Feed My Starving Children

The information in this column was provided to MinistryWatch by the ministry itself. It was last updated 12/14/2020. To update the information in this column, please email: info@ministrywatch.com


Summary

Feed My Starving Children (FMSC) believes hope starts with food. As a Christian nonprofit, FMSC is dedicated to seeing every child whole in body and spirit. FMSC works with food distribution partners that stay with communities for the long haul, empowering them to move from relief to development.


Contact information

Mailing address:
Feed My Starving Children
401 93rd Avenue NW
Coon Rapids, MN 55433

Website: fmsc.org

Phone: 763-504-2919

Email: info@fmsc.org


Organization details

EIN: 411601449

CEO/President: Mark Crea

Chairman: Charlie Wesser and Dean Nadasdy

Board size: 16

Founder: Richard Proudfit

Year founded: 1989

Tax deductible: Yes

Fiscal year end:

Member of ECFA: No

Member of ECFA since:


Purpose

As a Christian nonprofit organization, Feed My Starving Children is called to feed God's starving children hungry in body and spirit. You will hear us say this again and again: "We want to reach everyone, until ALL are fed." We truly mean this. This means reaching the hard-to-reach people and places, the "least of these." They will be found, and they will be fed. With God's help we will work together with organizations and ministries across the globe to end hunger.


Mission statement

Feeding God's starving children hungry in body and spirit.


Statement of faith

Transparency grade

C

To understand our transparency grade, click here.


Financial efficiency ratings

Sector: Relief and Development

CategoryRatingOverall rankSector rank
Overall efficiency rating430 of 94036 of 76
Fund acquisition rating525 of 94246 of 76
Resource allocation rating499 of 94238 of 76
Asset utilization rating327 of 94029 of 76

Financial ratios

Funding ratiosSector median20202019201820172016
Return on fundraising efforts Return on fundraising efforts =
Fundraising expense /
Total contributions
7%7%8%8%7%7%
Fundraising cost ratio Fundraising cost ratio =
Fundraising expense /
Total revenue
6%7%7%7%7%7%
Contributions reliance Contributions reliance =
Total contributions /
Total revenue
99%97%98%97%97%97%
Fundraising expense ratio Fundraising expense ratio =
Fundraising expense /
Total expenses
6%7%7%8%8%7%
Other revenue reliance Other revenue reliance =
Total other revenue /
Total revenue
1%3%2%3%3%3%
 
Operating ratiosSector median20202019201820172016
Program expense ratio Program expense ratio =
Program services /
Total expenses
85%86%86%85%86%86%
Spending ratio Spending ratio =
Total expenses /
Total revenue
97%98%105%95%92%99%
Program output ratio Program output ratio =
Program services /
Total revenue
83%84%91%81%79%85%
Savings ratio Savings ratio =
Surplus (deficit) /
Total revenue
3%2%-5%5%8%1%
Reserve accumulation rate Reserve accumulation rate =
Surplus (deficit) /
Net assets
6%7%-17%15%25%3%
General and admin ratio General and admin ratio =
Management and general expense /
Total expenses
7%7%7%7%7%7%
 
Investing ratiosSector median20202019201820172016
Total asset turnover Total asset turnover =
Total expenses /
Total assets
1.632.262.231.871.982.34
Degree of long-term investment Degree of long-term investment =
Total assets /
Total current assets
1.291.291.361.251.301.33
Current asset turnover Current asset turnover =
Total expenses /
Total current assets
2.642.933.032.352.573.12
 
Liquidity ratiosSector median20202019201820172016
Current ratio Current ratio =
Total current assets /
Total current liabilities
8.013.932.113.052.562.31
Current liabilities ratio Current liabilities ratio =
Total current liabilities /
Total current assets
0.110.250.470.330.390.43
Liquid reserve level Liquid reserve level =
(Total current assets -
Total current liabilities) /
(Total expenses / 12)
3.243.052.083.442.842.19
 
Solvency ratiosSector median20202019201820172016
Liabilities ratio Liabilities ratio =
Total liabilities /
Total assets
13%23%39%30%36%41%
Debt ratio Debt ratio =
Debt /
Total assets
0%4%4%4%6%9%
Reserve coverage ratio Reserve coverage ratio =
Net assets /
Total expenses
53%34%27%37%32%25%

