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

Weld Food Bank

Turning the tables on hunger.

four stars

96.87

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

Board Leadership
Karen Trusler
President

CEO
Bob O'Connor
Chief Executive Officer

  Score
(out of 100)
Rating
Overall Score & Rating 96.87 four stars
  Financial 95.58 four 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.

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

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.
This impact information is current as of June 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

95.58

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)
98.0%
  Administrative Expenses 0.4%
  Fundraising Expenses 1.5%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 0.32
  Program Expenses Growth 3.6%
  Liabilities to Assets 0.3%
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.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $18,032,160
   Federated Campaigns $22,000
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $18,054,160
   Program Service Revenue $957,505
Total Primary Revenue $19,011,665
   Other Revenue $279,489
TOTAL REVENUE $19,291,154
   
EXPENSES  
   Program Expenses $18,675,612
   Administrative Expenses $98,222
   Fundraising Expenses $309,444
TOTAL FUNCTIONAL EXPENSES $19,083,278
   
Payments to Affiliates $0
Excess (or Deficit) for the year $207,876
   
Net Assets $6,570,967

Charts

Compensation % of Expenses Paid to Title
$93,995 0.49% Robert O'Connor Chief Executive Officer

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Weld Food Bank (CO) 96.87 four stars
The Billings Food Bank (MT) 90.90 four stars
Marion Polk Food Share (OR) 90.89 four stars
Food Bank of South Jersey (NJ) 88.55 three stars
Food for Others (VA) 89.39 three stars

Compare These Charities (Highly Rated)

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
Chief Executive Officer