2. Revolution Foods
2. Revolution Foods
2010 Revenues: $17.9 million
5-year Annual Growth Rate: 144%

CEO:
Kristin Groos Richmond
Location: Oakland, CA

About the business:
Revolution Foods provides healthy, fresh, affordable meals to school districts in over 20 cities across the United States. Founded by CEO Kristin Richmond and her U.C. Berkeley classmate Kirsten Tobey, the company now boasts 770 employees and is growing at a rapid clip. Richmond and company are driven by a mission to combat childhood obesity by providing a robust nutritional education program to schools. As the only company of its kind, Revolution Foods serves large school systems and underserved schools as well as grocery stores. The company is headquartered in inner city Oakland and hires primarily from underserved areas via partnerships with local job development partners across the country.


The Initiative for a Competitive Inner City (ICIC) defines inner cities as core urban areas with higher unemployment and poverty rates and lower median incomes than their surrounding metropolitan statistical areas. For the 2012 list, ICIC received more than 2,000 solicited nominations using its database of small businesses and through the support of its nominating partners, including the U.S. Hispanic Chamber of Commerce, Staples, New York City Department of Small Business Services, and the U.S. Conference of Mayors. Companies were ranked by compound annual growth rate (CAGR) based on their revenue over the five-year period between 2006 and 2010, the last year for which complete data was available. This list was audited by the independent accounting firm of Rucci Bardaro and Barrett, PC.
@FortuneMagazine - Last updated May 11 2012: 10:59 AM ET
Join the Conversation
How small businesses grow, even in a tough economy

This year's Inner City 100 companies have fought off a sluggish economy through a combination of smart investment and savvy strategy. Here's how they are doing it.

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.