South Whidbey Good Cheer

Nonprofit profile at a glance

EIN
237047914
IRS 990 coverage
2011–2024
Forms available
Form 990 2024
Location
Langley, WA, USA
Phone
3602216454
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Food Banks, Pantries

Official website

Reported finances

Revenue
$1,464,805
Expenses
$1,517,379
Assets
$3,516,867
Liabilities
$82,341

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

Leadership & pay

13 people listed

Executive titles in this filing

  • GREGORY ROEBEN (PRESIDENT)
  • KAREN KORBELIK (EXECUTIVE DIRECTOR)

Highest reported compensation

  • KAREN KORBELIK (EXECUTIVE DIRECTOR): $68,052 total reported compensation

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

Overview

Mission

South whidbey good cheer is committed to creating a hunger-free community because we believe that all people deserve food to nourish and sustain them regardless of identity, socioeconomic status, or circumstance. We share healty food and sustaining resources with compassion and dignity for all, providing access to basic human needs through our food bank, gardens, thrift stores, and referrals to other services. In addition to addressing the physical aspects of hunger and need, each of the components of our organization serves as a space for community participation. Good cheer is supported by, and benefits, community members acting as volunteers, donors, and recipients in a shared cycle of giving and receiving.

What it reported doing in 2024

Good cheer provides access to basic human needs through four key efforts: our food bank utilizes a points-based shopping system where clients self-select items just as they would at a grocery store to empower choice and preserve dignity. Our thrift stores recycle donated clothing and household goods back to the community at affordable prices while also generating revenue to help fund the food bank. Our gardens produce 15,000 lbs of fruits and vegetables each year, helping to ensure that food bank center assists food bank shoppers with identifying and accessing additional social services available to help them address additional challenges that lead to, or exacerbate, hunger. Major accomplishments in 2024: distributed more than 375,000 lbs of food to 3048 individuals. Assisted food bank shoppers unable to pick up grociries for themselves with 49 deliveries. Cultivated more than 17,684 lbs of fresh fruits and vegetables in on-site gardens for distribution to food bank shoppers. Hosted representatives from partner organizations on 104 occasions for client referrals to other services in our community connection center.

Operating model

Revenue model
Donor-supported. 73% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 92
  • Accountability: 85
  • Sustainability: 47
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 82.8%; rating input score 83
  • Fundraising efficiency: $6.62 raised per $1 spent on fundraising; rating input score 25; 25th 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: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 91.7%; rating input score 92; 24th percentile among comparable filings
  • Governance controls: 6 of 8 controls in place; rating input score 75
    • 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: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -3.6%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 2.32; rating input score 69; 69th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 61; 61st percentile among comparable filings
  • Officer compensation ratio: 4.5%; rating input score 54; 54th percentile among comparable filings

Growth

  • Program expense growth: 5.4% per year; rating input score 100; 44th percentile among comparable filings
  • Revenue growth: 6.1% per year; rating input score 100; 49th percentile among comparable filings
  • Asset growth: 9.5% per year; rating input score 100; 57th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 82.8% of spending went to programs
  • Governance: 11 of 12 board members independent · 6 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $1.3M in reported program spending
  • Leadership: top reported pay $68K · 13 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 12 filing years from 2011 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.

  • High — Financial Efficiency: Fundraising efficiency scored 25/100.
  • High — Sustainability: Operating margin scored 27/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Review — Sustainability: Officer compensation ratio scored 54/100.