Community FoodBank of New Jersey
Legal name: Community Food Bank Of New Jersey Inc
Nonprofit profile at a glance
- EIN
- 222423882
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Aug 2026
- Forms available
- Form 990 2024, Form 990-T 2020
- Location
- Hillside, NJ, United States
- Phone
- (908) 355-3663
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Food Banks, Pantries
Reported finances
- Revenue
- $214,145,989
- Expenses
- $212,780,417
- Assets
- $125,218,242
- Liabilities
- $14,582,497
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
42 people listed
Executive titles in this filing
- Elizabeth McCarthy (CHIEF EXECUTIVE OFFICER)
- DAVID GOLDSTEIN (VICE PRESIDENT OF OPERATIONS)
Highest reported compensation
- Elizabeth McCarthy (CHIEF EXECUTIVE OFFICER): $441,232 total reported compensation
- KAREN LEIES (Chief of External Affairs): $283,970 total reported compensation
- GERALD FRANCIS MALONEY (CFAO): $264,507 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We serve as a champion for addressing the root causes of hunger, delivering neighbor-centric solutions, and fostering collaborative partnerships across all sectors of society for New Jersey. Through our annual Summer Food Service Program (SFSP), healthy and nutritious meals prepared by our professional staff, volunteers, and Food Service Training Academy students will be served at various sites across the state, including camps, Boys & Girls Clubs, libraries and more. These meals will be available onsite at the locations mapped below. In South Jersey, where child hunger is especially high, CFBNJ’s Egg Harbor Township location is continuing its longstanding summer partnership with Let Us Eat – Please, an initiative with Atlantic County law firm Cooper Levenson that provides biweekly groceries to families in need at participating school districts.
What it reported doing in 2024
The community foodbank of New Jersey, a member of feeding america, is the largest anti-hunger organization in the state. This past year, the community foodbank of New Jersey distributed approximately 111 million pounds of food to 800 partner organizations in 15 out of New Jersey's 21 counties, resulting in more than 92 million meals delivered to neighbors in need. 33% of all food distributed was fresh produce. The community foodbank of New Jersey's programs include: child and senior feeding, mobile pantries, resource access assistance, distribution of essential items including pads and diapers, chronic disease focused support services, workforce development training, emergency food distribution, and grantmaking.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 82% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 81
- Accountability: 100
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 94.8%; rating input score 95
- Program expense ratio: 93.7%; rating input score 94
- Fundraising efficiency: $35.09 raised per $1 spent on fundraising; rating input score 69; 69th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.7%; rating input score 95; 33rd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 97.9%; rating input score 98; 33rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 0.6%; rating input score 35; 35th percentile among comparable filings
- Total-asset coverage ratio: 0.59; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 0.12; rating input score 80; 80th percentile among comparable filings
- Officer compensation ratio: 1.6%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: 8.5% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: 7.3% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 11.8% per year; rating input score 100; 77th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 94.8% of revenue deployed · 93.7% of spending went to programs
- Governance: 25 of 25 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $199.4M in reported program spending
- Leadership: top reported pay $441K · 42 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $4.5M reported
- Consistency: 42 of 43 current checks pass · 1 finding to review
- Schedules: 10 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 723 filed money-flow records
- Related organizations: 705 filed related-organization links
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 35/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.