THE FREESTORE FOODBANK FOUNDATION (EIN 311670386) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

KURT REIBER

Phone

5134824500

Tax Period

2024-07-01 to 2025-06-30

THE FREESTORE FOODBANK FOUNDATION, founded in 1999, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2024. Revenue fell 69% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.1M, a strong 44% operating margin.

Mission

TO PROVIDE INCOME TO THE FSFB, ITS SOLE BENEFICIARY, ON A DEPENDABLE, YEAR-TO-YEAR BASIS

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,665,416

Program Service Revenue $0

Investment Income $769,342

Other Revenue $0

TOTAL REVENUE $2,434,758

Expense Breakdown

Grants Paid $1,210,088

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,210,088

Other Expenses $161,207

TOTAL EXPENSES $1,371,295

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,434,758	$7,785,967	-0.7%
Expenses	$1,371,295	$1,343,934	+0.0%
Net Income	$1,063,463	$6,442,033	-0.8%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$941,276

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BETHANY HEATH	DIRECTOR	1.00	Director	$0	$0	$0
BRETT BLACKWELL	DIRECTOR (RESIGNED 1/23/25)	1.00	Director	$0	$0	$0
DAMON ALLEN	DIRECTOR (RESIGNED 1/23/25)	1.00	Director	$0	$0	$0
DWINELVA ZACKERY	DIRECTOR	1.00	Director	$0	$0	$0
GARY MILLER	DIRECTOR	1.00	Director	$0	$0	$0
JIM DRESSMAN	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN ELLIS	DIRECTOR	1.00	Director	$0	$0	$0
LISA SAMPSON	DIRECTOR	1.00	Director	$0	$0	$0
MARTY DUNN	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS KAHLE	DIRECTOR	1.00	Director	$0	$0	$0
SANDY KALTMAN	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
JONATHAN THORNBERRY	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
DAVID HUMMEL	BOARD TREASURER	1.00	Officer Director	$0	$0	$0
TAMI HENDRICKSON	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
KURT L REIBER	CEO / PRESIDENT	1.00	Officer	$0	$40,966	$392,076
TIMOTHY WEIDNER	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$36,737	$305,200
TRISHA RAYNER	CHIEF DEVELOPMENT OFFICER	1.00	Officer	$0	$11,800	$244,000

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
2025	$2,434,758	$1,371,295	$32,302,795	$1,063,463
2024	$7,785,967	$1,343,934	$29,220,560	$6,442,033
2023	$2,527,549	$1,219,287	$20,895,655	$1,308,262
2022	$464,117	$1,214,076	$18,317,578	$-749,959
2021	$7,697,615	$1,024,686	$22,166,438	$6,672,929
2020	$1,878,423	$1,030,600	$13,198,971	$847,823
2019	$1,579,313	$605,860	$12,373,524	$973,453
2018	$1,441,081	$566,121	$11,403,268	$874,960

THE FREESTORE FOODBANK FOUNDATION