Overview
What is The Banquet?
The Banquet is a nonprofit organization situated in Sioux Falls, South Dakota, with a primary focus on addressing hunger within the community. During the past fiscal year, they served approximately 158,000 meals, including 17,000 for children. Moreover, they distributed 5,680 backpacks filled with school supplies for the 2021-2022 academic year. Their mission is to serve meals to those in need with dignity and respect, and they achieve this by organizing volunteer groups to plan, purchase, prepare, and serve meals. During the 2021 Christmas season, they distributed essential care items like laundry detergent, dish soap, and toilet paper. The Banquet operates as a feeding ministry, providing a safe space where individuals can receive nourishment for both their bodies and souls. With a team of 20 dedicated employees, they continue their mission to support the community in times of need.
Official website here: www.thebanquetsf.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star Rating
The Banquet has earned a commendable three-star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With a score of 88%, the organization demonstrates a solid commitment to financial transparency and effective governance. The majority of board members are independent, and the organization shows no material diversion of assets, indicating responsible management of resources.
The financial health of The Banquet is also notable, with a program expense ratio of 81.68%, which implies that a significant portion of its funding is directed towards its charitable programs. Additionally, the charity has established an Audit and Oversight Committee, further enhancing its financial oversight. However, the absence of a whistleblower policy and a document retention and destruction policy suggests areas for improvement in governance practices.
Overall, while The Banquet showcases strong accountability and financial health, it would benefit from implementing certain policies to bolster its governance framework. The organization’s dedication to maintaining an independent board and high program expenses is a positive indicator of its effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about The Banquet?
98% of 28 reviewers on Facebook recommend The Banquet. Here is a summary of their reviews: The organization is praised for its compassionate approach, going beyond just providing meals. Supporters appreciate that it genuinely cares for individuals, emphasizing a holistic perspective on aid.
Many reviewers express that the organization not only meets basic needs but also nurtures the community, highlighting the personal touch in their service. This focus on caring for both the body and spirit resonates strongly with those who have interacted with The Banquet.
The overall sentiment is one of gratitude and satisfaction, as users feel that The Banquet delivers on its mission to support and empower those in need. Their commitment to the well-being of individuals makes a positive and lasting impact on the community.
This AI summary has been generated from reviews found on Facebook.
Is The Banquet legitimate?
The Banquet is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Banquet 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: $521,542
For more financial information, click here
Official website here: www.thebanquetsf.org
What is the mission statement of The Banquet?
The Banquet, as a feeding ministry, serves the hungry community with dignity and respect. It organizes volunteer groups to plan, purchase, prepare, and serve meals, providing a safe space for individuals to receive both physical and spiritual nourishment. During the fiscal year ending June 30, 2022, The Banquet served 158,000 meals, with 17,000 of those meals going to children. Additionally, they distributed 5,680 backpacks filled with school supplies for the 2021-2022 school year and handed out 700 care packets, laundry detergent, dish soap, and toilet paper during the 2021 Christmas season.
Official website here: www.thebanquetsf.org
Who is the CEO of The Banquet?
Dzenan Berberovic is the President of The Banquet.
Official website here: www.thebanquetsf.org
What is the revenue of The Banquet?
The Banquet's revenue in 2022 was $1,780,545.
Official website here: www.thebanquetsf.org
Who are the executives of The Banquet and what are their salaries?
The average compensation at The Banquet during 2022 was $26,077. There are 20 employees and 12500 volunteers at The Banquet.
Here are 15 key members and their salaries:
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Official website here: www.thebanquetsf.org
Where can I find the form 990 for The Banquet?
The Banquet's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thebanquetsf.org
Learn more at the official website: www.thebanquetsf.org
Mission Statement of The Banquet
The Banquet, a feeding ministry, serves the hungry community of Sioux Falls with dignity and respect. This organization orchestrates volunteer groups to plan, purchase, prepare, and serve meals to those in need. Beyond providing nourishment for the body, The Banquet also offers a safe space where individuals can gather, finding solace for their souls. During the fiscal year ending on June 30, 2022, The Banquet served a total of 158,000 meals, with 17,000 of those meals going to children. Furthermore, the organization distributed 5,680 backpacks filled with school supplies to school children for the 2021-2022 school year. During the 2021 Christmas season, The Banquet handed out 700 care packets, laundry detergent, dish soap, and toilet paper.
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Impact
July, 2024
The impact of The Banquet goes beyond providing meals to those in need in the Sioux Falls community. By offering a safe space where people can gather to receive not only food for the body but also for the soul, The Banquet addresses more than just physical hunger. Through its work, The Banquet fosters a sense of dignity and respect for those it serves, creating a supportive environment for individuals facing food insecurity.
Additionally, by distributing backpacks filled with school supplies to children and care packages to families during the holiday season, The Banquet contributes to enhancing the well-being of vulnerable populations beyond meal provision. These initiatives not only provide practical support but also show compassion and care for those going through challenging circumstances.
Overall, The Banquet's impact can be seen in its holistic approach to addressing the needs of the community it serves, promoting dignity, respect, and support for individuals and families facing food insecurity and other challenges.
This information is meant to be a general summary of The Banquet. 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: $76,605
- Gross Receipts: $2,285,636
Assets and Liabilities:
- Total Assets: $5,782,531
- Total Liabilities: $78,898
- Net Assets: $5,703,633
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Organization Details
Founding Year
2004
Phone
(605) 335-7066Principal Officer
Dzenan Berberovic
Main Address
900 E 8TH STREET, SIOUX FALLS, SD, 57103
Website
www.thebanquetsf.orgNTEE Category
Code: K35 - Food
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