDAS LARGEST NONPROFIT INDEPENDENT FOOD BANK SERVING THE STATE OF FLORIDA. FARM SHARES MISSION IS TO ALLEVIATE HUNGER AND FIGHT POVERTY BY RECOVERING AND DISTRIBUTING HEALTHY AND NUTRITIOUS FRUITS, VEGETABLES, PROTEINS AND OTHER NON-PERISHABLE FOOD PRODUCTS TO FLORIDA FAMILIES, CHILDREN, SENIORS AND INDIVIDUALS IN NEED. OUR GOAL IS THAT NO FLORIDIAN GOES HUNGRY AND NO FOOD GOES TO WASTE. FARM SHARE, INC. ACCOMPLISHES THIS BY COLLECTING AND RECEIVING FOOD AND BEVERAGES FROM FLORIDA FARMERS, COMPANIES, CORPORATIONS AND OTHER NONPROFIT ORGANIZATIONS, STORING THEM IN OUR WAREHOUSES, AND THEN UTILIZING OUR FLEET OF TRUCKS TO REDISTRIBUTE THE FOOD TO LOCAL AND REGIONAL PARTNER FOOD PANTRIES, FOOD AGENCIES, COMMUNITY CENTERS, SOUP KITCHENS AND NONPROFIT ORGANIZATIONS IN ORDER TO FEED THOSE WHO ARE ECONOMICALLY CHALLENGED AND FOOD INSECURE. FARM SHARE HAS BEEN SERVING THE STATE OF FLORIDA FOR THE PAST 30 YEARS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 6/30/24, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2021.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt01905505
IRS990ScheduleD/TotalExpensesPerForm990Amt0214656754
IRS990ScheduleD/TotalLiabilityAmt01859263
IRS990ScheduleD/TotalRevenuePerForm990Amt0220790590
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0223209080
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0216048804
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt094165
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt094165

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$28.0$1.84$26.2$200$202$2.79
2024Detailed filing. Detailed filing data is available for this year.$30.9$2.64$28.3$221$215$6.13
2023Detailed filing. Detailed filing data is available for this year.$22.5$1.35$21.1$171$172$1.04
2022Detailed filing. Detailed filing data is available for this year.$21.9$0.32$21.6$190$189$0.55
2021Detailed filing. Detailed filing data is available for this year.$23.2$0.33$22.8$220$220$0.48
2020Detailed filing. Detailed filing data is available for this year.$22.6$0.63$22.0$193$189$3.50
2019Detailed filing. Detailed filing data is available for this year.$18.9$0.45$18.4$146$137$9.39
2018Detailed filing. Detailed filing data is available for this year.$9.53$0.53$9.00$103$105$1.81
2017Detailed filing. Detailed filing data is available for this year.$11.5$0.56$10.9$96.8$95.3$1.50
2016Detailed filing. Detailed filing data is available for this year.$9.77$0.38$9.39$75.3$74.6$0.68
2015Detailed filing. Detailed filing data is available for this year.$9.11$0.39$8.72$59.5$57.8$1.75
2014Summary only. Only limited summary data is available for this year.$7.25$0.23$7.02$46.4$46.3$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.16$0.31$6.86$31.4
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.94$0.01$3.93$21.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.85$0.01$3.84$34.5
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.70$0.00$3.70$29.6