Civic Intelligence

Feed My Starving Children

990 • Fiscal year 2016 • EIN 41-1601449

Mar 01, 2015 to Feb 29, 2016 • Filed on Jul 06, 2016

401 93rd Ave NWCoon Rapids, MN 55433

(763) 504-2919

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

63rd percentile

0.41x

Higher debt load relative to assets than 63% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Liabilities / Revenue

33rd percentile

0.17x

Higher debt load relative to revenue than 33% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Net Margin

42nd percentile

0.8%

Higher net margin than 42% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Top Officer Pay

41st percentile

$214,183

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2016

Asset Growth

86th percentile

20%

Faster asset growth than 86% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Revenue Growth

74th percentile

12%

Faster revenue growth than 74% of similar nonprofits.

2016 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2015 to 2016

Assets

Up

$14,987,861

Up $2,524,881 (+20%) from 2015

Net Assets

Up

$8,822,776

Up $631,329 (+7.7%) from 2015

Liabilities

Up

$6,165,085

Up $1,893,552 (+44%) from 2015

Revenue

Up

$35,337,933

Up $3,886,678 (+12%) from 2015

Expenses

Up

$35,069,891

Up $3,977,841 (+13%) from 2015

Net Income

Down

$268,042

Down $91,163 (-25%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $6,119,714Liabilities 2010: $1,248,114Net Assets 2010: $4,871,6002010Assets 2012: $6,626,464Liabilities 2012: $1,861,616Net Assets 2012: $4,764,8482012Assets 2013: $8,036,768Liabilities 2013: $2,732,055Net Assets 2013: $5,304,7132013Assets 2014: $10,436,713Liabilities 2014: $3,157,495Net Assets 2014: $7,279,2182014Assets 2015: $12,462,980Liabilities 2015: $4,271,533Net Assets 2015: $8,191,4472015Assets 2016: $14,987,861Liabilities 2016: $6,165,085Net Assets 2016: $8,822,7762016Assets 2017: $17,992,535Liabilities 2017: $6,447,733Net Assets 2017: $11,544,8022017Assets 2018: $21,272,907Liabilities 2018: $6,442,647Net Assets 2018: $14,830,2602018Assets 2019: $21,144,897Liabilities 2019: $8,186,836Net Assets 2019: $12,958,0612019Assets 2020: $21,379,361Liabilities 2020: $4,957,679Net Assets 2020: $16,421,6822020Assets 2021: $36,157,133Liabilities 2021: $8,551,939Net Assets 2021: $27,605,1942021Assets 2022: $39,897,595Liabilities 2022: $5,416,053Net Assets 2022: $34,481,5422022Assets 2023: $38,450,008Liabilities 2023: $10,266,783Net Assets 2023: $28,183,2252023Assets 2024: $29,078,290Liabilities 2024: $9,343,815Net Assets 2024: $19,734,4752024Assets 2025: $40,971,071Liabilities 2025: $16,393,527Net Assets 2025: $24,577,5442025

Highlighted filing

2016

Assets$14,987,861
Liabilities$6,165,085
Net Assets$8,822,776

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100M$50M$0-$50MExpenses 2010: $11,965,6332010Revenue 2012: $19,196,984Expenses 2012: $18,004,269Net Income 2012: $1,192,7152012Revenue 2013: $22,478,561Expenses 2013: $21,988,300Net Income 2013: $490,2612013Revenue 2014: $27,408,895Expenses 2014: $25,747,486Net Income 2014: $1,661,4092014Revenue 2015: $31,451,255Expenses 2015: $31,092,050Net Income 2015: $359,2052015Revenue 2016: $35,337,933Expenses 2016: $35,069,891Net Income 2016: $268,0422016Revenue 2017: $38,508,937Expenses 2017: $35,570,757Net Income 2017: $2,938,1802017Revenue 2018: $41,985,008Expenses 2018: $39,826,949Net Income 2018: $2,158,0592018Revenue 2019: $44,858,052Expenses 2019: $47,121,390Net Income 2019: -$2,263,3382019Revenue 2020: $49,545,510Expenses 2020: $48,384,958Net Income 2020: $1,160,5522020Revenue 2021: $50,476,786Expenses 2021: $38,554,114Net Income 2021: $11,922,6722021Revenue 2022: $62,648,844Expenses 2022: $56,099,737Net Income 2022: $6,549,1072022Revenue 2023: $63,177,502Expenses 2023: $69,980,301Net Income 2023: -$6,802,7992023Revenue 2024: $66,074,761Expenses 2024: $74,099,697Net Income 2024: -$8,024,9362024Revenue 2025: $70,484,783Expenses 2025: $65,733,066Net Income 2025: $4,751,7172025

