Overview
What is Foodshot Global Inc?
Foodshot Global Inc is a nonprofit organization situated in New York, New York, specifically at 104 W 123RD ST 3. Their primary mission is to foster innovation and support scalable solutions to global food challenges through an annual competition known as the Foodshot Challenge. This competition involves collaborating with stakeholders to select the year's challenge, creating evaluation criteria, vetting submissions, and providing financial and in-kind support to finalists and winners. Foodshot Global Inc aims to transform the food system into one that is healthier, more sustainable, and equitable, thereby accelerating the transition towards a sustainable food ecosystem. With a small workforce of two dedicated individuals, Foodshot Global Inc continues to proliferate its charitable and educational mission through its network and issue global calls for innovative, scalable solutions to address food-related challenges.
Official website here: www.foodshot.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star Rating
Foodshot Global Inc has received a Two-Star rating from Charity Navigator, indicating a score of 73% based solely on Accountability & Finance. This score is reflective of several strengths in their financial practices, including a perfect score in the financial statements category and a solid performance in material diversion of assets. However, the organization has significant weaknesses in areas related to governance, such as board independence and policies for document retention and whistleblower protection.
The lack of independent board members and a small board size raises concerns about governance and oversight. Additionally, the absence of policies regarding whistleblower protections and document retention suggests potential vulnerabilities in organizational transparency and accountability. While they maintain a decent program expense ratio, improvements in governance practices could enhance their overall standing.
Despite these limitations, Foodshot Global demonstrates a commitment to financial integrity with a strong liability-to-assets ratio. Their compliance with various financial reporting requirements is commendable, but addressing the noted governance weaknesses would be essential for improving their rating and overall effectiveness in fulfilling their mission.
This AI summary has been generated from information found on Charity Navigator.
Is Foodshot Global Inc legitimate?
Foodshot Global Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foodshot Global 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: $254,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.foodshot.org
What is the mission statement of Foodshot Global Inc?
Foodshot Global Inc's mission is centered around transforming the food system into one that is healthier, more sustainable, and more equitable. To accomplish this, the organization accelerates this transformation by identifying and supporting scalable, impactful, and innovative solutions to global food challenges. This is achieved through an annual competition known as The Foodshot Challenge. The challenge involves collaborating with stakeholders to select the year's challenge, establishing objective criteria for evaluation, vetting submissions, and providing financial and in-kind support to finalists and winners. Foodshot Global Inc also proliferates its charitable and educational mission by leveraging its stakeholders' networks and issuing a global call for innovative, scalable solutions to address the chosen challenge.
Official website here: www.foodshot.org
Who is the CEO of Foodshot Global Inc?
Sara Eckhouse is the Executive Director of Foodshot Global Inc.
Official website here: www.foodshot.org
What is the revenue of Foodshot Global Inc?
Foodshot Global Inc's revenue in 2022 was $761,119.
Official website here: www.foodshot.org
Who are the executives of Foodshot Global Inc and what are their salaries?
The average compensation at Foodshot Global Inc during 2022 was $127,250. There are 2 employees and 2 volunteers at Foodshot Global Inc.
Here are 4 key members and their salaries:
- Compensation: $190,000
- Related: $0
- Other: $0
- Compensation: $64,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.foodshot.org
Where can I find the form 990 for Foodshot Global Inc?
Foodshot Global Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.foodshot.org
Learn more at the official website: www.foodshot.org
Mission Statement of Foodshot Global Inc
Foodshot Global Inc is dedicated to transforming the global food system into one that is healthier, more sustainable, and more equitable. Their mission is to accelerate this transformation by identifying, supporting, and nurturing scalable, impactful, and innovative solutions to the various challenges faced within the food sector. This is achieved through an annual competition known as The Foodshot Challenge. This competition involves collaborating with stakeholders to select the year's challenge, establishing objective and non-discriminatory criteria for evaluating submissions, vetting these submissions, and providing in-kind and financial support to the finalists and winners. Foodshot Global Inc proliferates its charitable and educational mission by leveraging its stakeholders' networks and issuing a global call for innovative, scalable solutions to address the challenge at hand.
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Impact
July, 2024
Foodshot Global Inc's impact is centered around transforming the food system into one that is more healthy, sustainable, and equitable. Through its annual Foodshot Challenge, the organization identifies and supports scalable, impactful, and innovative solutions to global food challenges. Foodshot Global collaborates with stakeholders to select each year's challenge, creates objective evaluation criteria for submissions, vets proposals, and provides in-kind and financial support to challenge finalists and winners. By leveraging its stakeholders' networks and issuing a global call for submissions, Foodshot Global proliferates its charitable and educational mission, ultimately accelerating the transformation to a healthier, sustainable, and more equitable food system.
This information is meant to be a general summary of Foodshot Global 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.
- Investment Income: $137
- Gross Receipts: $761,119
Assets and Liabilities:
- Total Assets: $657,601
- Total Liabilities: $10,000
- Net Assets: $647,601
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Organization Details
Founding Year
2017
Phone
(515) 371-6423Principal Officer
Sara Eckhouse
Main Address
104 W 123RD ST 3, NEW YORK, NY, 10027
Website
www.foodshot.orgNTEE Category
Code: K99 - Food
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