Civic Intelligence

Fine Cacao and Chocolate Institute

EIN 47-4926106 • 501(c)3 • Williamsburg, MA

Profile

We develop educational programming for consumers, chocolate professionals, specialty retailers and foodservice professionals. We conduct research and disseminate information on fine cacao and chocolate origin, processing, production, quality and ethics. We build community by creating opportunities forknowledge sharing and mutual understanding throughout the cacao-chocolate supply chain.

3 Judd LaneWilliamsburg, MA 01096

chocolateinstitute.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

97th percentile

4.32x

Higher debt load relative to assets than 97% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

94th percentile

0.90x

Higher debt load relative to revenue than 94% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

24th percentile

-18%

Higher net margin than 24% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

84th percentile

$8,337

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

21st percentile

-44%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

37th percentile

-16%

Faster revenue growth than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$23,903

Down $19,116 (-44%) from 2023

Liabilities

Up

$103,378

Up $1,721 (+1.7%) from 2023

Net Assets

Down

-$79,475

Down $20,837 (-36%) from 2023

Revenue

Down

$115,323

Down $21,951 (-16%) from 2023

Expenses

Up

$136,160

Up $36,108 (+36%) from 2023

Net Income

Down

-$20,837

Down $58,059 (-156%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$100K$0-$100KAssets 2016: $9,564Liabilities 2016: $10,002Net Assets 2016: -$4382016Assets 2017: $31,541Liabilities 2017: $18,294Net Assets 2017: $13,2472017Assets 2018: $108,465Liabilities 2018: $74,272Net Assets 2018: $34,1932018Assets 2019: $106,672Liabilities 2019: $130,749Net Assets 2019: -$24,0772019Assets 2020: $92,070Liabilities 2020: $136,609Net Assets 2020: -$44,5392020Assets 2021: $46,330Liabilities 2021: $92,158Net Assets 2021: -$45,8282021Assets 2022: $7,236Liabilities 2022: $103,096Net Assets 2022: -$95,8602022Assets 2023: $43,019Liabilities 2023: $101,657Net Assets 2023: -$58,6382023Assets 2024: $23,903Liabilities 2024: $103,378Net Assets 2024: -$79,4752024

Highlighted filing

2024

Assets$23,903
Liabilities$103,378
Net Assets-$79,475

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2016: $33,850Expenses 2016: $34,288Net Income 2016: -$4382016Revenue 2017: $24,444Expenses 2017: $10,759Net Income 2017: $13,6852017Revenue 2018: $95,932Expenses 2018: $74,986Net Income 2018: $20,9462018Revenue 2019: $120,249Expenses 2019: $178,519Net Income 2019: -$58,2702019Revenue 2020: $122,470Expenses 2020: $142,932Net Income 2020: -$20,4622020Revenue 2021: $78,305Expenses 2021: $79,596Net Income 2021: -$1,2912021Revenue 2022: $47,732Expenses 2022: $97,764Net Income 2022: -$50,0322022Revenue 2023: $137,274Expenses 2023: $100,052Net Income 2023: $37,2222023Revenue 2024: $115,323Expenses 2024: $136,160Net Income 2024: -$20,8372024

Highlighted filing

2024

Revenue$115,323
Expenses$136,160
Net Income-$20,837

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Feb 11, 2025
Return Version
2023v6.0
Gross Receipts
$115,323
Mission and Program Overview

Mission

We develop educational programming for consumers, chocolate professionals, specialty retailers, and foodservice professionals. We conduct research and disseminate information on fine cacao and chocolate origin, processing, production, quality, and ethics. We build community by creating opportunities for knowledge sharing and mutual understanding throughout the cacao-chocolate supply chain.

We develop educational programming for consumers, chocolate professionals, specialty retailers and foodservice professionals. We conduct research and disseminate information on fine cacao and chocolate origin, processing, production, quality and ethics. We build community by creating opportunities forknowledge sharing and mutual understanding throughout the cacao-chocolate supply chain.

