Charlotte, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Feeding Charlotte Inc, founded in 2019, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $307K in total revenue in fiscal year 2023. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $278K left a modest 9% surplus.
Feeding Charlotte rescues surplus, freshly prepared meals to reduce food waste and feed the hungry. We believe no food should be wasted while people go hungry in our community. To make this possible, we pickup unused, excess freshly prepared foods from institutions, dining halls, and caterers (that would otherwise be thrown in the trash) and redirect to nonprofits that feed the hungry.
Food Rescue Program: With 40% of all food produced in the US ending up in a landfill and 17 million food insecure individuals, both the opportunity and the need are great. Feeding Charlotte combats...
Food Rescue Program: With 40% of all food produced in the US ending up in a landfill and 17 million food insecure individuals, both the opportunity and the need are great. Feeding Charlotte combats this issue with our Food Rescue Program, which partners with professional kitchens to rescue their surplus, prepared meals. We have a dedicated team of volunteers who pick that food up and deliver it to established community feeding programs, where the meals get distributed to those who need it most. These recipient feeding programs have established roots in the communities they're serving and generally work under these models: Soup kitchens and general feeding programs, afterschool programs and summer camp programs for children in underserved communities, transitional housing facilities for people experiencing homeless or coming out of incarceration, underfunded senior living facilities, medical rehabilitation centers for people experiencing homelessness, and refugee housing communities and programs. The logistics for the program are tracked and managed through innovative software that connects food donors to recipient feeding programs, volunteers to food runs and shares information to all three pieces of the process through an intuitive app. This system also tracks KPIs and data from all food runs and accumulates impact reports throughout the year.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $307,435 | $234,650 | +0.3% |
| Expenses | $278,285 | $194,960 | +0.4% |
| Net Income | $29,150 | $39,690 | -0.3% |
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 |
|---|---|---|---|---|---|---|
| Rich Armenia | Executive Dir. | 40.00 |
Officer
|
$40,833 | $0 | $40,833 |
| Kim Aprill | President / ED | 40.00 |
Director
|
$35,000 | $0 | $35,000 |
| Rajan Merchant | Chair | 1.00 |
Director
|
$0 | $0 | $0 |
| Taylor Houston | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Paul Reinfeld | Secretary | 1.00 |
Director
|
$0 | $0 | $0 |
| Shelley Miller | Treasurer | 0.50 |
Director
|
$0 | $0 | $0 |
| Neil Bloomfield | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Betty Alexander | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Amy Dong | Director | 3.00 |
Director
|
$0 | $0 | $0 |
| Linda Ravkic | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $307,435 | $278,285 | $146,721 | $29,150 |
| 2022 | $234,650 | $194,960 | $117,521 | $39,690 |
Compare Feeding Charlotte Inc with other nonprofits in North Carolina and across the country.