OLEAN FOOD PANTRY INC (EIN 550881869) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

DAVID POTTER

Phone

7163724989

Tax Period

2024-01-01 to 2024-12-31

OLEAN FOOD PANTRY INC, founded in 2004, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $351K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Net assets of $840K represent 29 months of operating reserves.

Mission

AS A VOLUNTEER ORGANIZATION, THE OLEAN FOOD PANTRY PROVIDES FOOD SECURITY BY OFFERING CHOICES OF HEALTHY, NUTRITIOUS FOOD. IN COOPERATION WITH THE COMMUNITY, WE EMPOWER INDIVIDUALS THROUGH EDUCATION, RESOURCES AND KNOWLEDGE TO PROMOTE OPPORTUNITIES TO BECOME SELF SUFFICIENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $334,849

Program Service Revenue $0

Investment Income $16,422

Other Revenue $56

TOTAL REVENUE $351,327

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $303,584

Other Expenses $354,181

TOTAL EXPENSES $354,181

Year-over-Year Comparison

	2024	2023	Change
Revenue	$351,327	$542,166	-0.4%
Expenses	$354,181	$439,284	-0.2%
Net Income	$-2,854	$102,882	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD ESPOSITO	BOARD MEMBER	1.00	Director	$0	$0	$0
BETSY BATHURST	BOARD MEMBER	1.00	Director	$0	$0	$0
DON MEYER	BOARD MEMBER	1.00	Director	$0	$0	$0
FRED WELCH	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMIE KOHN	BOARD MEMBER	1.00	Director	$0	$0	$0
JAY KING	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHLEEN DONOVAN	VICE PRESIDENT	4.00	Officer	$0	$0	$0
ASHLEY GREELEY	SECRETARY	4.00	Officer	$0	$0	$0
NICK HAMED	TREASURER	4.00	Officer	$0	$0	$0
DAVE POTTER	PRESIDENT	4.00	Officer	$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	$351,327	$354,181	$863,021	$-2,854
2023	$542,166	$439,284	$823,159	$102,882
2022	$385,287	$439,122	$691,373	$-53,835
2021	$418,364	$302,062	$796,396	$116,302
2020	$573,921	$341,476	$656,991	$232,445
2019	$203,671	$178,782	$418,963	$24,889

OLEAN FOOD PANTRY INC