Overview
What is Food Fare Agency?
Food Fare Agency is a nonprofit organization, specifically based in Franklington, Louisiana, with a focus on aiding childcare providers catering to families of modest income. Their primary mission is to distribute grants, enabling these providers to offer nutritious meals to the children under their care. With a modest workforce of two individuals, Food Fare Agency plays a crucial role in ensuring that these children receive adequate nutrition during their time in childcare.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Food Fare Agency demonstrates some strengths in accountability and finance, there are notable areas for improvement that prevent a higher score.
The organization features a solid program expense ratio of 90.01%, indicating effective allocation of resources towards its mission. Additionally, it benefits from 100% independent board members and a strong audit and oversight committee, highlighting good governance practices. However, the charity faces significant challenges with its financial health, reflected in a liabilities to assets ratio of 70.98%, which raises concerns about its long-term sustainability.
Furthermore, Food Fare Agency lacks essential policies and disclosures on its website, including conflict of interest and whistleblower policies, which are critical for transparency and accountability. The absence of these documents, along with its missing website link on tax forms, contributes to its lower score in the Accountability & Finance category. Addressing these gaps could enhance the organization’s overall rating and bolster public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Food Fare Agency legitimate?
Food Fare Agency is a legitimate nonprofit organization registered as a 501(c)(3) entity. Food Fare Agency 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: $82,220
For more financial information, click here
What is the mission statement of Food Fare Agency?
The Food Fare Agency's mission revolves around providing grants to facilitate the serving of nutritious meals to children from low-income families who are under the care of childcare providers. This initiative aims to ensure that these children have access to proper nutrition, which is essential for their overall development. The agency grants funds to these childcare providers, thereby enabling them to offer balanced meals to the children in their care. This mission contributes to promoting the well-being and health of children from less privileged backgrounds, ensuring they receive the necessary nutritional support while in childcare.
Who is the CEO of Food Fare Agency?
Amanda Oalmann is the Exec Director of Food Fare Agency.
What is the revenue of Food Fare Agency?
Food Fare Agency's revenue in 2022 was $701,566.
Who are the executives of Food Fare Agency and what are their salaries?
The average compensation at Food Fare Agency during 2022 was $41,110. There are 2 employees at Food Fare Agency.
Here are 4 key members and their salaries:
- Compensation: $43,098
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $34,034
- Related: $0
- Other: $0
Where can I find the form 990 for Food Fare Agency?
Food Fare Agency's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Food Fare Agency
Food Fare Agency, as a nonprofit organization, is committed to providing nourishment for children from low-income families who attend childcare centers. This mission is carried out by granting funds to childcare providers that ensure the preparation and serving of nutritious meals for the children under their care. By doing so, Food Fare Agency plays a significant role in promoting the overall well-being and development of these children, who may otherwise be lacking in essential nutrients. This mission underscores the organization's dedication to supporting vulnerable families and ensuring that their children have access to the necessary resources for a healthy start in life.
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Impact
July, 2024
Food Fare Agency's impact is crucial in helping to provide nutritious meals for children of low-income parents in childcare. By granting funds to childcare providers serving children from low-income families, the agency plays a vital role in ensuring that these vulnerable children have access to healthy and balanced meals on a regular basis. Through their targeted grants, Food Fare Agency contributes significantly to addressing food insecurity among children while promoting their overall well-being and development.
This information is meant to be a general summary of Food Fare Agency. 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: $696,587
- Gross Receipts: $701,566
Assets and Liabilities:
- Total Assets: $76,495
- Total Liabilities: $58,009
- Net Assets: $18,486
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMIN REIMBURSEMENTS
Revenue
$129,402
MEAL REIMBURSEMENTS
Revenue
$567,185
Organization Details
Founding Year
1997
Phone
(985) 839-9351Principal Officer
Amanda Oalmann
Main Address
304 11TH AVE, FRANKLINTON, LA, 70438
NTEE Category
Code: K35D - Food
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