Program Services

DescriptionGrantsExpenses
FCCI PROVIDES RIGOROUS TRAINING IN CACAO SAMPLING AND CALIBRATION FOR PROFESSIONALS WHO SEEK TO CONSISTENTLY AND ACCURATELY EVALUATE CACAO QUALITY WORLDWIDE. OUR GOAL IN THIS TRAINING IS TO CREATE A COMMON LANGUAGE AND COMMUNICATION TOOL FOR CACAO QUALITY, GIVING ALL SUPPLY CHAIN STAKEHOLDERS A MORE ACCESSIBLE, OBJECTIVE WAY OF PROVIDING FEEDBACK TO ONE ANOTHER. OUR CURRICULUM WAS DESIGNED FOLLOWING SIGNIFICANT RESEARCH WITH CACAO PRODUCERS, CHOCOLATE PROFESSIONALS AND SCHOLARLY EXPERTS. THE COURSE IS SUITABLE FOR CACAO PRODUCERS, QUALITY MANAGERS, TECHNICAL ADVISORS, IMPORTERS, EXPORTERS, CHOCOLATE MAKERS, MANUFACTURERS, CHOCOLATIERS AND RETAIL PROFESSIONALS. THE COURSE TEACHES PARTICIPANTS HOW TO EVALUATE CACAO AND CHOCOLATE USING A VARIETY OF TRADITIONAL TECHNIQUES, WHILE FOCUSING ON FCCI'S INNOVATIVE CACAO SAMPLING PROTOCOL. THE FCCI PROTOCOL IS UNIQUE DUE TO ITS SIMPLICITY, REPEATABILITY AND ACCESSIBILITY, OPENING PARTICIPATION IN QUALITY CONVERSATIONS TO ALL SUPPLY CHAIN STAKEHOLDERS IN AN UNPRECEDENTED MANNER. IT THEREFORE SERVES AS A CRITICAL COMPLEMENT TO TRADITIONAL CHOCOLATE LIQUOR AND FINISHED CHOCOLATE SAMPLING PROTOCOLS USED IN MANY CHOCOLATE COMPANIES. FCCI IS COLLECTING DATA FEEDBACK FROM PARTICIPANTS THROUGHOUT THE CACAO-CHOCOLATE SUPPLY CHAIN TO FURTHER REFINE ITS CACAO EVALUATION SYSTEM. NUMBER OF PERSONS BENEFITED THE CACAO GRADER INTENSIVE CLASS HAS BEEN TAUGHT DIRECTLY TO 75 STUDENTS TO DATE. ADDITIONALLY, FCCI TEAM MEMBERS AND COLLABORATORS HAVE LED SHORTER FORM WORKSHOPS ON THE CACAO SAMPLING PROTOCOL IN AT LEAST 23 COUNTRIES: AUSTRALIA, BELIZE, BOLIVIA, BRAZIL, CANADA, COLOMBIA, COSTA RICA, DOMINICAN REPUBLIC, ECUADOR, ESTONIA, FRANCE, GRENADA, GUATEMALA, HONDURAS, JAPAN, MEXICO, NICARAGUA, PERU, SOLOMON ISLANDS, UNITED KINGDOM, UNITED STATES (INCLUDING HAWAII), VANUATU AND VENEZUELA. AS A RESULT, THE FCCI CACAO SAMPLING PROTOCOL IS NOW BEING USED BY COOPERATIVES, ESTATES, PRIVATE FERMENTARIES, EXPORTERS, IMPORTERS, CHOCOLATE MAKERS AND OTHER PROFESSIONALS IN EACH OF THESE COUNTRIES.-$132,609
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CARLA MARTINPresidentFT$8,337-$8,337
KATHRYN SAMPECKSecretaryPT$0--
MICHAEL ODIJIEVice PresidePT$0--
ADAM MCGEETreasurerPT$0--
MARLON AC-PANGANDirectorPT$0--
AMANDA BERLANDirectorPT$0--
MEGAN ELIASDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Fine Cacao and Chocolate Institute
EIN
47-4926106
Phone
6177211695
Address
3 JUDD LANE, WILLIAMSBURG, MA 01096

