Full Belly Project LTD
- Assets
- $0.0
- Revenue
- $105.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Wilmington, NC
- Founding
- 09/2003
- Data as of
- 06/2021
- EIN
- 02-0661392
Organization Overview
Full Belly Project LTD is located in Wilmington, NC. The organization was established in 2003. According to its NTEE Classification (Q31) the organization is classified as: International Agricultural Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2021, Full Belly Project LTD employed 2 individuals. Full Belly Project LTD is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Full Belly Project LTD generated $105.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $194.1k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DESIGN AND DISTRIBUTE INNOVATIVE, SUSTAINABLE TECHNOLOGIES WITH OUR LOCAL COMMUNITY THAT EMPOWER PEOPLE ALL OVER THE WORLD TO IMPROVE THEIR OWN LIVES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR VISION IS A WORLD IN WHICH ALL PEOPLE ARE EMPOWERED WITH RESOURCES TO CHANGE THEIR LIVES THROUGH SUSTAINABLE SOLUTIONS TO IMPROVE FOOD SECURITY, BETTER THEIR HEALTH AND INCREASE THEIR INCOME; AND THAT OUR LOCAL COMMUNITY CONSISTS OF GLOBAL CITIZENS WHO TAKE ACTION TO BUILD COMMUNITIES THAT THRIVE THROUGH PARTNERSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ed Wadbrook Treasurer | OfficerTrustee | 2 | $0 |
Lesley Daspit Board Chair | OfficerTrustee | 2 | $0 |
Dan Ferrell Director | Trustee | 2 | $0 |
Mark Brownlie Director | Trustee | 2 | $0 |
Barbara Banks Secretary | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,055 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,555 |
| Total Program Service Revenue | $1,542 |
| Investment income | $35 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $95,676 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $105,808 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $155,035 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,069 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,471 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,839 |
| Fees for services: Accounting | $2,230 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $773 |
| Advertising and promotion | $0 |
| Office expenses | $2,307 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $988 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $618 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $6,101 |
| All other expenses | $0 |
| Total functional expenses | $194,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, Full Belly Project LTD has awarded $145,035 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Wilmington, NC PURPOSE: Operations | $100,000 |
Wilmington, NC PURPOSE: Operations | $20,500 |
Burgaw, NC PURPOSE: Operations | $14,000 |
Wilmington, NC PURPOSE: Operations | $10,535 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Full Belly Project LTD has recieved totaling $2,400.
| Awarding Organization | Amount |
|---|---|
The Lagomarsino Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,200 |
The Lagomarsino Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $1,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Potato Center Alexandria, VA | $39,013,674 | $55,811,444 |
John Maxwell Leadership Foundation Inc Duluth, GA | $1,718,508 | $1,173,402 |
Rural Advancement Foundation International-Usa Pittsboro, NC | $4,598,497 | $3,762,737 |
Association Of International Agricultural Research Centers Alexandria, VA | $59,813,371 | $2,371,779 |
Seed Programs Inc Asheville, NC | $342,187 | $395,654 |
Flint Global Partners Inc Cookeville, TN | $61,536 | $391,579 |
Full Belly Project LTD Wilmington, NC | $0 | $105,808 |
Firekeepers International Mohawk, TN | $47,351 | $112,117 |
Langano Harvest Foundation Concord, NC | $28,616 | $0 |
Resources For Philippine Rural Communities Corporation Duluth, GA | $101,246 | $0 |