Overview
What is The Food Bank Of Northeast Arkansas?
The Food Bank of Northeast Arkansas is a nonprofit organization located in Jonesboro, Arkansas. With a team of 25 employees, they play a crucial role as a distribution center for over 100 partner agencies, which include food pantries, soup kitchens, shelters, special care facilities, and senior citizen centers, in 12 northeastern Arkansas counties. Their mission is to alleviate hunger by raising awareness, sourcing resources, and distributing food through a network of nonprofit organizations and programs. They serve as a vital source of nourishment for those in need, making a significant impact on the community.
Official website here: www.foodbankofnea.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 98% (Four-Star out of Four Star rating)
The Food Bank of Northeast Arkansas has achieved an impressive 98% rating from Charity Navigator, indicating a high level of trust and effectiveness in their operations. With a perfect score in both Accountability & Finance and Impact & Measurement, the organization demonstrates sound financial management and a strong commitment to measuring the impact of its services. Their program expense ratio is notably high at 97.18%, signifying that most of their funds go directly to programs rather than administrative costs.
The organization's fundraising efficiency is exceptional, with a cost of only $0.01 per dollar raised, showcasing their ability to maximize resources. They also maintain a low liabilities to assets ratio, which suggests financial stability. Feedback from beneficiaries is actively sought and utilized to enhance services, indicating a responsive and community-focused approach. Additionally, the presence of a fully independent board supports governance integrity and oversight.
However, while the organization has a strong score in community culture at 85%, there may be room for improvement in this area. The implementation of equity practices and a focus on racial equity in operations and programs reflects a commitment to inclusivity, which is crucial in their mission to address food insecurity. Overall, The Food Bank of Northeast Arkansas exemplifies effective nonprofit practices with a strong emphasis on impact and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is The Food Bank Of Northeast Arkansas legitimate?
The Food Bank Of Northeast Arkansas is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Food Bank Of Northeast Arkansas 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: $86,972
Professional Fundraising Fees: $111,665
Other Salaries and Wages: $803,629
For more financial information, click here
Official website here: www.foodbankofnea.org
What is the mission statement of The Food Bank Of Northeast Arkansas?
The Food Bank of Northeast Arkansas works towards providing hunger relief to those in need by raising awareness, securing resources, and distributing food through a network of non-profit agencies and programs in twelve counties. They serve as a distribution center for over 100 local partner agencies, including food pantries, soup kitchens, shelters, special care facilities, and senior citizen centers. By implementing this approach, they aim to alleviate hunger and offer vital assistance to communities in need.
Official website here: www.foodbankofnea.org
Who is the CEO of The Food Bank Of Northeast Arkansas?
Christie Jordan is the Chief Executive Officer of The Food Bank Of Northeast Arkansas. The CEO's salary of The Food Bank Of Northeast Arkansas is $86,972 and their total compensation is $86,972.
Official website here: www.foodbankofnea.org
What is the revenue of The Food Bank Of Northeast Arkansas?
The Food Bank Of Northeast Arkansas's revenue in 2023 was $16,731,324.
Official website here: www.foodbankofnea.org
Who are the executives of The Food Bank Of Northeast Arkansas and what are their salaries?
The average compensation at The Food Bank Of Northeast Arkansas during 2023 was $35,624. There are 25 employees and 1828 volunteers at The Food Bank Of Northeast Arkansas.
Here are 14 key members and their salaries (The Food Bank Of Northeast Arkansas's CEO's salary is $86,972 and their total compensation is $86,972):
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Official website here: www.foodbankofnea.org
Where can I find the form 990 for The Food Bank Of Northeast Arkansas?
The Food Bank Of Northeast Arkansas's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.foodbankofnea.org
Learn more at the official website: www.foodbankofnea.org
Mission Statement of The Food Bank Of Northeast Arkansas
The Food Bank of Northeast Arkansas, a key player in hunger relief, operates with a mission to support those in need by raising awareness, securing resources, and distributing food through a network of non-profit agencies and programs. This organization serves twelve counties in Northeast Arkansas, providing essential aid to individuals facing food insecurity.
As a central distribution center, The Food Bank of Northeastern Arkansas collaborates with over 100 local partner agencies. These partners include food pantries, soup kitchens, shelters, special care facilities, and senior citizen centers. By working together, they ensure that the food collected reaches those most in need, making a significant impact on the lives of countless individuals.
The Food Bank of Northeast Arkansas' core food distribution program is the backbone of its mission. Through this initiative, the organization acts as a crucial connector, facilitating the flow of resources from donors to those in need. The food distributed touches the lives of countless individuals across the region, offering them the critical nourishment necessary for a healthier, more stable future.
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Impact
October, 2024
The Food Bank of Northeast Arkansas significantly impacts the community by providing essential hunger relief services to individuals and families in need across twelve counties. It operates as a vital distribution center, supplying more than 100 local partner agencies, including food pantries, soup kitchens, shelters, and senior citizen centers. By raising awareness about food insecurity and securing vital resources, it ensures that nutritious food reaches those who require assistance. This effort not only addresses immediate hunger but also fosters a supportive network that empowers communities and enhances the overall well-being of residents in Northeast Arkansas.
This information is meant to be a general summary of The Food Bank Of Northeast Arkansas. 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: $209,292
- Program Service Revenue: $317,175
- Gross Receipts: $16,731,324
Assets and Liabilities:
- Total Assets: $16,227,976
- Total Liabilities: $112,542
- Net Assets: $16,115,434
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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
$315,175
SENIOR PACK
Revenue
$2,000
Organization Details
Founding Year
1998
Phone
(870) 932-3663Principal Officer
Christie Jordan
Main Address
PO BOX 2097, JONESBORO, AR, 72402
Website
www.foodbankofnea.orgNTEE Category
Code: P60 - Human services
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