Charity Report

  • Issued: February 2021
  • Expires: February 2022

Feeding South Dakota

Accredited Charity

Meets Standards

605-335-0364

4701 N Westport Ave
Sioux Falls, SD 57107

http://www.feedingsouthdakota.org

605-335-0364

4701 N Westport Ave
Sioux Falls, SD 57107

http://www.feedingsouthdakota.org

Accredited Charity

Meets Standards

Standards For Charity Accountability

Governance

  1. Board Oversight

    Oversight of Operations and Staff: Standard 1

    Description
    Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fundraising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.

    The organization meets this standard.

  2. Board Size

    Number of Board Members: Standard 2

    Description
    Soliciting organizations shall have a board of directors with a minimum of five voting members.

    The organization meets this standard.

  3. Board Meetings

    Frequency and Attendance of Board Meetings: Standard 3

    Description
    An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.

    The organization meets this standard.

  4. Board Compensation

    Compensated Board Members: Standard 4

    Description
    Not more than one or 10% (whichever is greater) directly or indirectly compensated person(s) serving as voting member(s) of the board. Compensated members shall not serve as the board's chair or treasurer.

    The organization meets this standard.

  5. Conflict of Interest

    Conflict of Interest: Standard 5

    Description
    No transaction(s) in which any board or staff members have material conflicting interests with the charity resulting from any relationship or business affiliation. Factors that will be considered when concluding whether or not a related party transaction constitutes a conflict of interest and if such a conflict is material, include, but are not limited to: any arm's length procedures established by the charity; the size of the transaction relative to like expenses of the charity; whether the interested party participated in the board vote on the transaction; if competitive bids were sought and whether the transaction is one-time, recurring or ongoing.

    The organization meets this standard.

Measuring Effectiveness

  1. Effectiveness Policy

    Board Policy on Effectiveness: Standard 6

    Description
    Have a board policy of assessing, no less than every two years, the organization's performance and effectiveness and of determining future actions required to achieve its mission.

    The organization meets this standard.

  2. Effectiveness Report

    Board Approval of Written Report on Effectiveness: Standard 7

    Description
    Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.

    The organization meets this standard.

Finances

  1. Program Expenses

    Program Service Expense Ratio: Standard 8

    Description
    Spend at least 65% of its total expenses on program activities.

    The organization meets this standard.

  2. Fundraising Expenses

    Fundraising Expense Ratio: Standard 9

    Description
    Spending should be no more than 35% of related contributions on fundraising. Related contributions include donations, legacies, and other gifts received as a result of fundraising efforts.

    The organization meets this standard.

  3. Accumulating Funds

    Ending Net Assets: Standard 10

    Description
    Avoid accumulating funds that could be used for current program activities. To meet this standard, the charity's unrestricted net assets available for use should not be more than three times the size of the past year's expenses or three times the size of the current year's budget, whichever is higher.

    The organization meets this standard.

  4. Audit Report

    Financial Statements: Standard 11

    Description
    Make available to all, on request, complete annual financial statements prepared in accordance with generally accepted accounting principles. When total annual gross income exceeds $1 million, these statements should be audited in accordance with generally accepted auditing standards. For charities whose annual gross income is less than $1 million, a review by a certified public accountant is sufficient to meet this standard. For charities whose annual gross income is less than $250,000, an internally produced, complete financial statement is sufficient to meet this standard.

    The organization meets this standard.

  5. Detailed Expense Breakdown

    Detailed Functional Breakdown of Expenses: Standard 12

    Description
    Include in the financial statements a breakdown of expenses (e.g., salaries, travel, postage, etc.) that shows what portion of these expenses was allocated to program, fundraising, and administrative activities. If the charity has more than one major program category, the schedule should provide a breakdown for each category.

    The organization meets this standard.

  6. Accurate Expense Reporting

    Accuracy of Expenses in Financial Statements: Standard 13

    Description
    Accurately report the charity's expenses, including any joint cost allocations, in its financial statements. For example, audited or unaudited statements which inaccurately claim zero fundraising expenses or otherwise understate the amount a charity spends on fundraising, and/or overstate the amount it spends on programs will not meet this standard.

    The organization meets this standard.

  7. Budget Plan

    Budget: Standard 14

    Description
    Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fundraising, and administration.

    The organization meets this standard.

Fundraising & Info

  1. Truthful Materials

    Misleading Appeals: Standard 15

    Description
    Have solicitations and informational materials, distributed by any means, that are accurate, truthful and not misleading, both in whole and in part. Appeals that omit a clear description of program(s) for which contributions are sought will not meet this standard. A charity should also be able to substantiate that the timing and nature of its expenditures are in accordance with what is stated, expressed, or implied in the charity's solicitations.

    The organization meets this standard.

  2. Annual Report

    Annual Report: Standard 16

    Description
    Have an annual report available to all, on request, that includes: (a) the organization's mission statement, (b) a summary of the past year's program service accomplishments, (c) a roster of the officers and members of the board of directors, (d) financial information that includes (i) total income in the past fiscal year, (ii) expenses in the same program, fundraising and administrative categories as in the financial statements, and (iii) ending net assets.

    The organization meets this standard.

  3. Website Disclosures

    Web Site Disclosures: Standard 17

    Description
    Include on any charity websites that solicit contributions, the same information that is recommended for annual reports, as well as the mailing address of the charity and electronic access to its most recent IRS Form 990.

    The organization meets this standard.

