Overview
What is Coastal Foodshed Inc?
Coastal Foodshed Inc is a public health initiative based in New Bedford, Massachusetts, with 16 employees. Their mission is to enhance the accessibility and familiarity of healthy local foods by connecting local growers with consumers. They achieve this through mobile farm stands, utilizing over 25 vendors and wholesale costs, reselling within underserved neighborhoods. Additionally, they operate year-round farmers markets, directly connecting local vendors with hundreds of customers each week. Coastal Foodshed Inc reaches over 15,000 community members annually and offers educational programs on local food, nutrition, and regenerative agriculture. The organization aims to make healthy, locally-sourced food more accessible to the community.
Official website here: www.coastalfoodshed.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
Coastal Foodshed Inc has achieved a commendable score of 88%, reflecting strong accountability and financial management practices. This rating is primarily based on a single beacon score, emphasizing the organization’s commitment to transparency and ethical governance. The charity's fiscal year data shows effective oversight, with a fully independent board and robust financial statements, indicating a well-managed nonprofit.
The organization excels in various metrics, including having a majority of independent board members and a low material diversion of assets, which signifies a dedication to ethical practices. Additionally, Coastal Foodshed has a high program expense ratio of 77.12%, indicating that a significant portion of its resources is directed towards its mission-related activities rather than administrative costs.
However, there are notable limitations, such as the absence of a whistleblower policy and certain document retention protocols. While these deficiencies may not critically undermine the organization's overall performance, they do highlight areas for potential improvement in governance policies. Overall, Coastal Foodshed Inc demonstrates a strong commitment to accountability, while also having opportunities to enhance its policies further.
This AI summary has been generated from information found on Charity Navigator.
Is Coastal Foodshed Inc legitimate?
Coastal Foodshed Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coastal Foodshed 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: $72,069
Professional Fundraising Fees: $0
Other Salaries and Wages: $253,984
For more financial information, click here
Official website here: www.coastalfoodshed.org
What is the mission statement of Coastal Foodshed Inc?
Coastal Foodshed Inc is a public health initiative committed to making healthier local food more accessible and familiar to the community. They achieve this by connecting local growers with consumers, providing education on local food, nutrition, and regenerative agriculture. Their mission is twofold: firstly, they aim to make healthy local foods more available by establishing partnerships with local vendors and wholesalers. Secondly, they strive to make these foods more accessible and familiar by organizing mobile farm stands and year-round farmers markets, where local producers can directly sell their products to customers. As a result, Coastal Foodshed Inc reaches over 15,000 community members annually, promoting a healthier lifestyle and supporting local agriculture.
Official website here: www.coastalfoodshed.org
What is the revenue of Coastal Foodshed Inc?
Coastal Foodshed Inc's revenue in 2023 was $930,193.
Official website here: www.coastalfoodshed.org
Who are the executives of Coastal Foodshed Inc and what are their salaries?
The average compensation at Coastal Foodshed Inc during 2023 was $25,081. There are 13 employees and 5 volunteers at Coastal Foodshed Inc.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $69,971
- Related: $0
- Other: $2,099
Official website here: www.coastalfoodshed.org
Where can I find the form 990 for Coastal Foodshed Inc?
Coastal Foodshed Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.coastalfoodshed.org
Learn more at the official website: www.coastalfoodshed.org
Mission Statement of Coastal Foodshed Inc
Coastal Foodshed Inc, as a public health initiative, is committed to making healthy local foods more available, accessible, and familiar to the community. They achieve this by connecting local growers with consumers, thereby fostering a direct relationship between producers and consumers. Additionally, Coastal Foodshed Inc provides education on local food, nutrition, and regenerative agriculture, aiming to increase awareness and promote sustainable farming practices.
In their mission, Coastal Foodshed Inc employs several strategies. One of their primary methods is through mobile farm stands, which utilize over 25 vendors and local food producers. By reselling their products at wholesale costs within underserved neighborhoods, they make healthy, local food more affordable and accessible to a wider community. Coastal Foodshed Inc also organizes year-round farmers markets, where local vendors can directly sell their products to hundreds of customers each week. This approach not only supports local farmers and businesses but also ensures that community members have regular access to fresh, locally-sourced produce.
Furthermore, Coastal Foodshed Inc offers educational programs to engage and educate the community about the importance of local food, nutrition, and sustainable farming practices. By providing this education, they empower individuals to make healthier food choices and promote regenerative agriculture, which benefits both the environment and the local economy. Overall, Coastal Foodshed Inc's mission is to improve community health and well-being by making healthy, local food more accessible and promoting sustainable farming practices.
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Impact
July, 2024
Coastal Foodshed Inc's impact is evident through its efforts to make healthy local foods more available, accessible, and familiar to the community. By connecting local growers with local consumers and providing education on local food, nutrition, and regenerative agriculture, Coastal Foodshed Inc is contributing to a healthier community in New Bedford, MA. Through initiatives such as mobile farm stands, year-round farmers markets, and educational programs, Coastal Foodshed Inc is reaching over 15,000 community members annually and making a positive impact on public health and food accessibility.
This information is meant to be a general summary of Coastal Foodshed 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 2023.
- Program Service Revenue: $8,050
- Gross Receipts: $1,211,213
Assets and Liabilities:
- Total Assets: $650,906
- Total Liabilities: $308,814
- Net Assets: $342,092
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FARMERS MARKET
Revenue
$6,975
EDUCATION AND PROGRAM
Revenue
$1,075
Organization Details
Founding Year
2018
Principal Officer
Stephanie Perks
Website
www.coastalfoodshed.orgNTEE Category
Code: K40 - Food
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