Vindeket

What it reported doing in 2025

2025 was a year to be remembered. We increased the amount of food rescued to 2,228,545.85 pounds. We were able to move into our new home that we purchased at the end of 2024 after we completed a remodel and brought the facility up to code. Testimonials from our participants: "a gem and an invaluable resource that saves lives, not just food. I would say a good 80% of my groceries per month come from vindeket. I've been shopping here almost a year, staff is amazing, food quality is good and worth it in every way to you/your community. So much more than a grocery store this is a community hub, where good- hearted, conscientious people volunteer, shop, connect, and make an impact by living in alignment with their values. Whether you're an environmentalist, frugalist, creative cook, stressed caretaker, volunteer, or concerned citizen, vindeket is for you. Come help reduce food waste, reduce your carbon footprint, save money, inspire creativity, experiment with new foods, make a donation, and connect to the community. Lyric from the fort collins rescue mission (one of our non-profit partners) cooks food for residents at their shelter for men experiencing homelessness. She is able to save on their food budget as well as surprise the residents with unique foods and recipes utilizing our rescued food. Our service participants (volunteers) have again been instrumental in our successes in 2025. In 2025, we had 643 volunteers, with 420 of them being repeat volunteers (working more than one shift). We have 240 active volunteers at any given time - with about 140 volunteer slots per week that are 94% filled. Their commitment to vindeket is essential and aligns with our larger mission and charitable purposes. We are energized and beyond grateful to see our community step up its efforts to prevent waste in our local community, as well as provide charity to one another. Additionally, the larger amounts and greater variety of food rescued allowed us to better serve our non-profit partners and meet more of their needs in 2025. We were able to partner with and grew to serve food to 35 different non-profits here in northern Colorado.

Financial Efficiency

• Mission deployment rate: 89.9%; rating input score 90
• Program expense ratio: 97.1%; rating input score 97
• Fundraising efficiency: $1,211.47 raised per $1 spent on fundraising; rating input score 98; 98th 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; 75th 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: 2 of 8 controls in place; rating input score 25
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Missing
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 7.4%; rating input score 49; 49th percentile among comparable filings
• Total-asset coverage ratio: 0.47; rating input score 15; 15th percentile among comparable filings
• Liabilities to assets ratio: 0.49; rating input score 16; 16th percentile among comparable filings
• Officer compensation ratio: 1.7%; rating input score 76; 76th percentile among comparable filings

Growth

• Program expense growth: 29.8% per year; rating input score 100; 92nd percentile among comparable filings
• Revenue growth: 30% per year; rating input score 100; 94th percentile among comparable filings
• Asset growth: 54.4% per year; rating input score 100; 98th percentile among comparable filings