Civic Intelligence

Good Eats for Life LLC

990 • Fiscal year 2023 • EIN 84-3573217

Aug 01, 2022 to Jul 31, 2023 • Filed on Oct 26, 2023

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

62nd percentile

0.00x

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

2023 filings • NTEE K30 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

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

2023 filings • NTEE K30 • <$500k nonprofits • Source year 2023

Net Margin

38th percentile

5.1%

Higher net margin than 38% of similar nonprofits.

2023 filings • NTEE K30 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2023 filings • NTEE K30 • <$500k nonprofits • Source year 2023

Asset Growth

49th percentile

3.3%

Faster asset growth than 49% of similar nonprofits.

2023 filings • NTEE K30 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

95th percentile

239%

Faster revenue growth than 95% of similar nonprofits.

2023 filings • NTEE K30 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$387,213

Up $12,246 (+3.3%) from 2022

Net Assets

Up

$387,213

Up $12,246 (+3.3%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$240,330

Up $169,421 (+239%) from 2022

Expenses

Up

$228,084

Up $77,506 (+51%) from 2022

Net Income

Up

$12,246

Up $91,915 (+115%) from 2022

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 2023: $387,213Liabilities 2023: $0Net Assets 2023: $387,2132023Assets 2025: $169,092Liabilities 2025: $0Net Assets 2025: $169,0922025

Highlighted filing

2023

Assets$387,213
Liabilities$0
Net Assets$387,213

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 2023: $240,330Expenses 2023: $228,084Net Income 2023: $12,2462023Revenue 2025: $194,806Expenses 2025: $276,477Net Income 2025: -$81,6712025

Highlighted filing

2023

Revenue$240,330
Expenses$228,084
Net Income$12,246
Jump To
Filing Snapshot
Filing Period
Aug 1, 2022 to Jul 31, 2023
Signed
Oct 26, 2023
Return Version
2022v5.0
Gross Receipts
$240,330
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$374,967$387,213▲ $12,246
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$374,967$387,213▲ $12,246
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$374,967$387,213▲ $12,246
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$374,967$387,213▲ $12,246
Total Liabilities and Net Assets / Fund Balance$374,967$387,213▲ $12,246
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
$240,330
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$240,330
Change in Net Assets
$12,246
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$228,084
Total Fundraising Expense$76,297
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$151,787$0$74,247$226,034
Fees for Services Accounting$0$0$2,050$2,050
Total Functional Expenses$151,787$0$76,297$228,084
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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 B, Line 11B

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

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

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

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
2023-10-26

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 24E

Coliseum Property-Bridge $46,786.62 Whalley Foundation $80,000 Mahan Tuxedo Park $25,000 Fund Raising $76,297.69

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IRS990/MissionDesc0Alleviate 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.
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IRS990/ProgSrvcAccomActy3Grp/Desc0Mahan/Tuxedo Park: Their funds were earmarked to expand to a new school in Harlem, NY... specifically PS 133. However, only part of their first $25,000 payment was used for the first few months of operations at this school, before they decided to part ways and we refunded them the remaining amount. They are no longer involved with Good Eats.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt025000
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt025000
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt070909
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0150578
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-79669
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0150578
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt070909
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt012246
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt046787
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0240330
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt070909
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0352307
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0663546
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct01
IRS990ScheduleA/PublicSupportTotal170Amt0663546
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0240330
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt070909
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0352307
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0663546
IRS990ScheduleA/TotalSupportAmt0663546
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/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Form 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Coliseum Property-Bridge $46,786.62 Whalley Foundation $80,000 Mahan Tuxedo Park $25,000 Fund Raising $76,297.69
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0374967
IRS990/TotalAssetsEOYAmt0387213
IRS990/TotalAssetsGrp/BOYAmt0374967
IRS990/TotalAssetsGrp/EOYAmt0387213
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0240330
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt076297
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0151787
IRS990/TotalFunctionalExpensesGrp/TotalAmt0228084
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0374967
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0387213
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt00
IRS990/TotalOtherProgSrvcGrantAmt00
IRS990/TotalOtherProgSrvcRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0151787
IRS990/TotalProgramServiceRevenueAmt00

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