BACKPACK WEEKEND FOOD PROGRAM INC

EIN: 471591744 501(c)(3) Food, Agriculture & Nutrition

GASTONIA, NC

Total Revenue
$521,851
Total Expenses
$481,697
Total Assets
$1,152,770
Net Assets
$1,144,287
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NC
Principal Officer
JENNIFER GRANT
Phone
7046893363
Tax Period
2024-07-01 to 2025-06-30

BACKPACK WEEKEND FOOD PROGRAM INC, founded in 2014, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $522K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $482K left a modest 8% surplus.

Mission

THE BACKPACK WEEKEND FOOD PROGRAM, INC. PROVIDES NUTRITIONALLY-BALANCED MEALS ON THE WEEKEND TO STUDENTS IN NEED THROUGH GASTON COUNTY SCHOOLS SO THEY CAN FACE EACH SCHOOL WEEK BETTER NOURISHED, MORE ALERT AND READY TO LEARN.

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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 $506,649
Program Service Revenue $0
Investment Income $33,531
Other Revenue $-18,329
TOTAL REVENUE $521,851

Expense Breakdown

Grants Paid $249,748
Salaries & Benefits $124,412
Fundraising Expenses $0
Program Expenses $381,631
Other Expenses $107,537
TOTAL EXPENSES $481,697

Year-over-Year Comparison

2024 2023 Change
Revenue $521,851 $613,017 -0.1%
Expenses $481,697 $484,005 0.0%
Net Income $40,154 $129,012 -0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
10
Employees
5
Volunteers
515

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
6
$86,950
Total Directors
12
$86,950
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIFER GRANT EXECUTIVE DI 40.00
Officer Director
$32,862 $0 $32,862
LEIGH HASTY SPACH FORMER EXEC 40.00
Officer Director
$54,088 $0 $54,088
GREG DILLS BOARD CHAIR N/A
Officer Director
$0 $0 $0
TRISH GOBLE VICE CHAIR N/A
Officer Director
$0 $0 $0
DAVID ROGERS TREASURER 5.00
Officer Director
$0 $0 $0
ERIN MOREHEAD BAXTER SECRETARY N/A
Officer Director
$0 $0 $0
ANTHONY GALLANT BOARD MEMBER N/A
Director
$0 $0 $0
TERRY STROUPE BOARD MEMBER N/A
Director
$0 $0 $0
MARSHALL WALKER BOARD MEMBER N/A
Director
$0 $0 $0
CHERYL SMYRE BOARD MEMBER N/A
Director
$0 $0 $0
MICHAEL MCMAHAN BOARD MEMBER N/A
Director
$0 $0 $0
VALERIE YATKO BOARD MEMBER N/A
Director
$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
2025 $521,851 $481,697 $1,152,770 $40,154
2024 $613,017 $484,005 $1,088,190 $129,012
2023 $549,383 $447,099 $918,955 $102,284
2022 $499,712 $403,165 $810,413 $96,547
2021 $332,986 $273,127 $779,061 $59,859
2020 $397,326 $368,821 $702,636 $28,505
2019 $440,821 $365,604 $671,565 $75,217
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