MILLION DOLLAR VEGAN INC

EIN: 872839022 501(c)(3) Human Services

SANTA BARBARA, CA

Total Revenue
$1,784,563
Total Expenses
$1,858,932
Total Assets
$184,192
Net Assets
$155,774
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
CA
Principal Officer
NAOMI HALLUM
Phone
7578372276
Tax Period
2023-01-01 to 2023-12-31

MILLION DOLLAR VEGAN INC, founded in 2021, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION WAS FORMED TO PROVIDE FREE EDUCATION AND SUPPORT TO THOSE INTERESTED IN ADOPTING A PLANT-BASED DIET FOR HEALTH,ENVIRONMENTAL, OR ETHICAL REASONS, AND TO TRY TO COMBAT THE FOOD INJUSTICE AND UNNECESSARY ANIMAL SUFFERING PREVALENT AROUND THE WORLD. EDUCATION IS PROVIDED IN THE FORM OF DIGITAL AND EXPERIENTIAL MARKETING, THROUGH A VARIETY OF WRITTEN, VISUAL, AND PRINTED CONTENT, ALL OF WHICH IS DEVELOPED IN-HOUSE AND IN MULTIPLE LANGUAGES. SUPPORT IS PROVIDED IN THE FORM OF FREE ONLINE RESOURCES, BY PROVIDING FREE ACCESS TO DIET AND NUTRITION SPECIALISTS, AND BY DONATING FREE PLANT-BASED MEALS AND GROCERIES TO UNDERSERVED COMMUNITIES WORLDWIDE. SINCE LAUNCHING IN 2019, WE HAVE PROVIDED FREE ONLINE DIETARY SUPPORT TO OVER 170,000 INDIVIDUALS, PRODUCED OVER 300 EDUCATIONAL VIDEOS, BUILT AN ONLINE COMMUNITY OF AROUND 360,000 PEOPLE, EXECUTED HIGH-PROFILE CAMPAIGNS IN MORE THAN 10 COUNTRIES, AND DELIVERED OVER ONE MILLION

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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 $1,784,563
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,784,563

Expense Breakdown

Grants Paid $287,019
Salaries & Benefits $196,771
Fundraising Expenses $0
Program Expenses $1,539,513
Other Expenses $1,375,142
TOTAL EXPENSES $1,858,932

Year-over-Year Comparison

2023 2022 Change
Revenue $1,784,563 N/A N/A
Expenses $1,858,932 N/A N/A
Net Income $-74,369 N/A N/A
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

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Governance

Voting Members
5
Independent Members
5
Employees
2
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
3
$0
Total Directors
6
$91,262
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NAOMI HALLUM CEO 1.00
Director
$91,262 $0 $91,262
MATTHEW GLOVER PRESIDENT 0.00
Officer Director
$0 $0 $0
SHALEEN SHAH TREASURER 0.00
Officer Director
$0 $0 $0
PAMELA HART SECRETARY 0.00
Officer Director
$0 $0 $0
RENAN LARUE DIRECTOR 0.00
Director
$0 $0 $0
AARON GROSS DIRECTOR 0.00
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 No data No data No data No data
2023 $1,784,563 $1,858,932 $184,192 $-74,369
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