Food, Agriculture & Nutrition
(K30)
IRS Verified
DX Registered
990 on File
FOOD CONNECTION INC
Financial strength (30%)
78/100
Reliability (20%)
50/100
Effectiveness (25%)
93/100
Impact (25%)
85/100
CharityAI™ Score
Not yet evaluated
Mission Statement
Food Connection eases food insecurity and reduces waste by redistributing surplus prepared food and connecting it to communities in need. We share this delicious and nutritious food with agency partners who serve the community and directly into neighborhoods where working families and seniors may not have access to nutritious prepared meals.
Financial Overview — FY 2024
$2.5M
Total Revenue
$2.1M
Total Expenses
$758K
Net Assets
12
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
92.1%
Fundraising Efficiency
29.1%
Operating Reserve
4.39x
Liability-to-Asset
2.9%
Revenue Diversification
95.5%
Executive Compensation
$73K
Compared with Peers
FY 2024
Compared with 769 similar organizations
(United States, Food, Agriculture & Nutrition, $1M–$10M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
92.1% | 90.0% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
6.0% | 6.8% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
2.0% | 0.7% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
29.1% | 132.8% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
4.4 mo | 7.1 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.9% | 7.1% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.5% | 95.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
75.1% | 8.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
46.6% | 9.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
17.5% | 1.9% |
P10P90
|
Impact
4 programs| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| Improved health and stability by reducing hunger and easing household costs | 4,000 | $106.00 | — | Per Year |
| Improved child nutrition and readiness through steady access to meals | 1,400 | $100.00 | — | Per Year |
| Improved health and stability by reducing hunger and easing household costs | 4,000 | $106.00 | — | Per Year |
| Cleaner environment through reduced food waste and lower greenhouse gas emissions | 200,000 | $0.76 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $2.5M | $2.1M | $758K | 92.1% | 12 |
| 2023 | $1.4M | $1.4M | $346K | 90.3% | 11 |
| 2022 | $1.2M | $1.2M | $333K | 89.5% | 8 |
| 2021 | $877K | $783K | $291K | 85.8% | 7 |
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