Food Secure Inc

Nonprofit profile at a glance

EIN
884256003
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024
Location
Aventura, FL, USA
Phone
3464400750
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$25,000
Expenses
$12,725
Assets
$30,717
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • FRIDA BAZBAZ (PRESIDENT)
  • ESTHER HIMELFARB SHVEID (VICE PRESIDENT)

People named in this filing

  • FRIDA BAZBAZ (PRESIDENT)
  • ESTHER HIMELFARB SHVEID (VICE PRESIDENT)
  • TERESA BAZBAZ (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Through strategic partnerships with individuals, corporations, nonprofit organizations, and government instituions, food secure works to build sustainable solutions that bridge the gap between abundance and need. Our ultimate goal is bold yet achievable a world where every person, regardless of circumstance, has reliable access to nutritious food and the opportunity to thrive.

What it reported doing in 2024

Food secure inc. Provides containers for growing food in underserved areas i.e. Neighborhoods without green space for gardening.

Operating model

Revenue model
Donor-supported. 100% 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 total spending goes to programs. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 100
  • Sustainability: 78
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50.9%; rating input score 51
  • Program expense ratio: 100%; rating input score 100

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: 49.1%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 2.41; rating input score 70; 70th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 50.9% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $13K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 51/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.