Food Bank of Siouxland Inc

Nonprofit profile at a glance

EIN
421381516
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Sioux City, IA, USA
Phone
7122559741
Rating
88
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$7,489,880
Expenses
$7,839,915
Assets
$3,509,190
Liabilities
$631,766

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • TRACEY AKINS (PRESIDENT)
  • JESSIKA EVANS (VICE PRESIDENT)
  • KELLI MEISTER (PAST PRESIDENT)
  • JACOB WANDERSCHEID (EXECUTIVE DIRECTOR)

Highest reported compensation

  • JACOB WANDERSCHEID (EXECUTIVE DIRECTOR): $78,317 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Leading siouxland in the fight against hunger

What it reported doing in 2024

The food bank of siouxland is the main food supplier for nonprofit agencies in siouxland, including food pantries, homeless shelters, soup kitchens, daycares, and senior centers. We were established to provide a year-round source of food to these organizations. We provide food by the case to over 100 member agencies with food pantries and feeding programs for those in need. During fy2025, the food bank of siouxland provided over 3.6 million pounds of food to over 25,000 food insecure individuals.the food bank of siouxland provides various resources for members of the siouxland community. From our mobile pantry to our backpack program, our organization is always looking for new ways to help those in need. Mobile pantry program - a food pantry on wheels! The food bank of siouxland brings thousands of pounds of food to a host location for families and individuals to take home. While the food bank does not directly deliver food, our focus is serving in all counties in our area that are underserved meaning that through the mobile pantry program: food for you, all of our counties will receive the pounds of food needed to provide adequate nutrition to the hungry.the backpack program - provides nourishment to children who might have little to no food over the weekend with a sack of food to take home on fridays. Currently, the program serves two counties in Iowa and one county in Nebraska totaling 11 schools served. These schools have an extraordinarily high rate of students participating in the free and reduced lunch program, so we know that food insecurity is a problem for many of these families. The backpack program distributed 204,562 pounds of food to 18,900 students during the year.school mobile pantry program - pantries are located on school grounds, intended to provide a more readily accessible source of food assistance to food insecure students and their families. In many communities, the school is a hub of activity and a resource center for families. Because of the close relationship between students and faculty, school personnel frequently become aware of challenges within the family while dealing with student issues. A school pantry provides a safe, supportive way to help students and their families through a crisis, which in turn helps the child become more successful in school. The school mobile pantry program distributed 31,987 pounds of food to 3,023 students during the year.holiday harvest program - when you think of your holiday feast, what do you see? Probably the turkey, ham, chicken, or whatever main course you enjoy. What about your favorite side dishes? Green bean casserole, mashed potatoes and gravy, stuffing, and so on? For many families a meal like this just isn't possible. The food bank of siouxland wants to alleviate the budget for the holidays by filling boxes with side dish items to help reduce stress many families in need face around the holidays. Helping bring families together around the dinner table this holiday season! For every $7 donated, the food bank of siouxland provides a holiday meal to a family of four. Healthy kids Iowa was an Iowa health and human services program which worked with the 6 feeding america food banks across Iowa as an alternative program to the summer ebt program. It sought to provide food to kids aged 4 to 18 years old in a standard and mobile distribution models in the summer of 2025. Food bank of siouxland distributed to 23 different sites, served an average of 2,800 children a month for a total of 11,240 children from june through september. As the program was a pilot program, success will be determined after comparing summer of 2026 sun bucks ebt numbers. Staff saw an increased worked load; however, was able to distribute over 350,000 pounds to families with children. This came at a time where numbers served were higher than in 2024 through the food bank's partner network.

Operating model

Revenue model
Grant-funded. 77% of the money available for current operations came from government grants.
Distribution model
Grant intermediary. The nonprofit sent 86% 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. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 93
  • Transparency & Controls: 86
  • Accountability: 95
  • Sustainability: 29
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.9%; rating input score 99
  • Program expense ratio: 94.3%; rating input score 94
  • Fundraising efficiency: $18.61 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 95%; rating input score 95; 25th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 81.5%; rating input score 81; 22nd 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; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -4.7%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.45; rating input score 15; 15th percentile among comparable filings
  • Liabilities to assets ratio: 0.18; rating input score 46; 46th percentile among comparable filings
  • Officer compensation ratio: 1%; rating input score 80; 80th percentile among comparable filings

Growth

  • Program expense growth: 6.7% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: 7.2% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: 9.6% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 98.9% of revenue deployed · 94.3% of spending went to programs
  • Governance: 21 of 21 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $7.4M in reported program spending
  • Leadership: top reported pay $78K · 22 people listed
  • Consistency: 38 of 39 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and grants
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 61 filed money-flow records
  • Related organizations: 49 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.

  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.
  • High — Sustainability: Operating margin scored 21/100.
  • High — Sustainability: Total-asset coverage ratio scored 15/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • Moderate — Sustainability: Liabilities to assets ratio scored 46/100.