  4. Donor Privacy

    Privacy for Written Appeals & Internet Privacy: Standard 18

    Description
    Address privacy concerns of donors by (a) providing in written appeals, at least annually, a means (e.g., such as a check off box) for both new and continuing donors to inform the charity if they do not want their name and address shared outside the organization, (b) providing a clear, prominent and easily accessible privacy policy on any of its websites that tells visitors (i) what information, if any, is being collected about them by the charity and how this information will be used, (ii) how to contact the charity to review personal information collected and request corrections, (iii) how to inform the charity (e.g., a check off box) that the visitor does not wish his/her personal information to be shared outside the organization, and (iv) what security measures the charity has in place to protect personal information.

    The organization meets this standard.

  5. Cause Marketing Disclosures

    Cause Related Marketing: Standard 19

    Description
    Clearly disclose how the charity benefits from the sale of products or services (i.e., cause-related marketing) that state or imply that a charity will benefit from a consumer sale or transaction. Such promotions should disclose, at the point of solicitation: (a) the actual or anticipated portion of the purchase price that will benefit the charity (e.g., 5 cents will be contributed to abc charity for every xyz company product sold), (b) the duration of the campaign (e.g., the month of October), (c) any maximum or guaranteed minimum contribution amount (e.g., up to a maximum of $200,000).

    The organization meets this standard.

  6. Complaints

    Complaints: Standard 20

    Description
    Respond promptly to and act on complaints brought to its attention by the BBB Wise Giving Alliance and/or local Better Business Bureaus about fundraising practices, privacy policy violations and/or other issues.

    The organization meets this standard.

Conclusion

Feeding South Dakota meets the 20 Standards for Charity Accountability.

Purpose

  • Year, State Incorporated

    1981, SD

  • Stated Purpose

    The mission of Feeding South Dakota is to eliminate hunger in South Dakota.


Programs

Feeding South Dakota provides hunger-relief assistance to individuals and families in every county through the work of four programs in our distribution centers located in Sioux Falls, Pierre, and Rapid City. Food Bank:The Food Bank Program is the largest organizational program, distributing millions of pounds of surplus and salvage food to nearly 350 non-profit agency partners. With the help of these agency partners, Feeding South Dakota was able to feed thousands of hungry individuals and families in all 66 counties in South Dakota. Mobile Food Pantry:Our Mobile Food Pantry Program distributes food to individuals and families living in high-need neighborhoods and communities with limited access to nutritious food resources, supplementing the work of our agency partner food pantries, shelters, and on-site feeding programs. With the help of numerous community partners and volunteers, this program provided 5.1 million pounds of food resulting in over 4.2 million meals to those in need in FY20. We currently serve more than 100 communities, with at least one location in nearly every county across the state.USDA Commodity Programs:Feeding South Dakota administers two USDA commodity programs for the State of South Dakota. Those programs include: The Emergency Food Assistance Program (TEFAP) and the Commodity Supplemental Food Program (CSFP). TEFAP provides nutritious food, both perishable and non-perishable, to emergency feeding programs, such as homeless shelters, food pantries and mobile food pantry distributions. CSFP, most commonly known as the "Senior Box Program", provides a monthly box of nutritious and shelf-stable food to income-qualifying adults aged 60 in South Dakota. The Child Hunger Program:Feeding South Dakota facilitates two child hunger programs in South Dakota, the BackPack Program and the School Food Pantry Program. The BackPack Program provides at-risk children with nutritious, easy-to-prepare food during weekends and holidays when school is not in session. Through this program, almost 4,800 children were served in Rapid City, Sioux Falls, and their surrounding communities each week during the school year. This program was designed to fill the hunger gap that exists between Friday and Monday when school is not in session and children lack access to the free and reduced meals at school. During FY20, our School Food Pantry Program distributed over 255,000 pounds of food in Sioux falls and the Rapid City area.

For the year ended June 30, 2020, Feeding South Dakota program expenses were:

Mobile Food Pantry $5,824,933
School Food Pantry $330,357
BackPack Program $626,459
Commodity Food Programs $7,540,438
Food Pantry $5,932,889
Food Bank $10,436,046
Program Expenses $30,691,122

Governance & Staff

  • CEO

    Matt Gassen

  • Compensation*

    ¤136,331.00

  • Board Chair

    Greg Schmieding

  • Chair's Profession / Business Affiliation

    Community Volunteer

  • Board Size

    13

  • Paid Staff Size

    47

Fundraising

Donor visits, direct mail appeals, television, radio, grant proposals, social media, and cause-related marketing.

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.


Financial

The following information is based on Feeding South Dakota's Audited financial statements for the fiscal year ending June 30, 2020

Source of Funds
In-kind donations $18,821,592
Contributions $7,787,717
Commodities $7,425,885
Handling fees $1,059,197
Governmental fees and grants $586,254
United Way $356,310
Net investment income $22,948
Distributions from and change in value of beneficial interest in assets held by community foundations $15,021
Other $12,076
Total Income $36,075,383

Breakdown of Expenses

Total Income $36,075,383
Total Expenses: $31,948,180
Program Expenses $30,691,122
Fundraising Expenses $745,515
Administrative Expenses $511,543
Other Expenses $0
Income in Excess of Expenses $4,127,203
Beginning Net Assets $14,250,163
Ending Net Assets $18,377,366
Total Liabilities $674,832
Total Assets $19,052,198

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