Foodlink Inc
Foodlink Inc: Strong Program Spending, but Transparency Lacking on Specifics
EIN: 222428304 · Rochester, NY · NTEE: K30 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $72.5M |
| Total Expenses | $50.4M |
| Program Spending | 99% |
| Net Assets | $10.9M |
| Transparency Score | 85/100 |
Is Foodlink Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Foodlink Inc directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Foodlink Inc
Foodlink Inc (EIN: 222428304) is a nonprofit organization based in Rochester, NY, classified under NTEE code K30. The organization reported total revenue of $72.5M and total assets of $24.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foodlink Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foodlink Inc is a major nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $50.4M |
| Total Expenses | $50.4M |
| Surplus / Deficit | +$24K |
| Total Assets | $12.8M |
| Total Liabilities | $1.9M |
| Net Assets | $10.9M |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 15.1% |
| Months of Reserves | 3.1 months |
Financial Health Grade: A
In 2023, Foodlink Inc reported a surplus of $24K with revenue exceeding expenses, holds 3.1 months of operating reserves (adequate), has a debt-to-asset ratio of 15.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Foodlink Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.8% | -0.6% | +2.6% |
| 2022 | -12.8% | -12.7% | -13.7% |
| 2021 | +22.8% | +31.0% | +4.3% |
| 2020 | +23.2% | +16.0% | +57.8% |
| 2019 | +1.2% | +1.9% | +3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Foodlink 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, Foodlink Inc allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% 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 $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.1%.
Executive Compensation Analysis
The provided data consistently reports 0% compensation for officers, directors, trustees, and key employees, which is unusual for an organization of this size and suggests that compensation may be reported under different categories or that leadership is entirely volunteer-based, requiring further c
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 Foodlink Inc's IRS 990 filings:
- Consistent 0% compensation reported for officers, directors, trustees, and key employees across all years, which may indicate incomplete reporting or an unusual compensation structure.
- Lack of detailed breakdown for program expenses, making it difficult to assess the specific impact of various initiatives.
Strengths
The following positive indicators were identified for Foodlink Inc:
- Consistently high percentage of expenses dedicated to program services (averaging 99% over the last 8 years).
- Very low administrative and fundraising costs, indicating efficient operations.
- Strong revenue growth over the past several years, demonstrating increasing support and capacity.
- Healthy asset base, providing financial stability.
Frequently Asked Questions about Foodlink Inc
Is Foodlink Inc a legitimate charity?
Foodlink Inc (EIN: 222428304) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $72.5M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Foodlink Inc spend its money?
Foodlink Inc directs 99% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Foodlink Inc tax-deductible?
Foodlink Inc is registered as a tax-exempt nonprofit (EIN: 222428304). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Foodlink Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Foodlink Inc is above average for NTEE category K30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Foodlink Inc located?
Foodlink Inc is headquartered in Rochester, New York and files with the IRS under EIN 222428304. It is classified under NTEE code K30.
How many years of IRS 990 filings does Foodlink Inc have?
Foodlink 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 $72.5M in total revenue.
What does Foodlink Inc do?
Foodlink Inc is a nonprofit organization in the Food, Agriculture & Nutrition sector, located in Rochester, New York. It is classified under NTEE code K30.
How much revenue does Foodlink Inc have?
Foodlink Inc reported total revenue of $72,486,679. Based on 13 IRS 990 filings on record.
What are Foodlink Inc's total assets?
Foodlink Inc holds total assets of $24,873,825 as reported in IRS 990 filings.
Where is Foodlink Inc located?
Foodlink Inc is based in Rochester, New York.
What is Foodlink Inc's EIN?
Foodlink Inc's Employer Identification Number (EIN) is 222428304. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Foodlink Inc?
Foodlink Inc is classified under NTEE code K30 (Food, Agriculture & Nutrition).
Is Foodlink Inc a registered 501(c)(3)?
Yes, Foodlink Inc is recognized as a tax-exempt organization by the IRS. EIN: 222428304.
Does Foodlink Inc file IRS Form 990?
Yes, Foodlink Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Foodlink Inc's revenue in 2023?
In the 202306 filing period, Foodlink Inc reported total revenue of $50,389,566, total expenses of $50,365,484, and net assets of $12,825,925.
Is Foodlink Inc's revenue growing or declining?
Foodlink Inc's revenue is relatively stable. Revenue went from $50,797,539 (202206) to $50,389,566 (202306), a -0.8% change. Based on 13 filings on record.
What is Foodlink Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Foodlink Inc covers tax period 202306. It shows revenue of $50,389,566, expenses of $50,365,484, total assets of $12,825,925, and liabilities of $1,937,407.
How much does Foodlink Inc spend on programs vs administration?
Based on IRS 990 analysis, Foodlink Inc allocates approximately 99% of expenses to program services, 1% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is Foodlink Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Foodlink Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 4 strengths noted.
What are the red flags for Foodlink Inc?
