Food Bank of Iowa 2011-2012 Annual Report

Our MissionAlleviating hunger through food

distribution, partnership and education.

2220 E. 17th StreetDes Moines, IA 50316

515.564.0330www.foodbankiowa.org

A volunteer packs cans and boxes of food into paper sacks for a single mother, her face

drawn with desperation.

Her young son touches her arm as it cradles one of the sacks on her way out of the food pantry, and he looks up

at her with innocent gratitude and says with a smile,

“Oh good, Mommy. We can eat tonight.”

The Voice of Hunger

– A client at a partner agency in Altoona

Our Service AreaLYON DICKINSON EMMET KOSSUTH WINNEBAGO WORTH

SIOUX O'BRIEN CLAY PALO ALTO HANCOCK CERRO GORDO

PLYMOUTH CHEROKEE BUENA VISTA POCAHONTAS HUMBOLDT WRIGHT

WEBSTER

HAMILTON

FRANKLIN

HARDIN

MONONA CRAWFORD CARROLL GREENE BOONE STORY

POLK JASPERDALLAS

MITCHELL HOWARD WINNESHIEK ALLAMAKEE

BUTLER BREMER

BLACK HAWK

FAYETTE CLAYTON

BUCHANAN DELAWARE DUBUQUE

FLOYD CHICKASAW

GRUNDY

MARSHALL

POWESHIEK

CLINTON

LOUISA

POTTAWATTAMIE CASS ADAIR MADISON MARIONWARREN MAHASKA KEOKUK WASHINGTON

MUSCATINE

JACKSONTAMA BENTON LINN JONES

MILLS MONTGOMERY ADAMS UNION CLARKE LUCAS MONROE WAPELLO JEFFERSON HENRY

DES MOINES

FREMONT PAGE TAYLOR RINGGOLD DECATUR DAVISAPPANOOSEWAYNE

LEE

VAN BUREN

WOODBURY IDA SAC CALHOUN

JOHNSON

CEDAR

SCOTT

GUTHRIEHARRISON SHELBY AUDUBON

OSCEOLA

IOWA

Counties served through our Des Moines distribution center

Counties served through our redistribution organization

A Letter to Our Friends

2011-2012 Board of DirectorsMajor General (ret.) John Tymeson...........................................................................Chair

Tricia Sedivec.................................................................................. Vice Chair, Nationwide

Edwin Allen..........................................................................Treasurer, Top Flight Financial

Donald Sapienza, Ph.D............................................... Secretary, Sapienza Analytica, LLC

Todd Carr................................................................................................................Walmart

Bob Day....................................................................................................................... KCCI

Jerry Fleagle........................................................................................Community at Large

Brandon Lampkin...........................................................................Lomar Distributing, Inc.

Michael Leahey........................................................................Department of the Treasury

Doris Montgomery, MS RD LD......................................Iowa Department of Public Health

Jeff Rommel...............................................................................................Allied Insurance

Mary Swalla Holmes............................................................................Community at Large

Monte Wiese.............................................................................................................Hy-Vee

Honorarium MembersL. Rex Burns Simon Casady 1919-2001 1915-2006

• 1 in 8 Iowans are food insecure

• 1 in 5 children does not have enough to eat

• 408,280 Iowans live at or below the poverty line

Hunger in Iowa

Our VisionA hunger free Iowa.

Dear Friends,

Dedication. It’s what brings and holds us all together. For 29 years, the Food Bank ofIowahaswitnessedfirsthandtheresultsofadedicatedgroupofpeoplecomingtogether for a common cause.

Aswereflectonthispastfiscalyear,wearetrulyinspiredbythestrongcommunitysupport we have experienced to meet the needs of hungry Iowans. From monetary contributions, food drives, events, volunteer time and advocacy, you have continued to extend yourselves to support our mission. As a result, we were able to distribute 8,879,850 pounds of food.

We continued to grow our programs and implement new projects. The Backpack Buddies program served more than 2,000 children at 35 locations in 8 counties, while HUSH (Help Us Stop Hunger) harvested and distributed more than 250,000 pounds of ground venison statewide through Feeding America food banks. In April, seeds were planted on 12 dedicated acres of garden space at the Newton Correctional FacilitybenefitingourfoodbankaspartoftheFreshProduceProject.

Volunteers were vital to our efforts, 987 individuals donated 4,681 hours of their time sorting food donations, packing sacks for Backpack Buddies, participating in special events and assisting with administrative projects. Our visibility through collaborative partnerships on the local, state and national levels continued to grow.

This fall we launched the rebranding of our organization. The Meyocks Group providedprobonoservicestocreateanewlogothatsatisfiedourexisting expectations while simultaneously moving us forward. The result is a two-color mark that illustrates our role in feeding hungry Iowans as well as the link between our organization and all of our partners.

As we mark our 30th year of service, we know that there is still work to be done, hunger is a reality for many in our community. With your continued commitment to the Food Bank of Iowa’s mission, we can reach our vision of a hunger free Iowa.

On behalf of those we serve, thank you.

Executive DirectorChairman, Board of Directors

Our Financial Report FYE June 30, 2012

ExpensesProgram Services..................$1,942,192 Supporting Services...................$57,473Fundraising ............................... $45,753Total......................................$2,045,418

RevenueContributions..........................$1,464,711Handling Fee........................... $415,679USDA Reimbursement ..............$98,212Other Revenue..........................$493,411Total......................................$2,472,013

Liabilities and Net AssetsLiabilitiesAccounts Payable...................................$22,843Accrued Wages and Related Taxes Payable.........................................$49,571Total Liabilities......................................$72,414Net AssetsUnrestricted.......................................$3,465,950Temporarily Restricted..........................$715,859Total Net Assets...............................$4,181,809

Total Liabilities and Net Assets......$4,254,223

AssetsCash.............................................$1,988,200Accounts Receivable.........................$19,151Prepaid Expenses.............................$12,653Accrued Interest Receivable...............$2,328Certifi cates of Deposit..................$1,022,165Land, Building and Equipment (Net of Accumulated Depreciation)..........$1,209,726

Expenses

Program Services – 95%

Supporting Services – 3%

Fundraising – 2%

A member of:

Iowa Food Bank Association

Feeding Iowa

Contributions – 59%

Handling Fee – 17%

USDA Reimbursement – 4%

Other Revenue – 20%

Revenue

Total Assets................................$4,254,223