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Foodcycle

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 471615623 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

Overview

What is Foodcycle?

Foodcycle is a nonprofit organization located in Los Angeles, California, specifically at 1949 North Wilton Place, ZIP code 90068. Their primary mission is to combat food insecurity within the community by collecting surplus food from various businesses and farmers markets. They then deliver this food to numerous non-profit organizations, such as The Center at Blessed Sacrament, My Friends Place, Good Shepherd Center for Women and Children, and the Greater West Hollywood Food Coalition. These recipient organizations utilize the donated food to serve those in need, thereby reducing food waste and providing nourishment to vulnerable communities. Foodcycle's dedicated team of 7 employees works tirelessly to ensure that surplus food finds a new life, positively impacting the lives of many.


Official website here: www.foodcyclela.org

Is Foodcycle legitimate?

Foodcycle is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foodcycle submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $261,542

For more financial information, click here


Official website here: www.foodcyclela.org

What is the mission statement of Foodcycle?

Foodcycle's mission is centered around alleviating food insecurity within communities. They accomplish this by proactively collecting surplus food from various businesses and farmers markets, and then distributing it to non-profit organizations. These organizations, in turn, provide nourishment to individuals and families who are food insecure. Examples of such beneficiary organizations include The Center at Blessed Sacrament, My Friends Place, Good Shepherd Center for Women and Children, and the Greater West Hollywood Food Coalition. By performing this vital service, Foodcycle contributes to fostering a more sustainable and equitable food system.


Official website here: www.foodcyclela.org

Who is the CEO of Foodcycle?

Nancy Beyda is the Executive Dir. of Foodcycle.


Official website here: www.foodcyclela.org

What is the revenue of Foodcycle?

Foodcycle's revenue in 2023 was $538,834.


Official website here: www.foodcyclela.org

Who are the executives of Foodcycle and what are their salaries?

The average compensation at Foodcycle during 2023 was $37,363. There are 7 employees at Foodcycle.

Here are 8 key members and their salaries:

    Nancy Beyda (Executive Dir.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alex Rose (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stuart Sender (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Annette Sikand (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gwendolyn Young (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Owyang (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peggy Dicaprio (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alexandra Reza (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.foodcyclela.org

    Where can I find the form 990 for Foodcycle?

    The Foodcycle’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.foodcyclela.org

    Learn more at the official website: www.foodcyclela.org

    Mission Statement of Foodcycle

    Foodcycle, an organization dedicated to addressing food insecurity, plays a significant role in the community. Its primary mission is to collect surplus food from various sources, including businesses and farmers markets, and deliver it to non-profit organizations that cater to food-insecure communities. By doing so, Foodcycle helps bridge the gap between food waste and those in need.

    The organizations that benefit from Foodcycle's efforts include The Center at Blessed Sacrament, My Friends Place, Good Shepherd Center for Women and Children, and the Greater West Hollywood Food Coalition. These organizations provide essential services to vulnerable communities, and Foodcycle's contribution of food resources allows them to extend their reach and better serve their clients.

    In essence, Foodcycle's mission revolves around the collection and distribution of food to non-profit organizations that support food-insecure communities. By doing so, it contributes to the overall well-being of these communities, ensuring that no one goes hungry due to lack of food resources.

    Impact

    This information is meant to be a general summary of Foodcycle. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Foodcycle's impact can be seen in the tangible difference it makes in the lives of food-insecure communities in Los Angeles. By efficiently picking up surplus food from various businesses and farmers markets, Foodcycle ensures that this excess food does not go to waste. Instead, it is delivered to nonprofit organizations like The Center at Blessed Sacrament, My Friends Place, Good Shepherd Center for Women and Children, and Greater West Hollywood Food Coalition.

    Through this process, Foodcycle directly contributes to alleviating food insecurity by providing nutritious meals to those in need. This not only helps combat hunger but also promotes food sustainability and reduces food waste. The organization's efforts play a crucial role in supporting the vulnerable communities it serves and fostering a more equitable food system in Los Angeles.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $-275
  • Program Service Revenue: $351,899
  • Gross Receipts: $543,120

    • Assets and Liabilities:
  • Total Assets: $139,950
  • Total Liabilities: $16,016
  • Net Assets: $123,934
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM FOOD RECOVERY

    Revenue

    $351,899

    Organization Details

    Founding Year

    2014

    Principal Officer

    Nancy Beyda

    Main Address

    1949 NORTH WILTON PLACE, LOS ANGELES, CA, 90068

    NTEE Category

    Code: K30 - Food

    If you are a representative of Foodcycle and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.