Overview
What is Josephs Storehouse Fort Lauderdale Inc?
Josephs Storehouse Fort Lauderdale Inc is a compassionate nonprofit organization situated in Ocala, Florida. Primarily functioning as a food bank and pantry, their primary mission is to rescue surplus food that would otherwise be discarded and distribute it to those in need across South Florida. They maintain agreements with grocery chains and wholesale food distributors for regular pickups, ensuring a consistent supply of food. Their daily operations involve sourcing, gathering, sorting, cataloging, and warehousing food for distribution to partner agencies. Occasionally, they distribute food directly from their warehouse to local individuals in need. Beyond providing food, Josephs Storehouse also offers financial counseling services, making them a co-op that aims to support those facing food insecurity and financial challenges.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62%, Two-Star out of Four Star rating)
Joseph's Storehouse Fort Lauderdale Inc has received a two-star rating from Charity Navigator, indicating that it needs improvement based on its overall accountability and finance practices. The high score in material diversion of assets and program expense ratio suggests that the organization is effectively utilizing its resources for its mission. However, significant weaknesses in board independence and governance practices raise concerns about the organization's oversight.
The nonprofit scored poorly in areas such as having independent board members and a robust board size, with zero points in these categories. This lack of independence can limit the organization's ability to operate transparently and effectively. Additionally, while the organization has policies for conflict of interest, whistleblowing, and document retention, the absence of a publicly accessible website and issues related to liabilities suggest areas for growth.
Overall, while Joseph's Storehouse demonstrates strong program expenses and accountability practices, it faces challenges in governance and financial management that could hinder its long-term effectiveness. Enhancing board independence and transparency may help improve its standing in the nonprofit community.
This AI summary has been generated from information found on Charity Navigator.
Is Josephs Storehouse Fort Lauderdale Inc legitimate?
Josephs Storehouse Fort Lauderdale Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Josephs Storehouse Fort Lauderdale Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $18,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Josephs Storehouse Fort Lauderdale Inc?
Joseph's Storehouse, an organization established to aid those in need, operates as both a food bank and a co-op. Its primary mission is to collect and distribute surplus food that would otherwise be discarded, ensuring it reaches those who require it. The organization has agreements with grocery chains and wholesale food distributors, enabling them to collect food on a regular schedule. Their daily operations involve sourcing, gathering, sorting, cataloging, and warehousing food, which is then distributed to various partner agencies throughout the region. Occasionally, they also distribute food directly from the warehouse to local individuals in need. Besides providing food, Joseph's Storehouse also supplies other pantries, churches, and soup kitchens as needed, addressing food insecurity in the community.
Who is the CEO of Josephs Storehouse Fort Lauderdale Inc?
John Arena is the Ceo of Josephs Storehouse Fort Lauderdale Inc. The CEO's salary of Josephs Storehouse Fort Lauderdale Inc is $0 and their total compensation is $0.
What is the revenue of Josephs Storehouse Fort Lauderdale Inc?
Josephs Storehouse Fort Lauderdale Inc's revenue in 2022 was $72,001.
Who are the executives of Josephs Storehouse Fort Lauderdale Inc and what are their salaries?
The average compensation at Josephs Storehouse Fort Lauderdale Inc during 2022 was $18,000. There is 1 employee at Josephs Storehouse Fort Lauderdale Inc.
Here are 5 key members and their salaries (Josephs Storehouse Fort Lauderdale Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Josephs Storehouse Fort Lauderdale Inc?
Josephs Storehouse Fort Lauderdale Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Josephs Storehouse Fort Lauderdale Inc
Josephs Storehouse Fort Lauderdale Inc is a nonprofit organization with a mission to provide food and financial counseling to those in need. Established as a food bank and food pantry, its primary function is to rescue surplus food from grocery chains and wholesale food distributors, which would otherwise be discarded, and distribute it to those who require it. The daily operations involve sourcing, gathering, sorting, cataloging, and warehousing food, which is then distributed to various partner agencies throughout South Florida. A few times a week, food is also directly distributed from the warehouse to local individuals in need. Additionally, Josephs Storehouse Fort Lauderdale Inc supplies other food pantries, churches, and soup kitchens as needed, ensuring that no food goes to waste and that it reaches those who require it most.
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Impact
August, 2024
Josephs Storehouse Fort Lauderdale Inc's impact is significant in providing food assistance to those in need and offering financial counseling services. By rescuing surplus food from grocery chains and wholesale distributors, they prevent wastage and distribute these resources to partner agencies and individuals throughout South Florida. Their daily operations involve sourcing, sorting, cataloging, and distributing food efficiently to help combat hunger in the community. Additionally, they support other pantries, churches, and soup kitchens as the need arises, demonstrating a commitment to addressing food insecurity and supporting vulnerable populations in the area.
This information is meant to be a general summary of Josephs Storehouse Fort Lauderdale Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $80,068
Assets and Liabilities:
- Total Assets: $83,101
- Total Liabilities: $77,463
- Net Assets: $5,638
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Organization Details
Founding Year
2014
Principal Officer
John Arena
Main Address
2818 SE 24TH AVENUE, OCALA, FL, 34471
NTEE Category
Code: P20 - Human services
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