Project Feast is located in Kent, WA. The organization was established in 2014. 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 12/2022, Project Feast employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Feast 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 12/2022, Project Feast generated $453.8k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $376.2k during the year ending 12/2022. While expenses have increased by 13.2% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM THE LIVES OF REFUGEES AND IMMIGRANTS BY PROVIDING PATHWAYS TO SUSTAINABLE EMPLOYMENT IN THE FOOD INDUSTRY AND TO ENRICH OUR COMMUNITY THROUGH EXPLORING ETHNIC CULTURE AND CUISINE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Khanh-Van Nguyen Executive Director | Officer | 40 | $64,200 |
Wesley Nguyen Board President | OfficerTrustee | 2 | $0 |
Justin Smith Board Secretary | OfficerTrustee | 2 | $0 |
Ping-Yuan Wang Board Treasurer | OfficerTrustee | 2 | $0 |
Cheryl Jenrow Board Member | Trustee | 2 | $0 |
Radhika Makhija Board Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $25,743 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $382,577 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $408,320 |
Total Program Service Revenue | $47,757 |
Investment income | $102 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $5,545 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$8,427 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $453,768 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $4,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $78,030 |
Compensation of current officers, directors, key employees. | $19,508 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $125,913 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $12,950 |
Payroll taxes | $20,214 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,754 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,340 |
Advertising and promotion | $485 |
Office expenses | $7,231 |
Information technology | $2,551 |
Royalties | $0 |
Occupancy | $20,388 |
Travel | $610 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $286 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,091 |
Insurance | $3,532 |
All other expenses | $0 |
Total functional expenses | $376,241 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $83,460 |
Savings and temporary cash investments | $75,128 |
Pledges and grants receivable | $0 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $33,539 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,150 |
Total assets | $193,277 |
Accounts payable and accrued expenses | $15,276 |
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 | $15,276 |
Net assets without donor restrictions | $173,552 |
Net assets with donor restrictions | $4,449 |
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 | $193,277 |
Over the last fiscal year, we have identified 7 grants that Project Feast has recieved totaling $157,569.
Awarding Organization | Amount |
---|---|
The Seattle Foundation Seattle, WA PURPOSE: TO PROVIDE GENERAL SUPPORT; GENERAL OPERATING SUPPORT/COVID-19 RELIEF EFFORTS | $70,000 |
Sheng-Yen Lu Foundation Redmond, WA PURPOSE: BASIC NEEDS SUPPORT & EVENT SPONSORSHIP | $36,200 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $33,134 |
Organization Name not Listed PURPOSE: Grant to Good Food Kitchens Partner to provide meals to the community. | | $8,172 |
Laucks Foundation Inc Seattle, WA PURPOSE: HELPING REFUGEES AND IMMIGRANTS FIND WORTHWHILE JOBS IN THE FOOD INDUSTRY | $5,000 |
Max & Victoria Dreyfus Foundation Washington, DC PURPOSE: CULINARY SKILLS APPRENTICESHIP PROGRAM | $5,000 |
Organization Name | Assets | Revenue |
---|---|---|
Eastwest Food Rescue Woodinville, WA | $282,808 | $35,092,299 |
Emergency Food Network Of Tacoma And Pierce County Lakewood, WA | $9,747,174 | $30,367,763 |
Meals On Wheels People Inc Portland, OR | $42,017,296 | $20,790,063 |
Urban Gleaners Portland, OR | $1,835,186 | $7,054,041 |
Gleaners Of Clackamas County Incorporated Oregon City, OR | $819,886 | $6,287,865 |
Columbia Gorge Helping Hands Food Salvage Corbett, OR | $237,278 | $3,147,963 |
Miracle Food Network Inc Ferndale, WA | $132,443 | $2,845,649 |
Downtown Soup Kitchen Anchorage, AK | $3,912,981 | $1,984,235 |
Food Share Of Lincoln County Newport, OR | $1,236,835 | $1,639,814 |
Hunger Intervention Program Seattle, WA | $647,134 | $1,130,043 |
Institute For Washingtons Future Bellingham, WA | $766,506 | $1,303,419 |
Oregon Childrens Outreach Gresham, OR | $272,560 | $1,172,990 |