K โ€” Food, Agriculture & NutritionEIN: 382424756ยท Ruling Year: 1982

Greater Lansing Food Bank

Bath, Michigan

B+Health Score
65B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$18.4M
Total Revenue
๐Ÿ“Š
$20.4M
Total Expenses
๐Ÿฆ
$12.6M
Net Assets
๐Ÿ“‹
$849K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-4.6%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-11.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.61
Net assets divided by total expenses
Liabilities-to-Assets
6.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$18,416,903โ†“5%$20,443,802โ†‘1%$13,417,934โ†“12%
2022$19,310,700โ†“20%$20,278,985โ†“3%$15,179,627โ†“10%
2021$24,023,490โ†‘2%$20,847,198โ†‘14%$16,845,910โ†‘24%
2020$23,617,106โ†‘30%$18,290,153โ†‘2%$13,564,210โ†‘77%
2019$18,202,826โ†‘6%$17,915,874โ†‘9%$7,674,837โ†‘10%
2018$17,142,503$16,440,200โ†“3%$6,983,994โ†‘9%
2017$17,097,750$16,881,002โ†‘4%$6,387,256
2016$17,073,464โ†‘9%$16,245,193โ†‘6%$6,413,469โ†‘20%
2015$15,629,982โ†‘27%$15,365,321โ†‘36%$5,366,086โ†‘8%
2014$12,283,637โ†“10%$11,309,468โ†“11%$4,973,538โ†‘23%
2013$13,632,971โ†‘107%$12,679,547โ†‘142%$4,039,461โ†‘41%
2012$6,585,999โ†‘78%$5,230,520โ†‘39%$2,874,136โ†‘81%
2011$3,708,257$3,757,650$1,588,333

Frequently Asked Questions

What does Greater Lansing Food Bank do?โ–ผ

Greater Lansing Food Bank is a food, agriculture & nutrition nonprofit organization based in Michigan. It is classified under NTEE code K31Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Greater Lansing Food Bank financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Greater Lansing Food Bank has a score of 65/100 (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 Greater Lansing Food Bank generate?โ–ผ

Greater Lansing Food Bank reports $24.8M in annual revenue and holds $14.1M in total assets, based on IRS filings.

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Greater Lansing Food Bank โ€” Bath, MI | GiveScope