Coastal Foodshed Inc

Organization Overview

Coastal Foodshed Inc is located in New Bedford, MA. The organization was established in 2018. According to its NTEE Classification (K40) the organization is classified as: Nutrition, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2022, Coastal Foodshed Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Coastal Foodshed 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 12/2022, Coastal Foodshed Inc generated $587.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $421.0k during the year ending 12/2022. While expenses have increased by 10.8% per year over the past 4 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

A PUBLIC HEALTH INITIATIVE WORKING TO MAKE HEALTHY LOCAL FOODS MORE AVAILABLE, MORE ACCESSIBLE, AND MORE FAMILIAR BY CONNECTING LOCAL GROWERS WITH LOCAL CONSUMERS AS WELL AS PROVIDING EDUCATION AROUND LOCAL FOOD, NUTRITION AND REGENERATIVE AGRICULTURE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MOBILE FARM STANDS, UTILIZING OVER 25 VENDORS AND LOCAL FOOD PRODUCERS AND WHOLESALE COSTS AND RESELL WITHIN UNDERSERVED NEIGHBORHOODS.YEAR-ROUND FARMERS MARKETS WORKING WITH LOCAL VENDORS TO DIRECTLY SELL THEIR PRODUCTS WEEKLY TO HUNDREDS OF CUSTOMERS. CURRENTLY REACHING OVER 15,000 COMMUNITY MEMBERS ANNUALLY.EDUCATIONAL PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Joseph Tavares
Treasurer
$0
Karen Schwalbe
President
$0
Steven Murray
Clerk
$0
Justin Shepard
Director
$0
Stephanie Perks
Executive Director
$65,288

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $239,317
All other contributions, gifts, grants, and similar amounts not included above$269,798
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$509,115
Total Program Service Revenue$43,530
Investment income $0
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 $35,204
Miscellaneous Revenue$0
Total Revenue $587,849

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