Civic Intelligence

The Guy Fieri Foundation

990 • Fiscal year 2023 • EIN 27-3432011

Jan 01, 2023 to Dec 31, 2023 • Filed on May 13, 2024

3835 Cypress Drive 110Petaluma, CA 94954

(707) 795-2691

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

38th percentile

0.02x

Higher debt load relative to assets than 38% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

36th percentile

0.03x

Higher debt load relative to revenue than 36% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

32nd percentile

-3.5%

Higher net margin than 32% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

48th percentile

3.6%

Faster asset growth than 48% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

98th percentile

563%

Faster revenue growth than 98% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$2,913,369

Up $102,273 (+3.6%) from 2022

Net Assets

Up

$2,843,550

Up $246,786 (+9.5%) from 2022

Liabilities

Down

$69,819

Down $144,513 (-67%) from 2022

Revenue

Up

$2,195,393

Up $1,864,417 (+563%) from 2022

Expenses

Up

$2,271,327

Up $1,720,187 (+312%) from 2022

Net Income

Up

-$75,934

Up $144,230 (+66%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $238,016Liabilities 2011: $0Net Assets 2011: $238,0162011Assets 2012: $402,230Liabilities 2012: $0Net Assets 2012: $402,2302012Assets 2013: $658,324Liabilities 2013: $1,406Net Assets 2013: $656,9182013Assets 2014: $703,385Liabilities 2014: $0Net Assets 2014: $703,3852014Assets 2015: $804,158Liabilities 2015: $0Net Assets 2015: $804,1582015Assets 2016: $768,152Liabilities 2016: $0Net Assets 2016: $768,1522016Assets 2017: $1,060,566Liabilities 2017: $786Net Assets 2017: $1,059,7802017Assets 2018: $1,109,204Liabilities 2018: $786Net Assets 2018: $1,108,4182018Assets 2020: $1,348,470Liabilities 2020: $2,639Net Assets 2020: $1,345,8312020Assets 2021: $2,889,333Liabilities 2021: $72,405Net Assets 2021: $2,816,9282021Assets 2022: $2,811,096Liabilities 2022: $214,332Net Assets 2022: $2,596,7642022Assets 2023: $2,913,369Liabilities 2023: $69,819Net Assets 2023: $2,843,5502023Assets 2024: $2,719,851Liabilities 2024: $50,484Net Assets 2024: $2,669,3672024

Highlighted filing

2023

Assets$2,913,369
Liabilities$69,819
Net Assets$2,843,550

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $10,1792011Expenses 2012: $179,4532012Revenue 2013: $533,587Expenses 2013: $278,899Net Income 2013: $254,6882013Revenue 2014: $161,281Expenses 2014: $114,814Net Income 2014: $46,4672014Revenue 2015: $218,338Expenses 2015: $117,565Net Income 2015: $100,7732015Revenue 2016: $90,613Expenses 2016: $126,619Net Income 2016: -$36,0062016Revenue 2017: $491,113Expenses 2017: $199,485Net Income 2017: $291,6282017Revenue 2018: $230,047Expenses 2018: $186,400Net Income 2018: $43,6472018Revenue 2020: $300,457Expenses 2020: $217,910Net Income 2020: $82,5472020Revenue 2021: $1,833,557Expenses 2021: $362,460Net Income 2021: $1,471,0972021Revenue 2022: $330,976Expenses 2022: $551,140Net Income 2022: -$220,1642022Revenue 2023: $2,195,393Expenses 2023: $2,271,327Net Income 2023: -$75,9342023Revenue 2024: $732,337Expenses 2024: $979,723Net Income 2024: -$247,3862024

Highlighted filing

2023

Revenue$2,195,393
Expenses$2,271,327
Net Income-$75,934
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 13, 2024
Return Version
2023v5.0
Gross Receipts
$3,068,941
Mission and Program Overview

Mission

The mission of the foundation is to make a permanent and positive change to our culture by encouraging and educating young people so that they learn to cook for themselves, their friends, and their family in order to enhance their independence and self-esteem.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,780,907$2,588,143▲ $807,236
Cash and Non-Interest-Bearing Accounts$944,673$310,985▼ $633,688
Savings and Temporary Cash Investments$71,275$0▼ $71,275
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$2,811,096$2,913,369▲ $102,273
Other Assets Total$14,241$14,241→ $0
Liabilities
Accounts Payable and Accrued Expenses$214,332$69,819▼ $144,513
Total Liabilities$214,332$69,819▼ $144,513
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,596,764$2,843,550▲ $246,786
Total Net Assets Fund Balance$2,596,764$2,843,550▲ $246,786
Total Liabilities and Net Assets / Fund Balance$2,811,096$2,913,369▲ $102,273
Compensation and Service Providers

