Civic Intelligence

Three Sisters Kitchen

990 • Fiscal year 2022 • EIN 82-4882255

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 14, 2023

109 Gold Ave SWAlbuquerque, NM 87102

(505) 832-7237

Siviq Scores

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

Liabilities / Assets

80th percentile

0.33x

Higher debt load relative to assets than 80% of similar nonprofits.

2022 filings • NTEE K • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

87th percentile

0.35x

Higher debt load relative to revenue than 87% of similar nonprofits.

2022 filings • NTEE K • $1M-$5M nonprofits • Source year 2022

Net Margin

30th percentile

-0.8%

Higher net margin than 30% of similar nonprofits.

2022 filings • NTEE K • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

65th percentile

$81,920

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

2022 filings • NTEE K • $1M-$5M nonprofits • Source year 2022

Asset Growth

79th percentile

41%

Faster asset growth than 79% of similar nonprofits.

2022 filings • NTEE K • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

22nd percentile

-19%

Faster revenue growth than 22% of similar nonprofits.

2022 filings • NTEE K • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,047,502

Up $306,355 (+41%) from 2021

Net Assets

Down

$702,364

Down $12,582 (-1.8%) from 2021

Liabilities

Up

$345,138

Up $318,937 (+1217%) from 2021

Revenue

Down

$988,828

Down $226,131 (-19%) from 2021

Expenses

Up

$996,920

Up $149,482 (+18%) from 2021

Net Income

Down

-$8,092

Down $375,613 (-102%) from 2021

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 2019: $168,886Liabilities 2019: $27,135Net Assets 2019: $141,7512019Assets 2020: $562,879Liabilities 2020: $106,200Net Assets 2020: $456,6792020Assets 2021: $741,147Liabilities 2021: $26,201Net Assets 2021: $714,9462021Assets 2022: $1,047,502Liabilities 2022: $345,138Net Assets 2022: $702,3642022Assets 2023: $1,244,499Liabilities 2023: $451,093Net Assets 2023: $793,4062023Assets 2024: $1,436,810Liabilities 2024: $518,844Net Assets 2024: $917,9662024

Highlighted filing

2022

Assets$1,047,502
Liabilities$345,138
Net Assets$702,364

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2019: $202,017Expenses 2019: $60,266Net Income 2019: $141,7512019Revenue 2020: $1,048,641Expenses 2020: $734,011Net Income 2020: $314,6302020Revenue 2021: $1,214,959Expenses 2021: $847,438Net Income 2021: $367,5212021Revenue 2022: $988,828Expenses 2022: $996,920Net Income 2022: -$8,0922022Revenue 2023: $1,679,650Expenses 2023: $1,588,608Net Income 2023: $91,0422023Revenue 2024: $2,017,597Expenses 2024: $1,932,371Net Income 2024: $85,2262024

Highlighted filing

2022

Revenue$988,828
Expenses$996,920
Net Income-$8,092
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 14, 2023
Return Version
2022v5.0
Gross Receipts
$1,148,315
Mission and Program Overview

Mission

Three sisters kitchen uses the power and love of local food to create economic opportunity, improve community health and bring our diverse communities together.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$493,638$400,208▼ $93,430
Pledges and Grants Receivable$208,926$232,708▲ $23,782
Intangible Assets-$204,001-
Land, Buildings, and Equipment, Net$26,774$184,249▲ $157,475
Prepaid Expenses and Deferred Charges$1,625$15,771▲ $14,146
Savings and Temporary Cash Investments$10,184$10,565▲ $381
Total Assets$741,147$1,047,502▲ $306,355
Liabilities
Other Liabilities-$209,603-
Accounts Payable and Accrued Expenses$26,038$85,371▲ $59,333
Unsecured Notes Loans Payable-$50,000-
Deferred Revenue$163$164▲ $1
Total Liabilities$26,201$345,138▲ $318,937
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$714,946$688,364▼ $26,582
Net Assets With Donor Restrictions-$14,000-
Total Net Assets Fund Balance$714,946$702,364▼ $12,582
Total Liabilities and Net Assets / Fund Balance$741,147$1,047,502▲ $306,355

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$162,621-$162,621
Equipment$21,628$16,920$38,548
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anzia BennettExecutive DiFT$80,920$1,000$81,920

Board Members and Trustees

NameTitle
Patty KeaneBoard Chair
Carnell ChosaBoard Secret
Joe AntolinBoard Treasu
Antionette Tellez-humbleDirector
Lisa TaylorDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$818,814
Program Service Revenue
$85,934
Investment Income
$381
Other Revenue
$83,699
All Other Contributions
$632,585
Change in Net Assets
$-8,092

Audited Revenue Reconciliation

Revenue per Audited Statements
$988,828
Total Revenue per Audited Statements
$988,828
Total Revenue per Form 990
$988,828
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$716,860
Other Expenses$280,060
Total Fundraising Expense$32,397
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$468,485$41,680$20,272$530,437
Occupancy-$89,028-$89,028
Current Officers, Directors, Trustees, and Key Employees$71,470$6,358$3,093$80,921
Fees for Services Other$24,743$24,957$7,189$56,889
Other Employee Benefits$8,008$45,454$198$53,660
Payroll Taxes$39,431$3,239$1,605$44,275
Fees for Services Accounting$20,820$20,999-$41,819
Insurance-$30,154-$30,154
Office Expenses$5,658$4,485-$10,143
Other Expenses$2,218$5,585$12$7,815
Pension Plan Contributions$1,129$6,410$28$7,567
Travel$4,723$904-$5,627
Depreciation Depletion-$5,146-$5,146
Total Functional Expenses$665,056$299,467$32,397$996,920

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$996,920
Total Expenses per Audited Statements$996,920
Total Expenses per Form 990$996,920
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$209,603
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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, Page 6, Part VI, Line 11B

A draft of the 990 is provided to the board treasurer and management for review and comment prior to the filing.

