R Bazaar

Nonprofit profile at a glance

EIN
822661387
IRS 990-EZ coverage
2017–2024
Forms available
Form 990 2020, Form 990-EZ 2024
Location
Denver, CO, USA
Phone
3038818876
Rating
54
Verdict
MIXED
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Reported finances

Revenue
$125,388
Expenses
$139,080
Assets
$30,612
Liabilities
$1,642

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

Leadership & pay

1 person listed

Executive titles in this filing

  • Michelle Lasnier (President)

People named in this filing

  • Michelle Lasnier (President)

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

MISSION To bridge refugee and immigrant communities with local populations through the love of international food and entrepreneurship. R Bazaar will serve as a positive and inclusive influence that showcases cultures through products or food. R Bazaar supports the refugee and immigrant communities through an emergency supply and cultural food provisions pantry. WHY To celebrate ethnic food, experience new flavors, and to support entrepreneur projects and individuals within those communities. WHO Attendee target: Denver residents who are curious about food and culture outside of their normal circles and who are supportive of refugees and immigrant communities, as well as residents looking to learn how to prepare and shop for authentic, ethnic ingredients. Primary vendor target: New and arriving displaced populations wanting to share their home country foods and handmade arisan goods. Local established vendors looking to participate in R Bazaar are asked to serve as mentors or consider

What it reported doing in 2024

During 2024 R Bazaar coordinated 42 catering events to promote local chefs and their related ethnic and cultural talents. As part of R Bazaar's outreach a commercial kitchen operation was leased to provide chefs with access to professional facilities.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 15
  • Transparency & Controls: 100
  • Sustainability: 23
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 24.2%; rating input score 24
  • Program expense ratio: Limited

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: -10.9%; rating input score 14; 14th percentile among comparable filings
  • Total-asset coverage ratio: 0.22; rating input score 20; 20th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 39.3% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 17.2% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 23.7% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 24.2% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • 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 24/100.
  • High — Sustainability: Operating margin scored 14/100.
  • High — Sustainability: Total-asset coverage ratio scored 20/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.