Feeding The Future Inc
- Assets
- $129.9k
- Revenue
- $237.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 32-0530898
Organization Overview
Feeding The Future Inc is located in Chattanooga, TN. The organization was established in 2018. 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. Feeding The Future 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, Feeding The Future Inc generated $237.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $176.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Feeding The Future Inc has awarded 30 individual grants totaling $304,318. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOST A GOLF TOURNAMENT TO RAISE FUNDS FOR CHARITY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Recher President | 1 | $0 | |
Tom Mayberry Treasurer | 4 | $0 | |
Gregory Mccall Vice President | 1 | $0 | |
Peggy Russell Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $237,147 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $237,147 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $51,462 |
| Total operating and administrative expenses | $54,952 |
| Contributions, gifts, grants paid | $121,218 |
| Total expenses and disbursements | $176,170 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,367 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $29,900 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $3,625 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $129,892 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Feeding The Future Inc has awarded $121,218 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
JACK T WELLS CHARITABLE TRUST PURPOSE: GENERAL CONTRIBUTION | $25,000 |
Nashville, TN PURPOSE: END KID'S HUNGER | $22,855 |
Atlanta, GA PURPOSE: HUNGER WALK GENERAL DONATION | $20,000 |
Chattanooga, TN PURPOSE: HELP END KID'S HUNGER | $10,000 |
Dothan, AL PURPOSE: END KID'S HUNGER | $10,000 |
Maryville, TN PURPOSE: END KID'S HUNGER | $7,500 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Feeding The Future Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
National Philanthropic Tr Jenkintown, PA PURPOSE: HUMAN SERVICES | $7,500 |
National Philanthropic Tr Jenkintown, PA PURPOSE: HUMAN SERVICES | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ozarks Food Harvest Inc Springfield, MO | $24,677,730 | $55,346,223 |
Meals On Wheels America Arlington, VA | $39,209,514 | $71,254,608 |
The Society Of Saint Andrew Inc Big Island, VA | $6,276,921 | $21,122,125 |
Our Daily Bread Of Tennessee Inc Knoxville, TN | $2,326,524 | $13,713,547 |
Council Services Inc Americus, GA | $11,942,180 | $9,376,326 |
Harvest Texarkana Texarkana, AR | $7,563,081 | $9,692,517 |
School Nutrition Association Inc Arlington, VA | $16,052,555 | $7,166,354 |
Second Helpings Atlanta Inc Atlanta, GA | $1,164,616 | $7,933,266 |
Georgia Nutritional Services Inc Conyers, GA | $1,305,106 | $6,913,092 |
Housing First Inc Mobile, AL | $744,831 | $5,672,960 |
Arkansas Hunger Relief Alliance Inc Little Rock, AR | $5,411,113 | $5,176,832 |
Of One Accord Inc Rogersville, TN | $2,058,166 | $4,725,559 |