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2017 Annual Report

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2017 Annual Report a bigger table 2016 - 2017 EVERYONE IS INVITED TO OUR TABLE. Since its inception in 1998, Second Helpings has fought to create a bigger table in Central Indiana. As we approach our 20th anniversary, our volunteers and staff now prepare and deliver more than 4,000 meals each day to 85 not for profit organizations across Central Indiana. That’s 1 million healthy, delicious meals served to our most vulnerable neighbors each year, strengthening the bodies and minds of those who receive them and the bottom lines of the organizations who serve them. Creating a bigger table means providing more opportunities for local residents to transform their lives. Through the Culinary Job Training program, Second Helpings continues to attack hunger at its source by providing a path to self-sufficiency for unemployed and underemployed adults. Today, a new class graduates every month to find new careers and more promising futures. Best of all, as their careers progress, they return to share their stories, inspire new generations of students, and pay it forward by offering job opportunities to those who are just beginning their journey. As the hundreds of names in this annual report will confirm, the work to welcome more of our neighbors to our bigger table requires the support and commitment of an entire community. To be sure, the network of people and organizations who make the mission possible extends well beyond the pages of this annual report. This report contains only some of the financial donors, food donors and in-kind supporters who each further the work of Second Helpings as they are able. Notably absent are thousands of dedicated volunteers, including chefs and musicians who make our fundraising events the best in the city, restaurant managers who hire our graduates to staff their kitchens and so many more. This network of committed supporters is the lifeblood of Second Helpings, and it will continue to serve as the foundation for a bigger table in Central Indiana as we celebrate our 20th year of service. Jennifer Vigran Cheif Executive Officer 2 | Second Helpings Annual Report IN THE PAST YEAR Volunteers served 53,229 hours with Second Helpings. Together, we rescued 2,394,770 pounds of food which were prepared into 1,026,514 nurtitious, hot meals, which saved our partners $3,981,560 which they were able to pour back into their programs, serving 35% children 30% families 21% adults 14% seniors 100% of support raised stayed in Central Indiana. Second Helpings Annual Report | 3 financials year ended year ended JUNE 30, 2017 JUNE 30, 2016 PUBLIC SUPPORT AND REVENUES Individual Contributions 728,353 713,734 Corporate and Government Contributions and Grants 8,336,053 942,118 Special Events 405,914 379,557 Special Events - In-Kind 262,173 230,776 In-Kind Contributions - Operation 47,698 38,804 PROGRAM REVENUES Rescued Food 4,478,220 4,551,077 Fee Income 74,545 63,297 OTHER REVENUES 2,940 2,924 (includes assets released from restrictions) TOTAL REVENUES & SUPPORT 14,335,896 6,922,287 EXPENSES Programs Services 6,102,170 6,064,534 Supporting Services - Management & General 224,229 234,564 Supporting Services - Fundraising 473,370 424,579 Supporting Services - Fundraising In-Kind 262,173 230,776 TOTAL OPERATING EXPENSES 7,061,942 6,954,453 INTEREST & INVESTMENT INCOME, NET 362,613 750 CHANGE IN NET ASSETS 7,636,567 (31,416) Net Assets, Beginning of Year 3,377,951 3,409,367 Net Assets, End of Year 11,014,518 3,377,951 Note: Our audited financial statements are available at www.secondhelpings.org 4 | Second Helpings Annual Report year ended year ended JUNE 30, 2017 JUNE 30, 2016 CURRENT ASSETS Cash 1,089,156 644,790 Cash - Board Designated Legacy Fund - 254,474 Investments - Board Designated Legacy Fund 290,494 - Accounts Receivable 10,620 13,876 Grants Receivable, Current 118,706 106,600 Inventories 104,131 112,273 Prepared Expenses and Other 16,193 18,506 TOTAL CURRENT ASSETS 1,629,300 1,150,519 PROPERTY AND EQUIPMENT, NET 2,298,605 2,280,115 LONG-TERM GRANTS RECEIVABLE - 50,000 ENDOWMENT INVESTMENTS 7,192,247 - TOTAL ASSETS 11,120,152 3,480,634 LIABILITIES Current Liabilities 105,634 102,683 NET ASSETS Unrestricted Net Assets: Unrestricted 3,271,870 2,896,712 Unrestricted - Board Designated Legacy Fund 290,494 254,474 3,562,364 3,151,186 Temporarily Restricted Net Assets 603,154 226,765 Permanently Restricted Net Assets 6,849,000 - TOTAL NET ASSETS 11,014,518 3,377,951 TOTAL LIABILITIES AND NET ASSETS 11,120,152 3,480,634 Note: Our audited financial statements are available at www.secondhelpings.org Second Helpings Annual Report | 5 “(Without Second Helpings) we would not have the funding to provide either the meals to the kids every day or the food pantry for the people in the community. There’s joy in their faces – they know supporters not to take it for granted, and the others $5,000–$9,999 The Sablosky Family