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

Care and Share Food Bank for Southern Colorado

An end to hunger in Southern Colorado.

four stars

91.60

2605 Preamble Point Colorado Springs, CO 80915
tel: (719) 528-1247   Web Site
EIN: 84-0731930

Board Leadership
Tim Sullivan
Board Chair

CEO
Lynne Telford
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 91.60 four stars
  Financial 88.13 three stars
  Accountability & Transparency 100.00 four stars
This rating was published 11/01/2020 and includes data from FY2019, the most recent 990 received at that time.

Care and Share Food Bank is a southern Colorado-based food bank affiliated with Feeding America's national network of food banks. Our mission is to "bridge the gap between hunger and abundance." Through a comprehensive food acquisition system, Care and Share acts as the sole food bank in the region for locally and nationally donated and purchased food. In fiscal year 2010-11 Care and Share distributed 11.4 million pounds of food through more than 300 human service agencies in southern Colorado. These agencies include emergency food pantries, soup kitchens, shelters for the homeless, child placement agencies, domestic violence shelters, residential treatment facilities, day care centers for both youth and the elderly and other individuals in need.

Care and Share Food Bank is a southern Colorado-based food bank affiliated with Feeding America's national network of food banks. Our mission is to "bridge the gap between hunger and abundance." Through a comprehensive food acquisition system, Care and Share acts as the sole food bank in the region for locally and nationally donated and purchased food. In fiscal year 2010-11 Care and Share distributed 11.4 million pounds of food through more than 300 human service agencies in southern Colorado. These agencies include emergency food pantries, soup kitchens, shelters for the homeless, child placement agencies, domestic violence shelters, residential treatment facilities, day care centers for both youth and the elderly and other individuals in need.

Impact & Results Score

Score
100/100
Program Name: Meal Sites and Food Pantries, Children's Nutrition Initiative, The Emergency Food Assistance Program and Commodity Supplemental Food Program
Program Name: Meal Sites and Food Pantries, Children's Nutrition Initiative, The Emergency Food Assistance Program and Commodity Supplemental Food 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
Care and Share Food Bank for Southern Colorado 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 Care and Share Food Bank for Southern Colorado.
Data Source
Outcome data collected during the program. Care and Share Food Bank for Southern Colorado 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 Care and Share Food Bank for Southern Colorado’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

88.13

Accountability & Transparency

four stars

100.00

This rating was published 11/01/2020 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)
96.3%
  Administrative Expenses 1.5%
  Fundraising Expenses 2.1%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 0.22
  Program Expenses Growth 6.1%
  Liabilities to Assets 20.8%
All data for Financial Performance Metrics calculations was provided by Care and Share Food Bank for Southern Colorado on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Care and Share Food Bank for Southern Colorado on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Care and Share Food Bank for Southern Colorado (CO) 91.60 four stars
United Food Bank and Services of Plant City (FL) 89.99 three stars
Feeding America West Michigan (MI) 91.18 four stars
Northampton Survival Center (MA) 89.90 three stars
Food Bank of Northeast Arkansas (AR) 97.17 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $35,878,530
   Federated Campaigns $64,321
   Membership Dues $0
   Fundraising Events $775,853
   Related Organizations $0
   Government Grants $9,856,030
Total Contributions $46,574,734
   Program Service Revenue $2,031,079
Total Primary Revenue $48,605,813
   Other Revenue $-132,930
TOTAL REVENUE $48,472,883
   
EXPENSES  
   Program Expenses $46,443,484
   Administrative Expenses $685,792
   Fundraising Expenses $1,070,035
TOTAL FUNCTIONAL EXPENSES $48,199,311
   
Payments to Affiliates $0
Excess (or Deficit) for the year $273,572
   
Net Assets $10,584,646

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
Provide Emergency and Supplemental Food $46,079,259 99.2%
Send Hunger Packing (Backpack) Program $364,225 0.8%

Ratings History
Care and Share Food Bank for Southern Colorado has received 7 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 11/01/2020 91.60 four stars
2018-06 09/03/2019 92.92 four stars
2017-06 07/01/2018 94.28 four stars
2016-06 11/01/2017 94.69 four stars
2015-06 08/01/2016 94.69 four stars
2014-06 06/01/2016 90.58 four stars
 
CN 2.0
2014-06 11/01/2015 92.21 four stars
2013-06 08/01/2014 95.42 four stars
2012-06 04/01/2013 88.70 three stars
2011-06 05/01/2012 97.85 four stars
2010-06 10/01/2011 97.87 four stars
2010-06 09/20/2011 89.18 three stars
 
CN 1.0
2009-06 10/01/2010 96.96 four stars
2008-06 11/01/2009 96.87 four stars
2007-06 04/01/2008 94.43 four stars
2006-06 04/01/2007 93.06 four stars
2005-06 03/01/2006 94.33 four stars
2004-06 05/01/2005 88.98 three stars
2003-06 09/01/2004 96.29 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 84-0731930
Name in IRS Master File CARE AND SHARE 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 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 February, 1978
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, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$156,391 0.32% Lynne Telford President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Care and Share Food Bank for Southern Colorado (CO) 91.60 four stars
Food Bank of Eastern Michigan (MI) 88.53 three stars
Yad Ezra (MI) 89.23 three stars
Manna on Main Street (PA) 85.48 three stars
Second Harvest Food Bank of Northwest North Carolina (NC) 94.69 four stars

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Charity Contact Info

Care and Share Food Bank for Southern Colorado
2605 Preamble Point
Colorado Springs, CO 80915
tel: (719) 528-1247
fax: (719) 528-5833
EIN: 84-0731930

Visit Web Site

Board Leadership

Tim Sullivan
Board Chair

CEO

Lynne Telford
President, CEO

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