Food To Power
- Assets
- $3.4m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 42
- Location
- Colorado Springs, CO
- Founding
- 10/2016
- Data as of
- 12/2022
- EIN
- 46-3665741
Organization Overview
Food To Power is located in Colorado Springs, CO. The organization was established in 2016. 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 12/2022, Food To Power employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food To Power 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, Food To Power generated $4.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 59.0% each year . All expenses for the organization totaled $3.3m during the year ending 12/2022. While expenses have increased by 65.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CULTIVATE A HEALTHY, EQUITABLE FOOD SYSTEM IN THE GREATER COLORADO SPRINGS COMMUNITY THROUGH INTEGRATED NEIGHBORHOOD-BASED PROGRAMS PROMOTING FRESH FOOD ACCESS, EDUCATION, AND GROWING OPPORTUNITIES.TO CULTIVATE A HEALTHY, EQUITABLE FOOD SYSTEM IN THE GREATER COLORADO SPRINGS COMMUNITY THROUGH INTEGRATED NEIGHBORHOOD-BASED PROGRAMS PROMOTING FRESH FOOD ACCESS, EDUCATION, AND GROWING OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOOD RESCUE/NO COST GROCERY PROGRAMS: WEEKLY RESIDENT-LED HEALTHY FOOD DISTRIBUTION PROGRAMS THAT SERVED FOOD INSECURE INDIVIDUALS, WITH ADDITIONAL INDIVIDUALS SERVED THROUGH NONPROFIT FOOD RESCUE PARTNERSHIPS. IN 2020, CSFR RECEIVED AND DISTRIBUTED FOOD WITH THE VALUE OF 1,232,170.
GENERAL ADMINISTRATION
PARTICIPATORY ACTION RESEARCH: IN PARTNERSHIP WITH EL PASO COUNTY PUBLIC HEALTH (HEAR AFTER EPCPH), CSFR IS CONDUCTING RESEARCH FOR EL PASO COUNTY'S FIRST FOOD SYSTEMS ASSESSMENT, THE PURPOSE OF WHICH IS TO DETERMINE POLICY, SYSTEMS, AND ENVIRONMENTAL CHANGES RECOMMENDED BY RESIDENTS OF FOUR NEIGHBORHOODS IN SOUTHEAST COLORADO SPRINGS. THE WORK IN THE COMMUNITY ENTAILS NEIGHBORHOOD ENGAGEMENT, POLICY AUDITS, FOCUS GROUP FACILITATION, MARKET ANALYSIS, INDIVIDUAL INTERVIEWS, LEADERSHIP DEVELOPMENT, CREATION OF NEIGHBORHOOD FOOD COUNCILS, COMMUNITY FOOD FAIRS, AND OTHER EDUCATIONAL OPPORTUNITIES.
SOIL CYCLE: LAUNCHED IN 2018, SOIL CYCLE IS CSFR'S FIRST SOCIAL ENTERPRISE, A RESIDENTIAL COMPOSTING SERVICE. THE SERVICE COVERS THE ENTIRE DOWNTOWN CORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Cameron Co-Chair | Trustee | 2.5 | $0 |
Brian Fritz Member | Trustee | 2.5 | $0 |
Pat Hansen Member | Trustee | 2.5 | $0 |
Patricia Hansen Member | Trustee | 2.5 | $0 |
Molly Hanson Member | Trustee | 2.5 | $0 |
Dominque Harris Co-Chair | Trustee | 2.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $999,996 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,735,588 |
| Noncash contributions included in lines 1a–1f | $2,267,762 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,735,584 |
| Total Program Service Revenue | $101,089 |
| Investment income | $776 |
| 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 | $4,837,449 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $575,714 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $44,611 |
| Payroll taxes | $48,970 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,500 |
| Fees for services: Accounting | $41,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $11,615 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,398 |
| Advertising and promotion | $28,170 |
| Office expenses | $5,297 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $100,433 |
| Travel | $1,490 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,286 |
| Interest | $1,638 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $18,334 |
| All other expenses | $61,049 |
| Total functional expenses | $3,342,970 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $411,974 |
| Savings and temporary cash investments | $228,138 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $705,986 |
| 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 | $2,060,363 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,500 |
| Total assets | $3,421,961 |
| Accounts payable and accrued expenses | $3,478 |
| 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 | $48,008 |
| Total liabilities | $51,486 |
| Net assets without donor restrictions | $3,370,475 |
| 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 | $3,421,961 |