Central Utah Food Sharing
EIN: 742525453 · Richfield, UT
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.5M |
| Net Assets | $460K |
Is Central Utah Food Sharing Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Central Utah Food Sharing
Central Utah Food Sharing (EIN: 742525453) is a nonprofit organization based in Richfield, UT. The organization reported total revenue of $2.0M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Utah Food Sharing's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Utah Food Sharing is a mid-size nonprofit that has been operating for 37 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-165,427 |
| Total Assets | $460K |
| Net Assets | $460K |
| Operating Margin | -12.6% |
| Months of Reserves | 3.7 months |
Financial Health Grade: B
In 2023, Central Utah Food Sharing reported a deficit of $165K with expenses exceeding revenue, holds 3.7 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2012–2023), Central Utah Food Sharing's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.7% | +5.1% | -26.5% |
| 2022 | +43.5% | +39.9% | +57.1% |
| 2021 | +23.4% | +20.6% | +50.2% |
| 2020 | +3.7% | -9.5% | +50.2% |
| 2019 | +4.8% | +9.4% | -20.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Central Utah Food Sharing 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 Central Utah Food Sharing 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 deficit of $165K, with expenses exceeding revenue.
Frequently Asked Questions about Central Utah Food Sharing
Is Central Utah Food Sharing a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Utah Food Sharing (EIN: 742525453) insufficient data. 0 red flags identified, 0 strengths noted.
How does Central Utah Food Sharing spend its money?
Detailed spending breakdown data is not yet available for Central Utah Food Sharing. Check back for updated IRS 990 analysis.
Are donations to Central Utah Food Sharing tax-deductible?
Central Utah Food Sharing is registered as a tax-exempt nonprofit (EIN: 742525453). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Central Utah Food Sharing located?
Central Utah Food Sharing is headquartered in Richfield, Utah and files with the IRS under EIN 742525453.
How many years of IRS 990 filings does Central Utah Food Sharing have?
Central Utah Food Sharing has 12 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 $2.0M in total revenue.
Filing History
IRS 990 filing history for Central Utah Food Sharing showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Central Utah Food Sharing's revenue has grown by 51.1%, moving from $870K to $1.3M. Total assets increased by 162.5% over the same period, from $175K to $460K. Total functional expenses rose by 67.9%, from $882K to $1.5M. In its most recent filing year (2023), Central Utah Food Sharing reported a deficit of $165K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.5M | $460K | $0 | — | View 990 |
| 2022 | $1.6M | $1.4M | $626K | $319 | — | View 990 |
| 2021 | $1.1M | $1.0M | $398K | $828 | — | View 990 |
| 2020 | $923K | $834K | $265K | $933 | — | View 990 |
| 2019 | $891K | $922K | $177K | $1K | — | View 990 |
| 2018 | $850K | $843K | $221K | $9K | — | View 990 |
| 2017 | $792K | $813K | $206K | $1K | — | View 990 |
| 2016 | $863K | $922K | $227K | $925 | — | View 990 |
| 2015 | $723K | $693K | $286K | $1K | — | View 990 |
| 2014 | $955K | $960K | $257K | $1K | — | View 990 |
| 2013 | $1.2M | $1.1M | $272K | $950 | — | View 990 |
| 2012 | $870K | $882K | $175K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.5M, and assets of $460K (revenue -19.7% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.4M, and assets of $626K (revenue +43.5% year-over-year).
- 2021: Revenue of $1.1M, expenses of $1.0M, and assets of $398K (revenue +23.4% year-over-year).
- 2020: Revenue of $923K, expenses of $834K, and assets of $265K (revenue +3.7% year-over-year).
- 2019: Revenue of $891K, expenses of $922K, and assets of $177K (revenue +4.8% year-over-year).
- 2018: Revenue of $850K, expenses of $843K, and assets of $221K (revenue +7.3% year-over-year).
- 2017: Revenue of $792K, expenses of $813K, and assets of $206K (revenue -8.2% year-over-year).
- 2016: Revenue of $863K, expenses of $922K, and assets of $227K (revenue +19.4% year-over-year).
- 2015: Revenue of $723K, expenses of $693K, and assets of $286K (revenue -24.3% year-over-year).
- 2014: Revenue of $955K, expenses of $960K, and assets of $257K (revenue -20.8% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $272K (revenue +38.7% year-over-year).
- 2012: Revenue of $870K, expenses of $882K, and assets of $175K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Utah Food Sharing:
Data Sources and Methodology
This transparency report for Central Utah Food Sharing 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.