Civic Intelligence

Groceryships a California Public

990 • Fiscal year 2023 • EIN 46-4312265

Jan 01, 2023 to Dec 31, 2023 • Filed on Jun 25, 2024

3655 South Grand Avenue 210Los Angeles, CA 90007

(323) 524-4133

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.33x

Higher debt load relative to assets than 82% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

72nd percentile

0.14x

Higher debt load relative to revenue than 72% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

3rd percentile

-122%

Higher net margin than 3% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$127,656

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 21.2% of source-year revenue.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2023

Asset Growth

1st percentile

-73%

Faster asset growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

60%

Faster revenue growth than 84% of similar nonprofits.

2023 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$254,555

Down $686,910 (-73%) from 2022

Net Assets

Down

$170,219

Down $735,717 (-81%) from 2022

Liabilities

Up

$84,336

Up $48,807 (+137%) from 2022

Revenue

Up

$601,747

Up $226,716 (+60%) from 2022

Expenses

Up

$1,337,464

Up $437,288 (+49%) from 2022

Net Income

Down

-$735,717

Down $210,572 (-40%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2015: $51,558Liabilities 2015: $3,305Net Assets 2015: $48,2532015Assets 2016: $86,581Liabilities 2016: $4,336Net Assets 2016: $82,2452016Assets 2017: $141,580Liabilities 2017: $3,874Net Assets 2017: $137,7062017Assets 2018: $169,412Liabilities 2018: $0Net Assets 2018: $169,4122018Assets 2019: $195,927Liabilities 2019: $4,277Net Assets 2019: $191,6502019Assets 2020: $357,882Liabilities 2020: $41,917Net Assets 2020: $315,9652020Assets 2021: $1,464,005Liabilities 2021: $32,924Net Assets 2021: $1,431,0812021Assets 2022: $941,465Liabilities 2022: $35,529Net Assets 2022: $905,9362022Assets 2023: $254,555Liabilities 2023: $84,336Net Assets 2023: $170,2192023Assets 2024: $177,610Liabilities 2024: $44,490Net Assets 2024: $133,1202024

Highlighted filing

2023

Assets$254,555
Liabilities$84,336
Net Assets$170,219

Operations Trend

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

$2.0M$1.0M$0-$1.0MRevenue 2015: $270,677Expenses 2015: $262,362Net Income 2015: $8,3152015Revenue 2016: $246,876Expenses 2016: $212,884Net Income 2016: $33,9922016Revenue 2017: $319,453Expenses 2017: $263,992Net Income 2017: $55,4612017Revenue 2018: $410,851Expenses 2018: $376,899Net Income 2018: $33,9522018Revenue 2019: $483,352Expenses 2019: $450,148Net Income 2019: $33,2042019Revenue 2020: $633,205Expenses 2020: $508,890Net Income 2020: $124,3152020Revenue 2021: $1,767,936Expenses 2021: $652,820Net Income 2021: $1,115,1162021Revenue 2022: $375,031Expenses 2022: $900,176Net Income 2022: -$525,1452022Revenue 2023: $601,747Expenses 2023: $1,337,464Net Income 2023: -$735,7172023Revenue 2024: $1,034,924Expenses 2024: $1,072,023Net Income 2024: -$37,0992024

Highlighted filing

2023

Revenue$601,747
Expenses$1,337,464
Net Income-$735,717
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 25, 2024
Return Version
2023v5.1
Gross Receipts
$662,676
Mission and Program Overview

Mission

Improve long-term health and wellness in low-income communities by creating a network of educational support groups and enhancing access to healthy, unprocessed foods.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$916,482$198,833▼ $717,649
Accounts Receivable-$50,068-
Investments in Publicly Traded Securities$21,041--
Land, Buildings, and Equipment, Net$0$4,904▲ $4,904
Prepaid Expenses and Deferred Charges$3,942$750▼ $3,192
Total Assets$941,465$254,555▼ $686,910
Liabilities
Accounts Payable and Accrued Expenses$10,529$38,536▲ $28,007
Unsecured Notes Loans Payable$25,000$25,000→ $0
Deferred Revenue-$20,800-
Total Liabilities$35,529$84,336▲ $48,807
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$905,936$170,219▼ $735,717
Total Net Assets Fund Balance$905,936$170,219▼ $735,717
Total Liabilities and Net Assets / Fund Balance$941,465$254,555▼ $686,910

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,904$588$5,492
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ave LambertPresident/executive DirectorFT$122,009$5,647$127,656
Sydney ZetuneDirector of OperationsFT$92,600-$92,600

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$577,952
Program Service Revenue
$46,731
Investment Income
$25
Other Revenue
$-22,961
All Other Contributions
$469,378
Change in Net Assets
$-735,717

