LOS ANGELES REGIONAL FOOD BANK

EIN: 953135649 501(c)(3)

LOS ANGELES, CA

Total Revenue
$273,886,894
Total Expenses
$264,974,473
Total Assets
$167,302,395
Net Assets
$128,196,258
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1977
Legal Domicile
CA
Principal Officer
MICHAEL FLOOD
Phone
3232343030
Tax Period
2024-01-01 to 2024-12-31

LOS ANGELES REGIONAL FOOD BANK, founded in 1977, is a major nonprofit that reported $273.9M in total revenue in fiscal year 2024. Expenses of $265.0M left a modest 3% surplus.

Mission

THE ORGANIZATION'S MISSION IS TO MOBILIZE RESOURCES TO FIGHT HUNGER IN OUR COMMUNITY. TO FULFILL ITS MISSION, THE FOOD BANK:* SOURCES AND ACQUIRES NUTRITIOUS FOOD AND OTHER PRODUCTS AND DISTRIBUTE THEM TO PEOPLE EXPERIENCING NUTRITION INSECURITY THROUGH OUR PARTNER AGENCY NETWORK AND DIRECTLY THROUGH PROGRAMS;* ENERGIZES THE COMMUNITY TO GET INVOLVED AND SUPPORT HUNGER RELIEF;* CONDUCTS HUNGER AND NUTRITION EDUCATION AND AWARENESS CAMPAIGNS AND ADVOCATE FOR PUBLIC POLICIES THAT BENEFIT THE PEOPLE WE SERVE.

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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 $270,709,604
Program Service Revenue $657,302
Investment Income $2,018,699
Other Revenue $501,289
TOTAL REVENUE $273,886,894

Expense Breakdown

Grants Paid $216,399,874
Salaries & Benefits $23,481,428
Fundraising Expenses $4,373,216
Program Expenses $255,069,242
Other Expenses $25,093,171
TOTAL EXPENSES $264,974,473

Year-over-Year Comparison

2024 2023 Change
Revenue $273,886,894 $259,235,417 +0.1%
Expenses $264,974,473 $253,523,053 +0.0%
Net Income $8,912,421 $5,712,364 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
29
Independent Members
28
Employees
296
Volunteers
25220

