The Global FoodBanking Network
Impact & Measurement
Accountability & Finance
Culture & Community
Leadership & Adaptability
building

The Global FoodBanking Network

 
501(c)(3) organization
Donations are tax-deductible
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70 E LAKE ST STE 1200
Chicago IL 60601-5915

Chicago IL | IRS ruling year: 2006 | EIN: 20-4268851  
infoAn EIN is a unique nine-digit number that identifies a business for tax purposes.
 
Organization Mission
The Global FoodBanking Network's mission is to nourish the world’s hungry through uniting and advancing food banks. We were started by a collaboration of food bank n ...
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Rating Information

rating
Great

This charity's score is 99%, earning it a Four-Star rating. If this organization aligns with your passions and values, you can give with confidence.

This overall score is calculated from multiple beacon scores, weighted as follows: 74% Accountability & Finance, 10% Leadership & Adaptability, 16% Culture & Community. Learn more about our criteria and methodology.

Historical Ratings
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Rating Report

Accountability & Finance
Score

100

Most Recent Fiscal Year:
FY 2023
This beacon provides an assessment of a charity's financial health (financial efficiency, sustainability, and trustworthiness) and its commitment to governance practices and policies.
 

Key Accountability Metrics

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Majority Independent Board Members - 100% independent members
10 out of 10 points  plus
Independent Board Size - 14 independent members
10 out of 10 points  plus
Financial Statements - Audit and Oversight Committee
20 out of 20 points  plus
Material Diversion of Assets - None
20 out of 20 points  plus

Tax Form Disclosures and Policies

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Website Listed on Tax Form - Listed
5 out of 5 points  plus
Conflict of Interest Policy - Listed
5 out of 5 points  plus
Whistleblower Policy - Listed
5 out of 5 points  plus
Document Retention and Destruction - Listed
5 out of 5 points  plus
Documents Board Meeting Minutes - Yes
5 out of 5 points  plus
Tax Form Distributed to Board Before Filing - Listed
5 out of 5 points  plus
Loans to/from Officers - None
5 out of 5 points  plus

Website Disclosures

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Partial Credit
  
No Credit
Tax Form Posted on Nonprofit's Website - Listed
5 out of 5 points  plus

Financial Metrics

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Liabilities to Assets: Ratio - 9.65%
25 out of 25 points  plus
Program Expense: Ratio - 82.83%
25 out of 25 points  plus
Fundraising Efficiency: Ratio - $0.08
25 out of 25 points  plus
Working Capital: Ratio - 0.96 years
25 out of 25 points  plus

Additional Information

Total Revenue and Expenses - Data Available
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Salary of Key Persons - Data Available
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IRS Published Data (Business Master File) - Data Available
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Data Sources (IRS Forms 990) - Data Available
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