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Food Inventory49$125,242Fair Market Value
Total Noncash Contributions49$125,242-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$724,572
Other Expenses$579,104
Total Fundraising Expense$179,329
Grants and Similar Amounts Paid$33,788
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$310,510$38,455$57,531$406,496
Fees for Services Other$97,088$59,225$67,345$223,658
Current Officers, Directors, Trustees, and Key Employees$168,247$20,837$31,172$220,256
Office Expenses$137,190$9,649$5,037$151,876
Occupancy$59,768--$59,768
Payroll Taxes$40,479$5,014$7,500$52,993
Other Employee Benefits$32,301$4,000$5,985$42,286
Grants to Domestic Individuals$33,788--$33,788
Fees for Services Accounting-$26,966-$26,966
Fees for Services Legal$1,900$15,450-$17,350
Travel$12,956$940$112$14,008
Other Expenses$4,812$2,013$3,467$6,825
Information Technology$6,700--$6,700
Fees for Services Management$3,798$470$704$4,972
Insurance$4,887--$4,887
Pension Plan Contributions$1,941$240$360$2,541
Advertising-$1,192$116$1,308
Depreciation Depletion$588--$588
Total Functional Expenses$970,815$187,320$179,329$1,337,464
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$60,929
Fundraising Gross Income$28,858
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Summer Salud$63,042$28,858$45,818$-16,960
Total Events$63,042$28,858$60,929$-32,071
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
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
Yes
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

The treasurer reviews and approves the form 990 before it is filed. All board members also receive a full copy of form 990 for review and reference.

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

Procedures include: 1. Duty to disclose. In connection with any actual or possible conflict of interest, an interested person must disclose the existence of the financial interest and be given the opportunity to disclose all material facts to the directors, who are considering the proposed transaction or arrangement. 2. Determining whether a conflict of interest exists. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, the interested person shall leave the board meeting while the determination of a conflict of interest is discussed and voted upon. The remaining board members shall decide if a conflict of interest exists. 3. Procedure for addressing the conflict of interest. In the event that the board determines that a proposed transaction or arrangement presents a conflict of interest, the board shall take the following actions: a. An interested person may make a presentation at the board meeting, but after the presentation, he/she shall leave the meeting during the discussion of, and the vote on, the transaction or arrangement involving the possible conflict of interest. B. The president shall, if appropriate, appoint a disinterested person or committee to investigate alternatives to the proposed transaction or arrangement. C. After exercising due diligence, the board shall determine whether the corporation can obtain with reasonable efforts a more advantageous transaction or arrangement from a person or entity that would not give rise to a conflict of interest. D. If a more advantageous transaction or arrangement is not reasonably possible under circumstances not producing a conflict of interest, the board shall determine by a majority vote of the disinterested directors whether the transaction or arrangement is in the corporation's best interest, for its own benefit, and whether it is fair and reasonable. It shall make its decision as to whether to enter into the transaction or arrangement in conformity with this determination.

Form 990, Part VI, Section B, Line 15

The executive committee of the board of directors (comprised of the board chair, vice chair, secretary and treasurer) convene together in advance of the q4 board meeting to review the executive director's performance from that fiscal year, as well as to review the proposed following year's budget. They agree upon any increases in salary, commensurate on performance and in alignment with industry standards. Base salaries and updates are then proposed to the full board by the executive committee during the q4 board meeting and voted upon by the board.

Form 990, Part VI, Section C, Line 19

The organization's financial documents and basic governing documents can be found on guidestar.

Filing and Contact Details

Filer

Filer Name
Feast Inc
EIN
46-4312265
Phone
3235244133
Address
3655 SOUTH GRAND AVENUE 210, LOS ANGELES, CA 90007

Signing Officer

Name
Sydney Zetune
Title
Co-executive Director
Phone
3235244133
Signed
2024-06-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sydney Zetune
Formed
2013
Legal Domicile
CA
Voting Board Members
20
Independent Board Members
19
Employees
12
Volunteers
283

Preparer

Firm
Harris & Co Pllc
Address
1120 S RACKHAM WAY STE 100, MERIDIAN, ID 83642
Preparer
Bryce Morrison
Phone
2083338965
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS:

Core curriculums: 1. Wellness: 16-week wellness provides participants and their families with food education; nutrition information, recipes, cooking demonstrations; access to fresh, whole foods; support together through peer-to-peer sharing circles designed to build deep bonds of friendship and uncover underlying and often emotional elements of our eating habits. Feast increases its programmatic impact by securing licensed partnerships, through which partner organizations gain access to our wellness program and are able to serve their immediate communities. # of participants served: 751 (this includes our reach through direct services and our partnerships, and includes direct participants + their household members). 2. Family feeding: 8-week family feeding serves low-income-earning parents with children 0-5, reduces negative impacts of stress, depression, and anxiety by providing social support for parents, prevents childhood obesity through healthy food access and nutrition education. # of participants served: 112 (includes our direct program participants + their household members).

Form 990, Part IX, Line 11G

Contract services: program service expenses 97,088. Management and general expenses 59,225. Fundraising expenses 67,345. Total expenses 223,658.

Financial Statement Notes

PART X, LINE 2:

The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, the organization may recognize tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for fiscal year 2023. The organization files form 990 in the u.s. Federal jurisdiction. The organization is generally no longer subject to examination by the internal revenue service for years before 2020.

