Feed More
Legal name: Feed More Inc
Nonprofit profile at a glance
- EIN
- 541150923
- IRS 990 coverage
- 2014–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Richmond, VA, US
- Phone
- 804-521-2500
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Food Banks, Pantries
Reported finances
- Revenue
- $96,180,731
- Expenses
- $91,860,594
- Assets
- $78,250,579
- Liabilities
- $3,230,621
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- DOUGLAS PICK (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- DOUGLAS PICK (CHIEF EXECUTIVE OFFICER): $365,021 total reported compensation
- SARAH GRAVITT-BAESE (CMO): $245,026 total reported compensation
- TAMMY CUMMINGS (CAO & CHRO): $226,148 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Nourishing Communities & Empowering Lives
What it reported doing in 2024
Feedmore's food bank serves approximately one-third of the commonwealth of Virginia's area across 34 central Virginia cities and counties. In partnership with over 267 food pantries and soup kitchens, we distributed almost 40 million pounds of produce, protein, and non-perishable foods in fy 2025, or approximately 109,000 pounds each day. In addition to the food distribution center, the food bank's other central programs include mobile pantry, which delivers groceries each month to approximately 4,500 households in 28 locations that do not have adequate access to a grocery store; and childhood nutrition programs kids' cafe (over 231,000 meals and snacks are served annually to 1,500 children), backpacks meals (annually nearly 337,000 are sent home with approximately 1,800 children representing 58 schools), which help ensure food-insecure children our nourished at the end of the school day and over weekends during the school year and at community sites during the summer.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 84% 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. The filing does not identify recipients for some grant dollars and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 67
- Accountability: 95
- Sustainability: 52
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.4%; rating input score 95
- Program expense ratio: 96.8%; rating input score 97
- Fundraising efficiency: $56.62 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 28th percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Missing
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 5.7%; rating input score 6; 6th 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: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 4.5%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 0.85; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 90; 90th percentile among comparable filings
- Officer compensation ratio: 2.2%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: 7% per year; rating input score 100; 57th percentile among comparable filings
- Revenue growth: 7.8% per year; rating input score 100; 65th percentile among comparable filings
- Asset growth: 14% per year; rating input score 100; 84th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 95.4% of revenue deployed · 96.8% of spending went to programs
- Governance: 12 of 12 board members independent · 8 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $88.9M in reported program spending
- Leadership: top reported pay $365K · 24 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $27M reported
- Consistency: 32 of 33 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 52 filed money-flow records
- Related organizations: 29 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Grant itemization coverage scored 6/100.
- Review — Sustainability: Operating margin scored 54/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 51/100.