Bon Apetit Community Meal Program
Bon Apetit Community Meal Program maintains stable finances with no executive compensation and growing assets.
EIN: 10462772 · Biddeford, ME · NTEE: K35 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $102K |
| Total Expenses | $64K |
| Program Spending | 90% |
| Net Assets | $104K |
| Transparency Score | 92/100 |
Is Bon Apetit Community Meal Program Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bon Apetit Community Meal Program directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bon Apetit Community Meal Program
Bon Apetit Community Meal Program (EIN: 10462772) is a nonprofit organization based in Biddeford, ME, classified under NTEE code K35. The organization reported total revenue of $102K and total assets of $144K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bon Apetit Community Meal Program's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bon Apetit Community Meal Program is a small nonprofit that has been operating for 3 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $64K |
| Surplus / Deficit | $-1,364 |
| Total Assets | $104K |
| Net Assets | $104K |
| Operating Margin | -2.2% |
| Months of Reserves | 19.4 months |
Financial Health Grade: B
In 2023, Bon Apetit Community Meal Program reported a deficit of $1K with expenses exceeding revenue, holds 19.4 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Bon Apetit Community Meal Program's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.7% | -39.9% | -1.3% |
| 2022 | +7.2% | +87.7% | -19.6% |
| 2021 | -26.4% | +7.0% | +16.9% |
| 2020 | +29.5% | +3.0% | +80.2% |
| 2019 | +82.4% | +4.9% | +187.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bon Apetit Community Meal Program with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Bon Apetit Community Meal Program allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of this size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bon Apetit Community Meal Program's IRS 990 filings:
- Minor operating deficit in 2023 ($62,892 revenue vs. $64,256 expenses) and 2022 ($81,335 revenue vs. $106,968 expenses), though not significant enough to indicate long-term instability given asset base.
Strengths
The following positive indicators were identified for Bon Apetit Community Meal Program:
- Consistent 0% officer compensation across all filings, indicating high efficiency and direct program focus.
- No reported liabilities in any filing, demonstrating strong financial management and stability.
- Healthy growth in assets over the past decade, from $29,922 in 2012 to $104,027 in 2023.
- Consistent filing of IRS Form 990s over 11 periods, indicating strong transparency.
- Revenue and assets are well-matched for an organization of its size, supporting its mission effectively.
Frequently Asked Questions about Bon Apetit Community Meal Program
Is Bon Apetit Community Meal Program a legitimate charity?
Based on AI analysis of IRS 990 filings, Bon Apetit Community Meal Program (EIN: 10462772) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Bon Apetit Community Meal Program spend its money?
Bon Apetit Community Meal Program directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bon Apetit Community Meal Program tax-deductible?
Bon Apetit Community Meal Program is registered as a tax-exempt nonprofit (EIN: 10462772). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Bon Apetit Community Meal Program compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Bon Apetit Community Meal Program is above average for NTEE category K35 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bon Apetit Community Meal Program located?
Bon Apetit Community Meal Program is headquartered in Biddeford, Maine and files with the IRS under EIN 10462772. It is classified under NTEE code K35.
How many years of IRS 990 filings does Bon Apetit Community Meal Program have?
Bon Apetit Community Meal Program has 11 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 $102K in total revenue.
Is Bon Apetit Community Meal Program a good charity?
Based on the available financial data, Bon Apetit Community Meal Program appears to be a very good charity. It demonstrates strong financial stability with growing assets and no liabilities, efficient spending with 0% officer compensation, and consistent transparency through its IRS 990 filings.
How has Bon Apetit Community Meal Program's financial health changed over time?
Bon Apetit Community Meal Program has shown consistent growth in assets, from $29,922 in 2012 to $104,027 in 2023. While revenue and expenses fluctuate year-to-year, the overall trend indicates a stable organization capable of managing its operations without incurring debt.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership or that executive roles are compensated through non-officer categories, which is a strong indicator of resource allocation directly to mission-related activities.
Filing History
IRS 990 filing history for Bon Apetit Community Meal Program showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Bon Apetit Community Meal Program's revenue has grown by 46.9%, moving from $43K to $63K. Total assets increased by 242.8% over the same period, from $30K to $104K. Total functional expenses rose by 20.4%, from $53K to $64K. In its most recent filing year (2023), Bon Apetit Community Meal Program reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $63K | $64K | $104K | $0 | — | — |
| 2022 | $81K | $107K | $105K | $0 | — | — |
| 2021 | $76K | $57K | $131K | $0 | — | — |
| 2020 | $103K | $53K | $112K | $0 | — | — |
| 2019 | $80K | $52K | $62K | $0 | — | — |
| 2016 | $44K | $49K | $22K | $0 | — | View 990 |
| 2015 | $48K | $44K | $27K | $0 | — | View 990 |
| 2014 | $45K | $48K | $22K | $0 | — | View 990 |
| 2013 | $39K | $45K | $25K | $0 | — | View 990 |
| 2012 | $44K | $45K | $30K | $0 | — | View 990 |
| 2011 | $43K | $53K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $63K, expenses of $64K, and assets of $104K (revenue -22.7% year-over-year).
- 2022: Revenue of $81K, expenses of $107K, and assets of $105K (revenue +7.2% year-over-year).
- 2021: Revenue of $76K, expenses of $57K, and assets of $131K (revenue -26.4% year-over-year).
- 2020: Revenue of $103K, expenses of $53K, and assets of $112K (revenue +29.5% year-over-year).
- 2019: Revenue of $80K, expenses of $52K, and assets of $62K (revenue +82.4% year-over-year).
- 2016: Revenue of $44K, expenses of $49K, and assets of $22K (revenue -9.8% year-over-year).
- 2015: Revenue of $48K, expenses of $44K, and assets of $27K (revenue +7.6% year-over-year).
- 2014: Revenue of $45K, expenses of $48K, and assets of $22K (revenue +13.9% year-over-year).
- 2013: Revenue of $39K, expenses of $45K, and assets of $25K (revenue -10.9% year-over-year).
- 2012: Revenue of $44K, expenses of $45K, and assets of $30K (revenue +3.5% year-over-year).
- 2011: Revenue of $43K, expenses of $53K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bon Apetit Community Meal Program:
Data Sources and Methodology
This transparency report for Bon Apetit Community Meal Program 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.