Delaware Food Industry Council
EIN: 43614996 · Newark, DE · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $178K |
| Total Expenses | $176K |
| Net Assets | $75K |
Is Delaware Food Industry Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Delaware Food Industry Council
Delaware Food Industry Council (EIN: 43614996) is a nonprofit organization based in Newark, DE, classified under NTEE code S41. The organization reported total revenue of $178K and total assets of $157K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delaware Food Industry Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Delaware Food Industry Council is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $165K |
| Total Expenses | $176K |
| Surplus / Deficit | $-10,833 |
| Total Assets | $156K |
| Total Liabilities | $81K |
| Net Assets | $75K |
| Operating Margin | -6.6% |
| Debt-to-Asset Ratio | 52.1% |
| Months of Reserves | 10.7 months |
Financial Health Grade: C
In 2023, Delaware Food Industry Council reported a deficit of $11K with expenses exceeding revenue, holds 10.7 months of operating reserves (strong position), has a debt-to-asset ratio of 52.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Delaware Food Industry Council's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.7% | -6.7% | -7.7% |
| 2022 | -8.1% | +28.4% | -5.1% |
| 2021 | +13.3% | -5.2% | +21.1% |
| 2020 | +36.9% | +11.0% | +71.7% |
| 2019 | -7.2% | -6.9% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Delaware Food Industry Council 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 Delaware Food Industry Council 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 $11K, with expenses exceeding revenue.
- Debt-to-asset ratio: 52.1%.
Frequently Asked Questions about Delaware Food Industry Council
Is Delaware Food Industry Council a legitimate charity?
Delaware Food Industry Council (EIN: 43614996) is a registered tax-exempt nonprofit based in Delaware. It has 13 years of IRS 990 filings on record. Total revenue: $178K. No red flags identified. Financial health grade: C.
How does Delaware Food Industry Council spend its money?
Delaware Food Industry Council reported $178K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Delaware Food Industry Council tax-deductible?
Delaware Food Industry Council is registered as a tax-exempt nonprofit (EIN: 43614996). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Delaware Food Industry Council located?
Delaware Food Industry Council is headquartered in Newark, Delaware and files with the IRS under EIN 43614996. It is classified under NTEE code S41.
How many years of IRS 990 filings does Delaware Food Industry Council have?
Delaware Food Industry Council has 13 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 $178K in total revenue.
Filing History
IRS 990 filing history for Delaware Food Industry Council showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Delaware Food Industry Council's revenue has grown by 31.8%, moving from $125K to $165K. Total assets increased by 106.2% over the same period, from $76K to $156K. Total functional expenses rose by 60.9%, from $109K to $176K. In its most recent filing year (2023), Delaware Food Industry Council reported a deficit of $11K, with expenses exceeding revenue. The organization holds $81K in liabilities against $156K in assets (debt-to-asset ratio: 52.1%), resulting in net assets of $75K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $165K | $176K | $156K | $81K | — | View 990 |
| 2022 | $183K | $188K | $169K | $84K | — | View 990 |
| 2021 | $199K | $147K | $178K | $87K | — | — |
| 2020 | $175K | $155K | $147K | $108K | — | — |
| 2019 | $128K | $139K | $86K | $67K | — | View 990 |
| 2018 | $138K | $150K | $86K | $57K | — | View 990 |
| 2017 | $145K | $148K | $125K | $84K | — | View 990 |
| 2016 | $146K | $138K | $144K | $100K | — | View 990 |
| 2015 | $149K | $146K | $141K | $104K | — | View 990 |
| 2014 | $171K | $173K | $120K | $86K | — | View 990 |
| 2013 | $145K | $133K | $115K | $79K | — | View 990 |
| 2012 | $140K | $120K | $120K | $97K | — | View 990 |
| 2011 | $125K | $109K | $76K | $73K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $165K, expenses of $176K, and assets of $156K (revenue -9.7% year-over-year).
- 2022: Revenue of $183K, expenses of $188K, and assets of $169K (revenue -8.1% year-over-year).
- 2021: Revenue of $199K, expenses of $147K, and assets of $178K (revenue +13.3% year-over-year).
- 2020: Revenue of $175K, expenses of $155K, and assets of $147K (revenue +36.9% year-over-year).
- 2019: Revenue of $128K, expenses of $139K, and assets of $86K (revenue -7.2% year-over-year).
- 2018: Revenue of $138K, expenses of $150K, and assets of $86K (revenue -4.5% year-over-year).
- 2017: Revenue of $145K, expenses of $148K, and assets of $125K (revenue -0.7% year-over-year).
- 2016: Revenue of $146K, expenses of $138K, and assets of $144K (revenue -2.0% year-over-year).
- 2015: Revenue of $149K, expenses of $146K, and assets of $141K (revenue -13.4% year-over-year).
- 2014: Revenue of $171K, expenses of $173K, and assets of $120K (revenue +18.0% year-over-year).
- 2013: Revenue of $145K, expenses of $133K, and assets of $115K (revenue +3.4% year-over-year).
- 2012: Revenue of $140K, expenses of $120K, and assets of $120K (revenue +12.3% year-over-year).
- 2011: Revenue of $125K, expenses of $109K, and assets of $76K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Delaware Food Industry Council:
Data Sources and Methodology
This transparency report for Delaware Food Industry Council 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.