REPUBLIC FOOD ENTERPRISE CENTER INC

EIN: 461044676 501(c)(3)

UNIONTOWN, PA

Total Revenue
$1,553,494
Total Expenses
$236,445
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
PA
Principal Officer
KIM HAWK
Phone
7244376050
Tax Period
2023-07-01 to 2024-06-30

REPUBLIC FOOD ENTERPRISE CENTER INC, founded in 2011, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 101% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 85% operating margin.

Mission

THE REPUBLIC FOOD ENTERPRISE CENTER IS A NON-PROFIT CENTER DEVELOPED TO INCREASE ACCESS TO FRESH, LOCALLY SOURCED PRODUCE AND CREATE ECONOMIC PROSPERITY FOR FARMERS AND ITS LOW-INCOME EMPLOYEES. THROUGH PARTNERSHIPS WITH REGIONAL FOOD BANKS, FARMERS' MARKETS, A COMMUNITY SUPPORTED AGRICULTURE PROGRAM, A FARM-TO-SCHOOL PROGRAM, CONTRACTS WITH GROWERS, A SHARED-USE KITCHEN, AND MORE, THE RFEC IS WORKING TO INCREASE THE HEALTH OF THE REGION. THE GOALS OF THE RFEC ARE TO INCREASE REGIONAL CONSUMPTION OF, AND ACCESS TO, LOCALLY PRODUCED AGRICULTURAL PRODUCTS AND DEVELOP NEW MARKET OPPORTUNITIES FOR FARM OPERATIONS SERVING LOCAL MARKETS. THE RFEC WORKS TO ELIMINATE FOOD DESERTS THROUGHOUT THE REGION; INTRODUCE HEALTHY, LOCAL, AND FRESH FOOD OPTIONS; AND SERVE A COMPREHENSIVE RESPONSE TO THE LOCAL FOOD, FARM, AND NUTRITION ISSUES FACED BY OUR RESISDENTS.

Program Service Accomplishments

Program 1
Expenses: $236,445 Revenue: $1,541,785

REPUBLIC FOOD ENTERPRISE CENTER (RFEC) SERVES AS A COMPREHENSIVE CENTER THAT RESPONDS TO THE APPALACHIAN REGION BY STIMULATING AGRICULTURAL PRODUCTION, PRODUCING VALUE ADDED PRODUCTS, AND...

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REPUBLIC FOOD ENTERPRISE CENTER (RFEC) SERVES AS A COMPREHENSIVE CENTER THAT RESPONDS TO THE APPALACHIAN REGION BY STIMULATING AGRICULTURAL PRODUCTION, PRODUCING VALUE ADDED PRODUCTS, AND DISTRIBUTING LOCAL PRODUCE. RFEC ALSO PROVIDES EXTENSIVE SUPPORT TO LOCAL ENTREPRENEURS AND SUPPORTS THE ECONOMY BY CREATING JOBS AND MARKETS FOR AGRICULTURE PRODUCTION AND SUSTAINABILITY. THE RFEC FACILITY PROVIDES THE USE OF A COMMERCIAL KITCHEN FOR ENTREPRENEURS AS WELL AS LEASED STORAGE AND FREEZER SPACE.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $11,709
Program Service Revenue $15,381
Investment Income $17
Other Revenue $1,526,387
TOTAL REVENUE $1,553,494

Expense Breakdown

Grants Paid $0
Salaries & Benefits $49,565
Fundraising Expenses $0
Program Expenses $236,445
Other Expenses $186,880
TOTAL EXPENSES $236,445

Year-over-Year Comparison

2023 2022 Change
Revenue $1,553,494 $773,201 +1.0%
Expenses $236,445 $482,368 -0.5%
Net Income $1,317,049 $290,833 +3.5%
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

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Governance

Voting Members
5
Independent Members
5
Employees
6
Volunteers
N/A

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
5
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIM HAWK PRESIDENT 1.00
Officer Director
$0 $0 $0
JOYCE WILLIAMS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
RITA MASI TREASURER 1.00
Officer Director
$0 $0 $0
BOB BAKOS SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN WILSON MEMBER 1.00
Officer 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 $1,553,494 $236,445 No data $1,317,049
2023 $773,201 $482,368 $283,474 $290,833
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