NORTH COUNTRY FOOD BANK INC (EIN 411459758) - 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

1983

Legal Domicile

Principal Officer

SUSIE NOVAK BOELTER

Phone

2182817356

Tax Period

2024-10-01 to 2025-09-30

NORTH COUNTRY FOOD BANK INC, founded in 1983, is a mid-sized nonprofit that reported $13.4M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year.

Mission

TO REDUCE FOOD WASTE BY DISTRIBUTING UNMARKETABLE PRODUCTS TO AGENCIES THAT SERVE AND FEED THE DISADVANTAGED

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $11,153,736

Program Service Revenue $2,122,147

Investment Income $103,024

Other Revenue $2,917

TOTAL REVENUE $13,381,824

Expense Breakdown

Grants Paid $8,573,838

Salaries & Benefits $1,080,159

Fundraising Expenses $396,162

Program Expenses $12,694,567

Other Expenses $3,567,659

TOTAL EXPENSES $13,479,925

Year-over-Year Comparison

	2024	2023	Change
Revenue	$13,381,824	$14,126,441	-0.1%
Expenses	$13,479,925	$13,507,389	0.0%
Net Income	$-98,101	$619,052	-1.2%

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

Volunteers

831

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

$145,663

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JILL FRITEL	CHAIRPERSON	0.50	Officer Director	$0	$0	$0
BETH NELSON	SECRETARY/TREASURER	0.50	Officer Director	$0	$0	$0
KAYLA WINKLER	BOARD MEMBER	0.50	Director	$0	$0	$0
BRIAN LARSON	VICE CHAIR	0.50	Officer Director	$0	$0	$0
DIANE BLAIR	BOARD MEMBER	0.50	Director	$0	$0	$0
JOHN LEIKNESS	BOARD MEMBER	0.50	Director	$0	$0	$0
STEVE LILLESTOL	BOARD MEMBER (STARTED NOV 2024)	0.50	Director	$0	$0	$0
SUSIE NOVAK BOELTER	EXECUTIVE DIRECTOR	40.00	Officer	$109,881	$35,782	$145,663

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	$13,381,824	$13,479,925	$6,596,982	$-98,101
2024	$14,126,441	$13,507,389	$6,775,516	$619,052
2023	$11,838,730	$11,696,451	$6,223,881	$142,279
2022	$10,779,461	$10,417,399	$6,467,483	$362,062
2021	$11,453,159	$10,245,876	$5,720,225	$1,207,283
2020	$11,148,569	$9,619,817	$5,785,520	$1,528,752
2019	$11,399,771	$10,363,902	$3,550,656	$1,035,869
2018	$16,478,922	$16,366,340	$1,364,949	$112,582

NORTH COUNTRY FOOD BANK INC