Boone Brothers Inc

Nonprofit profile at a glance

EIN
393118089
IRS 990 coverage
2025–2025
Forms available
Form 990 2025
Location
Lexington, KY, USA
Phone
8593207031
Rating
62
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Food Banks, Pantries

Reported finances

Revenue
$664,715
Expenses
$17,856
Assets
$646,859
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • JOSEPH A BENSON III (PRESIDENT)

People named in this filing

  • DAVID HASKINS (DIRECTOR)
  • JOSEPH A BENSON III (PRESIDENT)
  • CHRIS LYON (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Feeding hunters spiritually. Feeding children physically. At boone brothers, we believe every child deserves to be fed. Through hunting, conservation, and community, were turning kentuckys abundant natural resources into nourishment for the next generation. When you give, hunt, or serve with us, youre helping ensure that hungry children dont grow into angry adults. Hungry children become angry adults. When basic needs are not met in childhood, they can lead to detrimental behavior patterns in adulthood. By feeding children, we want to diminish the likelihood of teenage pregnancy, drug abuse, incarceration rates, and suicide in our communities.

What it reported doing in 2025

Through a partnership with Kentucky fish & wildlife, that will be implemented in 2026 we process and package venison (deer meat) into a delicious form of jerky (boone bites) that are protein rich and do not need to be refrigerated. The boone bites are dropped off at local elementary schools and distributed by the teachers who understand the nutritional challenges of the students in their classrooms. Also, in 2026 boone brothers inc. Will established a partnership with Kentucky cattle farmers to produce a beef version of boone bites. Our goal is to generate 250,000 packages of boone bites by the start of the school year in august of 2026. In 2027, the goal is to generate 500,000 packages of boone bites for the start of the school year.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 35
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 95
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 2.7%; rating input score 3
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 97.3%; rating input score 99; 99th percentile among comparable filings
  • Total-asset coverage ratio: 36.23; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 2.7% of revenue deployed · 100% of spending went to programs
  • Governance: 5 of 5 board members independent · 3 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $18K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 3/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.