FOOD ASSISTANCE INC

EIN: 200063969 501(c)(3)

GREENSBORO, NC

Total Revenue
$14,669
Total Expenses
$70,640
Total Assets
$31,633
Net Assets
$30,835
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NC
Principal Officer
JANE Y CARLSON
Phone
3369888899
Tax Period
2020-01-01 to 2020-12-31

FOOD ASSISTANCE INC, founded in 2003, is a micro nonprofit that reported $15K in total revenue in fiscal year 2020. Revenue fell 94% from the prior year — a significant decline worth monitoring. Expenses of $71K exceeded revenue, resulting in a 382% operating deficit.

Mission

FAI-GROCERIES ON WHEELS OFFERS FOOD, FRIENDSHIP AND HOPE TO IMPROVE HEALTH AND WELLNESS TO LOW INCOME AND DISABLED SENIORS IN GUILFORD COUNTY. IT IS VOLUNTEER DRIVEN.

Program Service Accomplishments

Program 1
Expenses: $47,319

MEALS ON WHEELS IS FOOD ASSISTANCE INC.'S PRIMARY PROGRAM. VOLUNTEERS FROM THE COMMUNITY TAKE REFERRALS FROM SOCIAL AGENCIES, CONGREGATIONS, UNITED WAY 211, IN-CARE HOME AGENCIES AND OTHER NONPROFITS...

Read more

MEALS ON WHEELS IS FOOD ASSISTANCE INC.'S PRIMARY PROGRAM. VOLUNTEERS FROM THE COMMUNITY TAKE REFERRALS FROM SOCIAL AGENCIES, CONGREGATIONS, UNITED WAY 211, IN-CARE HOME AGENCIES AND OTHER NONPROFITS IN GUILFORD COUNTY TO PROVIDE FOOD ASSISTANCE TO 500+ PEOPLE. SENIORS ARE INTERVIEWED IN THEIR HOMES TO DETERMINE NEEDS AND SITUATION. APPROPRIATE REFERRALS ARE GIVEN IF NEEDED, REFERRING TO OTHER AGENCIES AND ORGANIZATIONS. NUTRITIONAL AND EDUCATIONAL INFORMATION IS PROVIDED WITH FOOD. VOLUNTEERS SPEND TIME WITH RECIPIENTS DURING EACH MONTHLY DELIVERY AND PROVIDE MANY ACTS OF RANDOM KINDNESS. DURING 2020, 726 VOLUNTEERS DELIVERED 6,000+ BAGS OF FOOD, MAKING 5,400 HOME DELIVERIES AND WORKING 2,222 VOLUNTEER HOURS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $15,417
Program Service Revenue $211
Investment Income $-959
Other Revenue $0
TOTAL REVENUE $14,669

Expense Breakdown

Grants Paid $0
Salaries & Benefits $33,807
Fundraising Expenses $2,004
Program Expenses $47,319
Other Expenses $36,833
TOTAL EXPENSES $70,640

Year-over-Year Comparison

2020 2019 Change
Revenue $14,669 $245,683 -0.9%
Expenses $70,640 $285,479 -0.8%
Net Income $-55,971 $-39,796 +0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
2
Volunteers
726

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
2
$18,000
Total Directors
4
$18,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANE Y CARLSON EXECUTIVE DI 40.00
Officer Director
$18,000 $0 $18,000
RHONDA DRAPER MARKETING DI N/A
Director
$0 $0 $0
LAUREN A HALDEMAN PHD NUTRITION DI N/A
Director
$0 $0 $0
GAIL B WIGGINS VICE CHAIR/H N/A
Director
$0 $0 $0
KENNETH W LAIRD II TREASURER/SE N/A
Officer
$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
2020 $14,669 $70,640 $31,633 $-55,971
2020 $14,669 $70,640 $31,633 $-55,971
2019 $245,683 $285,479 $100,102 $-39,796
2018 $301,347 $216,901 $133,249 $84,446
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FOOD ASSISTANCE INC with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.