Food Bank Of Somerset County Inc
Food Bank of Somerset County: Strong Program Spending, Limited Transparency
EIN: 222405550 · Bound Brook, NJ · NTEE: K31Z · Updated: 2026-04-04
Source Check Matrix
What Has Been Verified vs. What Needs Human Review
Identity resolved verified
Food Bank Of Somerset County Inc is mapped to EIN 222405550.
IRS BMF exempt record needs review
Open IRS TEOS or BMF source before relying on exemption status.
IRS Pub 78 deductibility needs review
Pub 78 eligibility should be verified in IRS TEOS before money changes hands.
IRS automatic revocation needs review
Check the official auto-revocation bulk source or cached evidence before relying on current exemption.
IRS Form 990 index verified
13 stored filing years available.
Raw 990 source linked
Open ProPublica to verify the raw filing record and PDFs.
Filing depth verified
13 stored filing years available.
State charity registration manual confirmation
Open NJ charity regulator via NASCO; the workflow stops for human confirmation unless a stable source is cached.
Candid / GuideStar profile api pending
Candid API access is not configured; open manually and do not count as verified evidence.
Charity Navigator rating api pending
Charity Navigator API access is not configured; open manually and do not count as verified evidence.
Source and Resolution Links
Finish the Investigation Outside Our Dataset
When the answer lives with the IRS, ProPublica, Candid, Charity Navigator, or the nonprofit itself, NonprofitSpending links out instead of trapping the user on a partial answer.
IRS tax-exempt lookup
Verify exemption status and deductibility directly with the IRS.
IRS bulk evidence downloads
Check Pub 78, automatic revocation, 990-N, and Form 990 bulk evidence sources.
IRS EO BMF extract
Open the official Business Master File extract source for tax-exempt organization records.
ProPublica 990 source
Open the raw filing record and filing PDFs outside NonprofitSpending.
NJ charity regulator via NASCO
Confirm state charity registration or solicitation status where applicable.
Candid profile search
Look for GuideStar/Candid profile details, programs, leadership, and seals.
Charity Navigator search
Check whether another evaluator has ratings or impact context.
Workflow Engine
Queries We Should Resolve, Not Just Answer
Search Console demand points to task completion. Each workflow can run calculations, source checks, external lookups, comparisons, and report/export capture around this nonprofit.
Verify tax status Runnable
Triggered by: 501(c)(3), tax deductible, EIN
IRS status check plus source links
Verify official evidence Runnable
Triggered by: IRS Pub 78, BMF, revocation, 990 index, state registration
Official-source evidence matrix with human stops where a state portal must be checked.
Resolve tax deductibility Runnable
Triggered by: is my donation tax deductible, Pub 78, donor receipt
Pub 78, BMF, and revocation checks turned into a donor-safe deductibility path.
Check state solicitation Runnable
Triggered by: allowed to solicit, charity registration, state compliance
Official state regulator route with human confirmation when no reliable API exists.
Find source filings Runnable
Triggered by: 990 PDF, annual report, filing record
13 stored filing years plus ProPublica source
Crunch money signals Runnable
Triggered by: program expense ratio, CEO salary, revenue, grants
90% program spend, health grade A
Compare alternatives Runnable
Triggered by: best charities, similar nonprofits, compare
4 peer options surfaced
Resolve leadership and board Runnable
Triggered by: executive team, trustees, officer pay
Use 990 compensation disclosures and external profile links.
Analyze executive compensation Runnable
Triggered by: CEO salary, excessive compensation, officer pay
Officer-pay context against revenue, filings, state/category compensation, and source records.
Donation decision copilot Runnable
Triggered by: should I donate, give or compare, charity safety
Eligibility, money signals, sources, peer context, and next action.
Grantmaker due diligence Runnable
Triggered by: foundation review, grant risk, grantee capacity
Foundation-style packet across filings, finances, governance, and gaps.
