Floreciendo

Floreciendo is a nonprofit organization situated in Oakland, California, with a mission to promote economic equity and foster business ownership among low-income, refugee, and immigrant chefs, particularly those of color. They accomplish this through various initiatives such as the Open Test Kitchen, which offers coaching and support for food business ideas. Additionally, they are involved in incubating cooperative restaurant projects and providing access to a commercial kitchen and restaurant space to nurture these emerging concepts. Their objective is to empower these chefs, who often face barriers in accessing resources and opportunities, and establish a model for collective leadership in the food industry. The organization currently employs seven individuals.

Floreciendo is a legitimate nonprofit organization registered as a 501(c)(3) entity. Floreciendo 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: $287,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

Floreciendo, through its mission, aims to promote economic equity and establish opportunities for business ownership. This mission specifically targets poor and working-class refugee and immigrant chefs, as well as chefs of color. The organization accomplishes this by operating the Open Test Kitchen food incubator, providing coaching and necessary support. Additionally, Floreciendo is involved in the development of a cooperative restaurant project called Understory, offering technical assistance to emerging cooperative collective food businesses. Furthermore, the organization facilitates access to a commercial kitchen and restaurant space, allowing these business concepts to develop and grow.

Diana Wu is the Treasurer of Floreciendo.

Floreciendo's revenue in 2022 was $510,407.

The average compensation at Floreciendo during 2022 was $41,029. There are 7 employees and 15 volunteers at Floreciendo.

Here are 4 key members and their salaries:

The Floreciendo’s most recent form 990 was submitted in 2022 and can be accessed here