Rethink Food USA Inc
Overview
Mission
Our mission is to create a sustainable, equitable, and nutritious food system. Rethink food USA does this by creating partnerships with restaurants and corporate partners, ensuring that restaurants are committed to eliminating food waste and creating nutritious meals for their communities.
What it reported doing in 2024
Rethink community kitchen - our sustainable community kitchen converts donated food items from grocery stores, corporate partners and restaurants into nutritious meals to deliver to cbos at no cost. On average the site provides over 5,000 meals a week.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 852420028
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020
- Location
- New York, NY, USA
- Phone
- 2123647040
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Food Programs
Reported finances
- Revenue
- $15,566,782
- Expenses
- $6,630,205
- Assets
- $11,685,178
- Liabilities
- $1,796,346
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 64
- Accountability: 83
- Sustainability: 78
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 40%; rating input score 40
- Program expense ratio: 93.4%; rating input score 93
- Fundraising efficiency: $165 raised per $1 spent on fundraising; rating input score 89; 89th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 14th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 79.4%; rating input score 79; 16th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 94.7%; rating input score 95; 28th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 57.4%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 1.76; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 65; 65th percentile among comparable filings
- Officer compensation ratio: 2.5%; rating input score 72; 72nd percentile among comparable filings
Growth
- Program expense growth: 96.3% per year; rating input score 100; 99th percentile among comparable filings
- Revenue growth: 73.1% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 69.2% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 40% of revenue deployed · 93.4% of spending went to programs
- Governance: 18 of 19 board members independent · 6 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $6.2M in reported program spending
- Leadership: top reported pay $237K · 22 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $165K reported
- Consistency: 27 of 29 current checks pass · 2 findings to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 3 annual filings from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 3 filed related-organization links
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 40/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 3 of 9 not reported.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
Leadership & pay
22 people listed
Highest reported compensation
- MATTHEW JOZWIAK (CEO): $236,754 total reported compensation
- SHARLENE FRANK (CHIEF PEOPLE OFFICER): $233,060 total reported compensation
- CHRISTOPHER HOLLINGER (CHIEF FINANCIAL OFFICER): $223,724 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024.