WEST ALABAMA FOOD BANK INC

EIN: 630947676 501(c)(3)

TUSCALOOSA, AL

Total Revenue
$8,562,216
Total Expenses
$8,164,525
Total Assets
$9,530,505
Net Assets
$7,889,045
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1986
Principal Officer
JEAN RYKACZEWSKI
Phone
2053335353
Tax Period
2023-01-01 to 2023-12-31

WEST ALABAMA FOOD BANK INC, founded in 1986, is a community nonprofit that reported $5.8M in total revenue in fiscal year 2018.

Mission

OUR MISSION IS TO HELP ALLEVIATE HUNGER AND FOOD INSECURITY IN WEST ALABAMA.

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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 $7,904,491
Program Service Revenue $595,413
Investment Income $62,312
Other Revenue $0
TOTAL REVENUE $8,562,216

Expense Breakdown

Grants Paid $0
Salaries & Benefits $781,694
Fundraising Expenses $75,855
Program Expenses $7,716,415
Other Expenses $7,379,640
TOTAL EXPENSES $8,164,525

Year-over-Year Comparison

2023 2022 Change
Revenue $8,562,216 $9,734,130 -0.1%
Expenses $8,164,525 $7,303,239 +0.1%
Net Income $397,691 $2,430,891 -0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Governance

Voting Members
16
Independent Members
16
Employees
16
Volunteers
N/A

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
16
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEAN RYKACZEWSKI CEO 40.00
Highest
$148,029 $728 $148,757
LYNNE APRIL DIRECTOR 1.00
Director
$0 $0 $0
MARCUS CAMPBELL DIRECTOR 1.00
Director
$0 $0 $0
MATT COLLINS DIRECTOR 1.00
Director
$0 $0 $0
ANNIE DEE DIRECTOR 1.00
Director
$0 $0 $0
NORMAN HUNTER DIRECTOR 1.00
Director
$0 $0 $0
DUSTI MONK SECRETARY 1.00
Officer Director
$0 $0 $0
RUSS NEVIN DIRECTOR 1.00
Director
$0 $0 $0
BEVERLY PHIFER DIRECTOR 1.00
Director
$0 $0 $0
DR ROGERS SAYERS DIRECTOR 1.00
Director
$0 $0 $0
HOLLY SMITH TREASURER 1.00
Officer Director
$0 $0 $0
MICHAEL SPEARING DIRECTOR 1.00
Director
$0 $0 $0
DEIDRE STALNAKER DIRECTOR 1.00
Director
$0 $0 $0
STEVE SWAFFORD DIRECTOR 1.00
Director
$0 $0 $0
FRED TWILLEY DIRECTOR 1.00
Director
$0 $0 $0
LARRY WILKIN PRESIDENT 1.00
Officer Director
$0 $0 $0
CRAIG WILLIAMS VICE PRESIDE 1.00
Officer 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 $8,562,216 $8,164,525 $9,530,505 $397,691
2022 $9,734,130 $7,303,239 $9,602,412 $2,430,891
2021 $9,116,347 $8,210,580 $6,135,575 $905,767
2021 $9,122,608 $8,157,630 $6,185,841 $964,978
2020 $9,048,574 $7,185,084 $4,611,673 $1,863,490
2019 $6,088,171 $5,967,594 $2,827,443 $120,577
2018 $5,780,201 $5,613,437 $2,435,467 $166,764
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