Overview
What is Food Bank Of Eastern New Mexico Inc?
Food Bank of Eastern New Mexico Inc, located in Clovis, New Mexico, is a dedicated nonprofit organization. Their primary mission is to collect, purchase, and distribute food and essential groceries to various non-profit agencies within five counties of Eastern New Mexico. These agencies primarily serve the needs of underprivileged individuals, such as the elderly, children, and those suffering from illness. In the current year, they successfully distributed approximately 1,540,275 pounds of food. With a team of 11 employees, they strive to ensure that these essential resources reach the intended recipients, thereby alleviating hunger and food insecurity in their community.
Official website here: www.fbenm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97% (Four-Star out of Four Star Rating)
The Food Bank of Eastern New Mexico Inc has achieved a remarkable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial transparency. The overall score is based solely on the organization's exceptional performance in the Accountability & Finance category, showcasing its operational integrity and effective management of resources.
One of the key strengths of the organization is its independent board composition, with 87% of board members being independent. This not only enhances governance but also ensures that decisions are made in the best interest of the community it serves. Additionally, the organization has demonstrated robust financial practices, including maintaining a low liabilities-to-assets ratio and an impressive program expense ratio of 96.52%, indicating that the majority of its funds are directed towards programs rather than administrative costs.
Despite its high rating and strong performance metrics, no significant limitations or weaknesses were noted in the available data. The Food Bank also displays effective fundraising efficiency and comprehensive policies in place regarding conflict of interest and whistleblower protections, further reinforcing its trustworthiness and dedication to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Food Bank Of Eastern New Mexico Inc legitimate?
Food Bank Of Eastern New Mexico Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Food Bank Of Eastern New Mexico 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $244,966
For more financial information, click here
Official website here: www.fbenm.org
What is the mission statement of Food Bank Of Eastern New Mexico Inc?
The Food Bank of Eastern New Mexico Inc is committed to providing food assistance to various agencies serving vulnerable populations. These include the needy, elderly, children, and individuals who are ill. Their mission is accomplished through soliciting, collecting, and purchasing food and grocery items. These items are then distributed to non-profit agencies such as food pantries, schools, and commodity sites in five counties within Eastern New Mexico. The organization's distributions aim to support these agencies in their mission to provide essential nourishment to those in need. During the current year, the Food Bank of Eastern New Mexico Inc distributed approximately 1,540,275 pounds of food.
Official website here: www.fbenm.org
Who is the CEO of Food Bank Of Eastern New Mexico Inc?
Dianna Sprague is the President of Food Bank Of Eastern New Mexico Inc.
Official website here: www.fbenm.org
What is the revenue of Food Bank Of Eastern New Mexico Inc?
Food Bank Of Eastern New Mexico Inc's revenue in 2022 was $2,273,364.
Official website here: www.fbenm.org
Who are the executives of Food Bank Of Eastern New Mexico Inc and what are their salaries?
The average compensation at Food Bank Of Eastern New Mexico Inc during 2022 was $22,270. There are 11 employees at Food Bank Of Eastern New Mexico Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $51,442
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fbenm.org
Where can I find the form 990 for Food Bank Of Eastern New Mexico Inc?
Food Bank Of Eastern New Mexico Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fbenm.org
Learn more at the official website: www.fbenm.org
Mission Statement of Food Bank Of Eastern New Mexico Inc
Food Bank of Eastern New Mexico Inc is a non-profit organization dedicated to providing essential nourishment to various agencies catering to vulnerable populations. Its mission is to distribute food and grocery items to organizations serving the needy, elderly, children, and individuals who are ill. The organization carries out this mission by soliciting, collecting, and purchasing food supplies, which are then distributed to non-profit agencies such as food pantries, schools, and commodity sites in five counties within Eastern New Mexico. Through these distributions, the Food Bank of Eastern New Mexico Inc aims to alleviate hunger and promote health and well-being among these underserved communities. During the current year, the organization successfully distributed approximately 1,540,275 pounds of food, ensuring that those in need have access to nutritious meals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The Food Bank Of Eastern New Mexico Inc provides food to agencies serving the needy, elderly, children, and those who are ill. They solicit, collect, purchase food and grocery items which are distributed to various nonprofit agencies such as food pantries, schools, and commodity sites in five counties in eastern New Mexico. During the current year, they distributed about 1,540,275 pounds of food, making a significant impact on alleviating hunger in the region.
This information is meant to be a general summary of Food Bank Of Eastern New Mexico 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 2022.
- Gross Receipts: $2,273,364
Assets and Liabilities:
- Total Assets: $1,160,502
- Total Liabilities: $1,041
- Net Assets: $1,159,461
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1986
Phone
(575) 763-6130Principal Officer
Dianna Sprague
Main Address
2217 EAST BRADY, CLOVIS, NM, 88101
Website
www.fbenm.orgNTEE Category
Code: K31 - Food
If you are a representative of Food Bank Of Eastern New Mexico Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.