Food Cooperative
- Assets
- $18.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- La Jolla, CA
- Founding
- 01/1994
- Data as of
- 06/2023
- EIN
- 33-0523109
Organization Overview
Food Cooperative is located in La Jolla, CA. The organization was established in 1994. According to its NTEE Classification (O53) the organization is classified as: Youth Development - Business, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Food Cooperative 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 06/2023, Food Cooperative generated $13.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $4.4k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE PRIMARY PURPOSE OF THE FOOD COOPERATIVE IS TO PROVIDE AFFORDABLE VEGAN FOOD OPTIONS FOR MEMBERS OF THE UC SAN DIEGO COMMUNITY. WE DID THIS THROUGH OUR LOW PRICES AND OUR PAY IT FORWARD PROGRAM. THIS IS A FUND THAT CUSTOMERS CAN DONATE INTO AND ALSO USE TO PAY FOR THEIR MEALS. THIS ALLOWS US TO PROVIDE COMMUNITY MEMBERS WITH HOT, VEGAN MEALS AT NO COST TO THEM. WE ARE OPEN DURING WEEKDAYS THROUGHOUT THE SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Megha Srivatsa Co-Officer | 10 | $0 | |
Michelle Melone Co-Officer | 10 | $0 | |
Madison Sellers Co-Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,396 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $13,490 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,358 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $4,358 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,927 |
| Other assets | $0 |
| Total assets | $18,927 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,927 |