FOOD BANK OF EASTERN MICHIGAN (EIN 382379678) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

KARA ROSS

Phone

8102394441

Tax Period

2023-10-01 to 2024-09-30

FOOD BANK OF EASTERN MICHIGAN, founded in 1981, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $76.0M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

THE FOOD BANK OF EASTERN MICHIGAN'S MISSION IS TO BE THE FOOD SOURCE FOR PEOPLE IN NEED. PARTNERING WITH ORGANIZATIONS TO FEED THE HUNGRY, WE ADVOCATE AND BUILD A COMMUNITY SOLUTION TO A COMMUNITY PROBLEM. BY LEVERAGING AN ABUNDANCE OF PRODUCT FROM A MULTITUDE OF SOURCES, WE "CHANGE THE FACE OF HUNGER."

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $71,638,360

Program Service Revenue $3,256,586

Investment Income $639,257

Other Revenue $436,625

TOTAL REVENUE $75,970,828

Expense Breakdown

Grants Paid $69,139,738

Salaries & Benefits $5,655,163

Fundraising Expenses $669,887

Program Expenses $76,363,089

Other Expenses $3,150,746

TOTAL EXPENSES $77,945,647

Year-over-Year Comparison

	2023	2022	Change
Revenue	$75,970,828	$60,854,792	+0.2%
Expenses	$77,945,647	$63,346,094	+0.2%
Net Income	$-1,974,819	$-2,491,302	-0.2%

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

Governance

Voting Members

Independent Members

Employees

175

Volunteers

12131

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

$377,952

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KARA ROSS	PRESIDENT AN	40.00	Officer	$231,691	$48,025	$279,716
TIFFANIE PAIELLI	CFO	40.00	Officer	$65,739	$32,497	$98,236
DR NASIR ALI	BOARD MEMBER	1.00	Director	$0	$0	$0
HON F KAY BEHM	BOARD MEMBER	1.00	Director	$0	$0	$0
ANTOINE BURKS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
STEVE DAWES	BOARD MEMBER	1.00	Director	$0	$0	$0
MELANY GAVULIC	BOARD MEMBER	1.00	Director	$0	$0	$0
PEGGY HAW JURY	CHAIR ELECT	1.00	Officer Director	$0	$0	$0
ELIZABETH LATCHANA	BOARD MEMBER	1.00	Director	$0	$0	$0
ALEX MURRAY	CHAIR	1.00	Officer Director	$0	$0	$0
LEANNE PANDUREN	SECRETARY	1.00	Officer Director	$0	$0	$0
JULIANNE PRINCINSKY	PAST CHAIR	1.00	Officer Director	$0	$0	$0
DR RAJAGOPAL SHANTARAM	BOARD MEMBER	1.00	Director	$0	$0	$0
DICK SKAFF	BOARD MEMBER	1.00	Director	$0	$0	$0
EMILEE THORNTON	BOARD MEMBER	1.00	Director	$0	$0	$0
GREG VIENER	TREASURER	1.00	Officer Director	$0	$0	$0
JANE WORTHING	BOARD MEMBER	1.00	Director	$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	$75,970,828	$77,945,647	$39,305,808	$-1,974,819
2023	$60,854,792	$63,346,094	$36,261,875	$-2,491,302
2022	$58,146,281	$60,590,969	$35,995,659	$-2,444,688
2021	$106,664,807	$80,738,987	$43,208,303	$25,925,820
2020	$81,082,033	$78,535,413	$17,345,721	$2,546,620
2019	$53,325,576	$53,715,549	$13,788,387	$-389,973
2018	$52,176,392	$54,398,221	$13,927,010	$-2,221,829
2018	$52,176,392	$54,398,221	$13,927,010	$-2,221,829

FOOD BANK OF EASTERN MICHIGAN