Vetri Foundation for Children
Nonprofit profile at a glance
- EIN
- 263552858
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2156002630
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $2,661,031
- Expenses
- $2,492,303
- Assets
- $3,452,551
- Liabilities
- $831,158
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- MARC VETRI (PRESIDENT AND CO-CHAIR)
- JEFFREY BENJAMIN (VICE PRESIDENT AND TREASURER)
- MADALYN BOOTH (CEO)
Highest reported compensation
- MADALYN BOOTH (CEO): $145,860 total reported compensation
- CHRISTIN KWASNY (DEVELOPMENT DIRECTOR): $109,146 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Vetri community partnership's (vcp) mission is to nourish minds, bodies, and communities with nutrition education through cooking.
What it reported doing in 2024
Vetri community partnership nourishes minds, bodies, and communities with nutrition education through cooking. Our core services offer hands-on cooking and tasting opportunities of recipes that are nutritious, vegetable-focused, affordable, and, most importantly, delicious. We inspire people of all ages to develop the knowledge and confidence to make nutritious choices and build life skills for a healthier future. Continued on schedule ovcp's nutrition education services take place in school and community settings, as well as our own teaching kitchen, to build culinary confidence and encourage cooking at home. We are committed to providing approachable and accessible programs for people of all ages that foster a sense of belonging for members of our community. During fy25, vcp hosted 1,545 workshops leading to over 30,000 experiences for participants to cook or taste a nutrient-dense and delicious recipe. Our five core services are supplemental nutrition education program-education (snap-ed), vetri cooking lab, mobile teaching kitchen, culinary medicine, and teaching kitchen. As a contracted local partner of Pennsylvania snap-ed, we aim to improve the likelihood that families eligible for snap benefits can make healthy food choices within a limited budget. Vetri community partnership's snap-ed team works with schools on evidence-based systems and environmental changes that help families make healthy choices with programming that takes place during the school day for students with additional family and caregiver activities taking place during out of school hours. During fy25, vetri community partnership snap-ed educators hosted 779 cooking classes with 15,236 experiences for school-aged and adult participants. Vetri cooking lab is an out-of-school time cooking program that inspires students to develop the knowledge and confidence to make nutritious choices and build life skills for a healthier future. This weekly, curriculum-based program engages students in hands-on cooking paired with important nutrition lessons like eating a rainbow, reading nutrition labels, and incorporating "any vegetable, any way." participants work together to build recipes, taste their creations, and share their opinions on what they like, what they'd change, and ways they would make it for their families. Vetri cooking lab empowers young people to become mindful and educated food consumers by increasing exposure to nutritious foods, practical cooking skills, and nutritional knowledge. During fy25, vetri cooking lab educators led 433 workshops that created 4,698 opportunities for student engagement after school and in the summer. Mobile teaching kitchen is a community nutrition program that brings nutritious and delicious recipe samplings and cooking demonstrations to food distribution sites, food pantries, and farmers markets in the philadelphia region. The program offers educational resources, recipes, and the opportunity for participants to taste recipes made with what is available for purchase or selection that day. Our goal is for residents in every community to feel confident that cooking at home will lead to a nourishing and delicious dish. During fy25, mobile teaching kitchen educators hosted 160 demonstrations and tastings leading to 6,904 opportunities for participant engagement. Culinary medicine is an integration of food, medicine, and wellness that supports community health through culinary education. With culinary medicine, patients, practitioners, and medical students develop practical cooking skills while preparing recipes tailored to support specific health populations. Medical education classes empower current and future physicians to apply the principles of food as medicine into their practice while practicing empathy and respect for social determinants of health. Community-based culinary medicine classes engage patients and members of the public to develop and enhance their own cooking skills, utilizing recipes to support their pers
Operating model
- Revenue model
- Donor-supported. 61% 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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.8%; rating input score 72
- Program expense ratio: 72.6%; rating input score 73
- Fundraising efficiency: $6.53 raised per $1 spent on fundraising; rating input score 24; 24th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: 6.3%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 1.39; rating input score 49; 49th percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 40; 40th percentile among comparable filings
- Officer compensation ratio: 10.2%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 5.4% per year; rating input score 100; 42nd percentile among comparable filings
- Revenue growth: 7.2% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: 15.5% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 71.8% of revenue deployed · 72.6% of spending went to programs
- Governance: 13 of 13 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $1.8M in reported program spending
- Leadership: top reported pay $146K · 15 people listed
- Consistency: 34 of 34 current checks pass
- Schedules: 7 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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: Fundraising efficiency scored 24/100.
- Review — Sustainability: Operating margin scored 54/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
- High — Sustainability: Officer compensation ratio scored 29/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 40/100.