FOOD CO-OP INITIATIVE (EIN 272252564) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2010

Legal Domicile

Principal Officer

FAYE MACK

Phone

8443242667

Tax Period

2023-01-01 to 2023-12-31

FOOD CO-OP INITIATIVE, founded in 2010, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $567K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE ENCOURAGEMENT & SUPPORT IN THE DEVELOPMENT OF FOOD COOPERATIVES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $564,462

Program Service Revenue $169

Investment Income $706

Other Revenue $1,776

TOTAL REVENUE $567,113

Expense Breakdown

Grants Paid $9,522

Salaries & Benefits $375,755

Fundraising Expenses $42,127

Program Expenses $407,580

Other Expenses $185,796

TOTAL EXPENSES $571,073

Year-over-Year Comparison

	2023	2022	Change
Revenue	$567,113	$492,562	+0.2%
Expenses	$571,073	$534,822	+0.1%
Net Income	$-3,960	$-42,260	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$121,565

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD DINES	CHAIR	1.00	Officer Director	$0	$0	$0
DARNELL ADAMS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
GERARDO ESPINOZA	TREASURER	1.00	Officer Director	$0	$0	$0
JAMILA MEDLEY	SECRETARY	1.00	Officer Director	$0	$0	$0
OLIVIA REBANAL	DIRECTOR	1.00	Director	$0	$0	$0
JEANIE WELLS	DIRECTOR	1.00	Director	$0	$0	$0
RL CONDRA	DIRECTOR	1.00	Director	$0	$0	$0
STEVE COOKE	DIRECTOR	1.00	Director	$0	$0	$0
AMAHA SELLASSIE	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD LAROCHELLE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN GUERRA	DIRECTOR	1.00	Director	$0	$0	$0
FAYE MACK	EXECUTIVE DIRECTOR	40.00	Officer	$117,875	$3,690	$121,565
JACQUELINE HANNAH	DIRECTOR OF PROGRAMMING	40.00	Highest	$107,768	$3,367	$111,135

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$567,113	$571,073	$317,309	$-3,960
2022	$492,562	$534,822	$300,111	$-42,260
2021	$392,218	$472,710	$344,402	$-80,492
2020	$420,129	$462,433	$431,360	$-42,304
2019	$555,973	$459,804	$510,749	$96,169
2018	$449,550	$383,247	$447,655	$66,303

FOOD CO-OP INITIATIVE