The Good Food Institute Inc

“Substantive sections of the form 990 were reviewed by the ceo, general counsel, vice president operations, director of finance and operations, and senior finance manager as well as other key personnel. All members of the board of directors were provided a complete electronic copy of this form 990 prior to it being submitted to the irs.”

“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 considering the proposed transaction or arrangement at the time of hire and any time a potential conflict arises. The employee must disclose that potential conflict to his or her immediate supervisor whenever possible, before engaging in any activity, transaction or relationship that might give rise to a conflict of interest, employees should consult with their immediate supervisor(s) or the general counsel.”

“The gfi compensation committee, an independent body, conducts an annual review of the compensation of the president, chief executive officer and other senior leadership. The committee evaluates the reasonableness of compensation as it compares to remuneration for similarly qualified individuals with comparable background, experience, education, etc. This is accomplished by reviewing salary and benefits data of various nonprofit organizations, focusing, when possible, on those with similar missions and of similar budget size. The committee uses a variety of sources, including salary and benefit surveys prepared by independent sources, irs 990's posted on websites that monitor/evaluate charities, etc. The committee contemporaneously documents its review procedures and presents the findings to the board of directors. This process was last completed in 2024.”

“The governing documents, conflict of interest policy, and financial statements are available on request as determined by the vice president of development.”

“Consulting/contractual: program service expenses 2,881,291. Management and general expenses 426,008. Fundraising expenses 167,890. Total expenses 3,475,189. Graphic & web design video production and writing/editing: program service expenses 151,293. Management and general expenses 22,369. Fundraising expenses 8,816. Total expenses 182,478. Market research: program service expenses 768,913. Management and general expenses 113,686. Fundraising expenses 44,804. Total expenses 927,403. Software as service and other: program service expenses 609,453. Management and general expenses 90,110. Fundraising expenses 35,512. Total expenses 735,075. International contractors: program service expenses 620,412. Management and general expenses 91,730. Fundraising expenses 36,151. Total expenses 748,293.”

“This process has not changed from the prior year.”