SECOND HARVEST COMMUNITY FOOD BANK

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

CHAD HIGDON

Phone

8163643663

Tax Period

2023-07-01 to 2024-06-30

SECOND HARVEST COMMUNITY FOOD BANK, founded in 1981, is a mid-sized nonprofit that reported $12.9M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $12.1M left a modest 6% surplus.

Mission

OUR MISSION IS TO PROVIDE NOURISHMENT AND HOPE IN NORTHWEST MISSOURI AND NORTHEAST KANSAS BY ENGAGING THE REGION IN THE FIGHT TO END HUNGER.

Program Service Accomplishments

Program 1

Expenses: $11,359,077 Revenue: $7,151

COMMUNITY NOURISHMENT: WE STRIVE TO CARRY OUT OUR WORK WITHIN SUSTAINABLE INITIATIVES THAT ARE EFFECTIVE AND ALIGNED WITH OUR MISSION OF BUILDING HUNGER-FREE COMMUNITIES. THESE INITIATIVES ARE...

COMMUNITY NOURISHMENT: WE STRIVE TO CARRY OUT OUR WORK WITHIN SUSTAINABLE INITIATIVES THAT ARE EFFECTIVE AND ALIGNED WITH OUR MISSION OF BUILDING HUNGER-FREE COMMUNITIES. THESE INITIATIVES ARE DESIGNED TO IMPACT THREE KEY AREAS: FAMILIES, CHILDREN, AND SENIORS. NOT ONLY DO WE HELP OUR NEIGHBORS MEET IMMEDIATE NEEDS, BUT WE ALSO STRIVE TO CONNECT INDIVIDUALS AND FAMILIES WITH RESOURCES TO HELP THEM CREATE MORE STABLE FUTURES. WE DISTRIBUTE FOOD THROUGH DIRECT SERVICE PROGRAMS AND THROUGH A NETWORK OF 46 PARTNER AGENCIES LOCATED THROUGHOUT OUR SERVICE AREA. LAST YEAR, SECOND HARVEST DISTRIBUTED 6.7 MILLION POUNDS OF FOOD.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $12,893,804

Program Service Revenue $7,151

Investment Income $36,703

Other Revenue $-5,753

TOTAL REVENUE $12,931,905

Expense Breakdown

Grants Paid $8,145,809

Salaries & Benefits $1,667,328

Fundraising Expenses $372,872

Program Expenses $11,359,077

Other Expenses $2,283,002

TOTAL EXPENSES $12,096,139

Year-over-Year Comparison

	2023	2022	Change
Revenue	$12,931,905	$11,824,578	+0.1%
Expenses	$12,096,139	$12,035,295	+0.0%
Net Income	$835,766	$-210,717	-5.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

1723

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

$131,182

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTEL GOLLNICK	CHAIR	2.00	Officer Director	$0	$0	$0
KENNY MILLER	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JUAN HERNANDEZ HUERTA	TREASURER	2.00	Officer Director	$0	$0	$0
WILLIAM GALL	SECRETARY	2.00	Officer Director	$0	$0	$0
MONICA WALKER	PAST CHAIR	2.00	Officer Director	$0	$0	$0
GERRI HOUSEHOLDER	BOARD MEMBER	2.00	Director	$0	$0	$0
KENNERH ANDERSON	BOARD MEMBER	2.00	Director	$0	$0	$0
ANNE KISKE	BOARD MEMBER	2.00	Director	$0	$0	$0
ANDREA ARMFIELD	BOARD MEMBER	2.00	Director	$0	$0	$0
BRANDY MILLER	BOARD MEMBER	2.00	Director	$0	$0	$0
TIMOTHY WYMES	BOARD MEMBER	2.00	Director	$0	$0	$0
KEVIN KELLY	BOARD MEMBER	2.00	Director	$0	$0	$0
BRITTANY BEAVER	BOARD MEMBER	2.00	Director	$0	$0	$0
BECKY RITCHEY	BOARD MEMBER	2.00	Director	$0	$0	$0
DAN HEGEMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
JENNA PAPENHAUSE	BOARD MEMBER	2.00	Director	$0	$0	$0
JOEL HANE	BOARD MEMBER	2.00	Director	$0	$0	$0
KATY RISCHMOND	BOARD MEMBER	2.00	Director	$0	$0	$0
CHAD HIGDON	CEO	40.00	Officer	$115,422	$15,760	$131,182

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	$12,931,905	$12,096,139	$4,912,249	$835,766
2023	$11,824,578	$12,035,295	$3,896,524	$-210,717
2022	$13,467,528	$13,931,040	$3,800,432	$-463,512
2021	$25,456,301	$25,345,083	$4,776,863	$111,218
2020	$17,053,123	$17,423,258	$4,961,827	$-370,135
2019	$12,574,382	$11,971,169	$4,450,376	$603,213
2018	$9,708,271	$9,912,594	$3,792,573	$-204,323