Food Bank of Alaska
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
Complaints
Food Bank of Alaska meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to eliminate hunger in Alaska by obtaining and providing food to partner agencies feeding hungry people and through anti-hunger leadership."
Year, State Incorporated:
1979, AK
Food Bank of Alaska (FBA) reports that it works to provide food and support to end hunger in the State of Alaska. The organization sends food through a network of partner agencies, including food pantries, soup kitchens, and shelters. FBA also supports federal food programs, such as the Summer Food Service program, which distributes meals to children ages 18 and younger during the summer break; Commodity Supplemental Food Program, or Senior Boxes, that provides boxes of food to adults 60 years or older; and helps Alaskans navigate the application process for the Supplemental Nutrition Assistance Program (SNAP). In 2024, the organization reports it distributed 7.9 million pounds of food, served nearly 6.7 million meals, and delivered 25,154 Senior Boxes.
For the year ended June 30, 2024, Food Bank of Alaska's program expenses were:
| Program services | $22,390,715 |
| Total Program Expenses | $22,390,715 |
Chief Executive
Cara Durr, Chief Executive Officer
Compensation*
$110,926
Chair of the Board
Katria Kangas
Chair's Profession / Business Affiliation
Facilities and Engineering Senior Contract Manager, Santos Ltd
Board Size
14
Paid Staff Size
39
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Note: In 2023, the former Chief Executive Officer James Baldwin was the highest-paid employee with compensation totaling $144,465.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Print advertisements (newspapers, magazines, etc.), Radio, Cause-related marketing (affinity credit cards, consumer product sales, etc.), Television
Fundraising costs were 1% of related contributions. (Related contributions, which totaled $21,635,599, are donations received as a result of fundraising activities.)
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.
The following information is based on Food Bank of Alaska's audited financial statements for the year ended June 30, 2024.
Source of Funds
| Donated food | $12,698,898 |
| Government grants and contracts | $4,236,274 |
| Contributions and grants | $4,235,887 |
| Fees and services | $608,977 |
| In-kind contributions | $435,670 |
| Interest and investments, net | $201,232 |
| Special events | $28,870 |
| Gaming proceeds | $27,675 |
| Other revenue | $16,092 |
| Loss on disposal of assets | $-384,968 |
| Total Income | $22,104,607 |
Programs: 95% Fundraising: 1% Administrative: 4%
| Total Income | $22,104,607 |
| Total expenses: | $23,652,421 |
| Program expenses | $22,390,715 |
| Fundraising expenses | $247,253 |
| Administrative expenses | $1,014,453 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-1,547,814 |
| Beginning Net Assets | $21,588,254 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $20,040,440 |
| Total Liabilities | $1,641,489 |
| Total Assets | $21,681,929 |
Note: According to the organization's audited financial statements for the year ended June 30, 2024, FBA received in-kind contributions totaling $13,391,726 in the form of food ($12,956,056), freight ($358,024), and professional services ($77,646).
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 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 International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
