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Financial Information

Stewardship. Accountability. Efficiency. Effectiveness. These are the values guiding Second Harvest Food Bank of Northwest NC in the management of all food, funds and in-kind donations entrusted to us on behalf of neighbors in need across our 18-county service area.

Though these values and operational principles are meaningful to all our supporters, they are of special concern to product donors who entrust our organization to distribute brand name product through our network of partner agencies. These donors recognize that we adhere to strict food-safety standards for freshness as well as for receiving and storing products; operate refrigerated trucks that can maintain food in temperature-controlled storage; use technology to track inventory; and hold our agencies accountable to strict standards for food storage and distribution.

Based on the national wholesale value of food from an annual study performed by KPMG LLP for Feeding America, we calculate that for every $1 donated, we can distribute the equivalent of 7 nutritious meals. In 2017-2018, Second Harvest Food Bank distributedmore than 31 million meals (37.2 million pounds of food and grocery related products), much of which might otherwise would have gone to waste.

Second Harvest Food Bank is an excellent steward of donated funds. For FY 2017-2018, 97.18% of all expenses were program related - food distribution and other programs for those in need. Administrative costs accounted for only 1.08% of expenses and fundraising costs account for only 1.74% of expenses.

An electronic version of our latest audited financials is available below. A printed copy of audited financials may be obtained upon request. To request a copy, contact Lisa Richardson, Director of Finance and Operations, by phone at 336.784.5770, by
e-mail or by mail at 3655 Reed Street, Winston-Salem, NC 27107.

Audited financial statements are prepared by Dixon Hughes, an independent accounting firm. Audited financials are reviewed by Second Harvest Food Bank of Northwest NC audit committee, finance committee, executive committee and full board of directors.  All directors are provided with a copy of the final audited financial reports.

FY 2017
2017 Annual Report

2016-2017 Audited Financial Statements

2016-2017 990 Report

TCK Providence Audited Financial Statements

TCK Providence 990

FY 2016
2016 Annual Report

2015-2016 Audited Financial Statements

2015-2016 990 Report

TCK Providence 990

FY 2015
2015 Annual Report

2014-2015 Audited Financial Statements

2014-2015 990 Report

2014-2015 990-T Report

FY 2014
2014 Annual Report

2013-2014 Audited Financial Statements

2013-2014 990 Report

2013-2014 990-T Report

FY 2013
2013 Annual Report

2012-2013 Audited Financial Statements

2012-2013 990 Report

2012- 2013 990-T Report

FY 2012
2012 Annual Report

2011-2012 Audited Financial Statements

2011-2012 990 Report

2011-2012 990-T


 

 

Second Harvest Food Bank of NWNC is proud to be recognized as a 4 Star Charity by Charity Navigator.

4 Star Charity Navigator

 

 

 

 

 

 

 

3655 Reed Street I Winston-Salem, NC 27107
Phone: 336.784.5770
Fax: 336.784.7369

©2015 Second Harvest Food Bank of Northwest North Carolina. All rights reserved.

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