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Urban Food Initiative (Daily Table)

 420 Washington Street, Dorchester, MA 02124
 Dorchester, MA 02124
[P] (617) 506-8970
[F] --
www.dailytable.org
[email protected]
Michael Malmberg
Facebook
INCORPORATED: 2014
 Printable Profile (Summary / Full)
EIN 46-0673197

LAST UPDATED: 10/22/2018
Organization DBA Daily Table
Former Names --
Organization received a competitive grant from the Boston Foundation in the past five years Yes

Summary

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Mission StatementMORE »

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.

Mission Statement

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.


FinancialsMORE »

Fiscal Year Jan 01, 2018 to Dec 31, 2018
Projected Income $5,626,414.00
Projected Expense $5,278,860.00

ProgramsMORE »

  • Teaching Kitchen

Revenue vs. Expense ($000s)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

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.


Background Statement

Urban Food Initiative, dba Daily Table, was founded in 2012 and opened its doors in the Boston community of Dorchester on June 4, 2015. It is a not-for-profit community food market dedicated to bringing affordable and nutritious prepared meals and groceries to its customers at affordable prices. It aims to serve the food insecure population, struggling to eat well, and expects to help improve the health of these individuals through a better diet. In short, it is a health care initiative, disguised as a grocery store.

All our prepared food and groceries are inspired by the nutrition guidelines that were set for us by a group of Boston nutrition experts. Our ingredients come from a network of growers, manufacturers, and other suppliers who donate their surplus food to us, or provide us special buying opportunities. Through this sourcing strategy we are able to keep prices affordable for our customers (our wholesome groceries and prepared meals are priced to compete with the fast food alternatives in the neighborhood) and we also address the environmental issue of wasted food. It is senseless that 40% of the food produced in this country ends up in dumpsters behind supermarkets, tilled back into the soil at farms, and in trash cans in our homes.

Daily Table’s flagship location is anchored in the Dorchester community. It has created 30 new jobs, with 85% of the store’s retail and kitchen hires living within a three-mile radius of the 450 Washington Street store. Open seven days a week, it is easy for customers to shop when their schedules allow. The retail space is bright, clean, and inviting, and the store team treats customers with respect and warmth, creating a welcome, dignified and enjoyable shopping experience.

Unlike most not-for-profits, Daily Table’s retail-based approach to its mission is designed to allow it to be financially self-sustaining. Our goal is for the revenue from our food sales to cover the cost of operating the business. The financial model calls for Daily Table to reach break even once the customer base and donated food supply build to targeted levels.

In summary, Daily Table is a not-for-profit model that simultaneously addresses food insecurity, nutritional health, and wasted food. Beyond our pilot location in Dorchester, plans are to expand first to other sites in Boston and then to more cities in the US.


Impact Statement

Urban Food Initiative, dba Daily Table, is a not-for-profit grocery store that opened its doors at 450 Washington Street on June 4, 2015 to a welcoming community.

1. Since opening we've had over 9,000 member-shoppers, recovered 700,000 pounds of food that would have been wasted and worked with 65 markets and companies who donated food and products to us.

2. We created a community advisory council with representation from both the Four Corners and Codman Square neighborhoods of Dorchester.

3. We can boast that all our food is healthy, based on a nutrition guidelines for salt, sugar, and fiber levels that were developed for us by nutrition experts.

4. We hired 30 employees to work in the store, with doubt 85% living within a three radius of the store.

5. Most important, we hear daily from our customers that they love our bright, clean, welcoming store and appreciate the wholesome, delicious groceries and prepared food at amazing prices.

Our goals for the coming year are to:

1. increase our food supply with new sourcing arrangements,

2. build awareness in the surrounding community to attract more customers,

3. open our on-site teaching kitchen for nutrition and culinary education in Dorchester and

4. ready ourselves for the opening of a second Boston location by identifying a next site and raising funds to support the new store.


Needs Statement

1. Raising funds is a pressing need in 2016 for the operation of our first store and the capital and operating needs in the second. At each new site, we need philanthropic dollars to cover capital costs to renovate the space and to support initial operations while we build our customer count and food supply to targeted levels.

2. Developing a more robust supply chain is a second critical need. While pleased with the generosity of many manufacturers, distributors, and growers we must expand the number of suppliers who will either donate food to Daily Table, or sell it to us at deeply discounted prices.

3. Attracting more customers is a third critical need. As awareness spreads and more shoppers come to Daily Table we will secure our future viability. We will also be reassured that our nutritious food is becoming a greater share of the community’s diet, improving the health of more and more shoppers.

4. Opening our on-site teaching kitchen for culinary and nutrition education is an important part of Daily Table’s vision. We require additional to funding to support the teaching kitchen operation, specifically additional part-time staff, promotional matierial and administration of the program.


