Food Bank of Alaska

EIN: 920073175 501(c)(3) Food, Agriculture & Nutrition

Anchorage, AK

Total Revenue
$31,112,316
Total Expenses
$30,811,649
Total Assets
$25,354,472
Net Assets
$20,093,230
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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
AK
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

Food Bank of Alaska believes no one deserves to be hungry We are dedicated to eliminating hunger in Alaska

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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%)

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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

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Governance

Voting Members
16
Independent Members
16
Employees
57
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
2
$270,269
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
1
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
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