Channels

Nonprofit profile at a glance

EIN
232574867
IRS 990 coverage
2010–2014
Forms available
Form 990 2014
Location
Wormleysburg, PA, USA
Phone
7179750202
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Food Programs

Official website

Reported finances

Revenue
$693,620
Expenses
$705,540
Assets
$531,080
Liabilities
$290,574

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • MATTHEW J GRANITE (PRESIDENT)

Highest reported compensation

  • VICKI DYSYLVESTER (EXECUTIVE DI): $58,846 total reported compensation
  • JACKIE PESTKA (DIR. CULINAR): $28,078 total reported compensation
  • SCOTT KELLY (DIR. OF OPER): $22,093 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Channels strives to eliminate hunger by picking up and distributing food to agencies, engages in various partnerships to advance self-sufficiency and by providing community leadership on issues related to hunger.

What it reported doing in 2014

Distribution of surplus food to underprivileged citizens and children while job training at-risk persons to obtain skills for employment in the restaurant industry.channels currently delivers over 1.3 million lbs. Of nourishing food monthly to over 60 agencies, feeding over 130,000 persons annually. In addition, channels kitchen school supplies meals to approximately 700-800 children daily in 22 sites. In a joint effort channels plant a row program encourages farmers to plant an extra row of vegetables for the hungry; channels supplied approximately 1,000 pounds of produce to member agencies.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 90
  • Accountability: 90
  • Sustainability: 30
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.3%; rating input score 84
  • Program expense ratio: 82.9%; rating input score 83
  • Fundraising efficiency: $40.18 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings

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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -1.7%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.75; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0.55; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 15.5%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: -136.5% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -14.5% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: -3.5% per year; rating input score 0; 21st percentile among comparable filings

Details

  • Where the money goes: 84.3% of revenue deployed · 82.9% of spending went to programs
  • Governance: 7 of 7 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $585K in reported program spending
  • Leadership: top reported pay $59K · 20 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 5 filing years from 2010 to 2014
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.