Since 1994 Feednc has been a place of acceptance and compassion. Our mission is to provide nourishing meals, fellowship and encouragement to those in need. We receive no government funds and depend 100% on community support. Without government restrictions, we offer our services to anyone in need with no minimum or maximum requirements. We are a family and not an agency, where everyone is welcome. At the kitchen, we serve breakfast and lunch to around 150 neighbors each day. Our philosophy of acceptance and encouragement extends into our community feeding programs. These programs, throughout iredell county, serve our veterans, seniors, children and the working poor. Through our many programs, we provided over 75,000 meals in 2023. We also provide emergency food boxes for those in crisis and other resources to help them move beyond the crisis.

501(c)(3) charity; gifts are tax-deductible.
84¢ of each $1 spent went to programs.
$128K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $1.6M a year · 36% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$128K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
7 mo
of spending, in cash
Looks good: 7.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $40K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2.6M
22% of total assets
Looks good: liabilities are 22% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$5.1M
-22% vs prior year
Spent
$4.5M
To programs
84%
Net assets
$9.1M
By yearFY2020–FY2024
Revenue
$5.1M
FY2023▼ -22%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.1M
FY2021$5.1M
FY2022$6.5M
FY2023$5.1M
FY2024$3.0M
Expenses
$4.5M
FY2023▲ +72%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.3M
FY2021$2.6M
FY2022$2.6M
FY2023$4.5M
FY2024$2.5M
Net assets
$9.1M
FY2023▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.1M
FY2021$4.6M
FY2022$8.5M
FY2023$9.1M
FY2024$10.0M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1996.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $3.8M Management & general 13% · $601K Fundraising 3% · $139K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

17 people listed on the 990; $128K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$128,300Pt VII · Sec A
Chair/Director
$0Pt VII · Sec A
Treasurer/Director
$0Pt VII · Sec A
Vice-Chair/Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Lara Ingram’s $68K as Executive Director is at the 21st percentile of top reported officer pay among 818 $1–10M food & agriculture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023
Lara Ingram$67,898$128,300

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Feeds people nourishing meals and offers fellowship and encouragement.

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Provided by the organization

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1 program · $3.8M · in their own filed words · FY2023
01

Soup kitchen, service of meals.

