Nourish Up
- Assets
- $43.6m
- Revenue
- $19.9m
- Investments
- $14.2m
- Employees
- 57
- Location
- Charlotte, NC
- Founding
- 01/1985
- Data as of
- 09/2023
- EIN
- 56-1398498
Organization Overview
Nourish Up is located in Charlotte, NC. The organization was established in 1985. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 09/2023, Nourish Up employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nourish Up 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, Nourish Up generated $19.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.4% each year . All expenses for the organization totaled $8.5m during the year ending 09/2023. While expenses have increased by 15.2% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO REDUCE THE INCIDENCE OF HUNGER AND MALNUTRITION IN MECKLENBURG COUNTY BY PROCURING AND DISTRIBUTING GROCERIES TO PEOPLE FACING ECONOMIC HARDSHIPS AND TO DELIVER DAILY MEALS IN A CARING AND FRIENDLY MANNER TO INDIVIDUALS IN OUR COMMUNITY WHO ARE UNABLE DUE TO AGE OR INFIRMARY TO PREPARE THEIR OWN MEALS.
Describe the Organization's Program Activity:
DURING OUR FISCAL YEAR THROUGH A NETWORK OF 35 FOOD PANTRIES, INCLUDING A GROCERY HOME DELIVERY PROGRAM, NUTRITIOUS FOOD WAS DISTRIBUTED TO 98,676 PEOPLE IN OUR COMMUNITY IN NEED. THROUGH OUR MEALS ON WHEELS PROGRAM, HEALTHY PREPARED MEALS WERE DELIVERED TO 330 RECIPIENTS WHO LIVE IN THEIR OWN HOMES BUT ARE INFIRM AND CANNOT PREPARE MEALS FOR THEMSELVES AS WELL AS TO THREE ADULT/CHILD DAYCARES.
NOURISH UP DELIVERS MORE THAN 300 MEALS DAILY TO THE ELDERLY, HANDICAPPED, AND CONVALESCING PEOPLE WHO ARE UNABLE OR GREATLY RESTRICTED IN THEIR ABILITY TO PREPARE OR SECURE MEALS AND WHO RESIDE WITHIN AN AREA WE CAN REACH WITH OUR CORPS OF DRIVERS. DELIVERIES ARE AT THE LUNCH HOUR BUT THE MEAL IS A FULL ONE, MORE LIKE WHAT MANY PEOPLE ARE ACCUSTOMED TO FOR DINNER. THIS MEAL CONSISTS OF TWO SEPARATE CONTAINERS, ONE WITH MEAT OR FISH, VEGETABLES AND SUCH, THE OTHER WITH CARBOHYDRATE, SALAD OR FRUIT AND DESSERT. DIET ORDERS ARE OBTAINED FOR ALL CLIENTS FROM THEIR DOCTORS, AND A RANGE OF SPECIAL DIETS ARE AVAILABLE TO FILL DOCTOR'S WRITTEN ORDERS FOR CERTAIN MEDICAL CONDITIONS. WHILE ALL RECIPIENTS ARE ASKED TO PAY FOR THE MEALS BASED ON THEIR ABILITY TO PAY, RECIPIENT INCOME ALONE DOES NOT PAY FOR NOURISH UP. SPONSORS INCLUDE APPROXIMATELY 80 FAITH-BASED COMMUNITIES AND ORGANIZATION, AS WELL AS CIVIC ORGANIZATIONS AND BUSINESSES. OTHER GROUPS WELCOME DONATIONS OF TIME AS VOLUNTEERS OR AS DONORS OF THE FINANCIAL RESOURCES THAT ALLOW US TO SERVE ALL WHO NEED NUTRITIOUS MEALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tina Postel CEO | Officer | 40 | $147,421 |
Aimee Baldwin Director | Trustee | 0 | $0 |
Shelbra Booth Director | Trustee | 0 | $0 |
Eduardo Brea Treasurer | OfficerTrustee | 0 | $0 |
Darius Chase Director | Trustee | 0 | $0 |
R Michael Elliot Secretary | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $32,179 |
| Related organizations | $0 |
| Government grants | $1,273,393 |
| All other contributions, gifts, grants, and similar amounts not included above | $17,890,083 |
| Noncash contributions included in lines 1a–1f | $3,098,029 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,195,655 |
| Total Program Service Revenue | $273,626 |
| Investment income | $378,909 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$43,140 |
| Net Gain/Loss on Asset Sales | $12,557 |
| Net Income from Fundraising Events | $28,170 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,856,498 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,141,721 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $180,073 |
| Compensation of current officers, directors, key employees. | $54,022 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,879,224 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $344,269 |
| Payroll taxes | $161,774 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $198,976 |
| Advertising and promotion | $0 |
| Office expenses | $44,230 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $284,198 |
| Travel | $30,463 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $176,818 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $385,737 |
| Insurance | $30,937 |
| All other expenses | $236,230 |
| Total functional expenses | $8,519,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,159,041 |
| Savings and temporary cash investments | $930,692 |
| Pledges and grants receivable | $8,771,552 |
| 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 | $264,107 |
| Prepaid expenses and deferred charges | $526,148 |
| Net Land, buildings, and equipment | $15,691,646 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $14,201,411 |
| Investments—program-related | $0 |
| Intangible assets | $80,832 |
| Other assets | $0 |
| Total assets | $43,625,429 |
| Accounts payable and accrued expenses | $180,654 |
| 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 | $6,383,007 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,193,825 |
| Total liabilities | $7,757,486 |
| Net assets without donor restrictions | $23,438,344 |
| Net assets with donor restrictions | $12,429,599 |
| 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 | $43,625,429 |
Grants Awarded
Over the last fiscal year, Nourish Up has awarded $61,569 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ANCHOR BAPTIST CHURCH PURPOSE: TO PROVIDE FAMILIES IN NEED WITH FOOD | $47,027 |
OTHER ORGANIZATIONS RECEIVING ASSISTANCE PURPOSE: TO PROVIDE FAMILIES IN NEED WITH FOOD | $14,542 |