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

94.84

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

Board Leadership
Carly Launius
Chair

CEO
Vincent James
CEO and President

  Score
(out of 100)
Rating
Overall Score & Rating 94.84
  Financial 93.90
  Accountability & Transparency 96.00
This rating was published 11/01/2021 and includes data from FY2020, 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 warehouse is equipped to store and inventory food at the highest commercial food safety standards. Our Community Kitchen houses Dare to Care's production and innovation kitchen, a job training kitchen in partnership with Catholic Charities Common Table program, and a demonstration kitchen and classroom space. In the past year, Dare to Care distributed food for more than 26 million pounds of food 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 warehouse is equipped to store and inventory food at the highest commercial food safety standards. Our Community Kitchen houses Dare to Care's production and innovation kitchen, a job training kitchen in partnership with Catholic Charities Common Table program, and a demonstration kitchen and classroom space. In the past year, Dare to Care distributed food for more than 26 million pounds of food to local families struggling with hunger.

Impact & Results Score

Score
100/100
Program Name: Community Kitchen, Kids Cafe Program, Backpack Buddy, Prescriptive Pantry and Food Bank
Program Name: Community Kitchen, Kids Cafe Program, Backpack Buddy, Prescriptive Pantry and Food Bank

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
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.
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 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 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

93.90

Accountability & Transparency

96.00

This rating was published 11/01/2021 and includes data from FY2020, 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)
94.8%
  Administrative Expenses 1.7%
  Fundraising Expenses 3.3%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 0.60
  Program Expenses Growth 3.4%
  Liabilities to Assets 3.6%
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.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $33,583,791
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $20,758,113
Total Contributions $54,341,904
   Program Service Revenue $0
Total Primary Revenue $54,341,904
   Other Revenue $152,107
TOTAL REVENUE $54,494,011
   
EXPENSES  
   Program Expenses $45,526,487
   Administrative Expenses $767,920
   Fundraising Expenses $1,588,335
TOTAL FUNCTIONAL EXPENSES $47,882,742
   
Payments to Affiliates $0
Excess (or Deficit) for the year $6,611,269
   
Net Assets $26,246,508

Charts

Compensation % of Expenses Paid to Title
$153,501 0.32% Brian Riendeau Executive Director

Mission

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 warehouse is equipped to store and inventory food at the highest commercial food safety standards. Our Community Kitchen houses Dare to Care's production and innovation kitchen, a job training kitchen in partnership with Catholic Charities Common Table program, and a demonstration kitchen and classroom space. In the past year, Dare to Care distributed food for more than 26 million pounds of food to local families struggling with hunger.

Highly Rated

Charity Name & State Overall Score Overall Rating
Dare to Care Food Bank (KY) 94.84
Greater Lansing Food Bank (MI) 90.52
Helena Food Share (MT) 92.03
The Greater Boston Food Bank (MA) 94.69
Food Bank of South Jersey (NJ) 92.92

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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

Carly Launius
Chair

CEO

Vincent James
CEO and President