Overview
What is Top Box Foods?
Top Box Foods is a nonprofit organization situated in Chicago, Illinois, with a mission to alleviate food insecurity in underserved communities. By establishing partnerships with local organizations, they offer affordable access to high-quality fresh produce, frozen proteins, and other nutritious groceries. Their primary goal is to support community-driven initiatives in nutrition and hunger relief, particularly in food deserts and underserved communities. With a workforce of 47 dedicated individuals, Top Box Foods strives to make healthy, delicious food options available for all, contributing to improved overall well-being in the communities they serve.
Official website here: www.topboxfoods.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Star rating)
Top Box Foods has earned a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in Accountability and Finance. The charity's overall score is based entirely on its accountability practices, where it achieved an impressive 90% score. Key strengths include a fully independent board and robust auditing and oversight processes, indicating a high level of governance and transparency.
The organization demonstrates exceptional financial integrity, with no reported material diversion of assets and a high program expense ratio of 92.16%. This suggests that the majority of funds raised are directed towards its mission-driven programs rather than administrative costs. Additionally, the charity has comprehensive policies in place, such as conflict of interest and whistleblower policies, further enhancing its accountability framework.
However, it is important to note that the fundraising efficiency ratio is reported as $0.00, which may indicate challenges in fundraising efforts or reliance on specific funding sources. Despite this limitation, the overall financial health, as indicated by a favorable liabilities to assets ratio and working capital ratio, shows that the organization is positioned well to continue its operations effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Top Box Foods legitimate?
Top Box Foods is a legitimate nonprofit organization registered as a 501(c)(3) entity. Top Box Foods 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: $1,086,268
For more financial information, click here
Official website here: www.topboxfoods.com
What is the mission statement of Top Box Foods?
Top Box Foods is a hunger relief organization with a mission to create access to affordable, local, healthy, and delicious food in food deserts and underserved communities. Their primary activity involves providing fresh produce and proteins at an affordable price to these communities through a network of community partners. By doing so, Top Box Foods supports nutrition and hunger initiatives in underserved areas, aiming to improve overall health and well-being. Their efforts help bridge the gap in food accessibility, making healthy options more accessible to those who need it most.
Official website here: www.topboxfoods.com
What is the revenue of Top Box Foods?
Top Box Foods's revenue in 2023 was $2,879,928.
Official website here: www.topboxfoods.com
Who are the executives of Top Box Foods and what are their salaries?
The average compensation at Top Box Foods during 2023 was $25,262. There are 43 employees and 300 volunteers at Top Box Foods.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $123,077
- Related: $0
- Other: $0
Official website here: www.topboxfoods.com
Where can I find the form 990 for Top Box Foods?
Top Box Foods's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.topboxfoods.com
Learn more at the official website: www.topboxfoods.com
Mission Statement of Top Box Foods
Top Box Foods, a hunger relief organization, is committed to providing affordable fresh produce, frozen, and local proteins to underserved communities. Their mission is to create access to healthy and delicious food options in food deserts and underserved communities, thereby supporting nutrition and hunger initiatives through a network of community partners. By doing so, Top Box Foods aims to contribute to the overall well-being of these communities, ensuring they have access to high-quality groceries that promote health and nutrition.
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Impact
July, 2024
Top Box Foods provides affordable fresh produce, frozen, and local proteins to underserved communities through a network of community partners. By creating access to high-quality fresh produce and other healthy groceries in food deserts and underserved areas, Top Box Foods supports nutrition and hunger initiatives. This impact helps address food insecurity and promote healthy eating habits in communities that may otherwise lack access to nutritious food options.
This information is meant to be a general summary of Top Box Foods. 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 2023.
- Investment Income: $1,863
- Gross Receipts: $5,626,862
Assets and Liabilities:
- Total Assets: $2,272,029
- Total Liabilities: $812,726
- Net Assets: $1,459,303
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Organization Details
Founding Year
2011
Principal Officer
Sheila Kennedy
Website
www.topboxfoods.comNTEE Category
Code: K30 - Food
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