Lunchtrip Foundation
- Assets
- $3.6m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 2
- Location
- Indianola, WA
- Founding
- Data as of
- 12/2021
- EIN
- 85-3998399
Organization Overview
Lunchtrip Foundation is located in Indianola, WA. According to its NTEE Classification (Q21) the organization is classified as: International Cultural Exchange, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 12/2021, Lunchtrip Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lunchtrip 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 12/2021, Lunchtrip Foundation generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 43.3% each year . All expenses for the organization totaled $123.6k 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
LUNCHTRIP FOUNDATION HOLDS EDUCATIONAL EVENTS BOTH INPERSON AND ONLINE PROMOTING CULTURES AROUND THE WORLD
Describe the Organization's Program Activity:
Part 3 - Line 4a
"FLIGHTS" ARE EDUCATIONAL EVENTS WHERE "PASSENGERS" (ATTENDEES) PARTIC PARTICIPATE IN AN IMMERSIVE EXPERIENCE ABOUT A COUNTRY PRODUCED BY LUNCHTRIP HOSTS ("CREW MEMBERS") THAT INCLUDE AN INTRODUCTION TO THE COUNTRY'S CULTURE, AN Q&A WITH AN INFLUENCER WHO LIVED IN THE COUNTRY, AND AN AUTHENTIC MEAL FROM THE COUNTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ami Matsuzawa President | Officer | 20 | $35,399 |
Christopher Danford Vice President | Officer | 20 | $35,168 |
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 | $2,780,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,780,000 |
| 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 | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,780,000 |
| 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. | $70,568 |
| Compensation of current officers, directors, key employees. | $35,284 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $17,642 |
| Other employee benefits | $0 |
| Payroll taxes | $5,400 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $120 |
| 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 | $0 |
| Information technology | $4,236 |
| Royalties | $0 |
| Occupancy | $25,345 |
| 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 | $123,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,169 |
| Savings and temporary cash investments | $2,780,000 |
| 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 | $793,376 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,575,545 |
| Accounts payable and accrued expenses | $13,603 |
| 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 | $13,603 |
| Net assets without donor restrictions | $3,561,942 |
| 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 | $3,575,545 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tsinghua Gix Institute North America Bellevue, WA | $54,185 | $46,979 |
Lunchtrip Foundation Indianola, WA | $3,575,545 | $2,780,000 |
International Carpe Diem Foundation Inc Portland, OR | $199,625 | $133,129 |
Crooked Trails Seattle, WA | $44,656 | $0 |
Little Masters Club Bellevue, WA | $236,365 | $0 |
National Association For Korean Schools-Northwest Chapter Lakewood, WA | $136,842 | $0 |
Mundo Exchange Inc Portland, OR | $9,944 | $0 |
International Foster Care Alliance Seattle, WA | $3,132 | $0 |
Ketchikan-Kanayama Exchange Inc Ketchikan, AK | $27,287 | $0 |
Program For African Leadership Charitable Tr Bellevue, WA | $2,776 | $0 |