Bounty & Soul
- Assets
- $759.6k
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 13
- Location
- Black Mountain, NC
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-4759362
Organization Overview
Bounty & Soul is located in Black Mountain, NC. The organization was established in 2014. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Bounty & Soul employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bounty & Soul 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, Bounty & Soul generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 50.0% each year . All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 50.7% 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
TOGETHER WE CONNECT, SHARE, AND CELEBRATE NUTRITIOUS FOOD, EDUCATION AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCE TO THE PEOPLE: IN 2021, 1,030,300 POUNDS OF FRESH PRODUCE AND NUTRITIOUS FOOD WAS DISTRIBUTED TO APPROXIMATELY 88,370 PARTICIPANTS THROUGH 2 WEEKLY DRIVE-THRU MARKETS, AN IN-PERSON NEIGHBORHOOD MARKET AND OUR FOOD BOX DELIVERY SERVICE. WE EXPERIENCED A MORE THAN DOUBLE PARTICIPATION RATE THAN PRE-PANDEMIC, A REFLECTION OF INCREASED REGIONAL FOOD INSECURITY AND THE NEGATIVE ECONOMIC FALLOUT AS A RESULT OF COVID 19. WE CONTINUED TO SEE GROWTH IN OUR HOME DELIVERY PROGRAM SERVING 18,172 INDIVIDUALS THAT FACED TRANSPORTATION AND HEALTH BARRIERS. OUR UNCA EXTERNALLY VALIDATED ANNUAL SURVEY DEMONSTRATED THE SIGNIFICANT IMPACT WE HAD ON COMMUNITY FOOD SECURITY AND HEALTH AND WELLBEING. ACCORDING TO SURVEY DATA, 82% INCREASED THEIR FOOD SECURITY *IDENTIFIED BY RESPONDENTS REPORTING THAT WITHOUT BOUNTY & SOUL IT WOULD BE DIFFICULT TO ACCESS HEALTHY FOOD AND 98% RESPONDENTS REPORTED INCREASING THEIR CONSUMPTION OF FRUITS AND VEGETABLES AS A DIRECT RESULT OF THIS ACCESS.
FARMERS ALLIANCE: IN 2021, WE COLLABORATED WITH 46 FARM PARTNERS AND DISTRIBUTED OVER 82,000 POUNDS OF LOCALLY GROWN FOOD. A SURVEY SHOWED THAT 98% OF OUR FARM PARTNERS WERE POSITIVELY IMPACTED BY OUR PARTNERSHIP. ROOTED IN HEALTH: A WHOLE PERSON HEALTH EDUCATION PROGRAM INCLUDING WEEKLY CLASSES, COOKING DEMOS, RECIPES, NUTRITION INFORMATION, RESOURCES AND HEALTH COATHING. IN 2021 WE PROVIDED: 315 YOGA, EXERCISE AND HEALTH CLASSES 17600 PRINTED RECIPES AND EDUCATION MATERIALS 20,000 COOKING DEMOS 98 % REPORTED THAT BOUNTY & SOUL HAD POSITIVELY IMPACTED THEIR HEALTH & WELLBEING AND 99% REPORTED ALWAYS FEELING VALUED.
GREEN APRONS: A PROGRAM DEDICATED TO YOUTH HEALTH AND EDUCATION. IN 2021 WE SPONSORED 4,800 GREEN APRONS YOUTH ACTIVITIES HELD 4 IN-PERSON COOKING CLASSES 99%OF PARENTS AND/OR CAREGIVERS REPORTED THAT BOUNTY & SOUL SERVICES AND PROGRAMS IMPROVED THEIR CHILDREN'S HEALTH AND WELLBEING WHILE 98% REPORTED AN INCREASE IN THE CONSUMPTION OF FRUITS AND VEGETABLES LATINX ENGAGEMENT: AN OUTREACH TO THE LATINX COMMUNITY WITH CULTURALLY APPROPRIATE RECIPES, COOKING DEMOS AND FOOD MARKETS. IN 2021 WE HIRED A NATIVE-SPANISH SPEAKING COORDINATOR TO EXPAND OUR ENGAGEMENT IN THE LATINX COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ali Casparian Executive Director | Officer | 40 | $70,000 |
David Charlton Board Chair | OfficerTrustee | 6 | $0 |
Rhonda Devan Treasurer | OfficerTrustee | 3 | $0 |
Mary Lyth Secretary | OfficerTrustee | 2 | $0 |
Ben Aiken MD Board Member | Trustee | 1 | $0 |
Joanne Kalp Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,525,733 |
| Noncash contributions included in lines 1a–1f | $1,794,309 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,538,233 |
| 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 | $2,538,834 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,822,829 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,714 |
| Compensation of current officers, directors, key employees. | $7,647 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $209,529 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,214 |
| Payroll taxes | $26,736 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,170 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $11,180 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,403 |
| Advertising and promotion | $12,930 |
| Office expenses | $17,130 |
| Information technology | $6,875 |
| Royalties | $0 |
| Occupancy | $35,479 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,888 |
| Insurance | $5,331 |
| All other expenses | $0 |
| Total functional expenses | $2,370,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $457,462 |
| Savings and temporary cash investments | $206,065 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,588 |
| 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 | $10,925 |
| Net Land, buildings, and equipment | $70,573 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $759,613 |
| Accounts payable and accrued expenses | $25,143 |
| 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 | $25,143 |
| Net assets without donor restrictions | $617,349 |
| Net assets with donor restrictions | $117,121 |
| 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 | $759,613 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Bounty & Soul has recieved totaling $192,274.
| Awarding Organization | Amount |
|---|---|
Dogwood Health Trust Asheville, NC PURPOSE: BOUNTY & SOUL OPERATING SUPPORT: DEPUTY DIRECTOR POSITION | $64,815 |
The Community Foundation Of Western North Carolina Inc Asheville, NC PURPOSE: ASSISTING PEOPLE IN NEED | $48,952 |
Wnc Bridge Foundation Asheville, NC PURPOSE: NOW/IMPACT GRANT | $35,000 |
The Greater New Orleans Foundation New Orleans, LA PURPOSE: FOOD/NUTRITION | $12,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $7,750 |
Lipscomb Family Foundation Denver, CO PURPOSE: OPERATIONAL SUPPORT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Unitehere Union And Employers Health And Welfare Fund Conyers, GA | $0 | $3,903,530 |
Foodservice Packaging Institute Inc Falls Church, VA | $4,132,737 | $3,111,855 |
Bounty & Soul Black Mountain, NC | $759,613 | $2,538,834 |
Wine & Spirits Wholesalers Of Tennessee Nashville, TN | $2,252,502 | $1,835,883 |
North Carolina Beer And Wine Wholesalers Association Raleigh, NC | $1,653,445 | $1,161,857 |
Global Growers Network Inc Decatur, GA | $1,489,134 | $1,442,426 |
Wine And Spirits Wholesalers Of Georgia Inc Atlanta, GA | $836,576 | $1,011,762 |
Public Markets Inc Ooltewah, TN | $875,543 | $1,266,301 |
3-A Sanitary Standards Inc McLean, VA | $2,950,339 | $1,154,736 |
Tri-State Exhibition Center Cleveland, TN | $1,640,606 | $1,262,121 |
Food Security For America Incorporated Smyrna, GA | $231,880 | $615,215 |
Jonesborough Locally Grown Jonesborough, TN | $135,152 | $551,145 |