Good Shepherd Food Bank

What it reported doing in 2024

Good Shepherd Food Bank engages in many other activities that are important to its mission. The most significant of these other program service accomplishments are as follows: Cooking Matters Maine: An outreach program that mobilizes culinary and nutrition professionals to teach cooking and nutrition classes to low-income adults, teens, and children. Classes are taught at local community centers, schools, and food pantries, and the classes provide people at risk of hunger with hands-on cooking and nutrition experience. In fiscal year 2025, the program offered 229 educational opportunities including classes and tours, reaching approximately 2,300 participants. Farm Fresh Rewards: The Food Bank partners with 14 Maine grocers to offer shoppers using SNAP/EBT discounts on fresh, frozen, and dried local fruits and vegetables grown in Maine that contain no added salt, sugars, or fats, as well as local food-producing seeds or seedlings.Community Health & Hunger: The Food Bank forms partnerships with health care organizations to reduce the negative impact of food insecurity on health outcomes. Through this program, the Food Bank provides training and technical assistance for health care providers implementing food insecurity screening and referral protocols and supports projects that distribute food directly in clinical settings for patients in need. In fiscal year 2025, the Food Bank worked with 150 partners to provide over 1.3 million meals to people who screened positive for food insecurity.In accordance with IRS Instructions, the total amount of program service expenses, grants, and revenues reported on this Form 990, Part III, Line 4d, and on this Schedule O footnote, are therefore inclusive of all the above-detailed program service accomplishments for the period covered by this Form 990 tax return.

Financial Efficiency

• Mission deployment rate: 98.6%; rating input score 99
• Program expense ratio: 95.5%; rating input score 95
• Fundraising efficiency: $34.8 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings

Transparency & Controls

• Consistency checks: 95%; rating input score 95; 34th percentile among comparable filings
• Pay-setting controls: 2 of 6 controls in place; rating input score 33
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 96.5%; rating input score 96; 30th 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: 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: -3%; rating input score 16; 16th percentile among comparable filings
• Total-asset coverage ratio: 0.42; rating input score 15; 15th percentile among comparable filings
• Liabilities to assets ratio: 0.05; rating input score 89; 89th percentile among comparable filings
• Officer compensation ratio: 0.8%; rating input score 78; 78th percentile among comparable filings

Growth

• Program expense growth: 9.2% per year; rating input score 100; 71st percentile among comparable filings
• Revenue growth: 9.6% per year; rating input score 100; 75th percentile among comparable filings
• Asset growth: 14.8% per year; rating input score 100; 86th percentile among comparable filings