BELLE PLAINE FOOD SHELF INC

EIN: 371638207 501(c)(3) Food, Agriculture & Nutrition

BELLE PLAINE, MN

Total Revenue
$61,426
Total Expenses
$132,253
Total Assets
$204,019
Net Assets
$204,019
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MN
Principal Officer
BETSY OLLHOFF
Phone
9526492499
Tax Period
2024-01-01 to 2024-12-31

BELLE PLAINE FOOD SHELF INC, founded in 2011, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $61K in total revenue in fiscal year 2024. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $132K exceeded revenue, resulting in a 115% operating deficit.

Mission

TO PROVIDE FOOD WITH RESPECT AND DIGNITY TO THOSE IN NEED IN THE BELLE PLAINE AREA, BY DISTRIBUTING AND ENGAGING IN PARTNERSHIPS THAT ADVANCE SELF SUFFICIENCY.

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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 $58,792
Program Service Revenue $0
Investment Income $2,634
Other Revenue $0
TOTAL REVENUE $61,426

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $126,226
Other Expenses $132,253
TOTAL EXPENSES $132,253

Year-over-Year Comparison

2024 2023 Change
Revenue $61,426 $119,287 -0.5%
Expenses $132,253 $118,475 +0.1%
Net Income $-70,827 $812 -88.2%
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
N/A
Volunteers
80

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NIKKI BARTHOLOWMEW BOARD DIRECT 0.75
Director
$0 $0 $0
HOPE LAWLER BOARD DIRECT 0.25
Director
$0 $0 $0
TIMOTHY LIES BOARD DIRECT 0.25
Director
$0 $0 $0
BRIAN ROMNESS BOARD DIRECT 0.75
Director
$0 $0 $0
CATHY RUHMANN BOARD DIRECT 0.25
Director
$0 $0 $0
SHARON SCHULTZ BOARD DIRECT 0.50
Director
$0 $0 $0
JOSHUA SELBRADE BOARD DIRECT 0.25
Director
$0 $0 $0
JAMES LANGE VICE-PRESIDE 1.75
Officer
$0 $0 $0
SARA LASCH TREASURER 0.25
Officer
$0 $0 $0
BETSY OLLHOFF PRESIDENT 1.25
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
2024 $61,426 $132,253 $204,019 $-70,827
2023 $119,287 $118,475 $276,777 $812
2022 $132,303 $108,120 $278,708 $24,183
2021 $73,687 $44,989 $252,545 $28,698
2020 $134,142 $63,311 $223,112 $70,831
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