Overview
What is Klamath Lake Counties Food Bank?
Klamath Lake Counties Food Bank is a nonprofit organization based in Klamath Falls, Oregon, serving the Klamath, Lake, and northernmost parts of Siskiyou County in California. Their primary mission is to combat hunger by supplying food to emergency assistance programs and supporting other non-profit organizations that positively impact the lives of children and adults in these regions. During their operations, they assisted nearly 9,500 households and contributed to the preparation of approximately 250,000 meals, feeding numerous individuals including children, seniors, disabled, and homeless individuals. They distribute food to nearly 70 agencies in Klamath and Lake Counties, distributing nearly 2.4 million pounds of food in total. With a team of 15 dedicated employees, the Klamath Lake Counties Food Bank plays a crucial role in addressing food insecurity in their community.
Official website here: www.klamathfoodbank.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star rating.
Klamath Lake Counties Food Bank has achieved an 87% score, reflecting strong accountability and financial practices. The organization boasts an independent board with 88% of its members independent, which helps ensure that the governance is objective and transparent. Additionally, the food bank has demonstrated excellent financial health with a low liabilities to assets ratio and efficient fundraising practices, further indicating responsible financial management.
The food bank also excels in its program expense ratio, dedicating over 95% of its expenses to its programs, which underscores its commitment to serving the community effectively. Policies such as conflict of interest and whistleblower protections are in place, promoting ethical operations and trustworthiness. The organization publishes its tax documents and board meeting minutes, enhancing transparency and accountability to its stakeholders.
While the overall performance is commendable, the working capital ratio of 0.49 years may indicate a need for more robust reserves for future operations. This could suggest a potential vulnerability in financial sustainability, highlighting an area for improvement as the organization continues to serve the needs of the community.
This AI summary has been generated from information found on Charity Navigator.
Is Klamath Lake Counties Food Bank legitimate?
Klamath Lake Counties Food Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Klamath Lake Counties 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: $75,053
Professional Fundraising Fees: $0
Other Salaries and Wages: $224,799
For more financial information, click here
Official website here: www.klamathfoodbank.org
What is the mission statement of Klamath Lake Counties Food Bank?
The Klamath Lake Counties Food Bank's mission is centered around addressing hunger in the communities of Klamath and Lake Counties in Southern Oregon and Northern California. They achieve this by providing food to emergency food assistance programs and offering support to various non-profit agencies and their initiatives that positively impact the lives of children and adults in these regions. The bank's primary goal is to offer food to underprivileged and indigent residents, thereby aiming to alleviate hunger and improve their livelihoods.
Official website here: www.klamathfoodbank.org
Who is the CEO of Klamath Lake Counties Food Bank?
Niki Sampson is the Executive Director of Klamath Lake Counties Food Bank.
Official website here: www.klamathfoodbank.org
What is the revenue of Klamath Lake Counties Food Bank?
Klamath Lake Counties Food Bank's revenue in 2022 was $4,075,542.
Official website here: www.klamathfoodbank.org
Who are the executives of Klamath Lake Counties Food Bank and what are their salaries?
The average compensation at Klamath Lake Counties Food Bank during 2022 was $19,990. There are 15 employees at Klamath Lake Counties Food Bank.
Here are 10 key members and their salaries:
- Compensation: $75,052
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Official website here: www.klamathfoodbank.org
Where can I find the form 990 for Klamath Lake Counties Food Bank?
Klamath Lake Counties Food Bank's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.klamathfoodbank.org
Learn more at the official website: www.klamathfoodbank.org
Mission Statement of Klamath Lake Counties Food Bank
Klamath Lake Counties Food Bank, a non-profit organization, is dedicated to addressing hunger within its community. By providing food to emergency food assistance programs, the organization seeks to support underprivileged and indigent residents in Klamath, Lake, and Siskiyou Counties of Southern Oregon and Northern California. Additionally, the Food Bank supports other non-profit agencies and their programs that have a positive impact on the lives of children and adults in these counties. This multifaceted approach aims to alleviate hunger and improve the overall well-being of the community's most vulnerable members.
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Impact
July, 2024
Klamath Lake Counties Food Bank has made a significant impact by providing food to nearly 9,500 households in Klamath and Lake Counties, as well as the northernmost parts of Siskiyou County in California. Through their efforts, they have assisted in the preparation of 250,000 meals that have fed children, seniors, disabled individuals, and the homeless. In addition, the organization has distributed nearly 2.4 million pounds of food to almost 70 agencies in the region. Their work directly addresses hunger by supporting emergency food assistance programs and other non-profit agencies that benefit the lives of individuals in need.
This information is meant to be a general summary of Klamath Lake Counties 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: $331
- Gross Receipts: $4,075,542
Assets and Liabilities:
- Total Assets: $1,612,904
- Total Liabilities: $83,141
- Net Assets: $1,529,763
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Organization Details
Founding Year
1984
Phone
(541) 882-1223Principal Officer
Niki Sampson
Main Address
PO BOX 317, KLAMATH FALLS, OR, 97601
Website
www.klamathfoodbank.orgNTEE Category
Code: K31 - Food
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