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

Dare to Care Food Bank

Leading our community to feed the hungry and conquer the cycle of need

four stars

93.36

5803 Fern Valley Road Louisville, KY 40228
tel: (502) 966-3821   Web Site
EIN: 23-7345952

Board Leadership
Ashley Butler
Chair

CEO
Brian Riendeau
Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 93.36 four stars
  Financial 90.61 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Founded in 1971, Dare to Care Food Bank leads our community to feed the hungry and conquer the cycle of need. We fulfill this mission through strategic partnerships, innovative programs, and community engagement. We serve 13 counties in Kentuckiana, including Jefferson, Shelby, Bullitt, Oldham, Spencer, Carroll, Trimble, and Henry in Kentucky, and Floyd, Clark, Harrison, Washington, and Crawford in Indiana. Our 55,000 square foot warehouse is equipped to store and inventory food at the highest commercial food safety standards. In the past year, Dare to Care distributed food for more than 19 million meals to local families struggling with hunger.

Founded in 1971, Dare to Care Food Bank leads our community to feed the hungry and conquer the cycle of need. We fulfill this mission through strategic partnerships, innovative programs, and community engagement. We serve 13 counties in Kentuckiana, including Jefferson, Shelby, Bullitt, Oldham, Spencer, Carroll, Trimble, and Henry in Kentucky, and Floyd, Clark, Harrison, Washington, and Crawford in Indiana. Our 55,000 square foot warehouse is equipped to store and inventory food at the highest commercial food safety standards. In the past year, Dare to Care distributed food for more than 19 million meals to local families struggling with hunger.

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: Dare to Care Food Bank
Program Activities
Dare to Care 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.
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 Dare to Care Food Bank.
Data Source
Outcome data collected during the program. Dare to Care 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 Dare to Care 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 June 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

90.61

Accountability & Transparency

four stars

100.00

This rating was published 08/01/2019 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 1.8%
  Fundraising Expenses 3.2%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 0.35
  Program Expenses Growth 1.1%
  Liabilities to Assets 1.2%
All data for Financial Performance Metrics calculations was provided by Dare to Care Food Bank on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Dare to Care Food Bank on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Dare to Care Food Bank (KY) 93.36 four stars
Community Food Share (CO) 96.60 four stars
Food Bank of Alaska (AK) 90.81 four stars
Three Square (NV) 98.23 four stars
Food Bank of Northeast Georgia (GA) 91.29 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $28,477,706
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $102,100
   Related Organizations $0
   Government Grants $9,458,767
Total Contributions $38,038,573
   Program Service Revenue $0
Total Primary Revenue $38,038,573
   Other Revenue $1,111,932
TOTAL REVENUE $39,150,505
   
EXPENSES  
   Program Expenses $37,531,988
   Administrative Expenses $754,926
   Fundraising Expenses $1,293,948
TOTAL FUNCTIONAL EXPENSES $39,580,862
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-430,357
   
Net Assets $14,563,256

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
Food Distribution $35,781,713 95.3%
Community Kitchen $1,108,263 2.9%
Kids Café Program $642,012 1.7%

Ratings History
Dare to Care Food Bank has received 7 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 08/01/2019 93.36 four stars
2017-06 02/01/2019 97.26 four stars
2017-06 06/01/2018 96.53 four stars
2016-06 09/01/2017 97.23 four stars
2015-06 08/01/2016 99.24 four stars
2014-06 06/01/2016 100.00 four stars
 
CN 2.0
2014-06 11/01/2015 97.15 four stars
2013-06 07/01/2014 99.66 four stars
2012-06 07/01/2013 97.15 four stars
2011-06 05/01/2012 88.70 three stars
2010-06 09/20/2011 94.59 four stars
 
CN 1.0
2010-06 07/01/2011 96.93 four stars
2009-06 09/01/2010 96.94 four stars
2008-06 02/01/2010 99.55 four stars
2007-06 09/01/2008 80.34 three stars
2006-06 04/01/2007 92.41 four stars
2005-06 07/01/2006 99.49 four stars
2004-06 07/01/2005 98.47 four stars
2003-06 07/01/2004 81.30 three stars
2002-06 10/01/2003 78.08 two 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 23-7345952
Name in IRS Master File DARE TO CARE 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 (560) Supplying money, goods or services to the poor
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 Central - the organization is a central type organization (no group exemption) of a National, Regional or Geographic grouping of organizations.
Group Name [Not Applicable]
Ruling Date February, 1974
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
$142,089 0.35% Brian Riendeau Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Dare to Care Food Bank (KY) 93.36 four stars
Alameda County Community Food Bank (CA) 91.24 four stars
Middle Georgia Community Food Bank (GA) 87.83 three stars
Interfaith Food Pantry (NJ) 95.43 four stars
FreeStore FoodBank (OH) 93.87 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Dare to Care Food Bank
5803 Fern Valley Road
Louisville, KY 40228
tel: (502) 966-3821
fax: (502) 966-3827
EIN: 23-7345952

Visit Web Site

Board Leadership

Ashley Butler
Chair

CEO

Brian Riendeau
Executive Director

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