Catalyize the improvement of global food safety inspring the trust of the world's consumers.

501(c)(3) charity; gifts are tax-deductible.
47¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

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
4 of 5
filings with a surplus
Average surplus $57K a year · 16% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
47%
of spending
Concern: 47% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
65 mo
of spending, in cash
Looks good: 64.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$469K
33% of total assets
Looks good: liabilities are 33% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 4 voting members
Concern: none of 4 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$281K
-2% vs prior year
Spent
$206K
To programs
47%
Net assets
$966K
By yearFY2020–FY2024
Revenue
$281K
FY2024▼ -2%
Tap a bar for its year
Revenue by fiscal year
FY2020$445K
FY2021$404K
FY2022$364K
FY2023$288K
FY2024$281K
Expenses
$206K
FY2024▼ -1%
Tap a bar for its year
Expenses by fiscal year
FY2020$525K
FY2021$379K
FY2022$177K
FY2023$209K
FY2024$206K
Net assets
$966K
FY2024▲ +8%
Tap a bar for its year
Net assets by fiscal year
FY2020$600K
FY2021$626K
FY2022$812K
FY2023$891K
FY2024$966K

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 2000.

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

Where the money goes

47 cents of each dollar spent went to programs.

Program services 47% · $97K Management & general 53% · $109K

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

5 people listed on the 990.

Part VII, Section A · reportable compensation
President & CEO (end 08/24)
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Weiyi Zhao’s $83K as Director of Found. Operations is at the 57th percentile of top reported officer pay among 313 $100K–1M science & technology 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

NameFY2021FY2020
Weiyi Zhao$83,338$121,644

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.

See Consumer Brands Association Foundation INC executive salaries →

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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 15aNo

Programs and updates

Inspires global consumer trust by improving food safety worldwide.

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Provided by the organization

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1 program · $97K · in their own filed words · FY2024
01

Research projects, training and best-in-class education seek to increase knowledge in food safety and food science and benefit members of the Consumer Brands Association as well as the general public.

$97Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$281K
Ln 12
Other incomeLn 4–11$217K
Fees for servicesLn 2g$34K
Investment incomeLn 3$31K
Money outPt IX
$206K
Ln 25
Programscol B$97K
Managementcol C$109K
Owns and owesPt X
$966K
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$1.4M
LiabilitiesLn 26$469K
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a4
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$34K
Investment incomeLn 3$31K
Other incomeLn 4–11$217K
Total revenueLn 12$281K
Assets in detailPt X, end of year
CashLn 1$482K
SavingsLn 2$628K
Cash and savings togetherLn 1–2$1.1M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$1.4M
LiabilitiesLn 26$469K
Net assetsLn 32$966K
OperationsPt I, VI
EmployeesI 51
VolunteersI 60
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$918K$1.1M
Land, buildings, equipmentLn 10c$0$0
Total assetsLn 16$1.1M$1.4M
LiabilitiesLn 26$222K$469K
Net assetsLn 32$891K$966K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$98K$43K$55K
Other employee benefitsLn 9$36K$16K$20K
Management feesLn 11a$27K$12K$15K
Legal feesLn 11b$3K$1K$1K
Other fees for servicesLn 11g$4K$2K$1K$0
Office expensesLn 13$39K$23K$16K
All other expensesLn 24e$0$0$0$0
Total functional expensesLn 25$206K$97K$109K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $281K$206K$75K$966K 990 PDF
FY2023 $288K$209K$79K$891K 990 PDF
FY2022 $364K$177K$186K$812K 990 PDF
FY2021 $404K$379K$25K$626K 990 PDF
FY2020 $445K$525K−$80K$600K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $281,213 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $11,500$33,500
I-10 Investment incomePrior year $28,601$31,115
I-11 Other revenuePrior year $247,998$216,598
I-12 Total revenuePrior year $288,099$281,213
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $80,119$134,433
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $128,577$71,588
I-18 Total expensesPrior year $208,696$206,021
I-19 Revenue less expensesPrior year $79,403$75,192
Part VI · Governance 0 of 4 board members independent, 1 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members0
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $281,213 across 7 lines filed
Lines not itemized here account for $206,066 of total revenue; see the IRS return.
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $33,500$33,500
VIII-3 Investment incomeExcluded from tax $31,115$31,115
VIII-5 RoyaltiesExcluded from tax $10,502$10,502
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $30$30
VIII-12 Total revenueRelated to mission $239,596 · Unrelated business $0 · Excluded from tax $41,617$281,213
Part IX · Statement of functional expenses $206,021 across 7 lines filed
IX-7 Other salaries and wagesPrograms $42,911 · Management $55,215$98,126
IX-9 Other employee benefitsPrograms $15,877 · Management $20,430$36,307
IX-11a Management feesPrograms $11,758 · Management $15,129$26,887
IX-11b Legal feesPrograms $1,492 · Management $1,014$2,506
IX-11g Other fees for servicesPrograms $2,162 · Management $1,468 · Fundraising $0$3,630
IX-13 Office expensesPrograms $22,968 · Management $15,597$38,565
IX-24e All other expensesPrograms $0 · Management $0 · Fundraising $0$0
IX-25 Total functional expensesPrograms $97,168 · Management $108,853 · Fundraising $0$206,021
Part X · Balance sheet $1,434,957 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $321,870$481,819
X-2 Savings and temporary cash investmentsStart of year $596,588$627,828
X-4 Accounts receivableStart of year $188,833$290,613
X-8 Inventories for sale or useStart of year $6,112$27,017
X-9 Prepaid expenses and deferred charges$7,680
X-10c Land, buildings and equipment, netStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $1,113,403$1,434,957
X-17 Accounts payable and accrued expensesStart of year $203,530$449,892
X-19 Deferred revenueStart of year $18,631$18,631
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $222,161$468,523
X-27 Net assets without donor restrictionsStart of year $891,242$966,434
X-32 Total net assets or fund balancesStart of year $891,242$966,434
X-33 Total liabilities and net assetsStart of year $1,113,403$1,434,957
Part XI · Reconciliation of net assets $966,434 net assets at year end
XI-1 Total revenue$281,213
XI-2 Total expenses$206,021
XI-3 Revenue less expenses$75,192
XI-4 Net assets at start of year$891,242
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$966,434

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

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