Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2023.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
80 cents of each dollar spent went to programs.
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
3 people listed on the 990; $120K paid to officers and key staff.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|
| Lasse Bruun | $4,185 | $120,000 | $112,500 | $86,000 |
| Sebastian Joy | — | — | $24,000 | — |
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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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
Reducing global animal product use by half by 2040.
Questions for 50by40 INC
Your first name shows with your question. 50by40 INC answers here, for everyone.
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50BY40 networkthe 50BY40 network is a global consortium focused on overhauling the current food system. Targeting industrialized animal agriculture, the initiative aspires to achieve a 50% reduction in production and consumption by 2040. This is carried out through collaboration with various stakeholders across the globe.
Working groupsthe program focuses on creating a sustainable global food system through various working groups. These groups tackle pressing issues and collaborate with partners to increase their collective IMPACT.THE program focuses on creating a sustainable global food system through various working groups.
EVENTS50BY40 hosted and participated in several events in 2022 to further their mission of transforming global food systems to address climate change and promote sustainable practices. In 2022, 50BY40 led several significant initiatives aiming to reshape global food systems and address climate change.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990, line by line.
Download 990
| Line | Start FY22 | End FY22 |
|---|---|---|
| Cash and savingsLn 1–2 | $255K | $42K |
| Total assetsLn 16 | $255K | $42K |
| LiabilitiesLn 26 | $0 | $0 |
| Net assetsLn 32 | $255K | $42K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $10K | $10K | ||
| Grants and assistance to foreign recipientsLn 3 | $28K | $28K | ||
| Other salaries and wagesLn 7 | $200K | $200K | ||
| Payroll taxesLn 10 | $22K | $22K | ||
| Management feesLn 11a | $264K | $188K | $76K | |
| Legal feesLn 11b | $625 | $625 | ||
| Accounting feesLn 11c | $10K | $10K | ||
| Advertising and promotionLn 12 | $4K | $4K | ||
| Office expensesLn 13 | $9K | $374 | $9K | |
| Information technologyLn 14 | $18K | $18K | ||
| TravelLn 17 | $29K | $29K | ||
| InsuranceLn 23 | $6K | $6K | ||
| Total functional expensesLn 25 | $601K | $478K | $123K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2023 Latest | $55 | $42K | −$42K | $0 | 990 PDF |
| FY2022 Viewing | $388K | $601K | −$212K | $42K | 990 PDF |
| FY2021 | $1.1M | $1.0M | $53K | $255K | 990 PDF |
| FY2020 | $833K | $631K | $202K | $202K | 990 PDF |
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Schedules filed Part IV
See the full FY2022 990 (6 parts)
Part I · Summary $388,293 revenue, 12 lines filed
Part VI · Governance 2 of 3 board members independent, 1 to look at
Part VIII · Statement of revenue $388,293 across 4 lines filed
Part IX · Statement of functional expenses $600,690 across 12 lines filed
Part X · Balance sheet $42,275 assets, 5 lines filed
Part XI · Reconciliation of net assets $42,275 net assets at year end
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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