Foodchain

Organization Overview

Foodchain is located in Lexington, KY. The organization was established in 2012. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, Foodchain employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foodchain 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, Foodchain generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $1.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDED EDUCATION AND DEMONSTRATION FOR NEW FOOD SYSTEM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MANY OF FOODCHAIN'S NEIGHBORS RELY ON DOLLAR STORES AND CONVENIENCE MARTS FOR THEIR WEEKLY SHOPPING, WITH LIMITED FUNDS AND TRANSPORTATION AVAILABLE TO GET TO HIGHER QUALITY STORES WITH A GREATER ABUNDANCE OF NUTRITIOUS WHOLE INGREDIENTS. FURTHERMORE, WITH THE RELIANCE ON SNAP DOLLARS AND OTHER FEDERAL FOOD BENEFIT PROGRAMS, THE COMMUNITY HAS BECOME INCREASINGLY DEPENDENT ON HIGHLY-PROCESSED, SHELF-STABLE "JUNK" FOOD FOR THEIR DAILY MEALS, RESULTING IN GENERATIONAL DIET-RELATED ILLNESSES, INCLUDING HEART DISEASE, DIABETES, AND MORE. WHILE THIS HUNGER-OBESITY PARADOX IS IN PART A RESULT OF LIMITED FOOD ACCESS, IT HAS BEEN EXACERBATED BY A DECLINE IN FOOD LITERACY, WHERE FAMILIES NO LONGER HAVE THE KNOWLEDGE, EQUIPMENT, AND FAMILIARITY TO PREPARE MEALS FROM FRESH INGREDIENTS. FOODCHAIN AIMS TO ADDRESS THIS DEFICIENCY BY OFFERING EDUCATIONAL PROGRAMS TO TEACH COOKING SKILLS, EXPOSING FAMILIES TO A WIDER ARRAY OF CUISINES AND FLAVOR PROFILES, INSPIRING MORE ADVENTUROUS EATING AND KITCHEN CONFIDENCE. WITH THIS MINDSET, WE LAUNCHED NOURISH LEXINGTON AT THE START OF THE PANDEMIC TO PROVIDE SCRATCH-MADE NUTRITIOUS MEALS FOR FREE TO FOOD INSECURE INDIVIDUALS IN OUR COMMUNITY, ALONG WITH EDUCATIONAL MATERIALS, ALL WHILE INVESTING RESOURCES INTO OUR LOCAL FOOD ECONOMY THROUGH THE PRIORITIZATION OF LOCALLY FARMED INGREDIENTS, MADE BY AND DISTRIBUTED BY AREA PROFESSIONALS AAND BUSINESSES. OVERTIME, THIS FOOD ACCESS AND FLUENCY PROGRAM WILL CULTIVATE MORE SELF-SUFFICIENT HOUSEHOLDS, AS FOOD INDEPENDENCE LEADS TO GREATER WELFARE AND ECONOMIC SUSTAINABILITY OF A COMMUNITY.


IN MANY URBAN COMMUNITIES LIKE OUR OWN, THERE ARE BOTH HIGH RATES OF UNEMPLOYMENT AND UNFILLED JOBS IN THE LOCAL FOOD ECONOMY. THEREFORE, FOODCHAIN AIMS TO BRIDGE THESE GAPS BY INFORMING RESIDENTS ABOUT JOB PROSPECTS, TRAINING THEM WITH THE NECESSARY KNOWLEDGE FOR WORKING IN KITCHENS AND FOOD FACILITIES, AND EVEN ENCOURAGING THEM TO EMBARK ON ENTERPRISES OF THEIR OWN, BY GROWING OR FOUNDING FOOD BUSINESSES TO FILL THE VOIDS IN THE MARKETPLACE. TO DO THIS MOST EFFECTIVELY, WE'VE SOLIDIFIED DOZENS OF PARTNERSHIPS WITH OTHER ENTITIES, RANGING FROM SOCIAL SERVICE PROVIDERS WHO HELP REFER CLIENTS TO OUR SERVICES AND IDENTIFY NEEDS, ALL THE WAY TO CELEBRATED CHEFS AND ELECTED OFFICIALS WHO UNDERSTAND THE NEED FOR MORE CONFIDENT, PREPARED, AND ENABLED WORKFORCE. BECAUSE OF THESE RICH PARTNERSHIPS, WE WERE WELL-PREPARED AT THE ONSET OF COVID-19 IN 2020 TO PIVOT OUR OPERATIONS TO LINK TOGETHER THESE SAME RESOURCES IN A WAY TO BEST ENSURE FOOD INSECURE COMMUNITIES HAD ACCESS TO FRESHLY-MADE, WHOLESOME MEALS.


