Overview
What is Meridian Food Bank Inc?
Meridian Food Bank Inc, situated in Meridian, Idaho, is a dedicated nonprofit organization that aims to alleviate food insecurity in its community. With a mission to provide emergency food aid, they distributed an impressive 18,156 food baskets in 2022, serving a total of 48,375 individuals, amounting to 1,084,655 pounds of food. The organization's reach primarily extends to low-income families in and around Meridian, Idaho, with their primary activity focused on providing food baskets as a form of assistance. Amidst the city's growth and economic challenges, the need for their services has significantly increased.
Official website here: www.meridianfoodbank.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Meridian Food Bank Inc has received an 80% rating from Charity Navigator, which indicates a solid level of accountability and financial health. The rating is based solely on the organization's performance in the Accountability & Finance beacon, where it excelled in most areas including having a fully independent board and no material diversion of assets, reflecting strong governance practices.
The nonprofit scored particularly well in aspects such as its program expense ratio and liabilities to assets ratio, both of which demonstrate effective financial management and a commitment to its mission. The board’s independence and the transparency in financial practices, such as the distribution of tax forms and meeting minutes, contribute positively to its overall score.
However, the organization faced challenges in fundraising efficiency, with a ratio indicating minimal funds raised relative to expenses. This aspect suggests room for improvement in fundraising strategies to enhance financial sustainability and support its operations better. Overall, while Meridian Food Bank Inc showcases many strengths, addressing its fundraising efficiency could further strengthen its impact.
This AI summary has been generated from information found on Charity Navigator.
Is Meridian Food Bank Inc legitimate?
Meridian Food Bank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Meridian Food Bank Inc 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:
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Official website here: www.meridianfoodbank.org
What is the mission statement of Meridian Food Bank Inc?
The Meridian Food Bank's mission is centered around providing emergency food aid to individuals with low income. This mission primarily extends to the areas surrounding Meridian, Idaho. The food bank distributes food baskets to those in need of emergency assistance. As Meridian's population and economic challenges have increased, so has the demand for their services. In 2022 alone, they distributed 18,156 food baskets, serving a total of 48,375 individuals and providing 1,084,655 pounds of food.
Official website here: www.meridianfoodbank.org
Who is the CEO of Meridian Food Bank Inc?
Dan Clark is the Director of Meridian Food Bank Inc.
Official website here: www.meridianfoodbank.org
What is the revenue of Meridian Food Bank Inc?
Meridian Food Bank Inc's revenue in 2022 was $2,762,951.
Official website here: www.meridianfoodbank.org
Who are the executives of Meridian Food Bank Inc and what are their salaries?
Here are 9 key members and their salaries:
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Official website here: www.meridianfoodbank.org
Where can I find the form 990 for Meridian Food Bank Inc?
Meridian Food Bank Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.meridianfoodbank.org
Learn more at the official website: www.meridianfoodbank.org
Mission Statement of Meridian Food Bank Inc
Meridian Food Bank, a renowned nonprofit organization, is dedicated to providing essential food aid to individuals and families in need, primarily residing in and around Meridian, Idaho. Their mission is twofold: firstly, to offer emergency food assistance to those struggling financially, and secondly, to alleviate hunger in the community. In the face of economic challenges, the demand for their services has significantly increased. As a result, Meridian Food Bank distributed 18,156 food baskets in 2022, serving a total of 48,375 individuals and providing them with 1,084,655 pounds of food. This underscores the organization's commitment to supporting its neighbors in their time of need.
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Impact
October, 2024
Meridian Food Bank Inc has a significant impact on the community by addressing food insecurity among low-income individuals and families. In response to the rising economic challenges, the food bank has adapted to the growing need for emergency food assistance. In 2022 alone, it distributed 18,156 food baskets, serving a total of 48,375 individuals and providing over 1 million pounds of food.
By offering food baskets, it not only alleviates hunger but also supports local families during difficult times. This impactful service strengthens the social fabric of the Meridian area, ensuring that individuals have access to essential nourishment. As the community continues to grow, the food bank remains a vital resource for those in need, fostering a sense of solidarity and support within the region.
This information is meant to be a general summary of Meridian Food Bank Inc. 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: $19,924
- Gross Receipts: $2,762,951
Assets and Liabilities:
- Total Assets: $1,609,103
- Total Liabilities: $0
- Net Assets: $1,609,103
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Organization Details
Founding Year
2004
Phone
(208) 888-5102Principal Officer
Dan Clark
Main Address
133 W BROADWAY AVE, MERIDIAN, ID, 83642
Website
www.meridianfoodbank.orgNTEE Category
Code: K31 - Food
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