NORTHWEST ARKANSAS FOOD BANK

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

KENT EIKENBERRY

Phone

4798728774

Tax Period

2024-01-01 to 2024-12-31

NORTHWEST ARKANSAS FOOD BANK, founded in 1988, is a mid-sized nonprofit that reported $29.9M in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Expenses of $27.1M left a modest 9% surplus.

Mission

TO NOURISH NORTHWEST ARKANSAS COMMUNITIES BY FEEDING HUNGRY PEOPLE THROUGH PARTNERSHIPS WITH OTHER HUNGER RELIEF ORGANIZATIONS.

Program Service Accomplishments

Program 1

Expenses: $25,357,393 Revenue: $3,475,445

NORTHWEST ARKANSAS FOOD BANK IS A PRIVATE, NOT FOR PROFIT ORGANIZATION, PROVIDING SERVICES FOR THE COLLECTION AND DISTRIBUTION OF FOOD ITEMS TO QUALIFYING ORGANIZATIONS IN NORTHWEST ARKANSAS. THE...

NORTHWEST ARKANSAS FOOD BANK IS A PRIVATE, NOT FOR PROFIT ORGANIZATION, PROVIDING SERVICES FOR THE COLLECTION AND DISTRIBUTION OF FOOD ITEMS TO QUALIFYING ORGANIZATIONS IN NORTHWEST ARKANSAS. THE NORTHWEST ARKANSAS FOOD BANK WORKS WITH OVER 130 PARTNER AGENCIES INCLUDING FOOD PANTRIES, SOUP KITCHENS AND SHELTERS TO DISTRIBUTE FOOD TO BENTON, CARROLL, WASHINGTON AND MADISON COUNTIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $26,211,506

Program Service Revenue $3,475,445

Investment Income $165,637

Other Revenue $7,296

TOTAL REVENUE $29,859,884

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,096,180

Fundraising Expenses $800,959

Program Expenses $25,357,393

Other Expenses $23,963,982

TOTAL EXPENSES $27,060,162

Year-over-Year Comparison

	2024	2023	Change
Revenue	$29,859,884	$34,146,699	-0.1%
Expenses	$27,060,162	$25,808,830	+0.0%
Net Income	$2,799,722	$8,337,869	-0.7%

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

5261

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

$309,476

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NIC KENEIPP	BOARD MEMBER	1.00	Director	$0	$0	$0
TRACIE SCHMILL	BOARD MEMBER	1.00	Director	$0	$0	$0
CHRIS CARWILE	BOARD MEMBER	1.00	Director	$0	$0	$0
SAMANTHA DAUGHERTY	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JACLYN HOUSE	SECRETARY	1.00	Officer Director	$0	$0	$0
KENNETH MEDLIN	BOARD MEMBER	1.00	Director	$0	$0	$0
EMI CARDARELLI	PAST CHAIR	1.00	Director	$0	$0	$0
MICHELLE MULLINS	BOARD MEMBER	1.00	Director	$0	$0	$0
KRIS MEADERS	BOARD MEMBER	1.00	Director	$0	$0	$0
JASON HOWARD	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
JUSTIN DELILLE	TREASURER	1.00	Officer Director	$0	$0	$0
LUIS OLIVAREZ	BOARD MEMBER	1.00	Director	$0	$0	$0
MEGAN CROZIER	BOARD MEMBER	1.00	Director	$0	$0	$0
ERICA GRUNDISH	BOARD MEMBER	1.00	Director	$0	$0	$0
ANGIE ALBRIGHT	BOARD MEMBER	1.00	Director	$0	$0	$0
GEOVANNY SARMIENTO	BOARD MEMBER	1.00	Director	$0	$0	$0
RONNIE WEBB	BOARD MEMBER	1.00	Director	$0	$0	$0
ROSS WARNES	BOARD MEMBER	1.00	Director	$0	$0	$0
ALAIN NZIGAMASABO	BOARD MEMBER	1.00	Director	$0	$0	$0
KENT EIKENBERRY	PRESIDENT/CEO	40.00	Officer	$171,787	$3,436	$175,223
TOM STALLBAUMER	VICE PRESIDENT/COO	40.00	Officer	$131,621	$2,632	$134,253

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	$29,859,884	$27,060,162	$34,636,421	$2,799,722
2023	$34,146,699	$25,808,830	$32,615,615	$8,337,869
2022	$34,504,829	$21,002,058	$23,743,890	$13,502,771
2021	$24,502,827	$22,430,531	$9,867,832	$2,072,296
2020	$26,669,666	$23,232,801	$7,858,348	$3,436,865
2019	$18,128,532	$17,780,965	$4,360,693	$347,567
2018	$18,690,379	$18,857,033	$4,022,552	$-166,654