Feeding The Future Inc
- Assets
- $181.3k
- Revenue
- $296.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Chattanooga, TN
- Founding
- 01/2018
- Data as of
- 12/2022
- EIN
- 32-0530898
Organization Overview
Feeding The Future Inc is located in Chattanooga, TN. The organization was established in 2018. 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. Feeding The Future 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 12/2022, Feeding The Future Inc generated $296.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $244.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Feeding The Future Inc has awarded 30 individual grants totaling $304,318. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOST A GOLF TOURNAMENT TO RAISE FUNDS FOR CHARITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Greg Mccall Vice President | 1 | $0 | |
Tom Mayberry Treasurer | 5 | $0 | |
Peggy Russell Secretary | 1 | $0 | |
C J Recher Business Manager | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $295,987 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $295,987 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $244,629 |
| Total operating and administrative expenses | $244,629 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $244,629 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,275 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $45,350 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $3,625 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $181,250 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Feeding The Future Inc has awarded $121,218 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ATLANTA COMMUNITY FOOD BANK PURPOSE: HUNGER WALK GENERAL DONATION | $20,000 |
FOOD BANK OF NORTH ALABAMA PURPOSE: HELP END KID'S HUNGER | $5,000 |
FEEDING THE GULF COAST PURPOSE: HELP END KID'S HUNGER | $5,250 |
WIREGRASS AREA FOOD BANK PURPOSE: END KID'S HUNGER | $3,000 |
CHATTANOOGA AREA FOOD BANK PURPOSE: HELP END KID'S HUNGER | $10,000 |
GRACIE BEASLEY PURPOSE: CONTRIBUTIONS OF FIVE STAR EMPLOYEES TO RELATIVE OF COWORKER WHO DIED. | $943 |