Local Food Works Foundation
- Assets
- $23.4k
- Revenue
- $9.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Salina, KS
- Founding
- 05/2018
- Data as of
- 12/2019
- EIN
- 82-4713356
Organization Overview
Local Food Works Foundation is located in Salina, KS. The organization was established in 2018. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Local Food Works 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 12/2019, Local Food Works Foundation generated $9.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (34.3%) each year. All expenses for the organization totaled $2.7k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (37.1%) per year over the past 2 years. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
LOCAL FOOD WORKS FOUNDATION FACILITATES CONNECTIVITY AND GROWTH IN LOCAL FOOD AVENUES THROUGH EDUCATION AND RESOURCE DEVELOPMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LOCAL FOOD WORKS FOUNDATION FACILITATES CONNECTIVITY AND GROWTH IN LOCAL FOOD AVENUES THROUGH EDUCATION AND RESOURCE DEVELOPMENT.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Bowden Vice President | Trustee | 5 | $0 |
John Holmquist Treasurer | Trustee | 5 | $0 |
Mike Soetaert President | Trustee | 5 | $0 |
Gayle Martin Secretary | Trustee | 5 | $0 |
Amanda Stirn Director | Trustee | 5 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| 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 | $9,919 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,919 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $500 |
| Office expenses | $411 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $1,280 |
| All other expenses | $0 |
| Total functional expenses | $2,691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,393 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,393 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $16,164 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $7,229 |
| Total liabilities and net assets/fund balances | $23,393 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Local Food Works Foundation has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Greater Salina Community Foundation Salina, KS PURPOSE: Operating | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Charterchoice Collaborative Sfa Denver, CO | $2,678,957 | $8,056,334 |
Just Food Of Douglas County Inc Lawrence, KS | $2,657,319 | $3,666,503 |
Providers Network Inc Lincoln, NE | $216,671 | $1,920,685 |
Boulder County Farmers Market Longmont, CO | $1,049,781 | $2,025,906 |
Oklahoma Restaurant Association Oklahoma City, OK | $968,278 | $1,465,043 |
Rocky Mountain Farmers Union Educational And Charitable Denver, CO | $1,812,401 | $1,385,913 |
Wheat Foods Council Littleton, CO | $1,017,529 | $727,884 |
Amercian Cheese Society Inc Aurora, CO | $879,353 | $747,562 |
City Greens Market Saint Louis, MO | $83,401 | $367,055 |
Kirchner Impact Foundation Glen Haven, CO | $793,810 | $530,000 |
Upcycled Food Association Greenwood Village, CO | $220,649 | $426,474 |
Wells For Life Shawnee, KS | $136,788 | $262,385 |