Overview
What is Food Depot?
Food Depot is a nonprofit organization based in Santa Fe, New Mexico, with a network of partners dedicated to ending hunger in the northern New Mexico region. As the food bank for nine counties, they provide essential food resources to approximately 35,000 individuals dealing with food insecurity each month. By offering food through strategic programs and collaborating with 67 nonprofit hunger relief partners, they coordinate distribution from 137 locations across the region. The Food Depot's network includes a variety of organizations, such as food pantries, prepared meal programs, shelters, youth programs, and senior centers. Through food rescue programs, they ensure that surplus food does not go to waste and combine it with food from local and national sources. In fiscal year 21-22, they provided nearly 9.2 million pounds of food, enough for over 7.7 million meals, to New Mexicans in need.
Official website here: www.thefooddepot.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 99% (Four-Star out of Four Stars)
Food Depot has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. With a perfect score of 100 in both Accountability & Finance and Impact & Measurement, the organization demonstrates effective use of resources and meaningful results in addressing food insecurity. Notably, they provided an average of 700,000 meals each month in 2022, highlighting their significant impact on communities in New Mexico.
The nonprofit also shows commendable scores in Leadership & Adaptability and Culture & Community, both of which contribute to its overall effectiveness. The high program expense ratio of 93.76% indicates that a substantial portion of funds is directed towards program services rather than administrative costs. Additionally, their fundraising efficiency ratio of $0.022 suggests that they are highly effective in raising funds relative to their expenses.
Despite these strengths, the organization has room for improvement in the Culture & Community score, which stands at 81%. This may indicate some challenges in fostering a strong internal culture or community engagement. Overall, Food Depot is a well-rated organization that demonstrates a strong capacity to serve those in need, yet can focus on enhancing its community involvement aspects.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Food Depot?
98% of 35 reviewers on Facebook recommend this charity. Here is a summary of their reviews:
Many individuals express a positive experience when volunteering at Food Depot, highlighting the supportive staff and the welcoming environment. The sense of community and teamwork is appreciated, making it a rewarding place for volunteers to contribute their time and efforts.
Overall, the feedback showcases that Food Depot effectively fulfills its mission and delivers meaningful experiences for those involved, demonstrating a strong commitment to service and community support.
This AI summary has been generated from reviews found on Facebook.
Is Food Depot legitimate?
Food Depot is a legitimate nonprofit organization registered as a 501(c)(3) entity. Food Depot 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: $177,792
Professional Fundraising Fees: $151,861
Other Salaries and Wages: $2,132,366
For more financial information, click here
Official website here: www.thefooddepot.org
What is the mission statement of Food Depot?
The Food Depot is dedicated to ending hunger in various communities in New Mexico. Through its range of programs, it addresses the nutritional needs of individuals experiencing food insecurity. The Food Depot engages a network of partners to foster healthy communities and provide hunger relief to an average of 35,000 individuals each month. They support a network of nonprofit hunger relief partners and operate several collaborative programs like Food 4 Kids, Seniors Y MS, and the Mobile Food Pantry. The Food Depot acts as a food rescue organization, accessing surplus food that would otherwise go to waste to provide meals to those in need. In FY 21-22, the Food Depot provided 9.2 million pounds of food, enough for 7.7 million meals, to New Mexicans experiencing food insecurity.
Official website here: www.thefooddepot.org
Who is the CEO of Food Depot?
Janet Clow is the President of Food Depot.
Official website here: www.thefooddepot.org
What is the revenue of Food Depot?
Food Depot's revenue in 2022 was $22,167,327.
Official website here: www.thefooddepot.org
Who are the executives of Food Depot and what are their salaries?
The average compensation at Food Depot during 2022 was $35,002. There are 66 employees and 1140 volunteers at Food Depot.
Here are 19 key members and their salaries:
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- Other: $9,111
Official website here: www.thefooddepot.org
Where can I find the form 990 for Food Depot?
Food Depot's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thefooddepot.org
Learn more at the official website: www.thefooddepot.org
Mission Statement of Food Depot
The Food Depot, a leading food bank in Northern New Mexico, is dedicated to ending hunger and improving the lives of individuals and families facing food insecurity. With a mission to meet critical demographic, geographic, and nutritional needs across a nine-county service area, this nonprofit organization engages a network of partners to develop effective solutions for a hunger-free community.
The Food Depot acts as a vital hub in the region's hunger relief system, providing essential food resources to an average of 35,000 individuals each month. By coordinating with over 67 nonprofit partners and operating 137 distribution locations, the Food Depot extends its reach to support those most in need, including children, seniors, working families, and individuals in ill health. Through strategic programs and partnerships, the food bank distributes over 641,000 meals each month to nourish vulnerable populations.
As the Food Depot supports the hunger relief components of its partners, these organizations are able to focus their resources on their primary missions. In addition to its collaborative programs like Food 4 Kids, Seniors Y MS, and the Mobile Food Pantry, the Food Depot's dedicated staff and volunteers operate various initiatives to directly address the crisis of hunger among susceptible populations. These programs include the Food Depot Pantry, The Food Mobile, Food 4 Kids, Diaper Depot, and Food 4 Pets. To further support its network, the Food Depot functions as a food rescue organization, accessing surplus food that would otherwise be wasted. Through partnerships with local and national food manufacturers, food drives, the US Department of Agriculture, growers, food distributors, and food brokers, the Food Depot provided 9.2 million pounds of food in FY 21-22, enough to create 7.7 million meals for New Mexicans in need.
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Impact
October, 2024
Food Depot plays a vital role in ending hunger in Northern New Mexico by providing crucial food assistance to individuals and families facing food insecurity. Serving an average of 35,000 individuals each month, Food Depot distributes over 641,000 meals monthly through a wide network of 137 distribution locations across nine counties.
The organization collaborates with 67 hunger relief partners, including food pantries, shelters, and youth programs, to reach some of the most vulnerable populations in the community such as children, seniors, and low-income working families. Through strategic programs like Food 4 Kids, Seniors on the Move, and the Mobile Food Pantry, Food Depot directly addresses the unique nutritional needs of various demographics.
Food Depot also engages in food rescue, collecting surplus food that would otherwise go to waste, and complementing this with food sourced from local and national providers. In fiscal year 2021-2022, the organization provided approximately 9.2 million pounds of food—equating to about 7.7 million meals—demonstrating its significant impact on reducing hunger and fostering healthier communities in the region.
This information is meant to be a general summary of Food Depot. 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: $14,973
- Program Service Revenue: $264,580
- Gross Receipts: $22,167,327
Assets and Liabilities:
- Total Assets: $14,520,817
- Total Liabilities: $392,824
- Net Assets: $14,127,993
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FOOD ACQUISITION & HANDLING
Revenue
$264,580
Organization Details
Founding Year
1993
Phone
(505) 471-1633Principal Officer
Janet Clow
Main Address
1222-A SILER ROAD, SANTA FE, NM, 87507
Website
www.thefooddepot.orgNTEE Category
Code: P20Z - Human services
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