$3.8Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 2 funders$40K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$5.1M
Ln 12
Gifts and grantsLn 1h$4.8M
Investment incomeLn 3$314K
Money outPt IX
$4.5M
Ln 25
Programscol B$3.8M
Managementcol C$601K
Fundraisingcol D$139K
Owns and owesPt X
$9.1M
net assets · Ln 32
Cash and savingsLn 1–2$2.6M
Total assetsLn 16$11.7M
LiabilitiesLn 26$2.6M
PeoplePt VI, VII
17
listed · VII A
PaidVII A1
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.8M
Government grantsLn 1e$420K
Noncash giftsLn 1g$2.3M
Fundraising eventsLn 1c$333K
Investment incomeLn 3$314K
Gains on assetsLn 7$275K
Total revenueLn 12$5.1M
Assets in detailPt X, end of year
CashLn 1$615K
SavingsLn 2$2.0M
Cash and savings togetherLn 1–2$2.6M
Land, buildings, equipmentLn 10c$8.8M
Total assetsLn 16$11.7M
LiabilitiesLn 26$2.6M
Net assetsLn 32$9.1M
OperationsPt I, VI
EmployeesI 527
VolunteersI 62,168
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$2.5M$2.6M
Land, buildings, equipmentLn 10c$6.9M$8.8M
Total assetsLn 16$9.9M$11.7M
LiabilitiesLn 26$1.4M$2.6M
Net assetsLn 32$8.5M$9.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$128K$128K
Other salaries and wagesLn 7$820K$739K$23K$57K
Management feesLn 11a$46K$46K
Accounting feesLn 11c$21K$21K
Advertising and promotionLn 12$12K$12K
Office expensesLn 13$81K$28K$38K$15K
Information technologyLn 14$31K$622$30K
OccupancyLn 16$55K$55K
TravelLn 17$7K$6K$2K
Conferences, conventions and meetingsLn 19$807$234$573
InterestLn 20$74K$74K
Depreciation, depletion and amortizationLn 22$177K$159K$18K
InsuranceLn 23$27K$27K
Other expenses (24a–d)Ln 24$2.9M$2.8M$114K
All other expensesLn 24e$103K$24K$58K$21K
Total functional expensesLn 25$4.5M$3.8M$601K$139K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3.0M$2.5M$460K$10.0M 990 PDF
FY2023 Viewing $5.1M$4.5M$552K$9.1M 990 PDF
FY2022 $6.5M$2.6M$3.9M$8.5M 990 PDF
FY2021 $5.1M$2.6M$2.5M$4.6M 990 PDF
FY2020 $3.1M$2.3M$788K$2.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $5,066,484 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $6,240,921$4,752,065
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $5,953$314,419
I-11 Other revenuePrior year $238,874$0
I-12 Total revenuePrior year $6,485,748$5,066,484
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $637,302$947,911
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,980,339$3,566,751
I-18 Total expensesPrior year $2,617,641$4,514,662
I-19 Revenue less expensesPrior year $3,868,107$551,822
Part VI · Governance 16 of 16 board members independent, 4 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $5,066,484 across 9 lines filed
VIII-1c Fundraising events$333,124
VIII-1e Government grants$420,109
VIII-1f All other contributions, gifts and grants$3,998,832
VIII-1g Noncash contributions (included above)$2,277,143
VIII-1h Total contributions, gifts and grants$4,752,065
VIII-3 Investment incomeExcluded from tax $39,859$39,859
VIII-7 Net gain or loss on sales of assetsRelated to mission $274,560$274,560
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $274,560 · Unrelated business $0 · Excluded from tax $39,859$5,066,484
Part IX · Statement of functional expenses $4,514,662 across 15 lines filed
IX-5 Pay of current officers, directors and key staffManagement $128,300$128,300
IX-7 Other salaries and wagesPrograms $739,371 · Management $23,366 · Fundraising $56,874$819,611
IX-11a Management feesFundraising $45,944$45,944
IX-11c Accounting feesManagement $20,641$20,641
IX-12 Advertising and promotionManagement $11,944$11,944
IX-13 Office expensesPrograms $27,689 · Management $38,276 · Fundraising $15,474$81,439
IX-14 Information technologyPrograms $622 · Management $30,464$31,086
IX-16 OccupancyManagement $54,823$54,823
IX-17 TravelPrograms $5,638 · Management $1,781$7,419
IX-19 Conferences, conventions and meetingsPrograms $234 · Management $573$807
IX-20 InterestManagement $74,217$74,217
IX-22 Depreciation, depletion and amortizationPrograms $159,159 · Management $17,684$176,843
IX-23 InsuranceManagement $26,993$26,993
IX-24 Other expenses (24a–d)Programs $2,817,904 · Management $113,738$2,931,642
IX-24e All other expensesPrograms $23,903 · Management $58,072 · Fundraising $20,978$102,953
IX-25 Total functional expensesPrograms $3,774,520 · Management $600,872 · Fundraising $139,270$4,514,662
Part X · Balance sheet $11,661,414 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $1,377,166$614,739
X-2 Savings and temporary cash investmentsStart of year $1,100,980$2,026,546
X-8 Inventories for sale or useStart of year $591,374$201,851
X-10c Land, buildings and equipment, netStart of year $6,861,676$8,818,278
X-16 Total assetsStart of year $9,931,196$11,661,414
X-17 Accounts payable and accrued expensesStart of year $29,394$73,163
X-25 Other liabilitiesStart of year $23,315$0
X-26 Total liabilitiesStart of year $1,444,472$2,610,170
X-27 Net assets without donor restrictionsStart of year $7,696,795$8,973,744
X-28 Net assets with donor restrictionsStart of year $789,929$77,500
X-32 Total net assets or fund balancesStart of year $8,486,724$9,051,244
X-33 Total liabilities and net assetsStart of year $9,931,196$11,661,414
Part XI · Reconciliation of net assets $9,051,244 net assets at year end
XI-1 Total revenue$5,066,484
XI-2 Total expenses$4,514,662
XI-3 Revenue less expenses$551,822
XI-4 Net assets at start of year$8,486,724
XI-5 Net unrealized gains (losses) on investments$12,698
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$9,051,244

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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