Board Members and Trustees

NameTitle
Riley LagesenDirector
Guy R FieriCEO
Reid StrathearnCFO
Ron WargoSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$525,477
Program Service Revenue
$0
Investment Income
$13,283
Other Revenue
$1,656,633
All Other Contributions
$525,477
Change in Net Assets
$-75,934
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,933,064
Other Expenses$188,169
Salaries, Compensation, and Employee Benefits$150,094
Total Fundraising Expense$4,246
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,933,064--$1,933,064
Other Salaries and Wages$139,182--$139,182
Travel$32,634--$32,634
Advertising$25,060--$25,060
Office Expenses-$20,041$1,829$21,870
Insurance-$12,415-$12,415
Payroll Taxes$10,912--$10,912
Other Expenses$7,000$1,879$1,846$3,725
Occupancy$1,667--$1,667
All Other Expenses--$571$571
Total Functional Expenses$2,232,746$34,335$4,246$2,271,327
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hawaii Restaurant AssociationHonolulu, HI-Fundraising$1,200,000
The Salvation ArmyHonolulu, HI-Fundraising$300,000
Miscellaneous Less Than 5000Petaluma, CA-Program Support$155,230
Chefs for KidsLas Vegas, NV-Program$30,000
Humboldt County FairFerndale, CA-Program Support$26,512
California Restaurant AssocSacramento, CA-Program Support$24,000
Ferndale High School BoosterFerndale, CA-High School Football$23,616
Convoy of HopeSpringfield, MO-Program$20,000
Santa Rosa Fire FoundationSanta Rosa, CA-Program$20,000
Unlv FoundationLas Vegas, NV-Program Support$20,000
Canyon Springs High SchoolN Las Vaegas, NV-Culinary Program$18,000
Sonoma County FairSanta Rosa, CA-Program Support$13,657
Herbert Slater Middle SchoolSanta Rosa, CA-Culinary Program$11,250
National Mps SocietyDurham, NC-Program$10,000
Palm Beach County Charity FunWest Palm Beach, FL-Program$10,000
Riverside Sheriffs CharitiesRiverside, CA-Program$10,000
Team Continue FoundationShelby Charter, MI-Program Support$10,000
US Foods IncDenver, CO-Food Relief$9,259
Maria Carrillo High SchoolSanta Rosa, CA-Culinary Program$7,600
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,757,878
Fundraising Direct Expenses$103,086
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Chefs for Maui$1,757,878$1,757,878$103,086$1,654,792
Total Events$1,757,878$1,757,878$103,086$1,654,792
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Prepared by a cpa firm & reviewed by the governing body

Form 990, Part VI, Section B, Line 12C

The monitoring process is designed to include the executive director and the board. The process requires any director or officer of the organization to disclose any potential conflict. Additionally, financial information is reviewed from a potential "conflict" point of view by the board and management on an on-going basis.

Form 990, Part VI, Section C, Line 18

GUIDESTAR.COM

Form 990, Part VI, Section C, Line 19

ON REQUEST

Filing and Contact Details

Filer

Filer Name
The Guy Fieri Foundation
EIN
27-3432011
Phone
7077952691
Address
3835 CYPRESS DRIVE 110, PETALUMA, CA 94954

Signing Officer

Name
Ronald P Wargo
Title
Secretary
Signed
2024-05-13
Discuss with paid preparer
Yes

Organization Details

Formed
2010
Legal Domicile
CA
Voting Board Members
4
Independent Board Members
4
Employees
1
Volunteers
4

Preparer

Firm
Torkelson & Associates CPAs LLP
Address
3835 Cypress Dr STE 110, Petaluma, CA 94954
Preparer
Lori A Enochs
Phone
7077952691
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Prior period unrealized loss = -$176561

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt075597
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05001789
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0310636
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IRS990ScheduleA/PublicSupportPY170Pct00.87060
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IRS990ScheduleA/SubstantialContributorsTotAmt0468087
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt075597
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05001789
IRS990ScheduleA/TotalSupportAmt05670306
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0CHEFS FOR MAUI
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt01757878
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt01757878
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt01757878
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt01757878
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt01654792
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0103086
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt0103086
IRS990ScheduleI/GrantRecordsMaintainedInd0true
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IRS990ScheduleI/RecipientTable/CashGrantAmt230000
IRS990ScheduleI/RecipientTable/CashGrantAmt320000
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IRS990ScheduleI/RecipientTable/CashGrantAmt51200000
IRS990ScheduleI/RecipientTable/CashGrantAmt611250
IRS990ScheduleI/RecipientTable/CashGrantAmt726512
IRS990ScheduleI/RecipientTable/CashGrantAmt87600
IRS990ScheduleI/RecipientTable/CashGrantAmt9155230
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4HIGH SCHOOL FOOTBALL
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5FUNDRAISING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6CULINARY PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8CULINARY PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16FUNDRAISING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18FOOD RELIEF
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CALIFORNIA RESTAURANT ASSOC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CANYON SPRINGS HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CHEFS FOR KIDS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3CONVOY OF HOPE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4FERNDALE HIGH SCHOOL BOOSTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5HAWAII RESTAURANT ASSOCIATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6HERBERT SLATER MIDDLE SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7HUMBOLDT COUNTY FAIR
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8MARIA CARRILLO HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9MISCELLANEOUS LESS THAN 5000
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10NATIONAL MPS SOCIETY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11PALM BEACH COUNTY CHARITY FUN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12RIVERSIDE SHERIFFS CHARITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13SANTA ROSA FIRE FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14SONOMA COUNTY FAIR
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15TEAM CONTINUE FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16THE SALVATION ARMY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17UNLV FOUNDATION
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt18US FOODS INC
IRS990ScheduleI/RecipientTable/RecipientEIN0953676330
IRS990ScheduleI/RecipientTable/RecipientEIN1946000770
IRS990ScheduleI/RecipientTable/RecipientEIN2861857597
IRS990ScheduleI/RecipientTable/RecipientEIN3946003236
IRS990ScheduleI/RecipientTable/RecipientEIN4942790134
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0621 CAPITOL MALL SUITE 2000
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1350 E ALEXANDER RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt28050 Paradise Rd Ste 100
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3PO Box 1125
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt41231 MAIN STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt52909 WAIALAE AVE 44
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt63500 SONOMA AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt71250 5TH STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt86975 MONTECITO BLVD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9C/O 3835 CYPRESS DRIVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt10PO Box 14686

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