Feed the Future FY2020 filing

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EIN 38-4151256 Public charity (501(c)(3)) San Francisco, CA NTEE M12
Form 990 (PDF)

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Revenue & expenses by yearFY2020–FY2022
Revenue
$268K
FY2020

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).


Provides financial relief to restaurant and food supply chain workers and businesses impacted by the pandemic. For fiscal year 2020 it reported $268K in revenue, $102K in expenses, and $166K in net assets.Pt I

Type
Public charity (501(c)(3)) · Public Safety & Disaster
Location
San Francisco, CA
Website
www.feedthefuture.org
Filings
3 on file (2020–2020)
Revenue
$268KFY2020
Expenses
$102K
Net assets
$166K
People
6
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Provided by the organization

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Size
$100K–1M
What they do
Provides financial relief to restaurant and food supply chain workers and businesses impacted by the pandemic.
Leadership
Lindsay Tusk · Chairperson
Money in and out
$268K revenue, $102K expenses
Bottom line
90% program efficiency

What Funders Ask

6 questions, answered from this org's own filings

Will my donation be tax-deductible?

GOOD

Yes — A charitable, religious, educational, scientific, or literary organization. Contributions are generally tax-deductible for donors.

IRS Business Master File records this organization as tax-exempt with deductible contributions. See detail →

Can I donate to this org right now?

GOOD

No revocation on IRS record

This EIN does not appear on the IRS auto-revocation list. See detail →

Is this organization up to date?

WARNING

Last filed FY2022 — 4 yrs ago

Most recent Form 990 on file is for fiscal year 2022 (4 years ago). See detail →

Is it receiving grants from reputable foundations?

GOOD

2 funders, incl. The Sd Mayer Foundation

2 distinct foundation funder(s) on file, $218K received in the most recent year with grants. See detail →

How is the money spent?

GOOD

90% to programs

90% of total functional expenses went to program services in the most recent filing (Form 990 Part IX); the rest is overhead and fundraising. See detail →

What's its financial size and trend?

NEUTRAL

$100K–1M

Revenue band $100K–1M. Not enough years on file for a trend. See detail →

Where the money goes · FY2020
Total revenue
$268K
Pt VIII · Ln 12
Total expenses
$102K
Pt IX · Ln 25
Net assets
$166K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $166K
Where spending went · Part IX cols B–D
Program services $0.90 Management & general $0.08 Fundraising $0.01
Program efficiency
90%
of spending reaches programs
Operating runway
19.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+62%
revenue over expenses, this year

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Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue less expensesPt I · Ln 19$166K
Total assetsPt X · Ln 16$166K
Program-expense ratioPt IX · col B90%
Voting members of governing bodyPt I · Ln 36
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal name (IRS)Hdr · item CFeed the Future
EINHdr · item D38-4151256
Principal addressHdr · item CSan Francisco, CA
WebsiteHdr · item Jwww.feedthefuture.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic Safety & Disaster (M12)
Ruling yearIRS BMFOct 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a6
Independent voting membersPt VI · Ln 1b6
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Chairperson
$0Pt VII · Sec A
VP, Sec'y, Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Feed the Future executive salaries →

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Mission & Programs · Part III

Where the work happens

3 program services account for $92K of program spending, described in the organization's own filed words · FY2020.
01

Grants to Individuals

The organization will accomplish its charitable purposes by awarding grants to individuals within its charitable class based on demonstrated need. In order to receive a grant, a potential grant recipient will be rquired to complete an application and submit information regarding the applicant's employment and financial situation…

$64Kprogram expense
02

Grants to Farms and Other Organizations

In furtherance of its charitable purposes, the organization intends to award grants to struggling farms in the west marin-area of northern california. An integral part of the food supply chain, many local farms have been financially devastated by the fallout from the COVID-19 pandemic, and the organization seeks to provide much needed…

$28Kprogram expense
03

Education and Awareness

The organization may also accomplish its charitable purposes by raising awareness about the ecosystem of food supply and the impact that natural disasters, and sepcifically pandemics, have on restaurant industry workers and the food supply chain.

Pt IX · col B

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Statement of Revenue

Part VIII
Contributions & grants100%$268K
Total revenueLn 12$268K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.90 Management & general $0.08 Fundraising $0.01
Program services90%$92K
Management & general8%$8K
Fundraising1%$2K
Total functional expensesLn 25$102K

Balance Sheet

Part X · end of year
CashLn 1$166K
Total assetsLn 16$166K
Total liabilitiesLn 26$0
Total net assetsLn 32$166K
Months of cash on handcomputed19.6

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $166K · Operating expenses/yr $102K
19.6 months
Where the money goes
Program services
Program services $92K · Total expenses $102K
90%
Management & General
Management & general $8K · Total expenses $102K
8%
Fundraising
Fundraising $2K · Total expenses $102K
1%
Cost to raise $1
Fundraising expense $2K · Solicited contributions $268K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $268K · Total revenue $268K
100%
Government reliance
Government grants — · Total revenue $268K
—
Earned-income share
Program service revenue $0 · Total revenue $268K
0%
Investment reliance
Investment income $0 · Total revenue $268K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $102K
0%
Growth & trend
Revenue growth (YoY)
This year $268K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $166K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $268K · Expenses $102K
+62%
Liabilities-to-Assets
Total liabilities — · Total assets $166K
—
Net-asset ratio
Net assets $166K · Total assets $166K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $166K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Lindsay Tusk · Reported title CHAIRPERSON · Highest reported compensation $0 · Total expenses $102K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $102K
—
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 90%——
Overhead ratio 8%——
Fundraising cost ratio 0.6%——

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 · FY2020
Total grants receivedfrom 2 funders$218K
Grants paid · 2 grants · $92K · 2020–2020
Unitemized GrantFY2020$63,695
Fresh Run FarmFY2020$28,325

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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
FY2022 (Latest)$16K revenue · ⤓ 990 PDF
FY2021$23K revenue · ⤓ 990 PDF
FY2020$268K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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