Food Bank of North Alabama

Huntsville, Alabama

A-Health Score
81A-

Financial Health Score

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

Very Good

💰
$29.7M
Total Revenue
📊
$29.1M
Total Expenses
🏦
$15.6M
Net Assets
📋
$4.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.8%
Year-over-year change (2020 → 2023)
Net Margin
+1.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.53
Net assets divided by total expenses
Liabilities-to-Assets
21.1%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$29,699,5928%$29,121,16523%$19,722,42894%
2020$27,553,33530%$23,736,50415%$10,177,09561%
2019$21,137,81718%$20,619,78321%$6,317,99310%
2018$17,889,08811%$16,979,69211%$5,719,72919%
2017$20,129,37853%$19,021,58550%$4,807,96731%
2016$13,190,67010%$12,657,1847%$3,670,83017%
2015$12,019,358242%$11,796,430271%$3,139,88421%
2014$3,515,91313%$3,178,2287%$2,597,19416%
2013$3,115,97923%$2,957,84425%$2,243,1095%
2012$2,541,2428%$2,375,0739%$2,141,17511%
2011$2,768,866$2,613,907$1,922,613

Frequently Asked Questions

What does Food Bank of North Alabama do?

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

Is Food Bank of North Alabama financially healthy?

Based on our 9-metric Financial Health Score model, Food Bank of North Alabama has a score of 81/100 (Grade: A-). 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 Food Bank of North Alabama generate?

Food Bank of North Alabama reports $39.1M in annual revenue and holds $21.5M in total assets, based on IRS filings.

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