Eat for Equity

What it reported doing in 2024

Bonnaroo community feastseat for equity partnered with bonnaroo music festival in 2024, our 11th time hosting community fundraising dinners in the middle of the music festival. We brought together a team of volunteer cooks to make two four-course feasts and an epic salad for hundreds out of a 90 degree tent in Tennessee. We also get to work with rock stars at bonnaroo, with contributions from artists for some menu items, like maggie rose's lemony vinaigrette.in 2024, 82% of our food dollars were spent on either local or organic food. We prioritized purchasing ingredients from the Tennessee farmers and small businesses that have provided food for the dinners each year.eat for equity cateringeat for equity catering is a separate benefit corporation owned by eat for equity, and became a separate entity in january 2018. While a separate company, eat for equity is the owner of eat for equity catering, and so we'll highlight here the values-driven work of the company: eat for equity catering promotes and models equitable and sustainable food sourcing, provides access to conscious food choices, and uses catering to support local nonprofit causes. Our values are sustainability, diversity, generosity, inclusion, and collaboration.sliding scale meal boxeseat for equity catering makes delicious, sustainable prepared food accessible to our community at a sliding scale. We engage our community to provide for our community - our customers can choose to pay it forward so others can pay what they can. Our meal box program includes both pay-what-you-can and pay-it-forward options, so all our customers can access good, nutritious food. Eat for equity catering sources fresh, local and organic ingredients and feature a new menu each week. Our goal has always been to make good food as accessible as possible, by providing options that are affordable to a wide range of clients. In 2024, we prepared 665 whole boxes and 633 half boxes, which we estimate as just under 12,000 meals, all offered on a sliding scale.our customers responded generously to a pay-it-forward option, paying more than the"regular price" to be able to offset the cost of the pay-what-you-can option for others in our community. This spirit of generosity is core to our values as a company, rooted in our parent nonprofit's mission to build a culture of generosity through sustainable community feasts.for example, with our half meal box option, just over 50% of our customers chose apay-it-forward option [ranging from $5-$10 more a box] to offset the cost of pay-what-you-can options. With our whole meal box, our most popular option, 35% of customers chose a pay-it-forward option [ranging from $5-$20 more / box] to offset the cost of the pay-what-you-can options.free prepared mealsour continued work with kitchen coalition [formerly named Minnesota central kitchen] and second harvest heartland recognizes that hunger isn't just about access to food. In 2024, kitchen coalition reached the milestone of 6 million meals served.in 2024, eat for equity catering provided 32,158 of those free prepared meals. Eat for equity catering has been a kitchen coalition partner since 2020. We prepare 600-800 meals a week that are distributed to our neighbors experiencing food insecurity. We're part of a network of local restaurants and caterers who turn food bank ingredients into nutritious, freshly prepared meals. "i feel very lucky that my very small staff of two people enjoy the creativity of turning these ingredients into something really exciting to prepare and exciting for people to eat. I like making meals that are seasonal and use flavors that are available. That's where i start when i create menus." - marisol herling, eat for equity catering chefin 2024, eat for equity catering began a partnership with the sanneh foundation to make free prepared meals for their community. Sanneh foundation has community food distribution sites throughout the twin cities.we purchase 100% of the ingredients for the me

Financial Efficiency

• Mission deployment rate: 84.1%; rating input score 84
• Program expense ratio: 72%; rating input score 72

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: -16.8%; rating input score 25; 25th percentile among comparable filings
• Total-asset coverage ratio: 0.07; rating input score 10; 10th percentile among comparable filings
• Liabilities to assets ratio: 4.17; rating input score 2; 2nd percentile among comparable filings
• Officer compensation ratio: 47.2%; rating input score 3; 3rd percentile among comparable filings

Growth

• Program expense growth: 10.5% per year; rating input score 100; 73rd percentile among comparable filings
• Revenue growth: 6.3% per year; rating input score 100; 74th percentile among comparable filings
• Asset growth: -7.7% per year; rating input score 0; 20th percentile among comparable filings