Soil2Service, Inc
Improving the human condition through all things food!
Soil2Service, Inc
EIN: 82-3851751
as of September 2024
as of September 09, 2024
Mission
Providing education, awareness and experiences designed to enhance the livelihood of individuals and communities while supporting a sustainable food system.
Ruling year
2019
Principal Officer
Jeremy Abbey
Main address
2211 Gratiot Ave.
Detroit, MI 48207 USA
EIN
82-3851751
Higher education
Population served
Adults
NTEE code
Higher Education Institutions (B40)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Programs and results
What we aim to solve
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Detroit Institute of Gastronomy
Hands On, Multi-Sensory, Online Culinary Apprentice Program
Where we work
Financials
Financial documents
Download audited financialsRevenue vs. expenses: breakdown
Liquidity in 2023 info
0.37
Months of cash in 2023 info
2.5
Fringe rate in 2023 info
0%
Funding sources info
Assets & liabilities info
Financial data
Soil2Service, Inc
Balance sheetFiscal Year: Jan 01 - Dec 31
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal Year: Jan 01 - Dec 31
This snapshot of Soil2Service, Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.
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Business model indicators
| Profitability info | 2021 | 2022 | 2023 |
|---|---|---|---|
| Unrestricted surplus (deficit) before depreciation | $42,074 | $7,534 | $21,084 |
| As % of expenses | 16.7% | 2.2% | 7.2% |
| Unrestricted surplus (deficit) after depreciation | $27,741 | -$6,799 | $6,751 |
| As % of expenses | 10.4% | -1.9% | 2.2% |
| Revenue composition info | |||
|---|---|---|---|
| Total revenue (unrestricted & restricted) | $294,441 | $349,284 | $313,223 |
| Total revenue, % change over prior year | 0.0% | 18.6% | -10.3% |
| Program services revenue | 98.7% | 100.0% | 91.6% |
| Membership dues | 0.0% | 0.0% | 0.0% |
| Investment income | 0.0% | 0.0% | 8.4% |
| Government grants | 0.0% | 0.0% | 0.0% |
| All other grants and contributions | 0.0% | 0.0% | 0.0% |
| Other revenue | 1.2% | 0.0% | 0.0% |
| Expense composition info | |||
|---|---|---|---|
| Total expenses before depreciation | $252,367 | $341,750 | $292,139 |
| Total expenses, % change over prior year | 0.0% | 35.4% | -14.5% |
| Personnel | 14.8% | 14.2% | 10.4% |
| Professional fees | 0.0% | 0.0% | 0.0% |
| Occupancy | 6.8% | 2.9% | 3.3% |
| Interest | 0.0% | 0.0% | 0.0% |
| Pass-through | 0.0% | 0.0% | 0.0% |
| All other expenses | 78.4% | 82.9% | 86.2% |
| Full cost components (estimated) info | 2021 | 2022 | 2023 |
|---|---|---|---|
| Total expenses (after depreciation) | $266,700 | $356,083 | $306,472 |
| One month of savings | $21,031 | $28,479 | $24,345 |
| Debt principal payment | $0 | $0 | $0 |
| Fixed asset additions | $0 | $0 | $0 |
| Total full costs (estimated) | $287,731 | $384,562 | $330,817 |
Capital structure indicators
| Liquidity info | 2021 | 2022 | 2023 |
|---|---|---|---|
| Months of cash | 4.2 | 0.6 | 2.5 |
| Months of cash and investments | 4.2 | 0.6 | 2.5 |
| Months of estimated liquid unrestricted net assets | 2.4 | 1.6 | 2.1 |
| Balance sheet composition info | 2021 | 2022 | 2023 |
|---|---|---|---|
| Cash | $88,053 | $15,910 | $61,822 |
| Investments | $0 | $0 | $0 |
| Receivables | $0 | $0 | $7,361 |
| Gross land, buildings, equipment (LBE) | $13,011 | $13,011 | $13,011 |
| Accumulated depreciation (as a % of LBE) | 100.0% | 100.0% | 100.0% |
| Liabilities (as a % of assets) | 81.8% | 80.2% | 78.6% |
| Unrestricted net assets | $0 | $0 | $0 |
| Temporarily restricted net assets | N/A | N/A | N/A |
| Permanently restricted net assets | N/A | N/A | N/A |
| Total restricted net assets | $0 | $0 | $0 |
| Total net assets | $51,357 | $44,558 | $51,309 |
Key data checks
| Key data checks info | 2021 | 2022 | 2023 |
|---|---|---|---|
| Material data errors | No | No | No |
Operations
The people, governance practices, and partners that make the organization tick.
Documents
Principal Officer
Jeremy Abbey
Number of employees
Source: IRS Form 990
Soil2Service, Inc
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation data
There are no highest paid employees recorded for this organization.
Soil2Service, Inc
Board of directorsas of 05/19/2023
Board of directors data
Lianne Lyne
Michael Hix
Trudy Williams
Amanda Saab
Eric Abbey
Organizational demographics
Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.
Leadership
The organization's leader identifies as:
Race & ethnicity
Gender identity
Transgender Identity
Sexual orientation
No data
Disability
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- Letter of Determination
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- Contractor and/or Paid Preparer data for 2023, 2022, 2021
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