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CHARITY REVIEW
Issued: January 2025 Expires: January 2026

Food Bank of Lincoln, Inc.

Accredited Charity
Accredited Charity

Meets Standards
Accreditation seal
(402) 466-8170
1221 Kingbird Rd
Lincoln, NE, 68521-3008
https://www.lincolnfoodbank.org/
📄 Full Report 🖨️ Print 📋 BBB Charity Standards

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Food Bank of Lincoln, Inc. meets the 20 Standards for Charity Accountability.

Stated Purpose:
"To alleviate hunger in Southeast Nebraska."

Year, State Incorporated:
1982, NE

The Food Bank of Lincoln attempts to help solve emergency food needs of the community and reduce food cost of charitable organizations by providing them with surplus or salvage foods. They also make sure that food goes to the ill, needy or infants instead of being discarded. The organization operates exclusively for religious, charitable, educational, literary or scientific purpose. Principal activities include food drives, fund raising, and food distribution. Local food companies are solicited for donations of food and household products. Some cash solicitations and food are requested from the public through special events. Those that are eligible to benefit from the organization's programs are 501 (c)(3) organizations that provide food and other services for the ill, needy and/or infants and children. Member agencies pay a user fee per pound of food obtained to help cover costs, and this fee cannot be passed on to food recipients.

For the year ended June 30, 2024, Food Bank of Lincoln, Inc.'s program expenses were:

Programs $19,660,804
Total Program Expenses $19,660,804

Chief Executive
Michaella Kumke, President and CEO

Compensation*
$132,471

Chair of the Board
Michelle Sitorious

Chair's Profession / Business Affiliation
Cline Williams

Board Size
10

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.), Grant proposals, Internet, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 5.97%

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 Lincoln, Inc.'s audited financial statements - consolidated for the year ended June 30, 2024.

Source of Funds
Contributed Inventory $11,781,933
Contributions $5,565,975
Governmental Program Support $2,609,491
Investment Income $421,169
Agency Cooperative Purchasing and Fees $97,060
In Kind Goods and Services $82,530
Miscellaneous $30,226
Loss on Disposal of Assets $-46,714
Total Income $20,541,670

Programs: 92% Fundraising: 5% Administrative: 3%

Total Income $20,541,670
Total expenses: $21,257,893
  Program expenses $19,660,804
  Fundraising expenses $1,040,762
  Administrative expenses $556,327
  Other expenses $0
Income in Excess of Expenses $-716,223
Beginning Net Assets $20,089,748
Other Changes In Net Assets $0
Ending Net Assets $19,373,525
Total Liabilities $814,557
Total Assets $20,188,082

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.

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Report completed by:
BBB in Nebraska, South Dakota, Kansas Plains & SW Iowa