LOWVILLE FOOD PANTRY INC

EIN: 453122327 501(c)(3) Food, Agriculture & Nutrition

LOWVILLE, NY

Total Revenue
$362,987
Total Expenses
$142,903
Total Assets
$887,780
Net Assets
$887,780
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Principal Officer
MICHAEL HANNO
Phone
3153767431
Tax Period
2024-01-01 to 2024-12-31

LOWVILLE FOOD PANTRY INC, founded in 2011, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $363K in total revenue in fiscal year 2024. Revenue surged 92% from the prior year, signaling strong growth momentum. The organization ran a surplus of $220K, a strong 61% operating margin.

Mission

THE PURPOSE OF THE LOWVILLE FOOD PANTRY INC IS TO MEET THE EMERGENCY FOOD NEEDS OF INDIVIDUALS AND FAMILIES HAVING A FOOD HARDSHIP AND TO AID DURING NATURAL AND MAN-MADE EMERGENCIES. THE PANTRY PROVIDES FOOD, HOUSEHOLD AND PERSONAL CARE ITEMS, AND BABY NECESSITIES TO ALL WHO KNOCK ON THE DOOR WITH A NEED REGARDLESS OF AGE, SEX, RACE, CREED, COLOR, POLITICAL, RELIGIOUS OR SEXUAL PREFENCE IN THE MOST UNDERSTANDING AND SYMPATHETIC MANNER, RECOGNIZING THE DIGNITY AND EQUALITY IN EACH. THE CHRISTMAS SHARING AND SANTA FOR SENIORS PROGRAM PROVIDES HOLIDAY ASSISTANCE CONSISTING OF FOOD, GIFTS, AND CLOTHING. THE LOWVILLE FOOD PANTRY PROVIDES COOPERATIVE FOOD BUYING SERVICES THROUGH THE FOOD BANK OF CNY OF THE FOOD SENSE PROGRAM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $340,362
Program Service Revenue $22,625
Investment Income $0
Other Revenue $0
TOTAL REVENUE $362,987

Expense Breakdown

Grants Paid $60,003
Salaries & Benefits $0
Fundraising Expenses $1,749
Program Expenses $132,045
Other Expenses $82,900
TOTAL EXPENSES $142,903

Year-over-Year Comparison

2024 2023 Change
Revenue $362,987 $188,919 +0.9%
Expenses $142,903 $151,304 -0.1%
Net Income $220,084 $37,615 +4.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
28

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT ADAMS BOARD MEMBER 1.00
Director
$0 $0 $0
SARA BOOKER BOARD MEMBER 1.00
Director
$0 $0 $0
SUE BURNHAM BOARD MEMBER 1.00
Director
$0 $0 $0
MARGARET EVERSON BOARD MEMBER 1.00
Director
$0 $0 $0
BRUCE HANNO BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL HANNO PRESIDENT 5.00
Officer Director
$0 $0 $0
JUDY KARELUS SECRETARY 1.00
Officer Director
$0 $0 $0
LINDA KLOSTER BOARD MEMBER 1.00
Director
$0 $0 $0
KATHIE WATSON TREASURER 1.00
Officer Director
$0 $0 $0
ELIZABETH WOODS BOARD MEMBER 1.00
Director
$0 $0 $0
VICKI MEYER VICE PRESIDE 5.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $362,987 $142,903 $887,780 $220,084
2023 $188,919 $151,304 $667,696 $37,615
2022 $224,831 $167,515 $629,743 $57,316
2021 $335,355 $188,632 $572,427 $146,723
2020 $366,859 $141,378 $425,704 $225,481
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