Feast Inc
- Assets
- $254.6k
- Revenue
- $601.7k
- Investments
- $0.0
- Employees
- 12
- Location
- Los Angeles, CA
- Founding
- 09/2014
- Data as of
- 12/2023
- EIN
- 46-4312265
Organization Overview
Feast Inc is located in Los Angeles, CA. 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 12/2023, Feast Inc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Feast 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, Feast Inc generated $601.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVE LONG-TERM HEALTH AND WELLNESS IN LOW-INCOME COMMUNITIES BY CREATING A NETWORK OF EDUCATIONAL SUPPORT GROUPS AND ENHANCING ACCESS TO HEALTHY, UNPROCESSED FOODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY FOOD ACCESS PROGRAM: RECOVERS HIGH QUALITY FARM-FRESH PRODUCE IN PARTNERSHIP WITH LA FOOD RECOVERY ORGANIZATIONS, PROVIDING WEEKLY FOOD DISTRIBUTIONS TO PARTICIPANTS' HOUSEHOLDS. IN 2023, FEAST DISTRIBUTED OVER 50,000LBS OF RECOVERED PRODUCE TO OUR PROGRAM PARTICIPANTS AND COMMUNITY AT LARGE. TO FACILITATE THE DISTRIBUTION OF FOOD, FEAST DELIVERS THE BAGGED PRODUCE EITHER DIRECTLY TO PARTICIPANTS' HOMES, OR TO OUR PROGRAM SITES, WHERE PARTICIPANTS ARE ABLE TO ACCESS THE FOOD WITHOUT ADDITIONAL TRANSPORTATION NEEDS. IN ADDITION, OUR FOOD ACCESS PROGRAM DELIVERS FOOD SCHOLARSHIPS TO PROGRAM PARTICIPANTS WEEKLY WHILE THEY ARE ENROLLED IN ONE OF OUR CORE PROGRAMS (WELLNESS/FAMILY FEEDING)# OF PEOPLE SERVED: 1,144 (INCLUDES PARTICIPANTS + COMMUNITY MEMBERS SERVED WITH EITHER FOOD SCHOLARSHIPS, FRESH PRODUCE, DIRECT ASSISTANCE OR A COMBINATION OF THESE SERVICES)
CORE CURRICULUMS PROGRAM - IN ORDER TO PROMOTE SUSTAINABLE HEALTH AND WELLNESS, FEAST OFFERS TWO FOOD EDUCATION CURRICULUMS: WELLNESS AND FAMILY FEEDING. (SEE SCHEDULE O)
LEADERSHIP TRAINING PROGRAM: FEAST'S PATH TO SCALE INCLUDES PROVIDING THREE-DAY LEADERSHIP TRAINING FOR COMMUNITY MEMBERS AND HEALTH EDUCATORS. ONCE TRAINED, THESE LEADERS ARE PREPARED TO BRING FEAST'S PROGRAMS TO THEIR COMMUNITIES AND TEACH OUR CURRICULUM AND PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ave Lambert President/executive Director | OfficerTrustee | 37 | $122,009 |
Amanda Railla Board Chair | OfficerTrustee | 2 | $0 |
Rachel Szabo External Vice Chair | OfficerTrustee | 2 | $0 |
Daniel Fine Board Treasurer | OfficerTrustee | 4 | $0 |
Kip Pastor Board Secretary | OfficerTrustee | 4 | $0 |
Fatima Cook Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $34,184 |
| Related organizations | $0 |
| Government grants | $74,390 |
| All other contributions, gifts, grants, and similar amounts not included above | $469,378 |
| Noncash contributions included in lines 1a–1f | $157,452 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $577,952 |
| Total Program Service Revenue | $46,731 |
| Investment income | $25 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,645 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$32,071 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $601,747 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $33,788 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $220,256 |
| Compensation of current officers, directors, key employees. | $20,837 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $406,496 |
| Pension plan accruals and contributions | $2,541 |
| Other employee benefits | $42,286 |
| Payroll taxes | $52,993 |
| Fees for services: Management | $4,972 |
| Fees for services: Legal | $17,350 |
| Fees for services: Accounting | $26,966 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $223,658 |
| Advertising and promotion | $1,308 |
| Office expenses | $151,876 |
| Information technology | $6,700 |
| Royalties | $0 |
| Occupancy | $59,768 |
| Travel | $14,008 |
| 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 | $588 |
| Insurance | $4,887 |
| All other expenses | $0 |
| Total functional expenses | $1,337,464 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $198,833 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,068 |
| 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 | $750 |
| Net Land, buildings, and equipment | $4,904 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $254,555 |
| Accounts payable and accrued expenses | $38,536 |
| Grants payable | $0 |
| Deferred revenue | $20,800 |
| 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 | $25,000 |
| Other liabilities | $0 |
| Total liabilities | $84,336 |
| Net assets without donor restrictions | $170,219 |
| 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 | $254,555 |