Foodright Inc
- Assets
- $373.2k
- Revenue
- $443.5k
- Investments
- $0.0
- Employees
- 6
- Location
- Milwaukee, WI
- Founding
- 09/2015
- Data as of
- 09/2023
- 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 09/2023, Foodright Inc employed 6 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 09/2023, Foodright Inc generated $443.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 52.7% each year . All expenses for the organization totaled $412.8k during the year ending 09/2023. 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
FOODRIGHT AIMS TO EMPOWER YOUTH TO CHOOSE FOODS THAT SUSTAIN LIFE-LONG HEALTH. THROUGH HANDS-ON, STANDARDS-ALIGNED CURRICULA, K5-12TH GRADE YOUTH LEARN TO COOK AND APPRECIATE HEALTHY, WHOLE PLANT FOODS MADE USING CUISINES FROM AROUND THE WORLD. CLASSROOM LEARNING IS EXTENDED TO THE HOME THROUGH MEAL KITS AND VIRTUAL LESSONS THAT TEACH THE WHOLE FAMILY TO COOK. BY ADVOCATING FOR AND INITIATING CHANGES TO POLICIES, SYSTEMS AND ENVIRONMENTS, WE WORK TO CREATE SCHOOLS AND NEIGHBORHOODS WHERE THE HEALTHY CHOICE IS THE EASY CHOICE. MORE THAN 79% OF THE YOUTH WE SERVE ARE ECONOMICALLY DISADVANTAGED DUE TO SYSTEMIC RACIAL INEQUITIES IN EDUCATION, HEALTH AND FOOD ACCESS. FOODRIGHT WORKS TO ELIMINATE THESE INEQUITIES THROUGH HEALTHY FOOD EDUCATION AND ADVOCACY SO THAT ALL PEOPLE CAN ACCESS AND PREPARE WHOLESOME, SUSTAINABLY-RAISED FOODS THAT PROMOTE LIFE-LONG HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAUGHT 1,305 MILWAUKEE YOUTH (79% DESIGNATED ECONOMICALLY DISADVANTAGED) TO COOK AND ENJOY 710 HEALTHY, AFFORDABLE, PLANT-BASED MEALS IN 575 HANDS-ON LESSONS IN 55 CLASSROOMS. PROVIDED VIRTUAL CULINARY LESSONS AND 1,950 TAKE-HOME MEAL KITS SO THAT STUDENTS AND MORE THAN 4,000 FAMILY MEMBERS COULD LEARN TO COOK AND EAT HEALTHY PLANT-BASED MEALS TOGETHER AT HOME. PARTNERED WITH STAKEHOLDERS TO CREATE HEALTHY SCHOOL ENVIRONMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Kingery CEO | Officer | 2 | $70,000 |
Monique Abujana Board Direct | Trustee | 2 | $0 |
Huma Asghar Board Direct | Trustee | 2 | $0 |
Stacy Bartsch Vice Preside | OfficerTrustee | 2 | $0 |
Nils Dilon Treasurer | OfficerTrustee | 2 | $0 |
Kimberly Njoroge Board Direct | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $354,502 |
| All other contributions, gifts, grants, and similar amounts not included above | $66,484 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $420,986 |
| Total Program Service Revenue | $22,238 |
| Investment income | $302 |
| 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 | $443,526 |
| 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. | $70,000 |
| Compensation of current officers, directors, key employees. | $10,500 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $223,286 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $27,768 |
| Payroll taxes | $21,935 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,518 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,344 |
| Office expenses | $1,112 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,145 |
| Travel | $1,618 |
| 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 | $265 |
| Insurance | $2,221 |
| All other expenses | $9,121 |
| Total functional expenses | $412,764 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,937 |
| Savings and temporary cash investments | $200,312 |
| Pledges and grants receivable | $43,270 |
| Accounts receivable, net | $26 |
| 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 | $669 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $373,214 |
| Accounts payable and accrued expenses | $37,954 |
| 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 | $37,954 |
| Net assets without donor restrictions | $335,260 |
| 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 | $373,214 |