Feast INC EIN 46-4312265 Form 990 (PDF) Claim this org

Feast INC FY2023 filing

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Builds support groups and improves access to healthy foods for low-income communities. For fiscal year 2023 it reported $602K in revenue, $1.3M in expenses, and $170K in net assets.Pt I

Founded
2013
Type
Public charity (501(c)(3)) · Food & Agriculture
Location
Los Angeles, CA
Website
www.feastforall.org
Filings
6 on file (2020–2023)
Revenue
$602KFY2023
Expenses
$1.3M
Net assets
$170K
People
21
Filings
6
Updates
0
More identity details & actions ⌄
EIN  46-4312265 Public charity (501(c)(3)) Los Angeles, CA Founded 2013
Form 990 (PDF)
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Builds support groups and improves access to healthy foods for low-income communities.
Leadership
Ave Lambert · President/Executive Director · $122K
Money in and out
$602K revenue, $1.3M expenses
Bottom line
73% program efficiency
Where the money goes · FY2023
Total revenue
$602K
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$170K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$736K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.14 Fundraising $0.13
Program efficiency
73%
of spending reaches programs
Operating runway
2.0mo
months of highly liquid reserves at operating expense rate
Surplus margin
-122%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$602K
FY2023▲ +60%
Expenses
$1.3M
FY2023▲ +49%
Total assets
$255K
FY2023▼ -73%
Total liabilities
$84K
FY2023▲ +137%
Total revenue
$602K
Pt VIII · Ln 12
Total expenses
$1.3M
Pt IX · Ln 25
Net assets
$170K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$736K
Total assetsPt X · Ln 16$255K
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 320
Independent voting membersPt I · Ln 419
Mission & Programs · Part III

Where the work happens

3 program services account for $971K of program spending, described in the organization's own filed words · FY2023.
01

Community Food Access Program

Recovers high quality farm-fresh produce in partnership with la food recovery organizations, providing weekly food distributions to participants' households. In 2023, feast distributed over 50,000LBS of recovered produce to our program participants and community at large.

$710Kprogram expense
02

Core Curriculums Program

In order to promote sustainable health and wellness, feast offers two food education curriculums: wellness and family feeding. (see schedule o)

$232Kprogram expense
03

Leadership Training Program

Feast's path to scale includes providing three-day leadership training for community members and health educators. Once trained, these leaders are prepared to bring feast's programs to their communities and teach our curriculum and programs.

$28Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFeast INC
EINHdr · item D46-4312265
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jwww.feastforall.org
Year of formationHdr · item L2013
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFood & Agriculture (K30)
Ruling yearIRS BMFSep 2014

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a20
Independent voting membersPt VI · Ln 1b19
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
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
President/Executive Director
$122,009Pt VII · Sec A
Director of Operations
$92,600Pt VII · Sec A
External Vice Chair
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Sydney Zetune’s $57K as Executive Director is at the 60th percentile of top reported officer pay among 1173 $100K–1M 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 · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Ave Lambert$25,398$122,009$117,784
Amy Vu$97,754
Sydney Zetune$96,825$92,600
Dana Rizer$28,667$68,000$84,000
Sydney Zetune$57,057

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$578K · 96%
Program service revenue$47K · 8%
Contributions & grants96%$578K
Program service revenue8%$47K
Investment income$25
— government grantsLn 1e$74K
Total revenueLn 12$602K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.14 Fundraising $0.13
Program services73%$971K
Management & general14%$187K
Fundraising13%$179K
Total functional expensesLn 25$1.3M

Balance Sheet

Part X · end of year
CashLn 1$199K
Total assetsLn 16$255K
Total liabilitiesLn 26$84K
Total net assetsLn 32$170K
Months of cash on handcomputed1.8

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $199K · Operating expenses (Pt IX) $1.3M · Less non-cash grants $157K · Cash operating expenses/yr $1.2M
2.0 months
Where the money goes
Program services
Program services $971K · Total expenses $1.3M
73%
Management & General
Management & general $187K · Total expenses $1.3M
14%
Fundraising
Fundraising $179K · Total expenses $1.3M
13%
Cost to raise $1
Fundraising expense (3-yr avg) $107K · Solicited contributions (3-yr avg) $829K
$0.13 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $578K · Total revenue $602K
96%
Government reliance
Government grants $74K · Total revenue $602K
12%
Earned-income share
Program service revenue $47K · Total revenue $602K
8%
Investment reliance
Investment income $25 · Total revenue $602K
<0.01%
Program self-sufficiency
Program service revenue $47K · Total expenses $1.3M
3%
Growth & trend
Revenue growth (YoY)
This year $602K · Prior year $375K
+60%
Net-asset trend (YoY)
End of year $170K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $602K · Expenses $1.3M
-122%
Liabilities-to-Assets
Total liabilities — · Total assets $255K
Net-asset ratio
Net assets $170K · Total assets $255K
67%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $255K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ave Lambert · Reported title PRESIDENT/EXECUTIVE DIRECTOR · Highest reported compensation $122K · Total expenses $1.3M
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $725K · Total expenses $1.3M
54%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 14%
Fundraising cost ratio 31%
Revenue growth 60%
Legal fee ratio 1%
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 10 funders →
Grants paid · 2 grants · $31K · 2020–2021
Unitemized GrantFY2021$22,163
Unitemized GrantFY2020$8,963

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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
FY2025 (Latest)$751K revenue · ⤓ 990 PDF
FY2024$1.0M revenue · ⤓ 990 PDF
FY2023$602K revenue · viewing · ⤓ 990 PDF
FY2022$375K revenue · ⤓ 990 PDF
FY2021$1.8M revenue · ⤓ 990 PDF
FY2020$633K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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