Colonial Heights Food Pantry Inc
Colonial Heights Food Pantry Inc shows consistent revenue growth and strong asset accumulation with no reported executive compensation.
EIN: 208932952 · Colonial Hgts, VA · NTEE: K31 · Updated: 2026-03-28
Is Colonial Heights Food Pantry Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Colonial Heights Food Pantry Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Colonial Heights Food Pantry Inc
Colonial Heights Food Pantry Inc (EIN: 208932952) is a nonprofit organization based in Colonial Hgts, VA, classified under NTEE code K31. The organization reported total revenue of $1.6M and total assets of $832K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Colonial Heights Food Pantry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Colonial Heights Food Pantry Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $1.4M |
| Surplus / Deficit | +$204K |
| Total Assets | $1.2M |
| Total Liabilities | $673K |
| Net Assets | $511K |
| Operating Margin | 12.6% |
| Debt-to-Asset Ratio | 56.8% |
| Months of Reserves | 10.1 months |
Financial Health Grade: A
In 2023, Colonial Heights Food Pantry Inc reported a surplus of $204K with revenue exceeding expenses, holds 10.1 months of operating reserves (strong position), has a debt-to-asset ratio of 56.8% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Colonial Heights Food Pantry Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.7% | +5.7% | +264.8% |
| 2022 | +4.4% | +18.2% | -1.5% |
| 2021 | +9.8% | +3.0% | +77.1% |
| 2020 | +9.3% | +0.3% | +105.7% |
| 2019 | -1.3% | -0.7% | -22.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Colonial Heights Food Pantry Inc 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Colonial Heights Food Pantry Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 surplus of $204K, with revenue exceeding expenses.
- Debt-to-asset ratio: 56.8%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly unusual for an organization with over $1.6 million in annual revenue and suggests a volunteer-led executive structure.
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 Colonial Heights Food Pantry Inc's IRS 990 filings:
- Significant increase in liabilities in the latest filing period (from $17,044 to $673,146) without immediate explanation in summary data.
- Lack of detailed functional expense breakdown in provided summary data makes precise spending efficiency assessment challenging.
Strengths
The following positive indicators were identified for Colonial Heights Food Pantry Inc:
- Consistent revenue growth, from $1,069,061 in 201906 to $1,616,404 in 202306.
- Strong asset accumulation, increasing from $90,444 in 201906 to $1,184,644 in 202306.
- No reported officer compensation across all filings, indicating high dedication of resources to mission.
- Consistent financial surpluses, with revenue exceeding expenses in most recent periods (e.g., $1,616,404 revenue vs. $1,412,593 expenses in 202306).
Frequently Asked Questions about Colonial Heights Food Pantry Inc
Is Colonial Heights Food Pantry Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Colonial Heights Food Pantry Inc (EIN: 208932952) some concerns. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.
How does Colonial Heights Food Pantry Inc spend its money?
Colonial Heights Food Pantry Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Colonial Heights Food Pantry Inc tax-deductible?
Colonial Heights Food Pantry Inc is registered as a tax-exempt nonprofit (EIN: 208932952). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Colonial Heights Food Pantry Inc manage to operate with no reported officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or that compensation is structured in a way that is not reported as 'officer compensation' on the 990, though the former is more likely given the consistent trend.
What caused the significant increase in liabilities from $17,044 in 202206 to $673,146 in 202306?
The substantial jump in liabilities in the latest filing period (202306) warrants further investigation. This could be due to a new loan, deferred revenue, or other financial obligations related to expansion or significant operational changes.
What is the specific breakdown of program, administrative, and fundraising expenses?
While the summary data doesn't provide this detail, a full IRS Form 990 would contain a functional expense statement (Part IX) that breaks down expenses into program service, management and general, and fundraising categories, which is crucial for a complete spending efficiency assessment.
Filing History
IRS 990 filing history for Colonial Heights Food Pantry Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Colonial Heights Food Pantry Inc's revenue has grown by 156.8%, moving from $629K to $1.6M. Total assets increased by 409.9% over the same period, from $232K to $1.2M. Total functional expenses rose by 121.6%, from $638K to $1.4M. In its most recent filing year (2023), Colonial Heights Food Pantry Inc reported a surplus of $204K, with revenue exceeding expenses. The organization holds $673K in liabilities against $1.2M in assets (debt-to-asset ratio: 56.8%), resulting in net assets of $511K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $1.4M | $1.2M | $673K | — | View 990 |
| 2022 | $1.3M | $1.3M | $325K | $17K | — | View 990 |
| 2021 | $1.3M | $1.1M | $330K | $25K | — | View 990 |
| 2020 | $1.2M | $1.1M | $186K | $34K | — | View 990 |
| 2019 | $1.1M | $1.1M | $90K | $9K | — | View 990 |
| 2018 | $1.1M | $1.1M | $116K | $8K | — | View 990 |
| 2017 | $1.0M | $1.1M | $139K | $12K | — | View 990 |
| 2016 | $1.1M | $1.2M | $173K | $10K | — | View 990 |
| 2015 | $1.0M | $1.1M | $220K | $16K | — | View 990 |
| 2014 | $1.1M | $1.0M | $298K | $13K | — | View 990 |
| 2013 | $975K | $987K | $243K | $18K | — | View 990 |
| 2012 | $848K | $836K | $249K | $12K | — | View 990 |
| 2011 | $629K | $638K | $232K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $1.4M, and assets of $1.2M (revenue +20.7% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $325K (revenue +4.4% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.1M, and assets of $330K (revenue +9.8% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.1M, and assets of $186K (revenue +9.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $90K (revenue -1.3% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $116K (revenue +5.6% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.1M, and assets of $139K (revenue -10.5% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.2M, and assets of $173K (revenue +12.0% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $220K (revenue -5.3% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $298K (revenue +10.6% year-over-year).
- 2013: Revenue of $975K, expenses of $987K, and assets of $243K (revenue +15.0% year-over-year).
- 2012: Revenue of $848K, expenses of $836K, and assets of $249K (revenue +34.7% year-over-year).
- 2011: Revenue of $629K, expenses of $638K, and assets of $232K.
Data Sources and Methodology
This transparency report for Colonial Heights Food Pantry Inc 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.