THE GIVING KITCHEN INITIATIVE INC

EIN: 462176788 501(c)(3) Philanthropy & Grantmaking

Atlanta, GA

Total Revenue
$7,755,699
Total Expenses
$7,237,491
Total Assets
$3,249,515
Net Assets
$2,894,211
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
GA
Principal Officer
Allison Padilla-Goodman
Phone
4042541227
Tax Period
2024-01-01 to 2024-12-31

THE GIVING KITCHEN INITIATIVE INC, founded in 2013, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $7.8M in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $7.2M left a modest 7% surplus.

Mission

The organization provides emergency assistance grants to cover basic living expenses, care-related travel expenses, and funeral expenses for those who meet the defined criteria.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,570,873
Program Service Revenue $0
Investment Income $184,826
Other Revenue $0
TOTAL REVENUE $7,755,699

Expense Breakdown

Grants Paid $3,140,251
Salaries & Benefits $3,150,381
Fundraising Expenses $1,189,900
Program Expenses $5,517,623
Other Expenses $946,859
TOTAL EXPENSES $7,237,491

Year-over-Year Comparison

2024 2023 Change
Revenue $7,755,699 $5,466,548 +0.4%
Expenses $7,237,491 $7,587,695 0.0%
Net Income $518,208 $-2,121,147 -1.2%
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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Governance

Voting Members
15
Independent Members
15
Employees
38
Volunteers
100

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
6
$171,763
Total Directors
17
$171,763
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Allison Padilla-Goodman CEO, start 08/2024 50
Officer Director
$101,503 $25 $101,528
Bryan Schroeder Executive Director end 03/2024 50
Officer Director
$66,030 $4,205 $70,235
Nancy Oswald Board Chair 3
Officer Director
$0 $0 $0
Adam Noyes Board Vice Chair 3
Officer Director
$0 $0 $0
Kelvin Slater Board Secretary 3
Officer Director
$0 $0 $0
Maggie Morris Treasurer 3
Officer Director
$0 $0 $0
Sean Hyslop Board Member 1
Director
$0 $0 $0
Edwin Merrick Board Member 1
Director
$0 $0 $0
Bill Ray Board Member 1
Director
$0 $0 $0
Ryan Turner Board Member 1
Director
$0 $0 $0
Dan Gertsacov Board Member 1
Director
$0 $0 $0
Brian Boutte Board Member 1
Director
$0 $0 $0
Emma Horn Board Member 1
Director
$0 $0 $0
Jamie Hyder Board Member 1
Director
$0 $0 $0
Chris Lybeer Board Member 1
Director
$0 $0 $0
Cannon Whitby Board Member 1
Director
$0 $0 $0
Andrew Zimmern Board Member 1
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 $7,755,699 $7,237,491 $3,249,515 $518,208
2023 $5,466,548 $7,587,695 $2,859,988 $-2,121,147
2022 $4,003,651 $4,626,591 $4,757,311 $-622,940
2021 $3,829,430 $3,423,561 $5,202,127 $405,869
2020 $5,763,791 $2,531,955 $4,797,761 $3,231,836
2019 $2,129,772 $1,894,514 $1,532,922 $235,258
2018 $1,831,522 $1,445,598 $1,196,243 $385,924
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