Arizona Food Bank Network
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,496,364 | 3,366,023 | 1,130,341 | 13.1 | 19% |
| 2021 | 10,515,481 | 8,629,259 | 1,886,222 | 8.1 | 9% |
| 2022 | 12,101,730 | 11,363,577 | 738,153 | 6.7 | 9% |
| 2023 | 68,647,797 | 68,236,825 | 410,972 | 1.2 | 3% |
| 2024 | 78,092,603 | 78,717,852 | −625,249 | 1.0 | 3% |
In its most recent public year (2024), this organization spent $625,249 more than it brought in. Its reserves stood at about 1 months of spending, down from 13.1 in 2020. Staff pay was 3% of spending. $621,526 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2024. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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