Waste Not Inc
- Assets
- $1.5m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Scottsdale, AZ
- Founding
- 10/1990
- Data as of
- 06/2022
- EIN
- 86-0650514
Organization Overview
Waste Not Inc is located in Scottsdale, AZ. The organization was established in 1990. According to its NTEE Classification (K19) the organization is classified as: Support 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. Waste Not 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 06/2022, Waste Not Inc generated $5.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $5.1m during the year ending 06/2022. While expenses have increased by 0.6% per year over the past 7 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 2020, Waste Not Inc has awarded 165 individual grants totaling $11,762,611. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AT WASTE NOT, WE'RE CREATING SUSTAINABLE FOOD SYSTEMS THAT HELP PEOPLE AND THE PLANET FLOURISH. WE DO THIS BY ELIMINATING FOOD WASTE AND HUNGER THROUGH INNOVATIVE COMMUNITY PARTNERSHIPS. A GREAT DEAL OF TIME, MONEY, AND RESOURCES GO INTO GROWING AND TRANSPORTING NUTRITIOUS FOOD. YET, EACH YEAR, 40% OF THAT FOOD IS THROWN AWAY. AT THE SAME TIME, NEARLY 1 MILLION PEOPLE IN ARIZONA ARE STRUGGLING WITH FOOD INSECURITY. WE'RE TRANSFORMING THIS BROKEN SYSTEM BY CONNECTING TENS OF THOUSANDS OF ARIZONANS WITH QUALITY FOOD THAT WOULD HAVE OTHERWISE GONE TO WASTE. BY REIMAGINING WHAT'S POSSIBLE FOR FOOD RESCUE, WE'RE MAKING OUR COMMUNITY AND OUR PLANET HEALTHIER.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WITH FOOD RESCUE AS OUR SOLE MISSION, WASTE NOT PARTNERS WITH 82 GENEROUS FOOD BUSINESSES IN OUR COMMUNITY, INCLUDING GROCERS, CATERERS, RESTAURANTS, RESORTS, AND EVENT VENUES. THESE FOOD DONORS SHARE OUR VALUES AND DONATE THEIR EXCESS FOOD, PREVENTING IT FROM GOING TO WASTE. USING OUR EFFICIENT, SAME-DAY DELIVERY OPERATION, OUR TEAM OF PROFESSIONAL DRIVERS COLLECTS AND TRANSPORTS AN AVERAGE OF 10,000 POUNDS OF FOOD PER DAY, FIVE DAYS A WEEK. THIS FOOD IS DELIVERED TO OVER 85 NONPROFIT AGENCIES THAT ARE SERVING THOSE IN NEED THROUGHOUT THE METRO PHOENIX AREA. FOR THE FISCAL YEAR ENDING ON 6/30/22, WASTE NOT DIVERTED NEARLY 2.4 MILLION POUNDS OF PREPARED AND PERISHABLE FOOD FROM LANDFILLS AND DELIVERED IT TO NONPROFIT AGENCIES FEEDING CHILDREN, ADULTS, AND SENIORS EXPERIENCING FOOD INSECURITY.
