Institute for Cacao and Chocolate Research Inc
Nonprofit profile at a glance
- EIN
- 474926106
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024
- Location
- Williamsburg, MA, USA
- Phone
- 6177211695
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Research Institutes and Public Policy Analysis
Reported finances
- Revenue
- $141,944
- Expenses
- $126,102
- Assets
- $39,001
- Liabilities
- $102,634
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- CARLA MARTIN (PRESIDENT)
People named in this filing
- CARLA MARTIN (PRESIDENT)
- KATHRYN SAMPECK (SECRETARY)
- MICHAEL ODIJIE (VICE PRESIDE)
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
We develop educational programming for consumers, chocolate professionals, specialty retailers and foodservice professionals. We conduct research and disseminate information on fine cacao and chocolate origin, processing, production, quality and ethics. We build community by creating opportunities forknowledge sharing and mutual understanding throughout the cacao-chocolate supply chain.
What it reported doing in 2024
Fcci provides rigorous training in cacao sampling and calibration for professionals who seek to consistently and accurately evaluate cacao quality worldwide. Our goal in this training is to create a common language and communication tool for cacao quality, giving all supply chain stakeholders a more accessible, objective way of providing feedback to one another. Our curriculum was designed following significant research with cacao producers, chocolate professionals and scholarly experts. The course is suitable for cacao producers, quality managers, technical advisors, importers, exporters, chocolate makers, manufacturers, chocolatiers and retail professionals. The course teaches participants how to evaluate cacao and chocolate using a variety of traditional techniques, while focusing on fcci's innovative cacao sampling protocol. The fcci protocol is unique due to its simplicity, repeatability and accessibility, opening participation in quality conversations to all supply chain stakeholders in an unprecedented manner. It therefore serves as a critical complement to traditional chocolate liquor and finished chocolate sampling protocols used in many chocolate companies. Fcci is collecting data feedback from participants throughout the cacao-chocolate supply chain to further refine its cacao evaluation system. Number of persons benefited the cacao grader intensive class has been taught directly to 75 students to date. Additionally, fcci team members and collaborators have led shorter form workshops on the cacao sampling protocol in at least 23 countries: australia, belize, bolivia, brazil, canada, colombia, costa rica, dominican republic, ecuador, estonia, france, grenada, guatemala, honduras, japan, mexico, nicaragua, peru, solomon islands, united kingdom, united states (including Hawaii), vanuatu and venezuela. As a result, the fcci cacao sampling protocol is now being used by cooperatives, estates, private fermentaries, exporters, importers, chocolate makers and other professionals in each of these countries.
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 92
- Transparency & Controls: 82
- Sustainability: 44
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.2%; rating input score 88
- Program expense ratio: 99.3%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 11.2%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 0.31; rating input score 26; 26th percentile among comparable filings
- Liabilities to assets ratio: 2.63; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 10.4% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 10.3% per year; rating input score 100; 67th percentile among comparable filings
- Asset growth: -5.5% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 88.2% of revenue deployed · 99.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $125K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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: Total-asset coverage ratio scored 26/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.