Form 990, Page 6, Part VI, Line 12C

Organization policy is to disclose any conflicts of interest at regular board meetings.

Form 990, Page 6, Part VI, Line 15A

The board annually assesses the exective director's salary and reviews comparative information to determine the appropriateness of salary level.

Form 990, Page 6, Part VI, Line 15B

The board annually assesses key staff compensation and reviews comparative information to determine the appropriateness of salary level.

Form 990, Page 6, Part VI, Line 19

Governing documents are availiable upon request.

Filing and Contact Details

Filer

Filer Name
Three Sisters Kitchen
EIN
82-4882255
Phone
5058327237
Address
109 GOLD AVE SW, ALBUQUERQUE, NM 87102

Signing Officer

Name
Anzia Bennett
Title
Executive Director
Phone
5058327237
Signed
2023-11-14

Organization Details

Principal Officer
Anzia Bennett
Formed
2018
Legal Domicile
Nm
Voting Board Members
5
Independent Board Members
5
Employees
16
Volunteers
15

Preparer

Firm
Jp Jennings CPA LLC
Address
8420 CHATEAU DR NE, ALBUQUERQUE, NM 87122
Preparer
John Jennings
Phone
5052289689
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Three sisters kitchen uses the power and love of local food to create economic opportunity, improve community health and bring our diverse communities together.

Form 990, Page 2, Part III, Line 4D

Economic opportunity programs (105,195) include manufactured food business training programs, servicing aspiring and early-stage entrepreneurs, incubating new local good businesses, providing training, technical assistance, and commercial kitchen access, and connecting entrepreneurs to resources they need to succeed. Outreach & education program (74,223)include cooking workshops celebrating the bounty of new mexico with a diverse range of school and community partners.

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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01019708
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0880713
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0152079
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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0160
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0648873
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt01963
IRS990ScheduleA/OtherIncome170Grp/TotalAmt01963
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IRS990ScheduleA/PublicSupportTotal170Amt02871314
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0818814
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01019708
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0880713
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0152079
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02871314
IRS990ScheduleA/TotalSupportAmt02873437
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt016920
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IRS990ScheduleD/ExpensesSubtotalAmt0996920
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0162621
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0162621
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0209603
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITY
IRS990ScheduleD/RevenueSubtotalAmt0988828
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0184249
IRS990ScheduleD/TotalExpensesPerForm990Amt0996920
IRS990ScheduleD/TotalLiabilityAmt0209603
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THREE SISTERS KITCHEN USES THE POWER AND LOVE OF LOCAL FOOD TO CREATE ECONOMIC OPPORTUNITY, IMPROVE COMMUNITY HEALTH AND BRING OUR DIVERSE COMMUNITIES TOGETHER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ECONOMIC OPPORTUNITY PROGRAMS (105,195) INCLUDE MANUFACTURED FOOD BUSINESS TRAINING PROGRAMS, SERVICING ASPIRING AND EARLY-STAGE ENTREPRENEURS, INCUBATING NEW LOCAL GOOD BUSINESSES, PROVIDING TRAINING, TECHNICAL ASSISTANCE, AND COMMERCIAL KITCHEN ACCESS, AND CONNECTING ENTREPRENEURS TO RESOURCES THEY NEED TO SUCCEED. OUTREACH & EDUCATION PROGRAM (74,223)INCLUDE COOKING WORKSHOPS CELEBRATING THE BOUNTY OF NEW MEXICO WITH A DIVERSE RANGE OF SCHOOL AND COMMUNITY PARTNERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A DRAFT OF THE 990 IS PROVIDED TO THE BOARD TREASURER AND MANAGEMENT FOR REVIEW AND COMMENT PRIOR TO THE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZATION POLICY IS TO DISCLOSE ANY CONFLICTS OF INTEREST AT REGULAR BOARD MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BOARD ANNUALLY ASSESSES THE EXECTIVE DIRECTOR'S SALARY AND REVIEWS COMPARATIVE INFORMATION TO DETERMINE THE APPROPRIATENESS OF SALARY LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD ANNUALLY ASSESSES KEY STAFF COMPENSATION AND REVIEWS COMPARATIVE INFORMATION TO DETERMINE THE APPROPRIATENESS OF SALARY LEVEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS ARE AVAILIABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0299467
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0665056
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IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt0345138
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IRS990/TotalOtherCompensationAmt01000
IRS990/TotalOtherProgSrvcExpenseAmt0179418
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IRS990/TotalProgramServiceRevenueAmt085934
IRS990/TotalReportableCompFromOrgAmt080920
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0170014
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0988828
IRS990/TotalVolunteersCnt015
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01047502
IRS990/TravelGrp/ManagementAndGeneralAmt0904
IRS990/TravelGrp/ProgramServicesAmt04723
IRS990/TravelGrp/TotalAmt05627
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt050000
IRS990/UponRequestInd0X
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IRS990/WebsiteAddressTxt0THREESISTERSKITCHEN.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ANZIA BENNETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05058327237
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THREE SISTERS KITCHEN
ReturnHeader/Filer/BusinessNameControlTxt0THRE
ReturnHeader/Filer/EIN0824882255
ReturnHeader/Filer/PhoneNum05058327237
ReturnHeader/Filer/USAddress/AddressLine1Txt0109 GOLD AVE SW
ReturnHeader/Filer/USAddress/CityNm0ALBUQUERQUE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NM
ReturnHeader/Filer/USAddress/ZIPCd087102
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JP JENNINGS CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08420 CHATEAU DR NE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ALBUQUERQUE

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