CEO Statement

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Board Chair Statement

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Geographic Area Served

City of Boston- North Dorchester
City of Boston- South Dorchester
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Organization Categories

  1. Food, Agriculture & Nutrition - Food Programs
  2. -
  3. -

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

Under Development

Programs

Teaching Kitchen

The Teaching Kitchen is a central part of Daily Table’s model to address hunger alleviation and the health issues that stem from a poor diet. The program will increase familiarity with fresh, healthy produce and cooking techniques to enhance wholesome meal preparation at home. It will offer nutrition information targeted to different segments of the community (seniors, teens, parents, families, et.) so that all shoppers can make informed choices. With an adjacent grocery store that sells only healthy food, informed by nutrition guidelines for salt, sugar and fiber, at great prices, participants can put their newfound knowledge into action. It is this connection between nutrition and culinary education adjacent to an on-site grocery store with affordable, wholesome food that makes Daily Table’s program unique.

Budget  $65,000.00
Category  Food, Agriculture & Nutrition, General/Other Hunger Action
Population Served At-Risk Populations Families
Program Short-Term Success  Completion of 94 classes and 584 participants each year. Participants will complete a survey at the end of each class to ascertain knowledge retention with follow-up surveys to determine if self-reported changes in shopping or home cooking behavior have occurred.
Program Long-Term Success  With outreach to the community surrounding the store we expect to improve nutritional health of teaching kitchen participants and their families; enhance participants confidence and competence with culinary skills and see participants make better informed choices when shopping for food.
Program Success Monitored By  Since this is a new program (launched in the Spring, 2016) we will rely on early participant feedback, facilitator comments to adjust the format and content of classes. We will also use surveys at the end of each class to ascertain knowledge retention with follow-up surveys to determine if self-reported changes in shopping or home cooking behavior have occurred.
Examples of Program Success  N/A (program not yet in operation)

CEO/Executive Director/Board Comments

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Management


CEO/Executive Director Mr. Doug Rauch
CEO Term Start Sept 2012
CEO Email [email protected]
CEO Experience

Doug is the Founder/President of Daily Table, an innovative retail concept designed to bring affordable nutrition to the food insecure in our cities through utilizing the excess, wholesome food that would otherwise be wasted at growers, manufacturers, distributors and retailers. It offers both “grab-n-go” meals freshly prepared onsite as well as a variety of healthy grocery items (produce, dairy, bakery, etc.) all at prices that meet or beat fast food or junk food pricing.

Doug spent 31 years with Trader Joe's Company, the last 14 years as a President, helping grow the business from a small, nine-store chain in Southern California, to a nationally acclaimed retail success story. He developed their prized buying philosophy, created their unique private label food program, and wrote and executed the Business Plan for expanding Trader Joe’s nationally. He retired from Trader Joe’s in 2008.

Doug is also the CEO of Conscious Capitalism Inc.; a Trustee at Olin College of Engineering; on the Board of Overseers at WBUR; and serves on the board of several for-profit and non-profit companies.

He received his Executive M.B.A. from the Peter Drucker School of Management, Claremont University, where he won several honorary awards including the Early Career Outstanding Entrepreneur Award from Peter Drucker. Doug was also a recent Fellow for several years at the Harvard University Advanced Leadership Initiative where Daily Table was hatched.

Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
-- -- --

Senior Staff

Name Title Experience/Biography
-- -- --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
-- --
Member of state association of nonprofits? No
Name of state association --

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

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CEO/Executive Director/Board Comments

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Foundation Comments

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Staff Information

Number of Full Time Staff 25
Number of Part Time Staff 33
Number of Volunteers 850
Number of Contract Staff 2
Staff Retention Rate % --

Staff Demographics

Ethnicity African American/Black: 36
Asian American/Pacific Islander: 1
Caucasian: 11
Hispanic/Latino: 8
Native American/American Indian: 0
Other: 0
Other (if specified): 4
Gender Female: 30
Male: 29
Not Specified 0

Plans & Policies

Organization has Fundraising Plan? Under Development
Organization has Strategic Plan? Under Development
Years Strategic Plan Considers --
Management Succession Plan --
Business Continuity of Operations Plan --
Organization Policies And Procedures Yes
Nondiscrimination Policy Under Development
Whistle Blower Policy No
Document Destruction Policy --
Directors and Officers Insurance Policy Yes
State Charitable Solicitations Permit --
State Registration --

Risk Management Provisions

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Reporting and Evaluations

Management Reports to Board? N/A
CEO Formal Evaluation and Frequency N/A N/A
Senior Management Formal Evaluation and Frequency N/A N/A
Non Management Formal Evaluation and Frequency N/A N/A

