Meds & Food for Kids
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Meds & Food for Kids does not meet the following 1 Standards for Charity Accountability:
Standard 7 (Board Approval of Written Report on Effectiveness)
Submit to the organization's governing body, for its approval, a written report that outlines the results of the aforementioned performance and effectiveness assessment and recommendations for future actions.
MFK does not meet this Standard because:
- Although the organization produced a written report of its December 2024 effectiveness assessment, the report did not include recommendations for future actions.
Meds & Food for Kids meets the remaining 19 Standards for Charity Accountability.
Stated Purpose:
"to treat childhood malnutrition and illness internationally."
Year, State Incorporated:
2004, MO
Meds & Food for Kids (MFK) reports that it provides malnourished children, pregnant, and nursing women, and school children in Haiti with medical services, education, and a peanut butter product fortified with nutritional supplements (Mamba) that restores them to health within the family setting. The organization also helps build skills and impart knowledge to Haitian men and women and encourages farmers to source local raw materials to help break the cycle of poverty and stimulate economic development. MFK manufactures and distributes ready-to-use therapeutic foods and ready-to-use supplementary foods to treat malnutrition, creates factory jobs and provides trainings, educates peanut farmers in modern methods of agriculture, and researches and develops new therapeutic and nutritious products.
For the year ended September 30, 2024, Meds & Food for Kids's program expenses were:
| Program services | $6,218,414 |
| Total Program Expenses | $6,218,414 |
Chief Executive
Chris Greene, Chief Executive Officer
Compensation*
$129,128
Chair of the Board
Linda Locke
Chair's Profession / Business Affiliation
Communications Consultant
Board Size
16
Paid Staff Size
7
*2023 compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Method(s) Used:
Direct mail appeals, Grant proposals, Internet, Direct mail appeals, Radio, Foundation grants
Fundraising costs were 19% of related contributions. (Related contributions, which totaled $2,145,897, are donations received as a result of fundraising activities.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Meds & Food for Kids's audited financial statements for the year ended September 30, 2024.
Source of Funds
| Gain on sale of stock | $14 |
| Other revenue | $7,079 |
| In-kind contributions | $30,075 |
| Investment income | $43,022 |
| Rental income | $84,932 |
| Fundraising events | $157,892 |
| Grants | $432,457 |
| Contributions | $1,525,473 |
| Mamba sales | $4,082,532 |
| Total Income | $6,363,476 |
Programs: 88% Fundraising: 6% Administrative: 5%
| Total Income | $6,363,476 |
| Total expenses: | $7,030,480 |
| Program expenses | $6,218,414 |
| Fundraising expenses | $414,593 |
| Administrative expenses | $370,216 |
| Other expenses | $27,257 |
| Income in Excess of Expenses | $-667,004 |
| Beginning Net Assets | $8,175,803 |
| Other Changes In Net Assets | $-4,044 |
| Ending Net Assets | $7,504,755 |
| Total Liabilities | $1,948,284 |
| Total Assets | $9,453,039 |
Note 1: As noted in the financial section above, "other changes in net assets" refers to loss on currency conversion.
Note 2: In the financial section above, “other expenses” refers to facility rental.
Note 3: According to the organization's audited financial statements for the year ended September 30, 2024, MFK received in-kind gifts totaling $30,075 in the form of services ($29,023) and stock ($1,052).
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Wise Giving Alliance