THE FOODBANK INC (EIN 861082880) - 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

2004

Legal Domicile

Principal Officer

MICHELLE L RILEY

Phone

9374610265

Tax Period

2024-07-01 to 2025-06-30

THE FOODBANK INC, founded in 2004, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $36.0M in total revenue in fiscal year 2024. Expenses of $34.8M left a modest 3% surplus.

Mission

ELIMINATING HUNGER AND ITS ROOT CAUSES

🔒

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 $35,727,672

Program Service Revenue $0

Investment Income $271,685

Other Revenue $36,899

TOTAL REVENUE $36,036,256

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,501,376

Fundraising Expenses $1,000,231

Program Expenses $32,329,678

Other Expenses $30,323,732

TOTAL EXPENSES $34,825,108

Year-over-Year Comparison

	2024	2023	Change
Revenue	$36,036,256	$33,684,761	+0.1%
Expenses	$34,825,108	$33,166,674	+0.1%
Net Income	$1,211,148	$518,087	+1.3%

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

102

Volunteers

2536

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

$260,037

Total Directors

$260,037

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE GIROUARD	TREASURER	1.00	Officer Director	$0	$0	$0
JAMES COSBY JR	BOARD MEMBER	1.00	Director	$0	$0	$0
JANA COLLIER	BOARD MEMBER	1.00	Director	$0	$0	$0
KANDISE BOBO	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY HEDRICK	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHELLE RILEY	CHIEF EXECUTIVE OFFICER	40.00	Officer Director	$238,792	$21,245	$260,037
PAT HOBBY	CHAIR	1.00	Officer Director	$0	$0	$0
TROY ERBES	VICE CHAIR	1.00	Officer Director	$0	$0	$0
ADRIAN TAYLOR	BOARD MEMBER	1.00	Director	$0	$0	$0
DEIDRA YOCUM	BOARD MEMBER	1.00	Director	$0	$0	$0
KATE MCEWEN	CHIEF OPERATING OFFICER	40.00	Highest	$108,447	$16,607	$125,054
LEE TRUESDALE	CHIEF DEVELOPMENT OFFICER	40.00	Highest	$136,438	$17,280	$153,718

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	$36,036,256	$34,825,108	$27,888,476	$1,211,148
2024	$33,684,761	$33,166,674	$25,360,056	$518,087
2023	$34,023,541	$31,025,018	$23,776,633	$2,998,523
2022	$27,891,927	$25,767,631	$20,325,458	$2,124,296
2022	$27,891,927	$25,767,631	$20,325,458	$2,124,296
2021	$32,770,442	$27,619,351	$19,261,746	$5,151,091
2021	$32,770,442	$27,619,351	$19,261,746	$5,151,091
2020	$25,695,418	$22,495,456	$13,159,929	$3,199,962
2019	$21,968,715	$19,738,329	$9,712,963	$2,230,386
2018	$16,034,285	$15,588,464	$7,226,922	$445,821

THE FOODBANK INC