Financials

Balance sheet
 
Assets20202019201820172016
Cash$11,781,774$8,396,075$10,825,494$9,147,002$5,696,357
Receivables, inventories, prepaids$4,728,095$7,136,357$6,146,538$4,668,039$5,559,330
Short-term investments$0$0$0$0$0
Other current assets$0$0$0$0$0
Total current assets$16,509,869$15,532,432$16,972,032$13,815,041$11,255,687
Long-term investments$0$0$0$0$0
Fixed assets$4,790,862$5,525,160$4,213,770$4,102,585$3,657,765
Other long-term assets$78,630$87,305$87,105$74,909$74,409
Total long-term assets$4,869,492$5,612,465$4,300,875$4,177,494$3,732,174
Total assets$21,379,361$21,144,897$21,272,907$17,992,535$14,987,861
 
Liabilities20202019201820172016
Payables and accrued expenses$4,203,977$4,372,822$2,841,756$3,034,883$3,053,655
Other current liabilities$0$2,997,366$2,723,610$2,355,971$1,815,075
Total current liabilities$4,203,977$7,370,188$5,565,366$5,390,854$4,868,730
Debt$753,702$816,648$877,281$1,056,879$1,296,355
Due to (from) affiliates$0$0$0$0$0
Other long-term liabilities$0$0$0$0$0
Total long-term liabilities$753,702$816,648$877,281$1,056,879$1,296,355
Total liabilities$4,957,679$8,186,836$6,442,647$6,447,733$6,165,085
 
Net assets20202019201820172016
Without donor restrictions$13,145,856$10,927,059$12,672,353$9,986,439$7,975,312
With donor restrictions$3,275,826$2,031,002$2,157,907$1,558,363$847,464
Net assets$16,421,682$12,958,061$14,830,260$11,544,802$8,822,776
 
Revenues and expenses
 
Revenue20202019201820172016
Total contributions$48,288,254$43,743,442$40,857,747$37,504,730$34,342,732
Program service revenue$0$0$0$0$0
Membership dues$0$0$0$0$0
Investment income$83,931$61,910$47,746$6,236$6,148
Other revenue$1,173,325$1,052,700$1,079,515$997,971$989,053
Total other revenue$1,257,256$1,114,610$1,127,261$1,004,207$995,201
Total revenue$49,545,510$44,858,052$41,985,008$38,508,937$35,337,933
 
Expenses20202019201820172016
Program services$41,391,879$40,633,548$33,954,742$30,548,310$30,181,145
Management and general$3,455,804$3,171,071$2,757,650$2,343,088$2,402,006
Fundraising$3,537,275$3,316,771$3,114,557$2,679,359$2,486,740
Total expenses$48,384,958$47,121,390$39,826,949$35,570,757$35,069,891
 
Change in net assets20202019201820172016
Surplus (deficit)$1,160,552($2,263,338)$2,158,059$2,938,180$268,042
Other changes in net assets$0$0$0$0$0
Total change in net assets$1,160,552($2,263,338)$2,158,059$2,938,180$268,042

Compensation

NameTitleCompensation
Mark CreaCEO$281,074
Andy CarrVP of Development & Marketing$200,811
Matthew MuraskiVP of Intl Programs & Supply$190,215
Dan Stennes-RognessVP of Finance/CFO$154,426
Jeanine PicardiVP of Human Resources$151,791
Laura BernardVP of Manufacturing$141,386

Compensation data as of: 2/28/2020


Response from ministry

No response has been provided by this ministry.


The information below was provided to MinistryWatch by the ministry itself. It was last updated 12/14/2020. To update the information below, please email: info@ministrywatch.com


History

Since our founding in 1987, Feed My Starving Children has given hope in Jesus' name in the form of nutritious MannaPack meals to so many who are hungry around the world. We ask His blessing and your support in the years ahead as we continue on, until all are fed.

1987 - FOUNDING

Challenged by needs he saw on a mission trip to Honduras in 1982, late Minnesota businessman Richard Proudfit heard God say, "If you've seen my starving children, feed them." Feed My Starving Children was founded in 1987 and began working to develop an effective and nutritious meal formula.

