Up 1.1% from $32,870,148 in fiscal 2024.
Coastal Bend Food Bank
Corpus Christi, Texas - EIN 74-2234089 - Latest filing: fiscal 2025 (Sep 1, 2024 - Aug 31, 2025)
How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 4, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 4, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
Coastal Bend Food Bank reported $33,222,976 in revenue and $35,270,056 in expenses in fiscal 2025, a deficit of $2,047,080 for the year. Program services took $34,189,089 of expenses, or 96.9%. The organization closed the year with $33,783,905 in net assets - about 11.5 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
Revenue minus expenses: -$2,047,080 in fiscal 2025.
$34,189,089 of $35,270,056 went to program services.
Total assets $61,733,781 minus total liabilities $27,949,876.
Beatriz Hanson, Executive Direc, as reported on the fiscal-2025 Form 990, filed May 4, 2026. Total across all compensation columns.
Plus 14,728 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed May 4, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.01 - $203,298 in fundraising expenses divided by $31,877,249 in total contributions. On cash contributions only: $0.03.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $31,877,249 |
| Of Which Cash Contributions | $5,830,151 |
| Of Which Donated Goods (Noncash) | $26,047,098 |
| Government Grants | $9,560,539 |
| All Other Contributions | $22,316,710 |
| Program Service Revenue | $542,451 |
| Investment Income | $526,861 |
| Other Revenue | $276,415 |
| Total Revenue (All Sources) | $33,222,976 |
Donated Goods Are a Large Share Here
For this organization, donated goods were $26,047,098 of $31,877,249 in contributions in fiscal 2025 - a large share of reported contributions is goods valued in dollars, not cash. The cash and noncash split is shown above, and any cost-to-raise-a-dollar figure is shown both ways.
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
of reserves - $33,783,905 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $2,939,171 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $61,733,781 |
| Total Liabilities | $27,949,876 |
| Liabilities as Share of Assets | 45.3% |
| Net Assets | $33,783,905 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed May 4, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| Beatriz Hanson - Executive Direc | $140,773 | 0.40% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed May 4, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
18 voting members, 18 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Beatriz Hanson | Executive Direc |
| Michelle Braselton | Board Member |
| Sandra Burns | Board Member |
| Robert Cuevas | Board Member |
| Monte English | Secretary |
| Baldemar Espinoza | Board Member |
| Teresa Flores | Board Member |
| Diane Gonzalez | Board Member |
| Mike Lakhpaty | Board Member |
| Matthew Manning | President |
| Patrick McVay | Treasurer |
| Samuel Morris | Board Member |
| Robin Perrone | Board Member |
| Ramon Pineda | Board Member |
| Paul Shannon | Board Member |
| Kyle Shannon | Board Member |
| Marisa Telge-Masur | President-Elect |
| Laura Trevino | Board Member |
| David Weatherston | Board Member |
Governance Policy Flags - Fiscal 2025
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $0 in grants paid and filed no Schedule I for fiscal 2025. The page states that directly instead of leaving a blank grants section. Grantmaking organizations show a full recipient list in this section - recipient name, amount and stated purpose, as reported.
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $32,870,148 | - |
| Fiscal 2025 | $33,222,976 | +1.1% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Sep 1, 2024 - Aug 31, 2025 | Form 990 | In Force - Filed May 4, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.