APPETITE FOR CHANGE INC

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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

2011

Legal Domicile

Principal Officer

LATASHA POWELL

Phone

6125887611

Tax Period

2024-01-01 to 2024-12-31

APPETITE FOR CHANGE INC, founded in 2011, is a community nonprofit in the Human Services sector that reported $4.1M in total revenue in fiscal year 2024. Revenue surged 80% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 47% operating margin.

Mission

COMMUNITY-LED FOOD JUSTICE ORGANIZATION USING FOOD AS A TOOL FOR BUILDING HEALTH, WEALTH, AND SOCIAL CHANGE.

Program Service Accomplishments

Program 1

Expenses: $940,649 Revenue: $571,186

FOOD-RELATED PROGRAMS: COMMUNITY COOKS WORKSHOPS, URBAN AGRICULTURE, FOOD EDUCATION, POLICY AND ADVOCACY, STATION 81 CAFE, COMMUNITY MEAL SERVICES, ETC. THESE PROGRAMS HELP OUR COMMUNITY LEARN ABOUT NUTRITION, EXPLORE NEW INGREDIENTS AND RECIPES, ENJOY THOUSANDS OF POUNDS OF DONATED PRODUCE, CREATE SOCIAL AND ECONOMIC GROWTH, AND BUILD CAPACITY TO MAKE CHANGE ON THE BASIS OF A COMMITMENT TO FOOD JUSTICE.

Program 2

Expenses: $452,756

YOUTH TRAINING AND OPPORTUNITY PROGRAM: INCORPORATES SEVERAL TRAINING PROGRAMS THAT PROVIDE EMPLOYMENT OPPORTUNITIES, DEVELOP LEADERSHIP SKILLS, AND OFFER RESOURCES INCLUDING HANDS-ON TRAINING IN...

YOUTH TRAINING AND OPPORTUNITY PROGRAM: INCORPORATES SEVERAL TRAINING PROGRAMS THAT PROVIDE EMPLOYMENT OPPORTUNITIES, DEVELOP LEADERSHIP SKILLS, AND OFFER RESOURCES INCLUDING HANDS-ON TRAINING IN URBAN FARMING, CULINARY ARTS, COMMUNITY ORGANIZING, AND JOB READINESS PREPARATION TO HELP YOUTH BECOME AGENTS OF CHANGE IN THE NORTH MINNEAPOLIS COMMUNITY.

Program 3

Expenses: $45,901

COMMUNITY COOKS MEAL BOXES: WEEKLY MEAL BOXES PACKED BY YOUTH INTERNS AND VOLUNTEERS AND DELIVERED TO RESIDENTS OF THE NORTH MINNEAPOLIS COMMUNITY, FOCUSED AROUND LOCALLY-SOURCED INGREDIENTS...

COMMUNITY COOKS MEAL BOXES: WEEKLY MEAL BOXES PACKED BY YOUTH INTERNS AND VOLUNTEERS AND DELIVERED TO RESIDENTS OF THE NORTH MINNEAPOLIS COMMUNITY, FOCUSED AROUND LOCALLY-SOURCED INGREDIENTS, ORIGINAL RECIPES, AND EDUCATIONAL INFORMATION TO HIGHLIGHT FRESH PRODUCE, PROTEINS, AND PANTRY STAPLES WHILE GUIDING FAMILIES THROUGH FOOD SKILLS DEVELOPMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,457,991

Program Service Revenue $78,915

Investment Income $38,564

Other Revenue $502,841

TOTAL REVENUE $4,078,311

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,153,180

Fundraising Expenses $197,885

Program Expenses $1,439,306

Other Expenses $994,711

TOTAL EXPENSES $2,147,891

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,078,311	$2,268,826	+0.8%
Expenses	$2,147,891	$4,277,474	-0.5%
Net Income	$1,930,420	$-2,008,648	-2.0%

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

1676

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

$139,373

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LATASHA POWELL	EXECUTIVE DIRECTOR	40.00	Officer	$124,924	$14,449	$139,373
DARLYNN BENJAMIN	CO-CHAIR	1.00	Officer Director	$0	$0	$0
LEE FRIEDMAN	CO-CHAIR	1.00	Officer Director	$0	$0	$0
GWEN MCFADDEN	TREASURER / CHAIR OF FINANCE	1.00	Officer Director	$0	$0	$0
MIKE PERCIC	SECRETARY / CHAIR OF ADVAN	1.00	Officer Director	$0	$0	$0
TIFFANI DANIELS	CHAIR OF GOVERNANCE COMMIT	1.00	Officer Director	$0	$0	$0
ARIEL TAUER	BOARD MEMBER	1.00	Director	$0	$0	$0
DOMINIQUE HARRIS	BOARD MEMBER	1.00	Director	$0	$0	$0
HENRIET HENDRIKS	BOARD MEMBER	1.00	Director	$0	$0	$0
ROBERT SKORO	BOARD MEMBER	1.00	Director	$0	$0	$0

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	$4,078,311	$2,147,891	$4,043,970	$1,930,420
2023	$2,268,826	$4,277,474	$2,164,917	$-2,008,648
2022	$4,934,689	$3,969,911	$4,323,793	$964,778
2021	$3,756,013	$3,761,210	$3,217,163	$-5,197
2020	$4,828,209	$3,895,618	$3,511,117	$932,591
2019	$4,117,026	$3,194,001	$2,231,457	$923,025
2018	$2,535,888	$3,060,059	$1,077,780	$-524,171