Overview
What is Foundation For Essential Needs?
The Foundation for Essential Needs is a nonprofit organization situated in Minneapolis, Minnesota. Its primary focus is to enhance the Minnesota hunger relief system by supplying equipment and offering consulting services to food shelves at no cost. This initiative aims to ensure that food shelf shoppers, or clients, consistently have access to nutritious food options in a respectful and welcoming environment. The organization comprises a small team of four dedicated individuals.
Official website here: www.ffen.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
The Foundation For Essential Needs has achieved an outstanding overall score, reflecting its strong commitment to accountability and finance. With a Four-Star rating, the organization demonstrates exceptional performance in various categories, particularly through its fully independent board and meticulous financial practices. This high rating indicates transparency and effective governance, essential traits for ensuring donor trust.
The organization excels in financial management, evidenced by a program expense ratio of 85.62%, which highlights its focus on delivering services over administrative costs. The absence of material diversion of assets and the presence of comprehensive policies such as conflict of interest and whistleblower policies further solidify its integrity and operational soundness.
While the organization stands out in its accountability metrics, there are no noted limitations or areas for improvement in the provided data. Overall, the Foundation For Essential Needs is strongly positioned to instill confidence in its stakeholders and effectively serve its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Essential Needs legitimate?
Foundation For Essential Needs is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Essential Needs submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $83,423
Professional Fundraising Fees: $0
Other Salaries and Wages: $196,223
For more financial information, click here
Official website here: www.ffen.org
What is the mission statement of Foundation For Essential Needs?
The Foundation for Essential Needs aims to transform the Minnesota hunger relief system, ensuring that food shelf shoppers (clients) consistently have access to nutritious food options in a respectful and welcoming environment. To achieve this goal, the foundation provides equipment and support to food shelves, offering consulting services and analyzing their operations at no cost to improve their efficiency. By doing so, the foundation aims to enhance the overall experience of those seeking food assistance, promoting dignity and predictability in their access to essential resources.
Official website here: www.ffen.org
What is the revenue of Foundation For Essential Needs?
Foundation For Essential Needs's revenue in 2024 was $456,604.
Official website here: www.ffen.org
Who are the executives of Foundation For Essential Needs and what are their salaries?
The average compensation at Foundation For Essential Needs during 2024 was $25,422. There are 11 employees and 65 volunteers at Foundation For Essential Needs.
Here are 13 key members and their salaries:
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- Compensation: $86,213
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- Other: $5,630
Official website here: www.ffen.org
Where can I find the form 990 for Foundation For Essential Needs?
Foundation For Essential Needs's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ffen.org
Learn more at the official website: www.ffen.org
Mission Statement of Foundation For Essential Needs
The Foundation for Essential Needs is committed to revolutionizing the Minnesota hunger relief system. Their mission is to ensure that all individuals who utilize food shelves, often referred to as clients, have access to nutritious and consistent food options in an environment that is both welcoming and dignified. This organization strives to reshape the current system, aiming to improve the quality of life for those in need. To achieve this, the Foundation for Essential Needs provides equipment and support to various food shelves at no cost. This assistance includes consulting services and analysis aimed at enhancing the efficiency of these facilities, thereby contributing to a more effective and sustainable hunger relief system in Minnesota.
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Impact
October, 2024
Foundation For Essential Needs significantly impacts the Minnesota hunger relief system by ensuring that food shelf shoppers have access to predictable and healthy food options. By focusing on dignity and a welcoming atmosphere, they create an environment where clients feel respected and valued. Their provision of equipment and support helps food shelves operate more efficiently, as they offer consulting services and in-depth analysis at no cost. This support not only improves the overall effectiveness of food shelves but also enhances the quality of service received by clients. The foundation's efforts are pivotal in reshaping the landscape of hunger relief, fostering better nutrition and a more humane experience for those in need.
This information is meant to be a general summary of Foundation For Essential Needs. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $281
- Program Service Revenue: $136,076
- Gross Receipts: $464,075
Assets and Liabilities:
- Total Assets: $718,327
- Total Liabilities: $220,240
- Net Assets: $498,087
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EARNED CONTRACT REVENU
Revenue
$136,076
Organization Details
Founding Year
2010
Principal Officer
Katherine Winter
Website
www.ffen.orgNTEE Category
Code: P12 - Human services
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