IN DECEMBER 2019, WASTE NOT EXPANDED THEIR REACH AND IMPACT WHEN THEY DEPLOYED A NEW FOOD RESCUE APP DESIGNED FOR SMALLER-VOLUME FOOD DONATIONS. THIS APP ALLOWS FOOD BUSINESSES OF ALL SIZES, FROM LOCAL RESTAURANTS TO LARGE RETAILERS, TO QUICKLY AND EASILY POST AND DONATE SURPLUS FOOD OUTSIDE OF SCHEDULED DELIVERY ROUTES. ONCE POSTED, THE APP SENDS A MESSAGE VIA TEXT TO OUR NETWORK OF VOLUNTEER DRIVERS WHO CAN QUICKLY PICK UP FOOD DONATIONS IN THEIR PERSONAL VEHICLES, MONITOR FOR FOOD SAFETY MEASURES, AND DELIVER IT TO ONE OF WASTE NOT'S BEST-SUITED AGENCY PARTNERS. FOR THE FISCAL YEAR ENDING ON 6/30/2022, WASTE NOT'S VOLUNTEERS COMPLETED 478 DELIVERIES AND RESCUED OVER 41,000 POUNDS OF FOOD FROM LOCAL BUSINESSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Holsman Tetreault Chair | OfficerTrustee | 0.5 | $0 |
Wendell Hollinshead Treasurer | OfficerTrustee | 1 | $0 |
Linde Harned Secretary | OfficerTrustee | 1 | $0 |
Christina Dicksen Director | Trustee | 1 | $0 |
Wendy Brooks Director | Trustee | 0.5 | $0 |
Jennifer Wargo Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $19,331 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,115,048 |
| Noncash contributions included in lines 1a–1f | $4,224,076 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,134,379 |
| Total Program Service Revenue | $0 |
| Investment income | $645 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,240 |
| Net Income from Fundraising Events | -$389 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,163,754 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,224,076 |
| 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. | $132,123 |
| Compensation of current officers, directors, key employees. | $53,243 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $283,342 |
| Pension plan accruals and contributions | $2,806 |
| Other employee benefits | $42,384 |
| Payroll taxes | $27,976 |
| Fees for services: Management | $62,316 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,988 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $32,002 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20,400 |
| Advertising and promotion | $35,019 |
| Office expenses | $10,436 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $350 |
| Travel | $1,971 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $276 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $70,446 |
| Insurance | $3,694 |
| All other expenses | $0 |
| Total functional expenses | $5,051,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $432,575 |
| Savings and temporary cash investments | $712,377 |
| Pledges and grants receivable | $50,000 |
| 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 | $5,252 |
| Net Land, buildings, and equipment | $283,968 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,484,172 |
| Accounts payable and accrued expenses | $93,403 |
| Grants payable | $0 |
| Deferred revenue | $2,500 |
| 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 | $95,903 |
| Net assets without donor restrictions | $1,230,538 |
| Net assets with donor restrictions | $157,731 |
| 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 | $1,484,172 |
Grants Awarded
Over the last fiscal year, Waste Not Inc has awarded $4,093,761 in support to 60 organizations.
| Grant Recipient | Amount |
|---|---|
INTERNATIONAL RESCUE COMMITTEE PURPOSE: COMMUNITY FOOD ASSISTANCE | $124,561 |
EMMANUEL CHURCH OF GOD IN CHRIST PURPOSE: COMMUNITY FOOD ASSISTANCE | $63,300 |
TRADITIONS TRANSITIONAL LIVING PURPOSE: COMMUNITY FOOD ASSISTANCE | $12,741 |
LOCAL FIRST ARIZONA PURPOSE: COMMUNITY FOOD ASSISTANCE | $12,598 |
PAZ DE CRISTO PURPOSE: COMMUNITY FOOD ASSISTANCE | $11,725 |
JOSE'S CLOSET PURPOSE: COMMUNITY FOOD ASSISTANCE | $22,654 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Waste Not Inc Scottsdale, AZ | $1,484,172 | $5,163,754 |
Mad Agriculture Boulder, CO | $377,225 | $1,653,793 |
New Roots Institute Los Angeles, CA | $2,627,719 | $2,717,684 |
California Foundation For Agriculture In The Classroom Sacramento, CA | $2,062,455 | $874,333 |
Food System 6 Accelerator Inc Redwood City, CA | $200,428 | $223,721 |
Black Phoenix Organizing Collective Phoenix, AZ | $751,434 | $502,501 |
Butte County Local Food Network Chico, CA | $119,084 | $272,328 |
Modoc Heritage Foundation Cedarville, CA | $73,275 | $0 |
Arizona Cattle Industry Research And Educational Foundation Mesa, AZ | $5,177,929 | $528,952 |
Tierra S Angels Culver City, CA | $100,953 | $0 |
California Guild Danville, CA | $175,064 | $0 |
Will Power Community Wellness Lawndale, CA | $62,914 | $0 |
Friends Of San Bernardino County Fair Association Inc Hesperia, CA | $0 | -$28,677 |
Empower & Renew Foundation Santa Clara, CA | $18,120 | $0 |
Angies Option Grm Lehi, UT | $5,184 | $2,242 |