Food Co-op Initiative is a 501(c)(3) organization based in Saint Paul, Minnesota, registered in 2011, with $496,622 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$497K
▼ 12.4% vs prior year
Food & Agriculture median: $197K
Expenses (FY2024)
$528K
Net assets
$165K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Food Co-op Initiative— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Food Co-op Initiative: 4 mo reserves · -6% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Food Co-op Initiative— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Food Co-op Initiative: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $527K (FY2014) to $497K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-6.3%
Spent more than it raised in the latest fiscal year.
Total assets
$262K
Total liabilities
$97K
Net assets
$165K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $496,622▼12.4% | $527,694▼7.6% | $165,314▼15.8% | $262,041▼17.4% | 990 |
| 2023 | $567,113▲15.1% | $571,073▲6.8% | $196,386▼2.0% | $317,309▲5.7% | 990 |
| 2022 | $492,562▲25.6% | $534,822▲13.1% | $200,346▼17.4% | $300,111▼12.9% | 990 |
| 2021 | $392,218▼6.6% | $472,710▲2.2% | $242,606▼24.9% | $344,402▼20.2% | 990 |
| 2020 | $420,129▼24.4% | $462,433▲0.6% | $323,098▼11.6% | $431,360▼15.5% | 990 |
| 2019 | $555,973▲23.7% | $459,804▲20.0% | $365,402▲35.7% | $510,749▲14.1% | 990 |
| 2018 | $449,550▲16.0% | $383,247▼23.6% | $269,233▲32.7% | $447,655▼2.0% | 990 |
| 2017 | $387,618▼16.3% | $501,673▼11.9% | $202,936▼36.0% | $456,827▼16.9% | 990 |
| 2016 | $463,259▲36.1% | $569,167▲24.3% | $316,991▼25.0% | $549,914▼11.0% | 990 |
| 2015 | $340,473▼35.4% | $457,923▲30.9% | $422,899▼29.5% | $617,836▼15.9% | 990 |
| 2014 | $527,160 | $349,910▼15.8% | $599,498▼25.0% | $735,037▼25.8% | 990 |
| 2012 | — | $415,677▲14.3% | $799,357▼21.1% | $991,102▼11.6% | 990 |
| 2011 | — | $363,798▲180% | $1,013,368▼11.7% | $1,120,998▼3.0% | 990 |
| 2010 | — | $130,021 | $1,147,406 | $1,155,806 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
5 grants to Food Co-op Initiative totaling $179K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Denver Foundation | Management & technical assistance | 2023 | $140,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $5,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $13,900 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $13,900 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $6,000 |
Explore more
Data for Food Co-op Initiative (EIN 27-2252564) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.