Billings Food Bank Inc

EIN: 363519470 501(c)(3) Food, Agriculture & Nutrition

Billings, MT

Total Revenue
$29,099,054
Total Expenses
$29,227,435
Total Assets
$6,819,899
Net Assets
$6,733,093
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
MT
Phone
4062592856
Tax Period
2022-07-01 to 2023-06-30

Billings Food Bank Inc, founded in 1982, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $29.1M in total revenue in fiscal year 2022. Revenue fell 59% from the prior year — a significant decline worth monitoring.

Mission

To assume a leadership role in feeding the hungry by recovering, securing, purchasing, and delivering (both through other agencies and directly) quality food and other products while playing a strong education and advocacy role in hunger-related issues; doing all within our power to address root causes of hunger and encourage economic growth.At the Billings Food Bank our mission is to provide food for today and hope for tomorrow. We believe every human deserves to have their basic needs met and feel equipt to thrive! In this spirit, we celebrate diversity in the communities we serve and foster an environment of inclusion with our employees, volunteers, and community members.

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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 (2022)

Revenue Breakdown

Contributions & Grants $29,084,894
Program Service Revenue $0
Investment Income $12,291
Other Revenue $1,869
TOTAL REVENUE $29,099,054

Expense Breakdown

Grants Paid $0
Salaries & Benefits $279,157
Fundraising Expenses $79,501
Program Expenses $28,941,926
Other Expenses $28,925,905
TOTAL EXPENSES $29,227,435

Year-over-Year Comparison

2022 2021 Change
Revenue $29,099,054 $71,013,689 -0.6%
Expenses $29,227,435 $71,600,717 -0.6%
Net Income $-128,381 $-587,028 -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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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
13
Volunteers
645

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
4
$111,662
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Sheryle Shandy Executive Dir. 45.00
Officer
$111,662 $0 $111,662
John Gott Director 1.00
Director
$0 $0 $0
Teresa Liter Director 1.00
Director
$0 $0 $0
Christie Jessup Director 1.00
Director
$0 $0 $0
Lee Nixon Director 1.00
Director
$0 $0 $0
Barry Hickok Director 1.00
Director
$0 $0 $0
Bob Klein Vice President 1.00
Officer
$0 $0 $0
Mike Scheppele Treasurer 1.00
Officer
$0 $0 $0
Kathy Whittenberger President & CEO 1.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $29,099,054 $29,227,435 $6,819,899 $-128,381
2022 $71,013,689 $71,600,717 $6,934,571 $-587,028
2021 $50,002,296 $48,951,795 $7,614,272 $1,050,501
2020 $34,990,007 $34,577,515 $7,024,429 $412,492
2019 $34,573,848 $34,826,811 $6,566,103 $-252,963
2018 $32,846,028 $33,982,530 $6,907,367 $-1,136,502
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