50by40 Inc
- Assets
- $254.7k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 4
- Location
- Leawood, KS
- Founding
- Data as of
- 12/2021
- EIN
- 84-4814993
Organization Overview
50by40 Inc is located in Leawood, KS. As of 12/2021, 50by40 Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 50by40 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, 50by40 Inc generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $1.0m 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
WE ARE A GLOBAL, COLLECTIVE IMPACT ORGANIZATION AIMING TO CUT THE GLOBAL PRODUCTION AND CONSUMPTION OF ANIMAL PRODUCTS BY 50% BY 2040.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DANCING FOXCREATED 50BY40 STORY GUIDE - AN ILLUSTRATED NARRATIVE THAT HELPS TELL THE STORY OF FOOD SYSTEMS TRANSFORMATION THROUGH THE LENS OF 50BY40 - AND ITS ALLIES AND PARTNERS. THE STORY GUIDE INTEGRATES PARTNER AND ALLY EFFORTS, A STORYTELLING AGENCY, AND THE 50BY40 SECRETARIAT. THE GUIDE LAYS OUT 50BY40'S STORY MAP, OUR ARCHETYPE, AND THE SEVEN SHIFTS NECESSARY TO REALIZE THE FULL POTENTIAL OF 50BY40.
FOOD FUNDERS CIRCLE50BY40S FOOD FUNDER CIRCLES ARE THEMATIC ONE-HOUR FUNDRAISING EVENTS WHERE THREE-FOUR PARTNERS ARE SELECTED TO PRESENT TO FOUNDATIONS AND HIGH-LEVEL INVESTORS, INDIVIDUALS INTERESTED IN THE CHOSEN TOPIC. NO FUNDING IS ALLOCATED THROUGH 50BY40 - ONLY THE ATTENDEES AND PARTICIPATING PARTNERS. TO DATE, WE HAVE HOSTED ONE FOOD FUNDERS CIRCLE ON ALTERNATIVE PROTEIN WITH SPEAKERS SUCH AS TOBIAS LEENHART, ROGER LINEHART, AND ELISE BERNAL. THE EVENT SHOWCASED THREE OF OUR PARTNERS, EDUCATED CHOICES PROGRAM, MIGHTY EARTH, AND THE BETTER FOOD FOUNDATION.
COP26A. TO HOST A HIGH-LEVEL DINNER TITLED 'LINKING FOOD AND CLIMATE TO SPUR TRANSFORMATIVE ACTION.' HOSTED BY 50BY40, EAT, AND FAIRR, THE EVENT WELCOMED OVER 45 OF THE MOST TRUSTEED VOICES WITHIN FOOD SYSTEMS, HOLDING A DIALOGUE THROUGH INTERVENTIONS BY AN EXPERT LINEUP OF SPEAKERS TO REACH CONCRETE SOLUTIONS TOWARDS FOOD SYSTEMS TRANSFORMATION, ESPECIALLY COP27.B. SPEAKING AT AND ATTENDING EVENTS TO DO WITH FOOD SYSTEMS TRANSFORMATION: 50BY40'S DELEGATION BOTH ATTENDED AND SPOKE AT VARIOUS EVENTS - BRINGING TO LIGHT THE IMPORTANCE OF TAKING ACTION ON ISSUES RELATED TO FOOD ON THE CLIMATE CHANGE AGENDA. THIS INCLUDED AN EVENT HOSTED BY FOOD TANK, TITLED 'A NEW APPROACH TO MEAT AND 'ENVISIONING THE FUTURE OF FOOD SYSTEMS' AT THE RESILIENCE LAB AT COP26, AMONG MANY OTHERS.C. 50BY40 ALSO AIMED TO BE THE VOICE OF EVENTS AND PROGRESS ON FOOD SYSTEMS AT COP26 THROUGH THEIR REGULAR NEWLETTERS TO THEIR PARTNER COMMUNITY, SHARING INFORMATION FROM THE GROUND UP.50BY40 COLLABORATED AND WORKED WITH MANY ORGANIZATIONS IN THIS PROCESS, INCLUDING EAT, FAIRR, AND WWF. WE ALSO COLLABORATED AND AMPLIFIED THE WORK OF PARTNER ORGANIZATIONS SUCH AS PROVEG, BRIGHTER GREEN, TAPPC, CIWF, 4PAWS, AND MORE.
WECHANGERS - 50BY40'S PRIVATE GRANTING PLATFORM. HOSTS AND CONNECTS PARTNERS TO FORWARD-THINKING FUNDERS INTERESTED IN SUPPORTING PROJECTS TO REDUCE GLOBAL ANIMAL AGRICULTURE. ANNUAL REVIEW 2020 - AN INTERACTIVE, VISUAL OVERVIEW OF 50BY40'S ACHIEVEMENTS.FOOD SYSTEMS SUMMIT DIALOGUE: ENGAGING POWERHOLDERS IN CATALYSING FOOD SYSTEMS CHANGE50BY40 IS TAKING AN ACTIVE ROLE IN THE UN FOOD SYSTEMS SUMMIT TO EMPHASISE THE IMPORTANCE OF FOOD SYSTEMS TRANSFORMATION AND ENSURE INCLUSIVITY AND ACTIONABILITY OF THE SUMMIT PROCESSES AND OUTCOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lasse Bruun Chief Executive Officer | 40 | $112,500 | |
Sebastian Joy Executive Chair | OfficerTrustee | 8 | $24,000 |
Charles Laue Treasurer | OfficerTrustee | 1 | $0 |
Ari Nessel Vice Chair | OfficerTrustee | 1 | $0 |
Jay Karandikar Secretary | OfficerTrustee | 1 | $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 | $1,070,329 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,070,329 |
| Total Program Service Revenue | $0 |
| Investment income | $17 |
| 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 | $1,070,346 |
| 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 | $397,754 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,546 |
| Fees for services: Management | $374,014 |
| Fees for services: Legal | $39,804 |
| Fees for services: Accounting | $6,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,909 |
| Office expenses | $126,268 |
| Information technology | $28,846 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $13,263 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,953 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $9,691 |
| All other expenses | $0 |
| Total functional expenses | $1,017,348 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,672 |
| 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 | $254,672 |
| 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 | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $254,672 |
| Total liabilities and net assets/fund balances | $254,672 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that 50by40 Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
A Well-Fed World Washington, DC PURPOSE: $10,000 | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
Kirk Humanitarian Salt Lake City, UT | $3,740,895 | $18,227,954 |
Leavenworth-Jefferson Electric Cooperative Inc Topeka, KS | $0 | $20,178,550 |
Association Of Former Students Of Texas A & M University College Station, TX | $202,537,498 | $46,927,604 |
Dow Rummel Village Sioux Falls, SD | $76,421,386 | $18,523,416 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Blackburn University Carlinville, IL | $69,417,787 | $20,572,819 |
Montgomery Place Chicago, IL | $31,885,880 | $16,111,662 |
Salt Lake Legal Defender Association Salt Lake City, UT | $36,357,529 | $22,046,436 |
Dallas Arboretum & Botanical Dallas, TX | $108,730,665 | $21,414,580 |
Human Resources Development Institute Inc Chicago, IL | $14,371,854 | $24,270,043 |