Food System 6 Accelerator Inc

Organization Overview

Food System 6 Accelerator Inc is located in Redwood City, CA. The organization was established in 2017. According to its NTEE Classification (K19) the organization is classified as: Support N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Food System 6 Accelerator Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food System 6 Accelerator 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 12/2021, Food System 6 Accelerator Inc generated $347.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $617.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

MISSIONFOOD SYSTEM 6 (FS6) IS A NON-PROFIT BASED IN THE SAN FRANCISCO BAY AREA WHOSE MISSION IS TO SUPPORT IMPACT DRIVEN ENTREPRENEURS AS THEY TRANSFORM HOW WE GROW, PRODUCE, AND DISTRIBUTE FOOD. THE ORGANIZATION RUNS A COMPREHENSIVE ACCELERATOR PROGRAM THAT MENTORS ENTREPRENEURS BY COACHING THEM THROUGH A WIDE RANGE OF BUSINESS AND ORGANIZATIONAL NEEDS. FS6 ALSO WORKS TO EDUCATE STAKEHOLDERS ON THE UNIQUE CAPITAL NEEDS AS RELATED TO REDEFINING THE FOOD SYSTEM.THE FS6 PROGRAM PRIORITIZES WORKING WITH ENTREPRENEURS WHO ARE BUILDING A FOOD SYSTEM THAT FOCUSES ON HEALTH, SUSTAINABILITY, AND JUSTICE - WHETHER THROUGH FOOD-TECH, SUPPLY CHAIN, OR ACCESS-FOCUSED SOLUTIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FS6 PROGRAM FOR COHORT 6 WAS SUCCESSFULLY COLLABORATED WITH HUHTAMAKI:SUSTAINABLE FOOD PACKAGING SOLUTIONS TO RUN THE "CIRCULAR ECONOMY" ACCELERATOR PROGRAM. THE PROGRAM PURPOSE WAS TO SUPPORT THE DEVELOPMENT OF YOUNG AND PROMISING COMPANIES REDUCING WASTE BY DESIGNING CIRCULAR SOLUTIONS THAT ENSURE A BETTER AND MORE SUSTAINABLE FUTURE.


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Board, Officers & Key Employees

Name (title)Compensation
Caesare Assadfinal 2021
CEO
$160,000
Peter Ahern
COO
$90,865
Peter Herz
Secretary
$0
Renske Lynde
President
$0
Isabelle Francois
Director
$0
Allison Hagey
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $62,500
All other contributions, gifts, grants, and similar amounts not included above$281,392
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$343,892
Total Program Service Revenue$3,599
Investment income $44
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 $347,535

Grants Awarded

Over the last fiscal year, Food System 6 Accelerator Inc has awarded $275,000 in support to 4 organizations.

Grant RecipientAmount

NAFICI ENVIRONMENTAL RESEARCH

|

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$100,000

CAPAY VALLEY FARM SHOP

|

|

$75,000

SOLUBLUE LTD

|

|

$50,000

ANDES AG INC

|

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$50,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Food System 6 Accelerator Inc has recieved totaling $30,000.

Awarding OrganizationAmount
Seeding The Future Foundation

Wilmington, DE

PURPOSE: GENERAL & UNRESTRICTED

$30,000
View Grant Recipient Profile

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