Edesia INC

Tax-deductible

N Kingstown, RI501(c)(3)Since 2007Food & AgricultureEIN 26-0359866

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To treat and prevent malnutrition in the world's most vulnerable populations.

501(c)(3) charity; gifts are tax-deductible.
97¢ of each $1 spent went to programs.
Run by 1 volunteers and 145 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $21.8M a year · 22% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
97%
of spending
Looks good: 97% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
to officers and key staff · 1% of spending
Top officer’s pay lower than 72% of similar orgs
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $2K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$22.7M
14% of total assets
Looks good: liabilities are 14% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$104.2M
-44% vs prior year
Spent
$101.6M
To programs
97%
Net assets
$139.5M
By yearFY2020–FY2024
Revenue
$104.2M
FY2024▼ -44%
Revenue by fiscal year
FY2020$45.5M
FY2021$65.4M
FY2022$85.5M
FY2023$185.7M
FY2024$104.2M
Expenses
$101.6M
FY2024▲ +4%
Expenses by fiscal year
FY2020$42.6M
FY2021$57.7M
FY2022$77.3M
FY2023$97.8M
FY2024$101.6M
Net assets
$139.5M
FY2024▲ +3%
Net assets by fiscal year
FY2020$31.2M
FY2021$39.0M
FY2022$46.6M
FY2023$135.3M
FY2024$139.5M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

97 cents of each dollar spent went to programs.

Program services 97% · $99.0M Management & general 2% · $2.0M Fundraising 1% · $564K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Financial Officer
$241,562Pt VII · Sec A
Vice President of Operations
$198,106Pt VII · Sec A
Director of Quality
$189,504Pt VII · Sec A
Director of IT
$188,854Pt VII · Sec A
Vice President of Growth
$182,848Pt VII · Sec A
Vice President of Strategic Partnerships
$172,716Pt VII · Sec A
Chief of Staff
$165,704Pt VII · Sec A
Director
$0Pt VII · Sec A

Brian O'Farrell’s $242K as Chief Financial Officer is at the 28th percentile of top reported officer pay among 40 $100M+ food & agriculture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Brian O'Farrell$241,562$218,431$97,571——
Andrew Kamara$198,106$154,086$122,722—$104,675
Tom Stehl$182,848$193,567$153,973$140,000$134,257
Daniel Adigun$189,504————
Brian Dugas$188,854$185,787$172,652$160,000$155,588
John Clark—$188,733$175,320$155,000—
Ronald J Yanku——$129,416$175,598$180,758
Maria Kasparian$172,716$177,842$165,474$156,060$160,880

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Treats and prevents malnutrition in vulnerable global populations.

Provided by the organization

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1 program · $99.0M · in their own filed words · FY2024
01

Produce high-quality ready-to-use foods and support local producers of ready-to-use foods in the developing world (currently plumpy'nut, plumpy'sup, plumpy'doz and nutributter) for humanitarian organizations and non-profits.

$99.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$2K
Grants paid · 1 grant · $998K · 2024–2024
Meds & Food for KidsMO · FY2024$998,000

