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International : Development and Relief Services (Grantmaking)

Foods Resource Bank

Rooted in Community. Grounded in Faith.

four stars

90.91

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

Board Leadership
Brian Backe
Chair

CEO
Marv Baldwin
President & CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 90.91 four stars
  Financial 87.50 three stars
  Accountability & Transparency 97.00 four stars
This rating was published 03/01/2018 and includes data from FY2017, the most recent 990 received at that time.

As a Christian response to world hunger, Foods Resource Bank (FRB) links the grassroots energy and commitment of the U.S. agricultural community with the capability and desire of small farmers in developing countries to grow lasting solutions to hunger. RB engages volunteers to raise money for between 50-60 overseas programs a year. All of the programs focus on developing small-holder agriculture, often in the most remote and poorest regions of the world. We see agriculture as the solution to hunger experienced in much of the world.

As a Christian response to world hunger, Foods Resource Bank (FRB) links the grassroots energy and commitment of the U.S. agricultural community with the capability and desire of small farmers in developing countries to grow lasting solutions to hunger. RB engages volunteers to raise money for between 50-60 overseas programs a year. All of the programs focus on developing small-holder agriculture, often in the most remote and poorest regions of the world. We see agriculture as the solution to hunger experienced in much of the world.

Results Information

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This results data is current as of November 2017, when it was provided to us by GuideStar. Results information published on this organization's rating page has no effect on its rating at this time. data iconLearn More

Financial

three stars

87.50

Accountability & Transparency

four stars

97.00

This rating was published 03/01/2018 and includes data from FY2017, 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)
92.1%
  Administrative Expenses 4.6%
  Fundraising Expenses 3.1%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 0.96
  Program Expenses Growth -8.1%
  Liabilities to Assets 9.0%
All data for Financial Performance Metrics calculations was provided by Foods Resource Bank on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Foods Resource Bank on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Foods Resource Bank (IL) 90.91 four stars
Bnai Zion Foundation (NY) 94.70 four stars
TechnoServe (DC) 86.73 three stars
Akshaya Patra USA (MA) 95.19 four stars
Engineering Ministries International (CO) 95.69 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,672,644
   Federated Campaigns $0
   Membership Dues $402,006
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $3,074,650
   Program Service Revenue $0
Total Primary Revenue $3,074,650
   Other Revenue $7,977
TOTAL REVENUE $3,082,627
   
EXPENSES  
   Program Expenses $2,746,898
   Administrative Expenses $149,443
   Fundraising Expenses $148,343
TOTAL FUNCTIONAL EXPENSES $3,044,684
   
Payments to Affiliates $0
Excess (or Deficit) for the year $37,943
   
Net Assets $3,360,236

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
Grants for Sustainable Food Security $2,746,898 100.0%

Ratings History
Foods Resource Bank has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
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 FOODS RESOURCE BANK
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, 2017
  • March, 2016
  • March, 2015
  • March, 2014
  • March, 2013

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).

Compensation % of Expenses Paid to Title
$139,091 4.56% J. Marvin Baldwin III President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Foods Resource Bank (IL) 90.91 four stars
Operation Bootstrap Africa (MN) 98.23 four stars
HOPE International (PA) 91.64 four stars
Near East Foundation (NY) 91.36 four stars
Acumen (NY) 95.27 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

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

Brian Backe
Chair

CEO

Marv Baldwin
President & CEO

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