THE POPEYES FOUNDATION INC

EIN: 814524745 501(c)(3) Education

MIAMI, FL

Total Revenue
$2,699,760
Total Expenses
$1,232,348
Total Assets
$4,350,500
Net Assets
$4,016,169
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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
GA
Principal Officer
AISHA FLETCHER
Phone
3053783241
Tax Period
2024-01-01 to 2024-12-31

THE POPEYES FOUNDATION INC, founded in 2016, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2024. Revenue surged 78% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 54% operating margin.

Mission

THE POPEYES FOUNDATION HAS BEEN CREATED TO SUPPORT TWO CAUSES - FOR OUR FAMILY WE DEVELOPED THE POPEYES FOUNDATION FAMILY FUND TO ASSIST WITH IMMEDIATE NEEDS OF EMPLOYEES AND/OR THEIR IMMEDIATE FAMILY MEMBERS WHO MAY BE VICTIMS OF DISASTER OR OTHER EMERGENCY HARDSHIP POPEYES FOUNDATION FAMILY FUND TO ASSIST WITH IMMEDIATE NEEDS OF EMPLOYEES AND/OR THEIR IMMEDIATE FAMILY MEMBERS WHO MAY BE VICTIMS OF DISASTER OR OTHER EMERGENCY HARDSHIP SITUATIONS. FOR OUR COMMUNITY, WE WILL FOCUS ON HUNGER RELIEF EFFORTS PRIMARILY THROUGH OUR PARTNERSHIP WITH NO KID HUNGRY.

Program Service Accomplishments

Program 1
Expenses: $987,904

2024 MARKED A RECORD-BREAKING YEAR, AND THAT SUCCESS IS ATTRIBUTED TO SUPPORTERS' CONTRIBUTIONS THAT BRING OUR MISSION OF STRENGTHENING COMMUNITIES WITH FOOD AND SUPPORT IN TIMES OF NEED, TO LIFE. IN...

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2024 MARKED A RECORD-BREAKING YEAR, AND THAT SUCCESS IS ATTRIBUTED TO SUPPORTERS' CONTRIBUTIONS THAT BRING OUR MISSION OF STRENGTHENING COMMUNITIES WITH FOOD AND SUPPORT IN TIMES OF NEED, TO LIFE. IN 2023, WE UNVEILED SERVING WITH LOVE, OUR SIGNATURE INITIATIVE WITH TWO PILLARS TO SERVE THE POPEYES FAMILY AND COMMUNITIES: TEAM MEMBER LOVE AND FOOD LOVE. THROUGH THE TEAM MEMBER LOVE PROGRAM, EMERGENCY RELIEF IS PROVIDED TO TEAM MEMBERS WHO EXPERIENCE EMERGENCY HARDSHIPS. THROUGH THE FOOD LOVE GRANTS PROGRAM, FUNDS RAISED ARE GRANTED TO LOCAL AND NATIONAL NONPROFITS THAT PROVIDE FOOD TO THOSE IN NEED. HERE'S A LOOK BACK AT OUR 2024 ACCOMPLISHMENTS: - MARKED OUR 6TH YEAR AND GREW TO A 2.7 MILLION FOUNDATION (115% YEAR OVER YEAR INCREASE). - 78.2 MILLION FOUNDATION PR IMPRESSIONS DURING OUR FIRST SERVING WITH LOVE DAY, ALONG WITH COVERAGE IN 124 PUBLICATIONS. - DIRECTED 201,980 TO 97 TEAM MEMBERS THROUGH OUR RENEWED ONLINE TEAM MEMBER LOVE PROGRAM. - DISPERSED 475,000 TO 75 NONPROFITS THROUGHOUT 59 DMAS THROUGH OUR FOOD LOVE GRANTS PROGRAM, A DMA-BASED PROGRAM THAT DIRECTS 50% OF FUNDS RAISED IN-RESTAURANTS AND GIVES FRANCHISEES A SAY IN WHAT LOCAL NONPROFITS ARE SUPPORTED.? MORE THAN 1.4 MILLION MEALS WERE SUPPORTED THROUGH THESE GRANTS. - UNITED 480 VOLUNTEERS FOR FOOD LOVE VOLUNTEER EVENTS ACROSS 18 DMAS. WITH 1,935 TOTAL VOLUNTEER HOURS, WE PACKED 60,675 MEALS FOR LOCAL YOUTH AND FAMILIES IN NEED. - PARTNERED WITH THE BRAND TO IMPROVE AWARENESS OF HOW POPEYES RESTAURANTS FUNDRAISES AND GIVES BACK - FROM FEATURING OUR IN-RESTAURANT FUNDRAISERS TO OUR FIRST LOCAL FRANCHISEE FEATURE ON SOCIAL CHANNELS.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,647,051
Program Service Revenue $0
Investment Income $52,709
Other Revenue $0
TOTAL REVENUE $2,699,760

Expense Breakdown

Grants Paid $685,974
Salaries & Benefits $426,364
Fundraising Expenses $145,439
Program Expenses $987,904
Other Expenses $120,010
TOTAL EXPENSES $1,232,348

Year-over-Year Comparison

2024 2023 Change
Revenue $2,699,760 $1,513,576 +0.8%
Expenses $1,232,348 $909,712 +0.4%
Net Income $1,467,412 $603,864 +1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
480

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
4
$288,016
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RENEE HOBBS EXECUTIVE DI 50.00
Officer
$0 $15,958 $288,016
ASHLEY ASBRA HEAD OF PROG 50.00
Highest
$0 $21,923 $134,518
AMY ALARCON DIRECTOR 2.00
Director
$0 $0 $0
JOURDAN DALEO DIRECTOR 1.00
Director
$0 $0 $0
STEVE DANON DIRECTOR 1.00
Director
$0 $0 $0
AISHA FLETCHER PRESIDENT 2.00
Officer Director
$0 $0 $0
DANNY GILILLAND DIRECTOR 1.00
Director
$0 $0 $0
JEFF KLEIN DIRECTOR 1.00
Director
$0 $0 $0
STEPHEN LICHTNER FINANCE COMM 2.00
Officer Director
$0 $0 $0
DON RIZZIE DIRECTOR 2.00
Director
$0 $0 $0
NADER SALEH DIRECTOR 1.00
Director
$0 $0 $0
ROBIN SCHAFER SECRETARY 2.00
Officer Director
$0 $0 $0
SAMI SIDDIQUI DIRECTOR 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 $2,699,760 $1,232,348 $4,350,500 $1,467,412
2023 $1,513,576 $909,712 $2,666,520 $603,864
2022 $1,489,522 $1,053,679 $2,218,231 $435,843
2021 $1,544,450 $1,381,693 $1,897,603 $162,757
2020 $1,259,495 $1,023,352 $1,455,442 $236,143
2019 $468,351 $471,868 $1,178,597 $-3,517
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