NATIONAL FOOD AND BEVERAGE FOUNDATION (EIN 331081281) - 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

2004

Legal Domicile

Principal Officer

Constance Jackson

Phone

5045690405

Tax Period

2024-01-01 to 2024-12-31

NATIONAL FOOD AND BEVERAGE FOUNDATION, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $424K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $536K exceeded revenue, resulting in a 26% operating deficit.

Mission

THE NATIONAL FOOD & BEVERAGE FOUNDATION IS A NONPROFIT EDUCATIONAL AND CULTURAL ORGANIZATION BASED IN NEW ORLEANS DEDICATED TO THE DISCOVERY, UNDERSTANDING AND CELEBRATION OF FOOD, DRINK AND ITS RELATED CULTURE AND FOLKLIFE IN AMERICA AND THE WORLD. ITS PRIMARY ACTIVITY IS TO PROVIDE EXHIBITS AND PROGRAMMING TO THE GENERAL PUBLIC WHICH ILLUMINATE THE HISTORY AND UNDERSTANDING OF FOOD AND DRINK CULTURE.

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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 $90,553

Program Service Revenue $235,699

Investment Income $2

Other Revenue $98,246

TOTAL REVENUE $424,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $101,483

Fundraising Expenses $12,563

Program Expenses $374,544

Other Expenses $434,183

TOTAL EXPENSES $535,666

Year-over-Year Comparison

	2024	2023	Change
Revenue	$424,500	$491,451	-0.1%
Expenses	$535,666	$759,934	-0.3%
Net Income	$-111,166	$-268,483	-0.6%

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

$22,600

Total Directors

$22,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Constance Jackson	President/CEO	10.00	Officer Director	$22,600	$0	$22,600
Butler Burdine	Chairman	2.00	Officer Director	$0	$0	$0
Vince Hayward	1st Vice Chairman	2.00	Officer Director	$0	$0	$0
Sheila Crye	Secretary	2.00	Officer Director	$0	$0	$0
Chuck Purvis	At-Large	2.00	Officer Director	$0	$0	$0
Edward Johnston	Director	2.00	Director	$0	$0	$0
Andy Anderson	Director	2.00	Director	$0	$0	$0
John Anjier	Director	2.00	Director	$0	$0	$0
Dale Degroff	Director	2.00	Director	$0	$0	$0
Psyche Williams-Forson	Director	2.00	Director	$0	$0	$0
Alanna Harris	Director	2.00	Director	$0	$0	$0
Eve Marie Haydel	Director	2.00	Director	$0	$0	$0
Kenneth Johnson Jr	Director	2.00	Director	$0	$0	$0
Edward Johnston	Director	2.00	Director	$0	$0	$0
Julia Johnston	Director	2.00	Director	$0	$0	$0
Bonnie Tandy Leblang	Director	2.00	Director	$0	$0	$0
Dominick Lee	Director	2.00	Director	$0	$0	$0
Maria Machita	Director	2.00	Director	$0	$0	$0
Rosemary Mclhenny	Director	2.00	Director	$0	$0	$0
Cedd Moses	Director	2.00	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	$424,500	$535,666	$3,187,936	$-111,166
2023	No data	No data	No data	No data
2022	$604,376	$894,509	$3,370,257	$-290,133
2021	$423,541	$668,437	$3,385,426	$-244,896
2020	$598,538	$706,182	$3,616,684	$-107,644
2019	$849,038	$719,509	$3,723,706	$129,529
2018	$3,461,773	$542,241	$3,765,936	$2,919,532
2018	$488,738	$542,241	$3,944,153	$-53,503

NATIONAL FOOD AND BEVERAGE FOUNDATION