The following concerns were identified: Consistent 0% compensation reported for officers, directors, trustees, and key employees across all years, which may indicate incomplete reporting or an unusual compensation structure.. Lack of detailed breakdown for program expenses, making it difficult to assess the specific impact of various initiatives.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Foodlink Inc's strengths?
Positive indicators for Foodlink Inc include: Consistently high percentage of expenses dedicated to program services (averaging 99% over the last 8 years).. Very low administrative and fundraising costs, indicating efficient operations.. Strong revenue growth over the past several years, demonstrating increasing support and capacity.. Healthy asset base, providing financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Foodlink Inc compensate executives?
The provided data consistently reports 0% compensation for officers, directors, trustees, and key employees, which is unusual for an organization of this size and suggests that compensation may be reported under different categories or that leadership is entirely volunteer-based, requiring further c Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported 0% compensation for key personnel, how does Foodlink Inc compensate its leadership, and what is the total compensation for its highest-paid employees?
The provided data consistently shows 0% compensation for officers, directors, trustees, and key employees. This is highly unusual for an organization with revenues exceeding $50 million and suggests that compensation for leadership may be reported under other expense categories or that the organization relies heavily on volunteer leadership. Further investigation into their IRS Form 990 would be necessary to understand the full compensation structure for key personnel.
What specific programs or initiatives account for the majority of Foodlink Inc's program expenses, and what metrics are used to measure their impact?
While the data indicates a very high percentage of expenses are allocated to programs (e.g., $50,365,484 in 2023), the filings do not provide a detailed breakdown of these program expenses. To understand the specific initiatives and their impact, one would need to consult more detailed program reports or their full IRS Form 990, which typically outlines program service accomplishments and related expenses.
Filing History
IRS 990 filing history for Foodlink Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Foodlink Inc's revenue has grown by 99.6%, moving from $25.2M to $50.4M. Total assets increased by 282.6% over the same period, from $3.4M to $12.8M. Total functional expenses rose by 100.1%, from $25.2M to $50.4M. In its most recent filing year (2023), Foodlink Inc reported a surplus of $24K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $12.8M in assets (debt-to-asset ratio: 15.1%), resulting in net assets of $10.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $50.4M | $50.4M | $12.8M | $1.9M | — | View 990 |
| 2022 | $50.8M | $50.7M | $12.5M | $1.6M | — | View 990 |
| 2021 | $58.3M | $58.1M | $14.5M | $3.7M | — | View 990 |
| 2020 | $47.5M | $44.4M | $13.9M | $3.3M | — | View 990 |
| 2019 | $38.5M | $38.2M | $8.8M | $1.4M | — | View 990 |
| 2018 | $38.0M | $37.5M | $8.5M | $1.3M | — | View 990 |
| 2017 | $34.5M | $33.3M | $8.8M | $2.1M | — | View 990 |
| 2016 | $36.7M | $34.3M | $7.5M | $2.1M | — | View 990 |
| 2015 | $35.5M | $34.8M | $4.2M | $1.1M | — | View 990 |
| 2014 | $34.6M | $34.5M | $4.1M | $1.7M | — | View 990 |
| 2013 | $28.9M | $28.9M | $4.3M | $2.0M | — | View 990 |
| 2012 | $26.8M | $26.6M | $4.7M | $2.5M | — | View 990 |
| 2011 | $25.2M | $25.2M | $3.4M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $50.4M, expenses of $50.4M, and assets of $12.8M (revenue -0.8% year-over-year).
- 2022: Revenue of $50.8M, expenses of $50.7M, and assets of $12.5M (revenue -12.8% year-over-year).
- 2021: Revenue of $58.3M, expenses of $58.1M, and assets of $14.5M (revenue +22.8% year-over-year).
- 2020: Revenue of $47.5M, expenses of $44.4M, and assets of $13.9M (revenue +23.2% year-over-year).
- 2019: Revenue of $38.5M, expenses of $38.2M, and assets of $8.8M (revenue +1.2% year-over-year).
- 2018: Revenue of $38.0M, expenses of $37.5M, and assets of $8.5M (revenue +10.2% year-over-year).
- 2017: Revenue of $34.5M, expenses of $33.3M, and assets of $8.8M (revenue -5.8% year-over-year).
- 2016: Revenue of $36.7M, expenses of $34.3M, and assets of $7.5M (revenue +3.4% year-over-year).
- 2015: Revenue of $35.5M, expenses of $34.8M, and assets of $4.2M (revenue +2.5% year-over-year).
- 2014: Revenue of $34.6M, expenses of $34.5M, and assets of $4.1M (revenue +19.7% year-over-year).
- 2013: Revenue of $28.9M, expenses of $28.9M, and assets of $4.3M (revenue +7.9% year-over-year).
- 2012: Revenue of $26.8M, expenses of $26.6M, and assets of $4.7M (revenue +6.0% year-over-year).
- 2011: Revenue of $25.2M, expenses of $25.2M, and assets of $3.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foodlink Inc:
Data Sources and Methodology
This transparency report for Foodlink 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.