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Foodcycle

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

EIN: 471615623 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is Foodcycle?

Foodcycle is a nonprofit organization located in Los Angeles, California, specifically at 1949 North Wilton Place, ZIP code 90068. Their primary mission is to combat food insecurity within the community by collecting surplus food from various businesses and farmers markets. They then deliver this food to numerous non-profit organizations, such as The Center at Blessed Sacrament, My Friends Place, Good Shepherd Center for Women and Children, and the Greater West Hollywood Food Coalition. These recipient organizations utilize the donated food to serve those in need, thereby reducing food waste and providing nourishment to vulnerable communities. Foodcycle's dedicated team of 7 employees works tirelessly to ensure that surplus food finds a new life, positively impacting the lives of many.


Official website here: www.foodcyclela.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, 62%, Two-Star out of Four Star rating. The organization excels in Accountability & Finance with a perfect score, indicating strong fiscal management practices. However, there are significant concerns regarding governance, particularly the lack of independent board members and transparency with financial statements, which contributed to the overall low rating.

User reviews highlight positive experiences with Foodcycle, particularly the impact of its volunteer efforts in food recovery and distribution. One volunteer noted the organization's vital role in providing support to communities and its environmental contributions. This reflects the dedication of the team and the effectiveness of the programs in place.

Despite the high program expense ratio, which shows a focus on mission-related activities, the absence of an independent board and missing financial disclosures raise potential issues regarding governance and accountability. This duality of strengths in operational impact and weaknesses in oversight presents a mixed picture for prospective donors and volunteers considering engagement with Foodcycle.


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

What do the Facebook reviews say about Foodcycle?

Though Foodcycle currently has limited reviews on Facebook, the sentiments expressed reflect a positive engagement with the organization. One volunteer has shared their enthusiastic support, indicating a strong commitment to the mission and activities of the nonprofit.

The emphasis on volunteer involvement suggests that those who participate find fulfillment in the work they do. While the number of reviews is small, the recommendation from a current volunteer illustrates a dedication to the cause, hinting at a supportive community around Foodcycle.

Overall, even with just a couple of reviews, there is an optimistic vibe surrounding Foodcycle, showcasing the potential for impactful work and a dedicated volunteer base.


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

Is Foodcycle legitimate?

Foodcycle is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foodcycle 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: $337,235

For more financial information, click here


Official website here: www.foodcyclela.org

What is the mission statement of Foodcycle?

Foodcycle's mission is centered around alleviating food insecurity within communities. They accomplish this by proactively collecting surplus food from various businesses and farmers markets, and then distributing it to non-profit organizations. These organizations, in turn, provide nourishment to individuals and families who are food insecure. Examples of such beneficiary organizations include The Center at Blessed Sacrament, My Friends Place, Good Shepherd Center for Women and Children, and the Greater West Hollywood Food Coalition. By performing this vital service, Foodcycle contributes to fostering a more sustainable and equitable food system.


Official website here: www.foodcyclela.org

What is the revenue of Foodcycle?

Foodcycle's revenue in 2024 was $1,170,856.


Official website here: www.foodcyclela.org

Who are the executives of Foodcycle and what are their salaries?

The average compensation at Foodcycle during 2024 was $42,154. There are 8 employees at Foodcycle.

Here are 7 key members and their salaries:


Nancy Beyda (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Rose (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annette Sikand (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwendolyn Young (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Walsh (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peggy Dicaprio (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandra Reza (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.foodcyclela.org

Where can I find the form 990 for Foodcycle?

Foodcycle's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.foodcyclela.org

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

Mission Statement of Foodcycle

Foodcycle, an organization dedicated to addressing food insecurity, plays a significant role in the community. Its primary mission is to collect surplus food from various sources, including businesses and farmers markets, and deliver it to non-profit organizations that cater to food-insecure communities. By doing so, Foodcycle helps bridge the gap between food waste and those in need.

The organizations that benefit from Foodcycle's efforts include The Center at Blessed Sacrament, My Friends Place, Good Shepherd Center for Women and Children, and the Greater West Hollywood Food Coalition. These organizations provide essential services to vulnerable communities, and Foodcycle's contribution of food resources allows them to extend their reach and better serve their clients.

In essence, Foodcycle's mission revolves around the collection and distribution of food to non-profit organizations that support food-insecure communities. By doing so, it contributes to the overall well-being of these communities, ensuring that no one goes hungry due to lack of food resources.

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Impact




July, 2024

Foodcycle's impact can be seen in the tangible difference it makes in the lives of food-insecure communities in Los Angeles. By efficiently picking up surplus food from various businesses and farmers markets, Foodcycle ensures that this excess food does not go to waste. Instead, it is delivered to nonprofit organizations like The Center at Blessed Sacrament, My Friends Place, Good Shepherd Center for Women and Children, and Greater West Hollywood Food Coalition.

Through this process, Foodcycle directly contributes to alleviating food insecurity by providing nutritious meals to those in need. This not only helps combat hunger but also promotes food sustainability and reduces food waste. The organization's efforts play a crucial role in supporting the vulnerable communities it serves and fostering a more equitable food system in Los Angeles.




This information is meant to be a general summary of Foodcycle. 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
$1,170,856 (2024)
Expenses
$693,739 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $185
  • Program Service Revenue: $843,651
  • Gross Receipts: $1,170,856

Assets and Liabilities:

  • Total Assets: $139,950
  • Total Liabilities: $16,016
  • Net Assets: $123,934

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Programs

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

PROGRAM FOOD RECOVERY

Revenue

$843,651

Organization Details

Founding Year

2014

Principal Officer

Nancy Beyda

NTEE Category

Code: K30 - Food

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