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CHARITY REVIEW
Issued: November 2023 Expires: November 2025

Rescuing Leftover Cuisine, Inc.

Accredited Charity
Accredited Charity

Meets Standards

25 Broadway, 12th Floor
New York, NY, 10004

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

Rescuing Leftover Cuisine, Inc. meets the 20 Standards for Charity Accountability.

Stated Purpose:
"To redistribute excess food to people experiencing food insecurity."

Year, State Incorporated:
2013, NY

RLC is a 501(c)(3) nonprofit food rescue organization that aims to make hunger a thing of the past by being the critical link between excess food and the people who need it most. RLC uses a custom web application to crowdsource community members as rescuers to transport high-quality food from Food Donor partners to Nonprofit Recipients. Our technology platform provides an efficient, streamlined user experience for all participants, each of whom are equipped with an online account and dashboard to view real-time metrics, schedule and cancel food donations, and more, in our efforts to feed people instead of landfills.

For the year ended December 31, 2022, Rescuing Leftover Cuisine, Inc.'s program expenses were:

Programs $6,082,179
Total Program Expenses $6,082,179

Chief Executive
Robert Lee, CEO

Compensation*
$106,503

Chair of the Board
Mr. Ashish Contractor, Managing Director

Chair's Profession / Business Affiliation
Moelis & Company

Board Size
15

Paid Staff Size
15

* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.

Method(s) Used:
Grant proposals

% of Related Contributions on Fundraising: 3.92%

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 Rescuing Leftover Cuisine, Inc.'s audited financial statements for the year ended December 31, 2022.

Source of Funds
Contributed Goods and Services $5,005,363
Contributions $1,439,937
Earned Income $141,411
Special Events $38,618
Dividend and Interest Income $296
Unrealized Loss on Investments $-8,442
Total Income $6,617,183

Programs: 92% Fundraising: 4% Administrative: 4%

Total Income $6,617,183
Total expenses: $6,583,973
  Program expenses $6,082,179
  Fundraising expenses $254,074
  Administrative expenses $247,720
  Other expenses $0
Income in Excess of Expenses $33,210
Beginning Net Assets $1,056,371
Other Changes In Net Assets $0
Ending Net Assets $1,089,581
Total Liabilities $67,452
Total Assets $1,157,033

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.

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Report completed by:
BBB Foundation of Metropolitan New York