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
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

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.

Program Service Accomplishments

Program 1
Expenses: $28,941,926

Billings Food Bank was formed in 1982. Originally designed to serve agencies having food programs, and primarily in Yellowstone County. It has now evolved into a truly independent food bank...

Read more

Billings Food Bank was formed in 1982. Originally designed to serve agencies having food programs, and primarily in Yellowstone County. It has now evolved into a truly independent food bank responding to requests from anywhere throughout the world. If we have the ability to help, we do. In addition to food, we also supply appliances, furniture, equipment, household needs, beds, and mattresses, as available.In the last 10 years we have also established the Fortin Culinary Center where we teach culinary job training skills. We have so far had over 200 graduates of this program with a 99% success rate of placing those individuals in jobs. The demand for people with culinary skills is tremendous. We have a very strict set of rules for our students as there is no charge for the course, but if you dont show up you are not allowed to continue. We have literally changed lives with this program. We are truly proud to have moved many of our students from a generational norm of living on the system, to now being productive members of the work force.Our Fortin Culinary Center has also become a source of revenue and training for our students and others. We have a large reception hall seating 300 which can be divided into two sections for meetings, weddings, receptions, company parties, memorial services, job training sessions, Serve Safe Classes, etc. We serve many banquets on a regular basis, which of course, is tremendous training for our students. We also utilize our certified commercial kitchen and food processing center (originally funded in part with a Montana State Growth Thru Ag Grant)to prepare meals for other agencies and programs. We prepared over 301,000 meals for the homeless population and other social services agencies. Using our facility we have processed, preserved and repackaged hundreds of thousand pounds of meats, produce, beans (dry) etc. for use in preparing these meals. The Culinary Center is also a shared use facility for food entrepreneurs to test new products or use as a new business base. We have been a starting point for many! We opened our Fortin Caf and Gift shop in response to a neighborhood demand, which has now turned into a popular breakfast and lunch venue. It is also a great training field for our students, many of whom we actually hire. We have two fulltime chefs, one teaches our classes and one runs the caf. We also encourage social enterprise by promoting and selling art and other items for area artists. And we rent our beautiful commercial kitchen to entrepreneurs wishing to start or expand their food related business. We do this on an hourly basis so young businesses do not have to incure a heavy debt load as their business develops. We have been the catalyst for many businesses that have now grown and started their own places.We provide cooking and nutrition classes to not only our recipients, but to youth and others as our time and facility use allows. We serve as a training ground for many folks with special needs, and have actually hired several.We have also co-sponsored many causes and events, such as "The Cooking for Kidneys" for folks with kidney issues (5,000); Quilts & Blankets (1,507); Pet Food Pantry (15,811); Baby Pantry (4,321); Hygiene Kits (10,493); Backpacks for Kids w/ School Supplies (3,600) as well as Snack Packs for Kids with food; and more. The breakdown for ages: 28% 0-17; 47% 18-60; 23% 60 and up.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

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
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

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
Explore More Nonprofits
Top 100 Nonprofits in Montana Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Billings Food Bank Inc with other nonprofits in Montana and across the country.