Food On The Stove Inc
EIN: 824248331 · Washington, DC · NTEE: K40
| Metric | Value |
|---|---|
| Total Revenue | $104K |
| Total Expenses | $110K |
| Net Assets | $-85,504 |
Is Food On The Stove Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Food On The Stove Inc
Food On The Stove Inc (EIN: 824248331) is a nonprofit organization based in Washington, DC, classified under NTEE code K40. The organization reported total revenue of $104K and total assets of $100K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Food On The Stove Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Food On The Stove Inc is a small nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of -71.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24K |
| Total Expenses | $110K |
| Surplus / Deficit | $-85,585 |
| Total Assets | $5K |
| Total Liabilities | $91K |
| Net Assets | $-85,504 |
| Operating Margin | -354.4% |
| Debt-to-Asset Ratio | 1703.3% |
| Months of Reserves | 0.6 months |
Financial Health Grade: D
In 2023, Food On The Stove Inc reported a deficit of $86K with expenses exceeding revenue, holds 0.6 months of operating reserves (limited), has a debt-to-asset ratio of 1703.3% (high leverage).
Financial Trends
Over 4 years of filings (2020–2023), Food On The Stove Inc's revenue has declined at a compound annual growth rate (CAGR) of -71.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -56.6% | +1.4% | -93.8% |
| 2022 | -86.4% | -71.6% | -23.3% |
| 2021 | -60.7% | -63.0% | +258.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Food On The Stove Inc 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 On The Stove Inc 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 deficit of $86K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1703.3%.
Frequently Asked Questions about Food On The Stove Inc
Is Food On The Stove Inc a legitimate charity?
Food On The Stove Inc (EIN: 824248331) is a registered tax-exempt nonprofit based in Washington DC. It has 4 years of IRS 990 filings on record. Total revenue: $104K. No red flags identified. Financial health grade: D.
How does Food On The Stove Inc spend its money?
Food On The Stove Inc reported $104K in total revenue in IRS 990 filings. 4 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Food On The Stove Inc tax-deductible?
Food On The Stove Inc is registered as a tax-exempt nonprofit (EIN: 824248331). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Food On The Stove Inc located?
Food On The Stove Inc is headquartered in Washington, Washington DC and files with the IRS under EIN 824248331. It is classified under NTEE code K40.
How many years of IRS 990 filings does Food On The Stove Inc have?
Food On The Stove Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $104K in total revenue.
Filing History
IRS 990 filing history for Food On The Stove Inc showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Food On The Stove Inc's revenue has declined by 97.7%, moving from $1.0M to $24K. Total assets decreased by 83% over the same period, from $31K to $5K. Total functional expenses fell by 89.4%, from $1.0M to $110K. In its most recent filing year (2023), Food On The Stove Inc reported a deficit of $86K, with expenses exceeding revenue. The organization holds $91K in liabilities against $5K in assets (debt-to-asset ratio: 1703.3%), resulting in net assets of $-85,504.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24K | $110K | $5K | $91K | — | — |
| 2022 | $56K | $108K | $86K | $86K | — | View 990 |
| 2021 | $409K | $381K | $112K | $60K | — | — |
| 2020 | $1.0M | $1.0M | $31K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24K, expenses of $110K, and assets of $5K (revenue -56.6% year-over-year).
- 2022: Revenue of $56K, expenses of $108K, and assets of $86K (revenue -86.4% year-over-year).
- 2021: Revenue of $409K, expenses of $381K, and assets of $112K (revenue -60.7% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.0M, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Food On The Stove Inc:
Data Sources and Methodology
This transparency report for Food On The Stove 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.