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

Food Finders Food Bank

Fighting hunger, giving hope

four stars

92.16

1204 Greenbush Street Lafayette, IN 47904
tel: (765) 471-0062   Web Site
EIN: 31-1020198

Board Leadership
Leta Kelley
Board Chairperson

CEO
Katy Bunder
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 92.16 four stars
  Financial 98.65 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 12/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Food Finders Food Bank collaborates with other organizations to provide food for those in need and to educate, advocate and address food insecurity in North Central Indiana.

Food Finders Food Bank collaborates with other organizations to provide food for those in need and to educate, advocate and address food insecurity in North Central Indiana.

Impact & Results Score

Score
100/100
Program Name: Agency Partner Program, BackPack Program, Mobile Pantry Outreach, Summer Food Service Program and Senior Grocery Program
Program Name: Agency Partner Program, BackPack Program, Mobile Pantry Outreach, Summer Food Service Program and Senior Grocery Program

Note: The Impact & Results score currently has no effect on the nonprofit's Star Rating.

The Impact & Results score is a measure of how well a nonprofit delivers on its stated mission. To issue a score, Charity Navigator estimates the actual impact the nonprofit has on the lives of those it serves, and determines whether it is making good use of donor resources to achieve that impact. Learn more about our Impact & Results methodology here.

Program Activities
Food Finders Food Bank 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.
Assessment Benchmark
Impact & Results scores 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 an Impact & Results score of 100 if they are less than 75% the cost of a meal and a score of 75 if they are less than 125%. If a nonprofit reports impact but doesn't meet the threshold for cost-effectiveness, it earns a score of 50.
Methodology
ImpactMatters analyzed publicly available data to rate the cost-effectiveness of Food Finders Food Bank.
Data Source
Outcome data collected during the program. Food Finders Food Bank 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 Finders Food Bank’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 September 2020, 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

four stars

98.65

Accountability & Transparency

three stars

89.00

This rating was published 12/01/2019 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)
94.9%
  Administrative Expenses 2.9%
  Fundraising Expenses 2.1%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 0.45
  Program Expenses Growth 6.7%
  Liabilities to Assets 4.8%
All data for Financial Performance Metrics calculations was provided by Food Finders Food Bank on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Food Finders Food Bank on recent 990s filed with the IRS.

Constituent Voice

Charity Navigator believes collecting feedback from the people an organization serves can make it more effective. That is why we're partnering with GuideStar by Candid to share Constituent Voice information with you. Here's how this organization is listening and learning from its constituents:
How is the organization collecting feedback?
Paper surveys
How is the organization using feedback?
To identify and remedy poor client service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve
With whom is the organization sharing feedback?
Our board, Our funders, Our community partners
What challenges does the organization face when collecting feedback?
Note: This organization did not select any of the multiple choice responses to this question
Describe a recent change in your organization that resulted from feedback.
Note: This organization did not answer this question
This Constituent Voice information is provided to us by Candid. At this time, Constituent Voice information published on this organization's page has no effect on its rating per our methodology.

Highly Rated

Charity Name & State Overall Score Overall Rating
Food Finders Food Bank (IN) 92.16 four stars
Treasure Coast Food Bank (FL) 91.16 four stars
Food Bank of Western New York (NY) 91.19 four stars
Food Bank of Central New York (NY) 92.35 four stars
Kansas Food Bank (KS) 95.34 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $13,816,312
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $717,381
   Related Organizations $0
   Government Grants $266,106
Total Contributions $14,799,799
   Program Service Revenue $417,261
Total Primary Revenue $15,217,060
   Other Revenue $-22,631
TOTAL REVENUE $15,194,429
   
EXPENSES  
   Program Expenses $14,602,655
   Administrative Expenses $406,065
   Fundraising Expenses $272,981
TOTAL FUNCTIONAL EXPENSES $15,281,701
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-87,272
   
Net Assets $6,355,286

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
Outreach Programs $7,396,914 50.6%
Food Distribution $7,183,765 49.2%

Ratings History
Food Finders Food Bank has received 4 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-09 12/01/2019 92.16 four stars
2017-09 02/01/2019 92.93 four stars
2016-09 03/01/2018 91.71 four stars
2015-09 08/01/2017 92.92 four stars
2015-09 04/01/2017 89.48 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 31-1020198
Name in IRS Master File FOOD FINDERS FOOD BANK INC
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 (408) Community service organization
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, 1981
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2017
  • September, 2016
  • September, 2015
  • September, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$90,428 0.59% Katy O. Bunder Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Food Finders Food Bank (IN) 92.16 four stars
nourish.NJ (NJ) 91.20 four stars
Loudoun Hunger Relief (VA) 97.17 four stars
Volunteers Enlisted to Assist People (MN) 86.49 three stars
Food Bank of South Jersey (NJ) 88.55 three stars

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This charity has an official representative registered with Charity Navigator.

Constituent Voice

This organization is sharing information on how they communicate with stakeholders to better inform your giving.

Charity Contact Info

Food Finders Food Bank
1204 Greenbush Street
Lafayette, IN 47904
tel: (765) 471-0062
fax: (765) 471-0011
EIN: 31-1020198

Visit Web Site

Board Leadership

Leta Kelley
Board Chairperson

CEO

Katy Bunder
Chief Executive Officer

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