Melting Pot Foundation Usa Inc
- Assets
- $990.4k
- Revenue
- $773.5k
- Investments
- $0.0
- Employees
- 13
- Location
- Clifton, NJ
- Founding
- 04/2016
- Data as of
- 12/2022
- EIN
- 47-3901620
Organization Overview
Melting Pot Foundation Usa Inc is located in Clifton, NJ. The organization was established in 2016. 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, Melting Pot Foundation USA Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Melting Pot Foundation USA 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 12/2022, Melting Pot Foundation USA Inc generated $773.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $1.3m during the year ending 12/2022. 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 IMPROVE SOCIETY BY CHANGING THE WAY PEOPLE THINK ABOUT EATING THROUGH EDUCATION ABOUT HEALTHY, NATURAL FOODS; TO IMPROVE THE QUALITY OF LIFE AND FUTURE PROSPECTS OF VULNERABLE AND DISADVANTAGED POPULATIONS BY PROVIDING PRACTICAL TRAINING IN THE CULINARY ARTS TO LOCAL COMMUNITIES; AND TO EXPOSE SUCH COMMUNITIES TO A DIFFERENT WAY OF COOKING, USING NATURAL AND FRESH INGREDIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE COMPLETED OUR PILOT PROGRAM FOR A NEW HEALTH AND WELLNESS INITIATIVE IN THE WAKE OF COVID-19. THE DIABETES WELLNESS PROGRAM OPERATED THROUGHOUT 2021 VIA A GRANT FROM NOVO NORDISK. THIS PROGRAM LAUNCHED WITH SEVERAL NEW HIRES, EQUIPMENT, SUPPLIES AS WELL AS ONGOING EXPENSES FOR OUTSOURCED FOOD PRODUCTION, EDUCATION AND STRATEGIC PLANNING. THIS PROGRAM OPERATED UNDER THE 69 BELMONT AVE. ROOF ALONG WITH TRADITIONAL PROGRAMS.
THE CULINARY TRAINING PROGRAM DID NOT OPERATE IN 2021 DUE TO LACK OF FUNDS AND REBUILDING AROUND THE IMPACT OF COVID-19.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Flodmand Chairman | OfficerTrustee | 1 | $0 |
Chris Kossifos Vice Chairman | OfficerTrustee | 1 | $0 |
Claus Meyer Director | Trustee | 1 | $0 |
Taj Bailey Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $103,405 |
| All other contributions, gifts, grants, and similar amounts not included above | $612,682 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $716,087 |
| Total Program Service Revenue | $4,000 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $53,430 |
| 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 | $773,517 |
| 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 | $344,252 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $38,762 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $900 |
| Fees for services: Accounting | $12,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $61,555 |
| Advertising and promotion | $0 |
| Office expenses | $40,495 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $174,004 |
| Travel | $542 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,510 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $453,715 |
| Insurance | $49,097 |
| All other expenses | $4,518 |
| Total functional expenses | $1,292,477 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $749,132 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $66,194 |
| 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 | $13,144 |
| Net Land, buildings, and equipment | $125,257 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,639 |
| Total assets | $990,366 |
| Accounts payable and accrued expenses | $159,855 |
| 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 | $590,332 |
| Secured mortgages and notes payable | $43,889 |
| Unsecured mortgages and notes payable | $668,386 |
| Other liabilities | $4,000 |
| Total liabilities | $1,466,462 |
| Net assets without donor restrictions | -$1,102,607 |
| Net assets with donor restrictions | $626,511 |
| 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 | $990,366 |