10 Chefs Inc
- Assets
- $95.8k
- Revenue
- $408.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Anchorage, AK
- Founding
- 02/2019
- Data as of
- 12/2023
- EIN
- 82-4993802
Organization Overview
10 Chefs Inc, operating under the name 10 Chefs for Causes, is located in Anchorage, AK. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 10 Chefs for Causes 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, 10 Chefs for Causes generated $408.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $411.2k during the year ending 12/2023. While expenses have increased by 6.8% per year over the past 5 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.
Since 2019, 10 Chefs for Causes has awarded 34 individual grants totaling $1,071,463. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO USE THE INCREDIBLE SKILLS OF OUR CHEFS, COMBINED WITH GOOD FOOD AND WINE TO BENEFIT THE ANCHORAGE COMMUNITY BY PARTNERING WITH TEN LOCAL CHARITABLE ORGANIZATIONS. THE NET PROCEEDS FROM THIS EVENT ARE SPLIT EQUALLY BETWEEN EACH OF THE SELECTED NON-PROFIT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
10 CHEFS FOR CAUSES HELD ONE EVENT IN 2023 TO RAISE FUNDS AND SHOWCASE LOCAL CHEF TALENT. NET PROCEEDS FROM THE EVENT WERE DISTRIBUTED TO 10 CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bradley Evans President | OfficerTrustee | 1.5 | $0 |
Patrick Hoogerhyde Treasurer | OfficerTrustee | 1.5 | $0 |
Nancy Alip Secretary | OfficerTrustee | 1.5 | $0 |
Van Hale Director | Trustee | 1.5 | $0 |
Kelly Nichols Director | Trustee | 1.5 | $0 |
Brett Knipmeyer Director | Trustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $142,000 |
| 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 | $142,000 |
| 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 | $266,926 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $408,926 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $408,501 |
| 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. | $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 | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,165 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $411,166 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,782 |
| 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 | $95,782 |
| 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 | $95,782 |
| Net assets with donor restrictions | $0 |
| 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 | $95,782 |
Grants Awarded
Over the last fiscal year, 10 Chefs Inc has awarded $408,501 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS CLUBS OF SOUTHCENTRAL ALASKA PURPOSE: General support | $69,427 |
AMERICAN CANCER SOCIETY PURPOSE: General support | $29,383 |
AMERICAN FOUNDATION FOR SUICIDE PREVENTION PURPOSE: General support | $40,044 |
THE TEARS FOUNDATION PURPOSE: General support | $29,383 |
FOOD BANK OF ALASKA PURPOSE: General support | $40,044 |
ALASKA POLICE & FIRE CHAPLAINS PURPOSE: General support | $40,044 |