Food Finders Inc
- Assets
- $1.6m
- Revenue
- $33.0m
- Investments
- $0.0
- Employees
- 28
- Location
- Los Alamitos, CA
- Founding
- 07/1990
- Data as of
- 12/2023
- EIN
- 33-0412749
Organization Overview
Food Finders Inc is located in Los Alamitos, CA. The organization was established in 1990. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, Food Finders Inc employed 28 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Finders 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 12/2023, Food Finders Inc generated $33.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $33.1m during the year ending 12/2023. While expenses have increased by 9.9% per year over the past 9 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 2020, Food Finders Inc has awarded 259 individual grants totaling $88,425,390. 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
TO ELIMINATE HUNGER AND FOOD WASTE WHILE IMPROVING NUTRITION IN FOOD INSECURE COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN FEBRUARY 1989, FOOD FINDERS, INC. (ORGANIZATION) IS A FOOD RECOVERY ORGANIZATION THAT LINKS SURPLUS FOOD DONATIONS FROM LOCAL BUSINESSES TO OUR NON-PROFIT PARTNERS THAT PROVIDE MEAL OR PANTRY SERVICES. ITS PRIMARY GOAL IS TO REDUCE FOOD WASTE WHILE ALSO FEEDING THOSE IN NEED AND REDUCING HUNGER. THE ORGANIZATION SERVES ALL OF LOS ANGELES, ORANGE, RIVERSIDE AND SAN BERNARDINO COUNTIES, WORKING WITH MORE THAN 700 FOOD DONORS AND SERVING MORE THAN 400 NONPROFIT PARTNERS.CURRENTLY 38% OF THE U.S. FOOD SUPPLY REMAINS UNEATEN OR UNSERVED WHILE 1 IN 4 HOUSEHOLDS ARE EXPERIENCING FOOD INSECURITY. FOOD FINDERS MISSION IS ADDRESSING THESE TWO INTERSECTING ISSUES TO ELIMINATE HUNGER A FOOD WASTE WHILE AT THE SAME TIME IMPROVING NUTRITION IN THE FOOD INSECURE COMMUNITIES WE SERVE. IN 2023 WE RESCUED NEARLY 16 MILLION POUNDS OF FOOD, PROVIDING OVER 13.5 MILLION MEALS, SAVED OVER 7 BILLION GALLONS OF WATER AND DIVERTED OVER 8.7 MILLION POUNDS OF METHANE GAS FROM LANDFILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shankar Ram President | Trustee | 2 | $0 |
Garrett Brief Director | OfficerTrustee | 2 | $0 |
Linda Simpkins Secretary | OfficerTrustee | 2 | $0 |
Jerry Heikens Director | Trustee | 2 | $0 |
Nishat Ahmed Director | Trustee | 2 | $0 |
Jeff Pace Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $10,000 |
| Fundraising events | $62,948 |
| Related organizations | $0 |
| Government grants | $412,007 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,525,597 |
| Noncash contributions included in lines 1a–1f | $31,011,597 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $33,010,552 |
| Total Program Service Revenue | $0 |
| Investment income | $25,849 |
| 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 | $33,036,401 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $31,673,655 |
| 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. | $85,000 |
| Compensation of current officers, directors, key employees. | $51,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $742,140 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,718 |
| Payroll taxes | $67,669 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,795 |
| Advertising and promotion | $39,726 |
| Office expenses | $73,848 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $91,115 |
| Travel | $4,589 |
| 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 | $49,448 |
| Insurance | $42,387 |
| All other expenses | $7,476 |
| Total functional expenses | $33,078,236 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $789,371 |
| Savings and temporary cash investments | $1,130 |
| Pledges and grants receivable | $54,569 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $71,443 |
| Prepaid expenses and deferred charges | $7,899 |
| Net Land, buildings, and equipment | $271,832 |
| Investments—publicly traded securities | $270,221 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $107,727 |
| Total assets | $1,574,192 |
| Accounts payable and accrued expenses | $53,514 |
| 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 | $102,802 |
| Total liabilities | $156,316 |
| Net assets without donor restrictions | $1,051,566 |
| Net assets with donor restrictions | $366,310 |
| 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 | $1,574,192 |
Grants Awarded
Over the last fiscal year, Food Finders Inc has awarded $59,238,338 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS NONPROFITS PURPOSE: FEED THE HUNGRY | $27,262,620 |
FARMLINK PURPOSE: DISTRIBUTION OF REMAINING FISCAL SPONSORSHIP FUNDS. | $2,178,445 |
FARMLINK PURPOSE: DISTRIBUTION OF REMAINING FISCAL SPONSORSHIP FUNDS. | $2,534,653 |
VARIOUS NONPROFITS PURPOSE: FEED THE HUNGRY | $27,262,620 |