Partners In Food Solutions is located in Edina, MN. The organization was established in 2011. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 05/2023, Partners In Food Solutions employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Partners In Food Solutions 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 05/2023, Partners In Food Solutions generated $4.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $4.4m during the year ending 05/2023. While expenses have increased by 14.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE THE FOOD VALUE CHAIN IN DEVELOPING COUNTRIES BY MOBILIZING CORPORATE VOLUNTEERS TO SHARE KNOWLEDGE AND EXPERTISE WITH SMALL AND GROWING FOOD PROCESSORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARTNERS IN FOOD SOLUTIONS (PFS) WORKS TO STRENGTHEN THE AFRICAN FOOD PROCESSING SECTOR BY IDENTIFYING HIGH-POTENTIAL, AFRICAN-LED FOOD BUSINESSES AND PROVIDING THEM WITH FREE-OF-COST CONSULTING SERVICES POWERED BY EMPLOYEE VOLUNTEERS FROM OUR CONSORTIUM OF SEVEN WORLD-CLASS FOOD COMPANIES -- GENERAL MILLS, CARGILL, DSM-FIRMENICH, BHLER, THE HERSHEY COMPANY, ARDENT MILLS, AND THE J.M. SMUCKER COMPANY. THESE EMPLOYEES WORK VIRTUALLY AND DIRECTLY WITH THE AFRICAN COMPANIES TO HELP SOLVE SPECIFIC TECHNICAL AND BUSINESS CHALLENGES. PFS EMPLOYS SKILLED AFRICAN FIELD STAFF WHO PARTNER WITH IMPACT INVESTORS AND OTHER LOCAL ECOSYSTEM ORGANIZATIONS IN ORDER TO FURTHER ASSIST AFRICAN FOOD COMPANIES BY HELPING THEM TAP INTO THE LARGER FOOD PROCESSING ENVIRONMENT, BOTH REGIONALLY AND INTERNATIONALLY. PFS OPERATES A SERIES OF ADDITIONAL SERVICES TO SURROUND OUR PRIMARY TECHNICAL TRAINING AND CONSULTING OFFERING. AN APPRENTICESHIP PROGRAM HELPS PLACE AND SUPPORT YOUNG AFRICAN FOOD EXPERTS AT THEIR FIRST INDUSTRY JOB. A CERTIFICATION PROGRAM HELPS CLIENT COMPANIES SUCCEED IN ACHIEVING INTERNATIONALLY RECOGNIZED CERTIFICATIONS, LEADING TO BETTER FOOD SAFETY AND EXPORT CAPABILITIES. A FINANCE PROGRAM HELPS COMPANIES ATTRACT OUTSIDE INVESTMENT, AND OCCASIONALLY UNDERWRITES SMALL TICKET LOANS IN ORDER TO IMPLEMENT PROJECTS RECOMMENDED BY VOLUNTEER EXPERTS.PFS HELPS IMPROVE FOOD SECURITY, NUTRITION, AND ECONOMIC DEVELOPMENT IN AFRICA. OUR CORPORATE PARTNERS HAVE PROVIDED ACCESS TO THEIR WORLD-CLASS FACILITIES AND EMPOWERED MORE THAN 2,800 OF THEIR SKILLED EMPLOYEES TO WORK ON MORE THAN 2,000 SERVICES WITH LOCAL AFRICAN FOOD COMPANIES. THESE VOLUNTEERS HAVE CONTRIBUTED 158,767 CONSULTING HOURS. OUR PROGRAMS HAVE HELPED STRENGTHEN THE CAPACITY OF OVER 2,200 FOOD COMPANIES IN ETHIOPIA, KENYA, TANZANIA, UGANDA, RWANDA, MALAWI, ZAMBIA, GHANA, NIGERIA, AND COTE D'IVOIRE, IMPACTING 1.8 MILLIONLOCAL SMALLHOLDER FARMERS. IN OUR MOST RECENT YEAR, A SAMPLE OF OUR CLIENT FOOD COMPANIES IN AFRICA REPORTED AVERAGE REVENUE GROWTH OF 20%, A 9% INCREASE IN NEW FULL TIME EMPLOYEES, AND A 46% INCREASE IN THE NUMBER OF FARMERS SUPPORTED WITHIN THEIR SUPPLY CHAINS. VISIT WWW.PARTNERSINFOODSOLUTIONS.COM FOR MORE INFORMATION ABOUT PARTNERS IN FOOD SOLUTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ken Powell Chair Of The Board And Sec | OfficerTrustee | 1.5 | $0 |
Bruce Wilkinson Vice Chair Of The Board | Trustee | 1.5 | $0 |
Kojo Amoo-Gottfried Treasurer | OfficerTrustee | 1.5 | $0 |
Will Bonifant Board Member | Trustee | 1.5 | $0 |
Kofi Bruce Board Member | Trustee | 1.5 | $0 |
Dan Dye Board Member | Trustee | 1.5 | $0 |
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 | $4,039,922 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,039,922 |
Total Program Service Revenue | $0 |
Investment income | $42,792 |
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 | $4,090,510 |
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. | $915,988 |
Compensation of current officers, directors, key employees. | $102,365 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $359,321 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $61,274 |
Payroll taxes | $72,534 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $109,978 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $85,625 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $278,506 |
Advertising and promotion | $0 |
Office expenses | $25,085 |
Information technology | $123,298 |
Royalties | $0 |
Occupancy | $23,782 |
Travel | $197,021 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $20,664 |
Interest | $411 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,844 |
Insurance | $19,298 |
All other expenses | $0 |
Total functional expenses | $4,357,899 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,170,210 |
Savings and temporary cash investments | $2,008,455 |
Pledges and grants receivable | $2,056,238 |
Accounts receivable, net | $224 |
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 | $22,461 |
Net Land, buildings, and equipment | $11,658 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $340,294 |
Intangible assets | $0 |
Other assets | $59,719 |
Total assets | $6,669,259 |
Accounts payable and accrued expenses | $372,571 |
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 | $248,947 |
Other liabilities | $92,693 |
Total liabilities | $714,211 |
Net assets without donor restrictions | $3,914,562 |
Net assets with donor restrictions | $2,040,486 |
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 | $6,669,259 |