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Human Services : Food Banks, Food Pantries, and Food Distribution

Food Bank of the Albemarle

Fighting hunger and poverty in northeast North Carolina

three stars

89.02

109 Tidewater Drive PO Box 1704
Elizabeth City, NC 27906
tel: (252) 335-4035   Web Site
EIN: 56-1341658

Board Leadership
Mark Campbell
President

CEO
Elizabeth Reasoner
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.02 three stars
  Financial 85.00 three stars
  Accountability & Transparency 96.00 four stars
This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The Mission of the Food Bank is to fight hunger and poverty in our 15-county service area in northeast North Carolina. We are a regional clearing house for the collection and distribution of food and grocery items to non-profit and faith-based organizations for their food programs and to eligible individuals for their food needs. We are guided by a set of Core Values and a Vision for the future: Our Communities Are Hunger Free.

The Mission of the Food Bank is to fight hunger and poverty in our 15-county service area in northeast North Carolina. We are a regional clearing house for the collection and distribution of food and grocery items to non-profit and faith-based organizations for their food programs and to eligible individuals for their food needs. We are guided by a set of Core Values and a Vision for the future: Our Communities Are Hunger Free.

Impact Information

This charity has reported a measure of cost-effectiveness: how much impact (per dollar) your donation will have on the charity's social outcome. The cost-effectiveness calculation was performed using protocols developed by ImpactMatters, an independent auditor of philanthropic impact.

For nonprofits that run multiple programs, we highlight the impact of one program below.  Learn More about Impact Information.
Program Name: Food Bank of the Albemarle
Program Activities
Food Bank of the Albemarle primarily collects, warehouses and distributes food to front-line organizations like food pantries and soup kitchens. It also manages smaller programs that serve meals and provide groceries directly to beneficiaries.
Impact Statement
$2 provides a meal to a person in need.
Impact Assessment
5/5
Assessment Benchmark
Impact assessments of food distribution programs are based on the cost of a meal relative to the cost that a food-secure person incurs to buy a meal in that county. Programs receive a 5/5 assessment if they are less than 75% the cost of a meal and a 4/5 assessment if they are less than 125%. If a nonprofit reports impact but doesn't meet the threshold for cost-effectiveness, it earns a 3/5 assessment.
Methodology
ImpactMatters analyzed publicly available data to rate the cost-effectiveness of Food Bank of the Albemarle.
Data Source
Outcome data collected during the program. Food Bank of the Albemarle publicly reports the amount of food it provides.
Method for Attributing Outcomes
We assume that the distribution of a meal from one nonprofit's food distribution program does not diminish the amount of food distributed by any other (neighboring) food distribution program. This “counterfactual” assumption about the amount of food distributed in the absence of Food Bank of the Albemarle’s food distribution program implies that the benefit of a meal to a beneficiary in need constitutes a net gain; the gain is not offset by reductions in food provided to other beneficiaries in need. We therefore set the counterfactual to zero.
Details
Analysis conducted by ImpactMatters and published on November 22, 2019.
This impact information is current as of November 2019, when it was provided to us by ImpactMatters. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

85.00

Accountability & Transparency

four stars

96.00

This rating was published 11/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
96.9%
  Administrative Expenses 1.5%
  Fundraising Expenses 1.5%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.10
  Program Expenses Growth 3.0%
  Liabilities to Assets 22.9%
All data for Financial Performance Metrics calculations was provided by Food Bank of the Albemarle on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Food Bank of the Albemarle on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Food Bank of the Albemarle (NC) 89.02 three stars
Central Pennsylvania Food Bank (PA) 98.23 four stars
Feeding South Florida (FL) 92.92 four stars
The Food Depot (NM) 98.23 four stars
All Faiths Food Bank (FL) 96.66 four stars

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,805,561
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $2,047,907
Total Contributions $8,853,468
   Program Service Revenue $649,167
Total Primary Revenue $9,502,635
   Other Revenue $112
TOTAL REVENUE $9,502,747
   
EXPENSES  
   Program Expenses $9,188,764
   Administrative Expenses $175,072
   Fundraising Expenses $131,370
TOTAL FUNCTIONAL EXPENSES $9,495,206
   
Payments to Affiliates $0
Excess (or Deficit) for the year $7,541
   
Net Assets $988,197

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Distribute food; support the food bank and pantry $6,113,343 66.5%
Distribution $1,721,051 18.7%
Commodity Program $932,086 10.1%
Food Purchase $422,284 4.6%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 11/01/2019 89.02 three stars
2017-06 12/01/2018 91.06 four stars
2017-06 09/01/2018 82.28 three stars
2016-06 08/01/2017 90.53 four stars
2015-06 08/01/2016 93.69 four stars
2014-06 06/01/2016 90.74 four stars
 
CN 2.0
2014-06 10/01/2015 91.52 four stars
2013-06 08/01/2014 93.82 four stars
2012-06 08/01/2013 96.38 four stars
2011-06 02/01/2013 96.56 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 56-1341658
Name in IRS Master File FOOD BANK OF THE ALBEMARLE
NTEE Code K31
NTEE Classification Food Banks, Food Pantries
NTEE Type Food, Agriculture and Nutrition
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (123) Discussion groups, forums, panels lectures, etc.
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date December, 1985
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$62,377 0.65% Elizabeth Reasoner Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Food Bank of the Albemarle (NC) 89.02 three stars
Hunger Task Force (WI) 89.02 three stars
Feeding San Diego (CA) 91.16 four stars
Second Harvest Community Food Bank (MO) 92.61 four stars
All Faiths Food Bank (FL) 96.66 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Food Bank of the Albemarle
109 Tidewater Drive
PO Box 1704
Elizabeth City, NC 27906
tel: (252) 335-4035
fax: (252) 335-4797
EIN: 56-1341658

Visit Web Site

Board Leadership

Mark Campbell
President

CEO

Elizabeth Reasoner
Executive Director

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