Highlighted filing

2016

Revenue$35,337,933
Expenses$35,069,891
Net Income$268,042
Jump To
Filing Snapshot
Filing Period
Mar 1, 2015 to Feb 29, 2016
Signed
Jul 6, 2016
Return Version
2015v2.1
Gross Receipts
$36,878,576
Mission and Program Overview

Mission

Feeding god's starving children hungry in body and spirit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$2,653,299$3,843,415▲ $1,190,116
Cash and Non-Interest-Bearing Accounts$5,147,004$3,751,357▼ $1,395,647
Land, Buildings, and Equipment, Net$1,654,343$3,657,765▲ $2,003,422
Savings and Temporary Cash Investments$1,937,000$1,945,000▲ $8,000
Pledges and Grants Receivable$682,594$1,376,028▲ $693,434
Prepaid Expenses and Deferred Charges$311,722$339,351▲ $27,629
Accounts Receivable$2,972$536▼ $2,436
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$12,462,980$14,987,861▲ $2,524,881
Other Assets Total$74,046$74,409▲ $363
Liabilities
Accounts Payable and Accrued Expenses$2,941,547$3,053,655▲ $112,108
Deferred Revenue$1,329,986$1,815,075▲ $485,089
Mortgage Notes Payable Secured by Investment Property$0$1,296,355▲ $1,296,355
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$4,271,533$6,165,085▲ $1,893,552
Net Assets / Fund Balance
Unrestricted Net Assets$6,609,422$7,975,312▲ $1,365,890
Temporarily Rstr Net Assets$1,582,025$847,464▼ $734,561
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$8,191,447$8,822,776▲ $631,329
Total Liabilities and Net Assets / Fund Balance$12,462,980$14,987,861▲ $2,524,881

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,451,501$839,264$2,290,765
Equipment$484,315$1,260,990$1,745,305
Buildings$1,382,501$5,785$1,388,286
Land$214,200-$214,200
Other Land Buildings$125,248$0$125,248
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Mark CreaCEOFT$198,644$15,539$214,183
Andy CarrVP of Development & MarketingFT$160,770$10,941$171,711
Matthew MuraskiVP of International ProgramsFT$152,174$10,924$163,098
Patricia SwankeVP of OperationsFT$129,193$3,812$133,005
Jeanine PicardiSr. Director of AdministrationFT$120,824$9,524$130,348
Dan Stennes-rognessSr. Director of Fin & AccountFT$122,962$4,429$127,391

Board Members and Trustees

NameTitle
Leif SyversonChair
Pastor Will HealyVice Chair
David StarkBoard Member
Dean NadasdyBoard Member
Drew BanduskyBoard Member
Gary TygessonBoard Member
Jackie WyattBoard Member
Jodi BoldenowBoard Member
Kathryn NashBoard Member
Kieran KelliherBoard Member
Lisa MoeBoard Member
Philip LindauBoard Member
Rick RiesgrafBoard Member
Rollie RenstromBoard Member
Steve CarterBoard Member
Julie a KimbleExecutive Committee
Charlie WesserSecretary
Tom BradyTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Hrw Builders LLCConstruction7141 EAST 6TH AVENUE, Scottsdale, AZ 85251$485,712
ImpactMarketing4600 LYNDALE AVE N, Minneapolis, MN 55412-1408$132,347
Revenue and Support

Revenue Composition

Contributions and Grants
$34,342,732
Program Service Revenue
$0
Investment Income
$6,148
Other Revenue
$989,053
All Other Contributions
$33,103,586
Change in Net Assets
$268,042

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded53$253,759Fair Market Value
Other Non Cash Contri Table16$193,946Fair Market Value
Other Non Cash Contri Table2$54,706Fair Market Value
Other Non Cash Contri Table2$20,641Fair Market Value
Total Noncash Contributions73$523,052-

Audited Revenue Reconciliation

Revenue per Audited Statements
$35,337,865
Revenue Not Reported on Financial Statements
$68
Revenue Not Reported on Form 990
$22,428,884
Other Revenue Adjustments
$68
Total Revenue per Audited Statements
$57,766,749
Total Revenue per Form 990
$35,337,933
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$19,388,750
Salaries, Compensation, and Employee Benefits$8,776,142
Other Expenses$6,904,999
Total Fundraising Expense$2,486,740
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$19,383,558--$19,383,558
Other Salaries and Wages$4,058,971$1,460,168$1,045,575$6,564,714
Office Expenses$814,233$83,486$439,225$1,336,944
Occupancy$1,267,718$28,012$20,372$1,316,102
Travel$1,085,150$41,074$130,826$1,257,050
Current Officers, Directors, Trustees, and Key Employees$550,295$197,962$141,754$890,011
Other Employee Benefits$456,775$146,182$136,953$739,910
Payroll Taxes$370,438$124,199$86,870$581,507
Fees for Services Other$338,237$174,650$36,228$549,115
Depreciation Depletion$306,740$21,991$8,952$337,683
Advertising$157,407$6,331$102,695$266,433
Insurance$162,481$57,654$41,930$262,065
Information Technology$78,074$17,994$72,049$168,117
All Other Expenses$95,313$24,229$10,228$129,770
Other Expenses$32,382$8,492$12,180$53,054
Interest-$7,092-$7,092
Grants to Domestic Orgs$5,192--$5,192
Total Functional Expenses$30,181,145$2,402,006$2,486,740$35,069,891

