Rescuing Leftover Cuisine, Inc.
Meets Standards
Standards For Charity Accountability
Governance
-
Board Oversight
-
Board Size
-
Board Meetings
-
Board Compensation
-
Conflict of Interest
Measuring Effectiveness
-
Effectiveness Policy
-
Effectiveness Report
Finances
-
Program Expenses
-
Fundraising Expenses
-
Accumulating Funds
-
Audit Report
-
Detailed Expense Breakdown
-
Accurate Expense Reporting
-
Budget Plan
Fundraising & Info
-
Truthful Materials
-
Annual Report
-
Website Disclosures
-
Donor Privacy
-
Cause Marketing Disclosures
-
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
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.
