Food Bank of the State College Area Inc
Nonprofit profile at a glance
- EIN
- 251769950
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- State College, PA, USA
- Phone
- 8142342310
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $3,672,059
- Expenses
- $1,876,739
- Assets
- $7,990,017
- Liabilities
- $66,453
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- JENS THORSEN (PRESIDENT)
- GAIL HURLEY (VICE PRESIDENT)
- ALLAYN BECK (EXECUTIVE DIRECTOR)
Highest reported compensation
- ALLAYN BECK (EXECUTIVE DIRECTOR): $84,685 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide food security, directly and indirectly, to people in centre county.
What it reported doing in 2024
Clients may utilize services monthly with a minimum of thirty days between visits. All clients must provide proof of residency for all adults and children who reside in a household, have a referral from one of the state college food bank designated partners or directly from a state college food bank staff member, and sign a "self-declaration of need" form. "walk-in" clients may receive a one-time distribution but must meet with one of the food bank designated partners and have a written referral before they return.continued on schedule o.clients receive approximately a 7-14 day supply of groceries. The size of the food distribution corresponds to the number of people in the household. In addition to non-perishable foods, grocery orders include milk, eggs, bread and frozen meat. The state college food bank also indirectly helps throughout the entire county. This is done via giving support to other county food pantries and distributions, sponsoring and maintaining the helping hands pantry with state college area school district, helping maintain the 24-hour emergency food pantry at centre helps, supporting penn state university's on-campus food pantry as requested, and helping other agencies with food needs.
Operating model
- Revenue model
- Donor-supported. 95% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 50% for direct work, and 50% for grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 90
- Accountability: 100
- Sustainability: 84
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.1%; rating input score 57
- Program expense ratio: 92%; rating input score 92
- Fundraising efficiency: $70.07 raised per $1 spent on fundraising; rating input score 83; 83rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.8%; rating input score 94; 20th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 97%; rating input score 97; 32nd 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: 8 of 8 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: 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: 48.9%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 4.26; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 86; 86th percentile among comparable filings
- Officer compensation ratio: 4.5%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: 18.4% per year; rating input score 100; 83rd percentile among comparable filings
- Revenue growth: 16% per year; rating input score 100; 83rd percentile among comparable filings
- Asset growth: 15.2% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 57.1% of revenue deployed · 92% of spending went to programs
- Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.7M in reported program spending
- Leadership: top reported pay $85K · 13 people listed
- Consistency: 31 of 32 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 3 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: Mission deployment rate scored 57/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 57/100.