Food Bank of Alaska

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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

1979

Legal Domicile

Principal Officer

Cara Durr

Phone

9072723663

Tax Period

2024-07-01 to 2025-06-30

Food Bank of Alaska, founded in 1979, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $31.1M in total revenue in fiscal year 2024. Revenue surged 43% from the prior year, signaling strong growth momentum.

Mission

FBA believes no one deserves to be hungry. We are dedicated to eliminating hunger in Alaska by obtaining and providing food to partner agencies and through anti-hunger leadership.

Program Service Accomplishments

Program 1

Expenses: $27,642,594 Revenue: $851,808

Acquiring, storing, and distributing donated, government, and purchased food to our agency partners who feed families and seniors who need food assitance in order to enjoy a healty, active life.

Program 2

Expenses: $2,432,442

Provide grants to statewide organizations to expand the infrastructure capacity of food banks, food pantries, and meal programs. Invest in the needed infrastructure that helps meet the needs of food...

Program 3

Expenses: $736,613

Through advocacy and policy development, remove barries to food assistance for all Alaskans in need and reducing or eliminating the root causes of hunger. Providing assistance to eligible Alaskans in...

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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 $30,024,159

Program Service Revenue $851,808

Investment Income $150,301

Other Revenue $86,048

TOTAL REVENUE $31,112,316

Expense Breakdown

Grants Paid $2,548,368

Salaries & Benefits $3,399,946

Fundraising Expenses $217,933

Program Expenses $30,811,649

Other Expenses $24,863,335

TOTAL EXPENSES $30,811,649

Year-over-Year Comparison

	2024	2023	Change
Revenue	$31,112,316	$21,692,330	+0.4%
Expenses	$30,811,649	$23,264,237	+0.3%
Net Income	$300,667	$-1,571,907	-1.2%

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

1400

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

$270,269

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARA DURR	Chief Executive Off	40.00	Officer	$138,663	$15,125	$153,788
JENNY DI GRAPPA	CPO	40.00	Highest	$106,176	$15,125	$121,301
BARB SEIBEL	CFO	40.00	Officer	$101,356	$15,125	$116,481
CLAUDIA RUSSELL	Treasurer	2.00	Director	$0	$0	$0
ELIZABETH NOBMANN	Member	2.00	Director	$0	$0	$0
ROBIN PHILLIPS	Member	2.00	Director	$0	$0	$0
TANI KRON	Member	2.00	Director	$0	$0	$0
JOE RYBAK	Member	2.00	Director	$0	$0	$0
RICH SEWELL	Member	2.00	Director	$0	$0	$0
KATIE PESZNECKER	Secretary	2.00	Director	$0	$0	$0
WALT PICKETT	Member	2.00	Director	$0	$0	$0
NIKKI BRAYBOY	Member	2.00	Director	$0	$0	$0
AMY DEBRUHL	Member	2.00	Director	$0	$0	$0
KATRIA KANGAS	President	2.00	Director	$0	$0	$0
JENNIFER COUGHLIN	Member	2.00	Director	$0	$0	$0
MILENA SEVIGNY	Member	2.00	Director	$0	$0	$0
MARCI MCGILL	Member	2.00	Director	$0	$0	$0
ASTRIT ILJAZI	Member	2.00	Director	$0	$0	$0
LISA SIMMONS	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
2025	$31,112,316	$30,811,649	$25,354,472	$300,667
2024	$21,692,330	$23,264,237	$21,434,052	$-1,571,907
2023	$23,059,849	$19,505,569	$21,638,778	$3,554,280
2022	$18,038,265	$18,205,173	$18,063,085	$-166,908
2021	$33,131,503	$23,721,993	$18,765,811	$9,409,510