FOOD BANK OF NORTH CENTRAL ARKANSAS

EIN: 581881897 501(c)(3) Food, Agriculture & Nutrition

MOUNTAIN HOME, AR

Total Revenue
$6,689,538
Total Expenses
$6,562,070
Total Assets
$4,178,056
Net Assets
$2,487,781
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
AR
Principal Officer
JEFF QUICK
Phone
8704997565
Tax Period
2023-01-01 to 2023-12-31

FOOD BANK OF NORTH CENTRAL ARKANSAS, founded in 1989, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $3.9M in total revenue in fiscal year 2018. Revenue decreased 8% compared to the prior year.

Mission

FOOD BANK THAT DISTRIBUTES FOOD SUPPLIES TO FAMILIES IN NEED IN NINE COUNTIES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,493,222
Program Service Revenue $154,980
Investment Income $40,324
Other Revenue $1,012
TOTAL REVENUE $6,689,538

Expense Breakdown

Grants Paid $5,664,818
Salaries & Benefits $455,574
Fundraising Expenses $144,792
Program Expenses $6,008,889
Other Expenses $441,184
TOTAL EXPENSES $6,562,070

Year-over-Year Comparison

2023 2022 Change
Revenue $6,689,538 $6,665,198 +0.0%
Expenses $6,562,070 $6,343,962 +0.0%
Net Income $127,468 $321,236 -0.6%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
18
Volunteers
1880

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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK BERTEL 2ND VICE CHA N/A
Officer Director
$0 $0 $0
SARA BING TRUSTEE/DIRE N/A
Director
$0 $0 $0
SCOTT COPELAND TREASURER N/A
Officer Director
$0 $0 $0
JANICE FLETCHER SECRETARY N/A
Officer Director
$0 $0 $0
ASHLEY HAMBLETON TRUSTEE/DIRE N/A
Director
$0 $0 $0
PAULETTE HILL TRUSTEE/DIRE N/A
Director
$0 $0 $0
RANDY LUDWIG CHAIRPERSON N/A
Officer Director
$0 $0 $0
MARK MEYER TRUSTEE/DIRE N/A
Director
$0 $0 $0
JEWELL PENDERGRASS 1ST VICE CHA N/A
Director
$0 $0 $0
EMILY REED TRUSTEE/DIRE N/A
Director
$0 $0 $0
DOUG RICHARDS TRUSTEE/DIRE N/A
Director
$0 $0 $0
DR JOHN SCRIBNER TRUSTEE/DIRE N/A
Director
$0 $0 $0
LIBBY SEFTAR TRUSTEE/DIRE N/A
Director
$0 $0 $0
DON SHARP TRUSTEE/DIRE N/A
Director
$0 $0 $0
KANDIE WALKER TRUSTEE/DIRE N/A
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
2024 No data No data No data No data
2023 $6,689,538 $6,562,070 $4,178,056 $127,468
2022 $6,665,198 $6,343,962 $4,157,280 $321,236
2021 $5,577,020 $5,717,945 $3,972,455 $-140,925
2020 $7,116,123 $6,084,251 $4,242,577 $1,031,872
2019 $4,401,411 $4,269,965 $1,844,290 $131,446
2018 $3,852,726 $3,957,167 $1,741,638 $-104,441
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