Snoqualmie Valley Food Bank

Nonprofit profile at a glance

EIN
464388454
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-N 2013
Location
North Bend, WA, USA
Phone
4258887832
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Food, Agriculture, and Nutrition N.E.C.

Official website

Reported finances

Revenue
$1,770,044
Expenses
$1,696,807
Assets
$1,753,278
Liabilities
$31,263

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

Leadership & pay

10 people listed

Executive titles in this filing

  • TERRY POTTMEYER (DIRECTOR AUG-OCT, PRESIDENT REST OF YEAR)
  • EMILIE DAVIDSON (PRESIDENT THROUGH SEPT. 2024, DIRECTOR REST OF YEA)
  • LAUREN THOMAS (VICE PRESIDENT THROUGH APRIL 2024)
  • ALISON ROBERTS (DIRECTOR IN JAN. EXECUTIVE DIRECTOR FROM APRIL ON.)

Highest reported compensation

  • ALISON ROBERTS (DIRECTOR IN JAN. EXECUTIVE DIRECTOR FROM APRIL ON.): $74,625 total reported compensation

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

Overview

Mission

Our mission is to provide food and key resources to help our neighbors and community thrive. We lead the effort to feed, educated and advocate ending hunger in the snoqualmie valley and beyond.

What it reported doing in 2024

Svfb is run by a six member working board of directors, an executive director, operations manager, operations assistant, guest services specialist, marketing and development coordinator and many volunteers. In 2024, a total of 68,504 visits were recorded. Svfb operates a grocery store model food pantry where clients may shop once a week, during our distribution hours, to choose what food items they need. Svfb partners with the wsda, food lifeline, northwest harvest, hopelink and many other organizations. Combined resources from industry partners, grocery pick up programs, food drives, fundraisers and food purchased allowed us to distribute over 585,062 pounds of food to our community in 2024.

Operating model

Revenue model
Donor-supported. 78% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 83% 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. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 94
  • Accountability: 95
  • Sustainability: 49
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.8%; rating input score 85
  • Program expense ratio: 88.4%; rating input score 88
  • Fundraising efficiency: $54 raised per $1 spent on fundraising; rating input score 79; 79th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 76th 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: 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: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 4.1%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 1.03; rating input score 44; 44th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 64; 64th percentile among comparable filings
  • Officer compensation ratio: 4.4%; rating input score 54; 54th percentile among comparable filings

Growth

  • Program expense growth: 2.6% per year; rating input score 100; 29th percentile among comparable filings
  • Revenue growth: 4.2% per year; rating input score 100; 38th percentile among comparable filings
  • Asset growth: 23.1% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 84.8% of revenue deployed · 88.4% of spending went to programs
  • Governance: 5 of 5 board members independent · 7 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $1.5M in reported program spending
  • Leadership: top reported pay $75K · 10 people listed
  • Consistency: 28 of 28 current checks pass
  • Schedules: 6 filed schedules · includes major donors and grants
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

Key Signals

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

  • Moderate — Sustainability: Operating margin scored 48/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
  • Review — Sustainability: Officer compensation ratio scored 54/100.