Overview
What is Rescuing Leftover Cuisine Inc?
Rescuing Leftover Cuisine Inc, based in New York, New York, is a nonprofit organization dedicated to combating food waste. Their mission is to establish a sustainable and widespread solution for businesses and individuals to eradicate food waste in their communities, ultimately aiming to eliminate food insecurity. In 2022, they established fruitful partnerships with Pepsico, Daily Harvest, and Kind Snacks, rescuing a significant amount of surplus food. Through these collaborations, they were able to distribute over 1,860,500 pounds of food to those in need in Portland, Oregon, as well as hundreds of thousands of meals in other localities. Rescuing Leftover Cuisine Inc's operations involve collaborating with corporations to collect and distribute excess food, ensuring that it does not go to waste and instead goes to those in need.
Official website here: www.rescuingleftovercuisine.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Rescuing Leftover Cuisine Inc has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in both accountability and finance, as well as culture and community. With an exceptional Accountability & Finance Score of 96, the organization demonstrates robust governance and financial management practices, including a fully independent board and effective oversight mechanisms.
The organization excels in its financial operations, indicated by a high program expense ratio of 90.68%, which suggests that a significant portion of its funds directly supports its mission. Fundraising efficiency is also impressive, with only $0.04 spent to raise each dollar, highlighting effective resource allocation. Furthermore, the implementation of 11 Equity Practices demonstrates a commitment to inclusivity and community engagement.
While the financial indicators are strong, the working capital ratio of 0.24 years may suggest potential challenges in liquidity. However, overall, Rescuing Leftover Cuisine Inc appears to be a well-managed and impactful nonprofit committed to its mission.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Rescuing Leftover Cuisine Inc?
94% of 26 reviewers on Facebook recommend Rescuing Leftover Cuisine Inc. Here is a summary of their reviews:
Many supporters express a strong belief in the nonprofit's mission, emphasizing the importance of combating hunger and supporting their local communities. The sentiment surrounding the organization is overwhelmingly positive, with users appreciating the efforts made to ensure that excess food does not go to waste while helping those in need.
Overall, Rescuing Leftover Cuisine Inc. has established a solid reputation among those who have interacted with it. Reviewers feel that the organization effectively addresses hunger-related issues and resonates with its mission of lifting others.
This AI summary has been generated from reviews found on Facebook.
Is Rescuing Leftover Cuisine Inc legitimate?
Rescuing Leftover Cuisine Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rescuing Leftover Cuisine Inc 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: $212,599
Professional Fundraising Fees: $0
Other Salaries and Wages: $685,751
For more financial information, click here
Official website here: www.rescuingleftovercuisine.org
What is the mission statement of Rescuing Leftover Cuisine Inc?
Rescuing Leftover Cuisine Inc's mission is to become a globally utilized solution for companies and individuals to eliminate food waste in their communities, aiming to make food rescue sustainable and universal, ultimately eradicating food hunger. The organization strives to make food waste reduction a universal practice, turning it into an achievable goal for combating hunger. In 2022, notable achievements included establishing food rescue operations with Pepsico, Daily Harvest, and Kind Snacks, resulting in the diversion of substantial amounts of food from waste, benefiting numerous individuals in need.
Official website here: www.rescuingleftovercuisine.org
Who is the CEO of Rescuing Leftover Cuisine Inc?
Robert Lee is the Board Member of Rescuing Leftover Cuisine Inc. The CEO's salary of Rescuing Leftover Cuisine Inc is $96,913 and their total compensation is $106,097.
Official website here: www.rescuingleftovercuisine.org
What is the revenue of Rescuing Leftover Cuisine Inc?
Rescuing Leftover Cuisine Inc's revenue in 2022 was $6,617,208.
Official website here: www.rescuingleftovercuisine.org
Who are the executives of Rescuing Leftover Cuisine Inc and what are their salaries?
The average compensation at Rescuing Leftover Cuisine Inc during 2022 was $35,934. There are 25 employees and 1338 volunteers at Rescuing Leftover Cuisine Inc.
Here are 15 key members and their salaries (Rescuing Leftover Cuisine Inc's CEO's salary is $96,913 and their total compensation is $106,097):
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- Compensation: $96,913
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Official website here: www.rescuingleftovercuisine.org
Where can I find the form 990 for Rescuing Leftover Cuisine Inc?
Rescuing Leftover Cuisine Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.rescuingleftovercuisine.org
Learn more at the official website: www.rescuingleftovercuisine.org
Mission Statement of Rescuing Leftover Cuisine Inc
Rescuing Leftover Cuisine Inc, a nonprofit organization, is dedicated to becoming a globally recognized solution for eliminating food waste within communities. Their mission is twofold: to make food rescue sustainable and universal, and ultimately eradicate food hunger. The organization aims to achieve this by establishing partnerships with businesses and individuals, providing a platform for the redistribution of surplus food to those in need.
In 2022, Rescuing Leftover Cuisine Inc established a food rescue operation with Pepsico's Fritos Lay factory in Portland, Oregon. This partnership resulted in the donation of thousands of pounds of snacks, such as chips, pretzels, and other products, to food banks, homeless shelters, and soup kitchens across the Portland area. Over 1,000 people benefited from this food donation on each delivery, and the partnership led to a significant reduction in food waste.
Similarly, the organization partnered with Daily Harvest, a company that creates nutritious food products using organic fruits and vegetables. Daily Harvest's excess inventory, which would otherwise go to waste, was donated to Rescuing Leftover Cuisine Inc, providing hundreds of thousands of meals for food-insecure individuals in various local areas.
The nonprofit also has a long-standing partnership with Kind Snacks, which donates excess inventory of their food products, including bars, grains, and cereals, to Rescuing Leftover Cuisine Inc. This partnership has benefited over 100,000 people and children, providing them with healthy food options.
In summary, Rescuing Leftover Cuisine Inc's mission is to combat food waste and hunger by establishing partnerships with businesses and individuals, redistributing surplus food to those in need. Their efforts have resulted in significant food donations and a reduction in food waste, benefiting thousands of people across various communities.
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Impact
July, 2024
Rescuing Leftover Cuisine Inc's impact in 2022 was significant. One of their accomplishments was establishing a food rescue operation with PepsiCo in Portland, Oregon. This partnership resulted in 1,860,500 pounds of food that would have been thrown out being delivered to food banks, homeless shelters, and soup kitchens in the area, benefitting over 1,000 people on each delivery.
Additionally, Rescuing Leftover Cuisine Inc partnered with Daily Harvest, a company that creates organic smoothies, soups, and more. Through this collaboration, 167,013 pounds of food were rescued and used to feed hundreds of thousands of meals for the food insecure in California, New Jersey, and Texas.
Moreover, a long-standing partnership with KIND Snacks continued to thrive, resulting in 51,680 pounds of food being rescued in 2022 and benefiting more than 100,000 people and children.
Overall, Rescuing Leftover Cuisine Inc's efforts in food rescue are making a tangible impact in combating food waste and ensuring that nutritious food reaches those in need within various communities.
This information is meant to be a general summary of Rescuing Leftover Cuisine Inc. 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: $296
- Program Service Revenue: $141,411
- Gross Receipts: $6,625,625
Assets and Liabilities:
- Total Assets: $1,157,033
- Total Liabilities: $67,452
- Net Assets: $1,089,581
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
EARNED INCOME
Revenue
$141,411
Organization Details
Founding Year
2013
Phone
(646) 592-2229Principal Officer
Robert Lee
Main Address
25 BROADWAY 12TH FLOOR, NEW YORK, NY, 10004
NTEE Category
Code: K30 - Food
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