Chefs Collaborative Inc

Nonprofit profile at a glance

EIN
043337348
IRS 990-EZ coverage
2018–2018
Forms available
Form 990 2017, Form 990-EZ 2018
Location
Cambridge, MA, USA
Phone
9176734602
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Nutrition

Official website

Reported finances

Revenue
$158,780
Expenses
$199,721
Assets
$24,613
Liabilities
$109,711

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • Holly Haddad (Executive Director)

People named in this filing

  • Derek Wagner (Board Co Chair)
  • Marc Oshima (Board Co Chair)
  • Paul Fehribach (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Chefs Collaborative is a national nonprofit network with a mission to inspire, educate, and celebrate chefs and food professionals building a better food system. Our vision is that sustainable practices will be second nature for every chef in the United States. We accomplish this work through education via member communications, chef power hour conference calls, local member group across the country, and our Chefs Collaborative summit.

What it reported doing in 2018

General Program: Chefs Collaborative, Inc., founded in 1993, is a tax exempt organization under IRS code section 501(c)(3). Chefs Collaborative is a national nonprofit network with a mission to inspire, educate and celebrate chefs and food professionals building a better food system. Our vision is that sustainable practices will be second nature for every chef in the United States. Chefs and food professionals are powerful change agents, and we need more change makers at the table. Along with our seafood solutions and meat matters programming, in 2017 we launched our what waste initiative to transform the conversation about food waste from problems to solutions. We also awarded 25 scholarships, gathered our our network at the 8th annual Chefs Collaborative Summit in Atlanta, hosted dozens of impactful events across the country through our local groups, and continued to lead the industry by actively changing menus and changing lives.

Operating model

Revenue model
Donor-supported. 61% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 100
  • Sustainability: 8
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 81.1%; rating input score 81
  • Program expense ratio: 64.5%; rating input score 64

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -25.8%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.12; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: 4.46; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 18.8%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -6.4% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: -11.9% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 81.1% of revenue deployed · 64.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $129K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 12/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.