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Nonprofit · EIN 27-3386905

EAT FOR EQUITY INC

Tax-exempt · MINNEAPOLIS, MN 55408

Financials

$94K$103K2022$72K$103K2023$89K$104K2024
Revenue Expenses · by fiscal year end
Financials of EAT FOR EQUITY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$89,210$104,168-$14,958$7,413$30,882-$23,469
December 31, 2023990-EZ$71,992$102,812-$30,820$6,404$23,051-$16,647
December 31, 2022990-EZ$94,325$102,655-$8,330$29,443$14,687$14,756
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$13,140
Program service revenue
$66,950
Other revenue
$9,120

Expenses

Grants and similar amounts paid
$5,500
Compensation of officers, directors and key employees
$49,161
Salaries, compensation and benefits (total)
$56,604
Professional fees and payments to contractors
$9,886
Occupancy
$17,661
Printing, publications and postage
$1,929
Other expenses
$12,588
Program services (functional)
$74,982

Balance sheet and other

Total assets, start of year
$6,404
Total assets, end of year
$7,413
Total liabilities, end of year
$30,882
Net assets, end of year
-$23,469
Cash, savings and investments
$6,261
Gross receipts
$89,210

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
EMILY TORGRIMSONEXECUTIVE DIRECTOR40$49,161$2,605
EMILIE HITCHCO-DIRECTOR1$0$0
CHRISSY HARRISBOARD MEMBER1$0$0
FUN FUN CHENGBOARD MEMBER1$0$0
ABIGAIL SUGAHARASECRETARY1$0$0
JENNY BREENBOARD MEMBER1$0$0
TOM PFANNENSTIELBOARD MEMBER1$0$0
990-EZ for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensationOther / benefits
EMILY TORGRIMSONEXECUTIVE DIRECTOR40$51,128$8,354
EMILIE HITCHCO-DIRECTOR1$0$0
CHRISSY HARRISBOARD MEMBER1$0$0
FUN FUN CHENGBOARD MEMBER1$0$0
ABIGAIL SUGAHARASECRETARY1$0$0
JENNY BREENBOARD MEMBER1$0$0
TOM PFANNENSTIELBOARD MEMBER1$0$0
990-EZ for the year ended December 31, 2022: 7 people
NameTitleHours / weekCompensationOther / benefits
EMILY TORGRIMSONEXECUTIVE DIRECTOR40$51,804$2,204
EMILIE HITCHCO-DIRECTOR1$0$0
ABIGAIL SUGAHARASECRETARY1$0$0
TOM PFANNENSTIELBOARD MEMBER1$0$0
JENNY BREENBOARD MEMBER1$0$0
FUN FUN CHENGBOARD MEMBER1$0$0
CHRISSY HARRISBOARD MEMBER1$0$0

Address and contacts

Address (IRS master file)
2940 HARRIET AVE, MINNEAPOLIS, MN 55408-2237
In care of
% EMILY TORGRIMSON
Mailing address (990-N for 2011)
31660 County 12, Lanesboro MN 55949
Principal officer (990-N for 2011)
Matthew Hauck, 3921 E 26th Street, Minneapolis MN 55406
Signed the 990-EZ
EMILY TORGRIMSON, EXECUTIVE DIRECTOR
Phone
(617) 780-9824
Return prepared by
MAHONEY ULBRICH CHRISTIANSEN & RUSS PA

