K to College Dba Supplybankorg

What it reported doing in 2024

Visionall people have the essential supplies they need.missionsupplybank.org works through trusted local partnerships to strengthen the social safety net and deliver essential supplies to children and families in need.valuesinnovation: we seek new ways of working to maximize our mission by leveraging and transforming existing systems and infrastructure.collaboration: we work to develop and strengthen partnerships and collaborative relationships with mssion-aligned organizations and initiatives. Service and humility: we approach our work with humility to ensure our programs incorporate empathy and compassion.equity and diversity: we work to increase equity, diversity, inclusion, and belonging, internally and externally.general overview: supplybank.org is the largest charitable program of its kind in California, distributing essential goods to under-resourced families throughout the state in partnership with a network of more than 700 organizations. By leveraging relationships with global supply chains and community organizations, supplybank.org provides a highly cost-effective and scalable system for bulk purchasing and efficiently distributing necessary health, education, and emergency supplies to children, families, and communities that need them throughout California. Supplybank.org exists to help ensure that under-resourced people have stigma-free access to vital supplies through trusted public and nonprofit agencies in their community. Following this model, since 2020 supplybank.org has distributed more than $100 million dollars of supplies to children and families in need throughout California. In the last fiscal year, our organization diligently coordinated the distribution to numerous counties supply programs in collaboration with multiple local agencies.diaper distribution and basic needs program: supplybank.org expanded its diaper distribution and basic needs programs in several California counties. In alameda county, the organization helped launch a three-year, $5.8 million initiative to provide ongoing access to diapers and wipes for families with young children through more than fifty trusted community partners, including family resource centers, libraries, women, infants and children (wic) sites, school districts, health clinics, and hospitals.in santa clara county, the program doubled in sizefrom $400,000 to $800,000and serves twenty-four family resource centers. In partnership with the California community action partnership association, supplybank.org also supported community action agencies in san francisco, sonoma, merced, and kern counties. Collectively, these efforts distributed tens of millions of diapers and wipes statewide.the comprehensive distribution efforts encompassed a wide range of essential items, as detailed below: item total unitsbaby wipes: 17,280,000 diapers: 6,385,155 menstrual hygiene products: 345,888 laundry detergent: 122,400n95 face masks: 44,400 school supply kits: 17,615personal care/hygiene products: 14,594assorted school supplies: 13,211dental kits: 11,000early learning kits: 8,710backpacks: 7,874emergency to go bag: 4,579assorted dental supplies: 664grand total: 24,256,090oakport street project oakport.org: supplybank.org is also the nonprofit developer of oakport, a transformative 100 acre nonprofit campus designed to foster a community of equity-focused and socially minded agencies that partner with one anotherand with the communityto create meaningful impact. Open to the public, oakport will be the largest campus of its kind in the nation, featuring 160,000 sq. Ft. Of office space and 60,000 sq. Ft. Of warehouse space. Local nonprofit organizations will have the opportunity to secure long-term location stability with 60+ year lease options locked in at below-market rates. With oakport, supplybank.org will be able to increase their capacity to store and distribute health, education, and emergency response supplies throughout the bay area and across the state to californians who n

Financial Efficiency

• Mission deployment rate: 90.7%; rating input score 91
• Program expense ratio: 95.5%; rating input score 95
• Fundraising efficiency: $237.82 raised per $1 spent on fundraising; rating input score 93; 93rd percentile among comparable filings

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: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 92.9%; rating input score 93; 23rd percentile among comparable filings
• Governance controls: 5 of 9 controls in place; rating input score 56
  • Conflict-of-interest policy: Fail
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: 5%; rating input score 51; 51st percentile among comparable filings
• Total-asset coverage ratio: 0.66; rating input score 24; 24th percentile among comparable filings
• Liabilities to assets ratio: 0.63; rating input score 15; 15th percentile among comparable filings
• Officer compensation ratio: 4.3%; rating input score 59; 59th percentile among comparable filings

Growth

• Program expense growth: 20.9% per year; rating input score 100; 86th percentile among comparable filings
• Revenue growth: 20% per year; rating input score 100; 88th percentile among comparable filings
• Asset growth: 16.1% per year; rating input score 100; 77th percentile among comparable filings