According to the Feed My Starving Children (FMSC) audit of February 28, 2019 (Note 1, In-kind contributions), FMSC received in-kind donated goods and services in fiscal 2019 on which it placed a total value of $28,374,422, including $28,132,688 in donated labor (at $11.38 per volunteer hour). [Note: CharityWatch generally excludes the value of in-kind (non-cash) donations of goods and services from its calculations of Program % and Cost to Raise $100. More information on how grades are calculated and the treatment of in-kind donations can be found on the Our Process page.] |
According to the Feed My Starving Children audit of February 28, 2019 (Note 11, Purchase Commitments): "As of February 28, 2019, the Organization's future obligation for the purchase of raw materials under contracts totaled approximately $7.7 million." |
According to the Feed My Starving Children (FMSC) tax filing for the fiscal year ended February 28, 2019, FMSC reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III): Regarding the organization paying or accruing compensation to officers, directors, trustees, key employees and highest compensated employees contingent on the revenues of the organization (IRS Form 990, Schedule J, Part I, Line 5a): "The Organization accrues an annual incentive based on the attainment of certain organizational goals including revenues raised, meals produced and expense management."
FMSC reports "Bonus & incentive compensation" payments to five individuals in calendar year 2018. The CEO, Mark Crea, received a reported $40,800 and had reported total compensation of $267,286. The other four reported "Bonus & incentive compensation" payments ranged from $17,228 to $13,341, with associated total compensation ranging from $201,417 to $154,081 (IRS Form 990, Schedule J, Part II). |