Overview
What is F Bites Inc?
F Bites Inc is a nonprofit organization situated in Buffalo, New York, at 1 Symphony Circle. Their primary focus is on providing educational and training programs in culinary arts for youth at Niagara Falls High School. The organization's mission is to empower both youth and adults by offering hands-on training in a healthy work environment. This approach not only enhances their skills but also fosters leadership and supplies the motivated individual with essential resources. Through workforce development and in-school programs, F Bites Inc teaches soft skills, contributing to the overall betterment of the community. With a team of 42 dedicated employees, F Bites Inc is committed to making a positive impact in the lives of its trainees.
Official website here: www.fbitesculinary@yahoo.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (62%)
F Bites Inc has received a two-star rating from Charity Navigator, indicating that there are areas needing improvement within the organization. The overall score of 62% reflects a mix of strong governance practices, such as having a fully independent board and a solid program expense ratio of 84.58%, suggesting that a large portion of their resources is allocated to their programs. However, the organization has notable gaps in its financial transparency and policy documentation.
While F Bites Inc excels in having a conflict of interest policy and documented board meeting minutes, it lacks crucial policies, including a whistleblower policy, and it has not posted its financial statements on its website. Additionally, the absence of financial statements negatively impacts their accountability score significantly, receiving a zero out of a possible 15 points in this area. This lack of financial disclosure can hinder trust and accountability with potential donors and stakeholders.
The organization's liabilities to assets ratio of 79.75% raises concerns about their financial health, as it suggests that a high percentage of their assets are tied up in liabilities. Overall, while F Bites Inc demonstrates strengths in governance and program spending, addressing its financial reporting and policy gaps is essential for improving its rating and fostering donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is F Bites Inc legitimate?
F Bites Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. F Bites 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: $30,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $210,808
For more financial information, click here
Official website here: www.fbitesculinary@yahoo.com
What is the mission statement of F Bites Inc?
FBites Inc's mission is centered around empowering both youth and adults by providing them with practical experience and training in a healthy work environment. This is achieved through workforce development and school programs. The organization aims to enhance the skills, leadership, and supportive resources of motivated individuals. Specifically, FBites Inc offers education and training in culinary arts for youth at Niagara Falls High School, fostering personal growth and development.
Official website here: www.fbitesculinary@yahoo.com
Who is the CEO of F Bites Inc?
Bobby Anderson is the Board President of F Bites Inc.
Official website here: www.fbitesculinary@yahoo.com
What is the revenue of F Bites Inc?
F Bites Inc's revenue in 2022 was $666,674.
Official website here: www.fbitesculinary@yahoo.com
Who are the executives of F Bites Inc and what are their salaries?
The average compensation at F Bites Inc during 2022 was $5,745. There are 42 employees at F Bites Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $15,250
- Other: $0
- Compensation: $0
- Related: $15,250
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.fbitesculinary@yahoo.com
Where can I find the form 990 for F Bites Inc?
F Bites Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fbitesculinary@yahoo.com
Learn more at the official website: www.fbitesculinary@yahoo.com
Mission Statement of F Bites Inc
F Bites Inc, as an organization, is committed to empowering both youth and adults by providing them with practical, hands-on training in a healthy working environment. This mission aims to enhance the skills, leadership, and supportive resources of motivated individuals. By doing so, F Bites Inc seeks to foster personal growth and self-sufficiency within its community members.
One of the ways F Bites Inc accomplishes this mission is through its workforce development and educational programs, particularly in the field of culinary arts. For instance, the organization has implemented a school program at Niagara Falls High School, where it offers comprehensive training and education in culinary arts to its students. This initiative not only equips young people with valuable vocational skills but also encourages teamwork, leadership, and the development of soft skills essential for success in the workforce.
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Impact
July, 2024
F Bites Inc's impact lies in empowering youth and adults through exposure and hands-on training in a healthy working environment. By focusing on workforce development and in-school programs, F Bites Inc effectively teaches soft skills and offers education and training in culinary arts. One notable initiative is the school program at Niagara Falls High School, where youth are equipped with essential skills and knowledge. F Bites Inc's mission to advance the skill, leadership, and supportive resources of motivated individuals is making a tangible difference in Buffalo, NY, and beyond.
This information is meant to be a general summary of F Bites 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.
- Program Service Revenue: $554,144
- Gross Receipts: $666,674
Assets and Liabilities:
- Total Assets: $229,523
- Total Liabilities: $183,051
- Net Assets: $46,472
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CANTINA
Revenue
$421,580
COFFEE KITCHEN
Revenue
$13,892
NF HIGH SCHOOL WORKFORCE
Revenue
$55,718
FOOD TRUCK
Revenue
$5,646
PROGRAM INCOME
Revenue
$51,855
Organization Details
Founding Year
2015
Phone
(716) 400-4816Principal Officer
Bobby Anderson
Main Address
1 SYMPHONY CIRCLE, Buffalo, NY, 14201
Website
www.fbitesculinary@yahoo.comNTEE Category
Code: B90 - Education
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