NOBLESVILLE, IN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FOOD RESCUE INC, founded in 2008, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $86K in total revenue in fiscal year 2020. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $133K exceeded revenue, resulting in a 55% operating deficit.
FOOD RESCUE'S MISSION IS TO EMPOWER STUDENTS IN K-12 SCHOOLS TO LEAD FOOD RESCUE INITIATIVES WITHIN THE RICHARD RUSSEL NATIONAL SCHOOL LUNCH PROGRAM. . AFTER RESCUING OVER 7 MILLION DOLLARS OF RETAIL FOOD MAINLY IN RESTAURANTS IN 18 STATES FROM 2008 THROUGH 2010 USING THOUSANDS OF VOLUNTEERS, FOOD RESCUE DECIDED TO FOCUS ON 4 MAIN OBJECTIVES: . 1. BUILD A SUBSCRIBER BASE TO SPEAK TO THE ISSUE OF FOOD WASTE TO ENCOURAGE FOOD ESTABLISHMENTS TO ENGAGE IN FOOD RECOVERY PRACTICES, RATHER THAN WASTE SUCH A VALUABLE RESOURCE. . 2. EDUCATE CHILDREN IN SCHOOLS ABOUT LOCAL, NATIONAL, AND WORLD FOOD WASTE ISSUES BY PROVIDING FREE ONLINE EDUCATIONAL RESOURCES AND MENTORING TO DEVELOP A K-12 FOOD RESCUE PROGRAMS IN THEIR SCHOOLS. . 3. PROVIDE LOGISTICAL SUPPORT FOR FOOD PANTRIES AND FOOD ESTABLISHMENTS IN INDIANA. . 4. INSPIRE PEOPLE TO SUPPORT FOOD RECOVERY EFFORTS WHERE THEY EXIST IN THEIR COMMUNITIES, AND TO EDUCATE PEOPLE ABOUT THE PROCESS OF ESTABLISHING FOOD RECOVERY PROGRAMS WHERE THEY DO NO
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2020 | 2019 | Change | |
|---|---|---|---|
| Revenue | $85,824 | $184,613 | -0.5% |
| Expenses | $132,685 | $158,781 | -0.2% |
| Net Income | $-46,861 | $25,832 | -2.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOHN WILLIAMSON | PRESIDENT/EX | 40.00 |
Officer
Director
|
$68,000 | $0 | $68,000 |
| CAROLYN BROOKS | BOARD OF DIR | 1.00 |
Director
|
$0 | $0 | $0 |
| AMBER CASH-HOOVER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TRACI DOSSETT | BOARD OF DIR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK HUMPHREY | BOARD OF DIR | 1.00 |
Director
|
$0 | $0 | $0 |
| ED INGLE | BOARD OF DIR | 1.00 |
Director
|
$0 | $0 | $0 |
| BRYNDON PRESTON | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2020 | $85,824 | $132,685 | $115,915 | $-46,861 |
| 2019 | $184,613 | $158,781 | $165,397 | $25,832 |
| 2018 | $536,064 | $549,241 | $137,458 | $-13,177 |
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