Food For Hungry Minds
Food For Hungry Minds shows consistent asset growth and zero liabilities, with fluctuating revenue and no officer compensation.
EIN: 201331977 · Circle Pines, MN · NTEE: B02 · Updated: 2026-03-28
Is Food For Hungry Minds Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Food For Hungry Minds directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Food For Hungry Minds
Food For Hungry Minds (EIN: 201331977) is a nonprofit organization based in Circle Pines, MN, classified under NTEE code B02. The organization reported total revenue of $240K and total assets of $707K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Food For Hungry Minds's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Food For Hungry Minds with a Mission Score of 80 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Food For Hungry Minds allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filing periods, indicating that no funds are allocated to executive salaries, which is highly unusual for an organization of its size and suggests a volunteer-led or very lean operational model.
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 For Hungry Minds's IRS 990 filings:
- Significant year-over-year revenue volatility
- Unusually low expenses in 2023 ($2,902) compared to revenue ($163,399) and prior years, warranting further investigation into detailed filings.
Strengths
The following positive indicators were identified for Food For Hungry Minds:
- Consistent asset growth over the past decade, reaching $706,711.
- Zero reported liabilities across all filing periods, indicating strong financial solvency.
- 0% officer compensation consistently reported, suggesting highly efficient use of funds for mission-related activities.
- Robust filing history with 12 IRS 990 filings, demonstrating transparency and compliance.
Frequently Asked Questions about Food For Hungry Minds
Is Food For Hungry Minds a legitimate charity?
Based on AI analysis of IRS 990 filings, Food For Hungry Minds (EIN: 201331977) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Food For Hungry Minds spend its money?
Food For Hungry Minds directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Food For Hungry Minds tax-deductible?
Food For Hungry Minds is registered as a tax-exempt nonprofit (EIN: 201331977). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Food For Hungry Minds manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization is either entirely volunteer-run at the executive level or that executive services are provided pro bono, which is highly efficient for a nonprofit.
What caused the significant drop in expenses to $2,902 in 2023, given revenue of $163,399?
The extremely low expenses in 2023 compared to revenue and prior years' expenses ($221,786 in 2022) is a notable anomaly that would require reviewing the detailed 990 form to understand if it represents a change in operations, a reporting error, or a year with minimal activity and significant asset accumulation.
What is the organization's strategy for managing highly fluctuating annual revenues?
With revenues ranging from $138,748 to $574,899, the organization likely relies on a diversified funding strategy or experiences variability in grant cycles or major donor contributions. The consistent asset growth suggests effective management of these fluctuations.
Filing History
IRS 990 filing history for Food For Hungry Minds showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Food For Hungry Minds's revenue has grown by 78.8%, moving from $91K to $163K. Total assets increased by 201.4% over the same period, from $198K to $596K. Total functional expenses fell by 99.2%, from $371K to $3K. In its most recent filing year (2023), Food For Hungry Minds reported a surplus of $160K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $163K | $3K | $596K | $0 | — | View 990 |
| 2022 | $334K | $222K | $435K | $0 | — | View 990 |
| 2021 | $139K | $264K | $323K | $0 | — | View 990 |
| 2020 | $178K | $258K | $447K | $0 | — | View 990 |
| 2019 | $402K | $272K | $527K | $0 | — | View 990 |
| 2018 | $154K | $271K | $397K | $0 | — | — |
| 2017 | $575K | $293K | $514K | $0 | — | View 990 |
| 2016 | $355K | $272K | $232K | $0 | — | View 990 |
| 2015 | $241K | $335K | $150K | $0 | — | View 990 |
| 2014 | $338K | $302K | $245K | $0 | — | View 990 |
| 2013 | $342K | $331K | $209K | $434 | — | View 990 |
| 2012 | $91K | $371K | $198K | $526 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $163K, expenses of $3K, and assets of $596K (revenue -51.1% year-over-year).
- 2022: Revenue of $334K, expenses of $222K, and assets of $435K (revenue +141.1% year-over-year).
- 2021: Revenue of $139K, expenses of $264K, and assets of $323K (revenue -21.9% year-over-year).
- 2020: Revenue of $178K, expenses of $258K, and assets of $447K (revenue -55.7% year-over-year).
- 2019: Revenue of $402K, expenses of $272K, and assets of $527K (revenue +159.9% year-over-year).
- 2018: Revenue of $154K, expenses of $271K, and assets of $397K (revenue -73.1% year-over-year).
- 2017: Revenue of $575K, expenses of $293K, and assets of $514K (revenue +62.2% year-over-year).
- 2016: Revenue of $355K, expenses of $272K, and assets of $232K (revenue +47.4% year-over-year).
- 2015: Revenue of $241K, expenses of $335K, and assets of $150K (revenue -28.9% year-over-year).
- 2014: Revenue of $338K, expenses of $302K, and assets of $245K (revenue -1.1% year-over-year).
- 2013: Revenue of $342K, expenses of $331K, and assets of $209K (revenue +274.3% year-over-year).
- 2012: Revenue of $91K, expenses of $371K, and assets of $198K.
Data Sources and Methodology
This transparency report for Food For Hungry Minds 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.