ATLANTA, Dec. 5, 2017 /PRNewswire/ -- The Atlanta Community Food Bank's strong financial health and commitment to accountability and transparency has earned another 4-star rating from Charity Navigator, America's largest independent charity evaluator. The 4-star rating is the highest grade awarded by Charity Navigator.
"It is important that our donors trust we're using their donations wisely to accomplish the Food Bank's mission to end hunger and grow stronger communities," said Kyle Waide, President & CEO of Atlanta Community Food Bank. "Our 4-star Charity Navigator rating shows that we have financial accountability and good governance."
For seven consecutive years, the Food Bank has earned 4-star ratings from Charity Navigator. 95% of every dollar donated to the Food Bank goes right back into the community. Supporters can trust that their donations are going to an ethical charity when they invest in one of the Southeast's largest hunger-relief organizations.
"The Atlanta Community Food Bank's exceptional 4-star rating sets it apart from its peers and demonstrates its trustworthiness to the public," according to Michael Thatcher, President & CEO of Charity Navigator. "Only a quarter of charities rated by Charity Navigator receive the distinction of our 4-star rating. This adds the Food Bank to a preeminent group of charities working to overcome our world's most pressing challenges."
Since 2002, using objective analysis, Charity Navigator has awarded only the most fiscally responsible organizations a 4-star rating. In 2011, Charity Navigator added 17 metrics, focused on governance and ethical practices as well as measures of openness, to its ratings methodology. These Accountability & Transparency metrics, which account for 50 percent of a charity's overall rating, reveal which charities operate in accordance with industry best practices and whether they are open with their donors and stakeholders. On June 1, 2016, Charity Navigator upgraded their methodology for rating each charity's' financial health with CN 2.1. These enhancements further substantiates the financial health of the four star charities.
About the Atlanta Community Food Bank
The Atlanta Community Food Bank works to end hunger with the food, people and big ideas needed to ensure our neighbors have the nourishment to lead healthy and productive lives. Far too many people in our own community experience hunger every day, including children, seniors and working families. Through more than 600 nonprofit partners, we help more than 755,000 people get healthy food every year. Our goal is that, by 2025, all hungry people across metro Atlanta and North Georgia will have access to the nutritious meals they need when they need them. It takes the power of our whole community to make that possible. Join us at ACFB.org.
About Charity Navigator
Charity Navigator, www.charitynavigator.org, is the largest charity evaluator in America and its website attracts more visitors than all other charity rating groups combined. The organization helps guide intelligent giving by evaluating the Financial Health and Accountability & Transparency of more than 8,000 charities. Charity Navigator accepts no advertising or donations from the organizations it evaluates, ensuring unbiased evaluations, nor does it charge the public for this trusted data. As a result, Charity Navigator, a 501 (c) (3) public charity itself, depends on support from individuals, corporations and foundations that believe it provides a much-needed service to America's charitable givers. Charity Navigator, can be reached directly by telephone at (201) 818-1288, or by mail at 139 Harristown Road, Suite 101, Glen Rock, N.J., 07452
SOURCE Atlanta Community Food Bank