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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

four stars

93.69

109 Tidewater Drive Elizabeth City, NC 27909
tel: (252) 335-4035   Web Site
EIN: 56-1341658

Board Leadership
Maureen Donnelly
President

CEO
Liz Reasoner
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 93.69 four stars
  Financial 92.03 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 08/01/2016 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

four stars

92.03

Accountability & Transparency

four stars

96.00

This rating was published 08/01/2016 and includes data from FY2015, 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)
97.1%
  Administrative Expenses 1.4%
  Fundraising Expenses 1.3%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.13
  Program Expenses Growth 9.5%
  Liabilities to Assets 17.9%
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) 93.69 four stars
God's Pantry Food Bank (KY) 91.76 four stars
Harvesters: The Community Food Network (MO) 94.30 four stars
Circle Of Concern (MO) 85.72 three stars
Food Bank of the Rockies (CO) 93.98 four stars

Compare These Charities (Highly Rated)

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.

REVENUE  
Contributions  
   Contributions, Gifts & Grants $7,168,153
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $1,656,254
Total Contributions $8,824,407
   Program Service Revenue $561,911
Total Primary Revenue $9,386,318
   Other Revenue $-552
TOTAL REVENUE $9,385,766
   
EXPENSES  
   Program Expenses $9,219,142
   Administrative Expenses $131,183
   Fundraising Expenses $130,465
TOTAL FUNCTIONAL EXPENSES $9,480,790
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-95,024
   
Net Assets $1,169,477

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 $648,209 7.0%
Food Purchase $498,650 5.4%
Child and Adult Care Food Program $26,598 0.3%

Ratings History
Food Bank of the Albemarle has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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]
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, 2015
  • June, 2014
  • June, 2013
  • June, 2012
  • June, 2011

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

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Compensation % of Expenses Paid to Title
$57,500 0.60% Elizabeth Reasoner Executive Director

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Food Bank of the Albemarle (NC) 93.69 four stars
United Food Bank (AZ) 89.09 three stars
Eastern Illinois Foodbank (IL) 94.63 four stars
Second Harvest Food Bank of Metrolina (NC) 91.88 four stars
North Country Food Bank, Inc. (MN) 92.02 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
Elizabeth City, NC 27909
tel: (252) 335-4035
fax: (252) 335-4797
EIN: 56-1341658

Visit Web Site

Board Leadership

Maureen Donnelly
President

CEO

Liz Reasoner
Executive Director

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