Durango Food Bank (EIN 841569247) - 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

1998

Legal Domicile

Phone

9703752672

Tax Period

2023-01-01 to 2023-12-31

Durango Food Bank, founded in 1998, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 138% from the prior year, signaling strong growth momentum. The organization ran a surplus of $533K, a strong 30% operating margin.

Mission

Working in collaboration with our community to feed and empower our neighbors in need.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,795,704

Program Service Revenue $0

Investment Income $1,500

Other Revenue $1,463

TOTAL REVENUE $1,798,667

Expense Breakdown

Grants Paid $0

Salaries & Benefits $161,545

Fundraising Expenses $5,524

Program Expenses $1,241,135

Other Expenses $1,104,486

TOTAL EXPENSES $1,266,031

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,798,667	$755,594	+1.4%
Expenses	$1,266,031	$624,505	+1.0%
Net Income	$532,636	$131,089	+3.1%

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

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

$83,430

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Sarah Smith	Executive Dir.	55.00	Officer	$83,430	$0	$83,430
Renea Young	Board Chair	6.00	Officer Director	$0	$0	$0
Jane Dunn	Secretary	2.00	Officer Director	$0	$0	$0
Robert Whitson	Director	2.00	Director	$0	$0	$0
Michelle Sainio	Treasurer	2.00	Officer Director	$0	$0	$0
Peter Brower	Director	1.00	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
2024	No data	No data	No data	No data
2023	$1,798,667	$1,266,031	$1,810,189	$532,636
2022	$755,594	$624,505	$1,277,519	$131,089
2021	$1,306,872	$1,129,427	$1,239,895	$177,445
2020	$1,621,362	$1,142,833	$1,067,535	$478,529
2019	$474,431	$453,775	$596,589	$20,656
2018	$616,201	$519,017	$572,795	$97,184

Durango Food Bank