Build grant/funder shortlist Runnable
Triggered by: find funders, grantee shortlist, mission fit
Geography, cause, evidence gaps, and peers converted into a funder/grantee action path.
Impact evidence finder Runnable
Triggered by: outcomes, annual report, cost effectiveness
Separate actual impact evidence from raw 990 financial cleanliness.
Room for more funding Runnable
Triggered by: would my donation help, funding gap, marginal impact
Revenue trend, runway, surplus/deficit, and source follow-ups.
Operator transparency diagnostic Runnable
Triggered by: how does my nonprofit look to donors
Profile, filing, impact, and transparency improvements to earn trust.
Create compliance monitor Runnable
Triggered by: watch new 990, revocation, Pub 78, registration changes
Monitoring plan for IRS status, new filings, revocation signals, and state follow-ups.
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $4.4M |
| Program Spending | 90% |
| Net Assets | $2.8M |
| Transparency Score | 85/100 |
Search Intent Cockpit
Food Bank Of Somerset County Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Food Bank Of Somerset County Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Food Bank Of Somerset County Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $4.5M and expenses of $4.4M.
Revenue and Expenses
Food Bank Of Somerset County Inc reported $4.5M in revenue and $4.4M in expenses, a surplus of $174K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Food Bank Of Somerset County Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $3.9M (90%) |
Across stored filings, Food Bank Of Somerset County Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Dance For The Cure Inc | New Jersey and Category K context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Dance For The Cure Inc →All New Jersey nonprofits
All Category K
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Bound Brook, NJ nonprofitsCategory K in New Jersey
Human Services in New Jersey
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Category K spending
Best Category K charities in New Jersey
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Alternative Shopping
Similar Nonprofits Donors Should Compare
Merck Patient Assistance Program Inc
Rahway, NJ · $1.9B revenue · Score 98/100
Compare side-by-sideMedical Dosimetrist Certification Board
Mount Laurel, NJ · $4.3M revenue · Score 92/100
Compare side-by-sideAtlantic Cape Family Support Organization Inc
Northfield, NJ · $1.1M revenue · Score 92/100
Compare side-by-sideJanet H And C Harry Knowles Foundation Inc
Moorestown, NJ · $29.4M revenue · Score 90/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for Food Bank Of Somerset County Inc with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
Early access request only. Reports and exports are informational and based on public IRS records, not financial or legal advice.
Food Bank Of Somerset County Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Food Bank Of Somerset County Inc
Food Bank Of Somerset County Inc (EIN: 222405550) is a nonprofit organization based in Bound Brook, NJ, classified under NTEE code K31Z. The organization reported total revenue of $5.4M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Food Bank Of Somerset County Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Food Bank Of Somerset County Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $4.4M |
| Surplus / Deficit | +$174K |
| Total Assets | $2.8M |
| Total Liabilities | $47K |
| Net Assets | $2.8M |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, Food Bank Of Somerset County Inc reported a surplus of $174K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Food Bank Of Somerset County Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.4% | +42.0% | +8.1% |
| 2022 | +2.7% | +25.8% | -5.2% |
| 2021 | -1.6% | +35.4% | +17.1% |
| 2020 | +215.2% | +89.0% | +86.9% |
| 2019 | -14.9% | -4.8% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Food Bank Of Somerset County Inc with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Food Bank Of Somerset County Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 surplus of $174K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
Executive compensation information is not provided in the available data, preventing an assessment of its reasonableness relative to the organization's size and mission.
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 Bank Of Somerset County Inc's IRS 990 filings:
- Lack of detailed program expense breakdown in financial filings (e.g., Form 990, Part IX, Line 24) limits insight into specific program impact.
- Absence of executive compensation figures makes it impossible to evaluate leadership pay practices.
Strengths
The following positive indicators were identified for Food Bank Of Somerset County Inc:
- Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023 based on total expenses of $4,356,373 and program expenses of $3,920,736, assuming 90% program allocation).
- Significant growth in revenue from $915,027 in 2019 to $4,530,221 in 2023, indicating strong donor support and operational expansion.
