Overview
What is Galveston County Food Bank?
The Galveston County Food Bank is a nonprofit organization located at 624 4th Ave N, Texas City, Texas 77590. Their primary mission is to establish and manage a food procurement and distribution network that provides nutritious food to individuals in need within the Galveston County area, with a special focus on the working poor. By fostering strong relationships with major food distributors and producers, they efficiently distribute nourishing food to those who require assistance. The food bank effectively serves the community by providing essential sustenance and easing the burden of food insecurity. With a team of 55 employees, they continue to make a difference in the lives of many.
Official website here: www.galvestoncountyfoodbank.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The Galveston County Food Bank has achieved an exemplary Four-Star rating from Charity Navigator, indicating a perfect score in Accountability & Finance. This high rating reflects the organization’s strong commitment to transparency, sound financial management, and effective governance practices, including a fully independent board and comprehensive policies for conflict of interest and whistleblower protection.
Strengths of the organization include an impressive program expense ratio of 96.85%, demonstrating that the vast majority of its funds are directed towards its mission. Additionally, its fundraising efficiency is notably high, with only $0.01 spent to raise each dollar, which highlights the effectiveness of its fundraising efforts. The organization also maintains a solid ratio of liabilities to assets at 0.62%, indicating a healthy financial position.
While no significant limitations were noted in the provided data, maintaining this level of performance will be essential as the organization continues to grow and respond to the needs of the community. Overall, the Galveston County Food Bank stands out as a well-managed nonprofit dedicated to serving its mission efficiently and responsibly.
This AI summary has been generated from information found on Charity Navigator.
Is Galveston County Food Bank legitimate?
Galveston County Food Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Galveston County Food Bank submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,064,610
For more financial information, click here
Official website here: www.galvestoncountyfoodbank.org
What is the mission statement of Galveston County Food Bank?
The Galveston County Food Bank operates a food procurement and distribution network, striving to maximize relationships with major food distributors and producers. Their primary goal is to provide nutritious food to those in need, including the working poor. Through effective distribution channels, they ensure that the community has ongoing access to essential food and household items.
Official website here: www.galvestoncountyfoodbank.org
Who is the CEO of Galveston County Food Bank?
Donald J Vanackeren is the Exec Dir/Pre of Galveston County Food Bank.
Official website here: www.galvestoncountyfoodbank.org
What is the revenue of Galveston County Food Bank?
Galveston County Food Bank's revenue in 2022 was $19,335,471.
Official website here: www.galvestoncountyfoodbank.org
Who are the executives of Galveston County Food Bank and what are their salaries?
The average compensation at Galveston County Food Bank during 2022 was $19,357. There are 55 employees and 2850 volunteers at Galveston County Food Bank.
Here are 13 key members and their salaries:
- Compensation: $97,885
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Official website here: www.galvestoncountyfoodbank.org
Where can I find the form 990 for Galveston County Food Bank?
Galveston County Food Bank's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.galvestoncountyfoodbank.org
Learn more at the official website: www.galvestoncountyfoodbank.org
Mission Statement of Galveston County Food Bank
The Galveston County Food Bank is a vital organization that works tirelessly to establish and sustain a food procurement and distribution network. By fostering strong relationships with major food distributors and producers, this nonprofit ensures the provision of nutritious food for those in need, particularly the "working poor."
In its mission to combat hunger, the Galveston County Food Bank goes above and beyond, effectively distributing nourishing food to individuals and families across the community. Through its extensive network, it bridges the gap between food surplus and food scarcity, ensuring that no one goes without essential provisions. The organization's commitment to providing nutritious food not only alleviates immediate hunger but also supports the overall health and well-being of those it serves.
Despite the name suggesting a focus on Galveston County alone, the reach of the Galveston County Food Bank extends far beyond its namesake. It is an invaluable resource for those in need, creating a comprehensive food distribution network that ensures no one is left behind. The organization's unwavering dedication to its cause is a testament to its mission and its commitment to making a difference in the lives of those it serves.
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Impact
October, 2024
Galveston County Food Bank creates and maintains an essential food procurement and distribution network that delivers nourishing food to those in need across the Galveston County area. By building strong relationships with major food distributors and producers, it effectively channels nutritious food to a diverse population, including the "working poor." This ongoing food distribution network not only addresses immediate hunger but also supports the overall well-being of individuals and families facing food insecurity. Through its dedicated efforts, the organization plays a pivotal role in ensuring that vulnerable communities have access to vital food and household items, thereby enhancing the quality of life for many residents in Texas City and beyond.
This information is meant to be a general summary of Galveston County Food Bank. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $32,410
- Program Service Revenue: $5,779
- Gross Receipts: $19,335,471
Assets and Liabilities:
- Total Assets: $7,423,292
- Total Liabilities: $46,213
- Net Assets: $7,377,079
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$5,779
Organization Details
Founding Year
2004
Phone
(409) 945-4232Principal Officer
Donald J Vanackeren
Main Address
624 4TH AVE N, TEXAS CITY, TX, 77590
NTEE Category
Code: P60 - Human services
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