Governance


Board Chair Mr. Douglas Rauch
Board Chair Company Affiliation Founder/President at Daily Table
Board Chair Term Sept 2012 -
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Mr. José Alvarez Senior Lecturer at Harvard Business School Voting
Mr. Jim Bildner Draper Richard Kaplan Foundation Voting
Mr. Scott Finlow VP Shopper Insights at PepsiCo Voting
Mr. Jay Martin Attorney, Medical Liability Mutual Insurance Company Voting
Mr. David Mersky Founder and Managing Director of Mersky, Jaffee and Associates Voting
Mr. Doug Rauch ‎Founder/President at Daily Table Voting
Mr. Bill Walczak President of Grand Circle Foundation Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 0
Asian American/Pacific Islander: 0
Caucasian: 6
Hispanic/Latino: 1
Native American/American Indian: 0
Other: 0
Other (if specified): --
Gender Female: 0
Male: 7
Not Specified 0

Board Information

Board Term Lengths --
Board Term Limits --
Board Meeting Attendance % --
Written Board Selection Criteria Under Development
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 71%
Percentage of In-Kind Contributions --
Constituency Includes Client Representation No

Standing Committees

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CEO/Executive Director/Board Comments

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Foundation Comments

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Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2016 (%)

Expense Breakdown 2015 (%)

Expense Breakdown 2014 (%)

Fiscal Year Jan 01, 2018 to Dec 31, 2018
Projected Income $5,626,414.00
Projected Expense $5,278,860.00
Form 990s

2016 Form 990

2015 Form 990

2014 Form 990

2013 Form 990

2012 Form 990 (short year, covers July 25, 2012 - Dec. 31, 2012)

Audit Documents

2016 Audited Financials

2015 Audited Financials

2014 Audited Financials

IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2016 2015 2014
Total Revenue $3,614,723 $2,523,299 $1,085,806
Total Expenses $3,096,958 $1,860,041 $483,563

Prior Three Years Revenue Sources

Fiscal Year 2016 2015 2014
Foundation and
Corporation Contributions
-- -- --
Government Contributions $0 $0 $0
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified -- -- --
Individual Contributions $1,716,449 $1,753,889 $923,805
Indirect Public Support -- -- --
Earned Revenue $1,831,072 $601,067 --
Investment Income, Net of Losses $2 $10 $3
Membership Dues -- -- --
Special Events -- -- --
Revenue In-Kind $67,200 $168,333 $161,998
Other -- -- --

Prior Three Years Expense Allocations

Fiscal Year 2016 2015 2014
Program Expense $2,697,306 $1,557,536 $216,548
Administration Expense $358,730 $246,505 $198,606
Fundraising Expense $40,922 $56,000 $68,409
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 1.17 1.36 2.25
Program Expense/Total Expenses 87% 84% 45%
Fundraising Expense/Contributed Revenue 2% 3% 7%

Prior Three Years Assets and Liabilities

Fiscal Year 2016 2015 2014
Total Assets $1,905,600 $1,485,196 $949,589
Current Assets $965,192 $456,601 $690,125
Long-Term Liabilities $0 $0 $0
Current Liabilities $175,433 $272,794 $400,445
Total Net Assets $1,730,167 $1,212,402 $549,144

Prior Three Years Top Three Funding Sources

Fiscal Year 2016 2015 2014
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value --
Spending Policy --
Percentage(If selected) --
Credit Line No
Reserve Fund No
How many months does reserve cover? --

Capital Campaign

Are you currently in a Capital Campaign? No
Capital Campaign Purpose --
Campaign Goal --
Capital Campaign Dates -
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? --

Short Term Solvency

Fiscal Year 2016 2015 2014
Current Ratio: Current Assets/Current Liabilities 5.50 1.67 1.72

Long Term Solvency

Fiscal Year 2016 2015 2014
Long-term Liabilities/Total Assets 0% 0% 0%

CEO/Executive Director/Board Comments

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Foundation Comments

Financial summary data in the charts and graphs above is per the organization's audited financial statements. Contributions from foundations and corporations are listed under individuals when the breakout was not available.
 
The Urban Food Initiative (Daily Table) was founded in July 2012 and received its nonprofit status from the IRS in December 2014. Prior to December 2014, the organization was fiscally sponsored by The Boston Foundation. Please note, the 2012 Form 990 posted above reflects a short year (founding year) and covers July 25, 2012 - Dec. 31, 2012.

Documents


Other Documents

No Other Documents currently available.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

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2. What are your strategies for making this happen?

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3. What are your organization’s capabilities for doing this?

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4. How will your organization know if you are making progress?

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5. What have and haven’t you accomplished so far?

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