2025-11-15T10:49:50-06:00 2024-12-31 872525370 CITRIN COOPERMAN ADVISORS LLC 180 PARK AVENUE SUITE 200 FLORHAM PARK NJ 07932 990 2024-01-01 831579781 REFED INC REFE 5129472176 122 S MICHIGAN AVE 1390-L74 CHICAGO IL 60603 JEFFREY RHODES TREASURER 5129472176 2025-11-11 1 1 MONIKA YADAV P01473820 9732180500 2025-11-11 2024 2025-03-06 01:10:19Z DANA GUNDERS RIVERO 122 S MICHIGAN AVE 1390-L74 CHICAGO IL 60603 13222438 0 X REFED.ORG X 2018 DE REFED IS A NATIONAL NONPROFIT DEDICATED TO ENDING FOOD LOSS AND WASTE ACROSS THE U.S. FOOD SYSTEM BY ADVANCING EVIDENCE-BASED ACTION TO STOP FOOD WASTE. OUR VISION IS A SUSTAINABLE, RESILIENT, AND INCLUSIVE FOOD SYSTEM THAT MAKES THE BEST USE OF THE FOOD WE GROW. 13 13 32 11 0 0 12033022 12528491 335819 398215 25942 295732 0 0 12394783 13222438 766750 1236346 0 0 3143015 3954669 0 0 500441 2358308 3439089 6268073 8630104 6126710 4592334 10012463 15218674 300849 883667 9711614 14335007 X REFED CATALYZES THE FOOD SYSTEM TOWARD EVIDENCE-BASED ACTION TO STOP WASTING FOOD FOR THE CLIMATE, ENVIRONMENT, PEOPLE, AND THE ECONOMY. 0 0 2457234 1161346 0 CAPITAL & INNOVATION PROGRAM SERVICE ACCOMPLISHMENTS:REFED'S CAPITAL & INNOVATION DIVISION CONTINUED TO FUND AND UNLOCK ADDITIONAL OPPORTUNITIES FOR ADVANCING SOLUTIONS TO FOOD WASTE THROUGH THE CATALYTIC GRANT FUND. TO DATE THE FUND HAS UNLOCKED AT LEAST $30M IN FUNDING FOR ITS PORTFOLIO OF GRANTEES REPRESENTING A 15X IMPACT OF REFED'S INITIAL GRANT INVESTMENT. IN WORKING DIRECTLY WITH CAPITAL PROVIDERS AND THOSE SEEKING CAPITAL, REFED CURATED 17 CONNECTIONS LEADING TO FUNDING. MORE BROADLY, WE IDENTIFIED AND PROMOTED 132 FUNDING OPPORTUNITIES VALUED AT OVER $240M THROUGH DEAL FLOW REPORTS. 1956370 DATA & INSIGHTS PROGRAM SERVICE ACCOMPLISHMENTS:REFED'S INSIGHTS ENGINE HAS NOW REACHED OVER 195,000 UNIQUE VISITORS AND THE ORGANIZATION HAS DOCUMENTED NEARLY 3,000 MEANINGFUL USE CASES OF STAKEHOLDERS ENGAGING WITH AND APPLYING THE DATA AND INSIGHTS SHARED WITHIN. REFED ALSO MIGRATED ITS DATA COLLECTION CAPABILITIES TO A WEB-BASED APPLICATION IN ORDER TO STREAMLINE FOOD BUSINESS DATA REPORTING, ENHANCE SECURITY CAPABILITIES, AND INCREASE DATA PROCESSING EFFICIENCIES. REFED ALSO ADVANCED NEW RESEARCH TO ENHANCE OUR UNDERSTANDING OF FOOD WASTE AND RELATED SOLUTIONS IN METHANE EMISSION FACTORS, PRODUCTION LOSSES IN BEEF AND DAIRY, ENHANCED SOLUTION MODELING IN THE MANUFACTURING SECTOR, AND WHOLE SUPPLY CHAIN ANALYSES OF BEEF, YOGURT, POTATOES, STRAWBERRIES, PLUMS, AND BANANAS. 