Laredo Regional Food Bank (EIN 742263742) - Form 990 Financial Analysis & Trantor Score

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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

1983

Legal Domicile

Principal Officer

Robert Mendiola

Phone

9567233725

Tax Period

2024-01-01 to 2024-12-31

Laredo Regional Food Bank, founded in 1983, is a small nonprofit in the Mutual Benefit sector that reported $114K in total revenue in fiscal year 2024. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $156K exceeded revenue, resulting in a 37% operating deficit.

Mission

The Food Bank receives donated food and purchases food as supplement It distributes food to other Charities and low incocme families

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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 $87,814

Program Service Revenue $26,185

Investment Income $8

Other Revenue $0

TOTAL REVENUE $114,007

Expense Breakdown

Grants Paid $20,823

Salaries & Benefits $87,974

Fundraising Expenses $0

Other Expenses $47,644

TOTAL EXPENSES $156,441

Year-over-Year Comparison

	2024	2023	Change
Revenue	$114,007	$249,209	-0.5%
Expenses	$156,441	$195,766	-0.2%
Net Income	$-42,434	$53,443	-1.8%

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

N/A

Independent Members

N/A

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
ROBERT MENDIOLA	President	Officer Director	$0	$0	$0
RAFAEL PEREZ	Board Member	Director	$0	$0	$0
RAFAEL I TORRES	Treasurer	Officer Director	$0	$0	$0
EVA DELGADO	Secretary	Officer Director	$0	$0	$0
ADOLFO GONZALEZ	Board Member	Director	$0	$0	$0
JUAN VARGAS	Vice President	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	$114,007	$156,441	$357,405	$-42,434
2023	$249,209	$195,766	$352,581	$53,443
2022	$193,073	$133,365	$220,463	$59,708
2021	$136,090	$150,184	$167,833	$-14,094
2020	$375,995	$352,505	$158,727	$23,490
2019	$132,405	$126,299	$161,659	$6,106
2018	$182,937	$179,833	$153,922	$3,104

Laredo Regional Food Bank