AKRON-CANTON REGIONAL FOODBANK

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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

1982

Legal Domicile

Principal Officer

DANIEL R FLOWERS

Phone

3305356900

Tax Period

2024-01-01 to 2024-12-31

AKRON-CANTON REGIONAL FOODBANK, founded in 1982, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $65.7M in total revenue in fiscal year 2024.

Mission

THE MISSION OF THE AKRON-CANTON REGIONAL FOODBANK IS TO LEAD A COLLABORATIVE NETWORK THAT EMPOWERS PEOPLE TO EXPERIENCE HEALTHY AND HUNGER-FREE LIVES. WE DISTRIBUTE FOOD TO FEED PEOPLE AND WE ADVOCATE, ENGAGE AND CONVENE OUR COMMUNITY IN THE FIGHT TO END HUNGER.

Program Service Accomplishments

Program 1

Expenses: $59,437,327 Revenue: $2,474,601

TO PROCURE, WAREHOUSE, AND FACILITATE THE DISTRIBUTION OF DONATED FOODS AND OTHER PRODUCTS TO QUALIFIED ORGANIZATIONS WHICH SERVE PEOPLE IN NEED.

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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 $62,864,267

Program Service Revenue $2,474,601

Investment Income $371,552

Other Revenue $-2,552

TOTAL REVENUE $65,707,868

Expense Breakdown

Grants Paid $1,972,161

Salaries & Benefits $8,014,906

Fundraising Expenses $2,978,703

Program Expenses $59,437,327

Other Expenses $54,560,325

TOTAL EXPENSES $64,547,392

Year-over-Year Comparison

	2024	2023	Change
Revenue	$65,707,868	$62,044,704	+0.1%
Expenses	$64,547,392	$59,623,188	+0.1%
Net Income	$1,160,476	$2,421,516	-0.5%

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

111

Volunteers

10888

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

$518,088

Total Directors

Key Employees

$176,647

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMANDA MONTGOMERY	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
GREG LONG	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DAN BROPHY	TREASURER	1.00	Officer Director	$0	$0	$0
ROB BOWERS	SECRETARY	1.00	Officer Director	$0	$0	$0
ALICIA LAMANCUSA	DIRECTOR	1.00	Director	$0	$0	$0
ALISON BREAUX	DIRECTOR	1.00	Director	$0	$0	$0
AMY BORCHERDING	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS RICHARDSON	DIRECTOR	1.00	Director	$0	$0	$0
DOUG GRASSIAN	DIRECTOR	1.00	Director	$0	$0	$0
DR TERI LASH-RITTER	DIRECTOR	1.00	Director	$0	$0	$0
FRANK WILEY	DIRECTOR	1.00	Director	$0	$0	$0
HYUN PARK	DIRECTOR	1.00	Director	$0	$0	$0
JASON DODSON	DIRECTOR	1.00	Director	$0	$0	$0
JEROD CHERRY	DIRECTOR	1.00	Director	$0	$0	$0
JONATHAN THORNTON	DIRECTOR	1.00	Director	$0	$0	$0
KRISTIN HANNON	DIRECTOR	1.00	Director	$0	$0	$0
LAURA QUERY	DIRECTOR	1.00	Director	$0	$0	$0
LISA BACKLIN	DIRECTOR	1.00	Director	$0	$0	$0
NANCY HUTCHINSON	DIRECTOR	1.00	Director	$0	$0	$0
RICH CLARK	DIRECTOR	1.00	Director	$0	$0	$0
TERRY LINK	DIRECTOR	1.00	Director	$0	$0	$0
DANIEL FLOWERS	PRESIDENT AND CEO	50.00	Officer	$283,510	$36,010	$319,520
KATIE CARVER REED	VICE PRESIDENT AND COO	50.00	Officer	$177,250	$21,318	$198,568
COLLEEN BENSON	VICE PRESIDENT, DEVELOPMEN	50.00	Key Emp	$150,486	$26,161	$176,647
JENNIFER DYER	VICE PRESIDENT, OPERATIONS	50.00	Highest	$134,895	$12,581	$147,476
MICHAEL WILSON	VICE PRESIDENT, MKT AND CO	50.00	Highest	$116,908	$8,440	$125,348
CAROL CRABTREE	VICE PRESIDENT, HUMAN RESO	50.00	Highest	$113,233	$13,994	$127,227
DEBBIE HAGARTY	GIFT AND ESTATE PLANNING OFFICER	50.00	Highest	$102,490	$1,217	$103,707

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
2024	$65,707,868	$64,547,392	$46,345,610	$1,160,476
2023	$62,044,704	$59,623,188	$52,282,523	$2,421,516
2022	$51,182,060	$49,022,932	$39,331,003	$2,159,128
2021	$52,426,998	$47,782,138	$38,369,339	$4,644,860
2020	$65,326,219	$55,399,151	$34,089,787	$9,927,068
2019	$55,590,706	$48,377,931	$19,920,475	$7,212,775
2018	$46,566,155	$47,147,102	$11,931,892	$-580,947