Overview
What is The Food Group Inc?
The Food Group Inc, based in Sheridan County, Wyoming, is a nonprofit organization dedicated to combating childhood hunger. Operating with a team of five individuals, they have been providing weekly food bags to nearly 750 undernourished children during the 2020-2021 school year and summer break. Their mission is to alleviate hunger in the community, offering essential nourishment to children in need. The Food Group Inc seeks to make a difference in the lives of local children by ensuring they have access to nutritious meals, thereby contributing to their overall well-being and development.
Official website here: www.thefoodgroupwy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69% (Two-Star out of Four Stars)
The Food Group Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. With a score of 69% in the Accountability & Finance category, it demonstrates strengths in areas such as having a fully independent board and a solid program expense ratio of 82.19%, which suggests that a significant portion of its funds goes directly towards its programs.
However, the organization has notable gaps in governance practices, specifically the absence of key policies such as a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These shortcomings have negatively impacted its overall rating, emphasizing the need for improved oversight and risk management practices.
Despite these limitations, The Food Group Inc has shown a commitment to financial transparency, as indicated by its liabilities to assets ratio of 21.58% and the presence of documented board meeting minutes. To enhance its rating and operational effectiveness, addressing the missing governance policies will be crucial going forward.
This AI summary has been generated from information found on Charity Navigator.
Is The Food Group Inc legitimate?
The Food Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Food Group 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $169,600
For more financial information, click here
Official website here: www.thefoodgroupwy.org
What is the mission statement of The Food Group Inc?
The Food Group Inc's mission is centered around addressing childhood hunger. They strive to alleviate this issue by providing nutritious meals to children in need. During the 2020-2021 school year and summer break, their volunteers distributed food bags weekly, reaching nearly 750 hungry children in Sheridan County, Wyoming. This organization's efforts aim to ensure that no child goes without sufficient nourishment.
Official website here: www.thefoodgroupwy.org
What is the revenue of The Food Group Inc?
The Food Group Inc's revenue in 2024 was $876,380.
Official website here: www.thefoodgroupwy.org
Who are the executives of The Food Group Inc and what are their salaries?
The average compensation at The Food Group Inc during 2024 was $33,920. There are 5 employees and 150 volunteers at The Food Group Inc.
Here are 8 key members and their salaries:
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Official website here: www.thefoodgroupwy.org
Where can I find the form 990 for The Food Group Inc?
The Food Group Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thefoodgroupwy.org
Learn more at the official website: www.thefoodgroupwy.org
Mission Statement of The Food Group Inc
The Food Group Inc, as a nonprofit organization, is committed to addressing the issue of childhood hunger in a specific region, namely Sheridan County, Wyoming. Their mission is to alleviate this issue by providing nourishment to children in need. This is accomplished through their volunteers who distribute food bags on a regular basis, including during school breaks and the summer months. These food bags help ensure that nearly 750 hungry children in the area receive the necessary sustenance they require. The Food Group Inc's efforts seek to address the pressing issue of childhood hunger, ensuring that these children have access to adequate nutrition, thereby supporting their overall well-being and development.
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Impact
July, 2024
The Food Group Inc's impact can be seen in its continuous efforts to alleviate childhood hunger in Sheridan County, Wyoming. By providing nourishment to children through the distribution of food bags weekly during the school year and summer break, the organization has directly supported nearly 750 hungry children. This initiative plays a crucial role in ensuring that these children have access to essential nutrition, contributing to their overall well-being and development. By focusing on addressing the immediate needs of vulnerable populations, The Food Group Inc is making a tangible difference in the lives of children and families in Sheridan County.
This information is meant to be a general summary of The Food Group 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 2024.
- Investment Income: $46,407
- Gross Receipts: $996,147
Assets and Liabilities:
- Total Assets: $2,232,634
- Total Liabilities: $481,892
- Net Assets: $1,750,742
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Organization Details
Founding Year
2015
Principal Officer
Jennifer Heermann
Website
www.thefoodgroupwy.orgNTEE Category
Code: K30 - Food
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