Food Group Minnesota Inc The

What it reported doing in 2024

Hunger relief-our agency support team proudly equips over 200 food shelf and meal program partners with high-quality, nutritious, and culturally relevant food, along with essential support services. The need for food in the twin cities is at an all-time high, and our partners are rising to the challenge. We are witnessing a significant increase in families and individuals facing rising food prices and reduced access to essential resources. In response, we are proactively meeting this demand by significantly increasing the quantity of local foods we provide and enhancing our collaboration with tribal governments throughout the state. Together, we are making a powerful impact in our communities.see schedule o for additional programming language.affordable grocery-we are witnessing a remarkable surge in demand for our fare for all and twin cities mobile market programs, driven by the effects of inflation on grocery budgets. To address this need, we are confidently expanding our offerings to include premium meats and fresh produce from local farmers. With the introduction of two new propane-powered twin cities mobile market buses, we are successfully reaching even more neighborhoods with limited food access. This expansion has led to a significant increase in sales, empowering us to effectively meet the rising demand. Big river farms-big river farms worked closely with our farm teams this year, offering access to land, infrasturcture, and business development skills. We als worked closely with federal government grants and community partners to provide additional planning training, hands on technical assistance and expanded market opportunities for our farmers. We work to keep land fees low for all land farmers and have chosen to waive land fees for all indigenous farmers as a way to acknowledge lands that were stolen from native peoples.

Financial Efficiency

• Mission deployment rate: 87.3%; rating input score 87
• Program expense ratio: 84.9%; rating input score 85
• Fundraising efficiency: $8.25 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings

Transparency & Controls

• Consistency checks: 88.2%; rating input score 88; 2nd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 89%; rating input score 89; 19th 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; 66th 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: -2.6%; rating input score 22; 22nd percentile among comparable filings
• Total-asset coverage ratio: 0.84; rating input score 30; 30th percentile among comparable filings
• Liabilities to assets ratio: 0.21; rating input score 58; 58th percentile among comparable filings
• Officer compensation ratio: 2.8%; rating input score 70; 70th percentile among comparable filings

Growth

• Program expense growth: 6.6% per year; rating input score 100; 53rd percentile among comparable filings
• Revenue growth: 5.9% per year; rating input score 100; 51st percentile among comparable filings
• Asset growth: 7.6% per year; rating input score 100; 53rd percentile among comparable filings