TEEN KITCHEN PROJECT
Mission Statement
Our Mission: Building healthier, more connected communities by engaging teens and providing nourishing food to individuals living with serious illnesses The Teen Kitchen Project is a nonprofit organization that brings young people into the kitchen to learn to cook delicious and nourishing food. The meals they prepare are delivered to individuals and families who are in crisis due to a life-threatening illness like cancer. We serve families in Santa Cruz County, California. The teens gain skills in cooking healthy food, learn about the impact of their food choices, and are offered an opportunity to build connections through community service. The Teen Kitchen Project operates on Sundays all day, and Monday, Tuesday, and Wednesday afternoons, out of a commercial kitchen in Soquel, California. We are supported through donations from the community, grants, and contracts with local and state agencies.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
88.6% | 82.0% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.0% | 12.0% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
4.4% | 3.9% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
70.2% | 140.0% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.0 mo | 12.0 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
25.9% | 8.9% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
61.9% | 89.3% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-0.2% | 9.0% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
10.5% | 14.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-7.4% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.0M | $1.1M | $453K | 88.6% | 69 |
| 2022 | $1.0M | $993K | N/A | — | 39 |
| 2021 | $897K | $947K | N/A | — | 1 |
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