Neighbors Inc

What it reported doing in 2024

See schedule oat neighbors, inc., the true force driving our mission is the unwavering passion of our staff, board, volunteers, and community supporters. Their commitment not only delivers essential resources for 6,000 families annually, such as healthy food, affordable clothing, community connections, and financial empowering services, but also cultivates resilience and uplifts dignity. Our work is person-centered, and we take a holistic approach. We primarily serve residents who reside in dakota county and have seen growth in households from both Washington and ramsey counties. Of those served, individuals identify with the following race/ethnicities: 45% represent the latine community, 34% white, 13% african american, 3% identify as asian or native american and 2% identify as multiracial. Additionally, many of our supportive programs focus on nourishing the community, ensuring they have consistent access to culturally appropriate and nutritious food. Adults ages 18-64 make up 54% of our food services, while children age 0-17 years make up 32% and seniors age 65+ account for 14% of our program participants. Neighbors, inc. Serves as a safety net in our community by providing a comprehensive array of high-dignity basic needs services. While addressing immediate necessities is central to our mission, we also focus on confronting systemic root causes of instability. Most notably, unemployment and underemployment. By supporting individuals in their journey toward financial stability, our services contribute to the broader wellbeing of entire families, fostering long-term resilience and economic empowerment.neighbors, inc. Responded to community challenges by offering support in the following key areas: hunger relief program: neighbors, inc. Operates a comprehensive hunger relief program designed to provide equitable access to nutritious food resources for families and seniors experiencing food insecurity within our community. All guests at or below 300% of the federal poverty level are eligible. We are committed to minimizing barriers to food access by offering inclusive, person-centered services that uphold dignity and choice.all persons served receive the same level of service, regardless of address, language proficiency, disability, race, color, national origin, religion, sex, age, citizenship status, marital status, sexual orientation, gender identity, familial status, receipt of public assistance, or affiliation with a local human rights commission. This commitment reflects neighbors' dedication to equity and nondiscrimination in all aspects of food service delivery.to accommodate diverse needs, neighbors offers three primary methods for accessing its onsite food market: in-person shopping, curbside pick-up, and home delivery. Additionally, neighbors, inc. Offers a vital onsite service known as the nook, which is a supplemental food distribution available twice weekly designed to help close the gap in hunger between regular food shelf appointments. In partnership with nine local housing communities, neighbors operates satellite food markets, which brings healthy food directly to residents facing compounded barriers such as limited transportation. All satellite locations offer a person-choice model, allowing individuals to select from a wide range of fresh produce, dairy, bakery items, meat, and shelf-stable goods. Emergency food packs are available for those requiring immediate assistance, and home delivery is provided for individuals with medical conditions or mobility challenges.whole-person support: thrift store: the neighbors thrift store offers high-quality, donated clothing and household items to the public at accessible, affordable prices. To ensure equitable access for individuals and families facing financial hardship, neighbor's provides semi-annual gift cards that allow recipients to obtain essential items at no cost. This support is extended to all members of the household, reinforcing our commitment to dignity

Financial Efficiency

• Mission deployment rate: 95.6%; rating input score 96
• Program expense ratio: 92.8%; rating input score 93
• Fundraising efficiency: $39.45 raised per $1 spent on fundraising; rating input score 74; 74th 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: 100%; rating input score 100; 72nd 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; 63rd 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: -3.1%; rating input score 24; 24th percentile among comparable filings
• Total-asset coverage ratio: 0.81; rating input score 30; 30th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 81; 81st percentile among comparable filings
• Officer compensation ratio: 3.3%; rating input score 67; 67th percentile among comparable filings

Growth

• Program expense growth: -1% per year; rating input score 0; 11th percentile among comparable filings
• Revenue growth: 0% per year; rating input score 100; 11th percentile among comparable filings
• Asset growth: 0.4% per year; rating input score 100; 13th percentile among comparable filings