Wholesome Wave Inc
- Assets
- $1.3m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 19
- Location
- Bridgeport, CT
- Founding
- 09/2007
- Data as of
- 12/2021
- EIN
- 26-0352899
Organization Overview
Wholesome Wave Inc is located in Bridgeport, CT. The organization was established in 2007. According to its NTEE Classification (C02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Environment and related organizations. As of 12/2021, Wholesome Wave Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wholesome Wave 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 12/2021, Wholesome Wave Inc generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.3%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Wholesome Wave Inc has awarded 150 individual grants totaling $4,819,337. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WHOLESOME WAVE, INC. INSPIRES UNDERSERVED CONSUMERS TO MAKE HEALTHIER FOOD CHOICES BY INCREASING AFFORDABLE ACCESS TO FRESH, LOCAL AND REGIONAL FOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NATIONAL NUTRITION INCENTIVE NETWORK (NNIN)/DOUBLING SNAP: WE LEAD A NATIONAL NETWORK OF RESEARCHERS, COMMUNITY-BASED NONPROFITS AND PROGRAM OPERATORS TO SHARE BEST PRACTICES ON OUR FLAGSHIP PROGRAM, WHICH DOUBLES THE VALUE OF SNAP (FORMERLY KNOWN AS FOOD STAMPS) WHEN SPENT ON FRUITS AND VEGETABLES. OUR NATIONAL NETWORK IS COMPRISED OF 1,400+ FARMERS MARKETS, GROCERY STORES, CORNER STORES, FARM STANDS, CSAS, COMMUNITY BASED PARTNERS AND MORE ACROSS 48 STATES. WE HELP ALL OF THEM MAKE PRODUCE AFFORDABLE FOR THOSE WHO NEED IT MOST.
FRUIT AND VEGETABLE PRESCRIPTION PROGRAM (FVRX): OUR FRUIT AND VEGETABLE PRESCRIPTION PROGRAM (FVRX ), EMPOWERS DOCTORS AND HEALTHCARE PROVIDERS, TO PRESCRIBE PRODUCE TO PEOPLE IN POVERTY WHO ARE AT RISK FOR DIET-RELATED DISEASE. PARTICIPATING PATIENTS USUALLY RECEIVE $1 A DAY PER HOUSEHOLD MEMBER TO SPEND ON FRUITS AND VEGETABLES AT PARTICIPATING FARMERS MARKETS AND SUPERMARKETS, AND DOCTORS TRACK THEIR RESULTING HEALTH IMPROVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin Perkins CEO | Officer | 40 | $177,127 |
Michel Nischan President | OfficerTrustee | 40 | $162,346 |
Joe Cahalan Board Member/interim Execu | OfficerTrustee | 40 | $21,000 |
Ed Kelly Marcom Committee Chair | OfficerTrustee | 1 | $0 |
Wil Harkey Finance Committee Chair (outgoing) | OfficerTrustee | 1 | $0 |
Ellen O'connor Finance Committee Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Yale University Ar Program Consulting | 12/30/21 | $130,717 |
Brandk Partners Llc Accounting | 12/30/21 | $117,850 |
Nvg Llc Contract Services | 12/30/21 | $102,000 |
Daisa Enterprises Program Consulting | 12/30/21 | $189,537 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $468,848 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,418,966 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,887,814 |
| Total Program Service Revenue | $120,024 |
| Investment income | $1,726 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,012,524 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $125,845 |
| 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. | $344,333 |
| Compensation of current officers, directors, key employees. | $38,646 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $754,036 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $130,124 |
| Payroll taxes | $94,711 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $249,673 |
| Advertising and promotion | $0 |
| Office expenses | $80,021 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $72,715 |
| Travel | $18,262 |
| 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 | $15,765 |
| Insurance | $10,848 |
| All other expenses | $0 |
| Total functional expenses | $2,652,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $884,490 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $160,764 |
| 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 | $74,474 |
| Net Land, buildings, and equipment | $15,000 |
| Investments—publicly traded securities | $169,438 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,425 |
| Total assets | $1,309,591 |
| Accounts payable and accrued expenses | $512,674 |
| 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 | $250,000 |
| Other liabilities | $169,438 |
| Total liabilities | $932,112 |
| Net assets without donor restrictions | -$462,672 |
| Net assets with donor restrictions | $840,151 |
| 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 | $1,309,591 |
Grants Awarded
Over the last fiscal year, Wholesome Wave Inc has awarded $383,025 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
C-TOWN SUPERMARKET PURPOSE: RUNNING THE NATIONAL NUTRITION INCENTIVE NETWORK PROGRAM IN THE DONEE'S COMMUNITY | $105,885 |
Brooklyn, NY PURPOSE: RUNNING THE NATIONAL NUTRITION INCENTIVE NETWORK PROGRAM IN THE DONEE'S COMMUNITY | $88,300 |
San Francisco, CA PURPOSE: RUNNING THE NATIONAL NUTRITION INCENTIVE NETWORK PROGRAM IN THE DONEE'S COMMUNITY | $55,200 |
Los Angeles, CA PURPOSE: RUNNING THE NATIONAL NUTRITION INCENTIVE NETWORK PROGRAM IN THE DONEE'S COMMUNITY | $42,500 |
TWJ INC PURPOSE: RUNNING THE NATIONAL NUTRITION INCENTIVE NETWORK PROGRAM IN THE DONEE'S COMMUNITY | $24,123 |
New York, NY PURPOSE: RUNNING THE NATIONAL NUTRITION INCENTIVE NETWORK PROGRAM IN THE DONEE'S COMMUNITY | $20,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Wholesome Wave Inc has recieved totaling $50.
| Awarding Organization | Amount |
|---|---|
Haofu Family Foundation S Pasadena, CA PURPOSE: GENERAL DONATION | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Genesee Valley Conservancy Inc Geneseo, NY | $4,932,838 | $11,049,050 |
Wholesome Wave Inc Bridgeport, CT | $1,309,591 | $3,012,524 |
Urban Green Council New York, NY | $893,272 | $2,517,667 |
Compact Of Cape Cod Conservation Trusts Inc Barnstable, MA | $1,290,117 | $1,433,433 |
New York Water Environment Association Inc Syracuse, NY | $2,494,072 | $1,036,674 |
Climate Action Systems Inc Cambridge, MA | $258,711 | $94 |
Edward Street Day Care Center Inc Worcester, MA | $2,623,767 | $755,268 |
Onondaga Environmental Institute Inc Syracuse, NY | $238,896 | $590,427 |
Community Science Institute Inc Ithaca, NY | $100,245 | $369,625 |
Closed Loop Foundation New York, NY | $456,206 | $0 |
Paul F Brandwein Institute Inc Port Jervis, NY | $668,193 | $154,598 |
Understory Project Inc New York, NY | $205,412 | $280,000 |