Food for Thought Outreach Inc
Nonprofit profile at a glance
- EIN
- 800734040
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-N 2012
- Location
- Santa Rosa Beach, FL, USA
- Phone
- 8506875171
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Nonmonetary Support N.E.C.
Reported finances
- Revenue
- $1,136,760
- Expenses
- $1,485,298
- Assets
- $1,134,361
- Liabilities
- $1,110,936
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- TIFFANIE M NELSON (FOUNDER AND CEO)
Highest reported compensation
- TIFFANIE M NELSON (FOUNDER AND CEO): $135,777 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to remove the negative impacts of hunger and empower a child to get the most out of their education and development by providing them weekly access to healthy and easy to prepare meals.
What it reported doing in 2024
Food for thought outreach inc provides access to healthy, easy to prepare meals to children in need in walton and okaloosa county. We provide weekly backpacks of food to children living in food insecure homes. These children depend on the free or reduced meals at their schools as their main source of food. When they are not in school, they often do not have any food available. Our mission is to remove the negative impacts of hunger and empower these children to get the most of their education and developement. Currently, food for thought serves 35 schools in walton and okaloosa counties, providing backpacks for more than 3,300 students each week.volunteer resources are integral part of food distribution, particularly in the packaging of fresh produce, bagging children's food bags, and sorting donated food.
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 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 95
- Transparency & Controls: 86
- Accountability: 90
- Sustainability: 18
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 93.4%; rating input score 93
- Fundraising efficiency: $46.12 raised per $1 spent on fundraising; rating input score 76; 76th percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.3%; rating input score 92; 16th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -30.7%; rating input score 6; 6th percentile among comparable filings
- Total-asset coverage ratio: 0.76; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.98; rating input score 6; 6th percentile among comparable filings
- Officer compensation ratio: 9.1%; rating input score 40; 40th percentile among comparable filings
Growth
- Program expense growth: 12.1% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: 7.4% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 9.9% per year; rating input score 100; 58th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 93.4% of spending went to programs
- Governance: 5 of 5 board members independent · 6 of 8 filing controls reported
- Programs: 2 filed program accomplishments · $1.4M in reported program spending
- Leadership: top reported pay $136K · 6 people listed
- Consistency: 30 of 31 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors
- Filing history: 11 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 6/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 6/100.
- Moderate — Sustainability: Officer compensation ratio scored 40/100.