Overview
What is World Food Logistics Organization?
The World Food Logistics Organization is a nonprofit organization situated in Arlington, Virginia. Their primary focus is on promoting and enhancing the safe, efficient, and reliable transportation of food globally. They achieve this by developing and endorsing best practices, networks, and research within the international food industry and its trading partners. A significant part of their mission involves conducting educational programs, such as the WFLO Cold Chain Institute, which welcomes approximately 383 members annually. These institutes take place in various locations worldwide, including the United States, Mexico, and other countries. The organization's activities also include project work on the ground in various countries, which saw an increase in 2022 as global travel resumed.
Official website here: www.wflo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Star rating)
The World Food Logistics Organization has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization's score reflects a strong commitment to transparency, as evidenced by its 100% independent board members and robust audit and oversight practices.
Strengths of this nonprofit include its substantial program expense ratio of 90.37%, which demonstrates a significant portion of its budget is directed towards its mission-related activities. Furthermore, the organization has adopted comprehensive policies such as conflict of interest and whistleblower protections, enhancing its operational integrity and trustworthiness.
Despite its overall strong performance, there are areas for improvement, such as the liabilities to assets ratio, which stands at 56.39%. While still acceptable, it suggests a reliance on liabilities that could be monitored more closely to ensure long-term financial sustainability. Overall, the organization exhibits a solid foundation for impactful operations in food logistics and humanitarian efforts.
This AI summary has been generated from information found on Charity Navigator.
Is World Food Logistics Organization legitimate?
World Food Logistics Organization is a legitimate nonprofit organization registered as a 501(c)(3) entity. World Food Logistics Organization 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.wflo.org
What is the mission statement of World Food Logistics Organization?
The World Food Logistics Organization's mission is centered around promoting and enhancing the global food industry. They achieve this by developing and supporting systems, networks, and best practices through rigorous research and education. Their goal is to ensure the safe, efficient, and reliable movement of food to people worldwide, acting as a bridge between various trading partners. The organization conducts training programs, such as the Annual Refrigeration Warehouse Management Institute, to educate its members, and they engage in project work globally to further their cause.
Official website here: www.wflo.org
Who is the CEO of World Food Logistics Organization?
Matthew Ott is the President And Ceo of World Food Logistics Organization. The CEO's salary of World Food Logistics Organization is $0 and their total compensation is $468,301.
Official website here: www.wflo.org
What is the revenue of World Food Logistics Organization?
World Food Logistics Organization's revenue in 2022 was $2,638,794.
Official website here: www.wflo.org
Who are the executives of World Food Logistics Organization and what are their salaries?
There 20 volunteers at World Food Logistics Organization.
Here are 21 key members and their salaries (World Food Logistics Organization's CEO's salary is $0 and their total compensation is $468,301):
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Official website here: www.wflo.org
Where can I find the form 990 for World Food Logistics Organization?
World Food Logistics Organization's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wflo.org
Learn more at the official website: www.wflo.org
Mission Statement of World Food Logistics Organization
The World Food Logistics Organization, abbreviated as WFLO, is committed to advancing and maintaining safe, efficient, and reliable systems for the global transportation of food. This nonprofit organization achieves its mission by conducting research, fostering education, and promoting best practices within the global food industry and among its trading partners. By doing so, WFLO aims to ensure that food reaches the people of the world in a manner that preserves its quality and safety.
To achieve its mission, WFLO provides a platform for networking and knowledge sharing among industry professionals. One of its key initiatives is the WFLO Institute, which offers annual training programs to approximately 383 members. In 2022, the Institute resumed its activities after a hiatus due to the COVID-19 pandemic, with events taking place in Tempe, Arizona, Atlanta, Georgia, and Mexico City. Furthermore, the WFLO Board was able to conduct their annual Strategic Board Meeting in person, and the organization saw an increase in project work opportunities globally as travel restrictions eased.
In summary, the World Food Logistics Organization serves as a catalyst for improvement in the global food transportation industry. By focusing on research, education, and the promotion of best practices, WFLO works to ensure that food is safely and reliably moved to the people who need it most, ultimately contributing to a healthier and more food-secure world.
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Impact
October, 2024
The World Food Logistics Organization (WFLO) significantly enhances the global food supply chain by developing and supporting effective systems, networks, and best practices. Through its research and educational initiatives, WFLO facilitates the safe, efficient, and reliable movement of food worldwide.
One of the notable impacts of WFLO is its annual refrigeration warehouse management institute, which provides training for industry professionals. In 2022, WFLO successfully resumed this essential program, hosting multiple Cold Chain Institutes across North America and Latin America, attracting approximately 300 attendees. These events play a critical role in educating participants about advancements in cold chain logistics, which are crucial for preserving food quality and safety.
Moreover, WFLO has actively engaged in global project work, traversing various countries to implement solutions that enhance food logistics. The organization's ability to restart travel in 2022 following the COVID-19 pandemic allowed for an expansion of on-the-ground initiatives, amplifying its influence in addressing food distribution challenges faced by different regions.
WFLO's commitment to fostering networks among trading partners further drives its impact, promoting collaboration in the food industry that leads to more robust and agile supply chains. By prioritizing education and best practices, WFLO not only empowers professionals in the food logistics sector but also contributes to ensuring that food reaches those in need efficiently and safely.
This information is meant to be a general summary of World Food Logistics Organization. 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 2022.
- Investment Income: $14,206
- Program Service Revenue: $989,420
- Gross Receipts: $2,858,040
Assets and Liabilities:
- Total Assets: $1,661,036
- Total Liabilities: $936,760
- Net Assets: $724,276
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues
Revenue
$520,342
Education and Training
Revenue
$411,103
Membership and Ind Rel
Revenue
$57,975
Organization Details
Founding Year
1943
Principal Officer
Matthew Ott
Main Address
241 18th St South STE 620, Arlington, VA, 22202
Website
www.wflo.orgNTEE Category
Code: U99Z - Science research
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