Overview
What is Mississippi Food Network Inc?
Mississippi Food Network Inc, based in Jackson, Mississippi, is a nonprofit organization dedicated to alleviating poverty-related hunger in the state. With a team of 42 employees, they distribute donated and purchased food and grocery products through a network of member churches and nonprofit organizations. Their mission extends beyond food distribution, as they also offer nutrition education to those in need. Advocacy and related needs are emphasized as part of their commitment to addressing the root causes of hunger. Each month, they serve approximately 150,000 hungry Mississippians through various programs, including child feeding and senior food box initiatives. The SNAP Outreach Program assists clients of member agencies in navigating the Supplemental Nutrition Assistance Program (SNAP) to receive benefits.
Official website here: www.msfoodnet.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
Mississippi Food Network Inc has achieved a perfect score of 100%, reflecting excellence in both accountability and impact measurement. This top rating indicates a strong commitment to transparency and effective use of resources, with a program expense ratio of 96.82%, ensuring that the vast majority of funds are directed toward programs rather than administrative costs.
The organization's cost per meal is notably less than 75% of the local meal cost, showcasing its efficiency in food distribution. Mississippi Food Network also benefits from a fully independent board, comprising 28 members, which enhances its governance and oversight capabilities. The presence of comprehensive policies, such as conflict of interest and whistleblower protections, further highlights its dedication to ethical practices.
While the ratings are overwhelmingly positive, it is essential to consider the working capital ratio of 0.34 years, which may indicate limited liquidity to cover short-term obligations. However, given the organization's strong financial practices and lack of material diversion of assets, Mississippi Food Network remains a reliable and impactful choice for donors looking to support food security initiatives in Mississippi.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Mississippi Food Network Inc?
94% of 36 reviewers on Facebook recommend Mississippi Food Network Inc. Here is a summary of their reviews:
Many individuals express gratitude for the support they receive from the organization, highlighting its role in assisting those in need, particularly those with disabilities or on fixed incomes. The ongoing help is a significant relief for many, especially during the challenging times when food resources dwindle towards the end of the month.
Overall, the sentiment towards Mississippi Food Network Inc. is very positive, with users appreciating the vital services provided and the essential support offered to the community.
This AI summary has been generated from reviews found on Facebook.
Is Mississippi Food Network Inc legitimate?
Mississippi Food Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mississippi Food Network 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: $299,109
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,833,304
For more financial information, click here
Official website here: www.msfoodnet.org
What is the mission statement of Mississippi Food Network Inc?
The Mississippi Food Network Inc is dedicated to alleviating poverty-related hunger in the community. They achieve this by distributing donated and purchased food and grocery products through a network of churches and nonprofit organizations. The organization goes beyond just food distribution by providing nutrition education to those in need. Advocacy and related needs are also emphasized to ensure comprehensive support for the hungry population. The Mississippi Food Network reaches out to approximately 150,000 Mississippians each month, offering child feeding programs and senior food box programs as well. The SNAP Outreach Program is an initiative that assists clients of member agencies in accessing benefits through various programs.
Official website here: www.msfoodnet.org
Who is the CEO of Mississippi Food Network Inc?
Charles H Beady Jr is the CEO of Mississippi Food Network Inc The CEO's salary of Mississippi Food Network Inc is $119,883 and their total compensation is $136,622.
Official website here: www.msfoodnet.org
What is the revenue of Mississippi Food Network Inc?
Mississippi Food Network Inc's revenue in 2024 was $51,275,195.
Official website here: www.msfoodnet.org
Who are the executives of Mississippi Food Network Inc and what are their salaries?
The average compensation at Mississippi Food Network Inc during 2024 was $44,425. There are 48 employees and 1000 volunteers at Mississippi Food Network Inc.
Here are 24 key members and their salaries (Mississippi Food Network Inc's CEO's salary is $119,883 and their total compensation is $136,622):
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Official website here: www.msfoodnet.org
Where can I find the form 990 for Mississippi Food Network Inc?
Mississippi Food Network Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.msfoodnet.org
Learn more at the official website: www.msfoodnet.org
Mission Statement of Mississippi Food Network Inc
Mississippi Food Network Inc, a nonprofit organization, works diligently to alleviate poverty-related hunger in the community. Through a network of member churches and nonprofit organizations, it distributes both donated and purchased food and grocery products to an estimated 150,000 hungry Mississippians every month. Going beyond just food distribution, the organization also provides nutrition education to those in need. Mississippi Food Network believes in advocacy and addresses related needs, as part of its comprehensive approach to combating hunger.
The Mississippi Food Network's mission is multifaceted. It aims to provide food assistance by acquiring and distributing essential groceries to those whom poverty keeps from affording them. The organization's efforts extend to children and senior citizens, with specialized programs catering to their unique nutritional requirements. In addition, the Mississippi Food Network implements the SNAP Outreach Program, which assists clients of member agencies in accessing benefits from various programs, enabling them to further improve their food security.
In summary, the Mississippi Food Network is a beacon of hope for thousands of Mississippians facing hunger every month. By partnering with local organizations and providing food, education, and advocacy, it strives to make a meaningful difference in the lives of those who need it most.
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Impact
October, 2024
Mississippi Food Network Inc relieves poverty-related hunger by distributing donated and purchased food and groceries, impacting the lives of as many as 150,000 hungry Mississippians each month. By collaborating with a network of member churches and organizations, they ensure that essential food resources reach those in need. Their initiatives include child feeding programs, which provide nutritious meals to children, and senior food box programs tailored to assist elderly individuals.
In addition to food distribution, Mississippi Food Network offers vital SNAP outreach services, guiding families through the process of obtaining benefits to help alleviate food insecurity. The organization's commitment to nutrition education empowers communities with knowledge about healthy eating habits, while their advocacy efforts bring awareness to the challenges faced by those struggling with hunger. Overall, Mississippi Food Network Inc plays a crucial role in fostering food security and improving the quality of life for vulnerable populations across the state.
This information is meant to be a general summary of Mississippi Food Network 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: $337,601
- Program Service Revenue: $144,356
- Gross Receipts: $55,792,304
Assets and Liabilities:
- Total Assets: $19,534,718
- Total Liabilities: $659,729
- Net Assets: $18,874,989
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SHARED MAINTENANCE FEES
Revenue
$90,985
FOOD PURCHASES REVENUE
Revenue
$53,371
Organization Details
Founding Year
1983
Principal Officer
Dr Charles H Beady Jr
Website
www.msfoodnet.orgNTEE Category
Code: K310 - Food
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