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$57,135,420
Total Expenses per Form 990$35,069,891
Expenses per Audited Statements$35,069,823
Expenses Not Reported on Form 990$22,065,597
Expenses Not Reported on Financial Statements$68
Other Expense Adjustments$68
International Activity

International Summary

Spending
$19,383,558

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanProgram ServicesMeal Aid--$12,362,752
East Asia and the PacificProgram ServicesMeal Aid--$3,749,746
Sub-Saharan AfricaProgram ServicesMeal Aid--$1,806,925
Russia and the Newly Independent StatesProgram ServicesMeal Aid--$415,875
North AmericaProgram ServicesMeal Aid--$335,719
South AmericaProgram ServicesMeal Aid--$296,924
South AsiaProgram ServicesMeal Aid--$147,187
Middle East and North AfricaProgram ServicesMeal Aid--$118,315
Central America and the CaribbeanProgram ServicesFreight--$58,732
Sub-Saharan AfricaProgram ServicesFreight--$46,097
East Asia and the PacificProgram ServicesFreight--$21,249
Central America and the CaribbeanProgram ServicesFunds--$14,500
Sub-Saharan AfricaProgram ServicesFunds--$7,406
South AsiaProgram ServicesFreight--$2,131
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$315,045
Fundraising Gross Income$286,029
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Mn Gala$969,657$170,199$39,340$130,859
Il Gala$555,518$115,830$25,187$90,643
Total Events$1,525,175$286,029$315,045$-29,016
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Section B, Line 11A

PROCESS THE ORGANIZATION USES TO REVIEW FORM 990: A copy of Form 990 is internally reviewed by the CEO and the VP of Finance. It is then reviewed and approved by the Finance Committee and Executive Committee of the Board of Directors (to whom the Board has delegated this authority). The approved 990 is sent to the Board of Directors to read and ask any questions they might have prior to filing the return with the IRS. After all questions are answered, the 990 is finalized. A final, signed copy of the 990 is provided to the Board of Directors upon filing.

Part VI, Section B, Line 12C

Conflict of interest policy/enforcement: in connection with any actual or possible conflicts of interest, an interested person (as defined in the policy) must disclose the existence of his or her financial interest and be given the opportunity to disclose all material facts relating to his or her financial interest to the directors or members of committees with board-delegated powers considering the proposed transaction or arrangement.

Part VI, Section B, Line 15 A & B

PROCESS FOR DETERMINING COMPENSATION: Annually, the Sr. Compensation and Benefits Analyst reviews the compensation for the Executive Staff. Using information gathered from external sources, the Analyst determines what the market standard is in the 50% bracket of comparable positions. This information is given to the CEO. The employee is given a performance appraisal, completed by the CEO. Current level of pay, individual performance and market standards are weighed and a merit recommendation is awarded by the CEO. Compensation for Executive staff is given to the Executive Committee of the board for review. The Executive Committee of the Board reviews the analysis provided by the Sr. Compensation and Benefits Analyst for the CEO. New compensation amount for the CEO is recommended by the Executive Committee to the entire board and approved, disapproved, or new amount recommended.

Part VI, Section C, Line 19

How governing documents, coi policy, and financial statements are provided to the public: copies of all information are available upon request. Financial statements are made available through guidestar and charity review council, as well as on the organization's website.

Filing and Contact Details

Filer

Filer Name
Feed My Starving Children Inc
EIN
41-1601449
In Care Of
% DAN STENNES-ROGNESS
Phone
7635042919
Address
401 93RD AVE NW, COON RAPIDS, MN 55433

Signing Officer

Name
Mark Crea
Title
Executive Director
Phone
6123325500
Signed
2016-07-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Crea
Formed
1986
Legal Domicile
Mn
Voting Board Members
18
Independent Board Members
18
Employees
317
Volunteers
1,051,500

Preparer

Firm
SCHECHTER DOKKEN KANTER CPA'S
Address
100 WASHINGTON AVE SO 1600, MINNEAPOLIS, MN 55401-2192
Preparer
Wendy Harden CPA
Phone
6123325500
Supplemental Narrative

Additional Explanations

Part III, Line 1

Organization's mission: feeding god's starving children hungry in body and spirit. With god's help feed my starving children will strive to eliminate starvation in children throughout the world by helping to instill compassion in people to hear and respond to the cries of those in need.

