AKRON-CANTON REGIONAL FOODBANK ENDOWMENT (EIN 341888311) - 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

DANIEL R FLOWERS

Phone

3305356900

Tax Period

2024-01-01 to 2024-12-31

AKRON-CANTON REGIONAL FOODBANK ENDOWMENT, founded in 1999, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.2M in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $687K, a strong 55% operating margin.

Mission

TO RECEIVE AND MAINTAIN FUNDS TO SUPPORT THE AKRON-CANTON REGIONAL FOODBANK.

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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 $986,215

Program Service Revenue $0

Investment Income $169,604

Other Revenue $84,872

TOTAL REVENUE $1,240,691

Expense Breakdown

Grants Paid $152,178

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $418,488

Other Expenses $401,540

TOTAL EXPENSES $553,718

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,240,691	$1,522,043	-0.2%
Expenses	$553,718	$509,213	+0.1%
Net Income	$686,973	$1,012,830	-0.3%

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

$319,520

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
HARVEY NELSON	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
AMANDA MONTGOMERY	FOODBANK CHAIR	1.00	Officer Director	$0	$0	$0
MARK BAER	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
DAVID KERN	BOARD MEMBER	1.00	Director	$0	$0	$0
GARY BENZ	BOARD MEMBER	1.00	Director	$0	$0	$0
GEORGE SARKIS	BOARD MEMBER	1.00	Director	$0	$0	$0
VIVIAN LEGGETT	BOARD MEMBER	1.00	Director	$0	$0	$0
DANIEL FLOWERS	PRESIDENT/CEO	1.00	Officer	$0	$36,010	$319,520

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	$1,240,691	$553,718	$12,653,306	$686,973
2023	$1,522,043	$509,213	$11,686,488	$1,012,830
2022	$32,531	$493,454	$10,310,727	$-460,923
2021	$1,446,979	$315,926	$11,178,565	$1,131,053
2020	$1,598,387	$86,335	$11,004,281	$1,512,052
2019	$235,228	$57,270	$1,459,958	$177,958
2018	$34,534	$6,000	$1,096,072	$28,534

AKRON-CANTON REGIONAL FOODBANK ENDOWMENT