FEEDING THE NEED (EIN 831204728) - Form 990 Financial Analysis & Trantor Score

🔒

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

2018

Legal Domicile

Principal Officer

SCOTT FORTIN

Phone

9015270841

Tax Period

2024-07-01 to 2025-06-30

FEEDING THE NEED, founded in 2018, is a small nonprofit in the Human Services sector that reported $118K in total revenue in fiscal year 2024. Revenue decreased 19% compared to the prior year. Expenses of $811K exceeded revenue, resulting in a 589% operating deficit.

Mission

FEEDING THE NEED IS A NONPROFIT CORPORATION WHOLLY OWNED BY THE MID-SOUTH FOOD BANK. FEEDING THE NEED WAS FORMED ON JULY 10, 2018 FOR THE PURPOSE OF CONSTRUCTING AND OWNING A NEW FACILITY FOR THE MID-SOUTH FOOD BANK'S OPERATIONS. THE FOOD BANK OPERATES AS A CLEARINGHOUSE TO RECEIVE, STORE AND DISTRIBUTE FOOD AND NON-GROCERY ITEMS TO NONPROFIT AGENCIES THAT SERVE THE ILL, NEEDY, CHILDREN AND INFANTS.

🔒

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 $0

Program Service Revenue $117,761

Investment Income $0

Other Revenue $0

TOTAL REVENUE $117,761

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $781,522

Other Expenses $811,328

TOTAL EXPENSES $811,328

Year-over-Year Comparison

	2024	2023	Change
Revenue	$117,761	$144,520	-0.2%
Expenses	$811,328	$937,755	-0.1%
Net Income	$-693,567	$-793,235	-0.1%

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

N/A

Volunteers

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

$598,686

Total Directors

$598,686

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SCOTT FORTIN	PRESIDENT (PART-YEAR)	0.50	Officer Director	$0	$12,040	$142,648
CATHY T POPE	PRESIDENT (PART-YEAR)	0.50	Officer Director	$0	$5,133	$186,698
RICHARD GILL	TREASURER	0.50	Officer Director	$0	$1,550	$154,073
PETER PETTIT	SECRETARY	0.50	Officer Director	$0	$1,919	$115,267
MICHELE ADELMAN	DIRECTOR	0.50	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	$117,761	$811,328	$17,215,070	$-693,567
2024	No data	No data	No data	No data
2023	$191,818	$937,603	$18,689,927	$-745,785
2022	$193,009	$999,588	$19,430,058	$-806,579
2021	$193,009	$946,301	$20,227,023	$-753,292
2020	$193,010	$1,027,899	$21,002,921	$-834,889
2019	$5,128,674	$725,313	$21,991,445	$4,403,361

FEEDING THE NEED