Thought For Food Foundation
- Assets
- $103.1k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 02/2016
- Data as of
- 12/2021
- EIN
- 47-4017748
Organization Overview
Thought For Food Foundation is located in Birmingham, AL. The organization was established in 2016. According to its NTEE Classification (K01) the organization is classified as: Alliances & Advocacy, 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. Thought For Food Foundation 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, Thought For Food Foundation generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 46.1% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE THOUGHT FOR FOOD SUMMIT BRINGS TOGETHER CHANGE MAKERS ACROSS SECTORS TO BUILD POWERFUL CONNECTIONS AND CO-CREATE BOLD NEW SOLUTIONS FOR THE FUTURE OF FOOD SECURITY. THE CULMINATING EVENT OF THE ANNUAL SUMMIT IS THE THOUGHT FOR FOOD CHALLENGE, A GLOBAL COLLABORATIVE COMPETITION TO LAUNCH PROMISING NEW IDEAS THAT ADDRESS HOW WE WILL FEED AND NOURISH OUR GROWING GLOBAL POPULATION.
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Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ovp Bv | 12/30/21 | $204,680 |
Maido | 12/30/21 | $100,219 |
Oxford Finance Solutions | 12/30/21 | $59,262 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,153,024 |
| Interest on Savings | $2 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | -$22 |
| Other Income | $0 |
| Total Revenue | $1,153,004 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $154,083 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,000 |
| Depreciation | $0 |
| Occupancy | $13,761 |
| Travel, conferences, and meetings | $28,274 |
| Printing and publications | $0 |
| Other expenses | $841,107 |
| Total operating and administrative expenses | $1,099,770 |
| Contributions, gifts, grants paid | $23,000 |
| Total expenses and disbursements | $1,122,770 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,782 |
| Savings and temporary cash investments | $5,302 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $103,084 |
| Accounts payable and accrued expenses | $14,469 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,469 |
Grants Awarded
Over the last fiscal year, Thought For Food Foundation has awarded $23,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BMTA&C PURPOSE: AGRICULTURE INNOVATION AWARD | $10,000 |
I A Z AGRO LOCACAO DE INFORMACOES PURPOSE: AGRICULTURE INNOVATION AWARD | $7,500 |
PACHARA TRIPOBNART PURPOSE: AGRICULTURE INNOVATION AWARD | $5,000 |
LEE TING AN PURPOSE: AGRICULTURE INNOVATION AWARD | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida Certified Organic Growers & Consumers Inc Gainesville, FL | $381,679 | $4,041,964 |
Florida Citrus Mutual Inc Bartow, FL | $3,592,177 | $1,938,007 |
Homeless & Hunger Coalition Of Nwfl Dba Doorways Of Nwfl Panama City, FL | $390,013 | $2,324,506 |
Fair Food Standards Council Inc Sarasota, FL | $1,369,890 | $1,935,802 |
Thought For Food Foundation Birmingham, AL | $103,084 | $1,153,004 |
Beyond Carnism Inc Orlando, FL | $334,217 | $503,199 |
Tennessee Corn Promotion Council Inc Dresden, TN | $56,654 | $206,626 |
Mississippi Aerial Applicators Association Inc Greenwood, MS | $425,605 | $0 |
Oyster South Company Decatur, GA | $78,032 | $0 |
Forward Dupage Incorporated Fort Lauderdale, FL | $3,397 | $0 |
Farmers Market Of Hernando Hernando, MS | $66,547 | $0 |
North Florida Veg Events Inc Saint Augustine, FL | $0 | $0 |