Second Harvest of South Georgia
Legal name: Second Harvest of South Georgia Inc
Nonprofit profile at a glance
- EIN
- 582208545
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Valdosta, GA, US
- Phone
- (888) 453-4143
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Food Banks, Pantries
Reported finances
- Revenue
- $70,751,558
- Expenses
- $48,813,727
- Assets
- $42,777,539
- Liabilities
- $9,483,609
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- FRANKLIN J RICHARDS II (PRESIDENT & CEO)
- CORY HANSEN (VICE PRESIDENT OF FINANCE)
Highest reported compensation
- FRANKLIN J RICHARDS II (PRESIDENT & CEO): $294,590 total reported compensation
- CORY HANSEN (VICE PRESIDENT OF FINANCE): $122,287 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To fight hunger in South Georgia by providing food and resources to those in need.
What it reported doing in 2024
Product collection, storage and distribution.the activities consist of receiving donated food items which are cleaned and repackaged, if necessary. The food items are distributed to other not-for-profit organizations, which in turn provide food to the hungry and needy. The food bank is open five days a week, fifty-two weeks a year, excluding holidays, and has four locations. The organization helps over five hundred programs.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 89% 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: 80
- Transparency & Controls: 73
- Accountability: 87
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.7%; rating input score 68
- Program expense ratio: 96.7%; rating input score 97
- Fundraising efficiency: $285.62 raised per $1 spent on fundraising; rating input score 92; 92nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.1%; rating input score 94; 28th percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.7%; rating input score 100; 43rd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 32nd percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 31%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 0.88; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0.9%; rating input score 77; 77th percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 16th percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 42nd percentile among comparable filings
- Asset growth: 12.8% per year; rating input score 100; 81st percentile among comparable filings
Details
- What they do: 12 programs and campaigns described on the official site · 4 operating locations identified
- Where the money goes: 67.7% of revenue deployed · 96.7% of spending went to programs
- Governance: 6 of 7 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $47.2M in reported program spending
- Leadership: top reported pay $295K · 8 people listed · 1 of 6 pay-setting controls reported
- Consistency: 34 of 35 current checks pass · 1 finding to review
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 9 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 262 filed money-flow records
- Related organizations: 248 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: Audit committee oversight not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.