Nonprofit Receives Four Star Rating

| October 6, 2012
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The nonprofit organization Second Harvest Community Food Bank has recently earned a prestigious designation. Click to hear KMZU’s Kristie Cross talk to Second Harvest Community Food Bank CEO David Davenport:

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According to the executive, the rating came from the nation’s largest independent charity evaluator. “I think one of the things that caught their eye was the fact that somewhere between 96 and 97 percent of all the resources donated to our organization go right into our programs,” said Davenport,” Those programs have grown dramatically over the last couple of years. As a matter of fact, Charity Navigator has a top ten list of expanding organizations and we are number three on that.”

Davenport said he hopes that this designation will further instill confidence in supporters. “They look for things such as transparency,. accountability, good accounting systems, and efficiency in programs,” said Davenport,” They take a look at a lot of different factors. We’re excited for us as an organization, but we hope our donors are excited, too. We also hope potential donors look at Second Harvest and see that we are an outstanding steward of donated resources.”

Press Release:

Second Harvest Community Food Bank’s sound fiscal management practices and commitment to accountability and transparency have earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. Receiving four out of a possible four stars indicates that Second Harvest adheres to good governance and other best practices that minimize the chance of unethical activities and consistently executes its mission in a fiscally responsible way. Approximately a quarter of the charities evaluated by Charity Navigator have received this rating. This means Second Harvest outperforms most other charities in America.

This “exceptional” designation from Charity Navigator differentiates Second Harvest from its peers and demonstrates to the public it is worthy of their trust. Forbes, Business Week, and Kiplinger’s Financial Magazine, among others, have profiled and celebrated Charity Navigator’s unique method of applying data-driven analysis to the charitable sector.

“The complex nature of food access and hunger has Second Harvest pressing forward with new and unique initiatives that will bring the focus of the national hunger-relief community to our region,” David Davenport, Second Harvest, CEO said. “Despite these innovations, the one thing we will not change is our commitment to being good stewards of the resources entrusted to us. This rating is recognition of the incredible effort and dedication by our board, staff, and volunteers. We’re grateful to our donors who join us in supporting families, children and seniors in need.”

Second Harvest is the only nonprofit in Northwest Missouri and Northeast Kansas to have a 4-star Charity Navigator rating. Furthermore, Second Harvest is the only 4-star rated nonprofit in Missouri not located in St. Louis, Kansas City or Columbia.

Additionally, Second Harvest was ranked third as Charity Navigator’s “Top 10 Charities Expanding in a Hurry.” According to Charity Navigator, these 10 nonprofits are growing dramatically. Over the past three years, these charities have grown their primary sources of revenue by more than 35 percent each year. Over that same period, they have expanded their programs and services by more than 35 percent each year. In addition, these organizations also have enough money in the bank to sustain a similar rate of growth for years to come.

Charity Navigator’s favorable review of Second Harvest’s fiscal health and commitment to accountability and transparency is now listed on Enter Second Harvest Community Food Bank into the Charity Search box.

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