Big Lake Community Food Shelf
EIN: 411820136 · Big Lake, MN · NTEE: P60
| Metric | Value |
|---|---|
| Total Revenue | $485K |
| Total Expenses | $344K |
| Net Assets | $1.2M |
Is Big Lake Community Food Shelf Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Big Lake Community Food Shelf
Big Lake Community Food Shelf (EIN: 411820136) is a nonprofit organization based in Big Lake, MN, classified under NTEE code P60. The organization reported total revenue of $485K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Big Lake Community Food Shelf's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Big Lake Community Food Shelf is a small nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $429K |
| Total Expenses | $344K |
| Surplus / Deficit | +$85K |
| Total Assets | $1.2M |
| Total Liabilities | $2K |
| Net Assets | $1.2M |
| Operating Margin | 19.8% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 42.4 months |
Financial Health Grade: A
In 2023, Big Lake Community Food Shelf reported a surplus of $85K with revenue exceeding expenses, holds 42.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Big Lake Community Food Shelf's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.9% | +9.7% | +8.1% |
| 2022 | +12.3% | -6.7% | +19.7% |
| 2021 | -7.7% | +30.4% | +13.0% |
| 2020 | +119.0% | +22.7% | +36.6% |
| 2019 | -5.5% | -3.4% | +1.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Big Lake Community Food Shelf 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 Big Lake Community Food Shelf 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 $85K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Big Lake Community Food Shelf
Is Big Lake Community Food Shelf a legitimate charity?
Based on AI analysis of IRS 990 filings, Big Lake Community Food Shelf (EIN: 411820136) insufficient data. 0 red flags identified, 0 strengths noted.
How does Big Lake Community Food Shelf spend its money?
Detailed spending breakdown data is not yet available for Big Lake Community Food Shelf. Check back for updated IRS 990 analysis.
Are donations to Big Lake Community Food Shelf tax-deductible?
Big Lake Community Food Shelf is registered as a tax-exempt nonprofit (EIN: 411820136). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Big Lake Community Food Shelf located?
Big Lake Community Food Shelf is headquartered in Big Lake, Minnesota and files with the IRS under EIN 411820136. It is classified under NTEE code P60.
How many years of IRS 990 filings does Big Lake Community Food Shelf have?
Big Lake Community Food Shelf has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $485K in total revenue.
Filing History
IRS 990 filing history for Big Lake Community Food Shelf showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Big Lake Community Food Shelf's revenue has grown by 334.5%, moving from $99K to $429K. Total assets increased by 286.6% over the same period, from $315K to $1.2M. Total functional expenses rose by 211.1%, from $111K to $344K. In its most recent filing year (2023), Big Lake Community Food Shelf reported a surplus of $85K, with revenue exceeding expenses. The organization holds $2K in liabilities against $1.2M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $429K | $344K | $1.2M | $2K | — | — |
| 2022 | $498K | $314K | $1.1M | $2K | — | View 990 |
| 2021 | $444K | $336K | $940K | $2K | — | View 990 |
| 2020 | $481K | $258K | $832K | $1K | — | — |
| 2019 | $220K | $210K | $609K | $2K | — | View 990 |
| 2018 | $232K | $217K | $600K | $2K | — | View 990 |
| 2017 | $265K | $198K | $586K | $2K | — | View 990 |
| 2016 | $223K | $180K | $518K | $2K | — | View 990 |
| 2015 | $229K | $153K | $474K | $767 | — | View 990 |
| 2014 | $207K | $139K | $398K | $824 | — | View 990 |
| 2013 | $204K | $149K | $331K | $1K | — | View 990 |
| 2012 | $121K | $161K | $276K | $1K | — | View 990 |
| 2011 | $99K | $111K | $315K | $115 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $429K, expenses of $344K, and assets of $1.2M (revenue -13.9% year-over-year).
- 2022: Revenue of $498K, expenses of $314K, and assets of $1.1M (revenue +12.3% year-over-year).
- 2021: Revenue of $444K, expenses of $336K, and assets of $940K (revenue -7.7% year-over-year).
- 2020: Revenue of $481K, expenses of $258K, and assets of $832K (revenue +119.0% year-over-year).
- 2019: Revenue of $220K, expenses of $210K, and assets of $609K (revenue -5.5% year-over-year).
- 2018: Revenue of $232K, expenses of $217K, and assets of $600K (revenue -12.2% year-over-year).
- 2017: Revenue of $265K, expenses of $198K, and assets of $586K (revenue +18.7% year-over-year).
- 2016: Revenue of $223K, expenses of $180K, and assets of $518K (revenue -2.6% year-over-year).
- 2015: Revenue of $229K, expenses of $153K, and assets of $474K (revenue +10.6% year-over-year).
- 2014: Revenue of $207K, expenses of $139K, and assets of $398K (revenue +1.5% year-over-year).
- 2013: Revenue of $204K, expenses of $149K, and assets of $331K (revenue +68.5% year-over-year).
- 2012: Revenue of $121K, expenses of $161K, and assets of $276K (revenue +22.7% year-over-year).
- 2011: Revenue of $99K, expenses of $111K, and assets of $315K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Big Lake Community Food Shelf:
Data Sources and Methodology
This transparency report for Big Lake Community Food Shelf 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.