World Food Logistics Organization
- Assets
- $1.2m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Arlington, VA
- Founding
- 10/1970
- Data as of
- 12/2021
- EIN
- 36-2181657
Organization Overview
World Food Logistics Organization is located in Arlington, VA. The organization was established in 1970. According to its NTEE Classification (U99) the organization is classified as: Science & Technology N.E.C., under the broad grouping of Science & Technology and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. World Food Logistics Organization 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 12/2021, World Food Logistics Organization generated $1.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. 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
DEVELOP AND SUPPORT SYSTEMS, NETWORKS, AND BEST-PRACTICES THROUGH RESEARCH AND EDUCATION WITHIN THE GLOBAL FOOD INDUSTRY AND AMONG TRADING PARTNERS FOR SAFE, EFFICIENT AND RELIABLE MOVEMENT OF FOOD TO THE PEOPLE OF THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ANNUAL REFRIGERATION WAREHOUSE MANAGEMENT INSTITUTE FOR TRAINING APPROXIMATELY 383 MEMBERS.PRIOR TO THE ONSET OF THE PANDEMIC, WFLO HOSTED OUR ANNUAL INSTITUTE TRAINING PROGRAM IN JANUARY AND FEBRUARY 2020. OUR COMBINED ATTENDANCE ACROSS OUR TWO TRAINING SITES TOTALED 445 STUDENTS, REPRESENTING 57 TEMPERATURE-CONTROLLED THIRD-PARTY LOGISTICS PROVIDERS. UNFORTUNATELY, WFLO WAS UNABLE TO HOST THE LIVE IN PERSON INSTITUTES IN 2021 BUT WE DID CONTINUE TO ENGAGE ATTENDEES VIA VIRTUAL TRAINING CLASSES, WEBINARS AND A NEW LEARNING MANAGEMENT SYSTEM (LMS).
RESEARCH AND DEVELOPMENT IN THE FIELD OF REFRIDGERATION OF FOOD AND COMMODITIES GLOBALLY.IN 2021 WFLO SUPPORTED 15 INTERNATIONAL DEVELOPMENT PROJECTS COVERING 21 COUNTRIES. WE SUCCESSFULLY LED AN EDUCATIONAL COLD CHAIN STUDY TOUR FOR A DELEGATION FROM THE DOMINICAN REPUBLIC, COMPLETED ASSESSMENTS IN BANGLADESH AND THE DOMINICAN REPUBLIC, AND CLOSED OUT AN EXTENSIVE REMOTE TRAINING PROGRAM FOR CENTRAL ASIA. OUR REMOTE/ONLINE TRAINING PROGRAMS ARE IN VARIOUS STAGES OF REPLICATION FOR OTHER COUNTRIES.
MAINTAIN LIBRARY FOR RESEARCH QUESTIONS BY MEMBERS REGARDING REFRIDGERATION OF FOOD AND COMMODITIES.
OTHER PROGRAM SERVICES INCLUDING MEMBERSHIP AND INTERNATIONAL PROJECT DEVELOPMENT/MANAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Henningsen Immediate Past Chair | OfficerTrustee | 1 | $0 |
Greg Laurin Treasurer | OfficerTrustee | 1 | $0 |
Daniel Kaplan Vice Chairman | OfficerTrustee | 1 | $0 |
Matthew Ott President And CEO | Officer | 8 | $0 |
Angie Schmidt Member | Trustee | 1 | $0 |
Arne Martinsen Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $367,526 |
| All other contributions, gifts, grants, and similar amounts not included above | $531,287 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $898,813 |
| Total Program Service Revenue | $524,514 |
| Investment income | $18,679 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $23,699 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,479,485 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $302 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $98 |
| Fees for services: Accounting | $13,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,842 |
| Fees for services: Other | $1,445,276 |
| Advertising and promotion | $0 |
| Office expenses | $60,766 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $142,453 |
| Travel | $61,834 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,797 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,571 |
| All other expenses | $33,085 |
| Total functional expenses | $1,796,524 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,467 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $171,148 |
| 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 | $53,378 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $919,076 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,154,069 |
| Accounts payable and accrued expenses | $100,335 |
| Grants payable | $0 |
| Deferred revenue | $239,281 |
| 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 | $339,616 |
| Net assets without donor restrictions | $769,953 |
| Net assets with donor restrictions | $44,500 |
| 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 | $1,154,069 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that World Food Logistics Organization has recieved totaling $195,863.
| Awarding Organization | Amount |
|---|---|
Improving Economies For Stronger Communities Washington, DC PURPOSE: PROGRAM SERVICES | $98,225 |
Land Olakes Venture37 Arden Hills, MN PURPOSE: BANGLADESH BTF GRANT | $47,914 |
Cnfa Washington, DC PURPOSE: GEORGIA COLD CHAIN MANAGEMENT | $39,724 |
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $10,000 |
Endowment Analysis
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