1885722 75000 398215 BUSINESS INITIATIVES PROGRAM SERVICES ACCOMPLISHMENTS:REFED NOTABLY EXPANDED THE MEMBERSHIP AND ACTIVITIES OF THE U.S. FOOD WASTE PACT, A NATIONAL VOLUNTARY AGREEMENT DESIGNED TO HELP WASTE-GENERATING BUSINESSES ACROSS THE FOOD SYSTEM TO ACCELERATE PROGRESS TOWARD THEIR SUSTAINABILITY GOALS. MEMBERSHIP NOW INCLUDES FOOD BUSINESSES FROM RETAIL, FOOD SERVICE, MANUFACTURING, AND QSR SECTORS, INCLUDING REPRESENTING OVER 60% OF THE U.S. RETAIL MARKET SHARE AS MEASURED BY RETAIL SALES. REFED ALSO CONTINUED TO PROVIDE CLIENT-FACING SERVICES TO INDIVIDUAL FOOD BUSINESSES, HELPING TO ALIGN FOOD WASTE REDUCTION, SUSTAINABILITY, AND OPERATIONAL STRATEGIES. IN TOTAL, REFED ENGAGED 46 BUSINESSES ACROSS THE YEAR. 420722 OTHER PROGRAM SERVICE ACCOMPLISHMENTS:REFED'S THOUGHT LEADERSHIP AND MOVEMENT BUILDING EFFORTS HAVE HELPED TO BUILD AN ENGAGED AUDIENCE OF NEARLY 27,000 STAKEHOLDERS FROM ACROSS THE FOOD SYSTEM. THE ANNUAL FOOD WASTE SOLUTIONS SUMMIT WELCOMED 727 ATTENDEES, ITS LARGEST AUDIENCE TO-DATE. REFED ALSO HOSTED 7 WEBINARS AND ENGAGED IN 36 ADDITIONAL SPEAKING ENGAGEMENTS. OUR MEDIA REACH INCLUDED 429 MEDIA MENTIONS AND AN OVERALL REACH OF 5 BILLION. 420722 6720048 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 1 32 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY CA OR X X KATY FRANKLIN 5129472176 122 S MICHIGAN AVE 1390-L74 CHICAGO IL 60603 PAMELA MURPHY BOARD CHAIR 2.00 X X 0 0 0 EMILY MA SECRETARY 2.00 X X 0 0 0 STEVEN SWARTZ TREASURER 2.00 X X 0 0 0 SHASHANK MOHAN DIRECTOR 2.00 X 0 0 0 IDA POSNER DIRECTOR 2.00 X 0 0 0 JEFFREY RHODES DIRECTOR 2.00 X 0 0 0 EDUARDO ROMERO DIRECTOR 2.00 X 0 0 0 CHARLES C SAVITT DIRECTOR 2.00 X 0 0 0 YALMAZ SIDDIQUI DIRECTOR 2.00 X 0 0 0 KATHERINE SILVERTHORNE DIRECTOR 2.00 X 0 0 0 JACK PESTELLO DIRECTOR 2.00 X 0 0 0 WENDY SLUSSER DIRECTOR 2.00 X 0 0 0 JANINE GUILLOT DIRECTOR 2.00 X 0 0 0 DANA GUNDERS RIVERO PRESIDENT 40.00 X 258107 0 39443 SHAWN SHEPHERD VP, OPERATIONS & FINANCE 40.00 X 187603 0 19193 ASCH HARWOOD VP, DATA & INSIGHTS 40.00 X 168736 0 49726 ALEXANDRIA COARI VP, CAPITAL, INNOVATION & GLOBAL INITIATIVES 40.00 X 178738 0 17907 JACQUELINE SUGGITT VP, BUSINESS INITIATIVES & COMMUNITY ENGAGEMENT 40.00 X 132200 0 16046 DINA SINCLAIR DIRECTOR OF ENGINEERING 40.00 X 135708 0 4260 TRAVIS WRIGHT VP, PRODUCT 40.00 X 127332 0 9446 KATHLEEN FRANKLIN DIRECTOR OF FINANCE & ADMINISTRATION 40.00 X 138097 0 28326 JEFFREY COSTANTINO COMMUNICATIONS DIRECTOR 40.00 X 148582 0 19420 1475103 0 203767 15 0 1 0 PEAK AUDIO VISUAL 700 W MISSISSIPPI AVE BUILDING A-6 DENVER CO 80223 EVENT AUDIO VISUAL 163987 QUANTIS INTERNATIONAL 66 LONG WHARF WEST BOSTON MA 02110 DATA ANALYTICS 145000 OCUPOP 530 S 11TH STREET MILWAUKEE WI 53204 WEB & GRAPHIC DESIGN 126766 3 12528491 12528491 CONFERENCE FEES 900099 261355 261355 FEES FOR SERVICE 900099 136860 136860 398215 295732 295732 13222438 398215 0 295732 X 1236346 1236346 919453 602312 153984 163157 2384688 1795751 468007 120930 70584 48214 20311 2059 316070 214881 86571 14618 263874 192254 49891 21729 58550 