International Food Information Council Foundation
- Assets
- $2.5m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 11
- Location
- Washington, DC
- Founding
- 01/1992
- Data as of
- 12/2023
- EIN
- 52-1709212
Organization Overview
International Food Information Council Foundation is located in Washington, DC. The organization was established in 1992. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, International Food Information Council Foundation employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Food Information Council Foundation 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, International Food Information Council Foundation generated $3.4m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $3.2m during the year ending 12/2023. While expenses have increased by 7.5% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO EFFECTIVELY COMMUNICATE SCIENCE- BASED INFORMATION ON FOOD SAFETY, NUTRITION AND HEALTH FOR THE PUBLIC GOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPED, CONDUCTED AND DISSEMINATED CONSUMER RESEARCH ON PUBLIC PERCEPTION AND BEHAVIOR ON TOPICS INCLUDE FOOD, HEALTH, NUTRITION, FOOD SAFETY, SUSTAINABILITY AND FOOD PRODUCTION. BASED ON DATA SURVEY FINDINGS, DEVELOPED OUTREACH AND INFORMATION INITIATIVES HIGHLIGHTING RESEARCH FINDINGS.CONVENED MEETINGS AND WEBINARS, ALONE AND IN PARTNERSHIP WITH PUBLIC HEALTH ORGANIZATIONS, TO SHARE INFORMATION ON THE STATE OF EVIDENCE IN FOOD, FOOD INGREDIENTS, DIETARY PATTERNS AND EATING BEHAVIORS AS WELL AS FOOD TECHNOLOGY AND EMERGING PRACTICES IN AGRICULTURAL PRODUCTION.DEVELOPED NUTRITION, FOOD SAFETY AND FOOD PRODUCTION RESOURCES FOR SPANISH- AND PORTUGUESE-SPEAKING AUDIENCES IN LATIN AMERICA.DISSEMINATED SPECIFIC HEALTH- AND DIET-BASED RESOURCES VIA FOODINSIGHT.ORG, INCLUDING EVIDENCE-BASED INFORMATION ON DIETARY PATTERNS, FOOD SAFETY, NUTRIENTS, AGRICULTURAL PRODUCTION AND SWEETENERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Clayton President And CEO - Ended Apr | Officer | 40 | $361,002 |
Silvia Dumitrescu SVP Operations And Engagemen | Officer | 40 | $309,176 |
Wendy Reinhardt Kapsak President And CEO | Officer | 40 | $302,404 |
Anthony Flood Senior Director Food Ingredi | 40 | $152,188 | |
Ronald Sollid Senior Director Nutrition Co | 40 | $146,535 | |
Tamika Sims Senior Director Food Technol | 40 | $130,263 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mathew Greenwald Assoc Researchprog Svcs | 12/30/21 | $131,258 |
Rsm Us Llp Accounting Service | 12/30/21 | $102,529 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $704,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $704,000 |
| Total Program Service Revenue | $2,675,125 |
| Investment income | $36,443 |
| 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 | $3,416,077 |
| 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. | $972,582 |
| Compensation of current officers, directors, key employees. | $115,736 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $615,542 |
| Pension plan accruals and contributions | $78,073 |
| Other employee benefits | $144,614 |
| Payroll taxes | $124,043 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $95,235 |
| Fees for services: Accounting | $116,293 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,064 |
| Fees for services: Other | $488,028 |
| Advertising and promotion | $0 |
| Office expenses | $59,282 |
| Information technology | $11,266 |
| Royalties | $0 |
| Occupancy | $46,485 |
| Travel | $42,707 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $75,970 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,908 |
| Insurance | $1,896 |
| All other expenses | $0 |
| Total functional expenses | $3,173,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $50 |
| Savings and temporary cash investments | $917,715 |
| Pledges and grants receivable | $196,250 |
| 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 | $21,314 |
| Net Land, buildings, and equipment | $15,586 |
| Investments—publicly traded securities | $1,127,808 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $221,366 |
| Total assets | $2,500,089 |
| Accounts payable and accrued expenses | $243,371 |
| Grants payable | $0 |
| Deferred revenue | $444,100 |
| 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 | $223,101 |
| Total liabilities | $910,572 |
| Net assets without donor restrictions | $1,569,517 |
| Net assets with donor restrictions | $20,000 |
| 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 | $2,500,089 |