Signing Officer

Name
Carla Martin
Title
President
Phone
6177211695
Signed
2025-02-11
Discuss with paid preparer
Yes

Preparer

Firm
Ruane & Company Llp
Address
105 CENTRAL STREET SUITE 1200, STONEHAM, MA 02180
Preparer
Thomas M Ruane CPA
Phone
7816430090
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses sales & marketing 1,024 travel 41,772 conference 3,435 interest 230 insurance 3,551 payment fees 490 contract labor 21,500 dues & subscriptions 833 annual report 31 bank fees 680 software expenses 2,914 meals 1,095 parking 1,203 payroll service fees 196 miscellaneous 49 research services 17,415 supplies 2,839 total 99,257

Form 990-ez, Part II, Line 24

2,465 2,465 less accumulated amortization 1,313 1,477 collection 0 14,235 total 1,152 15,223

Form 990-ez, Part II, Line 26

Credit card liability 1,277 2,998 loans from officers 100,380 100,380

Form 990-ez, Part III

We develop educational programming for consumers, chocolate professionals, specialty retailers and foodservice professionals. We conduct research and disseminate information on fine cacao and chocolate origin, processing, production, quality and ethics. We build community by creating opportunities forknowledge sharing and mutual understanding throughout the cacao-chocolate supply chain.

