Roadrunner Food Bank is dedicated to solving food insecurity in New Mexico. As a food distribution hub, the organization provides food to hundreds of affiliated partners around the state including food pantries, soup kitchens, shelters, and regional food banks. Roadrunner Food Bank also distributes food through specialized programs helping children, families, and seniors at schools, low-income senior housing sites, senior centers, and with and through health care partnerships. As reported by the organization, 70,000 hungry children, seniors and families are reached every week through this network.
For the year ended June 30, 2019, Roadrunner Food Bank's program expenses were:
Program services |
$67,181,446 |
Total Program Expenses: |
$67,181,446 |
*2018 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Invitations to fund raising events, Membership appeals, Planned giving arrangements, 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 $68,213,003, 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 Roadrunner Food Bank's audited financial statements - combined for the year ended June 30, 2019.
Source of Funds |
Donated food commodities - nonfederal |
$42,158,851 |
Donated food commodities - federal |
$17,658,481 |
Contributions, grants and contracts |
$8,319,062 |
Federal grant revenue |
$1,030,702 |
Shared maintenance and mobile food pantry fees |
$620,361 |
Food sales |
$521,603 |
Net gain on interest rate swap |
$336,248 |
Cold storage revenue |
$103,170 |
Special events, net |
$76,609 |
Other income |
$58,770 |
Interest and dividend income |
$22,242 |
Agency membership fees |
$11,989 |
Net loss on disposal of equipment |
($5,118) |
Write-off of uncollectible pledges |
($48,807) |
Total Income |
$71,864,163 |
- Programs: 98%
- Administrative: Less than 1%
- Fundraising: Less than 1%
Total Income |
$71,864,163 |
Program expenses |
$67,181,446 |
Fundraising expenses |
$870,117 |
Administrative expenses |
$957,233 |
Other expenses |
$0 |
Total expenses: |
$69,008,796 |
Income in Excess of Expenses |
$2,855,367 |
Beginning Net Assets |
$8,462,058 |
Other Changes In Net Assets |
$0 |
Ending Net Assets |
$11,317,425 |
Total Liabilities |
$9,499,672 |
Total Assets |
$20,817,097 |
Note: According to Roadrunner Food Banks’s audited financial statements for the year ended June 30, 2019, the organization received in-kind contributions of $60,825,021 including ($60,817,332) in donated food and other ($7,689).