Second Harvest of Silicon Valley

Nonprofit profile at a glance

EIN
942614101
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
San Jose, CA, United States
Phone
408-266-8866
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Food Banks, Pantries

Official website

Reported finances

Revenue
$309,823,067
Expenses
$261,279,719
Assets
$320,773,966
Liabilities
$23,786,100

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

24 people listed

Executive titles in this filing

  • LESLIE BACHO (CEO)

Highest reported compensation

  • LESLIE BACHO (CEO): $448,297 total reported compensation
  • NOLAND PIERRE GRANBERRY (CFO): $330,306 total reported compensation
  • SHOBANA GUBBI (CHIEF PHILANTHROPY OFFICER): $314,459 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Second Harvest’s mission is to end hunger in our community. Our mission is to end hunger in our community. Our volunteers, donors and supporters help us provide food to families, multi-generational households, seniors and college students. We offer more than just nourishment, we are helping people in our own community feel a little more secure and find joy in the pleasure of cooking and sharing a meal with loved ones. Our Work And Impact. Our grocery programs provide free nutritious groceries and fresh produce to our neighbors who can’t afford healthy food. Volunteers distribute the food. Food Connection helps people find free groceries and other food resources in their neighborhood. Multilingual staff provide referrals to local food programs and help people apply for CalFresh. Learn more.

What it reported doing in 2024

Second harvest of silicon valley (also known as "second harvest") is a nonprofit 501(c)(3) organization established in 1974 and incorporated in 1979. Second harvest is one of the largest food banks in the nation and a trusted nonprofit leader in ending local hunger. In silicon valley, one of the wealthiest regions in the country, food insecurity is higher than the national average. One in six neighbors relies on second harvest for nutritious food, half of whom are kids and seniors. Inflation and the high cost of housing disproportionately impact neighbors living on fixed incomes or earning lower wages in jobs that keep the community running (such as grocery clerks, bus drivers, teaching assistants and service workers). (continued on schedule o)

Operating model

Revenue model
Donor-supported. 91% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 78% 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. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 87
  • Accountability: 92
  • Sustainability: 72
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81%; rating input score 81
  • Program expense ratio: 94.2%; rating input score 94
  • Fundraising efficiency: $42.85 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • 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: 94.4%; rating input score 94; 46th 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: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 15.7%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1.23; rating input score 46; 46th percentile among comparable filings
  • Liabilities to assets ratio: 0.07; rating input score 86; 86th percentile among comparable filings
  • Officer compensation ratio: 0.8%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 10.3% per year; rating input score 100; 75th percentile among comparable filings
  • Revenue growth: 10.5% per year; rating input score 100; 78th percentile among comparable filings
  • Asset growth: 14.3% per year; rating input score 100; 84th percentile among comparable filings

Details

  • What they do: 8 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 81% of revenue deployed · 94.2% of spending went to programs
  • Governance: 17 of 18 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $246M in reported program spending
  • Leadership: top reported pay $448K · 24 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.8M reported
  • Consistency: 41 of 41 current checks pass
  • Schedules: 9 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: 272 filed money-flow records
  • Related organizations: 233 filed related-organization links
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 46/100.