The Giving Kitchen Initiative, Inc.
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$6,234,990.00
Projected Expenses
$6,208,025.00
Organizational Budgets and Other Documents
| Giving Kitchen Budget | 2023 |
| Giving Kitchen Budget | 2021 |
IRS Letter of Exemption
| IRS Letter of Determination | 2013 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $3,829,430.00 | $5,763,791.00 | |
| Total Expenses | $3,423,561.00 | $2,531,955.00 | |
| Revenue Less Expenses | ($-0.00) | $405,869.00 | $3,231,836.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $134,058.00 | |
| Contributions, Gifts, and Grants | $3,399,567.00 | $5,613,411.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $0.00 | $-320,683.00 | |
| Investment Income, Net of Losses | $11,021.00 | $8,934.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $417,298.00 | $328,071.00 | |
| Revenue In-Kind | $1,544.00 | $0.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $2,641,592.00 | $1,861,689.00 | |
| Administration Expense | $300,749.00 | $266,967.00 | |
| Fundraising Expense | $481,220.00 | $403,299.00 | |
| Total Revenue/Total Expenses | 112% | 228% | |
| Program Expense/Total Expenses | 77% | 74% | |
| Fundraising Expense/Contributed Revenue | 14% | 16% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $3,399,567.00 | Contributions, Gifts, and Grants $5,613,411.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Fundraising Events $417,298.00 | Fundraising Events $328,071.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Investment Income $11,021.00 | Government Grants $134,058.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $5,202,127.00 | $4,797,761.00 | |
| Current Assets | $5,199,377.00 | $4,795,011.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $88,905.00 | $90,408.00 | |
| Total Net Assets | $5,113,222.00 | $4,797,761.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Under Extension
Form 990s
| Giving Kitchen 990 | 2021 |
| Giving Kitchen 990 | 2020 |
| Giving Kitchen 990 | 2019 |
| Giving Kitchen 990 | 2018 |
| Giving Kitchen 990 | 2017 |
Audit Documents
| Giving Kitchen Audit | 2021 |
| Giving Kitchen Audit | 2020 |
| Giving Kitchen Audit | 2019 |
| Giving Kitchen Audit | 2018 |
| Giving Kitchen Audit | 2017 |
CEO/Executive Director/Board Comments
| Giving Kitchen saw an increase in charitable gifts of all types during 2020 due to COVID-19 and how the pandemic effected our industry and the people we served. In 2021, we are working to steward these donors and keep them informed of Giving Kitchen and the people we are supporting during a time of crisis, however, the amount of funds we give away is anticipated to increase and funding is still a critical need to ensure we never have to turn away a food service worker in crisis due to lack of funding. |
Foundation Staff Comments
| Financial figures taken from Form 990 only. Foundation and corporate grants may be included in Contributions, Gifts, and Grants as these sums are not separated in Form 990. Form 990 was prepared internally by the nonprofit. The Giving Kitchen is based out of Atlanta, GA and the 990 reflects the data from the entire organization. Comments provided by Nicole Rose 02/02/2023. |
