Food, Agriculture & Nutrition
(K31)
IRS Verified
DX Registered
990 on File
TOLEDO SEAGATE FOOD BANK INC
Financial strength (30%)
68/100
Reliability (20%)
55/100
Effectiveness (25%)
90/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Mission Statement We aspire to eliminate hunger, and commit our energies to this, as a non-profit organization, we serve in a regional capacity, through partnerships with others, to identify and direct available resources, providing access to adequate food for all. We will accomplish this by: • Working in a regional capacity for the solicitation, collection and distribution of food. • Coordinating agencies in northwest Ohio to fight the problem of hunger through a distribution network. • Networking with outreach service providers to assist with client needs.
Financial Overview — FY 2025
$10.4M
Total Revenue
$10.1M
Total Expenses
$7.1M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
98.8%
Fundraising Efficiency
N/A
Operating Reserve
8.46x
Liability-to-Asset
6.9%
Revenue Diversification
99.1%
Executive Compensation
$98K
Compared with Peers
FY 2025
Compared with 129 similar organizations
(United States, Food, Agriculture & Nutrition, $10M–$100M in expenses), FY 2025.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
98.8% | 94.3% |
P10P90
|
Top quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
0.4% | 3.2% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.8% | 2.5% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
8.5 mo | 7.1 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
6.9% | 8.3% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.1% | 95.8% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-3.5% | 7.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-8.3% | 5.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
2.4% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $10.4M | $10.1M | $7.1M | 98.8% | 0 |
| 2024 | $10.7M | $11.0M | $6.4M | 98.7% | 16 |
| 2023 | $10.2M | $10.2M | $6.4M | 98.8% | 19 |
| 2022 | $10.6M | $10.0M | $6.5M | 98.8% | 17 |
| 2021 | $11.0M | $10.3M | N/A | — | 17 |
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