FOOD BANK OF SIOUXLAND INC

EIN: 421381516 501(c)(3)

SIOUX CITY, IA

Total Revenue
$8,262,508
Total Expenses
$8,699,860
Total Assets
$3,311,602
Net Assets
$3,150,206
🔒

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
1991
Legal Domicile
IA
Principal Officer
JACOB WANDERSCHEID
Phone
7122559741
Tax Period
2023-10-01 to 2024-09-30

FOOD BANK OF SIOUXLAND INC, founded in 1991, is a community nonprofit that reported $8.3M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

LEADING SIOUXLAND IN THE FIGHT AGAINST 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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,862,597
Program Service Revenue $344,226
Investment Income $33,003
Other Revenue $22,682
TOTAL REVENUE $8,262,508

Expense Breakdown

Grants Paid $6,520,373
Salaries & Benefits $737,075
Fundraising Expenses $341,993
Program Expenses $8,292,338
Other Expenses $1,230,085
TOTAL EXPENSES $8,699,860

Year-over-Year Comparison

2023 2022 Change
Revenue $8,262,508 $6,754,062 +0.2%
Expenses $8,699,860 $7,044,882 +0.2%
Net Income $-437,352 $-290,820 +0.5%
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
15
Independent Members
15
Employees
18
Volunteers
1561

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
5
$72,403
Total Directors
16
$0
Key Employees
1
$72,403
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACOB WANDERSHCEID EXEC. DIRECTOR 40.00
Officer Key Emp
$70,316 $2,087 $72,403
MIKE GORMALLY DIRECTOR 1.00
Director
$0 $0 $0
CHRIS OSBORN TREASURER 5.00
Officer Director
$0 $0 $0
KELLI MEISTER PRESIDENT 5.00
Officer Director
$0 $0 $0
DIANE SCNOENROCK DIRECTOR 1.00
Director
$0 $0 $0
DAVE WASHBURN VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
JESSICA HARMS DIRECTOR 1.00
Director
$0 $0 $0
LES WILT DIRECTOR 1.00
Director
$0 $0 $0
COLBY LESSMANN DIRECTOR 1.00
Director
$0 $0 $0
TRACEY AKINS DIRECTOR 1.00
Director
$0 $0 $0
ROSS ROCKLIN DIRECTOR 1.00
Director
$0 $0 $0
MARY HELEN GIBSON DIRECTOR 1.00
Director
$0 $0 $0
JESSIKA EVANS SECRETARY 5.00
Officer Director
$0 $0 $0
BRAD KROMMENHOEK DIRECTOR 1.00
Director
$0 $0 $0
DOUG FISHER DIRECTOR 1.00
Director
$0 $0 $0
ALICIA KROHN DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM HALE DIRECTOR 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
2024 $8,262,508 $8,699,860 $3,311,602 $-437,352
2023 $6,754,062 $7,044,882 $3,527,220 $-290,820
2022 $6,894,598 $6,334,392 $3,758,082 $560,206
2021 $6,417,468 $5,966,454 $3,308,967 $451,014
2020 $6,528,993 $5,565,532 $2,915,946 $963,461
2019 $4,329,522 $4,007,811 $1,866,218 $321,711
2018 $4,581,843 $4,499,091 $1,530,010 $82,752
Explore More Nonprofits
→Top 100 Nonprofits in Iowa →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FOOD BANK OF SIOUXLAND INC with other nonprofits in Iowa and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.