Proveg International Incorporated
- Assets
- $4.3m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 5
- Location
- Washington, DC
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 46-3038496
Organization Overview
Proveg International Incorporated is located in Washington, DC. The organization was established in 2016. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Proveg International Incorporated employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Proveg International Incorporated 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, Proveg International Incorporated generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 41.2% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 34.3% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVEG INTERNATIONAL ENGAGES IN EDUCATION, ADVOCACY, GRANTS, POLICY, AND AWARENESS CAMPAIGNS TO HELP EVERYONE CHOOSE DELICIOUS AND HEALTHY FOOD THAT IS GOOD FOR ALL HUMANS, ANIMALS, AND THE PLANET BY REDUCING THE GLOBAL CONSUMPTION OF ANIMALS BY 50% BY 2040
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVEG INTERNATIONAL WAS ACTIVE IN OUTREACH, ADVOCACY, EDUCATION, AND SERVICE. DURING 2021, WE PROVIDED EXTENSIVE INFORMATION ABOUT THE BENEFITS OF PLANT-BASED EATING AND HOW TO IMPROVE PLANT-BASED ADVOCACY. ALONG WITH CONDUCTING ONLINE TRAININGS, WE PROVIDED GRANTS TO INTERNATIONAL GROUPS, SO THEY MAY BETTER IMPROVE ADVOCACY IN THEIR REGIONS AND BEYOND. FOR 2021 AND THROUGH THE GRANTS PROGRAM, WE EXECUTED 6 TRAININGS, DISTRIBUTED 98 GRANTS, HELPED SAVE UP TO 10 MILLION LAND ANIMALS' LIVES, RECEIVED COMMITMENTS TO FEWER ANIMAL DISHES SERVED IN INSTITUTIONS AND CORPORATIONS THAT WOULD AFFECT 344 MILLION PEOPLE, RECEIVED 34 MILLION INDIVIDUAL COMMITMENTS TO FEWER ANIMAL DISHES THROUGH OUR VEGAN CHALLENGES, EXPOSED PLANT- BASED MESSAGES TO OVER 12 MILLION PEOPLE, REPLACED ANIMAL-BASED OR INCREASED PLANT-BASED PRODUCTS OVER 40,000 CORPORATIONS AND INSTITUTIONS, HAD 126,000 INDIVIDUALS WHO PARTICIPATED IN A PLANT-BASED CHALLENGE, REACHED OVER 60,000 PEOPLE AT VARIOUS EVENTS, TRAINED OVER 900 PROFESSIONAL CHEFS IN PLANT-BASED CULINARY ARTS, SUPPORTED AND PARTICIPATED IN 2 ACADEMIC RESEARCHES THAT CONTRIBUTED TO REDUCTION AND ELIMINATION OF ANIMAL CONSUMPTION, AND SUPPORTED 12 POLICIES AND LEGISLATIONS THAT CONTRIBUTED TO REDUCTION AND ELIMINATION OF ANIMAL CONSUMPTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dawn Moncrief President And Treasurer | OfficerTrustee | 5 | $0 |
Tobias Leenaert Secretary | OfficerTrustee | 1 | $0 |
Felix Hnat Board Member | Trustee | 1 | $0 |
Sebastian Joy Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,814,952 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,814,952 |
| Total Program Service Revenue | $0 |
| Investment income | $157 |
| 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 | $2,872,668 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $48,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,232,747 |
| 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 | $187,679 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $16,783 |
| Payroll taxes | $18,280 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $73,095 |
| Fees for services: Accounting | $24,390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $11,742 |
| Office expenses | $7,799 |
| Information technology | $33,185 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,029 |
| 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 | $2,056 |
| All other expenses | $31,516 |
| Total functional expenses | $1,879,396 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,832,314 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $1,486,035 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,318,349 |
| Accounts payable and accrued expenses | $6,974 |
| Grants payable | $83,000 |
| 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 | $89,974 |
| Net assets without donor restrictions | $4,228,375 |
| 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 | $4,318,349 |
Grants Awarded
Over the last fiscal year, Proveg International Incorporated has awarded $48,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
EXPONENTIAL FOODS PURPOSE: Incubator | $24,000 |
KISMET LABS PURPOSE: Incubator | $24,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Proveg International Incorporated has recieved totaling $120,000.
| Awarding Organization | Amount |
|---|---|
Nutritionfacts Org Inc Takoma Park, MD PURPOSE: Evidence-Based Nutrition Advocacy | $100,000 |
Minneapolis Foundation Minneapolis, MN PURPOSE: DONOR-RECOMMENDED, GENERAL | $20,000 |
A Well-Fed World Washington, DC PURPOSE: $25,000 | $0 |
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| Organization Name | Assets | Revenue |
|---|---|---|
The Executive Leadership Council Inc Washington, DC | $54,122,664 | $27,390,915 |
Stoddard Baptist Home Washington, DC | $9,543,224 | $16,392,235 |
Voter Registration Project Washington, DC | $11,195,050 | $17,087,982 |
Robert F Kennedy Center For Justice And Human Rights Washington, DC | $60,116,357 | $7,527,165 |
Mvle Inc Springfield, VA | $9,312,046 | $13,677,162 |
Potomac Institute For Policy Studies Arlington, VA | $5,742,038 | $10,808,828 |
The Daily Planet Inc Richmond, VA | $12,184,739 | $13,097,113 |
Target Community & Educational Services Inc Westminster, MD | $11,202,014 | $11,395,481 |
National Association Of Landscape Professionals Inc Fairfax, VA | $7,212,406 | $10,869,487 |
Bill Of Rights Institute Arlington, VA | $5,390,472 | $9,362,557 |
Good Shepherd India Virginia Beach, VA | $1,558,138 | $7,285,527 |
North American Securities Administrators Association Inc Washington, DC | $25,487,836 | $12,337,192 |