Overview
What is Flathead Food Bank Inc?
Flathead Food Bank Inc, located in Kalispell, Montana, is a dedicated nonprofit organization with a mission to eliminate hunger in the Flathead Valley. They achieve this by fostering collaborative partnerships and developing solutions that enhance access to nutritious food for individuals, families, and the community. With a team of 14 dedicated employees, they distribute food to those in need, aiming to strengthen the community and improve overall well-being. The Food Bank's activities are centered on creating effective solutions, connecting people, and promoting the importance of healthy, nutritious food.
Official website here: www.flatheadfoodbank.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating from Charity Navigator.
Flathead Food Bank Inc has demonstrated strong performance in accountability and finance, achieving a Four-Star rating with an impressive overall score of 97%. The organization is fully compliant with best practices regarding independent board members, financial oversight, and transparency, which is reflected in their perfect scores for multiple key accountability metrics.
Strengths include a fully independent board, with 12 independent members, and excellent financial health, shown by a low liabilities-to-assets ratio and high program expense ratio. The organization also maintains a robust set of policies for conflict of interest, whistleblower protection, and document retention. These factors indicate a commitment to responsible governance and transparency in operations.
However, one area of concern is the fundraising efficiency ratio, which is notably low at $0.01, suggesting that while they manage their funds well, the costs associated with fundraising efforts may be disproportionately high compared to the funds raised. Overall, Flathead Food Bank Inc appears to be a trustworthy and effective nonprofit dedicated to serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Flathead Food Bank Inc legitimate?
Flathead Food Bank Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Flathead 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: $28,269
Professional Fundraising Fees: $0
Other Salaries and Wages: $343,984
For more financial information, click here
Official website here: www.flatheadfoodbank.org
What is the mission statement of Flathead Food Bank Inc?
Flathead Food Bank Inc's mission is centered around eliminating hunger in their community. They achieve this by fostering collaborative partnerships and developing effective solutions. These partnerships aim to connect and strengthen individuals, families, and the community by providing access to nutritious and healthy food. The organization's primary activity involves distributing food to those in need. By doing so, they strive to improve the well-being and resilience of the community as a whole.
Official website here: www.flatheadfoodbank.org
What is the revenue of Flathead Food Bank Inc?
Flathead Food Bank Inc's revenue in 2023 was $2,403,575.
Official website here: www.flatheadfoodbank.org
Who are the executives of Flathead Food Bank Inc and what are their salaries?
The average compensation at Flathead Food Bank Inc during 2023 was $23,266. There are 16 employees and 388 volunteers at Flathead Food Bank Inc.
Here are 17 key members and their salaries:
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Official website here: www.flatheadfoodbank.org
Where can I find the form 990 for Flathead Food Bank Inc?
Flathead Food Bank Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.flatheadfoodbank.org
Learn more at the official website: www.flatheadfoodbank.org
Mission Statement of Flathead Food Bank Inc
Flathead Food Bank Inc is committed to eradicating hunger in the local community through strategic collaborations and innovative solutions. Their mission is to foster connections and strengthen individuals, families, and the community at large by ensuring access to nutritious, healthful food. By working in partnership with various organizations, Flathead Food Bank Inc strives to address the root causes of food insecurity and provide sustainable solutions to combat hunger in the Flathead Valley.
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Impact
July, 2024
Flathead Food Bank Inc's impact is focused on eliminating hunger in the Flathead Valley through collaborative partnerships that create effective solutions to connect and strengthen individuals, families, and the community through access to healthy, nutritious food. The organization functions as a food bank, distributing food to people in need in Kalispell, Montana. By addressing food insecurity in the region, Flathead Food Bank Inc is making a significant difference in the lives of community members who require assistance to meet their basic food needs.
This information is meant to be a general summary of Flathead 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: $9,081
- Gross Receipts: $2,403,575
Assets and Liabilities:
- Total Assets: $3,205,127
- Total Liabilities: $407,240
- Net Assets: $2,797,887
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Organization Details
Founding Year
1982
Principal Officer
Brian Pelc
Website
www.flatheadfoodbank.orgNTEE Category
Code: K31Z - Food
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