MANNA FOOD BANK INC (EIN 581514800) - 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

1982

Legal Domicile

Principal Officer

CLAIRE NEAL

Phone

8282993663

Tax Period

2024-07-01 to 2025-06-30

MANNA FOOD BANK INC, founded in 1982, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $98.8M in total revenue in fiscal year 2024. Revenue surged 141% from the prior year, signaling strong growth momentum. The organization ran a surplus of $48.1M, a strong 49% operating margin.

Mission

MISSION: TO INVOLVE, EDUCATE, AND UNITE PEOPLE IN THE WORK OF ENDING HUNGER IN WESTERN NORTH CAROLINA. VISION: A HUNGER-FREE WESTERN NORTH CAROLINA WHERE EVERYONE HAS ACCESS TO NUTRITIOUS FOOD AND THE OPPORTUNITY TO THRIVE. MANNA EXISTS TO ENSURE THAT NO ONE IN OUR MOUNTAIN COMMUNITIES FACES HUNGER ALONE. EVERY DAY, OUR STAFF, PARTNERS, AND VOLUNTEERS WORK TO PROVIDE ACCESS TO HEALTHY FOOD AND TO CREATE PATHWAYS TOWARD LASTING STABILITY.

🔒

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 $93,948,579

Program Service Revenue $0

Investment Income $1,696,106

Other Revenue $3,152,301

TOTAL REVENUE $98,796,986

Expense Breakdown

Grants Paid $35,890,513

Salaries & Benefits $5,911,502

Fundraising Expenses $1,434,918

Program Expenses $46,942,594

Other Expenses $8,857,411

TOTAL EXPENSES $50,659,426

Year-over-Year Comparison

	2024	2023	Change
Revenue	$98,796,986	$40,942,946	+1.4%
Expenses	$50,659,426	$39,262,697	+0.3%
Net Income	$48,137,560	$1,680,249	+27.6%

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

4474

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

$889,483

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAVOY SPOONER	PRESIDENT	1.96	Officer Director	$0	$0	$0
LINDSEY WILSON	VICE PRESIDE	2.09	Officer Director	$0	$0	$0
DAVID ANGELUS	TREASURER	2.42	Officer Director	$0	$0	$0
MARCIA BROMBERG	SECRETARY	1.17	Officer Director	$0	$0	$0
JIM MATHEWS	PAST PRESIDE	4.62	Officer Director	$0	$0	$0
JACK BRITTS	BOARD MEMBER	13.27	Director	$0	$0	$0
JUDY BUTLER	BOARD MEMBER	2.38	Director	$0	$0	$0
KEVIN CLICK	BOARD MEMBER	1.56	Director	$0	$0	$0
MELODY DUNLOP	BOARD MEMBER	0.64	Director	$0	$0	$0
RAYMOND GRANAADA	BOARD MEMBER	2.34	Director	$0	$0	$0
ROSE JAMES	BOARD MEMBER	2.06	Director	$0	$0	$0
TERRY LANTANICH	BOARD MEMBER	0.84	Director	$0	$0	$0
SANDRA PRECOMA	BOARD MEMBER	0.31	Director	$0	$0	$0
RAMON RODRIGUEZ	BOARD MEMBER	0.50	Director	$0	$0	$0
MEL SCHOLL	BOARD MEMBER	1.83	Director	$0	$0	$0
JOHN STAATZ	BOARD MEMBER	4.37	Director	$0	$0	$0
TYLER VEREEN	BOARD MEMBER	0.70	Director	$0	$0	$0
ELIZABETH WALL-BASSETT	BOARD MEMBER	0.33	Director	$0	$0	$0
EDWARD ZAIDBERG	TREASURER TH	1.04	Officer Director	$0	$0	$0
COREY ATKINS	BRD MBER THR	0.15	Director	$0	$0	$0
DAVID JENKINS	BRD MBER THR	0.46	Director	$0	$0	$0
CLAIRE NEAL	CEO	50.00	Officer	$248,399	$18,877	$267,276
DAVID SETZER	CFO	50.00	Officer	$134,852	$7,264	$142,116
LIZ HIPPS	COO	50.00	Officer	$154,141	$12,101	$166,242
MARY NESBITT	CHIEF DEV OF	50.00	Officer	$164,450	$12,593	$177,043
JENNIFER LUTZ	COMM IMPACT	50.00	Officer	$122,787	$14,019	$136,806
LISA REYNOLDS	DIR OF FOOD	40.00	Highest	$107,957	$10,849	$118,806

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	$98,796,986	$50,659,426	$82,608,735	$48,137,560
2024	$40,942,946	$39,262,697	$32,817,768	$1,680,249
2023	$37,885,817	$36,358,884	$29,674,291	$1,526,933
2022	$36,666,910	$35,714,512	$28,506,662	$952,398
2021	$54,416,982	$39,327,613	$28,015,233	$15,089,369
2020	$39,072,994	$36,009,200	$14,546,315	$3,063,794
2019	$32,518,841	$32,928,467	$9,739,025	$-409,626
2018	$34,679,999	$33,461,770	$9,932,275	$1,218,229

MANNA FOOD BANK INC