Sodexo Stop Hunger Foundation Inc
- Assets
- $2.2m
- Revenue
- $2.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Gaithersburg, MD
- Founding
- 09/1999
- Data as of
- 08/2021
- EIN
- 31-1652380
Organization Overview
Sodexo Stop Hunger Foundation Inc is located in Gaithersburg, MD. The organization was established in 1999. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sodexo Stop Hunger Foundation 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 08/2021, Sodexo Stop Hunger Foundation Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.7m during the year ending 08/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SODEXO FOUNDATION WORKS TO ENSURE THAT EVERY CHILD IN THE UNITED STATES, ESPECIALLY THOSE MOST AT-RISK, GROWS UP WITH DEPENDABLE ACCESS TO ENOUGH NUTRITIOUS FOOD TO ENABLE THEM TO LEAD A HEALTHY, PRODUCTIVE LIFE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF ORGANIZATIONS WHICH ARE CONCERNED WITH ENDING CHILDHOOD HUNGER AND HUNGER RELATED ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Mcglockton President, Director | OfficerTrustee | 0.25 | $0 |
Robert A Stern Secretary, Director | OfficerTrustee | 0.25 | $0 |
Paul Brock Treasurer, Director | OfficerTrustee | 1 | $0 |
Roxanne Moore Executive Director | Officer | 20 | $0 |
Pascale Brady Director | Trustee | 0.25 | $0 |
Stephen Dunmore Director | Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $1,915,364 |
| Related organizations | $599,784 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $209,532 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,724,680 |
| Total Program Service Revenue | $0 |
| Investment income | $441 |
| 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 | $2,725,121 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,479,757 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,515 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $7,768 |
| Total functional expenses | $1,680,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $685,510 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,492,070 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,177,580 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $2,177,580 |
| Net assets with donor restrictions | $0 |
| 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 | $2,177,580 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Sodexo Stop Hunger Foundation Inc has recieved totaling $1,688,158.
| Awarding Organization | Amount |
|---|---|
Tournaments For Charity Dublin, OH PURPOSE: GENERAL SUPPORT | $1,653,677 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $34,447 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Marthas Table Washington, DC | $73,899,963 | $20,164,385 |
412 Food Rescue Inc Pittsburgh, PA | $6,363,221 | $17,851,896 |
Food Research & Action Center Inc Washington, DC | $11,081,726 | $13,011,283 |
School Nutrition Association Inc Arlington, VA | $16,052,555 | $7,166,354 |
Bread For The World Inc Washington, DC | $10,817,860 | $6,419,987 |
Lexington Market Inc Baltimore, MD | $34,272,754 | $5,979,904 |
Means Database Inc Washington, DC | $202,250 | $395,546 |
Pauls Place Inc Baltimore, MD | $14,169,802 | $2,887,812 |
A Gift From Ben Inc Williamsburg, VA | $40,903 | $2,555,579 |
Grow Ohio Valley Inc Wheeling, WV | $924,666 | $2,218,308 |
Carversville Farm Foundation Mechanicsville, PA | $2,108,412 | $2,035,520 |
It Takes A Village To Feed One Child Inc Ridley Park, PA | $688,399 | $1,787,069 |