Overview
What is Ocean Shores Food Bank?
Ocean Shores Food Bank is a nonprofit organization situated in Ocean Shores, Washington. Its primary mission is to ensure no community member experiences hunger. In 2022, they raised funds through two events, totaling $25,487, which included plant sales, ticket sales, donations, and sponsorships, along with investment returns. Their expenses primarily covered the donation and purchase of food, marketing, facility maintenance, and other operational costs. The organization also received contributions, primarily in the form of donated food and cash donations, totaling $584,284. By distributing donated food and purchasing necessary items, Ocean Shores Food Bank provides essential nourishment to those in need within its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating.
Ocean Shores Food Bank has received an impressive score of 84%, showcasing its strong performance in accountability and finance, which stands at 93%. The organization demonstrates effective governance with 100% independent board members and has no material diversion of assets. Their commitment to transparency is evident through their listed conflict of interest and whistleblower policies, as well as consistent documentation practices.
In terms of program efficiency, Ocean Shores Food Bank excels with a program expense ratio of 96.49%, indicating that a significant portion of their funds directly supports their mission. The organization also has a perfect score in culture and community, reflecting robust constituent feedback mechanisms and engagement strategies. The high marks in feedback collection and usage show that they prioritize the voices of those they serve.
While the organization has various strengths, it operates with a limited focus on culture and community, with that score contributing only 7% to the overall rating. Nonetheless, the overall performance suggests that Ocean Shores Food Bank is effectively fulfilling its role in the community, demonstrating both financial responsibility and a strong commitment to stakeholder engagement.
This AI summary has been generated from information found on Charity Navigator.
Is Ocean Shores Food Bank legitimate?
Ocean Shores Food Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ocean Shores 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.
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 Ocean Shores Food Bank?
The Ocean Shores Food Bank's mission is centered around ensuring that no individual in the community experiences hunger. This mission is carried out through various activities, including organizing fundraising events and securing donations of both food and cash. These resources are then utilized to distribute donated food and purchase additional supplies, while also covering facility expenses. The food bank's ultimate goal is to provide sustenance to those in need, thereby ensuring food security for the entire community.
Who is the CEO of Ocean Shores Food Bank?
Lorraine L Hardin is the Executive Director of Ocean Shores Food Bank.
What is the revenue of Ocean Shores Food Bank?
Ocean Shores Food Bank's revenue in 2022 was $539,494.
Who are the executives of Ocean Shores Food Bank and what are their salaries?
There 66 volunteers at Ocean Shores Food Bank.
Here are 10 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
Where can I find the form 990 for Ocean Shores Food Bank?
Ocean Shores Food Bank's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ocean Shores Food Bank
Ocean Shores Food Bank, as its name suggests, is committed to ensuring that no individual in the community experiences hunger. This mission is not merely a statement, but a driving force behind their activities. The organization's efforts are multifaceted, encompassing both fundraising events and the distribution of food to those in need.
In 2022, Ocean Shores Food Bank organized two fundraising events that successfully raised $25,487. This revenue, sourced from plant sales, ticket sales, donations, sponsorships, and investment returns, contributed to their overall operation. The primary expenses for Ocean Shores Food Bank were related to the acquisition and distribution of food. This included donated food, which amounted to $413,171, and purchased foods, costing $33,071. The organization also incurred facility expenses totaling $30,444.
Beyond these operational expenses, Ocean Shores Food Bank received contributions of $584,284. A significant portion of this contribution, $441,301, was in the form of donated food. The remaining $143,523 was in the form of cash donations. By providing this essential support, Ocean Shores Food Bank is able to serve its community, ensuring that no one goes hungry.
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
Ocean Shores Food Bank's impact is profound in ensuring that no one in the community goes hungry. In 2022, the food bank organized two successful fundraising events that raised a total of $25,487 through activities like plant sales, ticket sales, donations, and sponsorships. This revenue, along with investment returns, helped support the food bank's operations.
The food bank's service program expenses included distributing $412,171 worth of donated food and $33,071 in purchased foods to those in need. Additionally, the facility expenses were $30,444. A significant contribution of $584,284 was made to the food pantry, consisting of $441,301 in donated food and $143,523 in cash donations.
Through these efforts, Ocean Shores Food Bank is making a tangible difference in the lives of individuals and families facing food insecurity in Ocean Shores, Washington.
This information is meant to be a general summary of Ocean Shores 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: $2,604
- Gross Receipts: $539,494
Assets and Liabilities:
- Total Assets: $612,285
- Total Liabilities: $0
- Net Assets: $612,285
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2013
Phone
(360) 289-2171Principal Officer
Lorraine L Hardin
Main Address
PO Box 1293, Ocean Shores, WA, 98569
NTEE Category
Code: K31 - Food
If you are a representative of Ocean Shores Food Bank 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.