Overview
What is Los Angeles Regional Food Bank?
The Los Angeles Regional Food Bank is a nonprofit organization dedicated to combating hunger in the community. To achieve its mission, the food bank sources and acquires nutritious food and distributes it to individuals facing nutrition insecurity. This distribution happens through partnerships with agencies and directly through programs. The food bank also engages the community to support hunger relief efforts and conducts education and awareness campaigns, as well as advocating for policies that benefit the people it serves. With a team of 212 employees, the organization is responsible for distributing donated and purchased food to 606 charitable organizations, which serve 794 sites across Los Angeles County. These agencies use the food to provide grocery products or meals to individuals in need. To become a recipient of food from the Food Bank, an agency must complete an application process and undergo an on-site monitoring. The food bank's Shop-Smart-Save program, which has an average margin of 14.77%, helps recoup some of its storage and distribution costs. In 2022, all donated food and products were distributed to agencies free of charge.
Official website here: www.lafoodbank.orgwww
What are the reviews and ratings of this charity?
Charity Navigator Rating 99% - Four-Star out of Four Star rating
The Los Angeles Regional Food Bank has received a Four-Star rating from Charity Navigator, highlighting its exceptional performance in accountability and finance, impact and measurement, and leadership adaptability. The organization boasts a remarkable program expense ratio of 97.71% and has a low fundraising efficiency ratio of $0.01, indicating that the vast majority of its funds go directly to programs. In 2022, the Food Bank distributed an impressive 110 million pounds of food, equating to 88 million meals, effectively serving over 800,000 individuals each month.
User reviews from Great Nonprofits reflect a positive volunteering experience, with many praising the organization for its engaging and fulfilling environment. One volunteer noted the rewarding feeling of contributing to the community while highlighting the hard work involved. Another review mentioned the Food Bank's requirement for volunteers, indicating its reliance on community involvement for success, particularly for students seeking community service hours.
While the overall feedback is highly favorable, the organization does experience challenges in consistently recruiting enough volunteers. This aspect can be crucial for maintaining their level of service and support to the community, making volunteer engagement an area for continued focus.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Los Angeles Regional Food Bank legitimate?
Los Angeles Regional Food Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Angeles Regional 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: $1,568,849
Professional Fundraising Fees: $0
Other Salaries and Wages: $16,344,223
For more financial information, click here
Official website here: www.lafoodbank.orgwww
What is the mission statement of Los Angeles Regional Food Bank?
The Los Angeles Regional Food Bank works diligently to address hunger in the community by procuring and distributing nutritious food to individuals facing nutrition insecurity. Through their partner agency network and direct programs, they efficiently deliver essential resources. The organization also rallies the community to join the fight against hunger and advocates for policies that benefit those in need. Hunger and nutrition education campaigns are conducted to spread awareness and knowledge.
Official website here: www.lafoodbank.orgwww
Who is the CEO of Los Angeles Regional Food Bank?
Michael Flood is the CEO of Los Angeles Regional Food Bank The CEO's salary of Los Angeles Regional Food Bank is $326,795 and their total compensation is $363,486.
Official website here: www.lafoodbank.orgwww
What is the revenue of Los Angeles Regional Food Bank?
Los Angeles Regional Food Bank's revenue in 2023 was $259,235,417.
Official website here: www.lafoodbank.orgwww
Who are the executives of Los Angeles Regional Food Bank and what are their salaries?
The average compensation at Los Angeles Regional Food Bank during 2023 was $77,883. There are 230 employees and 21210 volunteers at Los Angeles Regional Food Bank.
Here are 49 key members and their salaries (Los Angeles Regional Food Bank's CEO's salary is $326,795 and their total compensation is $363,486):
- Compensation: $326,795
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- Other: $36,691
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- Compensation: $248,568
- Related: $0
- Other: $11,072
- Compensation: $228,418
- Related: $0
- Other: $22,952
- Compensation: $266,704
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- Other: $18,013
- Compensation: $174,896
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- Other: $3,639
- Compensation: $171,995
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- Other: $13,550
- Compensation: $170,950
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- Other: $18,665
- Compensation: $186,929
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- Other: $14,167
- Compensation: $173,778
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- Other: $5,329
- Compensation: $154,334
- Related: $0
- Other: $11,936
- Compensation: $192,655
- Related: $0
- Other: $15,886
- Compensation: $173,156
- Related: $0
- Other: $15,407
- Compensation: $150,408
- Related: $0
- Other: $21,298
- Compensation: $195,456
- Related: $0
- Other: $12,431
- Compensation: $126,582
- Related: $0
- Other: $12,766
- Compensation: $128,003
- Related: $0
- Other: $20,693
- Compensation: $133,044
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- Other: $12,108
- Compensation: $138,072
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- Other: $12,954
- Compensation: $123,417
- Related: $0
- Other: $4,231
Official website here: www.lafoodbank.orgwww
Where can I find the form 990 for Los Angeles Regional Food Bank?
Los Angeles Regional Food Bank's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lafoodbank.orgwww
Learn more at the official website: www.lafoodbank.orgwww
Mission Statement of Los Angeles Regional Food Bank
The Los Angeles Regional Food Bank is a vital organization dedicated to combating hunger within the community. In order to accomplish this mission, the Food Bank takes several crucial steps. First and foremost, it sources and acquires nutritious food and other essential products. These resources are then distributed to individuals and families facing nutrition insecurity through a network of partner agencies and directly via programs.
Moreover, the Los Angeles Regional Food Bank engages the local community in the fight against hunger. It encourages and mobilizes the public to support hunger relief efforts. Additionally, the organization conducts awareness campaigns and hunger education initiatives to inform and sensitize the public regarding the issue of food insecurity. Lastly, the Los Angeles Regional Food Bank advocates for public policies that benefit those it serves. These initiatives encompass a multifaceted approach that not only addresses the immediate needs of individuals but also works towards creating a long-term, sustainable solution to hunger within the community.
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Impact
October, 2024
The Los Angeles Regional Food Bank plays a vital role in addressing hunger and nutrition insecurity in the community. By sourcing and acquiring nutritious food, it distributes essential resources to those in need through a robust network of 606 partner agencies across 794 sites in Los Angeles County. This extensive distribution model ensures that individuals and families facing food insecurity have access to grocery products and meals.
In 2022, the Food Bank demonstrated its commitment to alleviating hunger by providing 100% of donated food at no cost to these agencies, effectively mobilizing resources to combat food scarcity. The Shop-Smart-Save program, with its average margin of 14.77%, enables the Food Bank to partially recoup storage and distribution expenses while expanding its reach.
Beyond food distribution, the organization actively engages the community through hunger and nutrition education initiatives, fostering awareness and advocacy for public policies that benefit the individuals it serves. By energizing community involvement and support for hunger relief efforts, the Los Angeles Regional Food Bank not only addresses immediate needs but also seeks to create a lasting impact in the fight against hunger in Los Angeles.
This information is meant to be a general summary of Los Angeles Regional 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 2023.
- Investment Income: $959,842
- Program Service Revenue: $1,048,243
- Gross Receipts: $259,796,811
Assets and Liabilities:
- Total Assets: $151,094,551
- Total Liabilities: $37,624,873
- Net Assets: $113,469,678
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SHOP SMART AND SAVE
Revenue
$976,243
RECYCLING PROGRAM
Revenue
$72,000
Organization Details
Founding Year
1977
Principal Officer
Michael Flood
Website
www.lafoodbank.orgwwwNTEE Category
Code: K31 - Food
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