Civic Intelligence

Good Eats for Life LLC

990 • Fiscal year 2022 • EIN 84-3573217

Aug 01, 2021 to Jul 31, 2022 • Filed on Oct 31, 2022

170 E 92nd Street apt 3BNew York, NY 10128

(917) 747-7961

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE K30 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2022 filings • NTEE K30 • <$500k nonprofits • Source year 2022

Net Margin

8th percentile

-112%

Higher net margin than 8% of similar nonprofits.

2022 filings • NTEE K30 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • NTEE K30 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2022

Assets

$374,967

No earlier filing loaded for comparison.

Net Assets

$374,967

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$70,909

No earlier filing loaded for comparison.

Expenses

$150,578

No earlier filing loaded for comparison.

Net Income

-$79,669

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2022: $374,967Liabilities 2022: $0Net Assets 2022: $374,9672022Assets 2025: $169,092Liabilities 2025: $0Net Assets 2025: $169,0922025

Highlighted filing

2022

Assets$374,967
Liabilities$0
Net Assets$374,967

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2022: $70,909Expenses 2022: $150,578Net Income 2022: -$79,6692022Revenue 2025: $194,806Expenses 2025: $276,477Net Income 2025: -$81,6712025

Highlighted filing

2022

Revenue$70,909
Expenses$150,578
Net Income-$79,669
Jump To
Filing Snapshot
Filing Period
Aug 1, 2021 to Jul 31, 2022
Signed
Oct 31, 2022
Return Version
2021v4.0
Gross Receipts
$70,909
Mission and Program Overview

Mission

Alleviate food insecurity amongst elementary school children and promote healthy nutritional and lifestyle habits. Specifically, we distribute backpacks of shelf-stable, ready-to-eat food to elementary school children over the weekend period when they are out of school in cities such as, but not limited to, New York and Los Angeles. We purchase grocery items for distribution to disadvantaged parents of elementary school children served by the backpack program, and also provide nutritious restaurant meals to the schoolchildren, as a monthly community building activity. We identify communities of need and provide food to families with children in these areas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$454,636$374,967▼ $79,669
Total Assets$454,636$374,967▼ $79,669
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$454,636$374,967▼ $79,669
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$454,636$374,967▼ $79,669
Total Liabilities and Net Assets / Fund Balance$454,636$374,967▼ $79,669
Compensation and Service Providers

Board Members and Trustees

NameTitle
Adam RosantePresident & CEO
Bich Ngoc Thi TranVice President & Treasurer
Kate RosanteSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$70,909
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$70,909
Change in Net Assets
$-79,669
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$150,578
Total Fundraising Expense$4,800
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$141,175$1,427-$142,602
Fees for Services Other--$4,800$4,800
Fees for Services Accounting-$3,176$0$3,176
Total Functional Expenses$141,175$4,603$4,800$150,578
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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 A, Line 9

109 N. Sycamore Avenue #100. Los Angeles, CA 90036

Form 990, Part VI, Section B, Line 11B

After the 990 is completed, our process is to send to Finance Committee review, comments, and go ahead to file. Once it is passed through the Finance Committee, we then present it to the larger board at our monthly board meeting for their review.

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

Good Eats for Life, LLC follows its Conflict of Interest policy regarding monitoring and enforcement, where Article VI provides for Annual Affirmation and Disclosures. Each director, principal officer, Committee member and key employee shall annually Assign a statement which a) Affirms that the person has received a copy of the conflict of interest policy, has read and understood the policy, and has agreed to comply with the policy; and b) Discloses that person's interests that could reasonably give rise to conflicts of interest. All such statements by directors, officers, and Committee members shall be filed with the minutes of the Board or Committee.

Form 990, Part VI, Section B, Line 15

Good Eats for Life, LLC on Gender-Based Violence is a nonprofit organization that uses the Internal Revenue Service's three-step safe-harbor procedure for establishing a rebuttable presumption that our executives' compensation is reasonable. The organization's board, comprised of independent persons, determined reasonable compensation of the Executive Director using comparable salary data in NY for nonprofit organizations of a similar size.

Form 990, Part VI, Section C, Line 19

Good Eats for Life, LLC makes its governing documents, conflict of interest policy, and financial statements available to the public upon reasonable request.

Filing and Contact Details

Filer

Filer Name
Good Eats for Life LLC
EIN
84-3573217
Phone
9177477961
Address
170 E 92nd Street apt 3B, New York, NY 10128

Signing Officer

Name
Adam Rosante
Title
President/CEO
Phone
9177477961
Signed
2022-10-31

Organization Details

Principal Officer
Adam Rosante
Formed
2020
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
44
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Stipend

Form 990, Part IX, Line 24E

Food Supplies: $141,175 Bank Fee: $1427

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0109 N. Sycamore Avenue #100. Los Angeles, CA 90036
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1After the 990 is completed, our process is to send to Finance Committee review, comments, and go ahead to file. Once it is passed through the Finance Committee, we then present it to the larger board at our monthly board meeting for their review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Good Eats for Life, LLC follows its Conflict of Interest policy regarding monitoring and enforcement, where Article VI provides for Annual Affirmation and Disclosures. Each director, principal officer, Committee member and key employee shall annually Assign a statement which a) Affirms that the person has received a copy of the conflict of interest policy, has read and understood the policy, and has agreed to comply with the policy; and b) Discloses that person's interests that could reasonably give rise to conflicts of interest. All such statements by directors, officers, and Committee members shall be filed with the minutes of the Board or Committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Good Eats for Life, LLC on Gender-Based Violence is a nonprofit organization that uses the Internal Revenue Service's three-step safe-harbor procedure for establishing a rebuttable presumption that our executives' compensation is reasonable. The organization's board, comprised of independent persons, determined reasonable compensation of the Executive Director using comparable salary data in NY for nonprofit organizations of a similar size.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Good Eats for Life, LLC makes its governing documents, conflict of interest policy, and financial statements available to the public upon reasonable request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Stipend
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Food Supplies: $141,175 Bank Fee: $1427
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 11g
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
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