Overview
What is Neighborhood Food Bank?
The Neighborhood Food Bank, situated in Forest City, Iowa, is a dedicated nonprofit organization. Its primary mission is to alleviate food insecurity within the northern Iowa region. By offering food assistance, the Neighborhood Food Bank aims to prevent residents from experiencing a food crisis situation. The nonprofit's activities revolve around providing essential nourishment to individuals in need, contributing to their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Neighborhood Food Bank has achieved a strong 94% rating from Charity Navigator, highlighting its commitment to accountability and finance. This rating reflects a perfect score in multiple categories, indicating that the organization effectively manages its resources and maintains a high level of transparency. The focus on independent board governance is also commendable, with 100% of board members being independent.
The organization demonstrates impressive fiscal responsibility, with a program expense ratio of 98.21%, signifying that nearly all of its financial resources are directed toward its mission of providing food assistance. Additional strengths include well-documented policies on conflict of interest, whistleblower protections, and document retention, ensuring that the organization adheres to best practices in nonprofit governance.
While the Neighborhood Food Bank has shown no material diversion of assets and maintains a zero liability-to-assets ratio, the data does not highlight any specific challenges or areas for improvement. Overall, the organization exemplifies strong financial health and governance, reinforcing its reliability as a charitable entity dedicated to combating food insecurity.
This AI summary has been generated from information found on Charity Navigator.
Is Neighborhood Food Bank legitimate?
Neighborhood Food Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood 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.
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What is the mission statement of Neighborhood Food Bank?
The Neighborhood Food Bank, as stated in its mission description, is committed to providing food to individuals in need situated in Northern Iowa. This organization works tirelessly to prevent a food crisis situation within the region, ensuring that its residents have access to nutritious meals. By offering food assistance, the Neighborhood Food Bank contributes significantly to the well-being and nourishment of its community members in need.
Who is the CEO of Neighborhood Food Bank?
Dave Melby is the President of Neighborhood Food Bank.
What is the revenue of Neighborhood Food Bank?
Neighborhood Food Bank's revenue in 2022 was $66,579.
Who are the executives of Neighborhood Food Bank and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for Neighborhood Food Bank?
Neighborhood Food Bank's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Neighborhood Food Bank
The Neighborhood Food Bank, a notable organization, is committed to a mission that resonates deeply in Northern Iowa. Its primary objective is to alleviate food insecurity among individuals in the region. By providing food resources, this nonprofit plays a significant role in ensuring that the residents of Northern Iowa are shielded from the harsh realities of a food crisis situation. The Neighborhood Food Bank's activities are geared towards upholding the dignity and well-being of its community members, offering them a chance to lead fulfilling lives free from the distress of food scarcity.
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Impact
August, 2024
Neighborhood Food Bank's impact is significant in Northern Iowa as it helps individuals in need access food, ensuring they do not face a food crisis situation. By providing this essential resource, Neighborhood Food Bank plays a crucial role in supporting the well-being of residents in the region.
This information is meant to be a general summary of Neighborhood 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: $458
- Gross Receipts: $66,579
Assets and Liabilities:
- Total Assets: $89,588
- Total Liabilities: $0
- Net Assets: $89,588
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Organization Details
Founding Year
1984
Phone
(641) 585-1360Principal Officer
Dave Melby
Main Address
PO BOX 185, FOREST CITY, IA, 50436
NTEE Category
Code: K31 - Food
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