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Nonprofiteer
← RETHINK FOOD USA INC

Form 990 for tax year 2022

Filed by RETHINK FOOD USA INC.

Totals

Total revenue
$567,162
Total expenses
$1,084,785
Contributions and grants received
$567,162
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$1,049,788
Total liabilities, end of year
$388,016
Net assets or fund balances, end of year
$661,772
Program services expenses (Part IX)
$915,291
Management and general expenses
$169,494
Fundraising expenses
$0
Program service expenses (Part III)
$915,291

Program services were 84.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $567,162

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $107,481 · management and general $107,481

  • 9 · Other employee benefits

    total $6,755 · management and general $6,755

  • 10 · Payroll taxes

    total $8,196 · management and general $8,196

  • 11b · Fees: legal

    total $33,389 · management and general $33,389

  • 11g · Fees: other

    total $927,629 · program services $915,291 · management and general $12,338

  • 13 · Office expenses

    total $1,209 · management and general $1,209

  • 16 · Occupancy

    total $16 · management and general $16

  • 17 · Travel

    total $110 · management and general $110

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,250,000 · end of year $915,016

  • 4 · Accounts receivable

    end of year $134,772

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,430

  • 25 · Other liabilities

    beginning of year $68,175 · end of year $388,016

  • 27 · Net assets without donor restrictions

    beginning of year $1,179,395 · end of year $490,295

  • 28 · Net assets with donor restrictions

    end of year $171,477

Mission and programs · 2022

Mission

OUR MISSION IS TO CREATE A SUSTAINABLE, EQUITABLE, AND NUTRITIOUS FOOD SYSTEM. RETHINK FOOD USA DOES THIS BY CREATING PARTNERSHIPS WITH RESTAURANTS AND CORPORATE PARTNERS, ENSURING THAT RESTAURANTS ARE COMMITTED TO ELIMINATING FOOD WASTE AND CREATING NUTRITIOUS MEALS FOR THEIR COMMUNITIES.

Activities or mission (Part I)

ELIMINATE HUNGER AND PROVIDE HEALTHY AND NUTRITIOUS MEALS TO THE FOOD INSECURE.

  • RETHINK FOOD USA, INC. (RETHINK FOOD USA) SEEKS TO CREATE A SUSTAINABLE, EQUITABLE, AND NUTRITIOUS FOOD SYSTEM TO PROVIDE FUNDING FOR RESTAURANTS TO PROVIDE FREE MEALS TO INDIVIDUALS IN NEED IN THE COMMUNITIES THEY SERVE. RETHINK FOOD USA AIMS TO EXPAND ITS OPERATION AROUND THE COUNTRY. IT SEEKS TO DO SO BY CREATING PARTNERSHIPS WITH RESTAURANTS AND CORPORATE PARTNERS, ENSURING THAT RESTAURANTS ARE COMMITTED TO ELIMINATING FOOD WASTE AND CREATING NUTRITIOUS MEALS FOR THEIR COMMUNITIES. RETHINK FOOD USA WOULD THEN SUPPORT THE RESTAURANT IN SERVING AND DELIVERING FREE MEALS TO THE FOOD INSECURE IN THEIR COMMUNITY. THIS IS THE PRIMARY FUNCTION OF RETHINK FOOD USA, AND IT AIMS TO ALLOCATE APPROXIMATELY 90% OF ITS TIME TO THIS PURPOSE WITH THE REMAINING 10% OF ITS TIME FOCUSING ON EDUCATING COMMUNITIES ABOUT USING EXCESS FOOD AND NUTRITION. THE ACTIVITY IS PRIMARILY FUNDED BY DONATIONS FROM INDIVIDUALS AND CORPORATE PARTNERS AND THROUGH PARTNERSHIPS WITH RESTAURANTS. SUCH WORK HELPS WITH RETHINK FOOD USA'S GOAL OF ELIMINATING HUNGER AND PROVIDING HEALTHY AND NUTRITIOUS MEALS TO THE FOOD INSECURE.

    Expenses $915,291

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Julian Baker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 5 related
  • Matthew Jozwiak

    CEO

    Total calculated
    $270,483
    From this org
    $0
    From related orgs
    $260,076
    Other
    $10,407
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $247,076 related
    Bonus
    $0 + $13,000 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $10,407 related
    Filer's total
    $0 + $270,483 related
  • Timothy Barakett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related
  • Erickson Mabini

    SENIOR DIRECTOR OF PROGRAMS SOUTH

    Total calculated
    $109,673
    From this org
    $103,835
    From related orgs
    $0
    Other
    $5,838
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 6b · Pay contingent on a related organization's net earnings

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202303199349330740

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