Cashmere Food Bank
EIN: 465630025 · Cashmere, WA · NTEE: K31
| Metric | Value |
|---|---|
| Total Revenue | $270K |
| Total Expenses | $222K |
| Net Assets | $199K |
Is Cashmere Food Bank Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cashmere Food Bank
Cashmere Food Bank (EIN: 465630025) is a nonprofit organization based in Cashmere, WA, classified under NTEE code K31. The organization reported total revenue of $270K and total assets of $198K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cashmere Food Bank's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cashmere Food Bank is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 17.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $232K |
| Total Expenses | $222K |
| Surplus / Deficit | +$10K |
| Total Assets | $200K |
| Total Liabilities | $1K |
| Net Assets | $199K |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 10.8 months |
Financial Health Grade: A
In 2023, Cashmere Food Bank reported a surplus of $10K with revenue exceeding expenses, holds 10.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Cashmere Food Bank's revenue has grown at a compound annual growth rate (CAGR) of 17.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.8% | -0.7% | +4.9% |
| 2022 | +5.0% | +130.1% | -25.2% |
| 2021 | -17.2% | +36.4% | +26.0% |
| 2020 | +4.1% | -52.9% | +118.5% |
| 2019 | +24.6% | +21.9% | +32.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cashmere Food Bank 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 Cashmere Food Bank 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 $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Cashmere Food Bank
Is Cashmere Food Bank a legitimate charity?
Based on AI analysis of IRS 990 filings, Cashmere Food Bank (EIN: 465630025) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cashmere Food Bank spend its money?
Detailed spending breakdown data is not yet available for Cashmere Food Bank. Check back for updated IRS 990 analysis.
Are donations to Cashmere Food Bank tax-deductible?
Cashmere Food Bank is registered as a tax-exempt nonprofit (EIN: 465630025). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cashmere Food Bank located?
Cashmere Food Bank is headquartered in Cashmere, Washington and files with the IRS under EIN 465630025. It is classified under NTEE code K31.
How many years of IRS 990 filings does Cashmere Food Bank have?
Cashmere Food Bank has 10 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 $270K in total revenue.
Filing History
IRS 990 filing history for Cashmere Food Bank showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Cashmere Food Bank's revenue has grown by 310.5%, moving from $57K to $232K. Total assets increased by 764.2% over the same period, from $23K to $200K. Total functional expenses rose by 361.5%, from $48K to $222K. In its most recent filing year (2023), Cashmere Food Bank reported a surplus of $10K, with revenue exceeding expenses. The organization holds $1K in liabilities against $200K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $199K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $232K | $222K | $200K | $1K | — | View 990 |
| 2022 | $157K | $224K | $190K | $2K | — | View 990 |
| 2021 | $150K | $97K | $255K | $0 | — | View 990 |
| 2020 | $181K | $71K | $202K | $0 | — | — |
| 2019 | $174K | $151K | $93K | $0 | — | View 990 |
| 2018 | $139K | $124K | $70K | $0 | — | View 990 |
| 2017 | $110K | $86K | $54K | $0 | — | View 990 |
| 2016 | $108K | $124K | $30K | $0 | — | — |
| 2015 | $130K | $107K | $46K | $0 | — | View 990 |
| 2014 | $57K | $48K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $232K, expenses of $222K, and assets of $200K (revenue +47.8% year-over-year).
- 2022: Revenue of $157K, expenses of $224K, and assets of $190K (revenue +5.0% year-over-year).
- 2021: Revenue of $150K, expenses of $97K, and assets of $255K (revenue -17.2% year-over-year).
- 2020: Revenue of $181K, expenses of $71K, and assets of $202K (revenue +4.1% year-over-year).
- 2019: Revenue of $174K, expenses of $151K, and assets of $93K (revenue +24.6% year-over-year).
- 2018: Revenue of $139K, expenses of $124K, and assets of $70K (revenue +27.1% year-over-year).
- 2017: Revenue of $110K, expenses of $86K, and assets of $54K (revenue +1.9% year-over-year).
- 2016: Revenue of $108K, expenses of $124K, and assets of $30K (revenue -17.4% year-over-year).
- 2015: Revenue of $130K, expenses of $107K, and assets of $46K (revenue +130.2% year-over-year).
- 2014: Revenue of $57K, expenses of $48K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cashmere Food Bank:
Data Sources and Methodology
This transparency report for Cashmere Food Bank 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.