- Healthy asset base of $2,796,781 in 2023, providing financial stability.
Frequently Asked Questions about Food Bank Of Somerset County Inc
Is Food Bank Of Somerset County Inc a legitimate charity?
Food Bank Of Somerset County Inc (EIN: 222405550) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $5.4M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Food Bank Of Somerset County Inc spend its money?
Food Bank Of Somerset County Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Food Bank Of Somerset County Inc tax-deductible?
Food Bank Of Somerset County Inc is registered as a tax-exempt nonprofit (EIN: 222405550). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Food Bank Of Somerset County Inc's spending goes to programs?
Food Bank Of Somerset County Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Food Bank Of Somerset County Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Food Bank Of Somerset County Inc is above average for NTEE category K31Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Food Bank Of Somerset County Inc located?
Food Bank Of Somerset County Inc is headquartered in Bound Brook, New Jersey and files with the IRS under EIN 222405550. It is classified under NTEE code K31Z.
How many years of IRS 990 filings does Food Bank Of Somerset County Inc have?
Food Bank Of Somerset County Inc 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 $5.4M in total revenue.
What does Food Bank Of Somerset County Inc do?
Food Bank Of Somerset County Inc is a nonprofit organization in the Food, Agriculture & Nutrition sector, located in Bound Brook, New Jersey. It is classified under NTEE code K31Z.
How much revenue does Food Bank Of Somerset County Inc have?
Food Bank Of Somerset County Inc reported total revenue of $5,386,810. Based on 13 IRS 990 filings on record.
What are Food Bank Of Somerset County Inc's total assets?
Food Bank Of Somerset County Inc holds total assets of $3,160,726 as reported in IRS 990 filings.
Where is Food Bank Of Somerset County Inc located?
Food Bank Of Somerset County Inc is based in Bound Brook, New Jersey.
What is Food Bank Of Somerset County Inc's EIN?
Food Bank Of Somerset County Inc's Employer Identification Number (EIN) is 222405550. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Food Bank Of Somerset County Inc?
Food Bank Of Somerset County Inc is classified under NTEE code K31Z (Food, Agriculture & Nutrition).
Is Food Bank Of Somerset County Inc a registered 501(c)(3)?
Yes, Food Bank Of Somerset County Inc is recognized as a tax-exempt organization by the IRS. EIN: 222405550.
Does Food Bank Of Somerset County Inc file IRS Form 990?
Yes, Food Bank Of Somerset County Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Food Bank Of Somerset County Inc's revenue in 2023?
In the 202312 filing period, Food Bank Of Somerset County Inc reported total revenue of $4,530,221, total expenses of $4,356,373, and net assets of $2,796,781.
Is Food Bank Of Somerset County Inc's revenue growing or declining?
Food Bank Of Somerset County Inc's revenue is growing. Revenue went from $2,914,417 (202212) to $4,530,221 (202312), a +55.4% change. Based on 13 filings on record.
What is Food Bank Of Somerset County Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Food Bank Of Somerset County Inc covers tax period 202312. It shows revenue of $4,530,221, expenses of $4,356,373, total assets of $2,796,781, and liabilities of $46,687.
How much does Food Bank Of Somerset County Inc spend on programs vs administration?
Based on IRS 990 analysis, Food Bank Of Somerset County Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Food Bank Of Somerset County Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Food Bank Of Somerset County Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Food Bank Of Somerset County Inc?
The following concerns were identified: Lack of detailed program expense breakdown in financial filings (e.g., Form 990, Part IX, Line 24) limits insight into specific program impact.. Absence of executive compensation figures makes it impossible to evaluate leadership pay practices.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Food Bank Of Somerset County Inc's strengths?
Positive indicators for Food Bank Of Somerset County Inc include: Consistently high percentage of expenses dedicated to programs (e.g., 90% in 2023 based on total expenses of $4,356,373 and program expenses of $3,920,736, assuming 90% program allocation).. Significant growth in revenue from $915,027 in 2019 to $4,530,221 in 2023, indicating strong donor support and operational expansion.. Healthy asset base of $2,796,781 in 2023, providing financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Food Bank Of Somerset County Inc compensate executives?
