Spoon Foundation EIN 26-0712302

Spoon Foundation FY2021 filing

EIN  26-0712302 Public charity (501(c)(3)) Portland, OR
Form 990 (PDF)
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →
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Size
$1–10M
What they do
Nourishes vulnerable children by empowering their caregivers worldwide.
Leadership
Mishelle Rudzinski · Co-Founder, Trustee, & Executive Director · $96K
Money in and out
$1.4M revenue, $1.3M expenses
Bottom line
72% program efficiency

Nourishes vulnerable children by empowering their caregivers worldwide. For fiscal year 2021 it reported $1.4M in revenue, $1.3M in expenses, and $567K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$567K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $73K
Where spending went · Part IX cols B–D
Program services $0.72 Management & general $0.11 Fundraising $0.17
Program efficiency
72%
of spending reaches programs
Operating runway
2.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+5%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$1.4M
FY2021▲ +55%
Expenses
$1.3M
FY2021▲ +9%
Total assets
$834K
FY2021▲ +13%
Total liabilities
$267K
FY2021▼ -2%
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$567K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$73K
Total assetsPt X · Ln 16$834K
Program-expense ratioPt IX · col B72%
Voting members of governing bodyPt I · Ln 317
Independent voting membersPt I · Ln 416
Mission & Programs · Part III

Where the work happens

3 program services account for $628K of program spending, described in the organization's own filed words · FY2020.
01

We engaged in the following international program activites in support of our mission to transform feeding and nutrition for children living outside of permanent family care: completed program activities for our program in zambia in partnership with catholic medical mission board; completed program activities for our program in uganda…

$392Kprogram expense
02

Spoon utilizes a suite of tools, including our app "count me in," our distance learning courses, and our feeding and nutrition curriculum to improve the nutrition, feeding, and health of vulnerable children.

$197Kprogram expense
03

Oregon Foster Care

Spoon launched the nourishing oregon's foster children project in january 2015 in collaboration with department of human services and university of oregon to offer a tailored nutrition and feeding training program for the foster care community (foster parents, child welfare professionals, and training service providers).

$39Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CSpoon Foundation
EINHdr · item D26-0712302
Principal addressHdr · item CPortland, OR
WebsiteHdr · item Jwww.spoonfoundation.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P99)
Ruling yearIRS BMFApr 2008

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a17
Independent voting membersPt VI · Ln 1b16
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Co-Founder, Trustee, & Executive Director
$95,652Pt VII · Sec A
Director of Finance & Administration
$65,417Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Chair Emeritus
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Mishelle Rudzinski’s $110K as Co-Founder, Trustee, & Executive Director is at the 44th percentile of top reported officer pay among 3863 $1–10M human services 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 · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Mishelle Rudzinski$109,824$105,269$105,269$95,652$95,699
Luis Jon Baldivieso$103,222$103,519
Emily Brod$24,903$45,885$45,885$65,417$60,306

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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Statement of Revenue

Part VIII
Contributions & grants$1.3M · 97%
Program service revenue$64K · 5%
Contributions & grants97%$1.3M
Program service revenue5%$64K
Investment income$2K
— government grantsLn 1e$183K
Total revenueLn 12$1.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.72 Management & general $0.11 Fundraising $0.17
Program services72%$949K
Management & general11%$144K
Fundraising17%$221K
Total functional expensesLn 25$1.3M

Balance Sheet

Part X · end of year
CashLn 1$195K
Total assetsLn 16$834K
Total liabilitiesLn 26$267K
Total net assetsLn 32$567K
Months of cash on handcomputed1.8

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $286K · Operating expenses (Pt IX) $1.3M · Less non-cash grants $14K · Cash operating expenses/yr $1.3M
2.6 months
Where the money goes
Program services
Program services $949K · Total expenses $1.3M
72%
Management & General
Management & general $144K · Total expenses $1.3M
11%
Fundraising
Fundraising $221K · Total expenses $1.3M
17%
Cost to raise $1
Fundraising expense (2-yr avg) $218K · Solicited contributions (2-yr avg) $1.0M
$0.22 to raise $1 (2-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.3M · Total revenue $1.4M
97%
Government reliance
Government grants $183K · Total revenue $1.4M
13%
Earned-income share
Program service revenue $64K · Total revenue $1.4M
5%
Investment reliance
Investment income $2K · Total revenue $1.4M
+0.1%
Program self-sufficiency
Program service revenue $64K · Total expenses $1.3M
5%
Growth & trend
Revenue growth (YoY)
This year $1.4M · Prior year $893K
+55%
Net-asset trend (YoY)
End of year $567K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.4M · Expenses $1.3M
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $834K
Net-asset ratio
Net assets $567K · Total assets $834K
68%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $91K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $834K
11%
People & payroll
Highest Reported Total Compensation
Individual Mishelle Rudzinski · Reported title CO-FOUNDER, TRUSTEE, & EXECUTIVE DIRECTOR · Highest reported compensation $96K · Total expenses $1.3M
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $918K · Total expenses $1.3M
70%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 72%
Overhead ratio 11%
Fundraising cost ratio 16%
Revenue growth 55%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 13 funders →
Grants paid · 5 grants · $228K · 2019–2023
Johns Hopkins UniversityMD · FY2023$15,385
Johns Hopkins UniversityMD · FY2022$9,230

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.3M revenue · ⤓ 990 PDF
FY2023$1.3M revenue · ⤓ 990 PDF
FY2022$1.5M revenue · ⤓ 990 PDF
FY2021$1.4M revenue · viewing · ⤓ 990 PDF
FY2020$893K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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