We Power Food Inc
- Assets
- $10.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hillsborough, NC
- Founding
- Data as of
- 12/2022
- EIN
- 87-1468625
Organization Overview
We Power Food Inc is located in Hillsborough, NC. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, 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. We Power Food 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 12/2022, We Power Food Inc generated $50.5k in total revenue. All expenses for the organization totaled $43.5k during the year ending 12/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
WE DEVELOP TARGETED RESOURCES AND SUPPORTS TO BENEFIT WOMEN IN FOOD BUSINESSES BY FOSTERING CHANGE IN THE BUSINESS ENVIRONMENT TO CREATE A MORE EQUITABLE SPACE WHERE THEY CAN SUCCEED AND FLOURISH. PROCEEDS FROM THE GIFT BOXES ARE USED TO FUND A MENTORING SCHOLARSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kelly Minor Board Chair | 3 | $0 | |
Sue Ellsworth Vice Chair | 20 | $0 | |
Samantha Swan Treasurer | 5 | $0 | |
Denise Goga Secretary | 3 | $0 | |
Zoey Best Board Member | 1 | $0 | |
Abena Antwi Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,411 |
| Total Program Service Revenue | $3,081 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,492 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $19,608 |
| Professional fees and other payments to independent contractors | $5,457 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $395 |
| Other expenses | $18,086 |
| Total expenses | $43,546 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,504 |
| Other assets | $0 |
| Total assets | $10,504 |
| Total liabilities | $504 |
| Net assets or fund balances | $10,000 |