Foundation, a around them learn to feel the same way.” $50,000 AND UP Anonymous (3) fund of Legacy Fund EmployIndy 40-86 Advisors Yvonna Steadman Yolanda Cowell, Kitchen Manager, Glick Philanthropies Robert & Toni Bader Charitable Steel Dynamics Bar Products Division Audrey and Nick Taylor Keenan-Stahl unit of the Boys and The Indianapolis Foundation, a Foundation CICF affiliate Daniel Ball The Pfledderer Jones Family Girls Club-Indianapolis Lilly Endowment, Inc. BMO Harris Bank Foundation, a fund of The United Way of Central Indiana Bose McKinney & Evans Indianapolis Foundation The Brave Heart Foundation Trinity Episcopal Church $20,000–$49,999 Citizens Energy Group Jennifer and Gary Vigran Cunningham Restaurant Group William Witchger Charitable American Family Insurance Fund, a fund of the Indianapolis Dreams Foundation David Weekley Family Foundation Dow AgroSciences Foundation Sally and Dennis Barrett Anna Carey and Chris Zelenak Betti K. Lurie Charitable Lead Jennifer and Brian Egan Trust Eskenazi Health The Kroger Co. Ben and Jill Frame $2,500–$4,999 Dr. Eldred H. MacDonell, Jr. and Kitty and Tom Furman Anonymous (6) Dr. Elizabeth MacDonell Dr. and Mrs. Peter and Gary and Linda Allen The Netherleigh Fund Nora Garrett Allisonville Christian Church Weaver Popcorn Foundation GEICO Andy Mohr Volkswagen Connie Gigax Arbor Homes Global Plastics Christina Bredhold $10,000–$19,999 The David F. and Margaret T. Mark Bromund The Angie’s List Foundation Grohne Family Foundation Ellen and Jeff Butz Susan and Dale Barrett Drs. Susan Gunst and Charlie Church World Service The Capital Group Companies Taliercio The D.M. Cook Fund Charitable Foundation Wendy and James Hamilton Diane Cruz-Burke and Craig Burke Central Indiana Senior Fund, a Debra Harmon Cyberian Technologies CICF Fund Ice Miller LLP Tim and Deanne Dall Christ Church Cathedral Rubel and Jessie Jones Angie and Robert Evans The Clowes Fund Nicole Karmire Rick Fuson J.E. Fehsenfeld Family Foundation Louise and Michael Kinney Donald Graham and Kathleen Berry The Glasscock Family Foundation Wendy and Bill Kortepeter Graham Paul Joyner Landscapes Unlimited Judy Gripp Marian, Inc. Leep Foundation Barbara and Kenneth Hamilton Earl M. and Georgeann H. Eli and Carlos Lopez Dr. Lisa Harris McDaniel Trust Matt and Amy Lutz The Hartford Financial Services Nicholas H. Noyes, Jr. Memorial Lisa and Joseph Mark Indianapolis Colts Foundation Drs. Nina Mutone and Andy Mulvey Ethan & Joyce Jackson Family Sheila Nollen Oak Motors Foundation Amy and Jim Schumacher OneAmerica Financial Partners Jennifer and James Kelley Sysco Indianapolis LLC Kelly Pfledderer and Jennifer Jones Jill and Kevin Kolodsick Marie and Toby Powell Uma Kuchibhotia and Sukumar Reis-Nichols Jewelers Muppalla Reitano Design Group La Margarita Dr. David Ross and Mrs. Bonnie The Willard & Anne Levin Terrill Ross Foundation 6 | Second Helpings Annual Report Sanford Levinson Allison and D. Linden Barber Phyllis and Howard Fulford Suzann Lupton Julia Spangler Dr. Kevin Logan and Ms. Nancy and Robert Barnett TJ Furman Carolyn and James Maddox Spectrum Technology, Inc. Jacqueline Rae Bartelt Raymond Barrett Elaine and Jeffrey Gaither Marigold, Inc. Stanley Spinola Penelope and Lowell Lumley Aylin Bartlett Deborah Galvin Didier Martin Marjorie Spires and Laura Spires Alice Greene McKinney and E. Donna and Bill Beeker Nina Glazer Emily Masengale O’Hara Kirk McKinney, Jr. Fund Bradley and Nancy Bell Charles Goad and James Kelly and Stephan Masoncup Anna and J.R. Spitznogle Dr. Carl and Monique McMillian Julianne and Thomas Bennett Kincannon Dr. and Mrs. Charles and Mary Nora Spitznogle Haley Moore and Jeremy Riffle Jenni and Jeffrey Berebitsky Pam Gottwald Matsumoto St. Joan of Arc Catholic Church NUVO Newsweekly Elliott Berger and Ann Sharp Jackie and Jeff Groth Mattcon General Contractors, Inc. Stanley H. Byram Trust Omni Severin Hotel Downtown Ezra and Sheena Birt Joyce Gustafson McCaw Family Foundation Timothy L. Stewart Al and Jean Paison Katherine Blomeke Ray and Sonja Gyori-Helmuth Philip McGeath Dr. and Mrs. Robert and Natalie Performance Strategies/BJE Blue & Co., LLC Win and Jane Hamilton Monique and Terrence McWilliams Stoelting Michele Raines Dr. Lawrence M. and Eldoris J. The Judy and Michael Harrington Virginia Merkel Dale Strabala Raymond James Financial Borst Family Fund, a fund of Family Foundation, a fund of Merkel-Damer Financial Strategies Todd and Diane Strader Mike and Debbie Rechin Central Indiana Community Central Indiana Community Group Margaret Sullivan Larry and Irene Rolland Foundation Foundation Karen Metzger Laura Tagliani Salesforce.com Foundation Chef Jeff and Lynda Bricker Helen and William Havel Douglas Meyer Linda and William Templeton The Saltsburg Fund Tracy and Andrew Bristol Will Hawkins Clark and Sally Millman Robert Titus Karen Lake Buttrey (deceased) Dr. Bill and Jo Ellen Buffie Heaven’s Charity Dr. and Mrs. David and Robin Harry and Elizabeth Todd Donald W.
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