2012-03-22T21:43:00-05:00 2011-06-30 Tonneson & Company CPAs PC 401 Edgewater Place Suite 300 Wakefield MA 018806208 990 2010-07-01 043262532 The Food Project Inc FOOD 7812598621 PO Box 705 10 Lewis Street Unit 4 Lincoln MA 01773 Dylan Sanders 7812598621 2012-03-22 1 Heidi E MacLean 7812459999 2011-11-21 2010 2016-02-24 21:20:13Z Dylan Sanders 10 Lewis St Lincoln MA 01773 3722246 0 X www.thefoodproject.org X 1994 MA Refer to Schedule O, Page 29To create a thoughtful and productive community of youth and adults from diverse backgrounds who work together to build a sustainable food system. This community produces healthy food for residents of the city and suburbs, provides youth leadership opportunities, and inspires and supports others to create change in their own communities. 16 16 198 3139 -33003 -7238 2894546 3205273 455848 465517 29290 10306 -23473 -33003 3356211 3648093 33529 75070 0 0 2115452 2231543 0 0 432679 826596 1140557 2975577 3447170 380634 200923 3758056 4002193 439290 457463 3318766 3544730 X Refer to Schedule O, Page 29 0 0 809703 0 1822 Youth Leadership and Training Programs provide opportunities for youth in job readiness training, community service and leadership. 638453 415 402494 Food Production and Enterprise Programs provide education and development for youth through the production and distribution of food and creation of food enterprises. 773808 64711 25532 Public Education and Outreach Programs provide opportunities for youth and the public to work in sustainable agriculture, pollution reduction and to feed the hungry. 358481 9944 35669 Real Food Challenge - The mission of the Real Food Challenge (RFC) is to harness the power of youth and universities to build a healthy, fair, and green food economy by shifting college food purchases away from industrial agriculture towards local, sustainable, and fair sources. 358481 9944 35669 2580445 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 43 0 1 198 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 0 1 1 0 MA X X Lisbeth Cahill - The Food Project Inc 7812598621 PO Box 705 10 Lewis Street Unit 4 Lincoln MA 01773 Gene Benson 7.00 X X 0 0 0 Saulo Araujo 5.00 X X 0 0 0 Dylan Sanders 5.00 X X 0 0 0 Danah Tench 5.00 X X 0 0 0 Mark Barnett 2.00 X 0 0 0 Danny Chin 2.00 X 0 0 0 Rosemary Costello 2.00 X 0 0 0 Keely Curliss 2.00 X 0 0 0 Hannah Sharpless Graff 2.00 X 0 0 0 Marcos Luna 2.00 X 0 0 0 Eva MacDonald 2.00 X 0 0 0 Gordon MacFarland 2.00 X 0 0 0 Christopher Powell 2.00 X 0 0 0 Dominique Powell 2.00 X 0 0 0 Sharon Reilly 2.00 X 0 0 0 Lenore Gessner Travis 2.00 X 0 0 0 Margaret Williams 40.00 X 125000 0 1250 Susan MacDougall 40.00 X 95000 0 8171 220000 0 9421 2 0 0 0 0 80710 3124563 3205273 Sale of Grown Produce 445200 465517 465517 465517 10306 10306 41150 74153 -33003 -33003 -33003 3648093 465517 -33003 10306 75070 75070 126250 126250 1795115 1305028 201624 288463 14239 8651 3137 2451 169370 105350 34216 29804 126569 86858 21074 18637 49515 19811 23847 5857 258133 230136 12298 15699 272484 218175 18949 35360 215796 157495 31982 26319 115577 111802 2647 1128 41270 32472 6961 1837 105938 98067 7871 5551 5551 Equipment rental and ma 81746 62830 11792 7124 Seeds, plants and soil 68700 68700 Less allocated to renta -74153 -74153 3447170 2580445 434046 432679 299712 357120 1712686 1790848 136571 164178 46662 83139 2245869 638961 1562425 1606908 3758056 4002193 106041 142160 333249 315303 439290 457463 X 2876178 3187681 175922 90383 266666 266666 3318766 3544730 3758056 4002193 X 200923 25041 X 0 1 1 X 0 X 1081778 2733677 2698507 2961469 3239755 12715186 1081778 2733677 2698507 2961469 3239755 12715186 3105907 9609279 49824 94890 79417 67588 51456 343175 13058361 1994905 0.73590 0.73330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 282588 29305 311893 272459 20 10109 282588 266146 500 5813 272459 0.00000 0.85500 0.14500 0 0 691620 691620 978920 339725 639195 189320 37412 151908 386009 261824 124185 1606908 3648093 3447170 200923 25041 25041 225964 3781769 25041 34482 74153 133676 3648093 0 3648093 3555805 34482 74153 108635 3447170 0 3447170 Description of Intended Use of Endowment Funds: Part V, Line 4: The Organiation's primary objective is preservation of capital together with current income that will provide for the support of current activities. To satify its long-term rate-of-return objectives, the Organization primarily relies on fixed income investments typically comprised of certificates of deposit. Part XII, Line 2d - Other Adjustments: Rental Property Expenses 74,153. Part XIII, Line 2d - Other Adjustments: Rental Property Expenses 74,153. 1 The Food Project Inc - North Shore 120 Munroe Street Lynn MA 01901 043262532 501(c)(3) 75070 Book To support The Food Project - North Shore program activities. 1 X Food 7 15427 Book X Materials 5 11090 Book X Services 9 4550 Book X Miscellaneous 8 3415 Book 0 0 0 Form 990, Part VI, Section B, line 11 The Organization's Treasurer and Business Manager are responsible for overseeing the preparation of IRS Form 990 (990). The 990 and its supporting schedules were prepared by the public accounting firm, Tonneson + Co (Tonneson), responsible for auditing the Organization's financial statements. Tonneson's work was based on information provided to them during the course of the audit by the Organization's accounting department, plus additional work requested specific to the 990. The Board Treasurer, Business Manager, Board President and Managing Director performed a detailed review of the completed 990 and reported the results of its review to the Board of Trustees. The Board of Trustees then voted to approve the Form 990. Each member of the Organization's Board of Trustees received a copy of the 990 prior to filing the form with the IRS. Form 990, Part VI, Section B, line 12c The Board of Trustees requires regular annual statements from trustees, officers, employees, and individuals serving on Board committees, and other designated individuals, which will require such individuals to disclose any existing or potential conflict of interest and to inform the Board of Trustees in the event a potential conflict of interest may arise. The Board of Trustees may also provide for such corrective action as it deems appropriate by reason of a failure to disclose such conflict of interest, which may include removal from a position or office. Disclosure forms shall be updated annually or sooner if changed circumstances require disclosure. All persons subject to this policy are expected to update their Conflict of Interest Disclosure Statement at any time during the year that the information requested on the form changes. The administration and maintenance of the Conflict of Interest Disclosure Statement shall be the responsibility of the President/Chair of the Board of Trustees, or his/her designee. Form 990, Part VI, Section B, line 15 The Chair and Vice-Chair of the Board of Trustees, who are not employees of the Organization or related to any employees of the Organization, meets annually to review the Executive Director's compensation. As part of their review, the Chair and Vice-Chair of the Board of Trustees evaluates various criteria including, but not limited to, the Organization's goals and objectives, the Executive Director's performance, and comparative third-party compensation data. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy and financial statements are made available to the public through the Massachusetts Attoney General's office/website and Guidestar. Also, all of these documents are immediately made available to the public by calling the organization's office, walking into the organization's office or mailing in a request to the organization. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized gains on investments: 25,041.