Overview
What is The Maryland Food Bank Inc?
The Maryland Food Bank (MFB) is a prominent nonprofit organization headquartered in Baltimore, Maryland. With a mission to alleviate hunger and strengthen communities, MFB distributes food assistance through a network of partners across the state, from the Western Mountains to the Eastern Shore. In FY23, they distributed approximately 50 million pounds of food, providing more than 41 million meals for individuals in need. This food was distributed through community and faith-based organizations, reaching over 807,000 neighbors. MFB's collaborative efforts extend beyond food distribution, addressing the root causes of hunger and striving for financial stability for more Marylanders. In times of crisis, such as the pandemic, MFB has demonstrated resilience and adaptability, purchasing and distributing over $40 million worth of nutritious food and awarding $1.1 million in grants to community partners. By combining rich data with local expertise and maintaining strong sourcing partnerships, MFB remains dedicated to serving Marylanders in need.
Official website here: www.mdfoodbank.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 100%, Four-Star out of Four Star rating.
The Maryland Food Bank Inc has received an impressive Four-Star rating from Charity Navigator, reflecting its strong performance across various metrics. The organization's overall score is derived from excellent scores in Accountability & Finance, Impact & Measurement, and Leadership & Adaptability, indicating a well-managed nonprofit that prioritizes transparency and effectiveness in its operations.
One of the notable strengths of the Maryland Food Bank is its high program expense ratio at 91.74%, ensuring that a significant portion of its revenue goes directly to programs that aid in providing food assistance. Additionally, the organization demonstrates exceptional fundraising efficiency, with a minimal cost per meal, which is less than 75% of the local meal cost. This efficiency suggests that contributions are maximally utilized to serve the community.
Despite these strengths, the Maryland Food Bank has a working capital ratio of 0.54 years, which may indicate potential liquidity challenges. However, the strong scores in other areas suggest that the organization is effectively fulfilling its mission while managing its resources efficiently. Overall, it stands out as a highly effective nonprofit dedicated to combating food insecurity.
This AI summary has been generated from information found on Charity Navigator.
Is The Maryland Food Bank Inc legitimate?
The Maryland Food Bank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Maryland 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: $1,477,822
Professional Fundraising Fees: $1,594,705
Other Salaries and Wages: $9,279,698
For more financial information, click here
Official website here: www.mdfoodbank.org
What is the mission statement of The Maryland Food Bank Inc?
The Maryland Food Bank is a nonprofit organization dedicated to feeding people, strengthening communities, and ending hunger for more Marylanders. Through a network of community partners, it distributes food assistance to individuals and families in need, providing over 41 million meals annually. The organization's mission goes beyond immediate food distribution by collaborating with partners to address the root causes of hunger and help communities become financially stable. The food bank's strategic plan focuses on expanding food access, creating pathways out of hunger, and investing in organizational sustainability. With agile data-informed strategies and person-centric approaches, the Maryland Food Bank continues to strive towards providing essential nutrients and resources to food-insecure individuals across the state.
Official website here: www.mdfoodbank.org
Who is the CEO of The Maryland Food Bank Inc?
Carmen Del Guer is the Principal Officer of The Maryland Food Bank Inc. The CEO's salary of The Maryland Food Bank Inc is $323,743 and their total compensation is $376,241.
Official website here: www.mdfoodbank.org
What is the revenue of The Maryland Food Bank Inc?
The Maryland Food Bank Inc's revenue in 2023 was $89,327,561.
Official website here: www.mdfoodbank.org
Who are the executives of The Maryland Food Bank Inc and what are their salaries?
The average compensation at The Maryland Food Bank Inc during 2023 was $49,346. There are 218 employees and 15214 volunteers at The Maryland Food Bank Inc.
Here are 28 key members and their salaries (The Maryland Food Bank Inc's CEO's salary is $323,743 and their total compensation is $376,241):
- Compensation: $323,743
- Related: $0
- Other: $52,498
- Compensation: $179,131
- Related: $0
- Other: $42,159
- Compensation: $230,949
- Related: $0
- Other: $17,339
- Compensation: $189,640
- Related: $0
- Other: $14,993
- Compensation: $174,320
- Related: $0
- Other: $31,405
- Compensation: $160,652
- Related: $0
- Other: $12,344
- Compensation: $125,902
- Related: $0
- Other: $5,273
- Compensation: $125,637
- Related: $0
- Other: $21,077
- Compensation: $124,563
- Related: $0
- Other: $2,262
- Compensation: $114,277
- Related: $0
- Other: $689
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mdfoodbank.org
Where can I find the form 990 for The Maryland Food Bank Inc?
