Boulder Food Rescue
- Assets
- $1.6m
- Revenue
- $15.9m
- Investments
- $0.0
- Employees
- 52
- Location
- Denver, CO
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-2096160
Organization Overview
Boulder Food Rescue is located in Denver, CO. The organization was established in 2014. According to its NTEE Classification (K31) the organization is classified as: Food Banks & Pantries, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Boulder Food Rescue employed 52 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Boulder Food Rescue 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, Boulder Food Rescue generated $15.9m in total revenue. All expenses for the organization totaled $15.8m during the year ending 12/2021. While expenses have increased by 124.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO REDUCE FOOD WASTE AND INCREASE HEALTHY FOOD ACCESS WITH DENVER RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ALIGNED WITH A FEDERAL FOOD PROGRAM THROUGH THE STATE OF COLORADO TO PROCURE AND DELIVER FOOD BOXES TO UNDERSERVED AND LOW INCOME HOMES THROUGH OUR DELIVERY ENTITY, BONDADOSA. THIS NEED AROSE DURING THE COVID PANDEMIC AND WE COMMITTED TO CONTINUING THE PROGRAM THROUGH 2021. 450,000 DELIVERIES WERE MADE DURING THIS TIME.
WE INCREASE HEALTH EQUITY WITH DENVER NEIGHBORHOODS BY RESCUING HIGH-QUALITY, FRESH PRODUCE AND PERISHABLE FOODS THAT WOULD OTHERWISE BE THROWN AWAY BY GROCERY STORES, FARMERS MARKETS, AND PRODUCE DISTRIBUTORS. WITH THE HELP OF OUR AMAZING VOLUNTEERS, THE FOOD WE RESCUE IS DELIVERED (OFTEN BIKED!) TO DENVER NEIGHBORHOODS FOR DIRECT DISTRIBUTION AT NO COST GROCERY PROGRAMS (NCGPS). NCGPS ARE CO-CREATED WITH EXISTING COMMUNITY ORGANIZATIONS LIKE SCHOOLS, RECREATION CENTERS, AND NONPROFITS THAT ARE ALREADY ESTABLISHED AND TRUSTED WITHIN THE NEIGHBORHOOD, DECREASING TRANSPORTATION BARRIERS. RESIDENTS OF THE NCGP COMMUNITY LEAD THE DISTRIBUTION OF RESCUED FOOD; MANY ALSO HELP WITH FOOD RESCUE SHIFTS. THIS PARTICIPATION DECREASES THE STIGMA OF TRADITIONAL FOOD PANTRIES, EMPOWERING EACH NEIGHBORHOOD TO CREATE A PROGRAM THAT IS APPROPRIATE FOR THEIR CULTURE & COMMUNITY.DELIVERED 660,000 POUNDS OF FOOD VALUED AT 2,2690,160
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Smith Treasurer | OfficerTrustee | 1 | $0 |
Janelle Jenkins President | OfficerTrustee | 2 | $0 |
Janet Rose Secretary | OfficerTrustee | 2 | $0 |
Ricardo Rocha CEO Bondadosa | Officer | 50 | $0 |
Letisha Steele Executive Director-Incoming | Officer | 50 | $0 |
Hillary Bennets Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,828,555 |
| All other contributions, gifts, grants, and similar amounts not included above | $484,719 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,313,274 |
| Total Program Service Revenue | $2,590,962 |
| Investment income | $887 |
| 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 | $15,905,183 |
| 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. | $176,864 |
| Compensation of current officers, directors, key employees. | $176,864 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $735,547 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,261 |
| Payroll taxes | $121,998 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,934 |
| Fees for services: Accounting | $25,200 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $118,170 |
| Advertising and promotion | $10,125 |
| Office expenses | $104,095 |
| Information technology | $15,370 |
| Royalties | $0 |
| Occupancy | $40,908 |
| Travel | $4,189 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,999 |
| Interest | $45,252 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $63,313 |
| Insurance | $51,487 |
| All other expenses | $0 |
| Total functional expenses | $15,770,750 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,519,755 |
| 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 | $110,536 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,462 |
| Total assets | $1,631,753 |
| 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 | $518,869 |
| Other liabilities | $40,971 |
| Total liabilities | $559,840 |
| Net assets without donor restrictions | $274,067 |
| Net assets with donor restrictions | $797,846 |
| 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 | $1,631,753 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Boulder Food Rescue has recieved totaling $132,273.
| Awarding Organization | Amount |
|---|---|
Denver Foundation Denver, CO PURPOSE: GENERAL OPERATING SUPPORT | $61,500 |
Community First Foundation Arvada, CO PURPOSE: GENERAL PURPOSE | $47,620 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $15,588 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,565 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foodbank For The Heartland Omaha, NE | $18,090,007 | $45,859,600 |
United Food Bank Mesa, AZ | $14,110,479 | $41,978,050 |
Yuma Community Food Bank Yuma, AZ | $6,042,055 | $32,152,726 |
Kansas Food Bank Warehouse Inc Wichita, KS | $25,177,689 | $24,577,284 |
Food Bank For Larimer County Loveland, CO | $23,780,959 | $24,388,782 |
Weld Food Bank Greeley, CO | $11,364,016 | $19,346,172 |
Food Bank Of Lincoln Inc Lincoln, NE | $19,534,809 | $19,256,547 |
Boulder Food Rescue Denver, CO | $1,631,753 | $15,905,183 |
Arizona Food Bank Network Phoenix, AZ | $7,535,434 | $12,101,730 |
Heart Ministry Center Inc Omaha, NE | $7,524,049 | $8,339,552 |
Kaizen Food Rescue Englewood, CO | $337,286 | $7,467,875 |
Community Pantry Gallup, NM | $959,655 | $5,727,019 |