Foodbank of Santa Barbara County Inc (EIN 770169214) - 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

1982

Legal Domicile

Principal Officer

Erik Talkin

Phone

8059675741

Tax Period

2024-07-01 to 2025-06-30

Foodbank of Santa Barbara County Inc, founded in 1982, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $30.9M in total revenue in fiscal year 2024. Expenses of $28.5M left a modest 8% surplus.

Mission

To end hunger and transform the health of Santa Barbara County through good nutrition by providing nourishment, acquiring and distributing safe nutritious food via local agencies (10 million pounds per year) and giving education to solve food security and nutritional problems.

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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 $29,071,514

Program Service Revenue $408,766

Investment Income $978,111

Other Revenue $480,547

TOTAL REVENUE $30,938,938

Expense Breakdown

Grants Paid $0

Salaries & Benefits $6,021,286

Fundraising Expenses $1,848,241

Program Expenses $25,124,675

Other Expenses $22,441,913

TOTAL EXPENSES $28,463,199

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,938,938	$28,862,336	+0.1%
Expenses	$28,463,199	$27,610,922	+0.0%
Net Income	$2,475,739	$1,251,414	+1.0%

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

1964

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

$459,613

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Erik Talkin	CEO	40.00	Officer	$233,207	$27,441	$260,648
Carrie Wanek	CFO	40.00	Officer	$175,033	$23,932	$198,965
Paul Wilkins	COO	40.00		$151,334	$21,400	$172,734
Nathalie Keller	Chief Develop Ofc.	40.00		$150,599	$16,574	$167,173
Alisse Harris	Dir Strat Giving	40.00		$133,108	$19,348	$152,456
Lisa Skvarla	Chief People Ofc.	40.00		$139,396	$12,240	$151,636
Lacey Johnston	Chief Impact Ofc.	40.00		$138,427	$12,722	$151,149
Christine Bisson	Chair	5.00	Officer Director	$0	$0	$0
David Bishop	Vice Chair	5.00	Officer Director	$0	$0	$0
Melissa Petersen	Treasurer	5.00	Officer Director	$0	$0	$0
Charlie Stolar	Secretary	5.00	Officer Director	$0	$0	$0
Krista Triede	Director	2.00	Director	$0	$0	$0
Jason Stilwell	Director	2.00	Director	$0	$0	$0
Tim Harrington	Director	2.00	Director	$0	$0	$0
Barry Spector	Director	2.00	Director	$0	$0	$0
Ted Bruckner	Director	2.00	Director	$0	$0	$0
Magdalena Serrano	Director	2.00	Director	$0	$0	$0
Sheraton Kalouria	Director	2.00	Director	$0	$0	$0
George Bean	Director	2.00	Director	$0	$0	$0
Carol Olson	Director	2.00	Director	$0	$0	$0
Yvette Cope	Director	2.00	Director	$0	$0	$0
Don Lafler	Director	5.00	Director	$0	$0	$0
Erwin Villegas	Director	2.00	Director	$0	$0	$0
Monica Solorzano	Director	2.00	Director	$0	$0	$0
Jana Johnston	Director	2.00	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
2025	$30,938,938	$28,463,199	$53,942,272	$2,475,739
2024	$28,862,336	$27,610,922	$51,901,348	$1,251,414
2023	$28,921,281	$26,074,997	$49,938,054	$2,846,284
2022	$42,194,834	$24,176,811	$46,545,657	$18,018,023
2021	$40,150,474	$32,602,763	$21,738,268	$7,547,711
2020	$29,541,043	$25,197,607	$14,710,652	$4,343,436
2019	$21,566,548	$17,926,379	$9,722,170	$3,640,169
2018	$19,605,921	$17,989,905	$6,064,493	$1,616,016

Foodbank of Santa Barbara County Inc