Delta Fresh Foods Initiative
- Assets
- $595.6k
- Revenue
- $339.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Drew, MS
- Founding
- 08/2013
- Data as of
- 12/2021
- EIN
- 45-5378239
Organization Overview
Delta Fresh Foods Initiative, operating under the name Delta Fresh Foods Initiative Inc, is located in Drew, MS. The organization was established in 2013. According to its NTEE Classification (K20) the organization is classified as: Agricultural 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. Delta Fresh Foods Initiative 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 12/2021, Delta Fresh Foods Initiative Inc generated $339.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 26.1% each year . All expenses for the organization totaled $168.7k during the year ending 12/2021. While expenses have increased by 31.5% per year over the past 5 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILD SUSTAINABLE FOOD SYSTEMS IN THE MISSISSIPPI DELTA
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILD SUSTAINABLE FOOD SYSTEMS IN THE MISSISSIPPI DELTA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Benson Board Chair | Officer | 1 | $0 |
Valerie Hawkins Vice Chair | Officer | 1 | $0 |
Gloria Dickerson Treasurer | Officer | 1 | $0 |
Deborah Moore Member At Large | 1 | $0 | |
Trena Robinson Member At Large | 1 | $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 | $339,197 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $339,197 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $339,197 |
| 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 | $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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $176 |
| Office expenses | $1,137 |
| Information technology | $1,390 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,431 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,672 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,372 |
| All other expenses | $35,043 |
| Total functional expenses | $168,740 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $571,337 |
| 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 | $24,260 |
| Total assets | $595,597 |
| 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 | $595,597 |
| Total liabilities and net assets/fund balances | $595,597 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Delta Fresh Foods Initiative has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Newmans Own Foundation Westport, CT PURPOSE: BOLIVAR COUNTY HEALTHY EATING, HEALTHY LIVING | $30,000 |
Newmans Own Foundation Westport, CT PURPOSE: PROFESSIONAL DEVELOPMENT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arkansas Farm Bureau Federation Little Rock, AR | $66,846,371 | $16,311,552 |
Farm Bureau Federation Mississippi Jackson, MS | $25,935,364 | $15,464,290 |
Montgomery Academy Inc Montgomery, AL | $22,347,255 | $11,005,286 |
Tennessee Farm Bureau Federation Columbia, TN | $127,985,651 | $12,173,337 |
Southern United States Trade Association Susta New Orleans, LA | $3,093,143 | $7,251,421 |
Louisiana Farm Bureau Federation Inc Baton Rouge, LA | $75,119,133 | $8,594,309 |
Louisiana Quarter Horse Breeders Association Alexandria, LA | $10,986,998 | $7,601,612 |
Agricenter International Inc Memphis, TN | $11,833,861 | $6,132,848 |
Bayou Sugar Growers Inc Carencro, LA | $1,179 | $4,490,376 |
United Food And Commercial Workers International Union Hermitage, TN | $1,044,868 | $3,906,250 |
Pearl River Central Water Asso Mcneill, MS | $11,980,127 | $2,091,662 |
United Food And Commercial Workers International Union Little Rock, AR | $1,208,420 | $1,631,344 |