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

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.

THE FILING IN ONE PARAGRAPH

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.

TOTAL REVENUE - FISCAL 2025
$33,222,976

Up 1.1% from $32,870,148 in fiscal 2024.

TOTAL EXPENSES - FISCAL 2025
$35,270,056

Revenue minus expenses: -$2,047,080 in fiscal 2025.

PROGRAM EXPENSE SHARE - FISCAL 2025
96.9%

$34,189,089 of $35,270,056 went to program services.

NET ASSETS - END OF FISCAL 2025
$33,783,905

Total assets $61,733,781 minus total liabilities $27,949,876.

TOP EXECUTIVE PAY - FISCAL 2025
$140,773

Beatriz Hanson, Executive Direc, as reported on the fiscal-2025 Form 990, filed May 4, 2026. Total across all compensation columns.

PEOPLE REPORTED - FISCAL 2025
71 Employees

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

Program Services$34,189,089 (96.9%)
Fundraising$203,298 (0.6%)
Management and General$877,669 (2.5%)

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

SourceFiscal 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

11.5 Months

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 Assets45.3%
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 ReportedTotal Pay - Fiscal 2025Share of Expenses
Beatriz Hanson - Executive Direc$140,7730.40%

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 ReportedRole, as Reported
Beatriz HansonExecutive Direc
Michelle BraseltonBoard Member
Sandra BurnsBoard Member
Robert CuevasBoard Member
Monte EnglishSecretary
Baldemar EspinozaBoard Member
Teresa FloresBoard Member
Diane GonzalezBoard Member
Mike LakhpatyBoard Member
Matthew ManningPresident
Patrick McVayTreasurer
Samuel MorrisBoard Member
Robin PerroneBoard Member
Ramon PinedaBoard Member
Paul ShannonBoard Member
Kyle ShannonBoard Member
Marisa Telge-MasurPresident-Elect
Laura TrevinoBoard Member
David WeatherstonBoard Member

Governance Policy Flags - Fiscal 2025

Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence18 voting / 18 independent

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.

FY24 FY25
Revenue, fiscal 2024 to fiscal 2025 - the two years held on this record.
Fiscal YearRevenueChange
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 PeriodFormStatusSource
Sep 1, 2024 - Aug 31, 2025Form 990In Force - Filed May 4, 2026Original 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.

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