Food Tank The Think Tank For Food
EIN: 460970124 · Baltimore, MD · NTEE: K30
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $826K |
| Net Assets | $426K |
Is Food Tank The Think Tank For Food Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Food Tank The Think Tank For Food
Food Tank The Think Tank For Food (EIN: 460970124) is a nonprofit organization based in Baltimore, MD, classified under NTEE code K30. The organization reported total revenue of $1.4M and total assets of $503K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Food Tank The Think Tank For Food's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Food Tank The Think Tank For Food is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 20.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $890K |
| Total Expenses | $826K |
| Surplus / Deficit | +$64K |
| Total Assets | $443K |
| Total Liabilities | $17K |
| Net Assets | $426K |
| Operating Margin | 7.2% |
| Debt-to-Asset Ratio | 3.7% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2023, Food Tank The Think Tank For Food reported a surplus of $64K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 3.7% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Food Tank The Think Tank For Food's revenue has grown at a compound annual growth rate (CAGR) of 20.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +58.5% | +21.4% | +18.1% |
| 2022 | -16.3% | +67.6% | -29.8% |
| 2021 | +11.0% | -17.6% | +146.5% |
| 2020 | +26.9% | +7.9% | +105.9% |
| 2019 | -7.8% | -17.2% | +23.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Food Tank The Think Tank For Food 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 Tank The Think Tank For Food 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 surplus of $64K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.7%.
Frequently Asked Questions about Food Tank The Think Tank For Food
Is Food Tank The Think Tank For Food a legitimate charity?
Food Tank The Think Tank For Food (EIN: 460970124) is a registered tax-exempt nonprofit based in Maryland. It has 10 years of IRS 990 filings on record. Total revenue: $1.4M. No red flags identified. Financial health grade: A.
How does Food Tank The Think Tank For Food spend its money?
Food Tank The Think Tank For Food reported $1.4M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Food Tank The Think Tank For Food tax-deductible?
Food Tank The Think Tank For Food is registered as a tax-exempt nonprofit (EIN: 460970124). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Food Tank The Think Tank For Food located?
Food Tank The Think Tank For Food is headquartered in Baltimore, Maryland and files with the IRS under EIN 460970124. It is classified under NTEE code K30.
How many years of IRS 990 filings does Food Tank The Think Tank For Food have?
Food Tank The Think Tank For Food has 10 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 $1.4M in total revenue.
Filing History
IRS 990 filing history for Food Tank The Think Tank For Food showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Food Tank The Think Tank For Food's revenue has grown by 440.3%, moving from $165K to $890K. Total assets increased by 498.1% over the same period, from $74K to $443K. Total functional expenses rose by 594%, from $119K to $826K. In its most recent filing year (2023), Food Tank The Think Tank For Food reported a surplus of $64K, with revenue exceeding expenses. The organization holds $17K in liabilities against $443K in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $426K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $890K | $826K | $443K | $17K | — | View 990 |
| 2022 | $561K | $680K | $375K | $13K | — | View 990 |
| 2021 | $670K | $406K | $534K | $53K | — | — |
| 2020 | $604K | $493K | $217K | $0 | — | View 990 |
| 2019 | $476K | $457K | $105K | $0 | — | View 990 |
| 2018 | $517K | $552K | $86K | $0 | — | View 990 |
| 2017 | $536K | $557K | $121K | $0 | — | View 990 |
| 2016 | $254K | $228K | $142K | $0 | — | View 990 |
| 2015 | $321K | $251K | $116K | $0 | — | View 990 |
| 2014 | $165K | $119K | $74K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $890K, expenses of $826K, and assets of $443K (revenue +58.5% year-over-year).
- 2022: Revenue of $561K, expenses of $680K, and assets of $375K (revenue -16.3% year-over-year).
- 2021: Revenue of $670K, expenses of $406K, and assets of $534K (revenue +11.0% year-over-year).
- 2020: Revenue of $604K, expenses of $493K, and assets of $217K (revenue +26.9% year-over-year).
- 2019: Revenue of $476K, expenses of $457K, and assets of $105K (revenue -7.8% year-over-year).
- 2018: Revenue of $517K, expenses of $552K, and assets of $86K (revenue -3.7% year-over-year).
- 2017: Revenue of $536K, expenses of $557K, and assets of $121K (revenue +111.1% year-over-year).
- 2016: Revenue of $254K, expenses of $228K, and assets of $142K (revenue -20.9% year-over-year).
- 2015: Revenue of $321K, expenses of $251K, and assets of $116K (revenue +95.1% year-over-year).
- 2014: Revenue of $165K, expenses of $119K, and assets of $74K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Food Tank The Think Tank For Food:
Data Sources and Methodology
This transparency report for Food Tank The Think Tank For Food 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.