Great Plains Food Bank

EIN: 472229589 501(c)(3) Food, Agriculture & Nutrition

Fargo, ND

Total Revenue
$40,612,922
Total Expenses
$36,672,590
Total Assets
$20,407,215
Net Assets
$19,841,687
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
ND
Principal Officer
Ann Prifrel
Phone
7012326219
Tax Period
2024-07-01 to 2025-06-30

Great Plains Food Bank, founded in 2014, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $40.6M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $36.7M left a modest 10% surplus.

Mission

Great Plains Food Bank is ND's largest hunger-relief Org. with a mission to end hunger together. Our vision is: Neighbors are nourished, communities are strong, and systems ensure no one is left behind. Both our mission and vision are fueled by our values of passion, service and innovation.

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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 (2024)

Revenue Breakdown

Contributions & Grants $39,414,363
Program Service Revenue $891,319
Investment Income $307,240
Other Revenue $0
TOTAL REVENUE $40,612,922

Expense Breakdown

Grants Paid $25,428,272
Salaries & Benefits $4,066,474
Fundraising Expenses $1,407,150
Program Expenses $34,713,825
Other Expenses $6,612,800
TOTAL EXPENSES $36,672,590

Year-over-Year Comparison

2024 2023 Change
Revenue $40,612,922 $35,914,465 +0.1%
Expenses $36,672,590 $36,017,818 +0.0%
Net Income $3,940,332 $-103,353 -39.1%
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

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Governance

Voting Members
13
Independent Members
13
Employees
61
Volunteers
3438

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
$325,158
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jasper Schneider Chair 3.00
Officer Director
$0 $0 $0
Stacey Ackerman Vice Chair 3.00
Officer Director
$0 $0 $0
Jim Herrington Secretary 3.00
Director
$0 $0 $0
Margaret Asheim Treasurer 3.00
Director
$0 $0 $0
Kathy Schneider Past Chair 3.00
Officer Director
$0 $0 $0
Levi Bachmeier Director 3.00
Director
$0 $0 $0
Ruth Buffalo Director 3.00
Director
$0 $0 $0
Jennifer Hauge Director 3.00
Director
$0 $0 $0
Stacie Loegering Director 3.00
Director
$0 $0 $0
Emma McIntyre Director 3.00
Director
$0 $0 $0
April Walker Director 3.00
Director
$0 $0 $0
Jennifer Weisgram Director 3.00
Director
$0 $0 $0
Sidney Rustvang Director (Beg Sept 2024) 3.00
Director
$0 $0 $0
David Maring Director (Until June 2024) 3.00
Director
$0 $0 $0
Aaron Becher Director (Until June 2024) 3.00
Director
$0 $0 $0
Melissa Sobolik CEO 40.00
Officer
$174,131 $18,767 $192,898
David Stachon CFO 40.00
Officer
$123,280 $8,980 $132,260
Kate Molbert Chief Operating Officer 40.00
Highest
$134,113 $9,443 $143,556
Marcia Paulson Chief Philanthropy Officer 40.00
Highest
$121,270 $13,714 $134,984
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 $40,612,922 $36,672,590 $20,407,215 $3,940,332
2024 No data No data No data No data
2023 $29,520,140 $27,329,151 $16,419,620 $2,190,989
2022 $28,606,630 $29,891,987 $14,198,348 $-1,285,357
2021 $44,237,483 $38,338,318 $16,072,644 $5,899,165
2020 $35,510,024 $32,395,936 $11,054,433 $3,114,088
2019 $30,242,806 $29,085,945 $6,887,602 $1,156,861
2018 $29,171,677 $28,368,790 $5,575,339 $802,887
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