Form 990-ez, Part III, Line 28

Fcci provides rigorous training in cacao sampling and calibration for professionals who seek to consistently and accurately evaluate cacao quality worldwide. Our goal in this training is to create a common language and communication tool for cacao quality, giving all supply chain stakeholders a more accessible, objective way of providing feedback to one another. Our curriculum was designed following significant research with cacao producers, chocolate professionals and scholarly experts. The course is suitable for cacao producers, quality managers, technical advisors, importers, exporters, chocolate makers, manufacturers, chocolatiers and retail professionals. The course teaches participants how to evaluate cacao and chocolate using a variety of traditional techniques, while focusing on fcci's innovative cacao sampling protocol. The fcci protocol is unique due to its simplicity, repeatability and accessibility, opening participation in quality conversations to all supply chain stakeholders in an unprecedented manner. It therefore serves as a critical complement to traditional chocolate liquor and finished chocolate sampling protocols used in many chocolate companies. Fcci is collecting data feedback from participants throughout the cacao-chocolate supply chain to further refine its cacao evaluation system. Number of persons benefited the cacao grader intensive class has been taught directly to 75 students to date. Additionally, fcci team members and collaborators have led shorter form workshops on the cacao sampling protocol in at least 23 countries: australia, belize, bolivia, brazil, canada, colombia, costa rica, dominican republic, ecuador, estonia, france, grenada, guatemala, honduras, japan, mexico, nicaragua, peru, solomon islands, united kingdom, united states (including hawaii), vanuatu and venezuela. As a result, the fcci cacao sampling protocol is now being used by cooperatives, estates, private fermentaries, exporters, importers, chocolate makers and other professionals in each of these countries.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CREDIT CARD LIABILITY 1,277 2,998 LOANS FROM OFFICERS 100,380 100,380
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3WE DEVELOP EDUCATIONAL PROGRAMMING FOR CONSUMERS, CHOCOLATE PROFESSIONALS, SPECIALTY RETAILERS AND FOODSERVICE PROFESSIONALS. WE CONDUCT RESEARCH AND DISSEMINATE INFORMATION ON FINE CACAO AND CHOCOLATE ORIGIN, PROCESSING, PRODUCTION, QUALITY AND ETHICS. WE BUILD COMMUNITY BY CREATING OPPORTUNITIES FORKNOWLEDGE SHARING AND MUTUAL UNDERSTANDING THROUGHOUT THE CACAO-CHOCOLATE SUPPLY CHAIN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FCCI PROVIDES RIGOROUS TRAINING IN CACAO SAMPLING AND CALIBRATION FOR PROFESSIONALS WHO SEEK TO CONSISTENTLY AND ACCURATELY EVALUATE CACAO QUALITY WORLDWIDE. OUR GOAL IN THIS TRAINING IS TO CREATE A COMMON LANGUAGE AND COMMUNICATION TOOL FOR CACAO QUALITY, GIVING ALL SUPPLY CHAIN STAKEHOLDERS A MORE ACCESSIBLE, OBJECTIVE WAY OF PROVIDING FEEDBACK TO ONE ANOTHER. OUR CURRICULUM WAS DESIGNED FOLLOWING SIGNIFICANT RESEARCH WITH CACAO PRODUCERS, CHOCOLATE PROFESSIONALS AND SCHOLARLY EXPERTS. THE COURSE IS SUITABLE FOR CACAO PRODUCERS, QUALITY MANAGERS, TECHNICAL ADVISORS, IMPORTERS, EXPORTERS, CHOCOLATE MAKERS, MANUFACTURERS, CHOCOLATIERS AND RETAIL PROFESSIONALS. THE COURSE TEACHES PARTICIPANTS HOW TO EVALUATE CACAO AND CHOCOLATE USING A VARIETY OF TRADITIONAL TECHNIQUES, WHILE FOCUSING ON FCCI'S INNOVATIVE CACAO SAMPLING PROTOCOL. THE FCCI PROTOCOL IS UNIQUE DUE TO ITS SIMPLICITY, REPEATABILITY AND ACCESSIBILITY, OPENING PARTICIPATION IN QUALITY CONVERSATIONS TO ALL SUPPLY CHAIN STAKEHOLDERS IN AN UNPRECEDENTED MANNER. IT THEREFORE SERVES AS A CRITICAL COMPLEMENT TO TRADITIONAL CHOCOLATE LIQUOR AND FINISHED CHOCOLATE SAMPLING PROTOCOLS USED IN MANY CHOCOLATE COMPANIES. FCCI IS COLLECTING DATA FEEDBACK FROM PARTICIPANTS THROUGHOUT THE CACAO-CHOCOLATE SUPPLY CHAIN TO FURTHER REFINE ITS CACAO EVALUATION SYSTEM. NUMBER OF PERSONS BENEFITED THE CACAO GRADER INTENSIVE CLASS HAS BEEN TAUGHT DIRECTLY TO 75 STUDENTS TO DATE. ADDITIONALLY, FCCI TEAM MEMBERS AND COLLABORATORS HAVE LED SHORTER FORM WORKSHOPS ON THE CACAO SAMPLING PROTOCOL IN AT LEAST 23 COUNTRIES: AUSTRALIA, BELIZE, BOLIVIA, BRAZIL, CANADA, COLOMBIA, COSTA RICA, DOMINICAN REPUBLIC, ECUADOR, ESTONIA, FRANCE, GRENADA, GUATEMALA, HONDURAS, JAPAN, MEXICO, NICARAGUA, PERU, SOLOMON ISLANDS, UNITED KINGDOM, UNITED STATES (INCLUDING HAWAII), VANUATU AND VENEZUELA. AS A RESULT, THE FCCI CACAO SAMPLING PROTOCOL IS NOW BEING USED BY COOPERATIVES, ESTATES, PRIVATE FERMENTARIES, EXPORTERS, IMPORTERS, CHOCOLATE MAKERS AND OTHER PROFESSIONALS IN EACH OF THESE COUNTRIES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CARLA MARTIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06177211695
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FINE CACAO AND CHOCOLATE INSTITUTE
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ReturnHeader/Filer/PhoneNum06177211695
ReturnHeader/Filer/USAddress/AddressLine1Txt03 JUDD LANE
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RUANE & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0105 CENTRAL STREET SUITE 1200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STONEHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002180
ReturnHeader/PreparerPersonGrp/PhoneNum07816430090
ReturnHeader/PreparerPersonGrp/PreparationDt02025-02-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS M RUANE CPA
ReturnHeader/ReturnTs02025-02-14T10:10:18-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-10-01
ReturnHeader/TaxPeriodEndDt02024-09-30
ReturnHeader/TaxYr02023

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