| FORM 990, PART III, LINE 4A |
FEED MY STARVING CHILDREN (FMSC) IS A CHRISTIAN NON-PROFIT ORGANIZATION COMMITTED TO FEEDING GOD'S STARVING CHILDREN HUNGRY IN BODY AND SPIRIT. DUE TO THE CURRENT STATE OF MALNUTRITION WORLDWIDE, ONE OUT OF FOUR CHILDREN IS "STUNTED" - THEY DO NOT RECEIVE ENOUGH ESSENTIAL NUTRIENTS TO GROW HEALTHY, AND AS A RESULT, BRAIN DEVELOPMENT COMES TO A HALT. WE BELIEVE THAT ALL PROGRESS STARTS WITH NUTRITION - IT ALLOWS CHILDREN TO DEVELOP TO THEIR FULL POTENTIAL. VOLUNTEERS OF ALL AGES JOIN US AND TURN HUNGER INTO HOPE WITH THEIR OWN TWO HANDS BY HAND-PACKING SPECIAL MEAL FORMULAS SCIENTIFICALLY DESIGNED TO MEET THE NEEDS OF SEVERELY MALNOURISHED CHILDREN, REVERSE THE EFFECTS OF MALNUTRITION AND PREVENT IT IN THE FUTURE. THE MEALS ARE THEN SHIPPED TO AN EXCEPTIONAL NETWORK OF MISSIONS AND HUMANITARIAN ORGANIZATIONS LOCATED IN NEARLY 70 COUNTRIES AROUND THE WORLD, AND ARE USED BY SCHOOLS, ORPHANAGES, CLINICS AND FEEDING PROGRAMS. FMSC PROVIDED 388.5 MILLION MEALS TO OUR NETWORK OF PARTNERS DURING FY2021-22. FMSC WELCOMED 475 THOUSAND VOLUNTEERS TO PACKAGE MEALS AT OUR PERMANENT SITES AND MOBILEPACK EVENTS. WE CURRENTLY OPERATE OUT OF EIGHT PERMANENT SITES: COON RAPIDS, EAGAN AND CHANHASSEN, MINNESOTA; AURORA, LIBERTYVILLE AND SCHAUMBURG, ILLINOIS; RICHARDSON, TEXAS; AND MESA, ARIZONA. WE ALSO OFFER THE OPTION TO HOST A MOBILEPACK, WHICH GIVES CHURCHES, SCHOOLS, BUSINESSES AND OTHER ORGANIZATIONS (LOCATED ANYWHERE IN THE CONTINENTAL UNITED STATES) THE CHANCE TO SPONSOR A PACKING EVENT WITH FMSC AND HELP RAISE AWARENESS IN THEIR OWN COMMUNITIES. THE GOAL OF FMSC IS TO MEET THE NEEDS OF THOSE WHO ARE STARVING NOW, SO THEY CAN MEET THEIR OWN NEEDS IN THE FUTURE. WE HAVE RECEIVED A FOUR-STAR RATING FROM CHARITY NAVIGATOR FOR SIXTEEN CONSECUTIVE YEARS, AND 99.8% OF OUR MEALS HAVE SUCCESSFULLY REACHED THEIR INTENDED RECIPIENTS. |
| FORM 990, PART III, LINE 4B |
THE ORGANIZATION ALSO SUPPORTS ECONOMIES WHERE IT DISTRIBUTES MEALS BY PURCHASING HANDMADE CRAFTS AND RESELLING THEM IN ITS MARKETPLACE, AVAILABLE AT ALL PACKING SITES, ONLINE, AND MOST MOBILE PACKING EVENTS. THE GOALS OF MARKETPLACE ARE TWO-FOLD, FIRST TO PROMOTE SELF-SUFFICIENCY IN THE COMMUNITIES FMSC SERVES, WHICH WILL IN TURN CONTRIBUTE TO THE GOAL OF COMBATING HUNGER, AND SECOND, TO EDUCATE THE ORGANIZATION'S VOLUNTEERS ABOUT THE PEOPLE THEY ARE HELPING FEED AND PROVIDE A TANGIBLE CONNECTION TO THOSE INDIVIDUALS. |
| FORM 990, PART VI, SECTION B, LINE 11B |
