Overview
What is Food Bank Of Northern Indiana Inc?
Food Bank of Northern Indiana Inc is a dedicated nonprofit organization based in South Bend, Indiana, with a mission to address hunger and create awareness of its impacts within their six-county community. They partners with the public to distribute an impressive 12.2 million pounds of food to local nonprofits and individuals in need each year. Their activities primarily focus on food distribution, aiming to alleviate hunger and improve overall well-being. With a team of 30 employees, they work tirelessly to ensure the hunger needs of their region are met.
Official website here: www.feedindiana.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
Food Bank Of Northern Indiana Inc has achieved an impressive 99% rating from Charity Navigator, reflecting its strong commitment to accountability and impactful service delivery. The organization excels in both Accountability & Finance and Impact & Measurement, with scores of 97 and 100 respectively. This indicates a solid financial management structure and an effective approach to measuring their program outcomes.
The nonprofit's Program Expense Ratio stands at an outstanding 95.92%, showcasing that a significant portion of its funding is directed towards its mission-driven programs. Additionally, their fundraising efficiency is notably high at just $0.022 per dollar raised, indicating low costs associated with fundraising efforts. The cost per meal provided is also less than 75% of the local meal cost, demonstrating their efficiency in combating hunger in the community.
Despite these strengths, the working capital ratio of 0.54 years suggests that the organization may have less than ideal reserves for covering operational expenses over time. However, the overall performance metrics strongly position the Food Bank Of Northern Indiana Inc as a highly effective and reliable charity in their mission to alleviate hunger.
This AI summary has been generated from information found on Charity Navigator.
Is Food Bank Of Northern Indiana Inc legitimate?
Food Bank Of Northern Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Food Bank Of Northern Indiana 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: $160,931
Professional Fundraising Fees: $346,319
Other Salaries and Wages: $469,038
For more financial information, click here
Official website here: www.feedindiana.org
What is the mission statement of Food Bank Of Northern Indiana Inc?
The Food Bank of Northern Indiana Inc is dedicated to addressing the issue of hunger within its community. Through collaborative efforts, the organization works towards providing food to those in need. In 2022, an impressive 12,245,561 pounds of food were distributed to non-profit organizations and individuals in the six-county area served by the Food Bank. The mission extends beyond just food distribution; it also involves raising awareness about the impacts of hunger and leading programs designed to alleviate this issue.
Official website here: www.feedindiana.org
Who is the CEO of Food Bank Of Northern Indiana Inc?
Marijo Martinec is the Exec. Direct of Food Bank Of Northern Indiana Inc.
Official website here: www.feedindiana.org
What is the revenue of Food Bank Of Northern Indiana Inc?
Food Bank Of Northern Indiana Inc's revenue in 2022 was $19,745,029.
Official website here: www.feedindiana.org
Who are the executives of Food Bank Of Northern Indiana Inc and what are their salaries?
The average compensation at Food Bank Of Northern Indiana Inc during 2022 was $20,999. There are 30 employees and 6785 volunteers at Food Bank Of Northern Indiana Inc.
Here are 13 key members and their salaries:
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- Other: $14,882
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Official website here: www.feedindiana.org
Where can I find the form 990 for Food Bank Of Northern Indiana Inc?
Food Bank Of Northern Indiana Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.feedindiana.org
Learn more at the official website: www.feedindiana.org
Mission Statement of Food Bank Of Northern Indiana Inc
Food Bank of Northern Indiana Inc, a community-focused organization, is on a mission to tackle the issue of hunger in partnership with local residents. By working hand in hand with the community, this charitable institution aims to not only provide food for those in need but also raise awareness about the far-reaching effects of hunger. The Food Bank leads various programs designed to alleviate hunger and make a lasting impact on the lives of the less fortunate.
In 2022 alone, the Food Bank of Northern Indiana distributed an impressive 12,245,561 pounds of food to nonprofit organizations and individuals within its six-county service area. This significant achievement is a testament to the organization's commitment to addressing the pressing need for food security and ensuring that no one goes hungry. The Food Bank's efforts extend beyond mere food distribution, as it strives to create a ripple effect by increasing awareness of the devastating consequences of hunger on individuals and families.
The Food Bank of Northern Indiana's mission is more than just a noble goal; it's an active force for change that empowers communities and individuals to come together and make a real difference. By uniting efforts and resources, the organization is able to address the root causes of hunger and provide much-needed support to those in need. Through its tireless efforts and unwavering dedication, the Food Bank of Northern Indiana continues to be a beacon of hope in the fight against hunger.
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Impact
October, 2024
Food Bank Of Northern Indiana Inc plays a vital role in combating hunger in the six-county area it serves. In 2022 alone, it distributed over 12 million pounds of food to organizations and individuals, showcasing its significant impact on the local community. By partnering with various stakeholders, the Food Bank addresses food insecurity and works to raise awareness about the issues surrounding hunger. Their programs are designed not only to provide immediate assistance but also to alleviate the long-term effects of food scarcity, fostering a healthier and more informed community.
This information is meant to be a general summary of Food Bank Of Northern Indiana 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: $5,512
- Program Service Revenue: $811,768
- Gross Receipts: $19,745,029
Assets and Liabilities:
- Total Assets: $11,111,558
- Total Liabilities: $195,465
- Net Assets: $10,916,093
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SHARED MAINTENANCE FEES
Revenue
$811,768
Organization Details
Founding Year
1993
Phone
(574) 232-9986Principal Officer
Marijo Martinec
Main Address
702 S CHAPIN, SOUTH BEND, IN, 466012804
Website
www.feedindiana.orgNTEE Category
Code: K310 - Food
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