Greater Cleveland Food Bank Annual Report FY2014

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COVER

Greater Cleveland Food Bank 2014 Annual Report


CURRENT BOARD OF DIRECTORS BOARD CHAIR Shirley Stineman Northeast Ohio Media Group SECRETARY Darnell Brown City of Cleveland

DIRECTORS Patricia A. Ackerman ChalkDust Education Foundation

John R. Corlett The Center for Community Solutions

Lou Keim The Centers for Families and Children

John Cymanski Heinen’s, Inc.

Kristin Kirkpatrick Cleveland Clinic

Kristen Baird Adams PNC

M. Gayle Doucette

Richard Maxfield Cargill Deicing Technology

TREASURER

Micki Byrnes WKYC-TV3

Joan U. Allgood Joan U. Allgood Co., LPA

Loren Chylla The Adcom Group, Inc.

VICE CHAIR Carrie Carpenter Citizens Bank

Reverend Jawanza Colvin Olivet Institutional Baptist Church

VICE CHAIR Anthony Rego Giant Eagle, Inc.

William H. Coquillette

James L. Francis Anita Gray Anti-Defamation League Wayne Hill The University of Akron Amy Kaplan Jewish Federation of Cleveland

Cynthia MooreHardy Lake Health Nick Orlando, Jr. Orlando Baking Company Jim Patterson Patterson Fruit Farms

John Sauerland Progressive Felton Thomas Cleveland Public Library Ann Weinzimmer Eaton Corp. Doug Yost Walmart, Inc. - Listed as of March 31, 2015


Bridging the Meal Gap in Our Community Last year was a year of transition for the Greater Cleveland Food Bank, and it was also a year of tremendous growth. We are grateful for the collective generosity of our community which enables us – the Greater Cleveland Food Bank – to serve our neighbors in need year after year.

and government entities, enabling us to provide access to 45 million meals last year!

A lot happened last year. Anne Goodman, our president & CEO for the past 15 years, made the decision to move on last summer. She is now serving as President and CEO of the Saint Luke’s Foundation, one of our most generous donors. Many of our most significant accomplishments were made under her watch, and we will always be grateful to Anne for her leadership.

And, we released the results of Hunger in America, the largest national study to date. The data was clear: hunger is a symptom of another crisis - a lost job, health problem, or other setbacks. Many must make the difficult choice between food and medicine or food and utilities. By supporting the Food Bank, you are making a difference in hundreds of thousands of lives. Visit any of the 800 pantries, hot meal sites, children or seniors programs and you’ll hear stories of people who are so grateful for your help.

We also opened our new Cargill Cold Storage Center, more than doubling our capacity to store and distribute perishable items including fresh fruits and vegetables. During the summer months, we had record-breaking distributions, topping over four million pounds in both August and September. This continued growth was possible through partnerships with individuals, businesses, community organizations

Yet, hunger is a reality in our community and there is more work to be done. We know there is a significant gap between available food and those who need it. In the coming year, we will embark on a new strategic planning process. We look forward to sharing the results of our plans. Together, we are bridging the meal gap in our community, with a goal of ensuring that everyone has the nutritious food they need every day.

Shirley Stineman Board Chair

Kristin Warzocha President & CEO


Helping Families in Need Amanda and Charles found out about their neighborhood pantry, Middlefield Pantry, through one of their neighbors. Both work but they struggle to make ends meet.

"This pantry helps us put food on the table." Amanda is pregnant and due in five weeks. They’re going to have a daughter, Alexandria. They also have a 14-monthold, Anthony, who’s here with them today. "We want to eat healthy, but lately on a tight budget, it’s been a lot of Hamburger Helper," Amanda admits. At the pantry, they are excited to get some

fresh food today. Amanda knows how important it is for her family to have healthy food to put on the table. "I’m so glad we can get fresh produce. It can be so expensive, but so much better." Right now Charles works the late 4 p.m. to 1 a.m. shift, which is tough, but he’s thrilled to have a job. Even though they may skimp on food for themselves, they make sure little Tony’s meals are healthy – he likes vegetables. Thousands of families like Amanda and Charles struggle to eat but thanks to the generosity of donors like you, we can provide nutritious meals and hope.


Pictured: Amanda, Tony, and Charles at Middlefield Pantry



OUR MISSION Working together to ensure that everyone has the nutritious food they need every day.


Thank you! Here’s a look at how your generosity impacted our community in FY2014.



More than

45

MILLION MEALS were made possible in FY2014.

75%

of the food we provided was highly nutritious food, such as whole grains, fruits, and vegetables.

12,494 APPLICATIONS to the SNAP (formerly food stamps) program were submitted providing

11.6

MILLION MEALS



40,676,107

POUNDS

of food were distributed to over 800 member programs throughout our six county territory.

More than

14,000 & 30,000

VOLUNTEERS

FOOD AND FINANCIAL DONORS made contributions to our mission.

R


LAKE

GEAUGA CUYAHOGA

ASHLAND

RICHLAND

ASHTABULA



15,667,387

pounds of fresh fruits & vegetables

made it to the tables of struggling Northeast Ohioans.

Our Cargill Cold Storage Center opened in July. The added freezer & cooler space and cold temperature dock more than doubles our capacity to store fresh fruits, vegetables, and other perishable foods.

12,851 LOCAL KIDS

were served through our Children’s Nutrition Initiative a 55% increase from FY2013.


