Second Harvest Food Bank of Metrolina Inc

What it reported doing in 2024

Overall Product DistributionSecond Harvest Food Bank of Metrolina(SHFBM) received 88,709,148 lbs of grocery and household product from almost 250 local donors(excluding individuals and companies doing food drives), national sources coordinated by Feeding America, USDA Commodities, and purchases in 2024-2025. SHFBM distributed 89,994,859 bs of this product to over 950 partner agencies through our 24 county service region of North and South Carolina and to other food banks in 2024-2025PurchasedIn 2024-2025 SHFBM received 8,237,101 in grants and donations restricted for food purhcases. These gifts enabled the food bank to secure highly nutrious products that are rarely donated. SalvageAt the main warehouse of SHFBM, nonperishable foods and non-food items donated from food drives and salvage centers are sorted and packaged for distrubtion to our partner agencies. This project is one of our most popular volunteer activities. A total of 5,030,676 lbs were processed during the fiscal year. Our Partner Agencies: In the past year, Second Harvest Food Bank (SHFBM) supported over 950 partner agencies feeding the hungry in our 24-county service region spread across North and South Carolina. These agencies include emergency pantries, soup kitchens, homeless shelters, low-income daycares, kids cafes, backpack and senior programs.Government Commodities: While the majority of the Food Bank's product is donated by wholesalers, retailers, and the general public, 15,989,933 pounds came from government commodities. Government Commodities come from the Department of Agriculture in North Carolina and the South Carolina Department of Agriculture. These commodities are distributed to agencies based on the poverty levels in each county. Government Commodities Commodity Supplemental Food Program (CSFP): SHFBM and our partner agencies take part in providing highly nutritious food boxes to qualifying seniors under the Commodity Supplemental Food Program (CSFP). Each month, these seniors are able to receive a box of food containing items sent by the North Carolina Department of Agriculture and the South Carolina Department of Agriculture. In 2024-2025, SHFBM and their partner agencies distributed 1,513,552 pounds (35,839 boxes) to seniors in 20 counties within North Carolina and South Carolina.Ending Child and Senior Hunger Kids Caf: SHFBM believes that no child or senior should ever go hungry. Two of our major goals are to implement programs that help us end child and senior hunger in our region. These programs include Kids Caf, Backpack Program, and Second Helping Program.Kids Caf: This program works with partner agencies that serve at risk children. Examples include Boys and Girls Clubs, Communities in Schools and low-income day cares. The Food Bank makes it possible for these agencies to add a feedingcomponent so that at-risk children can have access to nutritious meals and snacks. As of the end of 2024-2025, SHFBM had 34 Kids Caf sites in 7different counties. Ending Child and Senior Hunger Backpack Program: SHFBM believes that no child or senior should ever go hungry. Two of our major goals are to implement programs that help us end child and senior hunger in our region. These programs include Kids Caf, Backpack Program, and Second Helping Program.Backpack Program: This program provides backpacks full of nutritious, ready-to-eat foods on weekends and holidays when school meals are not available. As of the end of 2024-2025 SHFBM had 498 Backpack sites in 20 different counties.Ending Child and Senior Hunger Second Helping Program: SHFBM believes that no child or senior should ever go hungry. Two of our major goals are to implement programs that help us end child and senior hunger in our region. These programs include Kids Caf, Backpack Program, and Second Helping Program.Second Helping Program: This program provides monthly food boxes to homebound seniors in 3 counties in our region. Boxes are delivered by our partner agencies on regular Meals on Wheel

Financial Efficiency

• Mission deployment rate: 91.9%; rating input score 92
• Program expense ratio: 97.3%; rating input score 97
• Fundraising efficiency: $58.56 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
• Major donor itemization: Limited
• 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: 5.6%; rating input score 59; 59th percentile among comparable filings
• Total-asset coverage ratio: 0.46; rating input score 17; 17th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 94; 94th percentile among comparable filings
• Officer compensation ratio: 0.7%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 7.3% per year; rating input score 100; 59th percentile among comparable filings
• Revenue growth: 7.8% per year; rating input score 100; 65th percentile among comparable filings
• Asset growth: 16.3% per year; rating input score 100; 88th percentile among comparable filings