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

Feed More

Nourishing the community, empowering lives

four stars

98.23

1415 Rhoadmiller Street Richmond, VA 23220
tel: (804) 521-2500   Web Site
EIN: 54-1150923

Board Leadership
William D. Robinson
Chair

CEO
Douglas Pick
President and Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 98.23 four stars
  Financial 97.50 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 10/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Feed More collects, prepares and distributes food to neighbors in need throughout Central Virginia. With a service area that stretches across 34 counties and cities, Feed More's comprehensive programs and network of nearly 300 agencies helps ensure our communities have access to healthy meals year round. Feed More is a proud member of Feeding America and Meals on Wheels America.

Feed More collects, prepares and distributes food to neighbors in need throughout Central Virginia. With a service area that stretches across 34 counties and cities, Feed More's comprehensive programs and network of nearly 300 agencies helps ensure our communities have access to healthy meals year round. Feed More is a proud member of Feeding America and Meals on Wheels America.

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: Feed More
Program Activities
Feed More 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 Feed More.
Data Source
Outcome data collected during the program. Feed More 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 Feed More’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 November 2019, 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

97.50

Accountability & Transparency

four stars

100.00

This rating was published 10/01/2019 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)
96.0%
  Administrative Expenses 1.4%
  Fundraising Expenses 2.4%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 0.41
  Program Expenses Growth 8.2%
  Liabilities to Assets 5.4%
All data for Financial Performance Metrics calculations was provided by Feed More on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Feed More on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $53,958,991
   Federated Campaigns $315,821
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $196,155
Total Contributions $54,470,967
   Program Service Revenue $4,492,136
Total Primary Revenue $58,963,103
   Other Revenue $513,275
TOTAL REVENUE $59,476,378
   
EXPENSES  
   Program Expenses $56,506,592
   Administrative Expenses $787,901
   Fundraising Expenses $1,275,570
TOTAL FUNCTIONAL EXPENSES $58,570,063
   
Payments to Affiliates $0
Excess (or Deficit) for the year $906,315
   
Net Assets $25,537,626

Charts

Compensation % of Expenses Paid to Title
$237,187 0.40% Douglas Pick Chief Executive Officer

Mission

Feed More collects, prepares and distributes food to neighbors in need throughout Central Virginia. With a service area that stretches across 34 counties and cities, Feed More's comprehensive programs and network of nearly 300 agencies helps ensure our communities have access to healthy meals year round. Feed More is a proud member of Feeding America and Meals on Wheels America.

Highly Rated

Charity Name & State Overall Score Overall Rating
Feed More (VA) 98.23 four stars
California Emergency Foodlink (CA) 92.38 four stars
Food Bank of Lincoln (NE) 90.98 four stars
The Food Bank of Central Louisiana (LA) 86.55 three stars
Food Bank of the Rio Grande Valley, Inc. (TX) 92.61 four stars

Compare These Charities (Highly Rated)

Charity Contact Info

Feed More
1415 Rhoadmiller Street
Richmond, VA 23220
tel: (804) 521-2500
fax: (804) 521-2501
EIN: 54-1150923

Visit Web Site

Board Leadership

William D. Robinson
Chair

CEO

Douglas Pick
President and Chief Executive Officer