SODDY DAISY FOOD BANK INC

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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

2002

Legal Domicile

Principal Officer

MIKE ANDERSON

Phone

4237603489

Tax Period

2025-01-01 to 2025-12-31

SODDY DAISY FOOD BANK INC, founded in 2002, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $804K in total revenue in fiscal year 2025. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $174K, a strong 22% operating margin.

Mission

ALL VOLUNTEER ORGANIZATION FOCUSED ON GATHERING AND SHARING FOOD WITH FAMILIES AND INDIVIDUALS IN NEED. WE ARE COMMITTED TO THE PREMISE THAT ALL PERSONS HAVE A RIGHT TO ADEQUATE NUTRITION.

Program Service Accomplishments

Program 1

Expenses: $608,643

DISTRIBUTED OVER 316,000 POUNDS OF FOOD TO NEEDY FAMILIES IN THE NORTH HAMILTON COUNTY SERVICE AREA, VALUED AT MORE THAN $550,000. ALSO DISTRIBUTED, BUT NOT INCLUDED IN THE 316,000 POUNDS, IS AN...

DISTRIBUTED OVER 316,000 POUNDS OF FOOD TO NEEDY FAMILIES IN THE NORTH HAMILTON COUNTY SERVICE AREA, VALUED AT MORE THAN $550,000. ALSO DISTRIBUTED, BUT NOT INCLUDED IN THE 316,000 POUNDS, IS AN ADDITIONAL $153 OF PURCHASED FOOD AND $16,418 OF FOOD OBTAINED VIA DONATED GIFT CARDS (NOT VALUED PER POUND).

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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 (2025)

Revenue Breakdown

Contributions & Grants $801,654

Program Service Revenue $0

Investment Income $2,597

Other Revenue $0

TOTAL REVENUE $804,251

Expense Breakdown

Grants Paid $582,451

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $608,643

Other Expenses $48,140

TOTAL EXPENSES $630,591

Year-over-Year Comparison

	2025	2024	Change
Revenue	$804,251	$852,988	-0.1%
Expenses	$630,591	$830,463	-0.2%
Net Income	$173,660	$22,525	+6.7%

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

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
MITCHELL A WEBER	DIRECTOR	Director	$0	$0	$0
SANDRA HUBBS	DISTRIBUTION MANAGER	Director	$0	$0	$0
MISSY S MCDONALD	COMMUNITY SUPPORT COORDINA	Director	$0	$0	$0
CLYDE R WOODALL	DIRECTOR	Director	$0	$0	$0
JEANNE FERRERE	DIRECTOR OF VOLUNTEER ACTIVITIES	Director	$0	$0	$0
ROGER COULTER	ASSISTANT TREASURER	Director	$0	$0	$0
CHARLES WILLIAMS	DIRECTOR	Director	$0	$0	$0
MARK BOYER	DIRECTOR	Director	$0	$0	$0
MICHAEL D ANDERSON	TREASURER	Officer Director	$0	$0	$0
PATTI H DENNIS	SECRETARY	Officer Director	$0	$0	$0
FRANK L MULKEY	VICE PRESIDENT	Officer Director	$0	$0	$0
ALAN C GRAM	PRESIDENT	Officer 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	$804,251	$630,591	$618,742	$173,660
2024	$852,988	$830,463	$454,612	$22,525
2023	$852,553	$837,588	$430,153	$14,965
2022	$777,820	$761,946	$421,669	$15,874
2021	$641,056	$582,988	$363,971	$58,068
2020	$778,455	$698,699	$302,968	$79,756
2019	$780,372	$755,705	$223,212	$24,667
2018	$726,401	$674,746	$198,545	$51,655