Eastern North Carolina Food Commercialization Center
EIN: 834091332 · Ayden, NC
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $154K |
| Net Assets | $1.1M |
Is Eastern North Carolina Food Commercialization Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eastern North Carolina Food Commercialization Center
Eastern North Carolina Food Commercialization Center (EIN: 834091332) is a nonprofit organization based in Ayden, NC. The organization reported total revenue of $2.5M and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eastern North Carolina Food Commercialization Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eastern North Carolina Food Commercialization Center is a mid-size nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2021–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $716K |
| Total Expenses | $154K |
| Surplus / Deficit | +$562K |
| Total Assets | $4.4M |
| Total Liabilities | $3.3M |
| Net Assets | $1.1M |
| Operating Margin | 78.5% |
| Debt-to-Asset Ratio | 74.3% |
| Months of Reserves | 341.6 months |
Financial Health Grade: A
In 2023, Eastern North Carolina Food Commercialization Center reported a surplus of $562K with revenue exceeding expenses, holds 341.6 months of operating reserves (strong position), has a debt-to-asset ratio of 74.3% (high leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.1% | -25.0% | +12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eastern North Carolina Food Commercialization Center 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 Eastern North Carolina Food Commercialization Center 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 $562K, with revenue exceeding expenses.
- Debt-to-asset ratio: 74.3%.
Frequently Asked Questions about Eastern North Carolina Food Commercialization Center
Is Eastern North Carolina Food Commercialization Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Eastern North Carolina Food Commercialization Center (EIN: 834091332) insufficient data. 0 red flags identified, 0 strengths noted.
How does Eastern North Carolina Food Commercialization Center spend its money?
Detailed spending breakdown data is not yet available for Eastern North Carolina Food Commercialization Center. Check back for updated IRS 990 analysis.
Are donations to Eastern North Carolina Food Commercialization Center tax-deductible?
Eastern North Carolina Food Commercialization Center is registered as a tax-exempt nonprofit (EIN: 834091332). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eastern North Carolina Food Commercialization Center located?
Eastern North Carolina Food Commercialization Center is headquartered in Ayden, North Carolina and files with the IRS under EIN 834091332.
How many years of IRS 990 filings does Eastern North Carolina Food Commercialization Center have?
Eastern North Carolina Food Commercialization Center has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $2.5M in total revenue.
Filing History
IRS 990 filing history for Eastern North Carolina Food Commercialization Center showing financial trends over 3 years of public records:
Total functional expenses rose by 7177.3%, from $2K to $154K. In its most recent filing year (2023), Eastern North Carolina Food Commercialization Center reported a surplus of $562K, with revenue exceeding expenses. The organization holds $3.3M in liabilities against $4.4M in assets (debt-to-asset ratio: 74.3%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $716K | $154K | $4.4M | $3.3M | — | View 990 |
| 2022 | $770K | $205K | $3.9M | $3.3M | — | View 990 |
| 2021 | $0 | $2K | $0 | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $716K, expenses of $154K, and assets of $4.4M (revenue -7.1% year-over-year).
- 2022: Revenue of $770K, expenses of $205K, and assets of $3.9M.
- 2021: Revenue of $0, expenses of $2K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eastern North Carolina Food Commercialization Center:
Data Sources and Methodology
This transparency report for Eastern North Carolina Food Commercialization Center 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.