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Nonprofit · EIN 81-0840578

GOOD FOOD INSTITUTE INC

Tax-exempt · ARLINGTON, VA 22207

Financials

$43.6M$31M2023$28.1M$35.4M2024
Revenue Expenses · by fiscal year end
Financials of GOOD FOOD INSTITUTE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$28,143,912$35,420,353-$7,276,441$62,032,056$7,386,672$54,645,384
December 31, 2023990$43,631,366$31,037,374$12,593,992$65,245,715$6,363,710$58,882,005
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$26,774,736
of which government grants
$175,204
Program service revenue
$0
Investment income
$1,308,876
Net gain from sales of assets
-$49,820
Other revenue
$60,300

Expenses

Grants and similar amounts paid
$4,573,258
Compensation of officers, directors and key employees
$695,560
Other salaries and wages
$16,147,718
Salaries, compensation and benefits (total)
$21,394,429
Professional fundraising fees
$0
Legal fees
$159,820
Accounting fees
$249,657
Occupancy
$229,418
Travel
$493,025
Depreciation
$12,993
Program services (functional)
$26,332,748
Management and general (functional)
$5,739,655
Fundraising (functional)
$3,347,950

Balance sheet and other

Total assets, start of year
$65,245,715
Total assets, end of year
$62,032,056
Total liabilities, end of year
$7,386,672
Net assets, end of year
$54,645,384
Land, buildings and equipment
$27,963
Publicly traded securities
$43,980,543
Net assets without donor restrictions
$41,339,904
Net assets with donor restrictions
$13,305,480
Gross receipts
$71,059,770
Employees
132
Volunteers
54
Year formed
2015
State of legal domicile
DE

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 / weekCompensationOther / benefits
BRUCE FRIEDRICHPRESIDENT AND FOUNDER
Trustee or director, Officer
40$230,799$21,241
ILYA SHEYMANCEO
Officer
40$225,925$22,475
SUSAN MCCAUSLAND-HALTEMANSVP - DEVELOPMENT
Highest-paid employee
40$210,448$19,367
JESSICA ALMYSVP - POLICY AND GOVERNMENT RELATIONS
Highest-paid employee
40$197,947$30,111
CAROLINE BUSHNELLSVP - CORPORATE ENGAGEMENT
Highest-paid employee
40$196,663$19,703
SHEILA VOSSSVP - COMMUNICATIONS
Highest-paid employee
40$199,100$10,826
SARAH DAVIDGEN. COUNSEL, SECRETARY, TREASURER
Officer
40$173,558$21,561
CHETHANA BILIYARVP OPERATIONS
Highest-paid employee
40$168,167$23,530
ANAND GOPALDIRECTOR
Trustee or director
2$0$0
CAMERON ICARDCHAIR
Trustee or director, Officer
3$0$0
JOAN GASSDIRECTOR
Trustee or director
2$0$0
KATHLEEN FRESTONDIRECTOR
Trustee or director
2$0$0
NABIHA BASATHIADIRECTOR
Trustee or director
2$0$0
VANDHANA BALASUBRAMANIANDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensationOther / benefits
BRUCE FRIEDRICHPRESIDENT AND FOUNDER
Trustee or director, Officer
40$207,125$16,432
ILYA SHEYMANCEO
Officer
40$200,215$18,341
JESSICA ALMYSVP - POLICY AND GOVERNMENT RELATIONS
Highest-paid employee
40$182,346$32,074
ELIZABETH SPECHTSVP - SCIENCE AND TECHNOLOGY
Highest-paid employee
40$190,988$15,791
SHEILA VOSSSVP - COMMUNICATIONS
Highest-paid employee
40$178,598$23,185
SARAH DAVIDGEN. COUNSEL, SECRETARY, TREASURER
Officer
40$183,906$17,511
SUSAN MCCAUSLAND-HALTEMANSVP - DEVELOPMENT
Highest-paid employee
40$184,090$15,521
CAROLINE BUSHNELLSVP - CORPORATE ENGAGEMENT
Highest-paid employee
40$175,411$17,199
VANDHANA BALASUBRAMANIANDIRECTOR
Trustee or director
2$0$0
KATHLEEN FRESTONDIRECTOR
Trustee or director
2$0$0
CAMERON ICARDCHAIR
Trustee or director, Officer
3$0$0
NABIHA BASATHIADIRECTOR
Trustee or director
2$0$0
JOAN GASSDIRECTOR
Trustee or director
2$0$0
ANAND GOPALDIRECTOR
Trustee or director
2$0$0

