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

Weld Food Bank

Fighting hunger . . .together

four stars

98.44

1108 H Street Greeley, CO 80631
tel: (970) 356-2199   Web Site
EIN: 74-2244826

Board Leadership
Karen Trusler
President

CEO
Bob O'Connor
Executive Director

 
 
  Score
(out of 100) 		Rating
Overall Score & Rating 98.44 four stars
  Financial 97.80 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?

Weld Food Bank's (WFB) mission is to lead and engage our community in the fight against hunger. WFB collects, stores, and processes food to distribute it to low-income people. We glean food from manufacturers, farmers, distributors, grocers and community food drives in order to make it available to hungry people in our community. We are an affiliate of Feeding America, the largest hunger relief organization in the United States.

Weld Food Bank's (WFB) mission is to lead and engage our community in the fight against hunger. WFB collects, stores, and processes food to distribute it to low-income people. We glean food from manufacturers, farmers, distributors, grocers and community food drives in order to make it available to hungry people in our community. We are an affiliate of Feeding America, the largest hunger relief organization in the United States.

Impact Information

data icon
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: Weld Food Bank
Program Activities
Weld 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
$0.50 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 Weld Food Bank.
Data Source
Outcome data collected during the program. Weld 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 Weld 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.
Few charities provide estimates of cost-effectiveness, but the measure is exactly what discerning donors need to make effective decisions about spending their philanthropic dollars. This charity has estimated cost-effectiveness using either the Guided Impact Reporting (G.I.R.) free app created by ImpactMatters or by undergoing a rigorous audit of its impact by ImpactMatters. The G.I.R. app guides the charity through a tightly scripted series of questions that generate an estimate of cost-effectiveness. The protocol takes all due account of estimates of counterfactual successes and other dictates of social science. Impact audits provide expert independent assessment of the charity's cost-effectiveness and evidence of effectiveness.
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.

Learn more about how we calculate the overall score and rating.

Financial

four stars

97.80

Accountability & Transparency

four stars

100.00

This rating was published 06/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Why isn't this based on more recent data?
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)		 98.0%
  Administrative Expenses 0.4%
  Fundraising Expenses 1.4%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.32
  Program Expenses Growth 5.8%
  Liabilities to Assets 0.7%
All data for Financial Performance Metrics calculations was provided by Weld Food Bank on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Weld Food Bank on recent 990s filed with the IRS.
Information Provided on the Form 990  
  Independent Voting Board Members
  No Material diversion of assets
  Audited financials prepared by independent accountant
  Does Not Provide Loan(s) to or Receive Loan(s) From related parties
  Documents Board Meeting Minutes
  Provided copy of Form 990 to organization's governing body in advance of filing
  Conflict of Interest Policy
  Whistleblower Policy
  Records Retention and Destruction Policy
  CEO listed with salary
  Process for determining CEO compensation
  Board Listed / Board Members Not Compensated
Is the following information easily accessible on the charity's website?  
  Donor Privacy Policy
  Board Members Listed
  Audited Financials
  Form 990
  Key staff listed

Highly Rated

Charity Name & State Overall Score Overall Rating
Weld Food Bank (CO) 98.44 four stars
Food Pantry of Waukesha County (WI) 87.96 three stars
Heartland Hope Mission (NE) 93.91 four stars
Foodshare (CT) 90.55 four stars
Idaho Foodbank (ID) 96.46 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $19,326,161
   Federated Campaigns $22,000
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $19,348,161
   Program Service Revenue $839,434
Total Primary Revenue $20,187,595
   Other Revenue $309,226
TOTAL REVENUE $20,496,821
   
EXPENSES  
   Program Expenses $19,896,383
   Administrative Expenses $97,439
   Fundraising Expenses $319,062
TOTAL FUNCTIONAL EXPENSES $20,312,884
   
Payments to Affiliates $0
Excess (or Deficit) for the year $183,937
   
Net Assets $6,363,091

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 $19,896,383 100.0%

Ratings History
Weld Food Bank has received 9 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 06/01/2019 98.44 four stars
2017-06 04/01/2018 100.00 four stars
2016-06 05/01/2017 100.00 four stars
2015-06 09/01/2016 100.00 four stars
2015-06 08/01/2016 97.17 four stars
2014-06 06/01/2016 100.00 four stars
 
CN 2.0
2014-06 10/01/2015 99.87 four stars
2014-06 09/01/2015 97.16 four stars
2013-06 06/01/2014 99.83 four stars
2013-06 05/01/2014 97.16 four stars
2012-06 05/01/2013 97.53 four stars
2011-06 07/01/2012 94.81 four stars
2011-06 05/01/2012 92.32 four stars
2010-06 10/01/2011 92.89 four stars
2010-06 09/20/2011 89.29 three stars
 
CN 1.0
2010-06 02/01/2011 91.50 four stars
2009-06 08/01/2010 95.66 four stars
2008-06 07/01/2009 94.73 four stars
2007-06 04/01/2008 87.79 three stars
2006-06 02/01/2007 86.99 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 74-2244826
Name in IRS Master File WELD FOOD BANK
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
(408) Community service organization
Foundation Status Organization that normally receives no more than one-third of its support from gross investment income and unrelated business income and at the same time more than one-third of its support from contributions, fees, and gross receipts related to exempt purposes.  509(a)(2)
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 May, 1983
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
$96,245 0.47% Robert O'Connor Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Weld Food Bank (CO) 98.44 four stars
North Texas Food Bank (TX) 96.66 four stars
Community Table (CO) 92.46 four stars
The Foodbank (OH) 100.00 four stars
Three Square (NV) 98.23 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Weld Food Bank
1108 H Street
Greeley, CO 80631
tel: (970) 356-2199
fax: (970) 356-2297
EIN: 74-2244826

Visit Web Site

Board Leadership

Karen Trusler
President

CEO

Bob O'Connor
Executive Director

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