Mission

EAT FOR EQUITY BUILDS A CULTURE OF GENEROSITY THROUGH SUSTAINABLE COMMUNITY FEASTS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • BONNAROO COMMUNITY FEASTSEAT FOR EQUITY PARTNERED WITH BONNAROO MUSIC FESTIVAL IN 2024, OUR 11TH TIME HOSTING COMMUNITY FUNDRAISING DINNERS IN THE MIDDLE OF THE MUSIC FESTIVAL. WE BROUGHT TOGETHER A TEAM OF VOLUNTEER COOKS TO MAKE TWO FOUR-COURSE FEASTS AND AN EPIC SALAD FOR HUNDREDS OUT OF A 90 DEGREE TENT IN TENNESSEE. WE ALSO GET TO WORK WITH ROCK STARS AT BONNAROO, WITH CONTRIBUTIONS FROM ARTISTS FOR SOME MENU ITEMS, LIKE MAGGIE ROSE'S LEMONY VINAIGRETTE.IN 2024, 82% OF OUR FOOD DOLLARS WERE SPENT ON EITHER LOCAL OR ORGANIC FOOD. WE PRIORITIZED PURCHASING INGREDIENTS FROM THE TENNESSEE FARMERS AND SMALL BUSINESSES THAT HAVE PROVIDED FOOD FOR THE DINNERS EACH YEAR.EAT FOR EQUITY CATERINGEAT FOR EQUITY CATERING IS A SEPARATE BENEFIT CORPORATION OWNED BY EAT FOR EQUITY, AND BECAME A SEPARATE ENTITY IN JANUARY 2018. WHILE A SEPARATE COMPANY, EAT FOR EQUITY IS THE OWNER OF EAT FOR EQUITY CATERING, AND SO WE'LL HIGHLIGHT HERE THE VALUES-DRIVEN WORK OF THE COMPANY: EAT FOR EQUITY CATERING PROMOTES AND MODELS EQUITABLE AND SUSTAINABLE FOOD SOURCING, PROVIDES ACCESS TO CONSCIOUS FOOD CHOICES, AND USES CATERING TO SUPPORT LOCAL NONPROFIT CAUSES. OUR VALUES ARE SUSTAINABILITY, DIVERSITY, GENEROSITY, INCLUSION, AND COLLABORATION.SLIDING SCALE MEAL BOXESEAT FOR EQUITY CATERING MAKES DELICIOUS, SUSTAINABLE PREPARED FOOD ACCESSIBLE TO OUR COMMUNITY AT A SLIDING SCALE. WE ENGAGE OUR COMMUNITY TO PROVIDE FOR OUR COMMUNITY - OUR CUSTOMERS CAN CHOOSE TO PAY IT FORWARD SO OTHERS CAN PAY WHAT THEY CAN. OUR MEAL BOX PROGRAM INCLUDES BOTH PAY-WHAT-YOU-CAN AND PAY-IT-FORWARD OPTIONS, SO ALL OUR CUSTOMERS CAN ACCESS GOOD, NUTRITIOUS FOOD. EAT FOR EQUITY CATERING SOURCES FRESH, LOCAL AND ORGANIC INGREDIENTS AND FEATURE A NEW MENU EACH WEEK. OUR GOAL HAS ALWAYS BEEN TO MAKE GOOD FOOD AS ACCESSIBLE AS POSSIBLE, BY PROVIDING OPTIONS THAT ARE AFFORDABLE TO A WIDE RANGE OF CLIENTS. IN 2024, WE PREPARED 665 WHOLE BOXES AND 633 HALF BOXES, WHICH WE ESTIMATE AS JUST UNDER 12,000 MEALS, ALL OFFERED ON A SLIDING SCALE.OUR CUSTOMERS RESPONDED GENEROUSLY TO A PAY-IT-FORWARD OPTION, PAYING MORE THAN THE"REGULAR PRICE" TO BE ABLE TO OFFSET THE COST OF THE PAY-WHAT-YOU-CAN OPTION FOR OTHERS IN OUR COMMUNITY. THIS SPIRIT OF GENEROSITY IS CORE TO OUR VALUES AS A COMPANY, ROOTED IN OUR PARENT NONPROFIT'S MISSION TO BUILD A CULTURE OF GENEROSITY THROUGH SUSTAINABLE COMMUNITY FEASTS.FOR EXAMPLE, WITH OUR HALF MEAL BOX OPTION, JUST OVER 50% OF OUR CUSTOMERS CHOSE APAY-IT-FORWARD OPTION [RANGING FROM $5-$10 MORE A BOX] TO OFFSET THE COST OF PAY-WHAT-YOU-CAN OPTIONS. WITH OUR WHOLE MEAL BOX, OUR MOST POPULAR OPTION, 35% OF CUSTOMERS CHOSE A PAY-IT-FORWARD OPTION [RANGING FROM $5-$20 MORE / BOX] TO OFFSET THE COST OF THE PAY-WHAT-YOU-CAN OPTIONS.FREE PREPARED MEALSOUR CONTINUED WORK WITH KITCHEN COALITION [FORMERLY NAMED MINNESOTA CENTRAL