PROCESS THE ORGANIZATION USES TO REVIEW FORM 990: A COPY OF FORM 990 IS INTERNALLY REVIEWED BY THE CEO AND THE VP OF FINANCE. IT IS THEN REVIEWED AND APPROVED BY THE AUDIT AND IT COMMITTEE (TO WHOM THE BOARD HAS DELEGATED THIS AUTHORITY). THE APPROVED 990 IS SENT TO THE BOARD OF DIRECTORS TO READ AND ASK ANY QUESTIONS THEY MIGHT HAVE PRIOR TO FILING THE RETURN WITH THE IRS. AFTER ALL QUESTIONS ARE ANSWERED, THE 990 IS FINALIZED. A FINAL, SIGNED COPY OF THE 990 IS PROVIDED TO THE BOARD OF DIRECTORS UPON FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C |
CONFLICT OF INTEREST POLICY/ENFORCEMENT: IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, AN INTERESTED PERSON (AS DEFINED IN THE POLICY) MUST DISCLOSE THE EXISTENCE OF HIS OR HER FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS RELATING TO HIS OR HER FINANCIAL INTEREST TO THE DIRECTORS OR MEMBERS OF COMMITTEES WITH BOARD-DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. |
| FORM 990, PART VI, SECTION B, LINE 15 |
PROCESS FOR DETERMINING COMPENSATION: ANNUALLY THE BOARD APPROVES A TOTAL BUDGET TO BE ALLOCATED FOR COMPENSATION INCREASES ACROSS THE ENTIRE EMPLOYEE POPULATION. THE CEO IS ALLOCATED THE SAME PERCENTAGE AS ALL OTHER MANAGERS TO AWARD AT THEIR DISCRETION TO EACH MEMBER OF THE EXECUTIVE STAFF. THE CEO EVALUATES EXECUTIVE STAFF MEMBERS PERFORMANCE AND AWARDS A MERIT BASED ON INDIVIDUAL PERFORMANCE AND MARKET STANDARDS. THE CEO IS GIVEN A PERFORMANCE APPRAISAL BY THE BOARD CHAIR BASED ON THE INPUT FROM THE EXECUTIVE COMMITTEE OF THE BOARD AND THE FULL BOARD. THE EXECUTIVE COMMITTEE OF THE BOARD REVIEWS THE ANALYSIS PROVIDED BY THE ASSIGED HUMAN RESOURCE REPRESENTATIVE OR THIRD PARTY SOURCE FOR THE CEO. NEW COMPENSATION AMOUNT FOR THE CEO IS RECOMMENDED BY THE EXECUTIVE COMMITTEE TO THE ENTIRE BOARD AND APPROVED, DISAPPROVED, OR NEW AMOUNT RECOMMENDED. |
| FORM 990, PART VI, SECTION C, LINE 18 |
HOW FORM 1023 AND 990 ARE PROVIDED TO THE PUBLIC: COPIES OF ALL INFORMATION ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH GUIDESTAR AND CHARITY REVIEW COUNCIL, AS WELL AS ON THE ORGANIZATION'S WEBSITE. |
| FORM 990, PART VI, SECTION C, LINE 19 |
HOW GOVERNING DOCUMENTS, COI POLICY, AND FINANCIAL STATEMENTS ARE PROVIDED TO THE PUBLIC: COPIES OF ALL INFORMATION ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE MADE AVAILABLE THROUGH GUIDESTAR AND CHARITY REVIEW COUNCIL, AS WELL AS ON THE ORGANIZATION'S WEBSITE. |
| FORM 990, PART VIII - GROSS SALES AND COST OF GOODS SOLD |
1,635,227 GROSS SALES LESS RETURNS AND ALLOWANCES 328,907 INVENTORY AT BEGINNING OF YEAR 969,125 PURCHASES ----------- 1,298,032 SUBTOTAL 409,710 MINUS ENDING INVENTORY ----------- 888,322 COST OF GOODS SOLD |
| PART VIII, LINE 1E AND SCHEDULE B - GOVERNMENT GRANTS |
THE AMOUNT REPORTED ON PART VIII, LINE 1E AND SCHEDULE B INCLUDES THE FOLLOWING GOVERNMENT GRANTS: PAYCHECK PROTECTION PROGRAM (PPP) LOAN FORGIVENESS - $2,617,432 EMPLOYEE RETENTION CREDIT (ERC) - $1,291,718 |
Attach to Form 990 or 990-EZ.