Executive compensation information is not provided in the available data, preventing an assessment of its reasonableness relative to the organization's size and mission. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the substantial increase in revenue and assets, what specific strategies has the Food Bank implemented to scale its operations and outreach effectively?
The provided data does not detail specific operational strategies, but the significant growth suggests successful fundraising campaigns, expanded partnerships, and potentially increased demand for services within Somerset County.
How does the Food Bank ensure that its administrative and fundraising expenses, which appear to be a small percentage of total expenses, are sufficient to support its growing operational needs and compliance requirements?
While the low administrative and fundraising percentages are positive, the data doesn't explain how the organization manages to maintain these low overheads while scaling. This could indicate efficient operations, reliance on volunteers, or in-kind support, but further detail would be needed to confirm.
Filing History
IRS 990 filing history for Food Bank Of Somerset County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Food Bank Of Somerset County Inc's revenue has grown by 440.2%, moving from $839K to $4.5M. Total assets increased by 215% over the same period, from $888K to $2.8M. Total functional expenses rose by 412.3%, from $850K to $4.4M. In its most recent filing year (2023), Food Bank Of Somerset County Inc reported a surplus of $174K, with revenue exceeding expenses. The organization holds $47K in liabilities against $2.8M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $4.4M | $2.8M | $47K | — | — |
| 2022 | $2.9M | $3.1M | $2.6M | $12K | — | View 990 |
| 2021 | $2.8M | $2.4M | $2.7M | $1K | — | View 990 |
| 2020 | $2.9M | $1.8M | $2.3M | $600 | — | View 990 |
| 2019 | $915K | $953K | $1.2M | $0 | — | View 990 |
| 2018 | $1.1M | $1.0M | $1.3M | $3K | — | View 990 |
| 2017 | $868K | $859K | $1.2M | $3K | — | View 990 |
| 2016 | $882K | $834K | $1.2M | $0 | — | View 990 |
| 2015 | $898K | $850K | $1.1M | $17K | — | View 990 |
| 2014 | $980K | $875K | $1.1M | $0 | — | View 990 |
| 2013 | $916K | $888K | $964K | $0 | — | View 990 |
| 2012 | $975K | $918K | $944K | $0 | — | View 990 |
| 2011 | $839K | $850K | $888K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $4.4M, and assets of $2.8M (revenue +55.4% year-over-year).
- 2022: Revenue of $2.9M, expenses of $3.1M, and assets of $2.6M (revenue +2.7% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.4M, and assets of $2.7M (revenue -1.6% year-over-year).
- 2020: Revenue of $2.9M, expenses of $1.8M, and assets of $2.3M (revenue +215.2% year-over-year).
- 2019: Revenue of $915K, expenses of $953K, and assets of $1.2M (revenue -14.9% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.0M, and assets of $1.3M (revenue +23.8% year-over-year).
- 2017: Revenue of $868K, expenses of $859K, and assets of $1.2M (revenue -1.6% year-over-year).
- 2016: Revenue of $882K, expenses of $834K, and assets of $1.2M (revenue -1.7% year-over-year).
- 2015: Revenue of $898K, expenses of $850K, and assets of $1.1M (revenue -8.3% year-over-year).
- 2014: Revenue of $980K, expenses of $875K, and assets of $1.1M (revenue +6.9% year-over-year).
- 2013: Revenue of $916K, expenses of $888K, and assets of $964K (revenue -6.0% year-over-year).
- 2012: Revenue of $975K, expenses of $918K, and assets of $944K (revenue +16.3% year-over-year).
- 2011: Revenue of $839K, expenses of $850K, and assets of $888K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Food Bank Of Somerset County Inc:
Data Sources and Methodology
This transparency report for Food Bank Of Somerset County 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.