Lovin Spoonfuls Inc

Organization Overview

Lovin Spoonfuls Inc is located in Newton, MA. The organization was established in 2010. According to its NTEE Classification (K19) the organization is classified as: Support N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Lovin Spoonfuls Inc employed 35 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lovin Spoonfuls 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, Lovin Spoonfuls Inc generated $11.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.0% each year . All expenses for the organization totaled $9.9m during the year ending 12/2021. While expenses have increased by 29.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

LOVIN' SPOONFULS IS AN ORGANIZATION THAT FACILITATES THE RECOVERY AND DISTRIBUTION OF HEALTHY, PERISHABLE FOOD THAT WOULD OTHERWISE BE DISCARDED. LOVIN' SPOONFULS WORKS EFFICIENTLY TO DELIVER THIS FOOD DIRECTLY TO THE COMMUNITY ORGANIZATIONS AND RESOURCES WHERE IT CAN HAVE THE GREATEST IMPACT. LOVIN' SPOONFULS IS COMMITTED TO ADDRESSING THE HEALTH, ENVIRONMENTAL AND ECONOMIC IMPACT THAT FOOD WASTE HAS ON OUR COMMUNITY. HEADQUARTED IN BOSTON, MA, LOVIN' SPOONFULS IS A 501(C)(3), NON-PROFIT ORGANIZATION. THE PLENTY PROGRAM AT LOVIN' SPOONFULS WILL PROVIDE BENEFICIARIES AND THOSE THAT THEY SERVE WITH THE EDUCATION, TOOLS AND KNOW-HOW THEY NEED TO STORE, PREPARE AND FURTHER UTILIZE THE FOOD THAT WE DELIVER TO THEM. THE PRIMARY GOALS INCLUDE FRESH, RESOURCEFUL PREPARATION AND THE SIMULTANEOUS EFFICIENCY AND MINIMIZATION OF KITCHEN WASTE AND EXCESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DELIVERY OF PERISHABLE/NONPERISHABLE AND UNSERVED FOODS DIRECTLY TO LOCAL CRISIS CENTERS, SOUP KITCHENS, FOOD BANKS, SHELTERS AND OTHER SOCIAL ASSISTANCE ENTITIES.


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Board, Officers & Key Employees

Name (title)Compensation
Ashley Stanley
Founder/executive Director
$140,108
Lauren Palumbo
Chief Operating Officer
$116,195
Sandy Cades
Treasurer/cfo
$0
Adam Kahn
Secretary
$0
Lisa Fall
Chair
$0
Andrew Youniss
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$104,895
Related organizations$0
Government grants $247,138
All other contributions, gifts, grants, and similar amounts not included above$10,990,204
Noncash contributions included in lines 1a–1f $7,417,955
Total Revenue from Contributions, Gifts, Grants & Similar$11,342,237
Total Program Service Revenue$0
Investment income $127
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $13,370
Net Income from Fundraising Events -$47,876
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,326,279

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Lovin Spoonfuls Inc has recieved totaling $125,000.

Awarding OrganizationAmount
Middlesex Savings Charitable Foundation Inc

Natick, MA

PURPOSE: EXEMPT PURPOSE

$75,000
Middlesex Savings Charitable Foundation Inc

Natick, MA

PURPOSE: EXEMPT PURPOSE

$50,000
View Grant Recipient Profile

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