Virginia Peninsula Foodbank
Nonprofit profile at a glance
- EIN
- 541422298
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Hampton, VA, US
- Phone
- 757-596-7188
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Food Banks, Pantries
Reported finances
- Revenue
- $21,589,112
- Expenses
- $22,913,585
- Assets
- $27,133,846
- Liabilities
- $706,385
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- CURTIS BAKER (VICE PRESIDENT, ADMINISTRATION)
- MICHAEL DOUCETTE (VICE PRESIDENT, DEVELOPMENT)
- JONATHAN TOMS (IMMEDIATE PAST PRESIDENT)
- ERIK MILLS (PRESIDENT)
- KAREN JOYNER (CHIEF EXECUTIVE OFFICER (THRU 8/24))
- ROBERT P LATVIS (CHIEF EXECUTIVE OFFICER (FROM 8/24))
Highest reported compensation
- RENEE FIGURELLE (CHIEF OPERATIONS OFFICER): $120,575 total reported compensation
- KAREN JOYNER (CHIEF EXECUTIVE OFFICER (THRU 8/24)): $119,488 total reported compensation
- LISA OLVERSON (CHIEF FINANCIAL OFFICER): $116,411 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Together, we can solve hunger!
What it reported doing in 2024
Child nutrition. The kid's cafe program normally provides nutritious afternoon meals and snacks to children in after school programs in a safe, caring, and learning environment. The culinary training program is designed to help disadvantaged adults gain culinary skills, jobs, and self-reliance through a free training program that will also benefit and expand the food support for our kids cafe program. The 12-week curriculum trains individuals in basic culinary skills to include servsafe manager certification, sanitary practices, job skills, resume development, time management, teamwork, leadership, decision-making skills, goal setting, and conflict resolution. Trainees participate in an intensive academic and hands-on training environment that will produce a graduate ready to work immediately in the food service industry as a successful employee. Our back pack for kids program was implemented in 2005 through partnerships with three title i elementary schools (defined as schools with a population of greater than 50% of the children receiving free or reduced price federal school meals). We distributed backpack bags of food to over 1,500 children most weeks at dozens of locations across the greater Virginia peninsula.
Operating model
- Revenue model
- Donor-supported. 88% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 75% 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 39
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 94.4%; rating input score 94
- Fundraising efficiency: $26.13 raised per $1 spent on fundraising; rating input score 63; 63rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 3rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 86.1%; rating input score 86; 18th 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; 66th percentile among comparable filings
- Governance controls: 9 of 9 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: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -6.1%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 1.18; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 88; 88th percentile among comparable filings
- Officer compensation ratio: 1.9%; rating input score 78; 78th percentile among comparable filings
Growth
- Program expense growth: 0.9% per year; rating input score 100; 14th percentile among comparable filings
- Revenue growth: 2% per year; rating input score 100; 18th percentile among comparable filings
- Asset growth: 7.7% per year; rating input score 100; 53rd percentile among comparable filings
Details
- What they do: 15 programs and campaigns described on the official site · 9 operating locations identified
- Where the money goes: 100% of revenue deployed · 94.4% of spending went to programs
- Governance: 16 of 16 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $21.6M in reported program spending
- Leadership: top reported pay $121K · 20 people listed
- Consistency: 35 of 37 current checks pass · 2 findings to review
- Schedules: 7 filed schedules · includes major donors and grants
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 102 filed money-flow records
- Related organizations: 98 filed related-organization links
- 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 — Sustainability: Operating margin scored 15/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.