San Francisco-Marin Food Bank

What it reported doing in 2024

All other programs: strategic partnerships, advocacy, and voicethe strategic partnership, advocacy, and voice (spav) department collaborates with our communities, partners, and participants to develop strategies, actions, and solutions aimed at reducing barriers and improving access to food and improve food security systems. Additionally, it advocates with community and participants for policy changes aimed at addressing the underlying causes of hunger. The food bank is leading efforts to address root causes of hunger through multiple innovation pilots that will change the food banking industry. In collaboration with community partners, here are the innovation pilots that are underway:-community markets: the food bank is piloting community markets, which are designed to provide nutritious and culturally centered foods to address access to healthy and cultural food within our communities, paired with coordinated services to address the root causes of food insecurity. Community markets are a transformative vision of going from a traditional 'pantry' model that is transactional and open limited hours with no wrap-around services, to larger market-style agencies that are open multiple days and/or extended hours to be more convenient and relational. Community markets are designed to be equity-centered and community-led. -capacity seed funding: capacity seed funding is an opportunity for organizations to accelerate their existing efforts in food programming and increase the number of individuals they are able to serve through one-time funding awards.the food bank recognizes that to address root causes of hunger, policy changes on local, state and federal levels must give access to healthy foods and address government barriers in accessing benefit programs. Advocacy efforts include optimizing government food assistance programs (e.g., calfresh, the state's food stamp program, and san francisco's public school meals program), eliminating bureaucracy and barriers that prevents low-income individuals from receiving assistance, improving program quality and participation, and offering recommendations to elected officials and community leaders to reduce barriers to food for low-income residents of san francisco and marin. The sf marin food bank's advocacy efforts, in collaboration with coalition partners, have resulted in reducing food insecurity and addressing critical gaps within statewide programs. Here is some of what is included from our food equity agenda in the state's budget for fy 25-26:-$60 million to sustain calfood funding, which supports food banks in purchasing California grown or produced food.-$35 million for the California nutrition incentives program (cnip), which encourages the purchase and consumption of healthy, California-grown fresh fruits, vegetables, and nuts by nutrition benefit clients. -additional $90.7 million for school meals for all and $160 million for kitchen upgrades at schools. -$40 million for sun bucks, which provides funding to families during the summer when school lunches are not available.

Financial Efficiency

• Mission deployment rate: 94.8%; rating input score 95
• Program expense ratio: 93.2%; rating input score 93
• Fundraising efficiency: $22 raised per $1 spent on fundraising; rating input score 60; 60th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 5 of 6 controls in place; rating input score 83
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • 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; 77th 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; 77th percentile among comparable filings
• Governance controls: 9 of 9 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: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -1.7%; rating input score 20; 20th percentile among comparable filings
• Total-asset coverage ratio: 0.78; rating input score 31; 31st percentile among comparable filings
• Liabilities to assets ratio: 0.09; rating input score 84; 84th percentile among comparable filings
• Officer compensation ratio: 1.8%; rating input score 59; 59th percentile among comparable filings

Growth

• Program expense growth: 6.9% per year; rating input score 100; 56th percentile among comparable filings
• Revenue growth: 7% per year; rating input score 100; 61st percentile among comparable filings
• Asset growth: 17% per year; rating input score 100; 90th percentile among comparable filings