Food, Agriculture & Nutrition
(K01)
IRS Verified
DX Registered
990 on File
FOOD EQUALITY INITIATIVE INC
Financial strength (30%)
69/100
Reliability (20%)
50/100
Effectiveness (25%)
58/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Food Equality Initiative fights for nutrition security and health equity for all.
Financial Overview — FY 2023
$348K
Total Revenue
$402K
Total Expenses
$258K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
62.4%
Fundraising Efficiency
N/A
Operating Reserve
7.68x
Liability-to-Asset
4.9%
Revenue Diversification
100.0%
Executive Compensation
$90K
Compared with Peers
FY 2023
Compared with 2,490 similar organizations
(United States, Food, Agriculture & Nutrition, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
62.4% | 90.3% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
17.4% | 7.5% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
20.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.7 mo | 10.2 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
4.9% | 0.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 97.6% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
-43.9% | 9.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-45.2% | 14.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-15.7% | 3.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $348K | $402K | $258K | 62.4% | 3 |
| 2022 | $620K | $734K | $312K | 73.0% | 6 |
| 2021 | $1.1M | $932K | N/A | — | 5 |
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