Sheboygan County Food Bank Inc

What it reported doing in 2024

Emergency food pantry distribution program/food + for neighborsour neighbors in need of emergency food include children, individuals living with disabilities, veterans, seniors with fixed incomes, working families and people suffering from mental illness. Unexpected expenses or income changes can cause anyone to face hunger. Sheboygan county food bank (scfb) is dedicated to providing support to our neighbors so they can overcome challenges that may be contributing to their dependence on emergency food.food+ for neighbors is scfb's primary program that ensures sheboygan county residents facing challenging times have access to healthy, emergency food and assistance to address the root causes of their hunger. Scfb accomplishes this by distributing emergency food, free of charge, through a network of food pantries, free community meal sites, shelters and other sheboygan county organizations, while coordinating a dignified client intake process and distribution system. "food+" refers to the expansion from the traditional food bank model (i.e., gather, store and distribute food to a network of regional partners) and amplifies the benefit of the food scfb provides by using a framework to learn more about clients' circumstances and then connecting them with applicable community resources.scfb has been supplying free, healthy food to food pantries, community meals, shelters and other sheboygan county organizations that serve low-income residents for many years. We have worked with some of these organizations for just a few years and others for the entire 38-year scfb history. The distributing of emergency food to food pantries, referred to as our emergency food pantry distribution program, is our primary program.

Financial Efficiency

• Mission deployment rate: 86.1%; rating input score 86
• Program expense ratio: 92.1%; rating input score 92
• Fundraising efficiency: $43.93 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings

Transparency & Controls

• Consistency checks: 94.4%; rating input score 94; 24th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 84.9%; rating input score 85; 23rd 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; 63rd 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: 10.6%; rating input score 64; 64th percentile among comparable filings
• Total-asset coverage ratio: 1.65; rating input score 55; 55th percentile among comparable filings
• Liabilities to assets ratio: 0.02; rating input score 79; 79th percentile among comparable filings
• Officer compensation ratio: 3.6%; rating input score 65; 65th percentile among comparable filings

Growth

• Program expense growth: 20.5% per year; rating input score 100; 86th percentile among comparable filings
• Revenue growth: 19% per year; rating input score 100; 87th percentile among comparable filings
• Asset growth: 26.8% per year; rating input score 100; 91st percentile among comparable filings