Nutrition Source EIN 26-3192251

Nutrition Source FY2022 filing

EIN  26-3192251 Public charity (501(c)(3)) Charlotte, NC
Form 990 (PDF)
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Size
$100K–1M
What they do
Administers federal program guidelines to help centers provide healthy food and snacks.
Leadership
Deidre Thomas · Board Chairwoman
Money in and out
$431K revenue, $432K expenses
Bottom line
89% program efficiency

Administers federal program guidelines to help centers provide healthy food and snacks. For fiscal year 2022 it reported $431K in revenue, $432K in expenses, and $38 in net assets.Pt I

Where the money goes · FY2022
Total revenue
$431K
Pt VIII · Ln 12
Total expenses
$432K
Pt IX · Ln 25
Net assets
$38
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$395
Where spending went · Part IX cols B–D
Program services $0.89 Management & general $0.11
Program efficiency
89%
of spending reaches programs
Operating runway
0.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
0%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$431K
FY2022▲ +19%
Expenses
$432K
FY2022▲ +19%
Total assets
$38
FY2022▼ -91%
Total liabilities
$0
FY2022
Total revenue
$431K
Pt VIII · Ln 12
Total expenses
$432K
Pt IX · Ln 25
Net assets
$38
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$395
Total assetsPt X · Ln 16$38
Program-expense ratioPt IX · col B89%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42
Mission & Programs · Part III

Where the work happens

1 program service account for $383K of program spending, described in the organization's own filed words · FY2022.
01

Administered the child and adult care food program (cacfp) and provided nutrition education and reimbursement to daycare centers throughout north carolina, who in turn were able to provide over 300,000 nutrituous meals and wholesome snacks to eligible participants.

$383Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNutrition Source
EINHdr · item D26-3192251
Principal addressHdr · item CCharlotte, NC
WebsiteHdr · item Janutritionsource.com
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K40)
Ruling yearIRS BMFMay 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
Board Chairwoman
$0Pt VII · Sec A
Presidentexecutive Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Lonya Evans’s $35K as Predisent/Executive Director is at the 84th percentile of top reported officer pay among 132 <$100K 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 · 1 named individual · Part VII

NameFY2023FY2021
Lonya Evans$34,685$22,419

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 & grants100%$431K
Total revenueLn 12$431K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.89 Management & general $0.11
Program services89%$383K
Management & general11%$49K
Total functional expensesLn 25$432K

Balance Sheet

Part X · end of year
CashLn 1$38
Total assetsLn 16$38
Total liabilitiesLn 26$0
Total net assetsLn 32$38
Months of cash on handcomputed0.0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $38 · Operating expenses/yr $432K
0.0 months
Where the money goes
Program services
Program services $383K · Total expenses $432K
89%
Management & General
Management & general $49K · Total expenses $432K
11%
Fundraising
Fundraising $0 · Total expenses $432K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $397K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $431K · Total revenue $431K
100%
Government reliance
Government grants — · Total revenue $431K
Earned-income share
Program service revenue $0 · Total revenue $431K
0%
Investment reliance
Investment income $0 · Total revenue $431K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $432K
0%
Growth & trend
Revenue growth (YoY)
This year $431K · Prior year $362K
+19%
Net-asset trend (YoY)
End of year $38 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $431K · Expenses $432K
0%
Liabilities-to-Assets
Total liabilities — · Total assets $38
Net-asset ratio
Net assets $38 · Total assets $38
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $38
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Deidre Thomas · Reported title BOARD CHAIRWOMAN · Highest reported compensation $0 · Total expenses $432K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $35K · Total expenses $432K
8%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 89%
Overhead ratio 11%
Fundraising cost ratio 0%
Revenue growth 19%
Accounting fee ratio 1%

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.

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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
FY2023 (Latest)$500K revenue · ⤓ 990 PDF
FY2022$431K revenue · viewing · ⤓ 990 PDF
FY2021$362K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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