Weld Food Bank
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
Weld Food Bank meets the 20 Standards for Charity Accountability.
Stated Purpose:
"to lead and engage our community in the fight against hunger."
Year, State Incorporated:
1982, CO
Kids Café, meals and snack for undernourished children; Backpack Program, backpack of food to at risk children for the weekend; Summer Feeding, meals for children in the area that are at risk for hunger during summer; CSFP, Commodity Supplemental Food Program, a monthly nutrition program for seniors; Emergency Food Boxes, a box of food staples to qualified families or individuals in crisis; Mobile Food Pantry, a refrigerated truck delivers fresh, refrigerated and frozen food to distribution sites in the food deserts and areas of high need; School Food Pantry, located at schools intended to provide an accessible source of food assistance to low income students.
For the year ended June 30, 2024, Weld Food Bank's program expenses were:
| Programs | $25,247,218 |
| Total Program Expenses | $25,247,218 |
Chief Executive
Robert O'Connor, CEO
Compensation*
$131,273
Chair of the Board
AJ Roche
Chair's Profession / Business Affiliation
Roche Construction
Board Size
19
Paid Staff Size
30
* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Radio, Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)
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 Weld Food Bank's audited financial statements for the year ended June 30, 2024.
Source of Funds
| Contributions - Food | $18,362,591 |
| Contributions - Funds Development | $5,278,259 |
| Food Programs Reimbursement | $1,826,652 |
| Interest Income | $231,630 |
| Contributions - Endowment | $33,000 |
| Share Contribution Program | $22,651 |
| Miscellaneous Income | $7,596 |
| Total Income | $25,762,379 |
Programs: 97% Fundraising: 2% Administrative: 1%
| Total Income | $25,762,379 |
| Total expenses: | $26,022,813 |
| Program expenses | $25,247,218 |
| Fundraising expenses | $633,843 |
| Administrative expenses | $141,752 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-260,434 |
| Beginning Net Assets | $11,411,754 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $11,151,320 |
| Total Liabilities | $265,791 |
| Total Assets | $11,417,111 |
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.
