Food And Medicine
EIN: 50561675 · Brewer, ME
Is Food And Medicine Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Food And Medicine
Food And Medicine (EIN: 50561675) is a nonprofit organization based in Brewer, ME. The organization reported total revenue of $694K and total assets of $388K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Food And Medicine's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Food And Medicine is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $583K |
| Total Expenses | $557K |
| Surplus / Deficit | +$26K |
| Total Assets | $335K |
| Total Liabilities | $135K |
| Net Assets | $200K |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 40.3% |
| Months of Reserves | 7.2 months |
Financial Health Grade: A
In 2023, Food And Medicine reported a surplus of $26K with revenue exceeding expenses, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 40.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Food And Medicine's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.2% | +24.5% | +1.3% |
| 2022 | +3.6% | +67.6% | +24.8% |
| 2021 | +3.1% | -12.3% | +24.5% |
| 2020 | +81.6% | +26.6% | +318.3% |
| 2019 | -24.6% | +0.6% | -58.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Food And Medicine 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 Food And Medicine 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 $26K, with revenue exceeding expenses.
- Debt-to-asset ratio: 40.3%.
Frequently Asked Questions about Food And Medicine
Is Food And Medicine a legitimate charity?
Based on AI analysis of IRS 990 filings, Food And Medicine (EIN: 50561675) insufficient data. 0 red flags identified, 0 strengths noted.
How does Food And Medicine spend its money?
Detailed spending breakdown data is not yet available for Food And Medicine. Check back for updated IRS 990 analysis.
Are donations to Food And Medicine tax-deductible?
Food And Medicine is registered as a tax-exempt nonprofit (EIN: 50561675). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Food And Medicine showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Food And Medicine's revenue has grown by 219%, moving from $183K to $583K. Total assets increased by 214.3% over the same period, from $107K to $335K. Total functional expenses rose by 218.1%, from $175K to $557K. In its most recent filing year (2023), Food And Medicine reported a surplus of $26K, with revenue exceeding expenses. The organization holds $135K in liabilities against $335K in assets (debt-to-asset ratio: 40.3%), resulting in net assets of $200K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $583K | $557K | $335K | $135K | — | — |
| 2022 | $404K | $448K | $331K | $157K | — | View 990 |
| 2021 | $390K | $267K | $265K | $47K | — | View 990 |
| 2020 | $379K | $305K | $213K | $119K | — | — |
| 2019 | $209K | $241K | $51K | $31K | — | — |
| 2018 | $277K | $239K | $123K | $70K | — | View 990 |
| 2017 | $236K | $241K | $110K | $95K | — | View 990 |
| 2016 | $229K | $271K | $63K | $43K | — | View 990 |
| 2015 | $251K | $262K | $123K | $62K | — | View 990 |
| 2014 | $258K | $258K | $116K | $44K | — | View 990 |
| 2013 | $230K | $230K | $98K | $26K | — | View 990 |
| 2012 | $195K | $199K | $102K | $29K | — | View 990 |
| 2011 | $183K | $175K | $107K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $583K, expenses of $557K, and assets of $335K (revenue +44.2% year-over-year).
- 2022: Revenue of $404K, expenses of $448K, and assets of $331K (revenue +3.6% year-over-year).
- 2021: Revenue of $390K, expenses of $267K, and assets of $265K (revenue +3.1% year-over-year).
- 2020: Revenue of $379K, expenses of $305K, and assets of $213K (revenue +81.6% year-over-year).
- 2019: Revenue of $209K, expenses of $241K, and assets of $51K (revenue -24.6% year-over-year).
- 2018: Revenue of $277K, expenses of $239K, and assets of $123K (revenue +17.1% year-over-year).
- 2017: Revenue of $236K, expenses of $241K, and assets of $110K (revenue +3.2% year-over-year).
- 2016: Revenue of $229K, expenses of $271K, and assets of $63K (revenue -8.7% year-over-year).
- 2015: Revenue of $251K, expenses of $262K, and assets of $123K (revenue -2.9% year-over-year).
- 2014: Revenue of $258K, expenses of $258K, and assets of $116K (revenue +12.5% year-over-year).
- 2013: Revenue of $230K, expenses of $230K, and assets of $98K (revenue +17.6% year-over-year).
- 2012: Revenue of $195K, expenses of $199K, and assets of $102K (revenue +6.8% year-over-year).
- 2011: Revenue of $183K, expenses of $175K, and assets of $107K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Food And Medicine:
Data Sources and Methodology
This transparency report for Food And Medicine 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.