North East Wake Backpack Buddies

Nonprofit profile at a glance

EIN
453711969
IRS 990-EZ coverage
2018–2025
Forms available
Form 990-EZ 2025, Form 990-N 2017
Location
Rolesville, NC, USA
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Food Programs

Reported finances

Revenue
$167,349
Expenses
$107,466
Assets
$193,627
Liabilities
$24,832

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Jodi Freudig (President and Wake County Rep)

People named in this filing

  • Jodi Freudig (President and Wake County Rep)
  • Barb Neudecker (Secretary)
  • Maria Iuppa (Board Member Volunteer Coordinator)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

We provides food to hungry children in our region and enriches their lives by giving them a greater opportunity for growth learning and development. Our goal is to provide kid-friendly meals to children in our community who may go hungry over the weekend. Students we serve who normally receive a free or reduced breakfast and lunch at school no longer have to worry about where their weekend meals will come from allowing them to focus on their education.

What it reported doing in 2025

18,387 bags of food to children in 22 schools.

Operating model

Revenue model
Donor-supported. 98% of the money available for current operations came from contributions and gifts.
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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 100
  • Sustainability: 72
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 64.1%; rating input score 64
  • Program expense ratio: 98.7%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 35.8%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 1.8; rating input score 77; 77th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 16% per year; rating input score 100; 69th percentile among comparable filings
  • Revenue growth: 13.7% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 9.9% per year; rating input score 100; 59th percentile among comparable filings

Details

  • Where the money goes: 64.1% of revenue deployed · 98.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $106K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 8 filing years from 2018 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • High — Sustainability: Liabilities to assets ratio scored 19/100.