Food Science Club North Carolina State Univ

Overview

Mission

The Food Science Club of North Carolina State University (FSC) exists to foster a close relationship among the Department of Food, Bioprocessing, and Nutrition Sciences students and faculty and staff at North Carolina State University, to encourage leadership, and to acquaint students and the community with the scope of Food, Bioprocessing, and Nutrition Sciences.

What it reported doing in 2024

Community Outreach and Service: FSC conducts activities that encourage development of civic, social, and professional responsibility among members. Furthermore, the FSC has a responsibility to teach and expose the community about the field of food science, such as through presentations at local schools. The FSC has a historical presence at the NC State Fair and interacts with approximately 30,000 people in the greater NC area.

Operating model

Revenue model
Other-operating. 82% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 69% of its reported program spending out as grants.

Nonprofit profile at a glance

EIN
561418626
IRS 990-EZ coverage
2014–2024
Forms available
Form 990 2018, Form 990-EZ 2024
Headquarters
Raleigh, NC, USA
Phone
3369893069
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Professional Societies & Associations

Official website

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 100
  • Sustainability: 76
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 69%; rating input score 69
  • Program expense ratio: 89.3%; rating input score 89

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 22.8%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 5.95; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -1.3% per year; rating input score 0; 44th percentile among comparable filings
  • Revenue growth: -2.9% per year; rating input score 0; 40th percentile among comparable filings
  • Asset growth: 13.1% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 69% of revenue deployed · 89.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $65K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 9 annual filings from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Leadership & pay

12 people listed

Source: IRS Form 990-EZ. Selected filing: FY2024.