Eat Greater Des Moines

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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

2015

Legal Domicile

Principal Officer

Corrin Hatala

Phone

6517281952

Tax Period

2023-07-01 to 2024-06-30

Eat Greater Des Moines, founded in 2015, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $508K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $588K exceeded revenue, resulting in a 16% operating deficit.

Mission

To unite the community by providing quality food access for all.

Program Service Accomplishments

Program 1

Expenses: $104,162 Revenue: $31,835

Food recovery and distribution.

Program 2

Expenses: $54,025 Revenue: $6,678

Local Food Purchase Assistance Cooperative Agreement Program

Program 3

Expenses: $302,326 Revenue: $1,663

Regional Food Systems Partnership

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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 $507,709

Program Service Revenue $0

Investment Income $0

Other Revenue $111

TOTAL REVENUE $507,820

Expense Breakdown

Grants Paid $0

Salaries & Benefits $307,818

Fundraising Expenses $0

Program Expenses $460,513

Other Expenses $279,733

TOTAL EXPENSES $587,551

Year-over-Year Comparison

	2023	2022	Change
Revenue	$507,820	$727,812	-0.3%
Expenses	$587,551	$615,144	0.0%
Net Income	$-79,731	$112,668	-1.7%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kristin Griffith	Chair	001.00	Officer Director	$0	$0	$0
Corrin Hatala	Treasurer	001.00	Officer Director	$0	$0	$0
Sonia Ashe	Treasurer	001.00	Officer Director	$0	$0	$0
Steph Jessen	Director	001.00	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	No data	No data	No data	No data
2024	$507,820	$587,551	$253,969	$-79,731
2023	$727,812	$615,144	$373,670	$112,668
2022	$2,094,549	$2,221,629	$136,418	$-127,080
2021	$4,607,206	$4,530,193	$273,044	$77,013
2020	$339,634	$335,807	$215,059	$3,827
2019	$284,764	$230,958	$108,920	$53,806