Montana Food Bank Network

What it reported doing in 2024

Emergency food distribution - the Montana food bank network (mfbn) is Montana's only statewide food bank. We work with the national hunger-fighting organization, feeding america, and have developed several programs specifically to address the unique challenges of accessing food in Montana. We work with over 330 other hunger-fighting partners throughout the state to improve food access and share information to address hunger and its root causes. Last year we distributed 16,143,311 pounds of food to our network partners throughout Montana. Mfbn partners with local emergency food programs, schools and senior centers to feed those who may otherwise go hungry. We deliver food across the 150,000 square miles of Montana from larger towns to remote communities and indian reservations that often rely on mfbn to provide most of the food they distribute. We have a number of programs such as the back pack program, school pantry, mail-a-meal and mobile food pantry. The back pack and school pantry programs provide supplemental food for school aged children and their younger siblings on weekends and holidays from school. Mail-a-meal ships emergency food boxes to people in very remote areas of Montana without other services nearby. The mobile food pantry partners with social service organizations in underserved or unserved communities for food distribution until a more permanent solution is established.

Financial Efficiency

• Mission deployment rate: 86.4%; rating input score 86
• Program expense ratio: 95.5%; rating input score 96
• Fundraising efficiency: $30.47 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
• Pay-setting controls: 3 of 6 controls in place; rating input score 50
  • Compensation committee: Pass
  • 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: 62.7%; rating input score 63; 13th 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: 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: 9.6%; rating input score 66; 66th percentile among comparable filings
• Total-asset coverage ratio: 0.72; rating input score 25; 25th percentile among comparable filings
• Liabilities to assets ratio: 0.23; rating input score 54; 54th percentile among comparable filings
• Officer compensation ratio: 0.5%; rating input score 89; 89th percentile among comparable filings

Growth

• Program expense growth: 9.7% per year; rating input score 100; 69th percentile among comparable filings
• Revenue growth: 10.2% per year; rating input score 100; 75th percentile among comparable filings
• Asset growth: 16.4% per year; rating input score 100; 84th percentile among comparable filings