Second Harvest Food Bank of Metrolina Inc (EIN 561352593) - 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

1983

Legal Domicile

Principal Officer

Kay Carter

Phone

7043761785

Tax Period

2024-07-01 to 2025-06-30

Second Harvest Food Bank of Metrolina Inc, founded in 1983, is a major nonprofit in the Food, Agriculture & Nutrition sector that reported $172.3M in total revenue in fiscal year 2024. Expenses of $162.6M left a modest 6% surplus.

Mission

To feed people by soliciting and distributing food and other products through partner agencies and educating the community about the nature of and solutions to problems of hunger.

🔒

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 $166,856,642

Program Service Revenue $3,368,443

Investment Income $1,592,101

Other Revenue $447,298

TOTAL REVENUE $172,264,484

Expense Breakdown

Grants Paid $140,913,618

Salaries & Benefits $7,251,465

Fundraising Expenses $2,849,135

Program Expenses $158,216,560

Other Expenses $14,472,226

TOTAL EXPENSES $162,637,309

Year-over-Year Comparison

	2024	2023	Change
Revenue	$172,264,484	$170,343,409	+0.0%
Expenses	$162,637,309	$164,723,124	0.0%
Net Income	$9,627,175	$5,620,285	+0.7%

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

Volunteers

336302

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

$398,896

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kay Carter	CEO	60.00	Officer	$369,483	$29,413	$398,896
Kathy Helms	Finance Director	60.00		$204,504	$10,451	$214,955
Anthony Alexis III	COO	60.00		$201,776	$10,381	$212,157
Lisa George	Senior Accountant	40.00		$138,542	$8,631	$147,173
Ethan Altmire	CPO	60.00		$136,059	$7,304	$143,363
Teddy Burgis	Director	3.00	Director	$0	$0	$0
Chris Bowe	Vice Chair	3.00	Officer Director	$0	$0	$0
Grace Bednarcik	Director	3.00	Director	$0	$0	$0
Kati Everett	Director	3.00	Director	$0	$0	$0
Mark Cassady	Director	3.00	Director	$0	$0	$0
Les Morelock	Director	3.00	Director	$0	$0	$0
Jorge Silva	Director	3.00	Director	$0	$0	$0
Christine Channels	Director	3.00	Director	$0	$0	$0
George Hechtel	Director	3.00	Director	$0	$0	$0
Rob Garofalo	Director	3.00	Director	$0	$0	$0
Kevin Hyrams	Director	3.00	Director	$0	$0	$0
Travis Hubbard	Director	3.00	Director	$0	$0	$0
Vivian Lavaty	Past Chairman	3.00	Officer Director	$0	$0	$0
Steve Marlier	Director	3.00	Director	$0	$0	$0
Karin McGinnis	Director	3.00	Director	$0	$0	$0
Kristof Duna	Director	3.00	Director	$0	$0	$0
Todd Hansen	Director	3.00	Director	$0	$0	$0
Gale Pendergraph	Director	3.00	Director	$0	$0	$0
Christy Phillips-Brown	Chairperson	3.00	Officer Director	$0	$0	$0
Ken Wayman	Director	3.00	Director	$0	$0	$0
Danna Robinson	Secretary	3.00	Officer Director	$0	$0	$0
John Gray	Director	3.00	Director	$0	$0	$0
Ashlee Harris	Director	3.00	Director	$0	$0	$0
Mark Teague	Director	3.00	Director	$0	$0	$0
William Tripet	Treasurer	3.00	Officer Director	$0	$0	$0
Tommy Lloyd	Director	3.00	Director	$0	$0	$0
Evan Nash	Director	3.00	Director	$0	$0	$0
Betsy Mack	Director	3.00	Director	$0	$0	$0
Simon Clark	Director	3.00	Director	$0	$0	$0
Joe Schoeneck	Director	3.00	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	$172,264,484	$162,637,309	$75,541,892	$9,627,175
2024	$170,343,409	$164,723,124	$65,656,998	$5,620,285
2023	$156,542,006	$149,028,012	$59,094,045	$7,513,994
2022	$142,886,199	$135,893,575	$54,155,057	$6,992,624
2021	$149,989,370	$136,054,621	$47,121,314	$13,934,749
2020	$133,897,542	$117,763,725	$33,785,041	$16,133,817
2019	$96,778,778	$96,004,413	$18,753,815	$774,365
2018	$98,095,855	$96,482,897	$17,716,595	$1,612,958

Second Harvest Food Bank of Metrolina Inc