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Nonprofit · EIN 45-4088193

FOODCHAIN

Tax-exempt · LEXINGTON, KY 40508

Financials

$1.4M$1.6M2023$2.1M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of FOODCHAIN by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,126,685$1,842,461$284,224$1,180,645$20,623$1,160,022
December 31, 2023990$1,350,435$1,550,239-$199,804$875,797$0$875,797
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,933,656
of which government grants
$681,849
Program service revenue
$67,476
Investment income
$30,813
Royalties
$57
Net income from fundraising events
$64,267
Net income from sales of inventory
$18,663
Other revenue
$94,740

Expenses

Grants and similar amounts paid
$40,000
Compensation of officers, directors and key employees
$181,919
Other salaries and wages
$430,598
Salaries, compensation and benefits (total)
$678,737
Professional fundraising fees
$0
Occupancy
$21,712
Travel
$7,240
Depreciation
$52,852
Program services (functional)
$1,649,432
Management and general (functional)
$133,411
Fundraising (functional)
$59,618

Balance sheet and other

Total assets, start of year
$875,797
Total assets, end of year
$1,180,645
Total liabilities, end of year
$20,623
Net assets, end of year
$1,160,022
Land, buildings and equipment
$149,631
Net assets without donor restrictions
$1,160,022
Gross receipts
$2,185,063
Employees
22
Volunteers
1,080
Year formed
2011
State of legal domicile
KY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
LEANDRA FORMANCO-EXECUTIVE DIRECTOR
Officer
40$69,946
KRISTIN HUGHESCO-EXECUTIVE DIRECTOR
Officer
40$64,896
RYAN FOSTERDIRECTOR & CO-CHAIR
Trustee or director
0.25$0
OUITA MICHELDIRECTOR & CO-CHAIR
Trustee or director
0.25$0
SHARON STONEDIRECTOR
Trustee or director
0.25$0
SHAWN BURNSDIRECTOR
Trustee or director, Officer
0.25$0
SHAWN BLADESDIRECTOR
Trustee or director
0.25$0
KA'SONDRA BROWNDIRECTOR
Trustee or director
0.25$0
REBECCA SELFDIRECTOR
Trustee or director
0.25$0
AGNES MARERRODIRECTOR
Trustee or director
0.25$0
BO MILBURNDIRECTOR & TREASURER
Trustee or director
0.25$0
SCOTT WINKLERDIRECTOR & VICE CHAIR
Trustee or director
0.25$0
CHRISTINA YUEDIRECTOR
Trustee or director
0.25$0
EMILY SPENCERDIRECTOR
Trustee or director
0.25$0
ASONA MCMULLENDIRECTOR
Trustee or director
0.25$0
2 more people on this return
NameTitleHours / weekCompensation
IESHA ALLENDIRECTOR
Trustee or director
0.25$0
ANNE COOK ENGLISHDIRECTOR
Trustee or director
0.25$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
LEANDRA FORMANCO-EXECUTIVE DIRECTOR
Officer
40$59,227
KRISTIN HUGHESCO-EXECUTIVE DIRECTOR
Officer
40$57,473
RYAN FOSTERDIRECTOR & TREASURER
Trustee or director
0.25$0
OUITA MICHELDIRECTOR
Trustee or director
0.25$0
SHARON STONEDIRECTOR
Trustee or director
0.25$0
SHAWN BURNSDIRECTOR & CHAIRPERSON
Trustee or director, Officer
0.25$0
SHAWN BLADESDIRECTOR
Trustee or director
0.25$0
KA'SONDRA BROWNDIRECTOR
Trustee or director
0.25$0
REBECCA SELFDIRECTOR & SECRETARY
Trustee or director
0.25$0
ERINN CONNESSDIRECTOR
Trustee or director
0.25$0
LINDSEY CLEMDIRECTOR
Trustee or director
0.25$0
AGNES MARERRODIRECTOR
Trustee or director
0.25$0
BO MILBURNDIRECTOR
Trustee or director
0.25$0
SCOTT WINKLERDIRECTOR
Trustee or director
0.25$0

Address and contacts

Address (IRS master file)
501 W SIXTH ST STE 105, LEXINGTON, KY 40508-1381
Principal officer (990 for 2024)
JAMES MASTIN, 501 W SIXTH ST SUITE 105, LEXINGTON, KY 40508
Signed the 990
JAMES MASTIN, DIRECTOR OF FINANCE
Phone
(859) 270-4222
Return prepared by
BLUE & CO LLC

Mission

FOODCHAIN IS LOCATED IN THE HEART OF AN URBAN FOOD DESERT, WHICH CONSTITUTES A LOW-INCOME CENSUS TRACT THAT IS FURTHER THAN 1 MILE FROM A GROCERY STORE, WHERE RESIDENTS STRUGGLE WITH BOTH ACCESS TO NUTRITIOUS, WHOLESOME INGREDIENTS AS WELL AS THE FOOD LITERACY THAT ACCOMPANIES A DIET HIGH IN THESE COMPONENTS. AS A CONSEQUENCE, FOODCHAIN AIMS TO FORGE LINKS BETWEEN OUR COMMUNITY RESIDENTS AND FRESH FOOD WITH EDUCATION AND DEMONSTRATION OF WAYS IN WHICH FRESH FOOD CAN BE GROWN, ACQUIRED, AND/OR PREPARED IN ORDER TO IMPROVE THE LONG-TERM HEALTH OUTCOMES OF THIS HIGH-RISK POPULATION, ENCOURAGING A MORE ROBUST LOCAL FOOD ECONOMY, AND RESULTING IN A MORE RESILIENT COMMUNITY. OUR MODEL, WHICH WE BELIEVE IS REPLICABLE IN COMMUNITIES AROUND THE COUNTRY, COMBINES UNIQUE OPERATIONS, INLUDING AN INDOOR AQUAPONICS FARM AND A TEACHING AND PROCESSING KICHEN.

