The Sprouts Healthy Communities Foundation

Nonprofit profile at a glance

EIN
472975827
IRS 990 coverage
2015–2024
Forms available
Form 990 2024
Location
Phoenix, AZ, USA
Phone
4808148016
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Federated Giving Programs

Official website

Reported finances

Revenue
$14,045,848
Expenses
$15,565,293
Assets
$5,995,267
Liabilities
$5,799,613

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

Leadership & pay

7 people listed

Executive titles in this filing

  • LYNDSEY WAUGH (EXECUTIVE DIRECTOR)
  • BRANDON LOMBARDI (PRESIDENT (EFFECTIVE 1/1/24))

People named in this filing

  • LYNDSEY WAUGH (EXECUTIVE DIRECTOR)
  • KRISTEN BLUM (CHAIRMAN)
  • BRANDON LOMBARDI (PRESIDENT (EFFECTIVE 1/1/24))

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

The sprouts healthy communities foundation, established in 2015, works to improve lives and health outcomes in the communities we serve through local nutrition education, nutrition access, and wellness programs.

What it reported doing in 2024

Neighborhood grantsone-year grants that support direct programs happening at schools and nonprofit organizations aligned with the foundation's mission. In 2024, over $4m in grants were awarded to 585 organizations across four categories, including: growing healthy kids, wellness across the lifespan, sprouting school gardens, and local in-store check presentations.wellness across the lifespan grants - to provide adults and vulnerable populations with access to nutritious food and essential nutrition education. The foundation awarded $1,016,700 to 129 organizations growing healthy kids grants - help kids grow healthy and equip them with the tools they need to develop habits that last a lifetime. Support community-based programs focused on children's nutrition access, nutrition education, and health and wellness. The foundation awarded 163 grants totaling $1,240,358. Local in-store presentations - supporting hyperlocal organizations in our store communities that emphasize healthy lifestyles and behaviors. The foundation awarded 91 grants with $695,000.sprouting school gardens grants - bringing hands-on garden-based nutrition education to life by supporting school gardens and classroom cooking programs in 137 schools, totaling $1,212,129.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 92% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 88
  • Accountability: 100
  • Sustainability: 20
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.5%; rating input score 100
  • Fundraising efficiency: $1,365.26 raised per $1 spent on fundraising; rating input score 97; 97th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 92%; rating input score 92; 22nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 7 of 7 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • 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: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -10.8%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 0.39; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 0.97; rating input score 7; 7th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 96; 96th percentile among comparable filings

Growth

  • Program expense growth: 22.8% per year; rating input score 100; 92nd percentile among comparable filings
  • Revenue growth: 17.6% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 16.6% per year; rating input score 100; 84th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.5% of spending went to programs
  • Governance: 4 of 4 board members independent · 7 of 7 filing controls reported
  • Programs: 7 filed program accomplishments · $15.5M in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 24 of 25 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 363 filed money-flow records
  • Related organizations: 345 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 — Sustainability: Operating margin scored 9/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 7/100.