Overview
What is Maltby Food Bank?
Maltby Food Bank is a compassionate nonprofit organization situated in Snohomish, Washington. Its primary mission is to address the basic necessities of the community by operating a food bank. This essential service aims to alleviate food insecurity for families in need. The organization's core activity is centered around providing food, acting as a vital resource for those who require assistance. The overarching goal of Maltby Food Bank is to establish a food bank infrastructure that caters to meeting the physical needs of its community members.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Star rating.
Maltby Food Bank has received a moderate rating of 67%, indicating some strengths in its accountability and financial practices. The organization boasts 100% independent board members and a high program expense ratio of 98.47%, which suggests that a large portion of its funds directly supports its mission. Additionally, it has maintained transparency by documenting board meeting minutes and ensuring no diversion of assets.
However, despite these positive aspects, the overall rating reflects areas for improvement in its operations or financial management. While the food bank has a solid structure, potential donors and supporters might want to look for further details on its impact and efficiency in service delivery. The current rating signals that while the organization is performing adequately, there may be opportunities for enhancing its effectiveness and overall operations.
This AI summary has been generated from information found on Charity Navigator.
Is Maltby Food Bank legitimate?
Maltby Food Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maltby Food Bank 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: $40,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Maltby Food Bank?
The Maltby Food Bank's mission is geared towards establishing a food bank that addresses the physical needs of individuals who are struggling. This organization directly assists families in need by providing them with essential food supplies. In essence, its purpose is to alleviate food insecurity and contribute to the well-being of the community.
Who is the CEO of Maltby Food Bank?
Natalie Oswald is the Director of Maltby Food Bank.
What is the revenue of Maltby Food Bank?
Maltby Food Bank's revenue in 2022 was $1,064,172.
Who are the executives of Maltby Food Bank and what are their salaries?
The average compensation at Maltby Food Bank during 2022 was $40,040. There is 1 employee and 80 volunteers at Maltby Food Bank.
Here are 7 key members and their salaries:
- Compensation: $40,040
- 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: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Maltby Food Bank?
Maltby Food Bank's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maltby Food Bank
Maltby Food Bank, a nonprofit organization, is dedicated to establishing a food bank that caters to the physical needs of individuals in distress. Its primary mission is to provide nourishment for families struggling to make ends meet. Located in an undisclosed location, this food bank operates with the goal of alleviating hunger and ensuring that everyone has access to basic necessities. By offering food assistance, Maltby Food Bank aims to contribute positively to the community and promote a sense of welfare and support among its members.
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Impact
July, 2024
Maltby Food Bank makes a significant impact by providing essential food assistance to families in need. Through its efforts, it helps alleviate hunger and food insecurity in the Snohomish, WA community. By offering a reliable source of nourishment, Maltby Food Bank plays a crucial role in supporting the well-being and stability of individuals and families facing economic challenges.
This information is meant to be a general summary of Maltby Food Bank. 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: $2,236
- Gross Receipts: $1,064,172
Assets and Liabilities:
- Total Assets: $2,296,728
- Total Liabilities: $0
- Net Assets: $2,296,728
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Organization Details
Founding Year
1993
Phone
(425) 483-1946Principal Officer
Natalie Oswald
Main Address
21104 86TH AVE SE, SNOHOMISH, WA, 98296
NTEE Category
Code: P20Z - Human services
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