Overview
What is Food Bank Of Lincoln Inc?
Food Bank of Lincoln Inc, a nonprofit organization located in Lincoln, Nebraska, addresses the issue of hunger in Southeast Nebraska by distributing food to approximately 28,000-34,000 households each month through its 56 non-profit partners and mobile pantry distributions. The organization ensures the safe delivery of donated and purchased food, operating as a crucial hub for receiving, inspecting, storing, and distributing essential provisions. With a team of 45 employees, the Food Bank of Lincoln, Inc. operates as a single program yet employs multiple methods for distribution, including operations, child hunger, and SNAP outreach, all aimed at alleviating hunger in the communities it serves.
Official website here: www.lincolnfoodbank.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Food Bank of Lincoln Inc has achieved a perfect score of 100%, reflecting its strong performance in both accountability and impact. The organization excels in financial transparency, demonstrated by a perfect Accountability & Finance score, and effectively measures its outcomes, as indicated by a 100% Impact & Measurement score. With a program expense ratio of 93.42%, the charity ensures that a significant portion of its funds directly supports its mission to alleviate hunger.
User feedback underscores the Food Bank's importance in the community, with one professional praising its assistance during Hurricane Harvey. Such testimonials highlight the organization's capacity to respond to urgent needs and its dedication to helping those in crisis. This indicates a positive reputation among peers and stakeholders in the nonprofit sector.
Despite its strong ratings, some metrics could suggest areas for improvement, such as the working capital ratio of 0.91 years, which indicates potential financial constraints. Overall, the Food Bank of Lincoln Inc stands out as an effective and transparent organization committed to making a meaningful impact in the fight against hunger.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Food Bank Of Lincoln Inc legitimate?
Food Bank Of Lincoln Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Food Bank Of Lincoln 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: $383,876
Professional Fundraising Fees: $273,287
Other Salaries and Wages: $1,583,113
For more financial information, click here
Official website here: www.lincolnfoodbank.org
What is the mission statement of Food Bank Of Lincoln Inc?
The Food Bank of Lincoln Inc is a nonprofit organization dedicated to addressing food insecurity in sixteen counties in Nebraska. Through its operations, the food bank serves as a crucial intermediary, receiving, inspecting, storing, and distributing donated and purchased food to local non-profit agencies. These agencies, in turn, provide food assistance to low-income individuals within their communities. The food bank employs various methods for distribution, including regular operations, child hunger programs, and SNAP (Supplemental Nutrition Assistance Program) outreach. Its mission is to alleviate hunger in the region by ensuring the availability of nutritious food for those in need.
Official website here: www.lincolnfoodbank.org
Who is the CEO of Food Bank Of Lincoln Inc?
Michaella Kumke is the CEO of Food Bank Of Lincoln Inc The CEO's salary of Food Bank Of Lincoln Inc is $117,549 and their total compensation is $132,471.
Official website here: www.lincolnfoodbank.org
What is the revenue of Food Bank Of Lincoln Inc?
Food Bank Of Lincoln Inc's revenue in 2024 was $20,259,369.
Official website here: www.lincolnfoodbank.org
Who are the executives of Food Bank Of Lincoln Inc and what are their salaries?
The average compensation at Food Bank Of Lincoln Inc during 2024 was $46,833. There are 42 employees at Food Bank Of Lincoln Inc.
Here are 16 key members and their salaries (Food Bank Of Lincoln Inc's CEO's salary is $117,549 and their total compensation is $132,471):
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- Compensation: $117,549
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Official website here: www.lincolnfoodbank.org
Where can I find the form 990 for Food Bank Of Lincoln Inc?
Food Bank Of Lincoln Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.lincolnfoodbank.org
Learn more at the official website: www.lincolnfoodbank.org
Mission Statement of Food Bank Of Lincoln Inc
The Food Bank of Lincoln, Inc. is a nonprofit corporation dedicated to addressing the emergency food needs in the sixteen counties of southeast Nebraska. Established as a key organization for receiving, inspecting, storing, and distributing donated and purchased food, this nonprofit plays a crucial role in supporting local non-profit partner agencies. These agencies, in turn, redistribute the food to low-income clients within their communities.
The Food Bank of Lincoln operates as a single program but utilizes several methods for food distribution, including operations, child hunger, and SNAP outreach. In carrying out its mission, the organization alleviates hunger in southeast Nebraska by serving as a vital link between food donors and those in need. Through its distributive efforts, it ensures that food reaches those who require assistance, enhancing the overall well-being of the community.
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Impact
October, 2024
Food Bank of Lincoln Inc plays a crucial role in alleviating hunger across Southeast Nebraska. Through its dedicated operations, it distributes food to approximately 28,000 to 34,000 households each month, ensuring that essential nourishment reaches those in need. Collaborating with 56 nonprofit partners, the organization streamlines food distribution to local communities effectively.
The Food Bank operates mobile pantry distributions, facilitating access to food in both urban areas like Lincoln and 15 rural counties. With an average of 40 mobile distribution events each month, it adapts to the needs of diverse populations, making food resources accessible to everyone.
By receiving, inspecting, storing, and distributing donated and purchased food, the Food Bank serves as a vital hub for emergency food assistance. Its multifaceted approach not only addresses immediate hunger needs but also supports initiatives aimed at reducing child hunger and enhancing awareness of nutritional assistance programs like SNAP. Through its extensive efforts, the Food Bank of Lincoln is a lifeline for many families, fostering healthier communities throughout the region.
This information is meant to be a general summary of Food Bank Of Lincoln 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 2024.
- Investment Income: $252,540
- Program Service Revenue: $97,060
- Gross Receipts: $20,365,319
Assets and Liabilities:
- Total Assets: $18,749,546
- Total Liabilities: $320,593
- Net Assets: $18,428,953
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AGENCY HANDLING FEES AND OTHER
Revenue
$97,060
Organization Details
Founding Year
1982
Principal Officer
Paula Hodges
Website
www.lincolnfoodbank.orgNTEE Category
Code: K31Z - Food
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