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Food To Power (Fka Colorado Springs Food Rescue)

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

EIN: 463665741 ✦ Colorado springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Food To Power (Fka Colorado Springs Food Rescue)?

Food To Power, formerly known as Colorado Springs Food Rescue, is a nonprofit organization situated in Colorado Springs, Colorado. Their primary mission is to foster a healthy and equitable food system within the larger Colorado Springs community. They achieve this through integrated, neighborhood-based programs that promote fresh food access, education, and growth opportunities. One of their key initiatives is a weekly, resident-led food distribution program, serving food-insecure individuals directly. Additionally, they collaborate with other nonprofit organizations to expand their reach, distributing a substantial amount of food with a value of over 1.2 million dollars in 2020 alone. The organization is staffed by 42 dedicated employees.


Official website here: www.coloradospringsfoodrescue.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82%, Three-Star out of Four Star rating

Food To Power has received a solid score of 82%, reflecting its commitment to accountability and finance management. This score is derived entirely from its accountability metrics, indicating that the organization effectively maintains transparency and responsible financial practices. The organization has achieved perfect scores in several areas, including board independence and financial ratios, which highlight its strong governance structure.

The nonprofit boasts a fully independent board and adheres to best practices in governance, including documented meeting minutes and a conflict of interest policy. These factors contribute to its high marks in accountability, giving donors confidence in how their contributions are managed. Furthermore, the organization shows exceptional performance in financial ratios, indicating a stable financial position and effective use of funds.

While the rating primarily focuses on financial practices, the organization has not been evaluated on programmatic effectiveness or community impact. Therefore, while Food To Power demonstrates strong governance and financial health, potential donors may want to consider additional information regarding its operational outcomes and the quantifiable impact of its programs in the community.


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

Is Food To Power (Fka Colorado Springs Food Rescue) legitimate?

Food To Power (Fka Colorado Springs Food Rescue) is a legitimate nonprofit organization registered as a 501(c)(3) entity. Food To Power (Fka Colorado Springs Food Rescue) 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: $11,615
Other Salaries and Wages: $575,714

For more financial information, click here


Official website here: www.coloradospringsfoodrescue.org

What is the mission statement of Food To Power (Fka Colorado Springs Food Rescue)?

Food To Power, formerly known as Colorado Springs Food Rescue, aims to foster a balanced and equitable food system within the community. They achieve this goal through integrated neighborhood-based programs that emphasize fresh food access, education, and growth opportunities. These initiatives are designed to improve the food situation for individuals facing food insecurity, while also engaging local residents in the process. In 2020 alone, they successfully distributed food with a value of over 1.2 million dollars, collaborating with various nonprofit organizations to extend their reach.


Official website here: www.coloradospringsfoodrescue.org

Who is the CEO of Food To Power (Fka Colorado Springs Food Rescue)?

Nicole Nicoletta is the Board Chair of Food To Power (Fka Colorado Springs Food Rescue).


Official website here: www.coloradospringsfoodrescue.org

What is the revenue of Food To Power (Fka Colorado Springs Food Rescue)?

Food To Power (Fka Colorado Springs Food Rescue)'s revenue in 2022 was $4,837,449.


Official website here: www.coloradospringsfoodrescue.org

Who are the executives of Food To Power (Fka Colorado Springs Food Rescue) and what are their salaries?

The average compensation at Food To Power (Fka Colorado Springs Food Rescue) during 2022 was $13,707. There are 42 employees at Food To Power (Fka Colorado Springs Food Rescue).


Here are 12 key members and their salaries:


Patricia Cameron (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Fritz (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Hansen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Hansen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Hanson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominque Harris (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candice Harvey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikki Hernandez (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Lory (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Nicoletta (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Molly Olsen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patience Kabwasa (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.coloradospringsfoodrescue.org

Where can I find the form 990 for Food To Power (Fka Colorado Springs Food Rescue)?

Food To Power (Fka Colorado Springs Food Rescue)'s most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.coloradospringsfoodrescue.org

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

Mission Statement of Food To Power (Fka Colorado Springs Food Rescue)

Food To Power, formerly known as Colorado Springs Food Rescue, is dedicated to cultivating a healthy and equitable food system within the greater Colorado Springs community. They achieve this goal through integrated neighborhood-based programs that promote fresh food access, education, and growing opportunities. The organization's mission is to create an environment where everyone in the community has equal access to nutritious food, regardless of their financial situation. They believe that by providing education and growing opportunities, they can help individuals and families make healthier food choices and improve their overall well-being.

In practice, Food To Power implements this mission through weekly resident-led healthy food distribution programs. These programs serve food-insecure individuals directly, and they also collaborate with nonprofit food rescue partners to reach even more people in need. In 2020 alone, Food To Power distributed food with a total value of 1,232,170 dollars. This significant contribution to the community ensures that thousands of people have access to fresh, nutritious food, contributing to a healthier and more equitable food system. By prioritizing food access, education, and growth, Food To Power is making a tangible difference in the lives of many individuals and families in the greater Colorado Springs community.

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Impact




July, 2024

Food To Power (Fka Colorado Springs Food Rescue) has made a significant impact in cultivating a healthy and equitable food system in the greater Colorado Springs community. Through their neighborhood-based programs, they have promoted fresh food access, education, and growing opportunities. One of their key activities is their food rescue and no-cost grocery programs, where they distribute healthy food to food-insecure individuals on a weekly basis. In 2020 alone, Food To Power received and distributed food with a total value of $1,232,170. This demonstrates the organization's dedication to addressing food insecurity and ensuring that individuals in the community have access to nutritious food.




This information is meant to be a general summary of Food To Power (Fka Colorado Springs Food Rescue). 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
$4,837,449 (2022)
Expenses
$3,342,970 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $776
  • Program Service Revenue: $101,089
  • Gross Receipts: $4,837,449

Assets and Liabilities:

  • Total Assets: $3,421,961
  • Total Liabilities: $51,486
  • Net Assets: $3,370,475

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Programs

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

PROGRAM INCOME

Revenue

$100,189

OTHER INCOME

Revenue

$900

Organization Details

Founding Year

2013

Principal Officer

Nicole Nicoletta

Main Address

971 E MORENO AVE STE130, COLORADO SPRINGS, CO, 80903

NTEE Category

Code: K31 - Food

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