Address and contacts

Address (IRS master file)
2503D N HARRISON ST 19, ARLINGTON, VA 22207-1640
In care of
% VANDHANA BALASUBRAMANIAN
Principal officer (990 for 2024)
NIGEL SIZER, 2503D N HARRISON ST 19, ARLINGTON, VA 22207
Signed the 990
NIGEL SIZER, CHIEF EXECUTIVE OFFICER
Phone
(202) 596-2262
Website
GFI.ORG
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

TO HARNESS THE POWER OF FOOD INNOVATION AND MARKETS TO MAKE THE GLOBAL FOOD SYSTEM BETTER FOR THE PLANET, PEOPLE, AND ANIMALS BY SUPPORTING EFFORTS TO MAKE ALTERNATIVE PROTEINS ACCESSIBLE, AFFORDABLE, AND DELICIOUS.

990 for the year ended December 31, 2024

Program accomplishments

  • SCIENCE AND TECHNOLOGY - GFI'S SCIENCE AND TECHNOLOGY DEPARTMENT ACCELERATES THE SCIENCE OF ALTERNATIVE PROTEIN TECHNOLOGIES. GFI'S SCIENTISTS ARE THE GLOBAL EXPERTS IN THIS SECTOR AND WORK TO ENSURE THAT A ROADMAP EXISTS FOR ALTERNATIVE PROTEIN INNOVATION, THAT THE BEST SCIENTISTS ARE ENGAGED IN RESEARCH AND DEVELOPMENT, AND THAT SIGNIFICANT FUNDS ARE DIRECTED TOWARD THE HIGHEST-IMPACT AREAS OF ALTERNATIVE PROTEIN RESEARCH.GFI'S SCITECH TEAM IS FOCUSED ON THREE PRINCIPAL ACTIVITIES:1. ANALYZING CURRENT AND FUTURE TECHNICAL CHALLENGES AND IDENTIFYING THE MOST IMPORTANT RESEARCH FOR ALTERNATIVE PROTEINS.2. MOBILIZING FUNDING FOR OPEN-ACCESS RESEARCH AND DEVELOPMENT OF ALTERNATIVE PROTEINS.3. INSPIRING AND SUPPORTING THE NEXT GENERATION OF INNOVATORS IN THE ALTERNATIVE PROTEIN INDUSTRY.
    Expenses $10,290,242 · grants $3,723,258
  • POLICY AND GOVERNMENT RELATIONS - GFI'S POLICY AND GOVERNMENT RELATIONS DEPARTMENT IS FOCUSED ON REMOVING PUBLIC POLICY HURDLES AND DIRECTING PUBLIC INVESTMENT TO ACCELERATE PROGRESS ON THE WIDESPREAD ADOPTION OF ALTERNATIVE PROTEINS. THE POLICY AND GOVERNMENT RELATIONS TEAM PRIMARILY EDUCATES PUBLIC INSTITUTIONS, INCLUDING ELECTED OFFICIALS AND REGULATORS, AND USES IMPACT LITIGATION AS A STRATEGIC TOOL WHERE WARRANTED.
    Expenses $5,598,130
  • CORPORATE ENGAGEMENT - GFI'S CORPORATE ENGAGEMENT DEPARTMENT WORKS TO EDUCATE COMPANIES AND INVESTORS TO PRIORITIZE ALTERNATIVE PROTEINS, ACCELERATE ALTERNATIVE PROTEIN INNOVATION, AND SCALE THE SUPPLY CHAIN. THE CORPORATE ENGAGEMENT TEAM'S WORK HELPS ENABLE FOOD INDUSTRY PARTNERS TO DEVELOP AND BRING TO MARKET ALTERNATIVE PROTEIN PRODUCTS THAT ARE AS ACCESSIBLE, AFFORDABLE, AND DELICIOUS AS CONVENTIONAL MEAT, EGGS, AND DAIRY. THE CORPORATE ENGAGEMENT TEAM EDUCATES AND EMPOWERS ENTITIES IN ALL STAGES OF THE SUPPLY CHAIN, INCLUDING ENTREPRENEURS AND STARTUPS, INVESTORS, FOOD AND MEAT MANUFACTURERS, INGREDIENT COMPANIES, GROCERY RETAILERS, FOODSERVICE COMPANIES, AND EQUIPMENT MANUFACTURERS.
    Expenses $4,491,125 · grants $467
