Food Literacy Project At Oxmoorfarm Inc
Food Literacy Project At Oxmoorfarm Inc shows consistent revenue growth and healthy asset accumulation with no reported officer compensation.
EIN: 205014424 · Louisville, KY · NTEE: K20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $833K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1.1 |
| Net Assets | $1.1M |
| Transparency Score | 85/100 |
Is Food Literacy Project At Oxmoorfarm Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Food Literacy Project At Oxmoorfarm Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Food Literacy Project At Oxmoorfarm Inc
Food Literacy Project At Oxmoorfarm Inc (EIN: 205014424) is a nonprofit organization based in Louisville, KY, classified under NTEE code K20. The organization reported total revenue of $1.1M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Food Literacy Project At Oxmoorfarm Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Food Literacy Project At Oxmoorfarm Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $833K |
| Surplus / Deficit | +$271K |
| Total Assets | $1.1M |
| Total Liabilities | $559 |
| Net Assets | $1.1M |
| Operating Margin | 24.6% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 15.4 months |
Financial Health Grade: A
In 2023, Food Literacy Project At Oxmoorfarm Inc reported a surplus of $271K with revenue exceeding expenses, holds 15.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Food Literacy Project At Oxmoorfarm Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +48.2% | +45.2% | +32.0% |
| 2022 | -7.7% | -14.6% | +23.6% |
| 2021 | +19.5% | +19.7% | +27.5% |
| 2020 | +11.0% | -1.3% | +30.7% |
| 2019 | +26.5% | +33.7% | +11.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Literacy Project At Oxmoorfarm 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Food Literacy Project At Oxmoorfarm Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $271K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 filings, which is highly unusual for an organization of its size ($1.1 million in revenue in 2023) and suggests either a fully volunteer executive leadership or compensation structured in a way not reported as officer compensation on the 990.
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 Literacy Project At Oxmoorfarm Inc's IRS 990 filings:
- Consistent 0% officer compensation without further explanation could obscure leadership compensation structure.
Strengths
The following positive indicators were identified for Food Literacy Project At Oxmoorfarm Inc:
- Consistent and significant revenue growth, from $259,290 in 2014 to $1,104,013 in 2023.
- Healthy and growing asset base, reaching $1,066,413 in 2023.
- Consistent operational surpluses, with expenses generally lower than revenue (e.g., $832,602 expenses vs. $1,104,013 revenue in 2023).
- Long history of IRS 990 filings (13 filings), indicating good regulatory compliance.
- No reported officer compensation, potentially indicating a highly volunteer-driven leadership.
Frequently Asked Questions about Food Literacy Project At Oxmoorfarm Inc
Is Food Literacy Project At Oxmoorfarm Inc a legitimate charity?
Food Literacy Project At Oxmoorfarm Inc (EIN: 205014424) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Food Literacy Project At Oxmoorfarm Inc spend its money?
Food Literacy Project At Oxmoorfarm Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Food Literacy Project At Oxmoorfarm Inc tax-deductible?
Food Literacy Project At Oxmoorfarm Inc is registered as a tax-exempt nonprofit (EIN: 205014424). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Food Literacy Project At Oxmoorfarm Inc CEO make?
Food Literacy Project At Oxmoorfarm Inc's highest-compensated officer earns $1.1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Food Literacy Project At Oxmoorfarm Inc's spending goes to programs?
Food Literacy Project At Oxmoorfarm Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Food Literacy Project At Oxmoorfarm Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Food Literacy Project At Oxmoorfarm Inc is above average for NTEE category K20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Food Literacy Project At Oxmoorfarm Inc located?
Food Literacy Project At Oxmoorfarm Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 205014424. It is classified under NTEE code K20.
How many years of IRS 990 filings does Food Literacy Project At Oxmoorfarm Inc have?
Food Literacy Project At Oxmoorfarm 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 $1.1M in total revenue.
Is Food Literacy Project At Oxmoorfarm Inc a good charity?
Based on its consistent revenue growth, healthy asset accumulation, and the absence of reported officer compensation, the organization appears to be well-managed financially. Its long filing history also indicates good compliance. However, a deeper dive into its program effectiveness and detailed functional expense breakdown would provide a more complete picture.
How has the organization's revenue grown over time?
The organization has demonstrated significant revenue growth, increasing from $259,290 in 2014 to $1,104,013 in 2023, indicating strong fundraising and operational expansion.
What is the organization's asset position?
The organization has steadily grown its assets, reaching $1,066,413 in 2023, which suggests good financial health and capacity for future operations.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this scale. It could indicate that executive leadership is entirely volunteer-based or that compensation is structured and reported under different expense categories, which would require further investigation of the full 990 forms.
Filing History
IRS 990 filing history for Food Literacy Project At Oxmoorfarm Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Food Literacy Project At Oxmoorfarm Inc's revenue has grown by 566.3%, moving from $166K to $1.1M. Total assets increased by 477.9% over the same period, from $185K to $1.1M. Total functional expenses rose by 662.1%, from $109K to $833K. In its most recent filing year (2023), Food Literacy Project At Oxmoorfarm Inc reported a surplus of $271K, with revenue exceeding expenses. The organization holds $559 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $833K | $1.1M | $559 | — | — |
| 2022 | $745K | $573K | $808K | $-4,335 | — | — |
| 2021 | $807K | $672K | $654K | $13K | — | View 990 |
| 2020 | $676K | $561K | $513K | $7K | — | View 990 |
| 2019 | $609K | $569K | $392K | $2K | — | View 990 |
| 2018 | $481K | $425K | $351K | $191 | — | View 990 |
| 2017 | $330K | $410K | $294K | $306 | — | View 990 |
| 2016 | $351K | $342K | $378K | $3K | — | View 990 |
| 2015 | $417K | $330K | $382K | $-34 | — | View 990 |
| 2014 | $259K | $254K | $295K | $301 | — | View 990 |
| 2013 | $272K | $188K | $290K | $0 | — | View 990 |
| 2012 | $169K | $148K | $204K | $0 | — | View 990 |
| 2011 | $166K | $109K | $185K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $833K, and assets of $1.1M (revenue +48.2% year-over-year).
- 2022: Revenue of $745K, expenses of $573K, and assets of $808K (revenue -7.7% year-over-year).
- 2021: Revenue of $807K, expenses of $672K, and assets of $654K (revenue +19.5% year-over-year).
- 2020: Revenue of $676K, expenses of $561K, and assets of $513K (revenue +11.0% year-over-year).
- 2019: Revenue of $609K, expenses of $569K, and assets of $392K (revenue +26.5% year-over-year).
- 2018: Revenue of $481K, expenses of $425K, and assets of $351K (revenue +46.1% year-over-year).
- 2017: Revenue of $330K, expenses of $410K, and assets of $294K (revenue -6.1% year-over-year).
- 2016: Revenue of $351K, expenses of $342K, and assets of $378K (revenue -15.9% year-over-year).
- 2015: Revenue of $417K, expenses of $330K, and assets of $382K (revenue +60.9% year-over-year).
- 2014: Revenue of $259K, expenses of $254K, and assets of $295K (revenue -4.6% year-over-year).
- 2013: Revenue of $272K, expenses of $188K, and assets of $290K (revenue +60.7% year-over-year).
- 2012: Revenue of $169K, expenses of $148K, and assets of $204K (revenue +2.1% year-over-year).
- 2011: Revenue of $166K, expenses of $109K, and assets of $185K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Food Literacy Project At Oxmoorfarm Inc:
Data Sources and Methodology
This transparency report for Food Literacy Project At Oxmoorfarm 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.