International Food Additivies Council
- Assets
- $894.3k
- Revenue
- $659.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 02/1981
- Data as of
- 12/2021
- EIN
- 58-1400220
Organization Overview
International Food Additivies Council is located in Washington, DC. The organization was established in 1981. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. International Food Additivies Council is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, International Food Additivies Council generated $659.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $624.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 7 years. 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
THE INTERNATIONAL FOOD ADDITIVES COUNCIL DEVELOPS PROGRAMS AND COMMUNICATES INFORMATION ON FOOD ADDITIVES TO ITS MEMBERS, THE MEDIA AND REGULATORY AGENCIES INTERNATIONALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTING SPECIAL PROJECTS WHICH FOCUS ON DEVELOPING RESEARCH PROGRAMS ON FOOD ADDITIVES.
HOLDING MEETINGS TO COMMUNICATE INFORMATION ON FOOD ADDITIVES TO MEMBERS, THE MEDIA AND REGULATORY AGENCIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Huber Secretary-Treasurer | OfficerTrustee | 0 | $0 |
Svend Laulund Vice-Chair | OfficerTrustee | 0 | $0 |
Witty Brathwaite Chair | OfficerTrustee | 0 | $0 |
Priscilla Zawislak Immediate Past Chair | OfficerTrustee | 0 | $0 |
Robert Rankin Executive Director | Officer | 0 | $0 |
Isabelle Jaouen Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $632,246 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $632,246 |
| Total Program Service Revenue | $21,660 |
| Investment income | $15 |
| 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 | $659,043 |
| 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 | $227,499 |
| Fees for services: Legal | $17,090 |
| Fees for services: Accounting | $17,026 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $3,626 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $34,155 |
| Total functional expenses | $624,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $689,401 |
| Savings and temporary cash investments | $154,504 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,035 |
| 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 | $315 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $894,255 |
| Accounts payable and accrued expenses | $88,640 |
| 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 | $88,640 |
| Net assets without donor restrictions | $375,569 |
| Net assets with donor restrictions | $430,046 |
| 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 | $894,255 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Food And Agriculture Research Washington, DC | $432,866,762 | $105,784,809 |
The National Restaurant Association Educational Foundation Washington, DC | $44,077,352 | $20,339,294 |
Congressional Hunger Center Washington, DC | $1,832,370 | $3,169,178 |
Field To Market Washington, DC | $1,954,449 | $3,149,925 |
Foodservice Packaging Institute Inc Falls Church, VA | $4,132,737 | $3,111,855 |
Restaurant Association Of Metropolitian Washington Inc Washington, DC | $1,597,387 | $2,121,762 |
3-A Sanitary Standards Inc McLean, VA | $2,950,339 | $1,154,736 |
International Food Additivies Council Washington, DC | $894,255 | $659,043 |
Council Of State Restaurant Associations Inc Washington, DC | $894,706 | $530,102 |
Virginia Wine Wholesalers Association Richmond, VA | $373,636 | $571,039 |
Live Work Eat Gather Inc Blacksburg, VA | $196,616 | $510,912 |
Africa Harvest Biotech Foundation International Inc Washington, DC | $772,304 | $559,151 |