KITCHEN] AND SECOND HARVEST HEARTLAND RECOGNIZES THAT HUNGER ISN'T JUST ABOUT ACCESS TO FOOD. IN 2024, KITCHEN COALITION REACHED THE MILESTONE OF 6 MILLION MEALS SERVED.IN 2024, EAT FOR EQUITY CATERING PROVIDED 32,158 OF THOSE FREE PREPARED MEALS. EAT FOR EQUITY CATERING HAS BEEN A KITCHEN COALITION PARTNER SINCE 2020. WE PREPARE 600-800 MEALS A WEEK THAT ARE DISTRIBUTED TO OUR NEIGHBORS EXPERIENCING FOOD INSECURITY. WE'RE PART OF A NETWORK OF LOCAL RESTAURANTS AND CATERERS WHO TURN FOOD BANK INGREDIENTS INTO NUTRITIOUS, FRESHLY PREPARED MEALS. "I FEEL VERY LUCKY THAT MY VERY SMALL STAFF OF TWO PEOPLE ENJOY THE CREATIVITY OF TURNING THESE INGREDIENTS INTO SOMETHING REALLY EXCITING TO PREPARE AND EXCITING FOR PEOPLE TO EAT. I LIKE MAKING MEALS THAT ARE SEASONAL AND USE FLAVORS THAT ARE AVAILABLE. THAT'S WHERE I START WHEN I CREATE MENUS." - MARISOL HERLING, EAT FOR EQUITY CATERING CHEFIN 2024, EAT FOR EQUITY CATERING BEGAN A PARTNERSHIP WITH THE SANNEH FOUNDATION TO MAKE FREE PREPARED MEALS FOR THEIR COMMUNITY. SANNEH FOUNDATION HAS COMMUNITY FOOD DISTRIBUTION SITES THROUGHOUT THE TWIN CITIES.WE PURCHASE 100% OF THE INGREDIENTS FOR THE MEALS, AND DURING THE GROWING SEASON, HAVE BEEN ABLE TO PURCHASE LOCALLY GROWN PRODUCE. MEALS ARE DISTRIBUTED THROUGH SANNEH FOUNDATION'S COMMUNITY FOOD DISTRIBUTIONS THROUGHOUT THE TWIN CITIES. THEIR DISTRIBUTIONS ARE OPEN TO ANYONE IN NEED OF FOOD, NO DOCUMENTATION NEEDED, AND REGARDLESS OF WHERE A PERSON LIVES. MANY OF THE MEALS ARE SENT TO OPEN CUPBOARD FOOD PANTRY IN OAKDALE, WITH A FOCUS ON FRESH FOOD, PRODUCE, MEAT, DAIRY, AND BAKERY ITEMS.OUR MEALS FOR THE SANNEH FOUNDATION MEALS ARE DESIGNED FOR ECUADORIAN AND LATINOCOMMUNITIES. SOME COMMON MENU ITEMS INCLUDE LOCRO DE PAPA (STEWED POTATOES AND CHEESE WITH CHICKEN AND RICE), CASAMIENTO RED BEANS AND BEEF WITH PEPPERS AND RICE, AND PORK AND VEGETABLE RAGU WITH GRITS.KITCHEN COMMISSARYIN 2023, EAT FOR EQUITY CATERING MOVED INTO A COMMERCIAL KITCHEN IN THE UPTOWN AREA OF MINNEAPOLIS AND MADE THAT KITCHEN A SHARED COMMISSARY KITCHEN FOR OTHER FOOD BUSINESSES AND CHEFS.EAT FOR EQUITY AND EAT FOR EQUITY CATERING HAVE ALWAYS SHARED KITCHEN SPACES WITH OTHERS, FROM THROWING FUNDRAISING PARTIES IN HOME KITCHENS TO OUR FIRST COMMERCIAL KITCHEN SPACE AT CITY FOOD STUDIO ALMOST 10 YEARS AGO. WE LEARNED A LOT ABOUT THE KIND OF SPACE AND CULTURE WE WANTED TO CREATE IN OUR KITCHEN. WE WANTED TO DESIGN A SHARED KITCHEN MODEL THAT WAS EQUITABLE AND COULD SUPPORT BUSINESSES AT DIFFERENT STAGES OF GROWTH.OUR GOAL WAS TO CREATE A PRODUCTIVE, SAFE, AND WELCOMING KITCHEN FOR OUR BUSINESS AND OTHERS. WE WANTED TO SHARE AFFORDABLE COMMERCIAL KITCHEN SPACE TO SUPPORT THE GROWTH OF WOMEN AND BIPOC CHEFS AND SMALL FOOD BUSINESSES. IN 2024, OF THE THIRTEEN FOOD BUSINESSES THAT WORKED IN THE KITCHEN AT SOME POINT IN THE YEAR, 85% ARE BIPOC OR WOMEN-OWNED /RUN BUSINESSES.BY MAKING AFFORDABLE COMMERCIAL KITCHEN SPACE AVAILABLE FOR LOCAL SMALL BUSINESSES, WE ARE PROVIDING THE SPACE