The Maryland Food Bank Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mdfoodbank.org
Learn more at the official website: www.mdfoodbank.org
Mission Statement of The Maryland Food Bank Inc
The Maryland Food Bank, a dedicated nonprofit hunger-relief organization, is committed to feeding people, strengthening communities, and ending hunger for more Marylanders. With a mission to provide food assistance to individuals and families in need, the organization distributes food through a network of community partners across the state. In the fiscal year 2023, this network helped distribute nearly 50 million pounds of food, translating to over 41 million meals, enabling food-insecure Marylanders to access essential nourishment.
Beyond meeting immediate food needs, The Maryland Food Bank collaborates with its partners to address the root causes of hunger. Their goal is to help Marylanders become financially stable and thrive. In the fiscal year 2023, the organization continued to expand food access, create pathways out of hunger, and invest in organizational sustainability and growth through strategic partnerships and data-informed initiatives. By combining rich data with local expertise, The Maryland Food Bank is able to offer hunger relief to even more Marylanders.
The organization's impact extends beyond the distribution of food. The Maryland Food Bank plays a crucial role in improving overall food access in each area of the state by engaging community leaders and working together to address local needs. During the pandemic, the organization purchased and distributed over $40 million worth of nutritious food through its network of partners. Through various grant opportunities, the Food Bank awarded $1.1 million to 105 community partners and continued supporting local produce production to help fill potential gaps in food distribution. The organization also utilized innovative programs such as the Farm to Food Bank Program, which provided nutritious produce to food-insecure neighbors through a combination of donations, contract growing, and field gleanings.
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
October, 2024
The Maryland Food Bank has made a significant impact on communities across Maryland by distributing nearly 50 million pounds of food, equating to over 41 million meals annually. In the fiscal year 2023, their extensive network of nearly 1,100 community and faith-based partners helped directly reach and support approximately 807,433 individuals across 21 counties and Baltimore City.
The organization’s initiatives go beyond just providing immediate food assistance. They work collaboratively with local partners to address the root causes of hunger and promote financial stability, showcasing a commitment to long-term community strength. For instance, their nutrition-focused programs delivered more than 13 million pounds of produce, and they hosted 2,063 "Pantry on the Go" events, distributing food directly to those in need.
The Maryland Food Bank also prioritizes the needs of food-insecure children through initiatives like the School Pantry Program, which supported 48,000 neighbors by distributing nearly 3 million pounds of food. Their culinary training program, FoodWorks, empowered local residents by helping them develop essential skills for economic self-sufficiency, with 50 graduates in the last fiscal year alone.
Moreover, during the challenges posed by the pandemic, the food bank adapted quickly by purchasing and distributing over $40 million worth of nutritious food and launching new programs to enhance food access, especially in underserved areas. Their mobile markets and specialized food programs cater to food deserts, ensuring that even the most vulnerable communities receive the support they need.
Through these multifaceted efforts, the Maryland Food Bank is not only feeding those in immediate need but also fostering sustainable pathways out of hunger, effectively strengthening local communities throughout Maryland.
This information is meant to be a general summary of The Maryland 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 2023.
- Investment Income: -$203,094
- Program Service Revenue: $8,212,042
- Gross Receipts: $94,655,664
Assets and Liabilities:
- Total Assets: $60,919,173
- Total Liabilities: $7,743,462
- Net Assets: $53,175,711
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD PURCHASE PROGRAM
Revenue
$3,945,799
PROGRAM FEES & OTHER
Revenue
$3,443,293
CONTRACTED MEALS
Revenue
$817,004
SHARED MAINTENANCE
Revenue
$5,946
Organization Details
Founding Year
1978
Phone
(410) 737-8282Principal Officer
Carmen Del Guer
Main Address
2200 HALETHORPE FARMS ROAD SW, BALTIMORE, MD, 21227
Website
www.mdfoodbank.orgNTEE Category
Code: K31 - Food
If you are a representative of The Maryland 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.