2022-10-13T16:13:53-05:00 2020-12-31 221478099 COHNREZNICK LLP 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2020-01-01 821632259 RETHINK FOOD NYC INC RETH 2123647040 75 BROAD ST SUITE 707 NEW YORK NY 10004 MATTHEW JOZWIAK EXECUTIVE DIRECTOR 2123647040 2022-10-12 1 MATTHEW JOZWIAK 999009999 LAURA KIELCZEWSKI P00740769 9732283500 2022-10-11 0 AAL1 IAL1 2020 2022-09-23 18:48:47Z X MATTHEW JOZWIAK 75 BROAD ST SUITE 707 NEW YORK NY 10004 37918014 0 X WWW.RETHINKFOOD.ORG X 2017 NY RETHINK FOOD IS A NONPROFIT WHOSE MISSION IS TO CREATE A MORE SUSTAINABLE AND EQUITABLE FOOD SYSTEM. 12 10 113 55 0 0 1281433 37886514 0 0 673 10973 -73022 20527 1209084 37918014 0 51575 0 0 681252 2957923 0 0 857164 507595 13605820 1188847 16615318 20237 21302696 1190548 23003336 38168 548262 1152380 22455074 X SEE SCHEDULE O 1 0 244037 51575 COMMISSARY KITCHEN - OUR COMMISSARY KITCHEN CONVERTS DONATED FOOD ITEMS FROM GROCERY STORES, CORPORATE PARTNERS AND RESTAURANTS INTO NUTRITIOUS MEALS TO DELIVER TO CBOS AT NO COST. ON AVERAGE THE SITE PROVIDES OVER 5,000 MEALS A WEEK. 65000 20527 RETHINK CAFE - OPENED IN MARCH 2020, OUR DONATION-BASED CAFE INVITES EVERYONE AND ANYONE TO ENJOY A NUTRITIOUS MEALS FOR A SUGGESTED DONATION OF $5. MEALS ARE PREPARED BY CHEFS, UTILIZING RESCUED FOOD. ADDITIONALLY, THE SITE OPERATES A FOOD PANTRY FEATURING SHELF-STABLE FOOD ITEMS TO MAKE HOME-COOKED MEALS. 14051622 RETHINK CERTIFIED - RETHINK CERTIFIED IS A PARTNERSHIP PROGRAM WITH TWO PURPOSES: FEED COMMUNITIES AND KEEP RESTAURANTS IN BUSINESS. 14360659 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 1 68 0 1 113 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 10 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X X DREW KOHL 2123647040 75 BROAD ST SUITE 707 NEW YORK NY 10004 ALEX PFAFFENBACH OUTGOING BOARD MEMBER 1.00 X 0 0 0 DANIEL HUMM BOARD MEMBER 2.00 X 0 0 0 JON GRAY BOARD MEMBER 2.00 X 0 0 0 JULIAN BAKER CHAIRMAN 5.00 X X 0 0 0 LEO KIRBY TREASURER 2.00 X X 0 0 0 MARSHALL SMITH BOARD MEMBER 2.00 X 0 0 0 MATTHEW JOZWIAK FOUNDER, CHIEF EXECUTIVE OFFICER 50.00 X X 211846 0 9325 MAURICE OBEID BOARD MEMBER 2.00 X 0 0 0 SHAUN DONOVAN BOARD MEMBER 2.00 X 0 0 0 TIM BARAKETT BOARD MEMBER 2.00 X 0 0 0 TRACY LIMPE BOARD MEMBER 2.00 X 0 0 0 VAUGHN TAN BOARD MEMBER 2.00 X 0 0 0 WINSTON CHIU BOARD MEMBER, CHIEF STRATEGY OFFICER 45.00 X 108339 0 0 CHRISTOPHER HOLLINGER CHIEF FINANCIAL OFFICER 50.00 X 76867 0 7741 MEGHAN SAVAGE EXECUTIVE DIRECTOR OF PARTNERSHIPS 50.00 X 116489 0 0 513541 0 17066 3 0 1 0 WAFFLE WAFFLE LLC 43 RIVER RD NUTLEY NJ 07014 FOOD PREPARATION SERVICES 767561 LA MORADA RESTAURANT 308 WILLIS AVENUE BRONX NY 10454 FOOD PREPARATION SERVICES 639860 MD HOSPITALITY LLC 630 FLUSHING AVENUE BROOKLYN NY 11206 FOOD PREPARATION SERVICES 616887 BOKA ST MARKS 9 ST MARKS PL NEW YORK NY 10003 FOOD PREPARATION SERVICES 500640 GENUINE FOOD LAB 228 PARK AVE S NEW YORK NY 10003 FOOD PREPARATION SERVICES 493182 44 37886514 244457 37886514 10973 10973 DISCOUNTS OR REFUNDS GIVEN 900099 20527 20527 20527 37918014 20527 0 10973 X 51575 51575 414117 257833 