Jacques Pepin Foundation EIN 81-2706568 Form 990 (PDF) Claim this org

Jacques Pepin Foundation

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Provides free culinary and life skills training for disadvantaged adults. For fiscal year 2024 it reported $1.4M in revenue, $1.5M in expenses, and $1.7M in net assets.Pt I

Type
Public charity (501(c)(3)) · Employment
Location
Barrington, RI
Website
jp.foundation
Filings
5 on file (2020–2024)
Revenue
$1.4MFY2024
Expenses
$1.5M
Net assets
$1.7M
People
8
Filings
5
Updates
0
More identity details & actions ⌄
EIN  81-2706568 Public charity (501(c)(3)) Barrington, RI
Form 990 (PDF)
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Size
$1–10M
What they do
Provides free culinary and life skills training for disadvantaged adults.
Leadership
Rolland Wesen EdD · Vice President/Executive Director · $82K
Money in and out
$1.4M revenue, $1.5M expenses
Bottom line
52% program efficiency
Where the money goes · FY2024
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$86K
Where spending went · Part IX cols B–D
Program services $0.52 Management & general $0.17 Fundraising $0.31
Program efficiency
52%
of spending reaches programs▼ -16% vs prior filing year
Operating runway
16.4mo
months of highly liquid reserves at operating expense rate▼ -34% vs prior filing year
Surplus margin
-6%
revenue over expenses, this year▼ -132% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$1.4M
FY2024▲ +18%
Expenses
$1.5M
FY2024▲ +54%
Total assets
$2.2M
FY2024▲ +14%
Total liabilities
$482K
FY2024▲ +193%
Total revenue
$1.4M
Pt VIII · Ln 12
Total expenses
$1.5M
Pt IX · Ln 25
Net assets
$1.7M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$86K
Total assetsPt X · Ln 16$2.2M
Program-expense ratioPt IX · col B52%
Voting members of governing bodyPt I · Ln 37
Independent voting membersPt I · Ln 46

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CJacques Pepin Foundation
EINHdr · item D81-2706568
Principal addressHdr · item CBarrington, RI
WebsiteHdr · item Jjp.foundation
Year of formationHdr · item Lpending
State of legal domicileHdr · item MRI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEmployment (J22)
Ruling yearIRS BMFJul 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a7
Independent voting membersPt VI · Ln 1b6
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 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Vice President/Executive Director
$82,228Pt VII · Sec A
Executive Chairman
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Rolland Wesen Edd’s $82K as Vice President/Executive Director is at the 14th percentile of top reported officer pay among 1236 $1–10M employment 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

NameFY2024FY2023FY2022FY2021FY2020
Rolland Wesen Edd$82,228$81,250$71,875$68,875$56,875

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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Mission & Programs · Part III

Where the work happens

2 program services account for $780K of program spending, described in the organization's own filed words · FY2024.
01

The jacques pepin foundations principal activity is to support the work of existing non-profit organizations that train economically disadvantaged adults for food service employment. The organizations supported teach culinary skills and life skills to individuals that are excluded from the workforce.

$590Kprogram expense
02

Culinary Education / Membership Revenue

The JPF teaches and inspires people to cook. We provide access to culinary education through hundreds of technique videos on our website and social media platforms, for free, as well as a video recipe book of recipes from the most renowned chefs to our JPF members.

$190Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$1.1M · 75%
Program service revenue$265K · 19%
Investment income$94K · 7%
Contributions & grants75%$1.1M
Program service revenue19%$265K
Investment income7%$94K
Total revenueLn 12$1.4M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.52 Management & general $0.17 Fundraising $0.31
Program services52%$780K
Management & general17%$265K
Fundraising31%$469K
Total functional expensesLn 25$1.5M

Balance Sheet

Part X · end of year
CashLn 1$404K
Total assetsLn 16$2.2M
Total liabilitiesLn 26$482K
Total net assetsLn 32$1.7M
Months of cash on handcomputed3.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $2.0M · Operating expenses (Pt IX) $1.5M · Less non-cash grants $41K · Cash operating expenses/yr $1.5M
16.4 months
Where the money goes
Program services
Program services $780K · Total expenses $1.5M
52%
Management & General
Management & general $265K · Total expenses $1.5M
17%
Fundraising
Fundraising $469K · Total expenses $1.5M
31%
Cost to raise $1
Fundraising expense (3-yr avg) $289K · Solicited contributions (3-yr avg) $980K
$0.30 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $1.1M · Total revenue $1.4M
75%
Government reliance
Government grants — · Total revenue $1.4M
Earned-income share
Program service revenue $265K · Total revenue $1.4M
19%
Investment reliance
Investment income $94K · Total revenue $1.4M
+7%
Program self-sufficiency
Program service revenue $265K · Total expenses $1.5M
18%
Growth & trend
Revenue growth (YoY)
This year $1.4M · Prior year $1.2M
+18%
Revenue CAGR
FY2020 $1.2M · FY2024 $1.4M
+4%
Net-asset trend (YoY)
End of year $1.7M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $1.4M · Expenses $1.5M
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $2.2M
Net-asset ratio
Net assets $1.7M · Total assets $2.2M
78%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.6M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $2.2M
73%
People & payroll
Highest Reported Total Compensation
Individual Rolland Wesen Edd · Reported title VICE PRESIDENT/EXECUTIVE DIRECTOR · Highest reported compensation $82K · Total expenses $1.5M
5%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $568K · Total expenses $1.5M
38%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 52%
Overhead ratio 17%
Fundraising cost ratio 44%
Revenue growth 18%
Legal fee ratio 3%
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.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$500
Grants paid · 107 grants · $1.2M · 2020–2024
Kitchen of PurposeVA · FY2024$50,000
Catalyst KitchensWA · FY2024$25,000
Food Education Fund INCNY · FY2024$15,000
Project Renewal INCNY · FY2024$15,000
Fare StartWA · FY2024$10,000
Central Texas Food Bank INCTX · FY2024$10,000
Reconcile New Orleans INCLA · FY2024$10,000
Forge City Works INCCT · FY2024$10,000
Kitchens for GoodCA · FY2024$10,000
YWCA Evanston North ShoreIL · FY2024$10,000
Community Kitchen PittsburghPA · FY2024$10,000
Community ServingsFY2024$10,000
Together We BakeVA · FY2024$10,000
The Prospect KcMO · FY2024$10,000
Hot Bread KitchenFY2024$10,000
See all 107 grants →

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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)$1.4M revenue · viewing · ⤓ 990 PDF
FY2023$1.2M revenue · ⤓ 990 PDF
FY2022$1.1M revenue · ⤓ 990 PDF
FY2021$795K revenue · ⤓ 990 PDF
FY2020$1.2M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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