Chow Corp
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Empowers veterans with culinary skills, cookware, and business guidance for food ventures. For fiscal year 2024 it reported $317K in revenue, $272K in expenses.Pt I
Summary of the Filing
Where the work happens
Lets Chow food truck program expenses are the primary training and food donation platform for the program. Lets Chow donated over 10,000 meals and provided 20,000 training hours for veterans with these funds which ensured the food trucks were maintained and operating. This included food and programmatic costs.
Lets Chow provided week long training at a professional sports event in Washington DC area to all of the program veterans. Expenses included training lodging transportation and other associated costs with operations.
Lets Chow purchases food trucks and provides to veteran owned businesses at a minimum rental fee. In return the veteran receives business mentorship and operational coverage of the truck to include maintenance and regulatory fees.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Charles Magovern’s $33K as COO is at the 28th percentile of top reported officer pay among 1034 $100K–1M public & societal benefit 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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 100% | — | — |
| Overhead ratio | 0% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 26% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 0% | — | — |
| Fundraising fee ratio | 0% | — | — |
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
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