Part III, Line 4A

Program services: feed my starving children is a christian non-profit organization committed to feeding god's starving children hungry in body and spirit. Due to the current state of malnutrition worldwide, one out of four children is "stunted"-they do not receive enough essential nutrients to grow healthy, and as a result, brain development comes to a halt. We believe that all progress starts with nutrition-it allows children to develop to their full potential. Volunteers of all ages join us and turn hunger into hope with their own two hands by hand-packing three special meal formulas scientifically designed to meet the needs of severely malnourished children, reverse the effects of malnutrition and prevent it in the future. The meals are then shipped to an exceptional network of missions and humanitarian organizations located in nearly 70 countries around the world, and are used by schools, orphanages, clinics and feeding programs. We currently operate out of seven permanent sites: coon rapids, eagan and chanhassen, minnesota; aurora, libertyville and schaumburg, illinois; and mesa, arizona. We also offer the option to host a mobilepack, which gives churches, schools, businesses and other organizations (located anywhere in the continental united states) the chance to sponsor a packing event with fmsc and help raise awareness in their own communities. The impact fmsc has through its volunteers is dynamic-the latest fiscal year ended february 2016, with 1,052,000 volunteers packing 272.9 million meals-our largest year yet! The goal of fmsc is to meet the needs of those who are starving now, so they can meet their own needs in the future. We have received a four-star rating from charity navigator for eleven consecutive years, and 99.7% of our meals have successfully reached their intended recipients.

Part III Line 4B

MARTKETPLACE: THE ORGANIZATION ALSO SUPPORTS ECONOMIES WHERE IT DISTRIBUTES MEALS BY PURCHASING HANDMADE CRAFTS AND RESELLING THEM IN ITS MARKETPLACE, AVAILABLE AT ALL PACKING SITES, ONLINE, AND MOST MOBILE PACKING EVENTS. The goals of Marketplace are two-fold, first to promote self-sufficiency in the communities FMSC serves, which will in turn contribute to the goal of combating hunger, and second, to educate the Organization's volunteers about the people they are helping feed and provide a tangible connection to those individuals.

Financial Statement Notes

Part X, Line 2

Management evaluated the organization's tax positions and concluded there were no uncertain tax positions (including unrelated business income) that require adjustment to the financial statements. The tax years for fiscal 2012 and forward are open to possible adjustment by the internal revenue service and certian state revenue departments.

Part XI, Line 2D

Cost of sales - market place 971,839 special events 185,422 ========== total 1,157,261

Part XII, Line 2D

Cost of sales - market place 971,839 special events 185,422 ========== total 1,157,261

Part XI, Line 4B

Gain on sale of securties 68 =======

Part XII, Line 4B

Gain on sale of securties 68 =======

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$41.0$16.4$24.6$70.5$65.7$4.75
2024Detailed filing. Detailed filing data is available for this year.$29.1$9.34$19.7$66.1$74.1$8.02
2023Detailed filing. Detailed filing data is available for this year.$38.5$10.3$28.2$63.2$70.0$6.80
2022Detailed filing. Detailed filing data is available for this year.$39.9$5.42$34.5$62.6$56.1$6.55
2021Detailed filing. Detailed filing data is available for this year.$36.2$8.55$27.6$50.5$38.6$11.9
2020Detailed filing. Detailed filing data is available for this year.$21.4$4.96$16.4$49.5$48.4$1.16
2019Detailed filing. Detailed filing data is available for this year.$21.1$8.19$13.0$44.9$47.1$2.26
2018Detailed filing. Detailed filing data is available for this year.$21.3$6.44$14.8$42.0$39.8$2.16
2017Detailed filing. Detailed filing data is available for this year.$18.0$6.45$11.5$38.5$35.6$2.94
2016Detailed filing. Detailed filing data is available for this year.$15.0$6.17$8.82$35.3$35.1$0.27
2015Detailed filing. Detailed filing data is available for this year.$12.5$4.27$8.19$31.5$31.1$0.36
2014Detailed filing. Detailed filing data is available for this year.$10.4$3.16$7.28$27.4$25.7$1.66
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.04$2.73$5.30$22.5$22.0$0.49
2012Summary only. Only limited summary data is available for this year.$6.63$1.86$4.76$19.2$18.0$1.19
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.12$1.25$4.87$12.0