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$104.2M
Ln 12
Fees for servicesLn 2g$88.3M
Gifts and grantsLn 1h$12.2M
Investment incomeLn 3$3.6M
Money outPt IX
$101.6M
Ln 25
Programscol B$99.0M
Managementcol C$2.0M
Fundraisingcol D$564K
Owns and owesPt X
$139.5M
net assets · Ln 32
Cash and savingsLn 1–2$14.7M
Total assetsLn 16$162.3M
LiabilitiesLn 26$22.7M
PeoplePt VI, VII
14
listed · VII A
PaidVII A7
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12.2M
Government grantsLn 1e$1.7M
Noncash giftsLn 1g$57K
Fees for servicesLn 2g$88.3M
Investment incomeLn 3$3.6M
Gains on assetsLn 7$539K
Total revenueLn 12$104.2M
Assets in detailPt X, end of year
CashLn 1$5.5M
SavingsLn 2$9.3M
Cash and savings togetherLn 1–2$14.7M
InvestmentsLn 11–13$77.1M
Land, buildings, equipmentLn 10c$26.6M
Other assetsLn 15$9.2M
Total assetsLn 16$162.3M
LiabilitiesLn 26$22.7M
Net assetsLn 32$139.5M
OperationsPt I, VI
EmployeesI 5145
VolunteersI 61
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$17.7M$14.7M
InvestmentsLn 11–13$82.2M$77.1M
Land, buildings, equipmentLn 10c$11.3M$26.6M
Total assetsLn 16$154.8M$162.3M
LiabilitiesLn 26$19.6M$22.7M
Net assetsLn 32$135.3M$139.5M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.4M$1.4M
Grants and assistance to foreign recipientsLn 3$3.4M$3.4M
Pay of current officers, directors and key staffLn 5$1.5M$1.0M$379K$80K
Other salaries and wagesLn 7$10.0M$9.7M$49K$317K
Pension plan contributionsLn 8$241K$238K$3K
Other employee benefitsLn 9$1.2M$1.1M$109K$12K
Payroll taxesLn 10$954K$870K$31K$53K
Legal feesLn 11b$6K$6K
Accounting feesLn 11c$95K$95K
Investment management feesLn 11f$122K$122K
Other fees for servicesLn 11g$579K$555K$25K
Office expensesLn 13$175K$123K$30K$22K
Information technologyLn 14$503K$386K$117K
RoyaltiesLn 15$652K$652K
OccupancyLn 16$6.0M$5.8M$230K
TravelLn 17$231K$102K$77K$52K
InterestLn 20$31K$31K
Depreciation, depletion and amortizationLn 22$3.2M$3.1M$58K
InsuranceLn 23$492K$393K$98K
Other expenses (24a–d)Ln 24$70.8M$70.8M
Total functional expensesLn 25$101.6M$99.0M$2.0M$564K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $104.2M$101.6M$2.7M$139.5M 990 PDF
FY2023 $185.7M$97.8M$87.9M$135.3M 990 PDF
FY2022 $85.5M$77.3M$8.1M$46.6M 990 PDF
FY2021 $65.4M$57.7M$7.7M$39.0M 990 PDF
FY2020 $45.5M$42.6M$2.9M$31.2M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $104,212,476 across 8 lines filed
VIII-1e Government grants$1,683,112
VIII-1f All other contributions, gifts and grants$10,564,714
VIII-1g Noncash contributions (included above)$57,162
VIII-1h Total contributions, gifts and grants$12,247,826
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $88,317,498 · Unrelated business $0$88,317,498
VIII-3 Investment incomeExcluded from tax $3,108,399$3,108,399
VIII-7 Net gain or loss on sales of assetsExcluded from tax $538,753$538,753
VIII-12 Total revenueRelated to mission $88,317,498 · Unrelated business $0 · Excluded from tax $3,647,152$104,212,476
Part IX · Statement of functional expenses $101,556,712 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $1,356,730$1,356,730
IX-3 Grants and assistance to foreign recipientsPrograms $3,435,330$3,435,330
IX-5 Pay of current officers, directors and key staffPrograms $1,002,145 · Management $378,814 · Fundraising $79,741$1,460,700
IX-7 Other salaries and wagesPrograms $9,683,538 · Management $48,594 · Fundraising $317,005$10,049,137
IX-8 Pension plan contributionsPrograms $237,900 · Fundraising $2,945$240,845
IX-9 Other employee benefitsPrograms $1,094,808 · Management $109,426 · Fundraising $12,097$1,216,331
IX-10 Payroll taxesPrograms $869,652 · Management $31,476 · Fundraising $53,321$954,449
IX-11b Legal feesManagement $6,443$6,443
IX-11c Accounting feesManagement $95,305$95,305
IX-11f Investment management feesManagement $122,468$122,468
IX-11g Other fees for servicesManagement $554,682 · Fundraising $24,591$579,273
IX-13 Office expensesPrograms $123,296 · Management $29,936 · Fundraising $22,131$175,363
IX-14 Information technologyPrograms $385,900 · Management $117,086$502,986
IX-15 RoyaltiesPrograms $651,766$651,766
IX-16 OccupancyPrograms $5,760,758 · Management $229,674$5,990,432
IX-17 TravelPrograms $102,027 · Management $76,893 · Fundraising $51,980$230,900
IX-20 InterestManagement $30,762$30,762
IX-22 Depreciation, depletion and amortizationPrograms $3,098,646 · Management $58,132$3,156,778
IX-23 InsurancePrograms $393,382 · Management $98,345$491,727
IX-24 Other expenses (24a–d)Programs $70,808,987$70,808,987
IX-25 Total functional expensesPrograms $99,004,865 · Management $1,988,036 · Fundraising $563,811$101,556,712
Part X · Balance sheet $162,254,713 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $8,980,196$5,461,116
X-2 Savings and temporary cash investmentsStart of year $8,766,353$9,258,145
X-4 Accounts receivableStart of year $6,856,630$22,634,109
X-8 Inventories for sale or useStart of year $26,658,269$10,920,825
X-9 Prepaid expenses and deferred chargesStart of year $918,186$1,023,273
X-10c Land, buildings and equipment, netStart of year $11,288,933$26,644,573
X-11 Publicly traded securitiesStart of year $82,244,419$77,066,473
X-15 Other assetsStart of year $9,131,649$9,246,199
X-16 Total assetsStart of year $154,844,635$162,254,713
X-17 Accounts payable and accrued expensesStart of year $7,351,051$12,588,186
X-25 Other liabilitiesStart of year $9,178,054$9,315,845
X-26 Total liabilitiesStart of year $19,559,105$22,736,147
X-27 Net assets without donor restrictionsStart of year $70,285,530$85,085,749
X-28 Net assets with donor restrictionsStart of year $65,000,000$54,432,817
X-32 Total net assets or fund balancesStart of year $135,285,530$139,518,566
X-33 Total liabilities and net assetsStart of year $154,844,635$162,254,713
Part XI · Reconciliation of net assets $139,518,566 net assets at year end
XI-1 Total revenue$104,212,476
XI-2 Total expenses$101,556,712
XI-3 Revenue less expenses$2,655,764
XI-4 Net assets at start of year$135,285,530
XI-5 Net unrealized gains (losses) on investments$1,577,272
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$139,518,566

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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