The Pantry of Broward Inc

What it reported doing in 2024

The pantry of broward serves as a vital resource for seniors age 60 and older who are struggling to live on low, fixed incomes, as well as grandparents who have assumed full-time responsibility for raising their grandchildren. Each client meets regularly with the director of client services to assess their individual needs, identify available resources, and determine how the pantry can best support them. When additional assistance is needed, clients are connected with other social service organizations and resources throughout broward county. Typical services provided by the pantry include:1. Food and nutrition assistancethe pantry provides approximately 600 clients each month with a 55-pound box of nutritious food, including fresh fruits and vegetables, bread, and other essential staples. To further address food insecurity, the pantry serves as a community partner with the Florida department of children and families and assists eligible clients with applying for snap (food assistance) benefits. The organization estimates that its food distribution programs help support nearly 1,000 individuals each month, including approximately 100 grandchildren who currently live full-time with pantry clients.2. Housing and emergency assistancethe pantry serves as a resource for clients seeking affordable and subsidized senior housing opportunities. Staff help clients identify appropriate housing options, navigate the application and approval process, and advocate on their behalf when needed. By 2028, the pantry hopes to provide eligible pantry clients with access to one-bedroom apartments at lofts on 6th, a new affordable senior housing development located on the same property as the pantry. In addition, the pantry partners with local businesses and community organizations to help clients address critical home repair needs and create safer, more secure living environments. The organization also provides emergency assistance with essential expenses, including rent and utility payments, when resources are available.3. Support for grandparents raising grandchildrengrandparents who unexpectedly assume responsibility for raising their grandchildren often face significant challenges in obtaining the benefits and services available to the children in their care. Many must also establish legal custody before they can access those benefits. The pantry helps guide grandparents through the appropriate legal and social service channels, including navigating the court system to obtain legal custody when necessary. Once custody is established, the pantry assists grandparents in accessing the benefits and resources for which they and their grandchildren may be eligible. The organization also supports the children in their care by providing school supplies and holiday gifts.4. Healthcare and individualized supportthe pantry assists clients in identifying affordable healthcare and prescription medication resources. Through individualized case management and ongoing client assessments, the organization also helps connect seniors and grandparents raising grandchildren with resources that address their unique circumstances and changing needs.through these comprehensive services, the pantry of broward works to address not only immediate food insecurity but also the broader challenges that can affect the health, safety, housing stability, and overall well-being of vulnerable seniors and grandparents raising grandchildren throughout broward county.

Financial Efficiency

• Mission deployment rate: 46.6%; rating input score 47
• Program expense ratio: 72.4%; rating input score 72
• Fundraising efficiency: $10.16 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd 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: 100%; rating input score 100; 72nd 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 8 controls in place; rating input score 100
  • 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: Pass

Sustainability

• Operating margin: 37.3%; rating input score 88; 88th percentile among comparable filings
• Total-asset coverage ratio: 5.43; rating input score 85; 85th percentile among comparable filings
• Liabilities to assets ratio: 0.07; rating input score 66; 66th percentile among comparable filings
• Officer compensation ratio: 8.8%; rating input score 34; 34th percentile among comparable filings

Growth

• Program expense growth: 7.6% per year; rating input score 100; 54th percentile among comparable filings
• Revenue growth: 7.6% per year; rating input score 100; 58th percentile among comparable filings
• Asset growth: 19.7% per year; rating input score 100; 83rd percentile among comparable filings