990 for the year ended December 31, 2024

Program accomplishments

  • MANY OF FOODCHAIN'S NEIGHBORS RELY ON DOLLAR STORES AND CONVENIENCE MARTS FOR THEIR WEEKLY SHOPPING, WITH LIMITED FUNDS AND TRANSPORTATION AVAILABLE TO GET TO HIGHER QUALITY STORES WITH A GREATER ABUNDANCE OF NUTRITIOUS WHOLE INGREDIENTS. FURTHERMORE, WITH THE RELIANCE ON SNAP DOLLARS AND OTHER FEDERAL FOOD BENEFIT PROGRAMS, THE COMMUNITY HAS BECOME INCREASINGLY DEPENDENT ON HIGHLY-PROCESSED, SHELF-STABLE "JUNK" FOOD FOR THEIR DAILY MEALS, RESULTING IN GENERATIONAL DIET-RELATED ILLNESSES, INCLUDING HEART DISEASE, DIABETES, AND MORE. WHILE THIS HUNGER-OBESITY PARADOX IS IN PART A RESULT OF LIMITED FOOD ACCESS, IT HAS BEEN EXACERBATED BY A DECLINE IN FOOD LITERACY, WHERE FAMILIES NO LONGER HAVE THE KNOWLEDGE, EQUIPMENT, AND FAMILIARITY TO PREPARE MEALS FROM FRESH INGREDIENTS. FOODCHAIN AIMS TO ADDRESS THIS DEFICIENCY BY OFFERING EDUCATIONAL PROGRAMS TO TEACH COOKING SKILLS, EXPOSING FAMILIES TO A WIDER ARRAY OF CUISINES AND FLAVOR PROFILES, INSPIRING MORE ADVENTUROUS EATING AND KITCHEN CONFIDENCE. WITH THIS MINDSET, WE LAUNCHED NOURISH LEXINGTON AT THE START OF THE PANDEMIC TO PROVIDE SCRATCH-MADE NUTRITIOUS MEALS FOR FREE TO FOOD INSECURE INDIVIDUALS IN OUR COMMUNITY, ALONG WITH EDUCATIONAL MATERIALS, ALL WHILE INVESTING RESOURCES INTO OUR LOCAL FOOD ECONOMY THROUGH THE PRIORITIZATION OF LOCALLY FARMED INGREDIENTS, MADE BY AND DISTRIBUTED BY AREA PROFESSIONALS AAND BUSINESSES. OVERTIME, THIS FOOD ACCESS AND FLUENCY PROGRAM WILL CULTIVATE MORE SELF-SUFFICIENT HOUSEHOLDS, AS FOOD INDEPENDENCE LEADS TO GREATER WELFARE AND ECONOMIC SUSTAINABILITY OF A COMMUNITY.
    Expenses $732,203 · grants $40,000 · revenue $81,884
  • WHILE ONE ANSWER TO THE LIMITED ACCESS OF OUR FRESH FOOD IS TO INCREASE ITS AVAILABILITY THROUGH RETAIL, FOODCHAIN BELIEVES IT IS EVEN MORE EMPOWERING TO START AT FOOD PRODUCTION. THEREFORE, WE OPERATE OUR INDOOR, STATE-OF-THE-ART AQUAPONICS SYSTEM, GROWING FISH AND GREENS YEAR-ROUND IN A RECIRCULATING SYSTEM THAT REDUCES WASTE AND CONSERVES RESOURCES, WHILE ALSO GENERATING THOUSANDS OF POUNDS OF FOOD THAT CAN BE USED FOR REVENUE GENERATION AND NUTRITIONAL ACCESS. BY RUNNING OUR FARM AS A DEMONSTRATION FACILITY, HOSTING TOURS AND WORKSHOPS FOR THOUSANDS, WE WORK TO GET INDIVIDUALS MORE INVOLVED IN GROWING WHOLESOME FOOD, UNDERSTANDING WHERE FOOD COMES FROM, AND HOW THESE TECHNIQUES COULD BE REPLICATED ELSEWHERE TO INCREASE AGRICULTURL PRODUCTIVITY WHILE SUBSEQUENTLY MAKING FRESH FOOD AVAILABLE ALL YEAR-ROUND FOR ALL.
    Expenses $917,229 · revenue $16,008

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-4088193
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,180,645
Income (IRS master file)
$2,185,063

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,126,685$1,842,461$1,180,645XML
990December 2023$1,350,435$1,550,239$875,797XML
990December 2022$1,197,009$1,141,496$1,082,898IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 2017–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-4088193).

Questions about FOODCHAIN

What is the EIN of FOODCHAIN?
The employer identification number (EIN) of FOODCHAIN is 45-4088193.
Is FOODCHAIN tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to FOODCHAIN tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOODCHAIN file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FOODCHAIN due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOODCHAIN last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FOODCHAIN?
The 990 for the year ended December 31, 2024 names JAMES MASTIN.
Who are the officers and directors of FOODCHAIN?
The 990 for the year ended December 31, 2024 lists 17 people; 2 received compensation from the organization, the highest $69,946 (LEANDRA FORMAN, CO-EXECUTIVE DIRECTOR).
How much revenue does FOODCHAIN have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,126,685, expenses of $1,842,461 and total assets of $1,180,645 at year end.

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