Food Recovery Network Inc
Nonprofit profile at a glance
- EIN
- 453836775
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-N 2011
- Location
- Washington, DC, USA
- Phone
- 2406158813
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Food Banks, Pantries
Reported finances
- Revenue
- $1,778,609
- Expenses
- $1,545,222
- Assets
- $2,014,013
- Liabilities
- $175,587
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- REGINA HARMON (CHIEF EXECUTIVE OFFICER)
- KEVIN RETTLE (VICE PRESIDENT)
- DR JESSICA LAUTZ (PRESIDENT)
Highest reported compensation
- REGINA HARMON (CHIEF EXECUTIVE OFFICER): $185,101 total reported compensation
- KATHLEEN JONES (CHIEF OPERATING OFFICER): $167,484 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Food recovery network (frn) unites 8,000+ college students, food suppliers, farmers, and local businesses across the u.s. In the fight against climate change and hunger by recovering surplus food from across the supply chain and donating it to local nonprofit organizations that feed people experiencing hunger.
What it reported doing in 2024
Food recovery network (frn) aims to feed every person who is experiencing hunger in the united states. Our network of 8,000+ students, alumni, dining providers, national partners and local businesses recover food, which would otherwise have gone to waste, to help feed the nearly 44 million people who experienced hunger this year.
Operating model
- Revenue model
- Donor-supported. 92% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 95% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 65
- Accountability: 71
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 68.7%; rating input score 69
- Program expense ratio: 78.9%; rating input score 79
- Fundraising efficiency: $9.06 raised per $1 spent on fundraising; rating input score 35; 35th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 22nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 19.4%; rating input score 19; 26th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 90%; rating input score 90; 23rd percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 13.1%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 1.3; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 22.8%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 13.7% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 13.4% per year; rating input score 100; 75th percentile among comparable filings
- Asset growth: 22.1% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 68.7% of revenue deployed · 78.9% of spending went to programs
- Governance: 9 of 10 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.2M in reported program spending
- Leadership: top reported pay $185K · 11 people listed · 3 of 6 pay-setting controls reported
- Consistency: 30 of 31 current checks pass · 1 finding to review
- Schedules: 6 filed schedules · includes major donors, grants, and executive pay
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 2 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.
- High — Transparency & Controls: Grant itemization coverage scored 19/100.
- Moderate — Accountability: Governance controls: 5 of 9 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 35/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- High — Sustainability: Officer compensation ratio scored 12/100.
- Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.