Food Bank Of Delaware Inc

Newark, Delaware - EIN 51-0258984 - Latest filing: fiscal 2025 (Jul 1, 2024 - Jun 30, 2025)

HOW TO READ THIS PAGE

How to read this page: every figure below is from the fiscal-2025 Form 990, filed May 15, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed May 15, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.

THE FILING IN ONE PARAGRAPH

Food Bank Of Delaware Inc reported $45,436,074 in revenue and $49,535,802 in expenses in fiscal 2025, a deficit of $4,099,728 for the year. Program services took $47,234,547 of expenses, or 95.3%. The organization closed the year with $54,776,153 in net assets - about 13.3 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
$45,436,074

Down 14.9% from $53,407,984 in fiscal 2024.

TOTAL EXPENSES - FISCAL 2025
$49,535,802

Revenue minus expenses: -$4,099,728 in fiscal 2025.

PROGRAM EXPENSE SHARE - FISCAL 2025
95.3%

$47,234,547 of $49,535,802 went to program services.

NET ASSETS - END OF FISCAL 2025
$54,776,153

Total assets $56,467,714 minus total liabilities $1,691,561.

TOP EXECUTIVE PAY - FISCAL 2025
$239,479

Cathy Kanefsky, President An, as reported on the fiscal-2025 Form 990, filed May 15, 2026. Total across all compensation columns.

PEOPLE REPORTED - FISCAL 2025
154 Employees

Plus 10,740 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 15, 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$47,234,547 (95.4%)
Fundraising$1,262,201 (2.5%)
Management and General$1,039,054 (2.1%)

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: $0.03 - $1,262,201 in fundraising expenses divided by $44,615,401 in total contributions. On cash contributions only: $0.08.

Where the Money Came From - Fiscal 2025

SourceFiscal 2025
Total Contributions$44,615,401
Of Which Cash Contributions$15,434,013
Of Which Donated Goods (Noncash)$29,181,388
Government Grants$2,853,168
All Other Contributions$41,762,233
Program Service Revenue$613,806
Investment Income$21,991
Other Revenue$184,876
Total Revenue (All Sources)$45,436,074

Donated Goods Are a Large Share Here

For this organization, donated goods were $29,181,388 of $44,615,401 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

13.3 Months

of reserves - $54,776,153 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $4,127,983 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$56,467,714
Total Liabilities$1,691,561
Liabilities as Share of Assets3.0%
Net Assets$54,776,153

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 15, 2026.

Name and Title, as ReportedTotal Pay - Fiscal 2025Share of Expenses
Cathy Kanefsky - President An$239,4790.48%
Trevor Turner - C.O.O.$177,1730.36%
Anna McDermott - Chief Imp. O$153,6670.31%
David E Saul - C.F.O.$144,6710.29%
Lawrence Haas - Chief Dev. O$139,1740.28%
Florence Hudson - Vice Preside$133,7190.27%
Chad T Robinson - VP Of Ext. A$126,6140.26%
Kimberly A Turner - VP Of Commun$120,3080.24%

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 15, 2026.

Board Roster - as Reported on the Fiscal-2025 Form 990

23 voting members, 23 independent - independence count as reported on the fiscal-2025 Form 990.

Name, as ReportedRole, as Reported
Cathy KanefskyPresident An
Trevor TurnerC.O.O.
Anna McDermottChief Imp. O
David E SaulC.F.O.
Lawrence HaasChief Dev. O
Florence HudsonVice Preside
Chad T RobinsonVP Of Ext. A
Kimberly A TurnerVP Of Commun
Stephen ThompsonBoard Chair
Andrew LevinTreasurer
Catherine SandlerSecretary
Nicole DimondiWorkforce Ch
Tucker NortonOperations C
Bill SeeComm, & Awr.
Sarah DiluzioDevelopment
Dr John FinkFood As Med.
Gregg SchmidtMember
Rick DeadwylerMember
Nikko BradyMember
Maurice CatlettMember
Nancy DaltonMember
Bernice EdwardsMember
Mark FeinourMember
Jason Jowers ESQMember
Leslie KosekMember
Scott LammersMember
Ruth MayerMember
Henri MooreMember
Corie PriestMember
Dj SilicatoMember

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 Independence23 voting / 23 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)$53,407,984-
Fiscal 2025$45,436,074-14.9%

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
Jul 1, 2024 - Jun 30, 2025Form 990In Force - Filed May 15, 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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