Global Food Partners Inc
- Assets
- $2.1m
- Revenue
- $302.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 10/2019
- Data as of
- 12/2021
- EIN
- 83-4490695
Organization Overview
Global Food Partners Inc is located in Washington, DC. The organization was established in 2019. According to its NTEE Classification (K03) the organization is classified as: Professional Societies & Associations, 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. Global Food Partners 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, Global Food Partners Inc generated $302.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (30.3%) each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GLOBAL FOOD PARTNERS IS A MULTI-NATIONAL CONSULTANCY WHOSE MISSION IS TO HELP FOOD BUSINESSES MEET THEIR CAGE-FREE EGG COMMITMENTS AND PRODUCERS IMPLEMENT CAGE-FREE BEST PRACTICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GLOBAL FOOD PARTNERS (GFP) IS IN THE PROCESS OF ESTABLISHING CAGE-FREE EGG TRAINING CENTRES IN CHINA AND INDONESIA, THE LEADING AND 7TH LARGEST EGG PRODUCING COUNTRIES IN THE WORLD, RESPECTIVELY. THE OBJECTIVE OF THESE TRAINING CENTRES IS TO PROVIDE LOCALISED SUPPORT AND PRACTICAL TRAINING IN BEST PRACTICE CAGE-FREE MANAGEMENT AND PRODUCTION FOR PRODUCERS AND OTHER INDUSTRY STAKEHOLDERS FROM INDONESIA, CHINA AND THROUGHOUT THE REGION.
CORPORATE ENGAGEMENT WORK: WE ASSIST LEADING CORPORATIONS AND FOOD BUSINESSES DEVELOP ROADMAPS TO MEET THEIR CAGE-FREE COMMITMENTS GLOBALLY.
PRODUCER ENGAGEMENT WORK: WE WORK WITH EGG PRODUCERS TO PROVIDE TECHNICAL GUIDANCE AND EXPERTISE ON HOW TO IMPLEMENT BEST PRACTICE CAGE-FREE SYSTEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elissa Lane Chair | OfficerTrustee | 40 | $0 |
Sabina Garcia Secretary (thru 03/22) | OfficerTrustee | 40 | $0 |
Jayasimha Nuggehalli Treasurer | OfficerTrustee | 40 | $0 |
Vandhana Bala Secretary (as Of 04/22) | OfficerTrustee | 40 | $128,640 |
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 | $302,172 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $302,172 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $302,172 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $98,075 |
| Fees for services: Accounting | $5,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,013,693 |
| Advertising and promotion | $20,617 |
| Office expenses | $49,615 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,087 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,530 |
| All other expenses | $136,294 |
| Total functional expenses | $1,396,926 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,411,650 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $724,671 |
| 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 | $2,136,321 |
| 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 | $2,136,321 |
| 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 | $2,136,321 |