Overview
What is Food Tank The Think Tank For Food?
Food Tank The Think Tank for Food, established in 2012 by Danielle Nierenberg, is a nonprofit organization situated in Chicago, Illinois. With a mission to improve our food system, Food Tank aims to alleviate hunger, obesity, and poverty by promoting sustainable agriculture practices and fostering connections within various communities. The organization focuses on identifying and elevating successful innovations in agriculture, such as those implemented in cities, kitchens, fields, and laboratories. Food Tank's primary audience includes farmers, policy makers, government leaders, researchers, scientists, academics, journalists, and funding and donor communities. The nonprofit believes in collaboration to bring forth environmentally stable and sustainable solutions to our food-related challenges. With approximately two employees, Food Tank aspires to amplify these best practices and attract more research and funding to scale them up globally.
Official website here: www.foodtank.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating
Food Tank has received a strong rating of 84% from Charity Navigator, indicating solid performance in accountability and finance. The organization has achieved maximum scores in areas such as independent board governance and financial oversight, demonstrating a commitment to transparency and responsible management of resources.
One of the notable strengths of Food Tank is its high program expense ratio of 92.18%, indicating that a significant portion of its expenditures directly support its mission-related activities. This efficiency, along with a well-structured independent board, enhances the nonprofit’s credibility and effectiveness in addressing food-related issues.
However, there are some areas where improvements can be made, particularly regarding the absence of certain policies such as a conflict of interest policy and a whistleblower policy. While these omissions did not heavily impact the overall score, addressing them could further strengthen the organization’s governance framework and reassure stakeholders of its integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Food Tank The Think Tank For Food legitimate?
Food Tank The Think Tank For Food is a legitimate nonprofit organization registered as a 501(c)(3) entity. Food Tank The Think Tank For Food 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: $172,172
For more financial information, click here
Official website here: www.foodtank.org
What is the mission statement of Food Tank The Think Tank For Food?
Food Tank The Think Tank for Food, established in 2012 by a sustainable agriculture expert, aims to address the global food system issues facing the seven billion people who need to eat daily. The organization's mission is to promote sustainable agriculture practices and provide solutions to alleviate hunger, obesity, and poverty. Food Tank focuses on creating a network of connections and sharing information, fostering collaboration among farmers, producers, policymakers, government leaders, researchers, scientists, academics, journalists, funding and donor communities, and others involved in food production. Their goal is to bring attention, conduct further research, and secure funding for innovations that are already making a positive impact in cities, kitchens, fields, and laboratories. Food Tank's ultimate objective is to create environmentally stable, long-term solutions for a sustainable food system.
Official website here: www.foodtank.org
Who is the CEO of Food Tank The Think Tank For Food?
Danielle Nierenberg is the President of Food Tank The Think Tank For Food.
Official website here: www.foodtank.org
What is the revenue of Food Tank The Think Tank For Food?
Food Tank The Think Tank For Food's revenue in 2023 was $889,869.
Official website here: www.foodtank.org
Who are the executives of Food Tank The Think Tank For Food and what are their salaries?
The average compensation at Food Tank The Think Tank For Food during 2023 was $86,086. There are 2 employees at Food Tank The Think Tank For Food.
Here are 8 key members and their salaries:
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Official website here: www.foodtank.org
Where can I find the form 990 for Food Tank The Think Tank For Food?
Food Tank The Think Tank For Food's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.foodtank.org
Learn more at the official website: www.foodtank.org
Mission Statement of Food Tank The Think Tank For Food
Food Tank The Think Tank For Food, established in 2012 by Danielle Nierenberg, aims to address the global challenge of feeding seven billion people daily. Recognizing the broken food system, Food Tank seeks to repair it through the development and promotion of sustainable agriculture best practices. By fostering a network of connections and sharing information, the organization aims to alleviate hunger, combat obesity, and eradicate poverty in an environmentally sustainable manner.
Food Tank's mission focuses on hope and success in agriculture, identifying and promoting innovations that are already making a difference on the ground, in cities, kitchens, fields, and laboratories. These innovations require further attention, research, and funding to be replicated and scaled up, ultimately benefiting farmers, producers, policy makers, government leaders, researchers, scientists, academics, journalists, and the funding and donor communities. By collaborating on these initiatives, Food Tank seeks to foster a more sustainable food system that benefits all.
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Impact
July, 2024
Food Tank The Think Tank For Food's impact lies in its mission to repair the broken food system by developing and promoting best practices in sustainable agriculture. The organization focuses on offering solutions and environmentally stable ways of alleviating hunger, obesity, and poverty. By creating a network of connections and sharing information, Food Tank aims to inspire hope and success in agriculture while highlighting innovations that are already working on the ground, in cities, in kitchens, in fields, and in laboratories. This emphasis on innovation, research, and collaboration involves farmers, producers, policymakers, government leaders, researchers, scientists, academics, journalists, and the funding and donor communities to work together for positive change in the food system.
This information is meant to be a general summary of Food Tank The Think Tank For Food. 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.
- Program Service Revenue: $889,869
- Gross Receipts: $889,869
Assets and Liabilities:
- Total Assets: $442,913
- Total Liabilities: $16,556
- Net Assets: $426,357
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$889,869
Organization Details
Founding Year
2012
Phone
(312) 922-7241Principal Officer
Danielle Nierenberg
Main Address
542 S DEARBORN SUITE 710, CHICAGO, IL, 60605
Website
www.foodtank.orgNTEE Category
Code: K30 - Food
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