Overview
What is Soddy Daisy Food Bank Inc?
Soddy Daisy Food Bank Inc is a volunteer-driven nonprofit organization situated in Soddy Daisy, Tennessee. Their primary mission is to provide food assistance to families and individuals in need, upholding the belief that everyone has the right to adequate nutrition. Through their dedicated efforts, they have distributed over half a million pounds of food within their service area, demonstrating their commitment to addressing food insecurity in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Soddy Daisy Food Bank Inc has received an 82% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The charity's evaluation is based solely on this single beacon score, indicating a strong commitment to transparency and responsible financial management. An impressive 97.87% program expense ratio suggests that the majority of its funding is directed towards its core mission of providing food assistance.
The organization has achieved full marks in areas such as having an independent board and maintaining a low liabilities to assets ratio of 9.77%, demonstrating financial stability. Furthermore, it exhibits effective governance practices, as evidenced by its regular documentation of board meeting minutes and the presence of an Audit and Oversight Committee.
While the ratings highlight strong accountability, it is important for potential donors and stakeholders to consider how the organization's programs impact the community it serves. Overall, the Soddy Daisy Food Bank Inc shows a commendable capacity for financial management and governance, but continued focus on program effectiveness will enhance its overall impact.
This AI summary has been generated from information found on Charity Navigator.
Is Soddy Daisy Food Bank Inc legitimate?
Soddy Daisy Food Bank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soddy Daisy 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Soddy Daisy Food Bank Inc?
Soddy Daisy Food Bank Inc is an all-volunteer organization that focuses on gathering and distributing food to families and individuals in need. Their mission is deeply rooted in the belief that everyone has the right to adequate nutrition. This volunteer-driven organization is committed to addressing food insecurity by collecting and sharing food resources, ensuring that no one goes hungry. Their activities are centered around upholding this principle and making a positive impact on the lives of those in need. To date, they have distributed over half a million pounds of food within their service area.
Who is the CEO of Soddy Daisy Food Bank Inc?
Roger Graham is the Principal Officer of Soddy Daisy Food Bank Inc.
What is the revenue of Soddy Daisy Food Bank Inc?
Soddy Daisy Food Bank Inc's revenue in 2022 was $777,820.
Who are the executives of Soddy Daisy Food Bank Inc and what are their salaries?
There 55 volunteers at Soddy Daisy Food Bank Inc.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Soddy Daisy Food Bank Inc?
Soddy Daisy Food Bank Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Soddy Daisy Food Bank Inc
Soddy Daisy Food Bank Inc is an all-volunteer organization with a mission to ensure that all individuals and families in need have the right to adequate nutrition. Committed to this cause, the organization gathers and distributes food to those who are struggling. Recognizing the importance of this basic human right, Soddy Daisy Food Bank Inc has successfully distributed over half a million pounds of food to families within its service area.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Soddy Daisy Food Bank Inc has made a significant impact by distributing over 500,000 pounds of food to needy families in the Soddy Daisy service area. Their commitment to gathering and sharing food with families and individuals in need reflects their belief that all persons have a right to adequate nutrition. This impactful work helps address food insecurity and provides essential support to the community.
This information is meant to be a general summary of Soddy Daisy 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: $3,515
- Gross Receipts: $777,820
Assets and Liabilities:
- Total Assets: $421,669
- Total Liabilities: $52,223
- Net Assets: $369,446
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2002
Phone
(423) 760-3489Principal Officer
Roger Graham
Main Address
P O BOX 1468, SODDY DAISY, TN, 37384
NTEE Category
Code: K31 - Food
If you are a representative of Soddy Daisy Food Bank Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.