New England Food Foundation Inc
- Assets
- $4.2m
- Revenue
- $194.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 07/1987
- Data as of
- 08/2022
- EIN
- 04-2935083
Organization Overview
New England Food Foundation Inc is located in Boston, MA. The organization was established in 1987. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New England Food Foundation Inc 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 08/2022, New England Food Foundation Inc generated $194.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.7% each year . All expenses for the organization totaled $174.0k during the year ending 08/2022. While expenses have increased by 0.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION ASSISTS POOR, NEEDY, HOMELESS AND DESTITUTE CHILDREN AND YOUNG ADULTS, PARTICULARLY THOSE WITH SPECIAL EDUCATIONAL AND SOCIAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTING THE POOR, NEEDY, HOMELESS AND DESTITUTE CHILDREN AND YOUNG ADULTS, PARTICULARLY THOSE WITH SPECIAL EDUCATIONAL AND SOCIAL NEEDS. THE PRINCIPAL ACTIVITY IS MAINTENANCE OF A HOME IN SANDWICH, MA. THE HOME IS A PLACE FOR NEEDY AND DISADVANTAGED CHILDREN TO GO AND EXPERIENCE TIME IN A QUIET AND RURAL SETTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Johnson 1st Vice Pre | OfficerTrustee | $0 | |
John Gentile Secretary | OfficerTrustee | $0 | |
Drew Rzezutko 2nd Vice Pre | OfficerTrustee | $0 | |
Cheryl Schondek President | OfficerTrustee | $0 | |
Shawn Lynch Past Preside | OfficerTrustee | $0 | |
Kim Richardson-Roach Treasurer | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,816 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,816 |
| Total Program Service Revenue | $1,950 |
| Investment income | $60,349 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$58,978 |
| Net Income from Fundraising Events | $185,003 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $194,140 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $3,898 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,895 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,517 |
| Fees for services: Other | $18,000 |
| Advertising and promotion | $0 |
| Office expenses | $2,605 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,172 |
| Insurance | $6,119 |
| All other expenses | $26,909 |
| Total functional expenses | $173,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $165,414 |
| Savings and temporary cash investments | $100,474 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $37,500 |
| 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 | $13,308 |
| Net Land, buildings, and equipment | $478,308 |
| Investments—publicly traded securities | $3,406,563 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $4,201,567 |
| Accounts payable and accrued expenses | $9,249 |
| Grants payable | $0 |
| Deferred revenue | $91,125 |
| 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 | $100,374 |
| Net assets without donor restrictions | $694,630 |
| Net assets with donor restrictions | $3,406,563 |
| 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 | $4,201,567 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New England Food Foundation Inc has recieved totaling $13.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $13 |
Endowment Analysis
| Beg. Balance | $3,893,538 |
| Earnings | -$467,458 |
| Admin Expense | $19,517 |
| Ending Balance | $3,406,563 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Community Services Inc Jamaica, NY | $16,204,658 | $61,833,370 |
Foodlink Inc Rochester, NY | $12,495,538 | $50,797,539 |
Edesia Inc North Kingstown, RI | $34,638,112 | $45,463,901 |
Rethink Food Nyc Inc New York, NY | $24,716,191 | $29,334,574 |
Project Bread - The Walk For Hunger Inc East Boston, MA | $11,948,413 | $15,098,686 |
Tomche Shabbos Of Rockland County Monsey, NY | $3,190,088 | $8,439,711 |
Interfaith Nutrition Network Hempstead, NY | $10,559,882 | $10,681,917 |
St Johns Bread & Life Program Inc Brooklyn, NY | $8,308,596 | $7,077,565 |
Boston Area Gleaners Inc Acton, MA | $5,396,284 | $7,361,756 |
Urban Food Initiative Dorchester, MA | $4,670,593 | $4,930,418 |
Rescuing Leftover Cuisine New York, NY | $1,103,625 | $3,644,862 |
Lasagna Love Inc Williamstown, MA | $142,703 | $3,275,591 |