Bethel Area District Exchange And Food Pantry
EIN: 454126626 · Bethel, ME · NTEE: K31
| Metric | Value |
|---|---|
| Total Revenue | $279K |
| Total Expenses | $167K |
| Net Assets | $498K |
Is Bethel Area District Exchange And Food Pantry Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bethel Area District Exchange And Food Pantry
Bethel Area District Exchange And Food Pantry (EIN: 454126626) is a nonprofit organization based in Bethel, ME, classified under NTEE code K31. The organization reported total revenue of $279K and total assets of $978K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bethel Area District Exchange And Food Pantry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bethel Area District Exchange And Food Pantry is a small nonprofit that has been operating for 13 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 69.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $540K |
| Total Expenses | $167K |
| Surplus / Deficit | +$374K |
| Total Assets | $1.2M |
| Total Liabilities | $708K |
| Net Assets | $498K |
| Operating Margin | 69.2% |
| Debt-to-Asset Ratio | 58.7% |
| Months of Reserves | 87.0 months |
Financial Health Grade: A
In 2023, Bethel Area District Exchange And Food Pantry reported a surplus of $374K with revenue exceeding expenses, holds 87.0 months of operating reserves (strong position), has a debt-to-asset ratio of 58.7% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Bethel Area District Exchange And Food Pantry's revenue has grown at a compound annual growth rate (CAGR) of 69.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +806.6% | +138.5% | +867.7% |
| 2022 | +9.7% | +71.4% | -9.0% |
| 2021 | -51.1% | -21.8% | +13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bethel Area District Exchange And Food Pantry 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 Bethel Area District Exchange And Food Pantry 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 $374K, with revenue exceeding expenses.
- Debt-to-asset ratio: 58.7%.
Frequently Asked Questions about Bethel Area District Exchange And Food Pantry
Is Bethel Area District Exchange And Food Pantry a legitimate charity?
Based on AI analysis of IRS 990 filings, Bethel Area District Exchange And Food Pantry (EIN: 454126626) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bethel Area District Exchange And Food Pantry spend its money?
Detailed spending breakdown data is not yet available for Bethel Area District Exchange And Food Pantry. Check back for updated IRS 990 analysis.
Are donations to Bethel Area District Exchange And Food Pantry tax-deductible?
Bethel Area District Exchange And Food Pantry is registered as a tax-exempt nonprofit (EIN: 454126626). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bethel Area District Exchange And Food Pantry located?
Bethel Area District Exchange And Food Pantry is headquartered in Bethel, Maine and files with the IRS under EIN 454126626. It is classified under NTEE code K31.
How many years of IRS 990 filings does Bethel Area District Exchange And Food Pantry have?
Bethel Area District Exchange And Food Pantry 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 $279K in total revenue.
Filing History
IRS 990 filing history for Bethel Area District Exchange And Food Pantry showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Bethel Area District Exchange And Food Pantry's revenue has grown by 386.3%, moving from $111K to $540K. Total assets increased by 899.1% over the same period, from $121K to $1.2M. Total functional expenses rose by 219.8%, from $52K to $167K. In its most recent filing year (2023), Bethel Area District Exchange And Food Pantry reported a surplus of $374K, with revenue exceeding expenses. The organization holds $708K in liabilities against $1.2M in assets (debt-to-asset ratio: 58.7%), resulting in net assets of $498K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $540K | $167K | $1.2M | $708K | — | — |
| 2022 | $60K | $70K | $125K | $7K | — | View 990 |
| 2021 | $54K | $41K | $137K | $9K | — | View 990 |
| 2020 | $111K | $52K | $121K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $540K, expenses of $167K, and assets of $1.2M (revenue +806.6% year-over-year).
- 2022: Revenue of $60K, expenses of $70K, and assets of $125K (revenue +9.7% year-over-year).
- 2021: Revenue of $54K, expenses of $41K, and assets of $137K (revenue -51.1% year-over-year).
- 2020: Revenue of $111K, expenses of $52K, and assets of $121K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bethel Area District Exchange And Food Pantry:
Data Sources and Methodology
This transparency report for Bethel Area District Exchange And Food Pantry 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.