Is Verona Community Food Pantry Legit?

Quick charity verification for Verona Community Food Pantry (EIN: 205258949)

Verdict: Verona Community Food Pantry appears trustworthy

98/100Mission Score
$2.2MRevenue
$795KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Verona Community Food Pantry allocates its funds across programs, administration, and fundraising.

95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Verona Community Food Pantry

Is Verona Community Food Pantry a legitimate charity?

Based on AI analysis of IRS 990 filings, Verona Community Food Pantry (EIN: 205258949) appears trustworthy. Mission Score: 98/100. 0 red flags identified, 5 strengths noted.

Is Verona Community Food Pantry a good charity to donate to?

Verona Community Food Pantry has a Mission Score of 98/100. Revenue: $2.2M. Assets: $795K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Verona Community Food Pantry?

The Employer Identification Number (EIN) for Verona Community Food Pantry is 205258949. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Verona Community Food Pantry spend its money?

Verona Community Food Pantry allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Verona Community Food Pantry's tax-exempt status?

You can verify Verona Community Food Pantry's tax-exempt status using EIN 205258949 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

The Verona Community Food Pantry demonstrates strong financial health and a clear commitment to its mission, as evidenced by its IRS 990 filings. The organization has experienced significant growth in revenue and expenses over the past few years, with revenue increasing from $157,292 in 2020 to $1,964,522 in 2023. Despite this rapid expansion, the pantry has maintained a lean operational structure, consistently reporting 0% officer compensation across all available filings, indicating a volunteer-driven leadership model. This suggests a highly efficient use of donor funds directly for programmatic activities. The organization's spending efficiency appears robust, with expenses closely tracking revenue, particularly in recent years. For instance, in 2023, expenses were $1,999,398 against revenues of $1,964,522, showing that nearly all incoming funds are being deployed to meet community needs. The consistent reporting of zero liabilities across all periods further underscores sound financial management and a lack of debt burden. The growth in assets from $189,013 in 2016 to $777,457 in 2023 also indicates a healthy accumulation of resources to support its long-term operations. Transparency is excellent, with 12 filings available and clear financial reporting. The absence of officer compensation is a significant positive indicator of resources being directed towards the mission rather than administrative overhead. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial picture strongly suggests a high proportion of spending is dedicated to direct program services, given the nature of a food pantry and the lack of executive salaries.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages