Rethink Food Nyc Inc
- Assets
- $24.7m
- Revenue
- $29.3m
- Investments
- $0.0
- Employees
- 92
- Location
- New York, NY
- Founding
- 06/2017
- Data as of
- 12/2021
- EIN
- 82-1632259
Organization Overview
Rethink Food Nyc Inc is located in New York, NY. The organization was established in 2017. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Rethink Food Nyc Inc employed 92 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rethink Food Nyc 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, Rethink Food Nyc Inc generated $29.3m in total revenue. All expenses for the organization totaled $27.5m during the year ending 12/2021.
Since 2020, Rethink Food Nyc Inc has awarded 64 individual grants totaling $10,819,634. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO REDUCE FOOD INSECURITY BY DEVELOPING PRACTICAL MODELS THAT DISTRIBUTE NUTRITIONALLY DENSE, CULTURALLY SENSITIVE MEALS TO NOURISH HEALTHY AND THRIVING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMISSARY KITCHEN - OUR COMMISSARY KITCHEN CONVERTS DONATED FOOD ITEMS FROM GROCERY STORES, CORPORATE PARTNERS AND RESTAURANTS INTO NUTRITIOUS MEALS TO DELIVER TO CBOS AT NO COST. ON AVERAGE THE SITE PROVIDES OVER 5,000 MEALS A WEEK.
RETHINK CAFE - OPENED IN MARCH 2020, OUR DONATION-BASED CAFE INVITES EVERYONE AND ANYONE TO ENJOY A NUTRITIOUS MEALS FOR A SUGGESTED DONATION OF $5. MEALS ARE PREPARED BY CHEFS, UTILIZING RESCUED FOOD. ADDITIONALLY, THE SITE OPERATES A FOOD PANTRY FEATURING SHELF-STABLE FOOD ITEMS TO MAKE HOME-COOKED MEALS.
RETHINK CERTIFIED - RETHINK CERTIFIED IS A PARTNERSHIP PROGRAM WITH TWO PURPOSES: FEED COMMUNITIES AND KEEP RESTAURANTS IN BUSINESS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Hill Chief Development Officer | Officer | 50 | $233,222 |
Matthew Jozwiak Founder, Chief Executive O | OfficerTrustee | 50 | $231,846 |
Christopher Hollinger Chief Financial Officer | Officer | 50 | $181,579 |
Mark Springhetti Outgoing Chief Operating Officer | Officer | 50 | $153,435 |
Nathan Ricke Executive Director Of Programs | 50 | $131,425 | |
Mateusz Lilpop Executive Director Of Operations | 50 | $128,810 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
609 Hayes Cdg Llc Food Preparation Services | 12/30/21 | $656,688 |
La Morada Restaurant Food Preparation Services | 12/30/21 | $555,000 |
67 Studios Llc Food Preparation Services | 12/30/21 | $558,250 |
Olmsted Llc Food Preparation Services | 12/30/21 | $444,600 |
Birth Of The Cool Inc Food Preparation Services | 12/30/21 | $423,313 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $716,851 |
| Related organizations | $0 |
| Government grants | $124,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,494,592 |
| Noncash contributions included in lines 1a–1f | $1,014,341 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,335,443 |
| Total Program Service Revenue | $0 |
| Investment income | $4,562 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $101 |
| Net Income from Fundraising Events | -$8,232 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,334,574 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $97,768 |
| 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. | $862,990 |
| Compensation of current officers, directors, key employees. | $206,358 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,005,036 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $351,427 |
| Payroll taxes | $269,942 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $106,119 |
| Fees for services: Accounting | $9,231 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,226,770 |
| Advertising and promotion | $50,180 |
| Office expenses | $590,902 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $499,328 |
| Travel | $82,318 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $997 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $31,016 |
| Insurance | $289,620 |
| All other expenses | $56,684 |
| Total functional expenses | $27,496,162 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,863,437 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $16,337,148 |
| 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 | $427,650 |
| Net Land, buildings, and equipment | $87,956 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $24,716,191 |
| Accounts payable and accrued expenses | $385,429 |
| Grants payable | $0 |
| Deferred revenue | $37,276 |
| 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 | $422,705 |
| Net assets without donor restrictions | $8,414,051 |
| Net assets with donor restrictions | $15,879,435 |
| 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 | $24,716,191 |
Grants Awarded
Over the last fiscal year, Rethink Food Nyc Inc has awarded $86,651 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Fresh Meadows, NY PURPOSE: GRANT FOR DONATION OF CAF EQUIPMENT AND RENT/UTILITIES ASSISTANCE | $51,711 |
New York, NY PURPOSE: GRANT FOR DONATION OF MEALS | $27,500 |
Long Island City, NY PURPOSE: GRANT TO SUPPORT PROGRAM MEAL & DELIVERY PARTNER | $7,440 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Rethink Food Nyc Inc has recieved totaling $1,716,692.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Charitable Gift Fund New York, NY PURPOSE: COMMUNITY OUTREACH & ENRICHMENT PROGRAMS | $779,200 |
Silicon Valley Community Foundation Mountain View, CA PURPOSE: Food Security | $500,000 |
Robin Hood Foundation New York, NY PURPOSE: POVERTY RELIEF | $255,000 |
Fjc New York, NY PURPOSE: UNRESTRICTED GENERAL SUPPORT | $100,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $19,492 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Community Services Inc Jamaica, NY | $16,204,658 | $61,833,370 |
Table To Table Inc Hasbrouck Heights, NJ | $8,623,118 | $52,420,160 |
Foodlink Inc Rochester, NY | $12,495,538 | $50,797,539 |
Rethink Food Nyc Inc New York, NY | $24,716,191 | $29,334,574 |
412 Food Rescue Inc Pittsburgh, PA | $6,363,221 | $17,851,896 |
Project Bread - The Walk For Hunger Inc East Boston, MA | $11,948,413 | $15,098,686 |
Tomche Shabbos Of Rockland County Monsey, NY | $3,190,088 | $8,439,711 |
Interfaith Nutrition Network Hempstead, NY | $10,559,882 | $10,681,917 |
Move For Hunger Inc Neptune, NJ | $1,899,350 | $7,237,054 |
St Johns Bread & Life Program Inc Brooklyn, NY | $8,308,596 | $7,077,565 |
T A S K Trenton, NJ | $14,881,769 | $6,763,613 |
Boston Area Gleaners Inc Acton, MA | $5,396,284 | $7,361,756 |