Civic Intelligence

Food System 6 Accelerator Inc.

990 • Fiscal year 2023 • EIN 81-1251197

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 11, 2024

541 Jefferson Ave 100Redwood City, CA 94063

(650) 761-4752

Siviq Scores

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

Liabilities / Assets

74th percentile

0.17x

Higher debt load relative to assets than 74% of similar nonprofits.

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

Liabilities / Revenue

74th percentile

0.16x

Higher debt load relative to revenue than 74% of similar nonprofits.

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

Net Margin

94th percentile

66%

Higher net margin than 94% of similar nonprofits.

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

Top Officer Pay

71st percentile

$59,231

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

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

Asset Growth

98th percentile

361%

Faster asset growth than 98% of similar nonprofits.

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

Revenue Growth

97th percentile

343%

Faster revenue growth than 97% of similar nonprofits.

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

Assets

Up

$923,463

Up $723,035 (+361%) from 2022

Net Assets

Up

$763,997

Up $659,460 (+631%) from 2022

Liabilities

Up

$159,466

Up $63,575 (+66%) from 2022

Revenue

Up

$992,140

Up $768,419 (+343%) from 2022

Expenses

Down

$332,680

Down $62,479 (-16%) from 2022

Net Income

Up

$659,460

Up $830,898 (+485%) 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 2016: $194,631Liabilities 2016: $2,579Net Assets 2016: $192,0522016Assets 2017: $192,708Liabilities 2017: $24,075Net Assets 2017: $168,6332017Assets 2018: $292,119Liabilities 2018: $5,839Net Assets 2018: $286,2802018Assets 2019: $214,034Liabilities 2019: $25,327Net Assets 2019: $188,7072019Assets 2020: $673,865Liabilities 2020: $105,943Net Assets 2020: $567,9222020Assets 2021: $397,517Liabilities 2021: $99,601Net Assets 2021: $297,9162021Assets 2022: $200,428Liabilities 2022: $95,891Net Assets 2022: $104,5372022Assets 2023: $923,463Liabilities 2023: $159,466Net Assets 2023: $763,9972023Assets 2024: $1,271,935Liabilities 2024: $117,499Net Assets 2024: $1,154,4362024

Highlighted filing

2023

Assets$923,463
Liabilities$159,466
Net Assets$763,997

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2016: $272,074Expenses 2016: $80,022Net Income 2016: $192,0522016Revenue 2017: $366,239Expenses 2017: $389,658Net Income 2017: -$23,4192017Revenue 2018: $498,321Expenses 2018: $380,674Net Income 2018: $117,6472018Revenue 2019: $332,332Expenses 2019: $429,905Net Income 2019: -$97,5732019Revenue 2020: $1,453,351Expenses 2020: $1,074,136Net Income 2020: $379,2152020Revenue 2021: $347,535Expenses 2021: $617,541Net Income 2021: -$270,0062021Revenue 2022: $223,721Expenses 2022: $395,159Net Income 2022: -$171,4382022Revenue 2023: $992,140Expenses 2023: $332,680Net Income 2023: $659,4602023Revenue 2024: $1,315,423Expenses 2024: $924,984Net Income 2024: $390,4392024

Highlighted filing

2023

Revenue$992,140
Expenses$332,680
Net Income$659,460
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$992,140
Mission and Program Overview

Mission

Education for food production and distribution

Food system 6 (fs6") is a non-profit based in the san francisco bay area whose mission is to support the transformation of how we grow, produce, and distribute food towards a just and regenerative food system.the organization runs a comprehensive accelerator program that mentors both for-profit and non-profit entrepreneurs by coaching them through a wide range of business and organizational needs. Fs6 also works to educate stakeholders on the unique capital needs as related to trasforming the food system towards one that is optimized for the health of people and planet. The fs6 program prioritizes working with entrepreneurs who are building a food system that focuses on health, sustainability, and justice - whether through food-tech, supply chain, or access-focused solutions.in addition, fs6 runs programs and performs research on the economics of supporting farmers in their conversion to regnerative agricultural practices. This work focuses on scaling sustainable solutions, building ne

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$57,616$513,201▲ $455,585
Savings and Temporary Cash Investments$136,400$400,000▲ $263,600
Prepaid Expenses and Deferred Charges$4,681$3,053▼ $1,628
Intangible Assets-$857-
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-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Inventories for Sale or Use-$0-
Total Assets$200,428$923,463▲ $723,035
Other Assets Total$1,731$6,352▲ $4,621
Liabilities
Grants Payable-$147,280-
Other Liabilities$71,803$11,058▼ $60,745
Accounts Payable and Accrued Expenses$24,088$1,128▼ $22,960
Total Liabilities$95,891$159,466▲ $63,575
Net Assets / Fund Balance
Net Assets With Donor Restrictions-$763,997-
Net Assets Without Donor Restrictions$104,537--
Total Net Assets Fund Balance$104,537$763,997▲ $659,460
Total Liabilities and Net Assets / Fund Balance$200,428$923,463▲ $723,035
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David Le ZaksManaging DirectorFT$59,231$59,231
Lauren ManningManaging DirectorFT$42,308$42,308
Peter HerzSecretary/CFOPT$23,077$23,077

