Bowdoinham Food Pantry
EIN: 462261592 · Bowdoinham, ME · NTEE: K31
| Metric | Value |
|---|---|
| Total Revenue | $144K |
| Total Expenses | $91K |
| Net Assets | $144K |
Is Bowdoinham 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 Bowdoinham Food Pantry
Bowdoinham Food Pantry (EIN: 462261592) is a nonprofit organization based in Bowdoinham, ME, classified under NTEE code K31. The organization reported total revenue of $144K and total assets of $194K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bowdoinham Food Pantry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bowdoinham Food Pantry is a small nonprofit that has been operating for 10 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 39.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $99K |
| Total Expenses | $91K |
| Surplus / Deficit | +$8K |
| Total Assets | $144K |
| Net Assets | $144K |
| Operating Margin | 8.4% |
| Months of Reserves | 19.1 months |
Financial Health Grade: A
In 2023, Bowdoinham Food Pantry reported a surplus of $8K with revenue exceeding expenses, holds 19.1 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Bowdoinham Food Pantry's revenue has grown at a compound annual growth rate (CAGR) of 39.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.6% | +71.4% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bowdoinham 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 Bowdoinham 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 $8K, with revenue exceeding expenses.
Frequently Asked Questions about Bowdoinham Food Pantry
Is Bowdoinham Food Pantry a legitimate charity?
Based on AI analysis of IRS 990 filings, Bowdoinham Food Pantry (EIN: 462261592) insufficient data. 0 red flags identified, 0 strengths noted.
How does Bowdoinham Food Pantry spend its money?
Detailed spending breakdown data is not yet available for Bowdoinham Food Pantry. Check back for updated IRS 990 analysis.
Are donations to Bowdoinham Food Pantry tax-deductible?
Bowdoinham Food Pantry is registered as a tax-exempt nonprofit (EIN: 462261592). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bowdoinham Food Pantry located?
Bowdoinham Food Pantry is headquartered in Bowdoinham, Maine and files with the IRS under EIN 462261592. It is classified under NTEE code K31.
How many years of IRS 990 filings does Bowdoinham Food Pantry have?
Bowdoinham Food Pantry has 2 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 $144K in total revenue.
Filing History
IRS 990 filing history for Bowdoinham Food Pantry showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Bowdoinham Food Pantry's revenue has grown by 39.6%, moving from $71K to $99K. Total assets increased by 6.1% over the same period, from $136K to $144K. Total functional expenses rose by 71.4%, from $53K to $91K. In its most recent filing year (2023), Bowdoinham Food Pantry reported a surplus of $8K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $99K | $91K | $144K | $0 | — | View 990 |
| 2022 | $71K | $53K | $136K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bowdoinham Food Pantry:
Data Sources and Methodology
This transparency report for Bowdoinham 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.