Food Runners Collaborative Inc
Nonprofit profile at a glance
- EIN
- 562159246
- IRS 990 coverage
- 2010–2025
- Forms available
- Form 990 2025
- Location
- Raleigh, NC, USA
- Phone
- 9198561823
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Food Programs
Reported finances
- Revenue
- $2,833,875
- Expenses
- $2,651,601
- Assets
- $3,148,858
- Liabilities
- $89,151
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- KATHLEEN CANNON (PRESIDENT EL)
- JADA TABOR (PRESIDENT)
Highest reported compensation
- KEVIN UNDERWOOD (DIR. OF OPE): $132,955 total reported compensation
- CHRISTINA OGDEN (EXECUTIVE DI): $130,374 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide a facility to enhance the ability of meals on wheels of wake county and inter-faith food shuttle to address hunger in their region.
What it reported doing in 2025
Operate a shared facility to prepare meals for hungry in their region.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
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 some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 90
- Accountability: 94
- Sustainability: 45
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.7%; rating input score 85
- Program expense ratio: 91.3%; rating input score 91
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 7 controls in place; rating input score 86
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 6.4%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 1.19; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 9.9%; rating input score 33; 33rd percentile among comparable filings
Growth
- Program expense growth: 2.5% per year; rating input score 100; 22nd percentile among comparable filings
- Revenue growth: 2.5% per year; rating input score 100; 19th percentile among comparable filings
- Asset growth: -0.6% per year; rating input score 0; 9th percentile among comparable filings
Details
- Where the money goes: 84.7% of revenue deployed · 91.3% of spending went to programs
- Governance: 15 of 15 board members independent · 6 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $2.4M in reported program spending
- Leadership: top reported pay $133K · 17 people listed
- Consistency: 26 of 26 current checks pass
- Schedules: 3 filed schedules
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Sustainability: Operating margin scored 47/100.
- Review — Accountability: Governance controls: Form 990 shared with the board not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- Moderate — Sustainability: Officer compensation ratio scored 33/100.