Board Members and Trustees

NameTitle
Renske LyndePresident
Allison HageyDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$989,124
Program Service Revenue
$0
Investment Income
$3,016
Other Revenue
$0
All Other Contributions
$928,224
Change in Net Assets
$659,460
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$288,982
Other Expenses$43,698
Total Fundraising Expense$33,263
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$114,417$14,302$14,302$143,021
Current Officers, Directors, Trustees, and Key Employees$99,693$12,462$12,461$124,616
Other Employee Benefits$9,244$1,156$1,155$11,555
Payroll Taxes$7,832$979$979$9,790
Travel$7,314$915$914$9,143
Fees for Services Accounting$6,381$798$797$7,976
Fees for Services Legal$5,131$642$641$6,414
Information Technology$3,027$379$378$3,784
Insurance$1,896$237$237$2,370
Fees for Services Other$1,140$143$142$1,425
All Other Expenses$480$61$59$600
Other Expenses$343$43$43$429
Total Functional Expenses$266,143$33,274$33,263$332,680
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Liabilities$6,673
Payroll Liabilities$4,385
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Food System 6 Accelerator Inc
EIN
81-1251197
Phone
6507614752
Address
541 JEFFERSON AVE 100, REDWOOD CITY, CA 94063

Signing Officer

Name
Peter Herz
Title
CFO
Signed
2024-11-11
Discuss with paid preparer
Yes

Organization Details

Formed
2016
Legal Domicile
CA
Voting Board Members
3
Independent Board Members
2
Employees
4
Volunteers
2

Preparer

Firm
Laarni von Ruden CPA
Address
PO Box 94, Palo Alto, CA 94302
Preparer
Laarni Von Ruden
Phone
6508140446
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt255
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt343
IRS990/OtherExpensesGrp/ProgramServicesAmt04800
IRS990/OtherExpensesGrp/ProgramServicesAmt14011
IRS990/OtherExpensesGrp/ProgramServicesAmt2434
IRS990/OtherExpensesGrp/ProgramServicesAmt3343
IRS990/OtherExpensesGrp/TotalAmt06000
IRS990/OtherExpensesGrp/TotalAmt15014
IRS990/OtherExpensesGrp/TotalAmt2543
IRS990/OtherExpensesGrp/TotalAmt3429
IRS990/OtherLiabilitiesGrp/BOYAmt071803
IRS990/OtherLiabilitiesGrp/EOYAmt011058
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt014302
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt014302
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0114417
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IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0979
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0979
IRS990/PayrollTaxesGrp/ProgramServicesAmt07832
IRS990/PayrollTaxesGrp/TotalAmt09790
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04681
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03053
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IRS990/PYContributionsGrantsAmt0223702
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt019
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IRS990/PYOtherExpensesAmt0126852
IRS990/PYRevenuesLessExpensesAmt0-171438
IRS990/PYSalariesCompEmpBnftPaidAmt0268307
IRS990/PYTotalExpensesAmt0395159
IRS990/PYTotalRevenueAmt0223721
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IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0659460
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0136400
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0400000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0989124
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0223702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0343892
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01453308
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0322579
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03332605
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt03016
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt019
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt044
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt043
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0791
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03913
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt017
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IRS990ScheduleA/PublicSupportPY170Pct00.99920
IRS990ScheduleA/PublicSupportTotal170Amt03332605
IRS990ScheduleA/SubstantialContributorsTotAmt00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0989124
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0223702
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0343892
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01453308
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0322579
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03332605
IRS990ScheduleA/TotalSupportAmt03336535
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06673
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt14385
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1PAYROLL LIABILITIES
IRS990ScheduleD/TotalLiabilityAmt011058
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0266143
IRS990/TotalFunctionalExpensesGrp/TotalAmt0332680
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt095891
IRS990/TotalLiabilitiesEOYAmt0159466
IRS990/TotalLiabilitiesGrp/BOYAmt095891
IRS990/TotalLiabilitiesGrp/EOYAmt0159466
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0104537
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0763997
IRS990/TotalProgramServiceExpensesAmt0266143
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt0124616
IRS990/TotalRevenueGrp/ExclusionAmt03016
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0992140
IRS990/TotalVolunteersCnt02
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0200428
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0923463
IRS990/TravelGrp/FundraisingAmt0914
IRS990/TravelGrp/ManagementAndGeneralAmt0915
IRS990/TravelGrp/ProgramServicesAmt07314
IRS990/TravelGrp/TotalAmt09143
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0541 JEFFERSON AVE 100
IRS990/USAddress/CityNm0REDWOOD CITY
IRS990/USAddress/StateAbbreviationCd0CA
IRS990/USAddress/ZIPCd094063
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0WWW.FOODSYSTEM6.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PETER HERZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOOD SYSTEM 6 ACCELERATOR INC
ReturnHeader/Filer/BusinessNameControlTxt0FOOD
ReturnHeader/Filer/EIN0811251197
ReturnHeader/Filer/PhoneNum06507614752
ReturnHeader/Filer/USAddress/AddressLine1Txt0541 JEFFERSON AVE 100
ReturnHeader/Filer/USAddress/CityNm0REDWOOD CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094063
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0770416015
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Laarni von Ruden CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO Box 94
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Palo Alto
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA

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