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IRS990/Desc0COMMUNITY FOOD ACCESS PROGRAM: RECOVERS HIGH QUALITY FARM-FRESH PRODUCE IN PARTNERSHIP WITH LA FOOD RECOVERY ORGANIZATIONS, PROVIDING WEEKLY FOOD DISTRIBUTIONS TO PARTICIPANTS' HOUSEHOLDS. IN 2023, FEAST DISTRIBUTED OVER 50,000LBS OF RECOVERED PRODUCE TO OUR PROGRAM PARTICIPANTS AND COMMUNITY AT LARGE. TO FACILITATE THE DISTRIBUTION OF FOOD, FEAST DELIVERS THE BAGGED PRODUCE EITHER DIRECTLY TO PARTICIPANTS' HOMES, OR TO OUR PROGRAM SITES, WHERE PARTICIPANTS ARE ABLE TO ACCESS THE FOOD WITHOUT ADDITIONAL TRANSPORTATION NEEDS. IN ADDITION, OUR FOOD ACCESS PROGRAM DELIVERS FOOD SCHOLARSHIPS TO PROGRAM PARTICIPANTS WEEKLY WHILE THEY ARE ENROLLED IN ONE OF OUR CORE PROGRAMS (WELLNESS/FAMILY FEEDING)# OF PEOPLE SERVED: 1,144 (INCLUDES PARTICIPANTS + COMMUNITY MEMBERS SERVED WITH EITHER FOOD SCHOLARSHIPS, FRESH PRODUCE, DIRECT ASSISTANCE OR A COMBINATION OF THESE SERVICES)
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2EXTERNAL VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt3BOARD TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4BOARD SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF OPERATIONS
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IRS990/FormationYr02013
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IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
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IRS990/FundraisingDirectExpensesAmt060929
IRS990/FundraisingGrossIncomeAmt028858
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IRS990/GoverningBodyVotingMembersCnt020
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IRS990/GrantAmt08620
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IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0662676
IRS990/GrossRentsGrp/PersonalAmt07645
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt019
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IRS990/InfoInScheduleOPartIIIInd0X
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IRS990/InsuranceGrp/ProgramServicesAmt04887
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IRS990/LoanOutstandingInd00
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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0IMPROVE LONG-TERM HEALTH AND WELLNESS IN LOW-INCOME COMMUNITIES BY CREATING A NETWORK OF EDUCATIONAL SUPPORT GROUPS AND ENHANCING ACCESS TO HEALTHY, UNPROCESSED FOODS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0905936
IRS990/NetAssetsOrFundBalancesEOYAmt0170219
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IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt07645
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt07645
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0905936
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0170219
IRS990/NoncashContributionsAmt0157452
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ProgramServicesAmt059768
IRS990/OccupancyGrp/TotalAmt059768
IRS990/OfficeExpensesGrp/FundraisingAmt05037
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09649
IRS990/OfficeExpensesGrp/ProgramServicesAmt0137190
IRS990/OfficeExpensesGrp/TotalAmt0151876
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IRS990/Organization501c3Ind0X
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IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt032301
IRS990/OtherEmployeeBenefitsGrp/TotalAmt042286
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IRS990/OtherExpensesGrp/Desc1OTHER
IRS990/OtherExpensesGrp/Desc2TRAINING
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02869
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12013
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IRS990/OtherExpensesGrp/TotalAmt26825
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IRS990/ProgramServiceRevenueGrp/Desc0SERVICE FEES
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IRS990/ProgSrvcAccomActy2Grp/Desc0CORE CURRICULUMS PROGRAM - IN ORDER TO PROMOTE SUSTAINABLE HEALTH AND WELLNESS, FEAST OFFERS TWO FOOD EDUCATION CURRICULUMS: WELLNESS AND FAMILY FEEDING. (SEE SCHEDULE O)
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0232429
IRS990/ProgSrvcAccomActy2Grp/GrantAmt025168
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt032898
IRS990/ProgSrvcAccomActy3Grp/Desc0LEADERSHIP TRAINING PROGRAM: FEAST'S PATH TO SCALE INCLUDES PROVIDING THREE-DAY LEADERSHIP TRAINING FOR COMMUNITY MEMBERS AND HEALTH EDUCATORS. ONCE TRAINED, THESE LEADERS ARE PREPARED TO BRING FEAST'S PROGRAMS TO THEIR COMMUNITIES AND TEACH OUR CURRICULUM AND PROGRAMS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt028359
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt02220
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
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IRS990/PYExcessBenefitTransInd00
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IRS990/PYInvestmentIncomeAmt0181
IRS990/PYOtherExpensesAmt0350916
IRS990/PYOtherRevenueAmt07048
IRS990/PYProgramServiceRevenueAmt027144
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IRS990/PYSalariesCompEmpBnftPaidAmt0545760
IRS990/PYTotalExpensesAmt0900176
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0375031
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-735717
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt07645
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt020723
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt028341
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt021410

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