World Central Kitchen

According to the World Central Kitchen audit of December 31, 2020 (Note 7, In-Kind Contributions):

"The Organization received meal delivery service for 300,000 meals during the year ended December 31, 2020. The fair value of the contributed delivery services totaled $2,250,000. The Organization did not receive contributed delivery services in 2019. 

"In addition to these delivery services received in 2020, the Organization received items and services such as kitchen supplies and discounts for lodging while carrying out its mission as well as office space. 

"A total of $3,182,724 and $76,081 is recorded as in-kind contributions and included in program expenses in the [audited] statement of activities for the years ended December 31, 2020 and 2019, respectively."

[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 World Central Kitchen audit of December 31, 2020 (Note 14, Risks and Uncertainties):

"In March 2020, the World Health Organization declared the outbreak of a novel coronavirus (COVID-19) as a pandemic, which continues to spread throughout the United States. The spread of COVID-19 has caused significant volatility in the U.S. and international markets. There is significant uncertainty around the breadth and duration of business disruptions related to COVID-19, as well as its impact on the U.S. and international economies, and such, the Organization is unable to determine if it will have a material impact on its operations."

According to the World Central Kitchen audit of December 31, 2020 (Note 15, Subsequent Events):

"World Central Kitchen Delegacion De Fundacion Extranjera En Espana ('World Central Kitchen Spain') and World Central Kitchen Haiti, both wholly owned subsidiaries of World Central Kitchen, Inc. were formally registered with their respective foreign governments on April 1, 2021 and July 14, 2021, respectively.

"The Organization has evaluated events and transactions for potential recognition or disclosure through November 23, 2021, the date the [audited] financial statements were available to be issued, and concluded that there were no additional subsequent event disclosures requiring adjustment or disclosure."

According to the World Central Kitchen (WCK) 2020 tax filing, WCK reports re: Compensation, Supplemental Information (IRS Form 990, Schedule J, Part III):

Regarding nonfixed payments to officers, directors, trustees, key employees and highest compensated employees (Schedule J, Part I, Line 7):

"At the board's discretion, certain officers and employees may earn a bonus for exceeding agreed-upon goals."

WCK reports "Bonus & incentive compensation" payments to two individuals in 2020. The reported "Bonus & incentive compensation" amounts are $10,000 and $7,000, and the associated reported total compensation in 2020 for those individuals is $152,539 and $160,937, respectively (IRS Form 990, Schedule J, Part II).