Better Business Bureau Report for
Food Bank for Larimer County

Better Business Bureau Report issued September 2014
Better Business Bureau Report expires September 2015


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


Find out more about this charity:

Back To Top

Charity Contact Information

Name: Food Bank for Larimer County
Address: 1301 Blue Spruce Drive
  Fort Collins , CO 80524
Phone: 970 493-4477
Web Address: www.foodbanklarimer.org
Back To Top

Better Business Bureau Comments

Year, State Incorporated: 1984, Colorado
Affiliates: None
Stated Purpose: "exists to provide food to all in need through community partnerships and hunger relief programs."

Back To Top

Evaluation Conclusions

              

Food Bank for Larimer County (FBLC) meets the 20 Standards for Charity Accountability.
Back To Top

Programs

              

The Food Bank for Larimer County provides food to those in need through three programs. Food Share provides food to individuals and families; it is the largest single fresh food, direct service pantry in the county. In FY 2012, over 30,000 individuals were served through the Food Share sites in Fort Collins and Loveland. Food Link allows over 70 local non-profits to get food for their clients. 1.35 million pounds of food were distributed to local agencies in FY 2012. The Kids Cafe program includes prepared meals, snacks, and food for the weekends through the Backpack program. In FY 2012, this program provided over 73,000 meals, nearly 59,000 healthy snacks, and more than 15,000 backpacks to children in need. In FY 2012, 44.8% of the total food distributed came from local sources, and 3.025 million pounds of fresh produce (37% of the total) were provided.

For the fiscal year ended June 30, 2013, FBLC's program expenses were:

  
Food Bank 16,044,527
Total Program Expenses: $16,044,527
Back To Top

Governance

              

Chief Executive : Amy Pezzani, Executive Director
Compensation*: 
$111,984

Chair of the Board: Douglas Dohn
Chair's Profession / Business Affiliation: Vice President, Dohn Construction

Board Size: 13

Paid Staff Size: 31

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Back To Top

Fund Raising

              

Method(s) Used:

direct mail, invitations to fund raising events, print advertisements, radio, grant proposals, internet, cause-related marketing
Fund raising costs were 2% of related contributions. (Related contributions, which totaled $16,826,158, are donations received as a result of fund raising activities.)
Back To Top

Tax Status

              

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
Back To Top

Financial

              

The following information is based on FBLC's audited financial statements for the fiscal year ended June 30, 2013.

Source of Funds  
In-Kind Donations 13,755,834
Contributions and Grants 2,787,507
Event Revenue (net) 282,817
Shared Maintenance Fees 170,197
Investment Income 105,692
Other Income 5,773
Gain on Sale of Asset 1,200
Total Income $17,109,020


chart



Uses of Funds as a % of Total Expenses

Programs: 96%  Fund Raising: 2%  Administrative: 2% 

Total income $17,109,020
Program expenses $16,044,527
Fund raising expenses 356,082
Administrative expenses 320,562
Total expenses $16,721,171
Income in Excess of Expenses 387,849
Beginning net assets 6,884,580
Ending net assets 7,272,429
Total liabilities 642,383
Total assets $7,914,812


Back To Top

BBB Membership

              

This charity is a member of this Better Business Bureau. Only charities that meet BBB charity standards are eligible for BBB membership.

Back To Top

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

Send to:



What is an Accredited Charity