Foodcorps Inc
- Assets
- $36.9m
- Revenue
- $20.2m
- Investments
- $10.5m
- Employees
- 250
- Location
- Portland, OR
- Founding
- 12/2010
- Data as of
- 07/2023
- EIN
- 27-3990987
Organization Overview
Foodcorps Inc is located in Portland, OR. The organization was established in 2010. According to its NTEE Classification (K40) the organization is classified as: Nutrition, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 07/2023, Foodcorps Inc employed 250 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foodcorps 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 07/2023, Foodcorps Inc generated $20.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $21.8m during the year ending 07/2023. While expenses have increased by 9.6% per year over the past 8 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.
Since 2019, Foodcorps Inc has awarded 22 individual grants totaling $254,665. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
A NATIONWIDE TEAM OF LEADERS WHO CONNECT KIDS TO HEALTHY FOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOODCORPS FIELDED ITS TWELFTH CLASS OF LEADERS DURING THE FISCAL PERIOD UNDER AUDIT, SUPPORTING 176 SERVICE MEMBERS THROUGHOUT THEIR YEARLONG TERM OF SERVICE AND WORKING ACROSS 12 STATES AND WASHINGTON D.C. TO MEET THE ORGANIZATION'S MISSION.HANDS-ON LEARNING: TAUGHT 14,608 KIDS FOR 10+ HOURS - A TIPPING POINT TO CHANGE WHAT KIDS EAT. TOTAL STUDENTS TAUGHT = 49,102 TOTAL LESSONS TAUGHT = 28,266 TOTAL FOOD TASTINGS DURING LESSONS = 11,817 SUPPORTED 290 GARDENS FOR IMMERSIVE OUTDOOR LEARNING.NOURSHING MEALS: 2,679 TASTES AND PROMOTIONS IN THE CAFETERIA. 279 NEW FOODS ADDED TO THE BREAKFAST & LUNCH LINES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Curtis Ellis Co-Founder And Chief Executive Officer | OfficerTrustee | 40 | $258,798 |
John Gomperts Co-Chair | Trustee | 1 | $0 |
Rachel Willis Co-Chair | Trustee | 1 | $0 |
Aliya Hussaini Treasurer | Trustee | 1 | $0 |
Eliza Greenberg Co-Secretary | Trustee | 1 | $0 |
Ricardo Salvador Co-Secretary | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Forum For The Future Strategic Consulting | 7/30/20 | $219,012 |
Kate Lindquist Communications Consulting | 7/30/20 | $120,000 |
Sunshine Sachs Pr Firm | 7/30/20 | $120,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,630,481 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,283,879 |
| Noncash contributions included in lines 1a–1f | $866,149 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,914,360 |
| Total Program Service Revenue | $1,494,515 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $250,000 |
| 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 | $20,162,630 |
| 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. | $1,988,691 |
| Compensation of current officers, directors, key employees. | $139,208 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,100,280 |
| Pension plan accruals and contributions | $273,903 |
| Other employee benefits | $1,563,138 |
| Payroll taxes | $1,139,838 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $48,005 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $150,879 |
| Advertising and promotion | $0 |
| Office expenses | $58,250 |
| Information technology | $588,067 |
| Royalties | $0 |
| Occupancy | $285,288 |
| Travel | $1,193,818 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $87,930 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $65,799 |
| Insurance | $140,253 |
| All other expenses | $80,558 |
| Total functional expenses | $21,763,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,003,704 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $11,318,506 |
| Accounts receivable, net | $148,483 |
| 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 | $91,992 |
| Net Land, buildings, and equipment | $212,108 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $10,485,119 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $606,290 |
| Total assets | $36,866,202 |
| Accounts payable and accrued expenses | $1,417,608 |
| Grants payable | $0 |
| Deferred revenue | $34,000 |
| 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 | $599,057 |
| Total liabilities | $2,050,665 |
| Net assets without donor restrictions | $23,746,011 |
| Net assets with donor restrictions | $11,069,526 |
| 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 | $36,866,202 |
Grants Awarded
Over the last fiscal year, Foodcorps Inc has awarded $61,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ALLIANCE FOR A HEALTHIER GENERATION PURPOSE: TO CONNECT SCHOOL KIDS WITH HEALTHY FOOD IN SCHOOL | $60,000 |
ROOTED IN LOVE INC PURPOSE: TO CONNECT SCHOOL KIDS WITH HEALTHY FOOD IN SCHOOL | $1,000 |