40672 16575 1303 78043 78043 100 100 1779021 1475415 201093 102513 344178 159820 131466 52892 63971 63971 24434 15810 8269 355 376710 229455 142008 5247 682429 637469 29322 15638 30568 7178 23390 1085 500 585 8630104 6720048 1409615 500441 2071141 6428823 6566713 7478899 1190000 1069000 29303 11480 100000 100000 33016 108182 22290 22290 10012463 15218674 279888 840638 20961 43029 300849 883667 X 7351069 13225175 2360545 1109832 9711614 14335007 10012463 15218674 4592334 31059 0 X 0 1 X 1 0 X 8394345 2883794 5277223 12033022 12528491 41116875 8394345 2883794 5277223 12033022 12528491 41116875 3785661 37331214 161 334 25942 295732 322169 41439044 1233992 0.90090 0.88510 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 1580 0 0 1580 0 PART II-B, LINE 1: THE ORGANIZATION HAD LIMITED DIRECT CONTACT WITH LEGISLATORS AND THEIR STAFF DURING THE YEAR. 0 13353397 31059 100000 131059 13222338 100 100 13222438 8730004 100000 100000 8630004 100 100 8630104 NORTH AMERICA 0 1 PROGRAM SERVICES CAPITAL, INNOVATION & ENGAGEMENT SERVICES PROVIDING EDUCATION AND PROGRAMMING TO CAPITAL PROVIDERS TO HELP DRIVE MORE FUNDING INTO FOOD WASTE SOLUTIONS. 149876 0 1 0 0 0 1 149876 0 149876 0 0 0 0 0 0 PART I, LINE 3: EXPENSES ARE ACCOUNTED FOR ON ACCRUAL BASIS. 1 CENTER FOR ECOTECHNOLOGY PO BOX 275 DALTON MA 01226 042611726 501(C)3 250000 0 TO SUPPORT THE DEVELOPMENT OF A TRAIN-THE-TRAINER PROGRAM TO ENABLE LIKE-MINDED ORGANIZATIONS TO OFFER TECHNICAL ASSISTANCE TO RESTAURANTS IN THEIR COMMUNITIES. EARTHDAY365 DBA GREEN DINING ALLIANCE 4125 HUMPREY STREET ST LOUIS MT 63116 431931520 501(C)3 100000 0 TO SUPPORT THE DEVELOPMENT OF A FOOD WASTE TRACK AS PART OF THEIR CERTIFICATION PROGRAM THROUGH WHICH RESTAURANTS WILL RECEIVE DIRECT SUPPORT FROM A FOOD WASTE COACH. CONNECTEDFRESH COMPANY 15700 S BROADWAY GARDENA CA 90248 841878146 100000 0 TO SUPPORT THE ENHANCEMENT AND EXPANSION OF ITS 24/7 MONITORING SOLUTIONS TO INCLUDE ADVANCED INVENTORY MANAGEMENT AND WASTE TRACKING. AFTERLIFE AG 250 ADELPHI STREET 6 BROOKLYN NY 11205 871645250 300000 0 TO SUPPORT THEIR CAPACITY TO PROCESS MEAT, SEAFOOD, AND DAIRY WASTE WITH BETTER EQUIPMENT, IMPROVE YIELDS WITH ADDITIONAL AUTOMATION, AND GROW NEW TYPES OF MUSHROOMS SUCH AS MAITAKE AND ROYAL TRUMPETS. FOOD RESCUE US 1127 HIGH RIDGE ROAD SUITE 338 STAMFORD CT 06905 274486556 501(C)3 200000 0 TO SUPPORT THE DEVELOPMENT AND IMPLEMENTATION OF A DATA-SHARING FEATURE WITHIN THEIR EXISTING FOOD RESCUE WEB-BASED APP TO BOLSTER RESTAURANT FOOD DONATIONS BY CREATING A DEDICATED API ENDPOINT THAT WILL INTEGRATE WITH THE POS AND/OR INVENTORY MANAGEMENT SYSTEMS COMMONLY USED BY RESTAURANT PARTNERS. PRISM 304 S 930 W PLEASANT GROVE UT 84062 934112786 60000 0 TO SUPPORT THE TESTING OF AS WELL AS PROTOTYPE ENHANCEMENTS AND PRODUCTION OF THEIR STORAGE SYSTEM DESIGNED FOR RESTAURANTS TO EXTEND THE LIFESPAN OF FRESH PRODUCE. 