Overview

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Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Franklin Township Food Bank, identified by EIN 22-2406472, is dedicated to addressing food security and supporting various human services within its local community. With an operating budget of $9.7 million and total revenue of $10.4 million for the 2024 filing year, the organization operates without reliance on a single funder for 50% or more of its revenue. Its mission emphasizes serving the food needs of the community with dignity and respect, while also engaging in initiatives such as foreclosure prevention, single parent support, and youth mentoring. More information can be found on their website at www.franklinfoodbank.org.

Mission Statement

The mission of the Franklin Food Bank is to serve the food needs of our local community in an atmosphere of dignity and respect.
Revenues
$10.4M
Expenses
$9.7M
Net Income:
+$718.3K
Assets
$3.2M
Liabilities
$287.9K
Net Assets:
+$2.9M
Operating Budget
$9.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
13
Median grant size
$14.9K
Largest grant received
$1M
D
Derek J Smith
Board Member
M
Melinda Posipanko
Board Member
S
Sonja Asante
Board Member

Frequently Asked Questions

What is FRANKLIN TOWNSHIP FOOD BANK’s budget?
In 2024, FRANKLIN TOWNSHIP FOOD BANK reported an annual operating budget of around $9.7 million. More detailed financial information is available to registered users.
What causes does FRANKLIN TOWNSHIP FOOD BANK support?
FRANKLIN TOWNSHIP FOOD BANK supports work in Food security, Community service, Foreclosure prevention, Housing loss prevention, Food banks, Single parent support, Human services information, Human services management, Community service for youth, and Youth mentoring.
Where does FRANKLIN TOWNSHIP FOOD BANK operate?
FRANKLIN TOWNSHIP FOOD BANK is headquartered in SOMERSET, NJ.
Who funded FRANKLIN TOWNSHIP FOOD BANK recently?
In 2025, FRANKLIN TOWNSHIP FOOD BANK received grants from COMMUNITY FOOD BANK OF NEW JERSEY INC, AMERICAN ONLINE GIVING FOUNDATION INC, and CHARITIES AID FOUNDATION AMERICA. More information on this organization’s funders is available to registered users.
What is the largest grant FRANKLIN TOWNSHIP FOOD BANK received in 2024?
The largest grant to FRANKLIN TOWNSHIP FOOD BANK in 2024 exceeds $1 million.
What is FRANKLIN TOWNSHIP FOOD BANK’s reliance on government grants?
FRANKLIN TOWNSHIP FOOD BANK relied on government grants for less than 5% of their total revenue in 2024.