Is Granite County Food Bank Inc Dba Granite County Food Bank Legit?

Granite County Food Bank Inc Dba Granite County Food Bank appears to be a small, community-focused organization with consistent revenue and expenses over the past several years, averaging around $80,000-$90,000 annually. The organization consistently reports $0 in liabilities, indicating a healthy balance sheet and responsible financial management. While the latest filing shows $0 in revenue and assets, this is likely an anomaly or an indication of a very recent change in reporting status, as prior years show active operations. The organization's assets have grown steadily from $5,808 in 2011 to $32,454 in 2016, demonstrating a modest but positive trend in financial stability. The organization's spending efficiency is commendable, with no reported officer compensation across all available filings, suggesting that leadership is likely volunteer-based or compensated through other means not captured as officer compensation. This contributes to a higher proportion of funds potentially going directly to programs. Without a detailed breakdown of program, administrative, and fundraising expenses, it's difficult to precisely assess spending efficiency, but the absence of officer compensation is a strong positive indicator. The consistent reporting of $0 liabilities further reinforces sound financial practices. Transparency is generally good, with consistent IRS 990 filings available. However, the lack of detailed expense breakdowns (e.g., specific program vs. administrative costs) in the provided data limits a deeper analysis of spending efficiency. The most recent filing showing $0 revenue and assets is a significant data point that warrants further investigation to understand the current operational status of the organization.