60293 95991 2313593 1439726 337405 536462 22761 14339 3187 5235 207452 130695 29043 47714 647426 647426 42765 42765 11417304 11243790 170709 2805 115853 10861 104992 303680 260350 24048 19282 283455 240109 16435 26911 30973 26202 4771 25207 25207 71819 63473 3158 5188 TRUCK RENTAL, MAINTENAN 323373 323373 DUES & SUBSCRIPTIONS 229004 188452 33963 6589 REPAIRS & MAINTENANCE 67170 67170 MISCELLANEOUS EXPENSES 41796 28365 13431 5995 5995 16615318 14360659 1397495 857164 1101255 10641518 11731529 89293 499803 155693 25207 0 130486 1190548 23003336 38108 361364 25178 60 161720 38168 548262 X 1152380 10955074 11500000 1152380 22455074 1190548 23003336 X 21302696 -2 X X 0 1 X 1 0 X 0 78119 1486455 876926 37886514 40328014 78119 1486455 876926 37886514 40328014 0 0 0 40328014 673 10973 11646 673 10973 11646 20527 20527 78119 1486455 877599 37918014 40360187 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: DISCOUNTS - 2020 AMOUNT: $ 20,527. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 13200 3686 9514 142493 21521 120972 130486 OTHER LIABILITIES 37720 PPP LOAN 124000 161720 X 37918014 0 37918014 0 37918014 16615320 2 2 16615318 0 16615318 PART X, LINE 2: RETHINK FOOD HAS NO UNRECOGNIZED TAX BENEFITS AS OF DECEMBER 31,2020. RETHINK FOOD'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2017 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF APPLICABLE, RETHINK FOOD WILL RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS AS GENERAL AND ADMINISTRATIVE EXPENSES AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. THERE WERE NO INTEREST OR PENALTIES FOR THE YEAR ENDED DECEMBER 31, 2020. PART XII, LINE 2D - OTHER ADJUSTMENTS: ROUNDING ADJUSTMENT 2. 1 SALEM UNITED METHODIST CHURCH 211 WEST 129TH STREET NEW YORK NY 10027 132665561 501(C)(3) 50000 GRANT FOR DONATION OF MEALS 1 PART I, LINE 2: RETHINK CERTIFIED TEAM IS RESPONSIBLE FOR INSURING THAT THE MEALS OUTLINED IN THE AGREEMENTS ARE DELIVERED TO THE APPROPRIATE COMMUNITY BASED ORGANIZATIONS. X 0 0 0 0 0 0 0 1 0 MATTHEW JOZWIAK FOUNDER, CHIEF EXECUTIVE OFFICER 190596 0 21250 0 0 0 0 0 9325 0 221171 0 0 0 PART I, LINE 7 THE EXECUTIVE TEAM RECEIVED A BOARD APPROVED CALENDAR YEAR BONUS WHICH WAS INCLUDED IN THEIR 2020 W2. DANIEL HUMM BOARD MEMBER 1317051 PAYMENT FOR BUSINESS OPERATIONS EXPENSES FOR RESTAURANT OWNED BY DANIEL AS PART OF RTC PROGRAM 0 WINSTON CHIU BOARD MEMBER/CHIEF STRATEGY OFFICER 243699 PAYMENTS MADE TO ZAN GU SI AND BONBITE NYC INC (BOTH OWNED BY WINSTON) FOR KITCHEN AND OFFICE RENT AND OTHER SERVICES PROVIDED 0 X 8 244457 24 0 1 0 PART I, COLUMN (B): THE AMOUNT IN COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990 PART I, LINE 1 ORGANIZATION'S MISSION OR MOST SIGNIFICANT ACTIVITIES: RETHINK FOOD IS A NONPROFIT WHOSE MISSION IS TO CREATE A MORE SUSTAINABLE AND EQUITABLE FOOD SYSTEM. RETHINK CERTIFIED IS A PARTNERSHIP PROGRAM WITH TWO PURPOSES: FEED COMMUNITIES AND KEEP RESTAURANTS IN BUSINESS. RETHINK PARTNERS WITH RESTAURANTS TO PREPARE MEALS AS PART OF THEIR DAILY OPERATIONS, WHICH ARE THEN DISTRIBUTED VIA CBOS TO NEIGHBORS IMPACTED BY