A Better Way Food Co Op Inc
EIN: 821605305 · Williamsport, IN · NTEE: K40
| Metric | Value |
|---|---|
| Total Revenue | $113K |
| Total Expenses | $65K |
| Net Assets | $116K |
Is A Better Way Food Co Op Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About A Better Way Food Co Op Inc
A Better Way Food Co Op Inc (EIN: 821605305) is a nonprofit organization based in Williamsport, IN, classified under NTEE code K40. The organization reported total revenue of $113K and total assets of $165K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of A Better Way Food Co Op Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
A Better Way Food Co Op Inc is a small nonprofit that has been operating for 8 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $93K |
| Total Expenses | $65K |
| Surplus / Deficit | +$27K |
| Total Assets | $117K |
| Total Liabilities | $2K |
| Net Assets | $116K |
| Operating Margin | 29.5% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 21.5 months |
Financial Health Grade: A
In 2023, A Better Way Food Co Op Inc reported a surplus of $27K with revenue exceeding expenses, holds 21.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), A Better Way Food Co Op Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +90.2% | +19.4% | +29.1% |
| 2022 | -5.3% | +2.2% | -5.6% |
| 2021 | -53.8% | -29.1% | -1.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for A Better Way Food Co Op Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates A Better Way Food Co Op Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $27K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about A Better Way Food Co Op Inc
Is A Better Way Food Co Op Inc a legitimate charity?
A Better Way Food Co Op Inc (EIN: 821605305) is a registered tax-exempt nonprofit based in Indiana. It has 4 years of IRS 990 filings on record. Total revenue: $113K. No red flags identified. Financial health grade: A.
How does A Better Way Food Co Op Inc spend its money?
A Better Way Food Co Op Inc reported $113K in total revenue in IRS 990 filings. 4 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to A Better Way Food Co Op Inc tax-deductible?
A Better Way Food Co Op Inc is registered as a tax-exempt nonprofit (EIN: 821605305). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is A Better Way Food Co Op Inc located?
A Better Way Food Co Op Inc is headquartered in Williamsport, Indiana and files with the IRS under EIN 821605305. It is classified under NTEE code K40.
How many years of IRS 990 filings does A Better Way Food Co Op Inc have?
A Better Way Food Co Op Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $113K in total revenue.
Filing History
IRS 990 filing history for A Better Way Food Co Op Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), A Better Way Food Co Op Inc's revenue has declined by 16.7%, moving from $111K to $93K. Total assets increased by 20.2% over the same period, from $98K to $117K. Total functional expenses fell by 13.5%, from $76K to $65K. In its most recent filing year (2023), A Better Way Food Co Op Inc reported a surplus of $27K, with revenue exceeding expenses. The organization holds $2K in liabilities against $117K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $116K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $93K | $65K | $117K | $2K | — | — |
| 2022 | $49K | $55K | $91K | $2K | — | View 990 |
| 2021 | $51K | $54K | $96K | $1K | — | — |
| 2020 | $111K | $76K | $98K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $93K, expenses of $65K, and assets of $117K (revenue +90.2% year-over-year).
- 2022: Revenue of $49K, expenses of $55K, and assets of $91K (revenue -5.3% year-over-year).
- 2021: Revenue of $51K, expenses of $54K, and assets of $96K (revenue -53.8% year-over-year).
- 2020: Revenue of $111K, expenses of $76K, and assets of $98K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for A Better Way Food Co Op Inc:
Data Sources and Methodology
This transparency report for A Better Way Food Co Op Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.