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

Food Bank for Larimer County

Providing hunger relief for those in need

three stars

89.27

1301 Blue Spruce Drive Fort Collins, CO 80524
tel: (970) 493-4477   Web Site
EIN: 74-2336171

Board Leadership
Nathan Klein
Chair

CEO
Amy Pezzani
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 89.27 three stars
  Financial 84.83 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 05/01/2020 and includes data from FY2019, the most recent 990 received at that time.

In 1984, the Food Bank for Larimer County was founded to avoid duplication of food collection and distribution efforts by nonprofit agencies. Our mission is to reduce hunger through programs that collect, process, store and distribute food to individuals and in cooperation with agencies that serve those in need. We are the only Feeding America clearinghouse for donated and rescued food in Larimer County. In 2007, we reduced hunger by distributing 5.6 million pounds of donated and surplus food from the food industry, government commodities, food drives and other sources to disadvantaged Larimer County residents. These residents represent single-parent families, the working poor, senior citizens, youth in crisis, the disabled and the homeless.

In 1984, the Food Bank for Larimer County was founded to avoid duplication of food collection and distribution efforts by nonprofit agencies. Our mission is to reduce hunger through programs that collect, process, store and distribute food to individuals and in cooperation with agencies that serve those in need. We are the only Feeding America clearinghouse for donated and rescued food in Larimer County. In 2007, we reduced hunger by distributing 5.6 million pounds of donated and surplus food from the food industry, government commodities, food drives and other sources to disadvantaged Larimer County residents. These residents represent single-parent families, the working poor, senior citizens, youth in crisis, the disabled and the homeless.

Impact & Results Score

Score
100/100
Program Name: Food Share, Kids Cafe, Senior Meals, Food Link and Mobile Food Pantries, Kids Link, BackPack Program
Program Name: Food Share, Kids Cafe, Senior Meals, Food Link and Mobile Food Pantries, Kids Link, BackPack 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 Bank for Larimer County 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
$0.60 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 Bank for Larimer County.
Data Source
Outcome data collected during the program. Food Bank for Larimer County 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 Bank for Larimer County’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

three stars

84.83

Accountability & Transparency

four stars

100.00

This rating was published 05/01/2020 and includes data from FY2019, 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)
93.9%
  Administrative Expenses 2.0%
  Fundraising Expenses 3.9%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 0.72
  Program Expenses Growth 0.3%
  Liabilities to Assets 13.1%
All data for Financial Performance Metrics calculations was provided by Food Bank for Larimer County on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Food Bank for Larimer County on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Food Bank for Larimer County (CO) 89.27 three stars
Hunger Network of Greater Cleveland (OH) 85.69 three stars
Feed More (VA) 98.09 four stars
Montgomery Area Food Bank (AL) 93.14 four stars
Jacobs & Cushman San Diego Food Bank (CA) 96.66 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $18,803,936
   Federated Campaigns $76,979
   Membership Dues $0
   Fundraising Events $250,119
   Related Organizations $0
   Government Grants $337,370
Total Contributions $19,468,404
   Program Service Revenue $318,756
Total Primary Revenue $19,787,160
   Other Revenue $273,993
TOTAL REVENUE $20,061,153
   
EXPENSES  
   Program Expenses $18,556,020
   Administrative Expenses $411,430
   Fundraising Expenses $765,629
TOTAL FUNCTIONAL EXPENSES $19,733,079
   
Payments to Affiliates $0
Excess (or Deficit) for the year $328,074
   
Net Assets $14,408,756

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
Collection, Process, Store & Distribute Food $18,556,020 100.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 05/01/2020 89.27 three stars
2018-06 06/01/2019 89.27 three stars
2017-06 06/01/2018 88.24 three stars
2016-06 08/01/2017 97.60 four stars
2015-06 08/01/2016 97.51 four stars
2014-06 06/01/2016 97.67 four stars
 
CN 2.0
2014-06 10/01/2015 95.56 four stars
2013-06 06/01/2014 90.29 four stars
2012-06 08/01/2013 91.95 four stars
2011-06 06/01/2012 97.85 four stars
2011-06 05/01/2012 92.92 four stars
2010-06 09/20/2011 92.88 four stars
 
CN 1.0
2010-06 07/01/2011 98.88 four stars
2009-06 06/01/2010 99.71 four stars
2008-06 05/01/2009 96.18 four stars
2007-06 04/01/2008 95.94 four stars
2006-06 02/01/2007 96.22 four stars
2005-06 03/01/2006 97.15 four stars
2004-06 03/01/2005 97.29 four stars
2003-06 04/01/2004 95.41 four 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 74-2336171
Name in IRS Master File FOOD BANK FOR LARIMER COUNTY
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 (603) Non-financial services of facilities to other organizations
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 October, 1984
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
$150,855 0.76% Amy Pezzani Chief Executive Officer

Highly Rated

Charity Name & State Overall Score Overall Rating
Food Bank for Larimer County (CO) 89.27 three stars
Target Hunger (TX) 89.50 three stars
Second Harvest Food Bank of Central Florida (FL) 92.92 four stars
Heartland Hope Mission (NE) 96.66 four stars
Loudoun Hunger Relief (VA) 97.17 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Food Bank for Larimer County
1301 Blue Spruce Drive
Fort Collins, CO 80524
tel: (970) 493-4477
fax: (970) 493-5122
EIN: 74-2336171

Visit Web Site

Board Leadership

Nathan Klein
Chair

CEO

Amy Pezzani
Chief Executive Officer

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