Wyoming Governor's Residence Foundation

What it reported doing in 2024

Wyoming hunger initiative serves a wide audience across the state, recognizing that hunger affects children, families, seniors, and veterans alike. We believe hunger in Wyoming is a solvable problem. Our work focuses on preventing food insecurity by increasing awareness, supporting local anti-hunger organizations, and fostering collaboration through innovative programs. By elevating and connecting local solutions, we aim to build nourished kids, healthy families, and thriving communities. Wyoming hunger initiative supports communities and anti-hunger organizations through infrastructure grants for equipment and projects, along with additional funding for emergency, summer, and holiday meal programs. These efforts help strengthen the long-term viability of local partners and promote sustainable approaches to reducing food insecurity across Wyoming.food from the farm + ranch leverages Wyoming-grown agricultural products to address food insecurity while meeting two challenges; providing farmers and ranchers a meaningful way to support neighbors in need, and bridging the price gap between what the food bank system can pay for external protein sources and the cost of processing high-quality, locally produced protein.through partnerships with the university of Wyoming extension, the cent$ible nutrition program, and the master gardener program, we also distributed seeds and provided infrastructure grants to organizations interested in growing additional produce for donation through the grow a little extra campaign.Wyoming hunger initiative provides beef sticks through beef for backpacks for weekend food bag programs to ensure children have access to high-quality protein on weekends. These protein resources are offered at no cost to partner organizations that distribute them to families in their communities.additionally, food from the field, in collaboration with the Wyoming game & fish department, Wyoming department of agriculture, and processors statewide, enables hunters to donate harvested game. Processors prepare the meat for distribution through local organizations, ensuring it reaches individuals and families facing food insecurity.Wyoming hunger initiative also addressed significant school meal debt that had accrued. After a period during which school meals were available at no cost, we worked with dedicated donors to ensure students returned to school without outstanding balances. Now that we are beyond the pandemic, we continue to support school districts in managing and reducing meal debt and are refining long-term strategies to assist families moving forward.

Financial Efficiency

• Mission deployment rate: 97.7%; rating input score 98
• Program expense ratio: 91.8%; rating input score 92
• Fundraising efficiency: $22.03 raised per $1 spent on fundraising; rating input score 61; 61st percentile among comparable filings

Transparency & Controls

• Consistency checks: 92.3%; rating input score 92; 16th percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: 61.1%; rating input score 61; 31st 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: 3 of 7 controls in place; rating input score 43
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Fail
  • CEO compensation review process: NotApplicable
  • 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: -6.4%; rating input score 22; 22nd percentile among comparable filings
• Total-asset coverage ratio: 1.95; rating input score 64; 64th percentile among comparable filings
• Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
• Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

• Program expense growth: 32.8% per year; rating input score 100; 91st percentile among comparable filings
• Revenue growth: 24.2% per year; rating input score 100; 89th percentile among comparable filings
• Asset growth: 14.9% per year; rating input score 100; 72nd percentile among comparable filings