Executive Committee
The Food Depot
Thomas Jensen -President
Fiscal Year 2025 (July 2024 - June 2025)
Flow Science
V. Brian D'Andrea -Vice President TechSource Inc.
Jeremy Miller -Treasurer Market Street
Friends,
Scott Bunton -Secretary
Fiscal year 2025 marked a turning point both for The Food Depot and for me personally, as I began my first year as your Executive Director. Leading Northern New Mexico's food bank is not only a meaningful responsibility but also a great joy. Each day, I am privileged to work alongside dedicated hunger-relief advocates and collaborative community partners. Together, we are making steady progress toward a hunger-free future for New Mexicans.
Consultant
Bill Sveum -Member at Large Ph.D., Food Industry (retired)
Jill Dixon The Food Depot
Board of Directors
Noah Berke Planning Manager
Rubina Cohen Firefly Strategies
Steven Coleman Los Alamos National Laboratory
The annual report is a celebration of our shared momentum and a reaffirmation of our commitment to Northern New Mexico. To our generous supporters and volunteers, we pledge to steward your gifts with integrity. To our partners, we pledge to support your essential work. Most importantly, to our valued clients, we pledge to stand with you as you build your healthiest future.
Mary Ferguson N2N Volunteer Organizer
Sandra Mitiko Higaskino-Greene Dashing Delivery LLC Sunset Crossing LLC
There is still much to accomplish, but I remain hopeful because of our incredible community of support. Thank you for believing in our shared vision and for being an active part of the movement to end hunger. In partnership and appreciation,
Barbara Houser Retired Judge
Len Rand
Rachel Rogers Mora Independent Schools
Elevation Financial Group
Andrea Vigil Manitou Galleries
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Deborah Trouw
Jill L. Dixon Executive Director, The Food Depot
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Fiscal Year 2025 (July 2024 - June 2025)
The Food Depot fosters healthy communities by engaging a network of partners and developing solutions to create a hunger-free New Mexico.
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Healthy and hunger-free communities.
Serving Northern New Mexico
26,000 square mile service area
85 nonprofit food partners
8 food bank programs
152 distribution sites
Delivery Coordinator
“Waking up in the morning and going to a job where I know I am part of keeping our communities fed makes what I do meaningful.”
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A team dedicated to a hunger-free future for Northern New Mexicans ber m A
Director of Development
Agency Partnerships Coordinator
“I do this work so no child has to go to or from school hungry, allowing them to focus on their education and not their family's lack of resources.”
My work is about more than just giving back to my community; it's about starting a ripple effect. By supporting our partner agencies, I see that wave of help reach countless communities across Northern New Mexico."
FY25 distribution impact
9.8 million pounds of food and resources 681,000 meals distributed per month
Types of food we deliver and distribute Fruits and Vegetables 59%
Protein 20%
Pantry Staples 10% Grains and Rice 10% Non-food 3%
The Food Depot Fiscal Year 2025 (July 2024 - June 2025)
Operating Expenses
Sources of Funding (excluding value of donated food)
Sources of Food Received (in pounds)
91% Hunger-relief programming
56% Individuals
33% Government Sources
5% Management & General
21% Government (state/local)
25% Donations/food drives
4% Fundraising
16% Foundations/grants
23% Purchased by The Food Depot
4% Special events/promotions
19% Feeding America Network
3% Corporations/religious
FY25 Distribution Highlights Rural Mobile Food Pantries Over 1 million meals through 16 sites
Casita de Comida No-cost Market 2,100 total visits to the market by Rio Arriba residents
Partnerships with Native Communities 400+ households served monthly at 7 Northern Pueblos
School-based pantries Over 8,000 visits from children during the school year
Diaper Depot 687 unique children benefitted from diapers and wipes
Ending hunger takes a community Over 500 active volunteers Repacking and distributing food
2 million pounds of food sorted Bread, pantry goods, and produce from grocery store partners
136 new volunteers Including 190 volunteers at Second Saturday shifts
Volunteers gave 23,700 hours of service to food security efforts in FY25!
47 volunteer groups Including 12 monthly teams
50+ store partners Donating food and resources to The Food Depot
The Food Depot Financial Summary, year ending in June 2024
Statement of Activities
Statement of Financial Position
SUPPORT AND REVENUE
CURENT ASSETS
Donated food commodities - nonfederal
4,723,023
Cash and cash equivalents
1,679,805
Donated food commodities - federal
6,032,487
Investments
5,638,810
Contributions, grants and contracts
8,564,279
Accounts receivable
28,641
Food acquisition and handling fees
184,914
Contributions and grants receivable
516,880
Government grants and contracts
2,341,930
Inventories
1,842,560
In-kind contributions
388,739
Prepaid expenses
65,448
Special events
210,251
Investment income
416,728
TOTAL CURRENT ASSETS
$9,772,144
Loss on disposal of property and equipment (12,274) Other income TOTAL SUPPORT AND REVENUE
12,341 $22,862,418
EXPENSES Program services
17,615,281
Supporting services Management and general
954,520
Fundraising
870,442
Total supporting services
1,824,962
Total expenses
19,440,243
Change in net assets
3,422,175
Net assets, beginning of year NET ASSETS, END OF YEAR
Investment in long-term certificates of deposit 2,704,864 Interest in assets held by SFCF
737,255
Right-of-use lease assets, net
860,886
Property and equipment, net
5,377,469
TOTAL NONCURRENT ASSETS
$9,680,474
TOTAL ASSETS
$19,452,618
CURRENT/NONCURRENT LIABILITIES Accounts Payable
274,740
14,752,838
Accrued payroll liabilities Operating lease liabilities, current portion
129,407 287,531
$18,175,013
Operating lease liabilities, net of current
585,927
A history of The Food Depot’s audited financial statements are available online at thefooddepot.org/give/financials/.
EIN 85-0416803
NONCURRENT ASSETS
TOTAL LIABILITIES
$1,277,605
NET ASSETS Total, without donor restrictions
17,395,172
Total, with donor restrictions
779,841
TOTAL NET ASSETS
$18,175,013
Be part of a food-secure future. Donate, advocate, and volunteer today!
Give Online: give.thefooddepot.org/donations By check: 1222 A Siler Road, Santa Fe, NM 87507 Join our monthly giving program to help The Food Depot provide nutritious food all year long.
Start a Food Drive or Fundraiser events@thefooddepot.org (505) 510-5818
Volunteer We are always looking for passionate people to rescue food and work with clients. thefooddepot.org/volunteer volunteer@thefooddepot.org
The Food Depot 1222 A Siler Road Santa Fe, NM 87505 (505) 471-1633 info@thefooddepot.org thefooddepot.org
Make a Contribution in Honor or Memory of a Special Person donations@thefooddepot.org give.thefooddepot.org/donations
Create a Legacy or Estate Plan development@thefooddepot.org (505) 510-5872
Advocate Raise your voice to create a food-secure future. thefooddepot.org/advocacy advocacy@thefooddepot.org