THE FOOD DRIVE INC (EIN 854141692) - 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

2020

Legal Domicile

Principal Officer

JANA GIMENEZ

Phone

6175017134

Tax Period

2024-01-01 to 2024-12-31

THE FOOD DRIVE INC, founded in 2020, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $559K in total revenue in fiscal year 2024.

Mission

THE CORPORATION WAS ORGANIZED IN MELROSE, MASSACHUSETTS TO PROMOTE FOOD ACCESS, FOOD JUSTICE, AND CLIMATE ACTION. WE PARTNER WITH COMMERCIAL AND COMMUNITY SOURCES TO RESCUE WHOLESOME FOOD THAT WOULD OTHERWISE GO TO WASTE AND DELIVER IT DIRECTLY TO LOCAL PANTRIES, PROGRAMS, AND PEOPLE WITHIN AN APPROXIMATE TEN-MILE RADIUS. A SIGNIFICANT PORTION OF OUR RESCUED FOOD IS FRESH PRODUCE, HELPING TO BRIDGE THE SHORTAGE OF HEALTHY FOOD AVAILABLE TO PEOPLE IN POVERTY

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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 $493,125

Program Service Revenue $0

Investment Income $0

Other Revenue $66,122

TOTAL REVENUE $559,247

Expense Breakdown

Grants Paid $0

Salaries & Benefits $189,840

Fundraising Expenses $0

Program Expenses $581,469

Other Expenses $391,629

TOTAL EXPENSES $581,469

Year-over-Year Comparison

	2024	2023	Change
Revenue	$559,247	$552,010	+0.0%
Expenses	$581,469	$545,436	+0.1%
Net Income	$-22,222	$6,574	-4.4%

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

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

$173,342

Total Directors

$173,342

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANA GIMENEZ	EXECUTIVE DIRECTOR	40.00	Officer Director	$119,158	$0	$119,158
TONY GIMENEZ	PROGRAM DIRECTOR	20.00	Officer Director	$54,184	$0	$54,184
ELIZABETH BIANCO	BOARD PRESIDENT	1.00	Officer Director	$0	$0	$0
BETH BLATCHFORD	TREASURER	1.00	Officer Director	$0	$0	$0
JENNIFER MANNING	CLERK	1.00	Officer Director	$0	$0	$0
JILL TULLY	AT LARGE	1.00	Director	$0	$0	$0
LIANE CASSAVOY	AT LARGE	1.00	Director	$0	$0	$0
ED BUTTS	AT LARGE	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	$559,247	$581,469	$63,399	$-22,222
2023	$552,010	$545,436	$85,621	$6,574
2022	$594,963	$525,936	$79,047	$69,027
2021	$450,405	$440,385	$10,020	$10,020

THE FOOD DRIVE INC