Open Table Inc
- Assets
- $3.7m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 17
- Location
- Concord, MA
- Founding
- 10/1993
- Data as of
- 06/2023
- EIN
- 04-3048933
Organization Overview
Open Table Inc is located in Concord, MA. The organization was established in 1993. According to its NTEE Classification (K34) the organization is classified as: Congregate Meals, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 06/2023, Open Table Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Open Table Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Open Table Inc generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.5% each year . All expenses for the organization totaled $2.4m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPEN TABLES MISSION IS TO END HUNGER IN OUR LOCAL COMMUNITY BY PROVIDING HEALTHY FOOD IN WAYS THAT RESPECT THE DIGNITY AND DIVERSITY OF THOSE SERVED. THIS MISSION IS ACHIEVED BY OFFERING A WIDE VARIETY OF HEALTHY AND CULTURALLY APPROPRIATE FOOD CHOICES IN OUR PANTRY AND MEAL PROGRAMS AND BY ENGAGING A TEAM OF DIVERSE, COMMITTED, AND PASSIONATE STAFF AND VOLUNTEERS. WE BELIEVE THAT PEOPLE SHOULD NOT BE HUNGRY. WE RECOGNIZE THAT ECONOMIC, RACIAL AND GENDER INEQUALITY ARE THE MAIN DRIVERS OF FOOD INSECURITY. WE WELCOME OUR NEIGHBORS IN NEED WITH COMPASSION AND RESPECT. WE STRIVE TO END HUNGER BY ADDRESSING WITH OUR PARTNERS THE SYSTEMIC CAUSES AND IMMEDIATE IMPACTS OF FOOD INSECURITY.
Describe the Organization's Program Activity:
PANTRY EXPANSION: ACQUIRED NEW BUILDING ADJACENT TO OUR MAIN FACILITY AND BEGAN PLANNING FOR ITS RENOVATION AS ADDITIONAL FOOD STORAGE. THIS PLANNED EXPANSION WILL ROUGHLY DOUBLE OUR SQUARE FOOTAGE AND, ONCE COMPLETE, WILL ALLOW US TO SERVE APPROXIMATELY 30% MORE PEOPLE.
OTHER GUEST SUPPORT PROGRAMS.
MEAL PROGRAM EXPANSION: OPEN TABLE SERVED A RECORD 58,262 PREPARED MEALS THROUGH OUR MAYNARD AND MOBILE PROGRAMMING. THESE MEALS ARE DISTRIBUTED AT OUR MAIN PANTRY IN MAYNARD AS WELL AS THROUGH OUR HOME DELIVERIES AND MOBILE PANTRIES AND MEALS PROGRAMS.
EXPANSION OF MOBILE PROGRAMS: OPEN TABLE DISTRIBUTED MORE THAN 800,000 POUNDS OF FOOD TO A RECORD 5,432 UNIQUE INDIVIDUALS BY WORKING WITH CURRENT AND NEW PARTNERS TO GET FOOD AND MEALS TO PEOPLE IN NEED AT TIMES AND PLACES WHICH ARE CONVENIENT TO THEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisette Arbelli Director | Trustee | 1 | $0 |
Patty Chambers Clerk | OfficerTrustee | 4 | $0 |
Gina Cummings Director | Trustee | 1 | $0 |
Brendon Donnellan Director | Trustee | 4 | $0 |
Barbara Fisher Vice Preside | OfficerTrustee | 10 | $0 |
Michele Fisher Director | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,484,687 |
| Noncash contributions included in lines 1a–1f | $1,207,449 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,484,687 |
| Total Program Service Revenue | $0 |
| Investment income | $43,766 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$69,143 |
| Net Income from Fundraising Events | $143,772 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,605,107 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $585,815 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,302 |
| Payroll taxes | $49,606 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,323 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,671 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $17,286 |
| Information technology | $2,820 |
| Royalties | $0 |
| Occupancy | $133,024 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $67,590 |
| Insurance | $17,753 |
| All other expenses | $1,876 |
| Total functional expenses | $2,406,554 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $961,225 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $41,250 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $650 |
| Net Land, buildings, and equipment | $1,807,173 |
| Investments—publicly traded securities | $900,392 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,710,690 |
| Accounts payable and accrued expenses | $76,898 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $76,898 |
| Net assets without donor restrictions | $3,437,827 |
| Net assets with donor restrictions | $195,965 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $3,710,690 |