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Good Grocer

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453844389 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Good Grocer?

Good Grocer is a volunteer-driven nonprofit grocery store situated at 2650 Nicollet Ave, Minneapolis, Minnesota. Established with the mission to provide hope to those struggling with food insecurity, Good Grocer offers affordable, healthy food options. Operating for two years at the same location, the store completed its second year in 2022 with a stock of 6,385 different items, 59,695 transactions, and 305,971 grocery units sold. With the support of volunteers, Good Grocer manages to reduce operating costs, thereby passing on savings to its food-insecure customers.


Official website here: www.goodgrocer.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80%, Three-Star out of Four Star rating.

Good Grocer has achieved a robust score of 80%, indicating strong accountability and financial health. The rating comprises a single beacon score focused entirely on Accountability & Finance, reflecting the charity's commitment to responsible governance and management practices. The organization boasts a majority of independent board members and excellent performance in various financial metrics, including a high program expense ratio.

Strengths include full marks in areas such as the presence of an independent board, an effective audit and oversight committee, and policies on conflict of interest and document retention. However, the organization has faced scrutiny due to the absence of a whistleblower policy, which could be a significant concern for potential donors and stakeholders looking for transparency and protection for employees.

While Good Grocer's financial ratios like liabilities to assets indicate some areas for improvement, their high program expense ratio suggests that a significant portion of funds is directed toward their mission-related activities. Overall, the organization demonstrates a solid foundation in governance, though addressing the noted limitations could enhance its credibility further.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about Good Grocer?

96% of 23 reviewers on Facebook recommend Good Grocer. Here's a summary of their insights:

Many patrons highlight the nonprofit's commitment to providing affordable and healthy food options, which they view as both innovative and empowering. The overall sentiment reflects appreciation for Good Grocer's mission and the positive impact it has on the community.

Reviewers express a strong sense of support for the organization, often expressing enjoyment in shopping there and praising the efforts to make nutritious food accessible to all. The enthusiasm from users indicates that Good Grocer is successfully fulfilling its promises to the community.


This AI summary has been generated from reviews found on Facebook.

Is Good Grocer legitimate?

Good Grocer is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Grocer 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: $92,294
Professional Fundraising Fees: $0
Other Salaries and Wages: $122,726

For more financial information, click here


Official website here: www.goodgrocer.org

What is the mission statement of Good Grocer?

Good Grocer's mission is to instill hope in the lives of those who are struggling with hunger by making nutritious, fresh food accessible and affordable. By leveraging volunteer power, the organization manages to keep operating costs low, allowing them to pass these savings on to their food-insecure customers. Through their operations, Good Grocer aims to contribute to the well-being of those in need, providing them with a wider range of food options. The organization completed its second year of operations in 2022, serving a diverse inventory of 6,385 items and facilitating 59,695 transactions.


Official website here: www.goodgrocer.org

Who is the CEO of Good Grocer?

Kurt Vickman is the Executive Di of Good Grocer.


Official website here: www.goodgrocer.org

What is the revenue of Good Grocer?

Good Grocer's revenue in 2022 was $1,207,252.


Official website here: www.goodgrocer.org

Who are the executives of Good Grocer and what are their salaries?

The average compensation at Good Grocer during 2022 was $21,502. There are 10 employees and 238 volunteers at Good Grocer.


Here are 6 key members and their salaries:


Kurt Vickman (Executive Di)
  • Compensation: $51,214
  • Related: $0
  • Other: $41,080
Molly Bennett (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerry Rauschendorfer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Caspers (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Lips (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Bastian (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.goodgrocer.org

Where can I find the form 990 for Good Grocer?

Good Grocer's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.goodgrocer.org

Learn more at the official website: www.goodgrocer.org

Mission Statement of Good Grocer

Good Grocer, a volunteer-powered grocery store, is committed to injecting hope into the lives of those who are struggling with hunger. Its mission is to make nutritious, fresh food accessible and affordable for individuals in need. By leveraging the dedication of volunteers, Good Grocer is able to reduce operational costs, thereby passing savings on to its food-insecure customers. This approach allows those who are battling hunger to gain access to nourishing items at reasonable prices, thereby contributing positively to their well-being.

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Impact




July, 2024

Good Grocer's impact lies in its ability to infuse hope into the lives of those who are hungry by making good, fresh food accessible and affordable to those in need. Located in Minneapolis, Minnesota, this volunteer-powered grocery store is focused on helping individuals access healthy foods at reasonable prices. By relying on volunteers, Good Grocer is able to reduce operating costs and pass on the savings to food-insecure customers. In 2022, the store completed its second year of operations at the same location, stocking 6,385 different items, completing 59,695 total transaction sales, and selling 305,971 total grocery units. Good Grocer's mission is to make a tangible impact by providing essential food resources to those facing food insecurity, thereby uplifting the community and offering a beacon of hope to those in need.




This information is meant to be a general summary of Good Grocer. 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.

Revenue
$1,207,252 (2022)
Expenses
$1,468,364 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,077
  • Program Service Revenue: $1,019,670
  • Gross Receipts: $1,207,252

Assets and Liabilities:

  • Total Assets: $2,908,913
  • Total Liabilities: $1,914,097
  • Net Assets: $994,816

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GROCERY SALES

Revenue

$1,019,670

Organization Details

Founding Year

2011

Principal Officer

Kurt Vickman

Main Address

2650 NICOLLET AVE, MINNEAPOLIS, MN, 55408

NTEE Category

Code: K31 - Food

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