SNOQUALMIE VALLEY FOOD BANK

EIN: 464388454 501(c)(3) Food, Agriculture & Nutrition

North Bend, WA

Total Revenue
$1,536,915
Total Expenses
$1,453,419
Total Assets
$1,616,214
Net Assets
$1,616,634
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
WA
Principal Officer
Alison Roberts
Phone
4258887832
Tax Period
2023-01-01 to 2023-12-31

SNOQUALMIE VALLEY FOOD BANK, founded in 2013, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $1.5M left a modest 5% surplus.

Mission

Our mission is to provide food and key resources to help our neighbors and community thrive. We lead the effort to feed, educate and advocate ending hunger in the Snoqualmie Valley and beyond.

Program Service Accomplishments

Program 1
Expenses: $1,262,871 Revenue: $0

SVFB is run by a six member working board of directors, an executive director, operations manager, operations assistant, guest services specialist, marketing and development coordinator and many...

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SVFB is run by a six member working board of directors, an executive director, operations manager, operations assistant, guest services specialist, marketing and development coordinator and many volunteers. In 2023, a total of 12,048 visits were recorded. SVFB operates a grocery store model food pantry where clients may shop once a week, during our distribution hours, to choose what food items they need. SVFB partners with the WSDA, Food Lifeline, Northwest Harvest, Hopelink and many other organizations. Combined resources from industry partners, grocery pick up programs, food drives, fundraisers and food purchased allowed us to distribute over 460,000 pounds of food to our community in 2023.

Program 2
Expenses: $3,522 Revenue: $0

In an effort to address specific needs in our community, we develop supplemental programs such as our Meals for the Break program. This program bridges the gap by providing food during winter...

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In an effort to address specific needs in our community, we develop supplemental programs such as our Meals for the Break program. This program bridges the gap by providing food during winter, mid-winter, spring and summer school breaks. For 2023, over 8,000 meals were distributed.

Program 3
Expenses: $0 Revenue: $0

SVFB partners with Snoqualmie Valley Pet Food Bank to provide pet food and supplies to more than 200 pets each month. We partner with KidVantage to provide diapers, baby food, formula, wipes, and...

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SVFB partners with Snoqualmie Valley Pet Food Bank to provide pet food and supplies to more than 200 pets each month. We partner with KidVantage to provide diapers, baby food, formula, wipes, and clothing for babies, children, and mothers, with over 100 families assisted in 2023. Our staff communicates directly with clients to fulfill other needs such as cribs, car seats, and more. We partner with St. Clare's Episcopal church who provide sundries to our guests on a monthly basis. We partner with Mt. Si Lutheran church to provide new back to school supplies, and backpacks for each student to start the school year. SVFB partners with Snoqualmie Valley Kiwanis and registered hundreds of families each year to receive holiday gifts for their children. We are an assisting partner agency with Washington Connection and our staff help clients apply for and renew programs like SNAP benefits, childcare, healthcare and more. SVFB is a host site for the Women Infants Children (WIC) program as well as a partner location for DSHS and other human service agencies that come to the food bank and meet with guests about various services available to them.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,536,425
Program Service Revenue $0
Investment Income $490
Other Revenue $0
TOTAL REVENUE $1,536,915

Expense Breakdown

Grants Paid $0
Salaries & Benefits $273,352
Fundraising Expenses $25,056
Program Expenses $1,266,393
Other Expenses $1,180,067
TOTAL EXPENSES $1,453,419

Year-over-Year Comparison

2023 2022 Change
Revenue $1,536,915 $1,365,502 +0.1%
Expenses $1,453,419 $1,198,006 +0.2%
Net Income $83,496 $167,496 -0.5%
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

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Governance

Voting Members
6
Independent Members
6
Employees
7
Volunteers
150

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
$88,177
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nicole LLoyd Executive Director 40
Officer
$88,177 $0 $88,177
Emilie Davidson Board President 10
Officer Director
$0 $0 $0
Lauren Thomas Board Vice-President 5
Officer Director
$0 $0 $0
Austin Dodd Secretary 1
Officer Director
$0 $0 $0
Isha Ralhan Treasurer 2
Officer Director
$0 $0 $0
Krista Oppie Director 1
Director
$0 $0 $0
John Norberg Director 1
Director
$0 $0 $0
Ken Vaughn Director 1
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 No data No data No data No data
2023 $1,536,915 $1,453,419 $1,616,214 $83,496
2022 $1,365,502 $1,198,006 $1,473,723 $167,496
2021 $1,601,084 $1,241,109 $1,327,472 $359,975
2020 $2,026,056 $1,502,895 $991,797 $523,161
2019 $1,386,116 $1,323,712 $444,336 $62,404
2018 $1,468,112 $1,434,816 $381,932 $33,296
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