Foodright Inc
- Assets
- $303.5k
- Revenue
- $443.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Milwaukee, WI
- Founding
- 09/2015
- Data as of
- 09/2022
- EIN
- 47-3976982
Organization Overview
Foodright Inc is located in Milwaukee, WI. The organization was established in 2015. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 09/2022, Foodright Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foodright 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 09/2022, Foodright Inc generated $443.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 62.2% each year . All expenses for the organization totaled $361.7k during the year ending 09/2022. 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
1.ORGANIZED AND TAUGHT COOKING BASED NUTRITION EDUCATION PROGRAMS IN MILWAUKEE CENTRAL CITY SCHOOLS UTILIZING IN SCHOOL & AFTER SCHOOL SETTINGS.2.TAUGHT YOUTH ABOUT EDIBLE EDUCATION, INCLUDING GROWING THEIR OWN FOOD AND PRACTICING SUSTAINABLE GARDENING PRACTICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ABOUT 95% OF THE YOUTH THAT ATTENDED COOKING CLASSES QUALIFIED FOR FREE AND REDUCED PRICE LUNCHES THROUGH THE SCHOOL SYSTEM BECAUSE THEIR FAMILIES INCOME WAS BELOW FEDERAL LIMTS CONSIDERED POVERTY LEVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Njoroge President | OfficerTrustee | 1 | $0 |
Matt Wieck Treasurer | OfficerTrustee | 1 | $0 |
Julia Schmitt Secretary | OfficerTrustee | 1 | $0 |
Natosha Harris Director | Trustee | 1 | $0 |
Tanzanique Carrington Director | Trustee | 1 | $0 |
Cortney Dunklin Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $288,357 |
| All other contributions, gifts, grants, and similar amounts not included above | $154,681 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $443,038 |
| Total Program Service Revenue | $0 |
| Investment income | $11 |
| 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 | $443,049 |
| 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 | $244,792 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,340 |
| Payroll taxes | $18,457 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,897 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,803 |
| Office expenses | $3,875 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,750 |
| Travel | $2,196 |
| 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 | $274 |
| Insurance | $2,001 |
| All other expenses | $17,701 |
| Total functional expenses | $361,742 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $102,120 |
| Savings and temporary cash investments | $200,011 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $34 |
| 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 | $302 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $303,467 |
| Accounts payable and accrued expenses | $12,227 |
| 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 | $12,227 |
| Net assets without donor restrictions | $291,240 |
| 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 | $303,467 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Foodright Inc has recieved totaling $100,050.
| Awarding Organization | Amount |
|---|---|
Dohmen Company Foundation Inc Milwaukee, WI PURPOSE: GENERAL SUPPORT | $70,000 |
American Cancer Society Inc Kennesaw, GA PURPOSE: Patient Support | $30,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $50 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eastern Market Corporatioin Detroit, MI | $12,535,453 | $5,663,087 |
Good Acre Saint Paul, MN | $2,161,801 | $2,336,173 |
The Food Shippers Of America Inc Geneva, IL | $1,637,121 | $1,840,645 |
Boone County Fair Association Belvidere, IL | $3,013,747 | $1,687,537 |
Kinship Mke Inc Milwaukee, WI | $4,987,753 | $2,706,784 |
St Vincent De Paul Thrift Store Inc Marshfield, WI | $3,892,280 | $1,717,707 |
Farm Stew International Princeton, IL | $756,525 | $1,608,819 |
Angelic Organics Learning Center Inc Caledonia, IL | $2,139,499 | $1,069,053 |
City Market Inc Bay City, MI | $0 | $954,437 |
Rural Enterprise For Acceptable Living Inc Marshall, MN | $669,406 | $895,554 |
Iowa Restaurant Association West Des Moines, IA | $289,803 | $784,480 |
Health Research Institute Fairfield, IA | $294,811 | $596,439 |