K โ€” Food, Agriculture & NutritionEIN: 341446685ยท Ruling Year: 1986

Second Harvest Foodbank Of North Central Ohio

Lorain, Ohio

B+Health Score
66B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

๐Ÿ’ฐ
$19.2M
Total Revenue
๐Ÿ“Š
$18.6M
Total Expenses
๐Ÿฆ
$15.8M
Net Assets
๐Ÿ“‹
$219K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+3.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.85
Net assets divided by total expenses
Liabilities-to-Assets
1.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$19,198,439โ†‘4%$18,595,881โ†‘6%$16,042,711โ†‘8%
2022$18,479,147โ†“23%$17,576,619โ†“15%$14,922,790โ†‘1%
2021$24,086,352โ†‘27%$20,732,463โ†‘29%$14,711,578โ†‘32%
2020$18,996,234โ†‘58%$16,029,268โ†‘33%$11,182,379โ†‘43%
2019$12,031,852โ†‘1%$12,069,046โ†‘2%$7,846,549โ†“1%
2018$11,875,181โ†‘252%$11,816,698โ†‘250%$7,896,562โ†‘2%
2017$3,376,530โ†“70%$3,378,219โ†“71%$7,749,753
2017$11,304,650โ†‘5%$11,486,199โ†‘13%$7,716,718โ†“22%
2016$10,780,823โ†“1%$10,176,438โ†‘3%$9,876,563
2015$10,867,306โ†“2%$9,889,718โ†‘6%$9,834,396โ†‘52%
2014$11,104,447โ†‘11%$9,356,763โ†‘10%$6,469,195โ†‘37%
2013$10,038,288โ†“4%$8,508,924โ†“18%$4,717,627โ†‘52%
2012$10,465,748$10,385,758$3,097,192

Frequently Asked Questions

What does Second Harvest Foodbank Of North Central Ohio do?โ–ผ

Second Harvest Foodbank Of North Central Ohio is a food, agriculture & nutrition nonprofit organization based in Ohio. It is classified under NTEE code K310 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Second Harvest Foodbank Of North Central Ohio financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Second Harvest Foodbank Of North Central Ohio has a score of 66/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Second Harvest Foodbank Of North Central Ohio generate?โ–ผ

Second Harvest Foodbank Of North Central Ohio reports $26.6M in annual revenue and holds $17.0M in total assets, based on IRS filings.

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Second Harvest Foodbank Of North Central Ohio โ€” Lorain, OH | GiveScope