3 3 PART I, LINE 2: THE ORGANIZATION MAINTAINS DETAILED RECORDS OF APPLICANT AND GRANTEE SUBMISSION INFORMATION, INCLUSIVE OF LETTERS OF INTENT AND FULL APPLICATIONS. IT ALSO MAINTAINS FULL RECORDS OF CORRESPONDENCE WITH GRANTEES REGARDING THEIR ACCEPTANCE OF GRANT FUNDS AND THE ASSOCIATED TERMS AND CONDITIONS FOR ACCEPTING SAID FUNDS. ALL APPLICANTS ARE EVALUATED USING THE SAME ELIGIBILITY CRITERIA THROUGH A RIGOROUS PROCESS THAT CONSIDERS INITIATIVE IMPACT POTENTIAL, CATALYTIC POTENTIAL, ORGANIZATIONAL TRACK RECORD, AND TEAM AND IMPLEMENTATION POTENTIAL. APPLICANTS ARE EVALUATED BY BOTH AN INDEPENDENT REVIEW COMMITTEE AND A GRANT FUND SELECTION COMMITTEE. AFTER BEING AWARDED A GRANT, SELECTED GRANTEES ENGAGE IN QUARTERLY REPORTING MEETINGS TO ENABLE THE MONITORING OF THE USE OF FUNDS. THEY ALSO COMPLETE REGULAR IMPACT AND FINANCIAL REPORTING, AS AGREED UPON IN THE TERMS AND CONDITIONS OF EACH GRANT AGREEMENT. X X 0 0 0 0 0 0 0 1 0 DANA GUNDERS RIVERO PRESIDENT 258107 0 0 0 0 0 10744 0 28699 0 297550 0 0 0 ASCH HARWOOD VP, DATA & INSIGHTS 165236 0 3500 0 0 0 7314 0 42412 0 218462 0 0 0 SHAWN SHEPHERD VP, OPERATIONS & FINANCE 184103 0 3500 0 0 0 7576 0 11617 0 206796 0 0 0 ALEXANDRIA COARI VP, CAPITAL, INNOVATION & GLOBAL INI 175238 0 3500 0 0 0 7149 0 10758 0 196645 0 0 0 JEFFREY COSTANTINO COMMUNICATIONS DIRECTOR 145082 0 3500 0 0 0 5737 0 13683 0 168002 0 0 0 KATHLEEN FRANKLIN DIRECTOR OF FINANCE & ADMINISTRATION 134597 0 3500 0 0 0 5783 0 22543 0 166423 0 0 0 PART I, LINE 7 THE ORGANIZATION PROVIDED BONUSES TO THE PERSONS LISTED ABOVE AT THE DISCRETION OF THE BOARD OF DIRECTORS TO RECOGNIZE EXCEPTIONAL STAFF PERFORMANCE DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B PRIOR TO FILING THE FORM 990, A COMPLETE COPY WAS PROVIDED TO EACH MEMBER OF THE BOARD OF DIRECTORS FOR THEIR REVIEW. ALL BOARD MEMBERS WERE GIVEN THE OPPORTUNITY TO PROVIDE COMMENTS AND ASK QUESTIONS ABOUT THE INFORMATION CONTAINED IN FORM 990. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER, AND OTHER STAFF MEMBER AND COMMITTEE MEMBER WITH GOVERNING-BOARD-DELEGATED POWERS SHALL, BEFORE INITIAL ELECTION OR APPOINTMENT AND ANNUALLY THEREAFTER, SIGN A STATEMENT AND GIVE SUCH STATEMENT TO THE SECRETARY OF REFED, INC., WHICH AFFIRMS THAT SUCH PERSON:(A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE CONFLICT OF INTEREST POLICY, (C) HAS AGREED TO COMPLY WITH THE CONFLICT OF INTEREST POLICY, (D) UNDERSTANDS THAT THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES (AND WILL ENDEAVOR TO FURTHER SUCH PURPOSES), AND (E) UNDERSTANDS THAT HE OR SHE MUST DISCLOSE ANY CONFLICT OF INTEREST; SPECIFICALLY, THE DIRECTOR, OFFICER, AND OTHER