COMMUNITY FOOD BANK OF CENTRAL ALA… - Form 990 Financial Data

🔒

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

NICOLE WILLIAMS

Phone

2059428211

Tax Period

2024-01-01 to 2024-12-31

COMMUNITY FOOD BANK OF CENTRAL ALABAMA, founded in 1982, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $53.6M in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.9M, a strong 19% operating margin.

Mission

TO FEED PEOPLE IN NEED TODAY AND FOSTER COLLABORATIVE SOLUTIONS TO END HUNGER TOMORROW.

Program Service Accomplishments

Program 1

Expenses: $42,379,828 Revenue: $2,195,714

THE COMMUNITY FOOD BANK OF CENTRAL ALABAMA'S MISSION IS TO FEED PEOPLE IN NEED TODAY AND FOSTER COLLABORATIVE SOLUTIONS TO END HUNGER TOMORROW. THE MISSION IS ACCOMPLISHED BY PROVIDING FOOD TO OVER 300 PARTNERS, INCLUDING FOOD PANTRIES, SHELTERS, AND CHILDREN'S PROGRAMS, WHO OFFER DIRECT SERVICE TO OUR NEIGHBORS IN NEED. TO FILL THE GAPS, BOTH GEOGRAPHICALLY AND DEMOGRAPHICALLY, THE COMMUNITY FOOD BANK ALSO OFFERS PROGRAMS TO SERVE SPECIFIC POPULATIONS VULNERABLE TO HUNGER. LAST YEAR IN 2024, OVER 24.6 MILLION LBS. OF FOOD WERE DISTRIBUTED, EQUALING 20.5 MILLION MEALS THROUGHOUT THE 12-COUNTY FOOTPRINT IN CENTRAL ALABAMA.

🔒

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 $50,799,626

Program Service Revenue $2,144,810

Investment Income $426,575

Other Revenue $243,904

TOTAL REVENUE $53,614,915

Expense Breakdown

Grants Paid $38,330,235

Salaries & Benefits $3,228,333

Fundraising Expenses $582,520

Program Expenses $42,379,828

Other Expenses $2,130,111

TOTAL EXPENSES $43,688,679

Year-over-Year Comparison

	2024	2023	Change
Revenue	$53,614,915	$38,406,527	+0.4%
Expenses	$43,688,679	$33,577,820	+0.3%
Net Income	$9,926,236	$4,828,707	+1.1%

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

8200

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

$159,396

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALLEN ANTHONY	DIRECTOR	1.00	Director	$0	$0	$0
BELL DAVID	DIRECTOR	1.00	Director	$0	$0	$0
BRADFORD GEORGE W	DIRECTOR	1.00	Director	$0	$0	$0
EVERETT HOLLE	DIRECTOR	1.00	Director	$0	$0	$0
GAINES MIRIAM J	DIRECTOR	1.00	Director	$0	$0	$0
GOODWIN III R ED	DIRECTOR	1.00	Director	$0	$0	$0
HARDEN RJ	DIRECTOR	1.00	Director	$0	$0	$0
HERNANDEZ JEAN	DIRECTOR	1.00	Director	$0	$0	$0
JONES BRAD	DIRECTOR	1.00	Director	$0	$0	$0
LECOMPTE DAVID	DIRECTOR	1.00	Director	$0	$0	$0
MOWERY JAMES	DIRECTOR	1.00	Director	$0	$0	$0
OWENS WILLIAM	DIRECTOR	1.00	Director	$0	$0	$0
RITCHEY JOSEPH	DIRECTOR	1.00	Director	$0	$0	$0
SMITH TERRY	DIRECTOR	1.00	Director	$0	$0	$0
TUCKER ALYSON	DIRECTOR	1.00	Director	$0	$0	$0
WEBB PHIL	DIRECTOR	1.00	Director	$0	$0	$0
WELLEN JOSH	DIRECTOR	1.00	Director	$0	$0	$0
WILSON DAVID	DIRECTOR	1.00	Director	$0	$0	$0
WOOD DAVID	DIRECTOR	1.00	Director	$0	$0	$0
WOOD WILLIAM	DIRECTOR	1.00	Director	$0	$0	$0
SCHULER SUSANA	SECRETARY	1.00	Officer Director	$0	$0	$0
KASSOUF GERRY	TREASURER	1.00	Officer Director	$0	$0	$0
TISDALE CLYDE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KLINE MARY ALICE	PAST PRESIDENT	1.00	Director	$0	$0	$0
TAYLOR ELLIE	PRESIDENT	1.00	Officer Director	$0	$0	$0
WILLIAMS NICOLE	CHIEF EXECUTIVE OFFICER	40.00	Officer	$150,660	$8,736	$159,396

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	$53,614,915	$43,688,679	$32,286,662	$9,926,236
2023	$38,406,527	$33,577,820	$22,244,380	$4,828,707
2022	$33,309,464	$36,253,612	$16,934,068	$-2,944,148
2021	$33,855,843	$31,212,292	$19,652,655	$2,643,551
2020	$43,987,647	$36,300,371	$17,685,641	$7,687,276
2019	$26,151,339	$23,374,779	$8,748,433	$2,776,560
2018	$21,236,832	$20,680,476	$5,979,143	$556,356

COMMUNITY FOOD BANK OF CENTRAL ALABAMA