SECOND HARVEST FOOD BANK OF THE MAHONING VALLEY

EIN: 341380074 501(c)(3) Food, Agriculture & Nutrition

YOUNGSTOWN, OH

Total Revenue
$23,637,866
Total Expenses
$23,539,886
Total Assets
$20,446,233
Net Assets
$20,366,632
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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
OH
Principal Officer
MICHAEL IBERIS
Phone
3307925522
Tax Period
2024-01-01 to 2024-12-31

SECOND HARVEST FOOD BANK OF THE MAHONING VALLEY, founded in 1982, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $23.6M in total revenue in fiscal year 2024.

Mission

TO SOLICIT, STORE, AND DISTRIBUTE FOOD FOR HUNGER RELIEF ORGANIZATIONS FEEDING HUNGRY PEOPLE IN COLUMBIANA, MAHONING, AND TRUMBULL COUNTIES, AND TO PROVIDE EDUCATION AND ADVOCACY.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $21,894,013
Program Service Revenue $949,745
Investment Income $520,181
Other Revenue $273,927
TOTAL REVENUE $23,637,866

Expense Breakdown

Grants Paid $0
Salaries & Benefits $988,418
Fundraising Expenses $390,820
Program Expenses $22,759,178
Other Expenses $22,484,468
TOTAL EXPENSES $23,539,886

Year-over-Year Comparison

2024 2023 Change
Revenue $23,637,866 $24,861,431 0.0%
Expenses $23,539,886 $23,648,347 0.0%
Net Income $97,980 $1,213,084 -0.9%
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

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Governance

Voting Members
10
Independent Members
10
Employees
33
Volunteers
101

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
6
$107,860
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHESTER A AMEDIA JR DIRECTOR 1.00
Director
$0 $0 $0
JEFF MITCHELL DIRECTOR 1.00
Director
$0 $0 $0
TROY RHOADES THRU 824 DIRECTOR 1.00
Director
$0 $0 $0
JESS BRIGANTI DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY C MODARELLI PRESIDENT 1.00
Officer Director
$0 $0 $0
RONALD DWINNELLS AS OF 124 DIRECTOR 1.00
Director
$0 $0 $0
CHUCK GEORGE TREASURER 1.00
Officer Director
$0 $0 $0
CARL NUNZIATO SECRETARY 1.00
Officer Director
$0 $0 $0
BOB KROHN DIRECTOR 1.00
Director
$0 $0 $0
RYAN PASTORE PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
DOMINIC MARARRI PRESIDENT ELECT 1.00
Officer Director
$0 $0 $0
MICHAEL IBERIS EXECUTIVE DIRECTOR 40.00
Officer
$107,860 $0 $107,860
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 $23,637,866 $23,539,886 $20,446,233 $97,980
2023 $24,861,431 $23,648,347 $19,260,208 $1,213,084
2022 $18,168,639 $18,868,765 $16,717,966 $-700,126
2021 $23,494,834 $19,457,691 $17,422,704 $4,037,143
2020 $32,293,948 $25,601,819 $13,279,492 $6,692,129
2019 $20,038,388 $19,532,680 $6,427,233 $505,708
2018 $18,433,079 $17,752,406 $5,883,848 $680,673
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