Overview
What is Etowah Community Food Bank Inc?
Etowah Community Food Bank Inc is a nonprofit organization, situated in Gadsden, Alabama. Established with the purpose of centralizing food distribution for those in need, the organization primarily relies on funds from United Way allocations and local donations. This enables the food bank to purchase essential provisions, which are then distributed to individuals facing food scarcity in Etowah County. The organization's primary mission, as stated, is to combat hunger within the community by providing food resources. With a dedicated team of three employees, Etowah Community Food Bank Inc plays a significant role in alleviating food insecurity in its local area.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Etowah Community Food Bank Inc has received a 73% rating from Charity Navigator, indicating a Two-Star designation. This score reflects a solid performance in areas such as accountability and finance, where the organization demonstrated strengths like a low liabilities to assets ratio (0.09%) and a high program expense ratio (85.29%). Furthermore, the organization boasts a fully independent board with 10 members, exemplifying a strong governance structure.
However, the rating also highlights some significant limitations. The food bank is lacking essential policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy, which can impact its transparency and accountability. Additionally, the organization has not disclosed its tax form on its website, which is considered a best practice for nonprofit transparency.
Overall, while the Etowah Community Food Bank shows promise through its financial management and governance, it is advised that the organization strengthen its policies and transparency measures to improve its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Etowah Community Food Bank Inc legitimate?
Etowah Community Food Bank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Etowah Community 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: $10,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Etowah Community Food Bank Inc?
The Etowah Community Food Bank Inc's mission is centered around alleviating hunger. Their primary goal, as stated in their mission, is to cater to the food needs of individuals who are currently struggling. The food bank was established with the purpose of consolidating efforts aimed at providing food for those in need. United Way allocations and local donations are utilized to procure food for the program, enabling its distribution to the community.
What is the revenue of Etowah Community Food Bank Inc?
Etowah Community Food Bank Inc's revenue in 2024 was $40,366.
Who are the executives of Etowah Community Food Bank Inc and what are their salaries?
The average compensation at Etowah Community Food Bank Inc during 2024 was $10,400. There is 1 employee at Etowah Community Food Bank Inc.
Here are 17 key members and their salaries:
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Where can I find the form 990 for Etowah Community Food Bank Inc?
Etowah Community Food Bank Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Etowah Community Food Bank Inc
Etowah Community Food Bank Inc, a dedicated organization, is committed to addressing hunger in its community. Their primary mission, as stated, is to "feed the hungry" in Etowah County. This mission is carried out by centralizing the efforts to provide food for individuals who are in need. United Way allocations and local donations are utilized to purchase food for the program, enabling it to be distributed effectively. The food bank's mission is a vital initiative, aiming to alleviate hunger and contribute to the well-being of those in need, thereby strengthening the community as a whole.
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Impact
August, 2024
Etowah Community Food Bank Inc's impact lies in its mission to "feed the hungry" in Etowah County, Alabama. By centralizing efforts to provide food for individuals in need, the organization plays a critical role in addressing food insecurity in the community. Through the utilization of United Way allocations and local donations, the food bank is able to purchase food for the program and facilitate its distribution to those in need. This direct impact ensures that individuals facing hunger have access to essential food resources, thereby making a significant difference in improving the well-being of the community.
This information is meant to be a general summary of Etowah Community 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 2024.
- Gross Receipts: $48,414
Assets and Liabilities:
- Total Assets: $74,565
- Total Liabilities: $911
- Net Assets: $73,654
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Organization Details
Founding Year
1983
Principal Officer
Marie Johnson
NTEE Category
Code: K31Z - Food
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