Overview
What is Arkansas Foodbank?
The Arkansas Foodbank is a vital organization that plays a pivotal role in alleviating hunger within Arkansas by acquiring and distributing substantial food and resources through community and national partnerships. This nonprofit organization sources large quantities of provisions and shares them with individuals in need, including programs for children and local food banks, as stated in their mission.
Official website here: www.arkansasfoodbank.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 100%
The Arkansas Foodbank has achieved an impressive Four-Star out of Four Star rating from Charity Navigator, indicating exceptional performance in both accountability and impact. Scoring 100% in both Accountability & Finance and Impact & Measurement, the organization demonstrates efficient management of resources, with a program expense ratio of nearly 96%. Notably, the cost per meal is significantly lower than local averages, highlighting its operational efficiency.
User feedback reinforces the nonprofit's dedication to community service. A donor praised the organization for its collaborative spirit and commitment to hunger relief initiatives, noting the seamless partnership during various fundraising events. The organization's ability to engage volunteers and provide meaningful opportunities showcases its strong community ties and effective outreach efforts.
Despite its strengths, the summary does not mention any specific limitations or challenges faced by the Arkansas Foodbank. Overall, the organization is well-regarded for its transparency, independent governance, and impactful services to those in need within the community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Arkansas Foodbank legitimate?
Arkansas Foodbank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arkansas Foodbank 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: $576,939
Professional Fundraising Fees: $658,546
Other Salaries and Wages: $3,573,955
For more financial information, click here
Official website here: www.arkansasfoodbank.org
What is the mission statement of Arkansas Foodbank?
The Arkansas Foodbank plays a pivotal role in combating hunger by procuring substantial food supplies and resources through local and national collaborations. It is dedicated to addressing hunger in Arkansas by distributing these acquisitions to individuals in need. The organization's mission encompasses supporting initiatives for children and collaborating with local food distribution agencies. By acquiring and distributing large quantities of food and resources, the Arkansas Foodbank serves as a vital source of sustenance for the hungry population in the state.
Official website here: www.arkansasfoodbank.org
Who is the CEO of Arkansas Foodbank?
Monique L Sanders is the President of Arkansas Foodbank. The CEO's salary of Arkansas Foodbank is $39,126 and their total compensation is $39,126.
Official website here: www.arkansasfoodbank.org
What is the revenue of Arkansas Foodbank?
Arkansas Foodbank's revenue in 2022 was $74,162,159.
Official website here: www.arkansasfoodbank.org
Who are the executives of Arkansas Foodbank and what are their salaries?
The average compensation at Arkansas Foodbank during 2022 was $35,177. There are 118 employees and 12686 volunteers at Arkansas Foodbank.
Here are 27 key members and their salaries (Arkansas Foodbank's CEO's salary is $39,126 and their total compensation is $39,126):
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Official website here: www.arkansasfoodbank.org
Where can I find the form 990 for Arkansas Foodbank?
Arkansas Foodbank's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.arkansasfoodbank.org
Learn more at the official website: www.arkansasfoodbank.org
Mission Statement of Arkansas Foodbank
The Arkansas Foodbank serves as a vital resource in the fight against hunger in Arkansas. This organization, a key player in hunger relief, acquires substantial food and other essential resources through local and national partnerships. By doing so, the Arkansas Foodbank ensures these vital supplies reach those in need.
The Arkansas Foodbank's mission extends beyond just providing food. It supports a variety of programs designed to benefit children and collaborates with local food distribution agencies. In simple terms, the Arkansas Foodbank is an anchor in the community that acquires and distributes food and resources, making a significant impact on the lives of many Hunger-stricken individuals in Arkansas.
Through its extensive network of partnerships, the Arkansas Foodbank secures large quantities of food to offer assistance to the hungry population in the state. This valuable organization plays a critical role in ensuring food security for those who face the daily challenge of putting meals on the table. Every day, the Arkansas Foodbank works tirelessly to make a difference in the lives of Arkansas residents.
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Impact
October, 2024
The Arkansas Foodbank plays a critical role in combating hunger across the state of Arkansas by acquiring and distributing substantial quantities of food and resources. Through partnerships with local and national organizations, it ensures that those in need have access to nutritious meals. The Foodbank supports various programs for children and collaborates with local food distribution agencies, significantly enhancing food security in communities. Its mission centers on alleviating hunger and addressing the needs of vulnerable populations, making a profound impact on the lives of many Arkansans.
This information is meant to be a general summary of Arkansas Foodbank. 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: -$1,781,779
- Program Service Revenue: $63,236,390
- Gross Receipts: $95,047,945
Assets and Liabilities:
- Total Assets: $42,871,092
- Total Liabilities: $888,711
- Net Assets: $41,982,381
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD INVENTORY
Revenue
$59,269,816
FOOD PURCHASED REVENUE
Revenue
$2,472,028
USDA PROGRAMS
Revenue
$797,173
HANDLING FEES
Revenue
$697,373
Organization Details
Founding Year
1984
Phone
(501) 565-8121Principal Officer
Monique L Sanders
Main Address
4301 WEST 65TH STREET, LITTLE ROCK, AR, 72209
Website
www.arkansasfoodbank.orgNTEE Category
Code: K190 - Food
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