  • COMMUNICATIONS - GFI'S COMMUNICATIONS DEPARTMENT POSITIONS GFI AS A GLOBAL THOUGHT LEADER AND TRUSTED SOURCE OF DATA AND INSIGHTS ACROSS THE FIELD OF ALTERNATIVE PROTEINS AND THROUGHOUT THE ADJACENT FIELDS OF CLIMATE, BIODIVERSITY, GLOBAL HEALTH, AND SUSTAINABLE, SECURE FOOD SYSTEMS. THE COMMUNICATIONS TEAM ELEVATES THE EXPERTISE OF OUR STAFF AND WORKS ACROSS THE ORGANIZATION AND FIELD TO PUBLISH AND DISSEMINATE ORIGINAL RESEARCH AND REPORTS, SECURE MEANINGFUL MEDIA COVERAGE, CONVENE AND PROMOTE COMMUNITY AND CAPACITY-BUILDING EVENTS, AND THOUGHTFULLY ENGAGE DECISION-MAKERS AND OTHER INFLUENCERS ACROSS THE PRIVATE AND PUBLIC SECTORS AND CIVIL SOCIETY TO POSITION ALTERNATIVE PROTEINS AS AN ESSENTIAL SOLUTION FOR A BETTER FOOD FUTURE.
    Expenses $3,599,840 · grants $50,000
  • INTERNATIONAL - GFI'S INTERNATIONAL PROGRAM CONSISTS OF TECHNICAL AND MANAGEMENT SUPPORT FROM ITS U.S. TEAM TO ITS FOREIGN AFFILIATES, AS WELL AS ADDITIONAL INTERNATIONAL ACTIVITIES LED DIRECTLY BY THE U.S. TEAM SUCH AS MANAGEMENT OF INTERNATIONAL SUB-GRANTS AND PROGRAMMATIC ACTIVITIES AIMED TO ACCELERATE WORLDWIDE ENGAGEMENT OF SCIENTISTS IN ALTERNATIVE PROTEIN RESEARCH, DRIVE GLOBAL POLICY AND REGULATORY ADVANCEMENTS, FOSTER SUCCESSFUL GENERATION OF INNOVATORS, AND AMPLIFY MEDIA COVERAGE OF ALTERNATIVE PROTEIN INNOVATION.
    Expenses $2,353,411 · grants $799,533

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
81-0840578
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$62,032,056
Income (IRS master file)
$71,059,770

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$28,143,912$35,420,353$62,032,056IRS
990December 2023$43,631,366$31,037,374$65,245,715XML
990December 2022$15,833,279$22,760,706$50,506,658IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 81-0840578).

Questions about GOOD FOOD INSTITUTE INC

What is the EIN of GOOD FOOD INSTITUTE INC?
The employer identification number (EIN) of GOOD FOOD INSTITUTE INC is 81-0840578.
Is GOOD FOOD INSTITUTE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to GOOD FOOD INSTITUTE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GOOD FOOD INSTITUTE INC 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 GOOD FOOD INSTITUTE INC 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 GOOD FOOD INSTITUTE INC 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 GOOD FOOD INSTITUTE INC?
The 990 for the year ended December 31, 2024 names NIGEL SIZER.
Who are the officers and directors of GOOD FOOD INSTITUTE INC?
The 990 for the year ended December 31, 2024 lists 14 people; 8 received compensation from the organization, the highest $230,799 (BRUCE FRIEDRICH, PRESIDENT AND FOUNDER).
How much revenue does GOOD FOOD INSTITUTE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $28,143,912, expenses of $35,420,353 and total assets of $62,032,056 at year end.

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