Food And Truth Inc

Food And Truth Inc reports zero revenue and assets in latest filing, indicating potential operational cessation.

EIN: 113754693 · Saunderstown, RI · NTEE: K40 · Updated: 2026-03-28

$0Revenue

$0Assets

30/100Mission Score (Poor)

K40

About Food And Truth Inc

Food And Truth Inc (EIN: 113754693) is a nonprofit organization based in Saunderstown, RI, classified under NTEE code K40. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Food And Truth Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Food And Truth Inc has experienced a significant decline in financial activity over the past few years. After generating revenues of $84,922 in 2018 and $83,113 in 2019, the organization reported zero revenue and zero assets in its latest filing, following a sharp drop to $10,645 in 2020. This indicates a potential cessation of operations or a severe scaling back of activities. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very lean operational structure, which can be a positive for efficiency if programs are being delivered. However, the lack of recent financial activity raises concerns about its current operational status and ability to fulfill its mission.

The organization's spending efficiency is difficult to assess accurately without a detailed breakdown of expenses, which is not provided in the summary data. However, the trend of expenses exceeding revenue in 2019 ($102,162 expenses vs. $83,113 revenue) and 2020 ($20,234 expenses vs. $10,645 revenue) indicates that the organization was operating at a deficit in those years, drawing down on assets or incurring liabilities. The latest filing with zero revenue and zero assets suggests a complete halt in financial operations, making current spending efficiency irrelevant.

Transparency appears to be met through the filing of IRS Form 990s, but the lack of detailed financial information beyond top-line figures limits a deeper analysis. The sudden disappearance of revenue and assets in the most recent period, without further context, creates a significant transparency gap regarding the organization's current status and future viability. While past filings show some activity, the current state is concerning.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Food And Truth Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 15%
programs: 75%
fundraising: 10%

According to IRS 990 filings, Food And Truth Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Officer compensation has consistently been reported as 0% across all available filings, suggesting a volunteer-led organization or one where key leadership is not compensated, which is positive for resource allocation.

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 Food And Truth Inc's IRS 990 filings:

Zero revenue and assets in the latest filing, indicating potential cessation of operations.
Significant and rapid decline in revenue from $84,922 in 2018 to $0 in the latest period.
Operating at a deficit in 2019 ($18,049) and 2020 ($9,589), with expenses exceeding revenue.
Increase in liabilities from $202 in 2017 to $12,892 in 2020, while assets declined.

Strengths

The following positive indicators were identified for Food And Truth Inc:

Consistent reporting of 0% officer compensation, suggesting efficient use of funds for leadership or a volunteer-led model.

Frequently Asked Questions about Food And Truth Inc

Is Food And Truth Inc still operational given its latest filing of $0 revenue and $0 assets?

Based on the latest IRS 990 data, Food And Truth Inc reported $0 in revenue and $0 in assets, which strongly suggests the organization may no longer be operational or has significantly ceased its activities.

What caused the drastic decline in revenue from $83,113 in 2019 to $0 in the latest filing?

The provided IRS 990 data does not specify the reasons for the drastic decline in revenue. It only shows the reported figures: $83,113 in 2019, $10,645 in 2020, and $0 in the latest filing.

How did the organization manage to cover expenses when revenue was lower, such as in 2019 and 2020?

In 2019, expenses ($102,162) exceeded revenue ($83,113), and in 2020, expenses ($20,234) exceeded revenue ($10,645). This suggests the organization either drew down on its assets (which decreased from $24,658 in 2018 to $6,388 in 2019 and $8,035 in 2020) or incurred liabilities (which increased from $877 in 2018 to $1,656 in 2019 and $12,892 in 2020).

Filing History

IRS 990 filing history for Food And Truth Inc showing financial trends over 4 years of public records:

Over 4 years of IRS 990 filings (2017–2020), Food And Truth Inc's revenue has declined by 83.1%, moving from $63K to $11K. Total assets decreased by 66.8% over the same period, from $24K to $8K. Total functional expenses fell by 66.7%, from $61K to $20K. In its most recent filing year (2020), Food And Truth Inc reported a deficit of $10K, with expenses exceeding revenue. The organization holds $13K in liabilities against $8K in assets (debt-to-asset ratio: 160.4%), resulting in net assets of $-4,857.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2020	$11K	$20K	$8K	$13K	—	—
2019	$83K	$102K	$6K	$2K	—	View 990
2018	$85K	$75K	$25K	$877	—	View 990
2017	$63K	$61K	$24K	$202	—	View 990

Year-by-Year Financial Summary

2020: Revenue of $11K, expenses of $20K, and assets of $8K (revenue -87.2% year-over-year).
2019: Revenue of $83K, expenses of $102K, and assets of $6K (revenue -2.1% year-over-year).
2018: Revenue of $85K, expenses of $75K, and assets of $25K (revenue +35.0% year-over-year).
2017: Revenue of $63K, expenses of $61K, and assets of $24K.

Data Sources and Methodology

This transparency report for Food And Truth 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.