Feed Louisville Inc

EIN: 874508530 501(c)(3) Food, Agriculture & Nutrition

Louisville, KY

Total Revenue
$2,776,724
Total Expenses
$2,931,158
Total Assets
$442,920
Net Assets
$442,920
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2022
Legal Domicile
KY
Principal Officer
Rhona B Kamar
Phone
5028762287
Tax Period
2024-01-01 to 2024-12-31

Feed Louisville Inc, founded in 2022, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.8M in total revenue in fiscal year 2024. Revenue fell 50% from the prior year — a significant decline worth monitoring.

Mission

Feed Louisville meets the daily basic human needs of our unhoused community while working to remove the barriers to permanent housing.

Program Service Accomplishments

Program 1
Expenses: $1,907,451 Revenue: $2,776,724

Serving the houseless community with food & supplies.

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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 $2,553,505
Program Service Revenue $0
Investment Income $25
Other Revenue $223,194
TOTAL REVENUE $2,776,724

Expense Breakdown

Grants Paid $2,069
Salaries & Benefits $819,824
Fundraising Expenses $58,167
Program Expenses $1,907,451
Other Expenses $2,094,298
TOTAL EXPENSES $2,931,158

Year-over-Year Comparison

2024 2023 Change
Revenue $2,776,724 $5,518,088 -0.5%
Expenses $2,931,158 $5,179,942 -0.4%
Net Income $-154,434 $338,146 -1.5%
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
11
Independent Members
11
Employees
46
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
1
$89,251
Total Directors
13
$89,251
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Rhona B Kamar Director 40.00
Officer Director
$89,251 $0 $89,251
Marie Bingle Vice Chair 1.00
Director
$0 $0 $0
Scott Brian Treasurer 1.00
Director
$0 $0 $0
Maz Masri Chair 2.50
Director
$0 $0 $0
Tracy Morrison Secretary 1.00
Director
$0 $0 $0
Shameka L Parrish- Wright Board Member 1.00
Director
$0 $0 $0
Shreeta Waldon Board Member 1.00
Director
$0 $0 $0
Patty Walker-FitzGerald Board Member 1.50
Director
$0 $0 $0
Faith Bushnaq Director 1.00
Director
$0 $0 $0
Jaime Jorrisch Director 1.25
Director
$0 $0 $0
Anne Shadle Director 1.00
Director
$0 $0 $0
Abra Sickles Director 1.00
Director
$0 $0 $0
Bill Wade 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 $2,776,724 $2,931,158 $442,920 $-154,434
2023 $5,518,088 $5,179,942 $619,571 $338,146
2022 $2,125,523 $1,775,963 $230,471 $349,560
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