FOR THEM TO MAKE GREAT, SUSTAINABLE FOOD. WE'VE DESIGNED OUR MODEL SO THAT REGULAR KITCHEN USERS HAVE 24/7 ACCESS AND UNLIMITED TIME (INSTEAD OF BEING BILLED BY THE HOUR OR THE DAY). DIFFERENCES IN RATES ARE AROUND LEVEL OF PRIORITY ACCESS, STORAGE NEEDS, AND OPTIONS FOR USING OPEN SPACE, DEDICATED SPACE, OR EXCLUSIVE SPACE. KITCHEN USERS CAN BUILD THEIR BUSINESS BY RENTING PRIVATE OFFICE SUITES,SHARING OFFICE SPACE, OR USING THE LOBBY FOR PICKUP/DELIVERY OR MEETING SPACE.WE OFFER EXCLUSIVE SPACE, DEDICATED SPACE, AND OPEN SPACE TO FIT THE NEEDS OF BUSINESSES AT DIFFERENT STAGES. MANY COMMISSARY KITCHENS DO NOT ALLOW BUSINESSES TO LEAVE ANY EQUIPMENT OR FOOD IN COMMON SPACES, AND STORAGE SPACE MAY BE FAR AWAY OR ON ANOTHER LEVEL FROM PRODUCTION SPACE.WE WANT TO MAKE OUR KITCHEN ACCESSIBLE, WHILE ALSO UNDERSTANDING ITS VALUE AND THE COST OF RUNNING A PROFESSIONAL, FUNCTIONAL COMMERCIAL KITCHEN. WE BUILT INTO OUR MODEL SIGNIFICANT DISCOUNTS TO KITCHEN USERS FOR CLEANING CHORES, SIGNING AN ANNUAL AGREEMENT, WORKING IN OFF-HOURS TIME, AND FOR EMERGING NEW BUSINESSES. WE GAVE OUT $29,775 IN DISCOUNTS TO KITCHEN USERS IN 2024, AN INCREASE OF 38% FROM THE PREVIOUS YEAR, 21,473.CATERINGEAT FOR EQUITY CATERING IS NOT CURRENTLY OFFERING OFF-SITE CATERING SERVICE. WE CONTINUE TO OFFER PICK-UP OR DELIVERY CATERING ON A LIMITED BASIS, AS WE HAVE SHIFTED MUCH OF OUR FOCUS TOWARD MEAL BOXES AND COMMUNITY FOOD RELIEF.
    Expenses $74,982

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
27-3386905
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P123)
Assets (IRS master file)
$7,413
Income (IRS master file)
$89,210

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$89,210$104,168$7,413XML
990-EZDecember 2023$71,992$102,812$6,404XML
990-EZDecember 2022$94,325$102,655$29,443XML
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––IRS
990-N for 2011
Officer: Matthew Hauck
December 31, 2011≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-3386905).

Questions about EAT FOR EQUITY INC

What is the EIN of EAT FOR EQUITY INC?
The employer identification number (EIN) of EAT FOR EQUITY INC is 27-3386905.
Is EAT FOR EQUITY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to EAT FOR EQUITY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EAT FOR EQUITY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of EAT FOR EQUITY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EAT FOR EQUITY INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of EAT FOR EQUITY INC?
The 990-N for 2011 names Matthew Hauck.
Who are the officers and directors of EAT FOR EQUITY INC?
The 990-EZ for the year ended December 31, 2024 lists 7 people; 1 received compensation from the organization, the highest $49,161 (EMILY TORGRIMSON, EXECUTIVE DIRECTOR).
How much revenue does EAT FOR EQUITY INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $89,210, expenses of $104,168 and total assets of $7,413 at year end.

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