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

The Food Depot

Ending hunger in northern New Mexico

four stars

98.23

1222 A Siler Road Santa Fe, NM 87507
tel: (505) 471-1633   Web Site
EIN: 85-0416803

Board Leadership
David Barton
President

CEO
Sherry Hooper
Executive Director

  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 07/01/2019 and includes data from FY2018, the most recent 990 received at that time.

The Food Depot strives to end hunger in Northern New Mexico. The food bank collects food and related products through collaborative relationships with the food industry, governments, other food banks, and the community. The Food Depot distributes what we collect through our network of charitable food providers to feed those who suffer from hunger. The Food Depot distributes an average of 440,000 pounds of food and household products, providing 370,000 meals each month. The food bank serves people in need through more than 145 nonprofit partner agencies in nine Northern New Mexico counties -- Santa Fe, San Miguel, Rio Arriba, Taos, Mora, Colfax, Los Alamos, Union and Harding. The agencies we supply include food pantries, hot meal programs, shelters for the homeless and battered families, youth programs, group homes, and senior centers.

The Food Depot strives to end hunger in Northern New Mexico. The food bank collects food and related products through collaborative relationships with the food industry, governments, other food banks, and the community. The Food Depot distributes what we collect through our network of charitable food providers to feed those who suffer from hunger. The Food Depot distributes an average of 440,000 pounds of food and household products, providing 370,000 meals each month. The food bank serves people in need through more than 145 nonprofit partner agencies in nine Northern New Mexico counties -- Santa Fe, San Miguel, Rio Arriba, Taos, Mora, Colfax, Los Alamos, Union and Harding. The agencies we supply include food pantries, hot meal programs, shelters for the homeless and battered families, youth programs, group homes, and senior centers.

Impact & Results Score

Score
100/100
Program Name: Partner Agency Distribution, Mobile Food Pantry, Food 4 Kids BackPack Program, Lunch Box Express and Square Meals
Program Name: Partner Agency Distribution, Mobile Food Pantry, Food 4 Kids BackPack Program, Lunch Box Express and Square Meals

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
The Food Depot 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 The Food Depot.
Data Source
Outcome data collected during the program. The Food Depot 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 The Food Depot’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

97.50

Accountability & Transparency

four stars

100.00

This rating was published 07/01/2019 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)
94.4%
  Administrative Expenses 1.7%
  Fundraising Expenses 3.7%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 0.53
  Program Expenses Growth 12.8%
  Liabilities to Assets 4.1%
All data for Financial Performance Metrics calculations was provided by The Food Depot on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Food Depot on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Food Depot (NM) 98.23 four stars
The Food Bank of Western Massachusetts (MA) 92.90 four stars
Northampton Survival Center (MA) 89.90 three stars
Loaves & Fishes Community Services (IL) 95.59 four stars
Georgia Mountain Food Bank (GA) 93.37 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $11,849,668
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $55,960
   Related Organizations $0
   Government Grants $1,956,201
Total Contributions $13,861,829
   Program Service Revenue $260,832
Total Primary Revenue $14,122,661
   Other Revenue $12,489
TOTAL REVENUE $14,135,150
   
EXPENSES  
   Program Expenses $13,079,973
   Administrative Expenses $258,181
   Fundraising Expenses $475,530
TOTAL FUNCTIONAL EXPENSES $13,813,684
   
Payments to Affiliates $0
Excess (or Deficit) for the year $321,466
   
Net Assets $7,363,382

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 $9,235,218 70.6%
Mobile Food Pantry $3,212,530 24.6%
Food 4 Kids Back Pack $213,560 1.6%

Ratings History
The Food Depot has received 12 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 07/01/2019 98.23 four stars
2017-06 09/01/2018 96.66 four stars
2016-06 10/01/2017 96.66 four stars
2015-06 10/01/2016 96.66 four stars
2014-06 06/01/2016 97.17 four stars
 
CN 2.0
2014-06 11/01/2015 96.19 four stars
2013-06 08/01/2014 97.79 four stars
2012-06 08/01/2013 99.58 four stars
2011-06 06/01/2012 94.58 four stars
2010-06 09/20/2011 94.27 four stars
 
CN 1.0
2010-06 07/01/2011 95.93 four stars
2009-06 08/01/2010 94.21 four stars
2008-06 08/01/2009 91.53 four stars
2007-06 08/01/2008 90.90 four stars
2006-06 03/01/2007 86.56 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 85-0416803
Name in IRS Master File FOOD DEPOT
NTEE Code P20
NTEE Classification Human Service Organizations - Multipurpose
NTEE Type Human Services - Multipurpose and Other
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 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, 1994
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
$113,574 0.82% Sherry Hooper Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
The Food Depot (NM) 98.23 four stars
West Seattle Food Bank (WA) 95.47 four stars
Rock River Valley Pantry (IL) 88.35 three stars
Missoula Food Bank (MT) 93.32 four stars
The Food Bank of Lower Fairfield County (CT) 87.62 three stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

The Food Depot
1222 A Siler Road
Santa Fe, NM 87507
tel: (505) 471-1633
fax: (505) 471-2025
EIN: 85-0416803

Visit Web Site

Board Leadership

David Barton
President

CEO

Sherry Hooper
Executive Director

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