Forsyth Backpack Program EIN 46-1940233

Forsyth Backpack Program

EIN  46-1940233 Public charity (501(c)(3)) Winstonsalem, NC
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Size
$100K–1M
What they do
Feeds chronically hungry children in Winston-Salem/Forsyth County schools.
Leadership
Daisy Rodriguez · Executive Director · $18K
Money in and out
$153K revenue, $181K expenses
Bottom line
84% program efficiency

Feeds chronically hungry children in Winston-Salem/Forsyth County schools. For fiscal year 2025 it reported $153K in revenue, $181K in expenses, and $262K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$153K
Pt VIII · Ln 12
Total expenses
$181K
Pt IX · Ln 25
Net assets
$262K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$27K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.11 Fundraising $0.05
Program efficiency
84%
of spending reaches programs▲ +6% vs prior filing year
Operating runway
17.4mo
months of highly liquid reserves at operating expense rate▲ +6% vs prior filing year
Surplus margin
-18%
revenue over expenses, this year▼ -107% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$153K
FY2025▼ -20%
Expenses
$181K
FY2025▼ -14%
Total assets
$262K
FY2025▼ -8%
Total liabilities
$0
FY2025
Total revenue
$153K
Pt VIII · Ln 12
Total expenses
$181K
Pt IX · Ln 25
Net assets
$262K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$27K
Total assetsPt X · Ln 16$262K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $152K of program spending, described in the organization's own filed words · FY2024.
01

School Food Programs

FBP provided weekend and Holiday meals to children in need in Winston Salem Forsyth County Schools during the 2024-25 school term. Current School programs include Ashley Cook Forest Park Gibson Hanes Jefferson Kimberly Park Konnoak Middle Fork Union Cross Southeast Middle Special Childrens School and Petree.

$152Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CForsyth Backpack Program
EINHdr · item D46-1940233
Principal addressHdr · item CWinstonsalem, NC
WebsiteHdr · item Jwww.forsythbackpackprogram.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K30)
Ruling yearIRS BMFAug 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$18,343Pt VII · Sec A
Operations Director
$15,129Pt VII · Sec A
Executive Director
$4,941Pt VII · Sec A
$0Pt VII · Sec A
Treasurer CFO
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Daisy Rodriguez’s $18K as Executive Director is at the 19th percentile of top reported officer pay among 1173 $100K–1M food & agriculture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023
Daisy Rodriguez$18,343$30,160$9,561
David Ajamy$15,129$21,429$26,186
Heather Mikeal$4,941

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$133K · 86%
Investment income$12K · 8%
Other revenue$9K · 6%
Contributions & grants86%$133K
Investment income8%$12K
Other revenue6%$9K
Total revenueLn 12$153K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.11 Fundraising $0.05
Program services84%$152K
Management & general11%$19K
Fundraising5%$9K
Total functional expensesLn 25$181K

Balance Sheet

Part X · end of year
CashLn 1$8K
Total assetsLn 16$262K
Total liabilitiesLn 26$0
Total net assetsLn 32$262K
Months of cash on handcomputed0.5

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $262K · Operating expenses/yr $181K
17.4 months
Where the money goes
Program services
Program services $152K · Total expenses $181K
84%
Management & General
Management & general $19K · Total expenses $181K
11%
Fundraising
Fundraising $9K · Total expenses $181K
5%
Cost to raise $1
Fundraising expense (3-yr avg) $8K · Solicited contributions (3-yr avg) $172K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $133K · Total revenue $153K
86%
Government reliance
Government grants $0 · Total revenue $153K
0%
Earned-income share
Program service revenue $0 · Total revenue $153K
0%
Investment reliance
Investment income $12K · Total revenue $153K
+8%
Program self-sufficiency
Program service revenue $0 · Total expenses $181K
0%
Growth & trend
Revenue growth (YoY)
This year $153K · Prior year $193K
-20%
Revenue CAGR
FY2019 $242K · FY2024 $153K
-9%
Net-asset trend (YoY)
End of year $262K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $153K · Expenses $181K
-18%
Liabilities-to-Assets
Total liabilities — · Total assets $262K
Net-asset ratio
Net assets $262K · Total assets $262K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $255K · Total assets (Pt X, ln 16) $262K
97%
People & payroll
Highest Reported Total Compensation
Individual Daisy Rodriguez · Reported title Executive Director · Highest reported compensation $18K · Total expenses $181K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $41K · Total expenses $181K
23%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 11%
Fundraising cost ratio 7%
Revenue growth -20%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$25K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$153K revenue · viewing · ⤓ 990 PDF
FY2024$193K revenue · ⤓ 990 PDF
FY2023$205K revenue · ⤓ 990 PDF
FY2022$100K revenue · ⤓ 990 PDF
FY2021$75K revenue · ⤓ 990 PDF
FY2020$242K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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