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International : Development and Relief Services (Grantmaking)

Growing Hope Globally, formerly Foods Resource Bank

Growing lasting solutions to hunger

three stars

89.39

4479 Central Avenue Western Springs, IL 60558
tel: (888) 276-4372   Web Site
EIN: 54-1940516

Board Leadership
Jerry Lundeen
Chair

CEO
Max Finberg
President & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 89.39 three stars
  Financial 85.00 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 12/20/2019 and includes data from FY2019, the most recent 990 received at that time.

MISSION: As a Christian response to hunger, we link the grassroots energy and commitment of agricultural communities around the world with the capability and desire of smallholder farmers in developing countries to grow lasting solutions to hunger. VISION: We envision a day when all people around the world have enough to eat and the physical, financial and community resources to live hopeful, healthy, productive lives. Our constructive role in this transformation is to raise resources to support sustainable smallholder agricultural development and to increase opportunities for all people to work together consciously toward a more just and equitable world for all.

MISSION: As a Christian response to hunger, we link the grassroots energy and commitment of agricultural communities around the world with the capability and desire of smallholder farmers in developing countries to grow lasting solutions to hunger. VISION: We envision a day when all people around the world have enough to eat and the physical, financial and community resources to live hopeful, healthy, productive lives. Our constructive role in this transformation is to raise resources to support sustainable smallholder agricultural development and to increase opportunities for all people to work together consciously toward a more just and equitable world for all.

Impact Information

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This impact information is current as of August 2020, when it was provided to us by GuideStar. 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

100.00

This rating was published 12/20/2019 and includes data from FY2019, 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)
85.9%
  Administrative Expenses 7.6%
  Fundraising Expenses 6.3%
  Fundraising Efficiency $0.06
  Working Capital Ratio (years) 0.96
  Program Expenses Growth -1.1%
  Liabilities to Assets 8.2%
All data for Financial Performance Metrics calculations was provided by Growing Hope Globally, formerly Foods Resource Bank on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Growing Hope Globally, formerly Foods Resource Bank on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Growing Hope Globally, formerly Foods Resource Bank (IL) 89.39 three stars
Global Fund for Children (DC) 86.51 three stars
One Acre Fund (IL) 90.19 four stars
Landesa (WA) 95.17 four stars
Clinton Foundation (NY) 89.28 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,380,217
   Federated Campaigns $0
   Membership Dues $332,001
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $2,712,218
   Program Service Revenue $0
Total Primary Revenue $2,712,218
   Other Revenue $11,562
TOTAL REVENUE $2,723,780
   
EXPENSES  
   Program Expenses $2,684,771
   Administrative Expenses $340,019
   Fundraising Expenses $230,645
TOTAL FUNCTIONAL EXPENSES $3,255,435
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-531,655
   
Net Assets $2,985,776

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
Community Initiatives $2,684,771 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-03 12/20/2019 89.39 three stars
2018-03 03/01/2019 92.92 four stars
2018-03 02/01/2019 92.38 four stars
2017-03 03/01/2018 90.91 four stars
2016-03 04/01/2017 92.06 four stars
2015-03 06/01/2016 95.71 four stars
 
CN 2.0
2015-03 10/01/2015 88.48 three stars
2014-03 03/01/2015 86.81 three stars
2013-03 12/01/2013 97.78 four stars
2013-03 11/01/2013 95.00 four stars
2012-03 05/01/2013 88.79 three 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 54-1940516
Name in IRS Master File GROWING HOPE GLOBALLY
NTEE Code K30
NTEE Classification Food Service, Free Food Distribution Programs
NTEE Type Food, Agriculture and Nutrition
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
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, 1999
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End March
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • March, 2018
  • March, 2017
  • March, 2016
  • March, 2015
  • March, 2014
Compensation % of Expenses Paid to Title
$50,022 1.53% Max Finberg President, CEO
Other Salaries of Note
$63,615 1.95% J. Marvin Baldwin Former President & CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Growing Hope Globally, formerly Foods Resource Bank (IL) 89.39 three stars
International Institute of Rural Reconstruction (IIRR) (NY) 94.12 four stars
Operation Bootstrap Africa (MN) 94.02 four stars
Acumen (NY) 93.75 four stars
BRAC USA (NY) 91.16 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Growing Hope Globally, formerly Foods Resource Bank
4479 Central Avenue
Western Springs, IL 60558
tel: (888) 276-4372
EIN: 54-1940516

Mail donations to:
P.O. Box 5628
Carol Stream, IL 60197

Visit Web Site

Board Leadership

Jerry Lundeen
Chair

CEO

Max Finberg
President & CEO

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