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
3
$910,890
Total Directors
29
$364,489
Key Employees
11
$2,234,804
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH ADDIS BOARD MEMBER 2.00
Director
$0 $0 $0
LENA AL-SARRAF BOARD MEMBER 2.00
Director
$0 $0 $0
CHRIS QUINTOS CATHCART BOARD MEMBER 2.00
Director
$0 $0 $0
KAREN CORMAN BOARD MEMBER 2.00
Director
$0 $0 $0
ROBIN FAERBER BOARD MEMBER 2.00
Director
$0 $0 $0
ROXANNE FATTAHI BOARD MEMBER 2.00
Director
$0 $0 $0
RON FRIERSON BOARD MEMBER 2.00
Director
$0 $0 $0
CAROL GARCIA BOARD MEMBER 2.00
Director
$0 $0 $0
DEAN HALLETT BOARD MEMBER 2.00
Director
$0 $0 $0
MEREDITH HIGHTOWER BOARD MEMBER 2.00
Director
$0 $0 $0
DYLAN JADEJA BOARD MEMBER 2.00
Director
$0 $0 $0
GADI KAUFMANN BOARD MEMBER 2.00
Director
$0 $0 $0
GARY KIRKPATRICK BOARD CHAIR 2.00
Director
$0 $0 $0
SUE LEONARD BOARD MEMBER 2.00
Director
$0 $0 $0
RICHARD LEUCHTER BOARD MEMBER 2.00
Director
$0 $0 $0
AMANDA MASSUCCI BOARD MEMBER 2.00
Director
$0 $0 $0
SILVANO MERLO BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL MONTGOMERY BOARD MEMBER 2.00
Director
$0 $0 $0
ABHILASH PATEL BOARD MEMBER 2.00
Director
$0 $0 $0
ROBERT PERILLE BOARD MEMBER 2.00
Director
$0 $0 $0
FELIX RECHT BOARD MEMBER 2.00
Director
$0 $0 $0
CARY RUBINSTEIN BOARD MEMBER 2.00
Director
$0 $0 $0
KAREN SESSIONS BOARD MEMBER 2.00
Director
$0 $0 $0
JASON SILVERA BOARD MEMBER 2.00
Director
$0 $0 $0
MARK STEGEMOELLER BOARD MEMBER 2.00
Director
$0 $0 $0
JULIEN THUAN BOARD MEMBER 2.00
Director
$0 $0 $0
MATT TOLEDO BOARD MEMBER 2.00
Director
$0 $0 $0
JUSTIN TONER BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL FLOOD PRESIDENT/CEO 40.00
Officer Director
$326,628 $37,861 $364,489
STEVEN R MEISBERGER CFO 40.00
Officer
$264,800 $10,918 $275,718
WELDON WU CHIEF INFORMATION OFFICER 40.00
Officer
$243,694 $26,989 $270,683
ROGER L CASTLE CHIEF DEVELOPMENT OFFICER 40.00
Key Emp
$270,520 $18,766 $289,286
JEANNA KINDLE CHIEF PROD ACQU. OFFICER 40.00
Key Emp
$206,900 $16,308 $223,208
SCOTT NEWTON SR. DIR. OPERATIONS & LOGISTICS 40.00
Key Emp
$200,841 $13,183 $214,024
ALICIA CARDENAS SR. DIR HR & IDEA 40.00
Key Emp
$185,711 $16,311 $202,022
HILDA AYALA SR. DIR PROGRAMS & POLICY 40.00
Key Emp
$187,551 $3,344 $190,895
ANA MARTINEZ SR. DIR VOLUNTEER SERVICES 40.00
Key Emp
$183,399 $18,752 $202,151
ELIZABETH CERVANTES SR. DIR PROD. ACQUISITION 40.00
Key Emp
$180,938 $20,839 $201,777
PETER FELIX SR. DIR INVENTORY PLANNING 40.00
Key Emp
$182,847 $5,084 $187,931
DAVID E MAY DIRECTOR OF MARKETING 40.00
Key Emp
$160,693 $14,037 $174,730
AMY HASQUET DIRECTOR OF ANNUAL GIVING 40.00
Key Emp
$162,992 $12,322 $175,314
TERRENCE L BROWN DIRECTOR, OPERATIONS & INV 40.00
Key Emp
$159,148 $14,318 $173,466
ANI ARATOUNIANS DIRECTOR OF NUTRITION SERVICES 40.00
Highest
$141,615 $13,465 $155,080
KIMBERLEY F BELCHER-MORRIS DIRECTOR OF MAJOR GIFTS 40.00
Highest
$132,611 $26,658 $159,269
DEBRA BEADLE DIRECTOR OF PLANNED GIVING 40.00
Highest
$136,159 $9,810 $145,969
YESENIA RUIZ CONTROLLER 40.00
Highest
$137,355 $13,186 $150,541
NOEL G VINZON DIRECTOR, TRANSPORTATION & SAFETY 40.00
Highest
$133,822 $4,139 $137,961
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 $273,886,894 $264,974,473 $167,302,395 $8,912,421
2023 $259,235,417 $253,523,053 $161,563,611 $5,712,364
2022 $255,639,354 $244,630,388 $151,094,551 $11,008,966
2021 $249,591,297 $235,915,241 $140,676,925 $13,676,056
2020 $378,473,326 $311,604,426 $129,144,222 $66,868,900
2019 $131,368,814 $125,388,096 $25,474,994 $5,980,718
2018 $115,526,729 $113,272,272 $18,225,288 $2,254,457
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