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Kakao Ceremonial Drinking Chocolate

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

EIN: 822162744 ✦ Bozeman, MT ✦ Designated as a 501(c)(3)

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Overview

What is Kakao Ceremonial Drinking Chocolate?

Kakao Ceremonial Drinking Chocolate is a nonprofit that supports cacao farmers financially by purchasing and selling sustainably farmed cacao. Their mission extends beyond business, as they also invest in reforestation projects and other environmental initiatives. In addition, they donate ceremonial drinking chocolate to individuals of lower income, furthering their commitment to social responsibility. Based in Bozeman, Montana, Kakao Ceremonial Drinking Chocolate combines business and philanthropy, supporting cacao farmers and promoting environmental sustainability.

Is Kakao Ceremonial Drinking Chocolate legitimate?

Kakao Ceremonial Drinking Chocolate is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kakao Ceremonial Drinking Chocolate 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: $0

For more financial information, click here

What is the mission statement of Kakao Ceremonial Drinking Chocolate?

Kakao Ceremonial Drinking Chocolate's mission involves providing financial support to cacao farmers and contributing to environmental initiatives, such as reforestation projects. They achieve this by purchasing and reselling sustainably farmed cacao. Additionally, the company donates their ceremonial drinking chocolate to individuals of lower income. This mission aims to support the cacao farming community and contribute to environmental preservation while also providing access to high-quality cacao products to a wider audience.

Who is the CEO of Kakao Ceremonial Drinking Chocolate?

Makenzie Marzluff is the Director of Kakao Ceremonial Drinking Chocolate.

What is the revenue of Kakao Ceremonial Drinking Chocolate?

Kakao Ceremonial Drinking Chocolate's revenue in 2021 was $142,924.

Who are the executives of Kakao Ceremonial Drinking Chocolate and what are their salaries?


Here are 3 key members and their salaries:


Namtal Saavedra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Makenzie Marzluff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mcpherson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kakao Ceremonial Drinking Chocolate?

Kakao Ceremonial Drinking Chocolate's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Kakao Ceremonial Drinking Chocolate

Kakao Ceremonial Drinking Chocolate, a social enterprise, is committed to a two-fold mission. Firstly, it provides financial assistance to cacao farmers by purchasing and reselling sustainably farmed cacao. This not only supports the livelihoods of these farmers but also encourages environmentally friendly farming practices. Secondly, Kakao Ceremonial Drinking Chocolate donates its ceremonial drinking chocolate to individuals of lower income, contributing to their well-being. In addition to this, the company is involved in reforestation and other environment-focused projects, demonstrating a dedication to preserving the environment and promoting sustainable farming practices.

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Impact




October, 2024

Kakao Ceremonial Drinking Chocolate has a significant impact through its multifaceted approach to supporting cacao farmers and promoting environmental sustainability. By purchasing and reselling sustainably farmed cacao, Kakao ensures that farmers receive fair compensation for their labor, which strengthens local economies and empowers communities. This financial support directly contributes to the livelihoods of cacao farmers, fostering their ability to invest in better farming practices and maintain sustainable agricultural methods.

Additionally, Kakao is active in reforestation and other environment-focused projects, which are essential for combating climate change and preserving biodiversity. By investing in these initiatives, Kakao helps restore ecosystems that have been degraded by deforestation and unsustainable farming practices, thereby benefiting both the environment and future generations.

Furthermore, Kakao's commitment to donating ceremonial drinking chocolate to lower-income individuals ensures that the joys and cultural significance associated with chocolate can be shared more broadly. This act of giving not only enriches the lives of those receiving the chocolate but also fosters a sense of community and connection among diverse populations.

Overall, Kakao Ceremonial Drinking Chocolate plays a vital role in promoting social equity, environmental responsibility, and cultural appreciation within the cacao supply chain and beyond.




This information is meant to be a general summary of Kakao Ceremonial Drinking Chocolate. 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
$142,924 (2021)
Expenses
$118,303 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $139,315
  • Gross Receipts: $142,924

Assets and Liabilities:

  • Total Assets: $56,578
  • Total Liabilities: $8,458
  • Net Assets: $48,120

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Programs

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

KAKAO Sales

Revenue

$309,789

Less Cost of Goods Sol

Revenue

-$170,474

Organization Details

Founding Year

2017

Principal Officer

Makenzie Marzluff

Main Address

770 Osterman Dr STE E, Bozeman, MT, 59715

NTEE Category

Code: Q31 - International

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