Food To Power
EIN: 463665741 · Colorado Springs, CO · NTEE: K31
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $3.2M |
| Net Assets | $2.5M |
Is Food To Power Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Food To Power
Food To Power (EIN: 463665741) is a nonprofit organization based in Colorado Springs, CO, classified under NTEE code K31. The organization reported total revenue of $3.6M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Food To Power's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Food To Power is a mid-size nonprofit that has been operating for 10 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 56.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $3.2M |
| Surplus / Deficit | $-837,091 |
| Total Assets | $2.7M |
| Total Liabilities | $130K |
| Net Assets | $2.5M |
| Operating Margin | -35.2% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 9.9 months |
Financial Health Grade: B
In 2023, Food To Power reported a deficit of $837K with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Food To Power's revenue has grown at a compound annual growth rate (CAGR) of 56.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -50.9% | -3.8% | -22.2% |
| 2022 | +62.4% | +48.7% | +68.1% |
| 2021 | +31.0% | +21.1% | +47.7% |
| 2020 | +12.9% | +8.3% | +55.2% |
| 2019 | -3.6% | +4.6% | +48.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Food To Power 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 To Power 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 $837K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.9%.
Frequently Asked Questions about Food To Power
Is Food To Power a legitimate charity?
Food To Power (EIN: 463665741) is a registered tax-exempt nonprofit based in Colorado. It has 9 years of IRS 990 filings on record. Total revenue: $3.6M. No red flags identified. Financial health grade: B.
How does Food To Power spend its money?
Food To Power reported $3.6M in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Food To Power tax-deductible?
Food To Power is registered as a tax-exempt nonprofit (EIN: 463665741). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Food To Power located?
Food To Power is headquartered in Colorado Springs, Colorado and files with the IRS under EIN 463665741. It is classified under NTEE code K31.
How many years of IRS 990 filings does Food To Power have?
Food To Power has 9 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 $3.6M in total revenue.
Filing History
IRS 990 filing history for Food To Power showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Food To Power's revenue has grown by 3573%, moving from $65K to $2.4M. Total assets increased by 8565.6% over the same period, from $31K to $2.7M. Total functional expenses rose by 5873.1%, from $54K to $3.2M. In its most recent filing year (2023), Food To Power reported a deficit of $837K, with expenses exceeding revenue. The organization holds $130K in liabilities against $2.7M in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $3.2M | $2.7M | $130K | — | View 990 |
| 2022 | $4.8M | $3.3M | $3.4M | $51K | — | View 990 |
| 2021 | $3.0M | $2.2M | $2.0M | $46K | — | View 990 |
| 2020 | $2.3M | $1.9M | $1.4M | $115K | — | View 990 |
| 2019 | $2.0M | $1.7M | $888K | $4K | — | — |
| 2018 | $2.1M | $1.6M | $599K | $16K | — | View 990 |
| 2017 | $204K | $166K | $150K | $11K | — | View 990 |
| 2016 | $188K | $97K | $158K | $40K | — | View 990 |
| 2015 | $65K | $54K | $31K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $3.2M, and assets of $2.7M (revenue -50.9% year-over-year).
- 2022: Revenue of $4.8M, expenses of $3.3M, and assets of $3.4M (revenue +62.4% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.2M, and assets of $2.0M (revenue +31.0% year-over-year).
- 2020: Revenue of $2.3M, expenses of $1.9M, and assets of $1.4M (revenue +12.9% year-over-year).
- 2019: Revenue of $2.0M, expenses of $1.7M, and assets of $888K (revenue -3.6% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.6M, and assets of $599K (revenue +926.3% year-over-year).
- 2017: Revenue of $204K, expenses of $166K, and assets of $150K (revenue +8.0% year-over-year).
- 2016: Revenue of $188K, expenses of $97K, and assets of $158K (revenue +191.0% year-over-year).
- 2015: Revenue of $65K, expenses of $54K, and assets of $31K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Food To Power:
Data Sources and Methodology
This transparency report for Food To Power 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.