1993 - RICE FORMULA

With the help of a team of Cargill food scientists and colleagues from General Mills and Pillsbury, a vitamin-and-mineral fortified rice meal was created specifically for malnourished children around the age of five years old. FMSC changed the name from "Fortified Rice Soy Casserole" to MannaPack Rice in 2008.

1994 - VOLUNTEER PRODUCTION

After bottles, cartons and machine-canning were ruled out, a timely donation came: 1 million plastic bags from a discontinued Green Giant product. Board members trial-packed a few bags and today's volunteer meal-packing model was born. In 2005, productivity jumped 40% when engineers recommended volunteers form "cells" around the funnel.

1994 - FIRST MEAL SHIPMENTS

Volunteers were recruited to help pack meals for FMSC's first major shipment of MannaPack Rice to a pediatric hospital in Rwanda, Africa, via FMSC partner Operation Blessing. Meals were then sent to Haiti via Mercy Ships, then to Belarus and Paraguay. FMSC food has reached more than 70 countries through hundreds of food distribution partners. More than 99% of meals have arrived safely.

1998 - 2004 - TRANSITION & REDEDICATION

For many years, FMSC struggled to produce 2-3 million meals a year. The founder left the organization in 1998 to start a different charity. In December 2003, the board rededicated FMSC to Christ and hired current Executive Director/CEO Mark Crea in April 2004. Prayer became a priority every day. Support increased dramatically.

2004 - SITE EXPANSION

One site in Brooklyn Park, Minn. expanded to two with a site in Eagan, Minn. Other expansions rapidly followed: Chanhassen, Minn. in 2006; Aurora, Ill. in 2008; Schaumburg, Ill. in 2010; Tempe, Ariz. in 2011; Libertyville, Ill. in November 2012; and Richardson, TX in July 2018. In 2009 the Brooklyn Park HQ and packing site moved to its current location in Coon Rapids, Minn. In 2015 the Tempe packing site moved to Mesa, Ariz., in 2019 the Eagan, MN packing site expanded and the Schaumburg, Illin. site is about to relocate to expand. FMSC opened a warehouse in Norcross, Ga. in 2014 and Middletown, Penn. in 2015.

2004 - FIRST MOBILEPACK

Youth Encounter (YE) asked FMSC to bring a service experience to 300 students gathering in Kansas City, Mo. It was successful, and YE asked for more events. FMSC MobilePack events were born.

2007 - FMSC MARKETPLACE

While visiting an FMSC partner in Haiti, staff member Meghan Howard bought several hand-beaded bracelets from a group of young artisans. She then purchased 100 bracelets made by women in the Democratic Republic of the Congo to sell at FMSC. In a matter of days, they sold out and generated $500 for the artisans. FMSC bought more and sold more, and FMSC's MarketPlace began.

In fiscal year '16/'17, FMSC supported 1,951 local artisans in countries that receive FMSC meals and FMSC MarketPlace sales provided 5,263,360 meals.

2008 - 2010 - POTATO FORMULAS

FMSC collaborated with leading HIV nutritionist Cade Fields-Gardner, MS, RDN, LDN, CD, to develop MannaPack Potato-D, the world's first and only food to treat diarrhea, a leading killer of children worldwide. When orphanages began using the smooth formula to feed infants, FMSC modified the formula to create Potato-W, a weaning food that provides complete nutrients for babies 7-12 months old.

2011 - CROPPS PROGRAM

FMSC's CROPPS (Coalition of Relief Organizations Promoting Practical Solutions) sustainability initiative launched in Nicaragua in 2011 to develop relationships between FMSC partners working in the same country and other like-minded organizations to collaborate on best practices in food aid, agricultural development, government, ministry and more. CROPPS groups are currently established in Nicaragua, Dominican Republic, Haiti, Liberia, Philippines, Honduras, El Salvador and Swaziland.

2012 - PBFA PROGRAM

FMSC initiated a short-term, highly targeted project (1-3 years) called PBFA (Project Based Food Assistance) to bring church, government and community leaders together in a comprehensive campaign to eliminate hunger at its roots in a specific community. Projects are currently underway in the Philippines and Dominican Republic.

2017 - THEN & NOW

1994 - 2,409 volunteers packed 400,000 meals

2017 - More than 1.2 million volunteers packed more than 333 million meals


Program accomplishments


Needs