Overview
What is Golden Backpack Program Inc?
Golden Backpack Program Inc is a dedicated nonprofit organization based in the Golden community, committed to enhancing food security. They achieve this goal by forming innovative partnerships and implementing programs. By collaborating with local grocery stores, a meat/dairy provider, and the Food Bank of the Rockies, they are able to provide fresh and nutritious food to those in need. Their primary program, a fresh food pantry, plays a significant role in addressing food insecurity within the community. During challenging times, their mission remains unwavering: to educate, support, and overcome obstacles together, ensuring food security for all residents of Golden.
Official website here: www.bgoldn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62%, Two-Star out of Four Star rating)
The Golden Backpack Program Inc has received a two-star rating from Charity Navigator, indicating areas needing improvement. While the organization has a strong score in culture and community, at 91%, its financial accountability score is notably lower at 56%. This disparity suggests that while the program engages well with constituents and shows a commitment to community, there are significant concerns regarding the financial management and operational transparency.
Strengths of the organization include a fully independent board and comprehensive policies, such as conflict of interest and whistleblower policies, which are all properly listed. The organization has also excelled in feedback collection and usage, scoring 100% in these areas. This shows a strong commitment to understanding and addressing the needs and concerns of those they serve.
However, limitations noted include missing financial statements on the nonprofit's website and a concerning program expense ratio of 45.46%. Additionally, the liabilities to assets ratio of 16.12% raises potential red flags regarding financial sustainability. Addressing these financial metrics could greatly enhance the organization’s overall rating and effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Golden Backpack Program Inc legitimate?
Golden Backpack Program Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Golden Backpack Program 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:
Executive Compensation: $145,461
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.bgoldn.org
What is the mission statement of Golden Backpack Program Inc?
The Golden Backpack Program Inc's mission is centered around enhancing food security within their community. They achieve this goal through innovative partnerships and initiatives. Currently, the need for healthier food options is paramount, and the organization addresses this demand by obtaining food supplies from local sources like grocery stores, a meat/dairy provider, and the Food Bank of the Rockies. One of their programs, the fresh food pantry, is a key component in their mission to improve food security. In the face of challenges, they continue to educate, support, and work together to overcome these obstacles.
Official website here: www.bgoldn.org
Who is the CEO of Golden Backpack Program Inc?
Kevin M Andrezejewski is the Executive Director of Golden Backpack Program Inc.
Official website here: www.bgoldn.org
What is the revenue of Golden Backpack Program Inc?
Golden Backpack Program Inc's revenue in 2022 was $523,768.
Official website here: www.bgoldn.org
Who are the executives of Golden Backpack Program Inc and what are their salaries?
The average compensation at Golden Backpack Program Inc during 2022 was $29,092. There are 5 employees and 300 volunteers at Golden Backpack Program Inc.
Here are 9 key members and their salaries:
- Compensation: $72,284
- Related: $0
- Other: $7,950
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.bgoldn.org
Where can I find the form 990 for Golden Backpack Program Inc?
Golden Backpack Program Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bgoldn.org
Learn more at the official website: www.bgoldn.org
Mission Statement of Golden Backpack Program Inc
Golden Backpack Program Inc is committed to enhancing food security within its community through innovative partnerships and initiatives. Recognizing the need for healthier food options, the organization engages in various programs, such as acquiring food from local grocery stores, a meat/dairy provider, and the Food Bank of the Rockies. At the heart of its mission, Golden Backpack Program Inc aims to educate, support, and overcome challenges together, now more than ever. The organization's fresh food pantry is a testament to its commitment to providing the community with nutritious food choices, working collaboratively to overcome food insecurity.
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Impact
July, 2024
Golden Backpack Program Inc has made a significant impact on the Golden community by increasing food security through innovative partnerships and programs. By working with local grocery stores, a meat and dairy provider, and the Food Bank of the Rockies, they are able to provide healthier food choices to those in need. Their fresh food pantry helps ensure that individuals and families have access to nutritious food. Through their mission, Golden Backpack Program Inc continues to educate, support, and overcome challenges to address food insecurity in the Golden community.
This information is meant to be a general summary of Golden Backpack Program 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: -$8,260
- Program Service Revenue: $9,096
- Gross Receipts: $523,768
Assets and Liabilities:
- Total Assets: $476,510
- Total Liabilities: $11,677
- Net Assets: $464,833
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EVENT INCOME
Revenue
$4,945
MERCHANDISE
Revenue
$4,151
Organization Details
Founding Year
2014
Principal Officer
Kevin M Andrezejewski
Main Address
1301 ARAPAHOE ST STE 105, GOLDEN, CO, 80401
Website
www.bgoldn.orgNTEE Category
Code: K30 - Food
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