FOOD INSECURITY. IN EXCHANGE FOR PREPARING MEALS, RESTAURANTS RECEIVE A GRANT FROM RETHINK, WHICH SUPPORTS MEAL COSTS AND A PORTION OF THEIR STAFFING AND OPERATIONAL COSTS. TO SCALE THE DISTRIBUTION OF MEALS, RETHINK FOOD HAS ALSO DEVELOPED A TECHNOLOGY PLATFORM THAT DIRECTLY CONNECTS RESTAURANTS WITH CBOS. THE PLATFORM ALLOWS FOR REAL-TIME INFORMATION ON MEAL NEEDS, IDENTIFYING CULTURAL AND DIETARY REQUIREMENTS, FACILITATING DELIVERY LOGISTICS AND PROVIDING CBOS THE ABILITY TO RATE AND EVALUATE THE MEALS THEY RECEIVE. OPENED IN MARCH 2020, OUR DONATION-BASED CAFE INVITES EVERYONE AND ANYONE TO ENJOY A NUTRITIOUS MEAL FOR A SUGGESTED DONATION OF $5. MEALS ARE PREPARED BY CHEFS, UTILIZING RESCUED FOOD. ADDITIONALLY, THE SITE OPERATES A FOOD PANTRY FEATURING SHELF-STABLE FOOD ITEMS TO MAKE HOME-COOKED MEALS. OUR COMMISSARY KITCHEN CONVERTS DONATED FOOD ITEMS FROM GROCERY STORES, CORPORATE PARTNERS AND RESTAURANTS, INTO NUTRITIOUS MEALS TO DELIVER TO CBOS AT NO COST. ON AVERAGE, THE SITE PROVIDES OVER 5,000 MEALS A WEEK. FORM 990, PART III, LINE 2 RETHINK CAFE AND RETHINK CERTIFIED PROGRAMS WERE ADDED. RETHINK CERTIFIED IS A PARTNERSHIP PROGRAM WITH TWO PURPOSES: FEED COMMUNITIES AND KEEP RESTAURANTS IN BUSINESS. OPENED IN MARCH 2020, OUR DONATION BASED CAFE INVITES EVERYONE AND ANYONE TO ENJOY A NUTRITIOUS MEAL FOR A SUGGESTED DONATION OF $5. MEALS ARE PREPARED BY CHEFS, UTILIZING RESCUED FOOD. ADDITIONALLY, THE SITE OPERATES A FOOD PANTRY FEATURING SHELF-STABLE FOOD ITEMS TO MAKE HOME-COOKED MEALS. FORM 990, PART VI, SECTION A, LINE 4 THE EMPLOYEE HANDBOOK WAS UPDATED WITH NEW POLICIES/REVISIONS TO EXISTING POLICIES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 HAS BEEN REVIEWED BY THE FINANCE COMMITTEE PRIOR TO THE FILING. THE FINAL FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS AT THE SCHEDULED NEXT BOARD MEETING WHERE IT IS REVIEWED BY ALL THE BOARD MEMBERS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY BOARD APPROVAL AND MARKET COMPARISON. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 169,002. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 169,002. PAYROLL PROCESSING FEES: PROGRAM SERVICE EXPENSES 7,682. MANAGEMENT AND GENERAL EXPENSES 1,707. FUNDRAISING EXPENSES 2,805. TOTAL EXPENSES 12,194. : PROGRAM SERVICE EXPENSES 11,236,108. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,236,108. FORM 990, PART XI, LINE 9: ROUNDING ADJUSTMENT -2. 990 PART XII, LINE 2C THE ORGANIZATION'S AUDIT COMMITTEE DID NOT CHANGE ITS OVERSIGHT PROCESS OR ITS SELECTION PROCESS FOR 2020 REASON FOR AMENDMENT THE RETURN IS BEING AMENDED BY THE TAXPAYER TO RECLASSIFY PAYMENTS MADE TO VENDORS THROUGH ITS PARTNERSHIP PROGRAM, RETHINK CERTIFIED, WITH THE PURPOSE OF FEEDING COMMUNITIES AND KEEPING RESTAURANTS IN BUSINESS. THESE PAYMENTS HAVE BEEN RECLASSIFIED FROM FORM 990 PART IX LINE 1 TO LINE 11G. IN ADDITION, PART VII SECTION B LINE 2 WAS COMPLETED TO LIST THE FIVE TOP HIGHEST PAID VENDORS FOR THESE SERVICES. OTHER CHANGES TO THE RETURN INCLUDE UPDATING AMOUNTS REPORTED AS GRANTS IN PART III LINES 4A AND 4C.