FOOD FOR OUR JOURNEY
Mission Statement
FFOJ is a 501c3 existing to deliver meals to the hungry, putting God’s love into action. We use a “food truck” to carry food, water, hygiene, etc. to different sites in Bham where those experiencing homelessness/food insecurity live eliminating their need for transportation. We aim to reduce food waste by partnering with restaurants, hotels/catering companies, churches, businesses and individuals to distribute donated/prepared food, some of which would be discarded. We serve every day, building relationships with our friends where they feel safe to share their needs. From needing medicine, clothing, hygiene to obtaining IDs, employment and housing, we network with our sister agencies, ensuring these needs can be met, helping them toward their ultimate goal of ending their homelessness.
Financial Overview — FY 2024
Compared with Peers
FY 2024| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
96.3% | 89.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
3.7% | 7.6% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.6 mo | 10.8 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.9% | 0.6% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 96.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
10.4% | 10.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1.7% | 10.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-6.0% | 4.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $682K | $722K | $218K | 96.3% | 6 |
| 2023 | $617K | $710K | $252K | 90.1% | 3 |
| 2022 | $720K | $670K | $345K | 90.5% | 3 |
| 2021 | $1.6M | $720K | N/A | — | 1 |
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