WHILE ONE ANSWER TO THE LIMITED ACCESS OF OUR FRESH FOOD IS TO INCREASE ITS AVAILABILITY THROUGH RETAIL, FOODCHAIN BELIEVES IT IS EVEN MORE EMPOWERING TO START AT FOOD PRODUCTION. THEREFORE, WE OPERATE OUR INDOOR, STATE-OF-THE-ART AQUAPONICS SYSTEM, GROWING FISH AND GREENS YEAR-ROUND IN A RECIRCULATING SYSTEM THAT REDUCES WASTE AND CONSERVES RESOURCES, WHILE ALSO GENERATING THOUSANDS OF POUNDS OF FOOD THAT CAN BE USED FOR REVENUE GENERATION AND NUTRITIONAL ACCESS. BY RUNNING OUR FARM AS A DEMONSTRATION FACILITY, HOSTING TOURS AND WORKSHOPS FOR THOUSANDS, WE WORK TO GET INDIVIDUALS MORE INVOLVED IN GROWING WHOLESOME FOOD, UNDERSTANDING WHERE FOOD COMES FROM, AND HOW THESE TECHNIQUES COULD BE REPLICATED ELSEWHERE TO INCREASE AGRICULTURL PRODUCTIVITY WHILE SUBSEQUENTLY MAKING FRESH FOOD AVAILABLE ALL YEAR-ROUND FOR ALL.


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Board, Officers & Key Employees

Name (title)Compensation
Ryan Foster
Director & Treasurer
$0
Ouita Michel
Director
$0
Sharon Stone
Director
$0
Shawn Burns
Director & Chairperson
$0
Shawn Blades
Director
$0
Ka'sondra Brown
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$124,103
Related organizations$0
Government grants $280,080
All other contributions, gifts, grants, and similar amounts not included above$905,722
Noncash contributions included in lines 1a–1f $581,897
Total Revenue from Contributions, Gifts, Grants & Similar$1,309,905
Total Program Service Revenue$26,758
Investment income $13,637
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$13,097
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $4,960
Miscellaneous Revenue$0
Total Revenue $1,350,435

Peer Organizations

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Kroger Co Zero Hunger Zero Waste Foundation
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With Gods Grace
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Of One Accord Inc
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Feed Louisville Inc
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Last Mile Food Rescue
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Senior Services Of Central Illinois Inc
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$5,140,080
Serving Orphans Worldwide Inc
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$4,681,011
Christs Hands Inc
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Highpoint Charitable Services Inc
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Sauk Valley Foodbank
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Nashville Food Project Inc
Nashville, TN
$3,721,852
Hatch Inc
Carmel, IN
$3,259,356
Home Sweet Home Ministries Inc
Bloomington, IL
$3,867,995
Dion S Chicago Dream Inc Nfp
Chicago, IL
$3,636,524
Connecting Kids To Meals Inc
Toledo, OH
$2,895,909
Growing Hope Globally
Western Springs, IL
$2,889,147
Food Outreach Inc
Saint Louis, MO
$2,880,707
A Gift From Ben Inc
Williamsburg, VA
$2,874,041
The Friendship Center
Chicago, IL
$2,804,395
Rose Centers For Aging Well Llc
Cleveland, OH
$2,473,281
Local Environmental Agriculture Project Incorporated
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$2,044,271

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