Fts Charity
Nonprofit profile at a glance
- EIN
- 994780729
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024
- Location
- Cincinnati, OH, USA
- Phone
- 5133926600
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Food Programs
Reported finances
- Revenue
- $434,200
- Expenses
- $32,544
- Assets
- $554,255
- Liabilities
- $6,852
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- PC Berndt (Executive Director)
People named in this filing
- PC Berndt (Executive Director)
- Mary Beth Knight (Program Director)
- Mark Schneider (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Feed the Soul is a nonprofit that provides fresh fruits and vegetables to nutritionally deficient children while teaching them how to make healthy choices for life. Through interactive programs, in-school farm markets, and ongoing produce distributions, we ensure kids get the nutrition they need when they need it most. Because when kids eat great, they can be
What it reported doing in 2024
The Power of Produce is an engaging and interactive nutrition education program designed for children in Pre-K through 8th grade. During this 25-minute assembly, students participate in: Taste Tests: Exciting opportunities to sample a variety of fresh fruits and vegetables. Interactive Q&A: Engaging discussions about the nutritional benefits of different produce, emphasizing the importance of each "color of the rainbow. School "farm market shopping" experience where each student takes home more than 28 servings of fresh fruits and vegetables This program serves high priority schools, where food insecurity is a major concern. This program served 5,592.00 food insecure students and provide a total of 174,496.00 servings of fresh produce
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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 47
- Transparency & Controls: 92
- Accountability: 70
- Sustainability: 88
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 7.4%; rating input score 7
- Program expense ratio: 98.1%; rating input score 98
- Fundraising efficiency: $695.83 raised per $1 spent on fundraising; rating input score 97; 97th percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 19th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- 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: 92.5%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 17.03; rating input score 94; 94th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 44; 44th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 7.4% of revenue deployed · 98.1% of spending went to programs
- Governance: 5 of 5 board members independent · 2 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $465K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Highest-paid contractors: 5 contractors listed · $15K reported
- Consistency: 40 of 41 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Financial Efficiency: Mission deployment rate scored 7/100.
- High — Accountability: Governance controls: 4 of 6 not reported.
- Moderate — Transparency & Controls: Schedule D land buildings reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Liabilities to assets ratio scored 44/100.