STAFF MEMBER, OR COMMITTEE MEMBER MUST IDENTIFY, TO THE BEST OF HIS OR HER KNOWLEDGE ANY ENTITY OF WHICH HE OR SHE IS AN OFFICER, DIRECTOR, TRUSTEE, MEMBER, OR EMPLOYEE AND WITH WHICH THE ORGANIZATION HAS A RELATIONSHIP, AND ANY TRANSACTION IN WHICH THE ORGANIZATION IS A PARTICIPANT. ANY POTENTIAL CONFLICT THAT ARISES IS IMMEDIATELY BROUGHT TO THE ATTENTION OF THE BOARD OF DIRECTORS FOR DISCUSSION AND RESOLUTION OF HOW TO PROCEED. ANY DIRECTOR(S) TO WHOM A CONFLICT OF INTEREST RELATES WILL RECUSE THEMSELVES FROM SUCH DISCUSSIONS AND VOTING. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS APPROVES THE COMPENSATION OF THE ORGANIZATIONS TOP MANAGEMENT OFFICIAL AFTER A REVIEW OF THEIR QUALIFICATIONS, THEIR PROPOSED EMPLOYMENT CONTRACTS, AND COMPARABILITY DATA FROM OTHER ORGANIZATIONS. A SUMMARY OF EACH REVIEW AND DECISION IS PROVIDED IN THE MINUTES OF THE BOARD MEETING AT WHICH (OR THE UNANIMOUS WRITTEN CONSENT IN LIEU OF MEETING IN WHICH) THE DECISION WAS MADE. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION'S 990'S ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. FORM 1023 IS AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G ANALYTICS: PROGRAM SERVICE EXPENSES 311,420. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 311,420. COMMUNICATIONS: PROGRAM SERVICE EXPENSES 14,378. MANAGEMENT AND GENERAL EXPENSES 6,200. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 20,578. EVENT PLANNING: PROGRAM SERVICE EXPENSES 42,759. MANAGEMENT AND GENERAL EXPENSES 9,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 51,759. SOFTWARE ENGINEERING: PROGRAM SERVICE EXPENSES 50,760. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 50,760. HUMAN RESOURCES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 83,781. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 83,781. IT SUPPORT: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 196. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 196. PROJECT MANAGEMENT: PROGRAM SERVICE EXPENSES 458,822. MANAGEMENT AND GENERAL EXPENSES 6,930. FUNDRAISING EXPENSES 92,272. TOTAL EXPENSES 558,024. PUBLIC RELATIONS: PROGRAM SERVICE EXPENSES 81,435. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 81,435. STRATEGIC ADVISORY: PROGRAM SERVICE EXPENSES 122,300. MANAGEMENT AND GENERAL EXPENSES 2,625. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 124,925. WEB & GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 173,807. MANAGEMENT AND GENERAL EXPENSES 2,473. FUNDRAISING EXPENSES 10,241. TOTAL EXPENSES 186,521. SERVICE FEE: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 89,888. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 89,888. RESEARCH: PROGRAM SERVICE EXPENSES 219,734. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 219,734.