FAIRBANKS COMMUNITY FOOD BANK SERV… - Form 990 Financial Data

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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

1982

Legal Domicile

Principal Officer

ANNE WEAVER

Phone

9074574273

Tax Period

2024-07-01 to 2025-06-30

FAIRBANKS COMMUNITY FOOD BANK SERVICE INC, founded in 1982, is a mid-sized nonprofit in the Food, Agriculture & Nutrition sector that reported $10.4M in total revenue in fiscal year 2024. Expenses of $12.1M exceeded revenue, resulting in a 17% operating deficit.

Mission

TO PROVIDE FOOD FOR HUNGRY PEOPLE AND TO DISTRIBUTE SURPLUS FOOD THAT WOULD ORDINARILY BE DISCARDED.

Program Service Accomplishments

Program 1

Expenses: $11,592,911 Revenue: $151,900

DISTRIBUTION OF EMERGENCY FOOD BOXES FOR NEEDY PEOPLE AND ASSIST OTHER NONPROFIT ORGANIZATIONS SERVING PREPARED MEALS TO THE NEEDY. VOLUNTEERS SERVED 27,042 HOURS AND THE ORGANIZATION PROCESSED...

DISTRIBUTION OF EMERGENCY FOOD BOXES FOR NEEDY PEOPLE AND ASSIST OTHER NONPROFIT ORGANIZATIONS SERVING PREPARED MEALS TO THE NEEDY. VOLUNTEERS SERVED 27,042 HOURS AND THE ORGANIZATION PROCESSED 3,415,603 POUNDS OF FOOD DURING THE PERIOD 7/01/24 THROUGH 6/30/25.

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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 $9,876,967

Program Service Revenue $151,900

Investment Income $355,094

Other Revenue $0

TOTAL REVENUE $10,383,961

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,235,609

Fundraising Expenses $226,214

Program Expenses $11,592,911

Other Expenses $10,771,687

TOTAL EXPENSES $12,110,097

Year-over-Year Comparison

	2024	2023	Change
Revenue	$10,383,961	$10,528,024	0.0%
Expenses	$12,110,097	$8,908,106	+0.4%
Net Income	$-1,726,136	$1,619,918	-2.1%

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

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

$133,409

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RAY BRONSON	MEMBER	2.00	Director	$0	$0	$0
TREVOR HANSON	MEMBER	2.00	Director	$0	$0	$0
HOLLIS HALL	TREASURER	2.00	Officer Director	$0	$0	$0
GENEVIEVE BELL	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DEREK DICKINSON	MEMBER	2.00	Director	$0	$0	$0
GENE THERRIAULT	PRESIDENT	2.00	Officer Director	$0	$0	$0
PATTY WALTER	SECRETARY	2.00	Officer Director	$0	$0	$0
URIAH NALIKAK	PAST PRESIDENT	2.00	Officer Director	$0	$0	$0
NANCY HANSON	MEMBER	2.00	Director	$0	$0	$0
RON WALL	MEMBER	2.00	Director	$0	$0	$0
MARISA SHARRAH	MEMBER	2.00	Director	$0	$0	$0
BOB HAJDUKOVICH	MEMBER	2.00	Director	$0	$0	$0
CHAD HUTCHISON	MEMBER	2.00	Director	$0	$0	$0
ANNE WEAVER	CHIEF EXECUTIVE OFFICER	40.00	Officer	$0	$2,290	$113,811
GLORIA PIES	FINANCIAL CONSULTANT	2.00	Officer	$19,598	$0	$19,598

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	$10,383,961	$12,110,097	$11,752,711	$-1,726,136
2024	No data	No data	No data	No data
2023	$7,676,036	$6,845,243	$11,724,484	$830,793
2022	$9,558,407	$6,673,565	$10,872,627	$2,884,842
2021	$2,986,598	$1,753,053	$7,368,599	$1,233,545
2020	$2,770,796	$1,676,105	$6,193,668	$1,094,691
2019	$1,249,864	$1,407,364	$4,996,663	$-157,500
2018	$1,267,839	$1,382,889	$5,115,356	$-115,050

FAIRBANKS COMMUNITY FOOD BANK SERVICE INC