River Bend Food Bank
Legal name: River Bend Food Reservoir
Nonprofit profile at a glance
- EIN
- 363147342
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Davenport, Iowa, US
- Phone
- 563-345-6490
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Food Banks, Pantries
Reported finances
- Revenue
- $44,218,156
- Expenses
- $44,624,493
- Assets
- $34,860,891
- Liabilities
- $3,416,933
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- NANCY RENKES (OUTGOING PRESIDENT & CEO)
Highest reported compensation
- CHRIS FORD (CHIEF OPERATING OFFICER, P): $159,116 total reported compensation
- SHARON BERTRAM (CHIEF FINANCIAL OFFICER): $120,599 total reported compensation
- NANCY RENKES (OUTGOING PRESIDENT & CEO): $118,768 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Together, we're creating a hunger-free community.
What it reported doing in 2024
Surplus food is collected and redistributed through a network of charitable agencies, primarily food pantries located at churches, community centers, and other partner sites. During fy25, a total of 16.5 million meals were distributed through these agency partners. Food is also distributed directly to individuals in need through our mobile food pantries, with 415 mobile pantry events providing 846,670 meals across the service area. The backpack program supports children who receive free or reduced-price lunches during the school week but lack food over the weekend. In fy25, 3,000 children received 6 meals per week for 32 weeks, totaling 588,960 meals.
Operating model
- Revenue model
- Donor-supported. 64% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 90% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 77
- Accountability: 95
- Sustainability: 40
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.7%; rating input score 97
- Program expense ratio: 95.4%; rating input score 95
- Fundraising efficiency: $44.12 raised per $1 spent on fundraising; rating input score 74; 74th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 22nd 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: 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; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.9%; rating input score 27; 27th percentile among comparable filings
- Total-asset coverage ratio: 0.78; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 1.1%; rating input score 84; 84th percentile among comparable filings
Growth
- Program expense growth: 8.6% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 10% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 15.7% per year; rating input score 100; 82nd percentile among comparable filings
Details
- What they do: 7 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 96.7% of revenue deployed · 95.4% of spending went to programs
- Governance: 15 of 15 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $42.6M in reported program spending
- Leadership: top reported pay $159K · 22 people listed · 2 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $5.3M reported
- Consistency: 37 of 38 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- 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: Operating margin scored 27/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Transparency & Controls: Schedule M noncash within contributions did not reconcile in the filed values.