Regional Food Bank of Northeast Florida Inc

EIN: 465014769 501(c)(3) Food, Agriculture & Nutrition

Jacksonville, FL

Total Revenue
$74,219,433
Total Expenses
$70,206,550
Total Assets
$33,914,762
Net Assets
$29,507,427
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
FL
Phone
9045131333
Tax Period
2023-01-01 to 2023-12-31

Regional Food Bank of Northeast Florida Inc, founded in 2014, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $74.2M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $70.2M left a modest 5% surplus.

Mission

Feeding Northeast Florida works to permanently end hunger in Northeast Florida by providing nutritious foods and other essential goods to people facing hunger, by addressing food insecurity, poverty and poor health through education and empowerment, and by advocating for policies and programs that build self-sufficiency.

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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 $72,334,157
Program Service Revenue $732,761
Investment Income $1,007,841
Other Revenue $144,674
TOTAL REVENUE $74,219,433

Expense Breakdown

Grants Paid $61,386,374
Salaries & Benefits $5,073,897
Fundraising Expenses $1,376,352
Program Expenses $67,090,053
Other Expenses $3,746,279
TOTAL EXPENSES $70,206,550

Year-over-Year Comparison

2023 2022 Change
Revenue $74,219,433 $63,685,715 +0.2%
Expenses $70,206,550 $54,535,751 +0.3%
Net Income $4,012,883 $9,149,964 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
151
Volunteers
9000

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
4
$413,617
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Wyckoff Chuck Board Member 1.00
Director
$0 $0 $0
Wise Lisha Chair 1.00
Director
$0 $0 $0
Brown Len Board Member 2.00
Director
$0 $0 $0
Jones Mia Board Member 1.00
Director
$0 $0 $0
Martino Josh Governance Chair 2.00
Director
$0 $0 $0
Wachs Alan Secretary 2.00
Director
$0 $0 $0
King Susan President/CEO 40.00
Officer
$187,297 $0 $187,297
Baker Russell Board Member 1.00
Director
$0 $0 $0
Colaluca Anthony Finance Chair 2.00
Director
$0 $0 $0
Haley Chris Board Member 1.00
Director
$0 $0 $0
Wright Lauri Board Member 1.00
Director
$0 $0 $0
Rajhansa Dipak Board Member 1.00
Director
$0 $0 $0
Lawton Michael Board Member 1.00
Director
$0 $0 $0
Clements Poppy Board Member 1.00
Director
$0 $0 $0
Buchanan Marla Board Member 1.00
Director
$0 $0 $0
Campos Carin Board Member 1.00
Director
$0 $0 $0
Thurman Justice Board Member 1.00
Director
$0 $0 $0
Carnegie Bill COO 40.00
Officer
$135,166 $0 $135,166
Culver Jackie Vice-President 40.00
Officer
$73,385 $0 $73,385
Mazer Bill CFO 40.00
Officer
$17,769 $0 $17,769
McCandless Rachael Highest Comp Emp 40.00
Highest
$101,811 $0 $101,811
Peek Ben Former CFO 40.00
$112,625 $0 $112,625
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 $74,219,433 $70,206,550 $33,914,762 $4,012,883
2022 $63,685,715 $54,535,751 $29,512,491 $9,149,964
2021 $61,079,810 $59,526,185 $13,173,202 $1,553,625
2020 $65,214,720 $59,126,006 $12,403,954 $6,088,714
2018 $33,173,288 $32,615,388 $3,526,199 $557,900
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