ORCAS ISLAND FOOD BANK (EIN 911255700) - 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

1984

Legal Domicile

Principal Officer

JAMIE CIER

Phone

3603764986

Tax Period

2024-01-01 to 2024-12-31

ORCAS ISLAND FOOD BANK, founded in 1984, is a community nonprofit that reported $3.6M in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 54% operating margin.

Mission

THE MISSION OF THE ORCAS ISLAND FOOD BANK IS TO WORK WITH OUR COMMUNITY TO PREVENT HUNGER.

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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 $3,378,416

Program Service Revenue $0

Investment Income $181,975

Other Revenue $0

TOTAL REVENUE $3,560,391

Expense Breakdown

Grants Paid $731,390

Salaries & Benefits $409,121

Fundraising Expenses $0

Program Expenses $1,442,834

Other Expenses $481,807

TOTAL EXPENSES $1,622,318

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,560,391	$2,259,582	+0.6%
Expenses	$1,622,318	$1,289,249	+0.3%
Net Income	$1,938,073	$970,333	+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

131

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

$92,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMANDA SPARKS-DEMPSTER	EXECUTIVE DI	40.00	Officer	$92,000	$0	$92,000
ROBERT A MORRIS	PRESIDENT	15.00	Officer Director	$0	$0	$0
RICK RHOADES	VICE PRESIDE	9.00	Officer Director	$0	$0	$0
JAMIE CIER	TREASURER	25.00	Officer Director	$0	$0	$0
BOGDAN KULMINSKI	SECRETARY	9.00	Officer Director	$0	$0	$0
EVAN BUXBAUM	BOARD MEMBER	2.00	Director	$0	$0	$0
MIKE BREEN	BOARD MEMBER	2.00	Director	$0	$0	$0
JANINE HEIMERICH	BOARD MEMBER	2.00	Director	$0	$0	$0
JULIE MCNEILL	BOARD MEMBER	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
2024	$3,560,391	$1,622,318	$5,966,858	$1,938,073
2023	$2,259,582	$1,289,249	$3,954,742	$970,333
2022	$2,341,600	$1,257,907	$2,850,876	$1,083,693
2021	$1,752,313	$633,346	$1,806,975	$1,118,967
2020	$1,018,771	$644,644	$685,338	$374,127

ORCAS ISLAND FOOD BANK