2015-11-13T11:15:22-06:00 2014-12-31 042442519 EDELSTEIN AND COMPANY LLP 160 FEDERAL STREET 9TH FLOOR BOSTON MA 02110 990 2014-01-01 460673197 THE URBAN FOOD INITIATIVE INC URBA 6176202924 C/O DOUGLAS RAUCH 54 WILDE RD WABAN MA 02468 DOUGLAS RAUCH PRESIDENT 6176202924 2015-11-10 1 ALFONSO PERILLO P00950491 6172276161 2015-11-06 2014 2016-03-07 17:11:31Z DAILY TABLE DOUGLAS RAUCH C/O DOUGLAS RAUCH 54 WILDE RD WABAN MA 02468 966401 0 X HTTP://DAILYTABLE.ORG X 2012 MA DAILY TABLE IS AN INNOVATIVE RETAIL APPROACH TO PROVIDING AFFORDABLE WHOLESOME FOOD TO THE ECONOMICALLY DISADVANTAGED AND UNDERSERVED IN OUR INNER CITIES TO HELP SOLVE THE SOCIAL CHALLENGE OF HUNGER AND OBESITY IN AMERICA. 4 4 6 0 0 0 0 966398 0 0 0 3 0 0 0 966401 0 11513 0 0 0 228813 0 0 44308 0 122832 0 363158 0 603243 46901 949589 100000 400445 -53099 549144 X AT DAILY TABLE WE BELIEVE THAT DELICIOUS, WHOLESOME AND AFFORDABLE FOOD SHOULD BE AVAILABLE TO ALL. WE ARE ON A MISSION TO HELP COMMUNITIES MAKE GREAT CHOICES AROUND FOOD BY MAKING IT EASY FOR THEM TO CHOOSE TASTY, HEALTHY, CONVENIENT AND TRULY AFFORDABLE MEALS AND GROCERIES. AND WE DO THIS IN A RESPECTFUL MANNER THAT HONORS OUR CUSTOMER, ENGENDERING DIGNITY. 0 0 192911 11513 CREATE A COMMUNITY-BASED RETAIL FOOD SERVICE OPERATION OFFERING WIDE-SPREAD ACCESS TO HIGH QUALITY, NUTRITIONALLY ADVANTAGED FOOD ITEMS AT A FRACTION OF TYPICAL PRICES. 192911 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 6 1 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 1 0 0 MA X ECRATCHIT INC 7813568050 625 GROVE STREET BRAINTREE MA 02184 DOUGLAS RAUCH PRESIDENT/DIRECTOR 1.00 X X 0 0 0 JOSE ALVAREZ TREASURER/CLERK/DIRECTOR 1.00 X X 0 0 0 JAY MARTIN DIRECTOR 1.00 X 0 0 0 BILL WALCZAK DIRECTOR 1.00 X 0 0 0 RUDOLF RUBENIS EXECUTIVE DIRECTOR 40.00 X 91724 0 0 91724 0 0 0 0 0 0 0 966398 42593 966398 3 3 966401 0 0 3 X 11513 11513 91724 56869 28434 6421 114930 71874 35904 7152 4000 3200 800 18159 11313 5653 1193 82643 16351 50312 15980 453 453 444 444 12502 10492 2010 1087 1087 509 164 345 1279 1279 FISCAL AGENT FEE 11996 11996 KITCHEN RELATED EXPENSE 9406 9406 PAYROLL PROCESSING FEES 2048 1276 638 134 LICENSES AND FEES 465 465 363158 192911 125939 44308 31890 381030 15011 10015 268000 31080 0 259464 46901 949589 100000 389953 0 10492 100000 400445 X -53099 281144 268000 -53099 549144 46901 949589 X 603243 -1000 X 0 1 X 0 0 X 85000 105000 966398 1156398 85000 105000 966398 1156398 757976 398422 11 3 14 1156412 X FORM 990 SCHEDULE A - SHORT YEAR THE ORGANIZATION WAS CREATED ON 7/25/2012. THEREFORE THE 2012 TAX RETURN WAS FOR THE SHORT YEAR 7/25/12 - 12/31/12. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 304000 36000 268000 1.00000 0 0 0 CONSTRUCTION-IN-PROCESS 219464 SECURITY DEPOSIT 40000 259464 DEFERRED RENT 10492 10492 X 1085806 119405 119405 966401 0 966401 483563 119405 1000 120405 363158 0 363158 PART V, LINE 4: DURING THE YEAR ENDED DECEMBER 31, 2014, TEMPORARILY RESTRICTED NET ASSETS CONSISTED OF AMOUNTS FROM CONTRIBUTIONS RECEIVABLE WHOSE FUNDS ARE SCHEDULED TO BE RECEIVED IN 2015. PART X, LINE 2: RETURNS FOR TAX YEARS BEGINNING WITH THOSE FILED FOR THE YEAR ENDED DECEMBER 31, 2011 ARE OPEN TO EXAMINATION. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS ON UNCOLLECTIBLE PLEDGES 1,000. 0 FAIR FOODS INC 540 COLUMBIA ROAD DORCHESTER MA 02125 043043885 501(C)(3) 7812 FEEDING AMERICA REPORT FOOD PROGRAM SUPPORT 1 0 X 25 42593 FEEDING AMERICA REPORT 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 THE PRESIDENT AND TREASURER REVIEW A DRAFT OF THE FORM 990 BEFORE FILING IT. FORM 990, PART VI, SECTION B, LINE 12C AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEETING, BUT AFTER THE PRESENTATION, HE/SHE MAY LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIRPERSON OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF INTEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLE POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PART VI, SECTION B, LINE 15A THE PROCESS USED FOR DETERMINING THE EXECUTIVE DIRECTOR'S COMPENSATION WAS A MARKET BASED DETERMINATION. BY REVIEWING CURRENT COMPENSATION FOR BOTH NPO'S WITH THE ESTIMATED $3-5 MILLION WE EXPECTED IN THE FIRST COUPLE OF YEARS OF OPERATING, COMBINED WITH THE COMPETITIVE SALARY FOR COMPARABLE EXPERIENCE AMONG RETAIL EXECUTIVES, WE OFFERED OUR EXECUTIVE DIRECTOR A BEGINNING SALARY THAT WAS WELL WITHIN THE MEDIAN OF THIS RANGE. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G CONSULTANTS: PROGRAM SERVICE EXPENSES 16,351. MANAGEMENT AND GENERAL EXPENSES 50,312. FUNDRAISING EXPENSES 15,980. TOTAL EXPENSES 82,643. FORM 990, PART XI, LINE 9: LOSS ON UNCOLLECTIBLE PLEDGES -1,000.