STATEMENT OF ACTIVITIES & CHANGES IN NET ASSETS YEAR ENDED SEPTEMBER 30, 2014 FOOD PROGRAMS REVENUE VALUE OF FOOD RECEIVED Value of Food Donated

$30,227,552

Value of USDA and OFPP Food Received

19,029,799

49,257,351

FOOD REVENUE Purchased Food Program 3,025,201 Total Food Programs Revenue

52,282,552

OPERATING REVENUE Member Agency Handling Fees

2,689,116

Federal and State Government Reimbursements

2,355,097

and Admin Fees Contributions and Grants 11,879,306 Other Total Operating Revenue Total Revenue from Food Programs and Operations

204,100 17,127,619

$69,410,171

FOOD PROGRAMS EXPENSE VALUE OF FOOD DISTRIBUTED Value of Donated Food Distributed including scrap

$28,676,100

Value of USDA and OFPP Food Distributed including scrap

19,212,108

47,888,208

FOOD COST OF GOODS SOLD Purchased Food Program including scrap

2,877,230

Allocation of Harvest for Hunger Grants/Food

2,126,065

Total Food Programs Expenses

$52,891,503


OPERATING EXPENSES PROGRAM EXPENSES Operations $7,591,586 Cleveland Foodbank Kitchen

1,869,974

Community and Government Programming

1,344,923

Total Program Expenses

10,806,483

SUPPORT SERVICES Fundraising 2,199,597 Volunteer Services & Product Resource Development

246,070

Administration 1,258,444 Total Support Services 3,704,111 Total Operating Expenses

$14,510,594

Total Food Program and Operating Expenses

$67,402,097

Change from Operations 2,008,074 OTHER REVENUE Cold Storage expansion contributions

1,387,975

Income and Gain (loss) from investments

400,265

Total Other Revenue 1,788,240 Change in Net Assets

$3,796,314

Net Assets, Beginning of Year

$15,787,402

Net Assets, End of Year

$19,583,716

The Statement of Activities and Changes in Net Assets reflects activity from October 1, 2013 through September 30, 2014. The complete audited financials from October 1, 2013 trhough September 30, 2014 are available for review by calling the Greater Cleveland Food Bank at 216.738.2052.


STATEMENT OF FINANCIAL POSITION AS OF SEPTEMBER 30, 2014 ASSETS CURRENT ASSETS Cash and Cash Equivalents $136,785 Investments, at Fair Value 4,377,591 RECEIVABLES Agency Receivables, Net

441,109

Government administrative fees/reimbursements

356,715

Operating Pledges, net

508,121

Current Portion of cold storage expansion pledges

139,092 1,445,037

INVENTORY Contributed Product 3,557,576 Purchased Product

693,813

USDA Product 1,070,501 Ohio Food Purchase Program Product

387,924

Cleveland Foodbank Kitchen Purchased Food

53,679

5,763,493 Prepaid Expenses and Other Deposits

22,479

Total Current Assets 11,745,385 Property and Equipment, Net

10,003,023

OTHER ASSETS Cash, Board Restricted for Endowment

283,690

Investments held as Endowment

993,548

Cold Storage Expansion pledges, net of current portion

106,250

Capitalized software, net

292,458

Deposits

2,816

TOTAL ASSETS

$23,427,170


LIABILITIES AND NET ASSETS CURRENT LIABILITIES Accounts Payable - operating

$1,069,160

Accrued Expenses

614,408

Line of Credit

400000

Harvest for Hunger credits

1,634,108

Agency Grant commitments

44,778

Deferred Revenue

81,000

Total Current Liabilities 3,843,454 Total Liabilities 3,843,454 NET ASSETS Unrestricted 7,231,619 Net Investment in plant & equipment

10,295,481

Total Undesignated 17,527,100 Board Designated for endowment

1,235,385

Total Unrestricted

18,762,485

NET ASSETS - TEMPORARILY RESTRICTED Cold Storage expansion

245,342

Other

543,089

Total Temporarily Restricted

788,431

Permanently Restricted - Endowment

32,800

Total Net Assets 19,583,716 Total Liabilities and Net Assets

$23,427,170

This Balance Sheet is as of September 30, 2014 . The complete set of audited financial statements as of September 30, 2014 are available for review by calling the Greater Cleveland Food Bank at 216.738.2052.


FY2014 OPERATING REVENUE Member Agency Handling Fees

$2,689,116

13.3%

Purchased Food Program Revenue

$3,025,201

15.0%

Contributions and Grants*

$11,879,306

58.9%

Government Reimbursements & Admin Fees

$2,355,097

11.7%

$204,100

1.0%

$20,152,820

100.0%

All Other TOTAL

*Includes $602,962 estate gifts board-restricted to endowment.

FY2014 OPERATING EXPENSES Programs

$10,806,483

55.4%

Purchased Food Program Cost of Goods Sold

$2,877,230

14.7%

Harvest for Hunger Food & Grants

$2,126,065

10.9%

Administrative Costs

$1,258,444

6.4%

Fundraising

$2,199,597

11.3%

$246,070

1.3%

$19,513,889

100.0%

Volunteer Services & Product Resource Development TOTAL




Thank you for helping us strengthen our community in 2014! Monetary Donors Monetary - Monthly Donors Monetary - United Way and Fed Campaign Tomorrow’s Harvest Tributes & Bequests Capital Donors 100 Plus Volunteers Hours Volunteer Groups Food Donors Food Drives Staff


216.738.2265 GreaterClevelandFoodBank.org

15500 South Waterloo Rd. Cleveland, OH 44110

The Greater Cleveland Food Bank works to ensure that everyone in our communities has the nutritious food they need every day.

Member of:

Local coordinator:


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