Culinarians Home Foundation Inc
Culinarians Home Foundation maintains strong asset growth with no reported executive compensation.
EIN: 131635296 · New York, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $1.7M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $35 |
| Net Assets | $34.6M |
| Transparency Score | 92/100 |
Is Culinarians Home Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Culinarians Home Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Culinarians Home Foundation Inc
Culinarians Home Foundation Inc (EIN: 131635296) is a nonprofit organization based in New York, NY. The organization reported total revenue of $4.5M and total assets of $36.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Culinarians Home Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Culinarians Home Foundation Inc is a mid-size nonprofit that has been operating for 82 years, with 9 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.7M |
| Surplus / Deficit | $-297,961 |
| Total Assets | $35.2M |
| Total Liabilities | $586K |
| Net Assets | $34.6M |
| Operating Margin | -21.0% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 245.9 months |
Financial Health Grade: B
In 2023, Culinarians Home Foundation Inc reported a deficit of $298K with expenses exceeding revenue, holds 245.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), Culinarians Home Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.8% | +4.8% | +4.0% |
| 2022 | -24.1% | +4.4% | -1.3% |
| 2021 | +88.7% | +0.8% | +20.6% |
| 2020 | -36.9% | +0.5% | -8.9% |
| 2019 | -5.0% | +14.0% | +19.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1944 |
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 Culinarians Home Foundation 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, Culinarians Home Foundation 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 deficit of $298K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation from the organization, which is highly commendable for a nonprofit of its size with assets exceeding $35 million.
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 Culinarians Home Foundation Inc's IRS 990 filings:
- None identified based on the provided financial summary.
Strengths
The following positive indicators were identified for Culinarians Home Foundation Inc:
- Consistent and significant asset growth, from $22M in 2012 to $35M in 2023.
- Zero reported executive compensation across all filings, indicating high efficiency and mission focus.
- Strong financial stability with liabilities consistently representing a very small portion of total assets.
- Regular IRS 990 filings demonstrate commitment to transparency and compliance.
- Generally operates with a surplus, contributing to long-term financial health.
Frequently Asked Questions about Culinarians Home Foundation Inc
Is Culinarians Home Foundation Inc a legitimate charity?
Culinarians Home Foundation Inc (EIN: 131635296) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 9 years of IRS 990 filings on record. Total revenue: $4.5M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Culinarians Home Foundation Inc spend its money?
Culinarians Home Foundation Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Culinarians Home Foundation Inc tax-deductible?
Culinarians Home Foundation Inc is registered as a tax-exempt nonprofit (EIN: 131635296). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Culinarians Home Foundation Inc CEO make?
Culinarians Home Foundation Inc's highest-compensated officer earns $35 annually. The organization reported $4.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Culinarians Home Foundation Inc's spending goes to programs?
Culinarians Home Foundation Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Culinarians Home Foundation Inc located?
Culinarians Home Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 131635296.
How many years of IRS 990 filings does Culinarians Home Foundation Inc have?
Culinarians Home Foundation Inc has 9 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 $4.5M in total revenue.
Is Culinarians Home Foundation Inc a good charity?
Based on the provided data, Culinarians Home Foundation Inc appears to be a very good charity. It demonstrates strong financial health with significant asset growth, consistently low liabilities, and notably, zero reported executive compensation, suggesting a high dedication to its mission.
How has the organization's financial health changed over time?
The organization's financial health has steadily improved over time, with assets growing from $22,088,651 in 2012 to $35,234,707 in 2023. While annual revenues and expenses fluctuate, the overall trend shows consistent asset accumulation and prudent financial management.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is to report none. Across all nine available IRS 990 filings, officer compensation is listed as 0%, indicating that no salaries or other compensation were paid to its officers or key employees.
Filing History
IRS 990 filing history for Culinarians Home Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), Culinarians Home Foundation Inc's revenue has grown by 17.5%, moving from $1.2M to $1.4M. Total assets increased by 59.5% over the same period, from $22.1M to $35.2M. Total functional expenses rose by 32.3%, from $1.3M to $1.7M. In its most recent filing year (2023), Culinarians Home Foundation Inc reported a deficit of $298K, with expenses exceeding revenue. The organization holds $586K in liabilities against $35.2M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $34.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.7M | $35.2M | $586K | — | — |
| 2022 | $1.7M | $1.6M | $33.9M | $535K | — | View 990 |
| 2021 | $2.2M | $1.6M | $34.3M | $544K | — | View 990 |
| 2020 | $1.2M | $1.6M | $28.5M | $531K | — | View 990 |
| 2019 | $1.9M | $1.6M | $31.2M | $608K | — | View 990 |
| 2015 | $2.0M | $1.4M | $26.1M | $624K | — | View 990 |
| 2014 | $2.0M | $1.4M | $27.3M | $676K | — | View 990 |
| 2013 | $1.5M | $1.4M | $24.0M | $617K | — | View 990 |
| 2012 | $1.2M | $1.3M | $22.1M | $609K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.7M, and assets of $35.2M (revenue -15.8% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.6M, and assets of $33.9M (revenue -24.1% year-over-year).
- 2021: Revenue of $2.2M, expenses of $1.6M, and assets of $34.3M (revenue +88.7% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.6M, and assets of $28.5M (revenue -36.9% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.6M, and assets of $31.2M (revenue -5.0% year-over-year).
- 2015: Revenue of $2.0M, expenses of $1.4M, and assets of $26.1M (revenue +-0.0% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.4M, and assets of $27.3M (revenue +33.7% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.4M, and assets of $24.0M (revenue +21.6% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.3M, and assets of $22.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Culinarians Home Foundation Inc:
Data Sources and Methodology
This transparency report for Culinarians Home Foundation 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.