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Human Services : Social Services

Wholesome Wave

Increasing affordable access to healthy, local food

two stars

74.23

855 Main Street Suite 910
Bridgeport, CT 06604
tel: (203) 226-1112   Web Site
EIN: 26-0352899

Board Leadership
Andrew Hertzmark
Board Chairman

CEO
Michel Nischan
Founder, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 74.23 two stars
  Financial 64.24 one star
  Accountability & Transparency 93.00 four stars
This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.

Wholesome Wave empowers under-served consumers to make healthier food choices by increasing affordable access to fresh, local food. 44M Americans spend $70B in SNAP (food stamps) annually, plus $63B of their own money on groceries = $133B annually!
We are working to shift how that money is spent nationwide. If people can't afford produce, they can't buy it. But when they can, they do. And when millions of Americans eat more fruits and vegetables, we see immediate improvements for families and farmers-and enormous long-term gains for public health, local economies, and the environment.

Wholesome Wave empowers under-served consumers to make healthier food choices by increasing affordable access to fresh, local food. 44M Americans spend $70B in SNAP (food stamps) annually, plus $63B of their own money on groceries = $133B annually!
We are working to shift how that money is spent nationwide. If people can't afford produce, they can't buy it. But when they can, they do. And when millions of Americans eat more fruits and vegetables, we see immediate improvements for families and farmers-and enormous long-term gains for public health, local economies, and the environment.

Impact Information

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Reported Results
Total in 2018
Number of people reached with affordable access to healthy foods
206,000
Dollars spent on healthy food
3,825,000
This impact information is current as of March 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

one star

64.24

Accountability & Transparency

four stars

93.00

This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
73.6%
  Administrative Expenses 15.5%
  Fundraising Expenses 10.7%
  Fundraising Efficiency $0.12
  Working Capital Ratio (years) 0.09
  Program Expenses Growth -4.0%
  Liabilities to Assets 65.6%
All data for Financial Performance Metrics calculations was provided by Wholesome Wave on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Wholesome Wave on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Wholesome Wave (CT) 74.23 two stars
Meals on Wheels of Tampa (FL) 96.64 four stars
Project Angel Food (CA) 93.81 four stars
Food & Friends (DC) 85.82 three stars
Project Angel Heart (CO) 93.61 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,251,446
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $232,098
Total Contributions $4,483,544
   Program Service Revenue $552,452
Total Primary Revenue $5,035,996
   Other Revenue $10,595
TOTAL REVENUE $5,046,591
   
EXPENSES  
   Program Expenses $3,678,992
   Administrative Expenses $838,384
   Fundraising Expenses $565,597
TOTAL FUNCTIONAL EXPENSES $5,082,973
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-36,382
   
Net Assets $576,439

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
National Nutrition Incentive Network $3,288,904 89.4%
Fruit and Vegetable Prescription Program $390,088 10.6%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 02/01/2020 74.23 two stars
2017-12 05/01/2019 80.30 three stars
2016-12 07/01/2018 88.04 three stars
2016-12 06/01/2018 87.07 three stars
2015-12 04/01/2017 90.46 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 26-0352899
Name in IRS Master File WHOLESOME WAVE INC
NTEE Code C02
NTEE Classification Management & Technical Assistance
NTEE Type Environmental Quality, Protection and Beautification
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 2007
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2018
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
Compensation % of Expenses Paid to Title
$258,354 5.08% Michel Nischan President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Wholesome Wave (CT) 74.23 two stars
Martha's Kitchen (CA) 90.21 four stars
FamilyWorks (WA) 90.19 four stars
Citymeals-on-Wheels (NY) 90.02 four stars
ICA (MN) 87.76 three stars

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Charity Contact Info

Wholesome Wave
855 Main Street
Suite 910
Bridgeport, CT 06604
tel: (203) 226-1112
EIN: 26-0352899

Visit Web Site

Board Leadership

Andrew Hertzmark
Board Chairman

CEO

Michel Nischan
Founder, CEO

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