Friendly Hands Food Bank Inc
EIN: 311639994 · Torrington, CT · NTEE: K30
Is Friendly Hands Food Bank Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friendly Hands Food Bank Inc
Friendly Hands Food Bank Inc (EIN: 311639994) is a nonprofit organization based in Torrington, CT, classified under NTEE code K30. The organization reported total revenue of $1.6M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friendly Hands Food Bank Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Friendly Hands Food Bank 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 Friendly Hands Food Bank 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.
Frequently Asked Questions about Friendly Hands Food Bank Inc
Is Friendly Hands Food Bank Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friendly Hands Food Bank Inc (EIN: 311639994) insufficient data. 0 red flags identified, 0 strengths noted.
How does Friendly Hands Food Bank Inc spend its money?
Detailed spending breakdown data is not yet available for Friendly Hands Food Bank Inc. Check back for updated IRS 990 analysis.
Are donations to Friendly Hands Food Bank Inc tax-deductible?
Friendly Hands Food Bank Inc is registered as a tax-exempt nonprofit (EIN: 311639994). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Friendly Hands Food Bank Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Friendly Hands Food Bank Inc's revenue has grown by 34.7%, moving from $171K to $231K. Total assets increased by 3.4% over the same period, from $358K to $370K. Total functional expenses rose by 35.1%, from $144K to $195K. In its most recent filing year (2022), Friendly Hands Food Bank Inc reported a surplus of $36K, with revenue exceeding expenses. The organization holds $140K in liabilities against $370K in assets (debt-to-asset ratio: 37.8%), resulting in net assets of $230K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $231K | $195K | $370K | $140K | — | View 990 |
| 2021 | $248K | $209K | $343K | $140K | — | View 990 |
| 2020 | $344K | $158K | $304K | $140K | — | View 990 |
| 2019 | $117K | $170K | $117K | $140K | — | View 990 |
| 2018 | $136K | $157K | $171K | $140K | — | View 990 |
| 2017 | $164K | $154K | $192K | $140K | — | View 990 |
| 2016 | $175K | $180K | $182K | $140K | — | View 990 |
| 2015 | $161K | $203K | $186K | $140K | — | View 990 |
| 2014 | $166K | $212K | $228K | $140K | — | View 990 |
| 2013 | $163K | $194K | $274K | $140K | — | View 990 |
| 2012 | $123K | $176K | $305K | $140K | — | View 990 |
| 2011 | $171K | $144K | $358K | $140K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $231K, expenses of $195K, and assets of $370K (revenue -6.8% year-over-year).
- 2021: Revenue of $248K, expenses of $209K, and assets of $343K (revenue -28.1% year-over-year).
- 2020: Revenue of $344K, expenses of $158K, and assets of $304K (revenue +195.1% year-over-year).
- 2019: Revenue of $117K, expenses of $170K, and assets of $117K (revenue -14.1% year-over-year).
- 2018: Revenue of $136K, expenses of $157K, and assets of $171K (revenue -17.3% year-over-year).
- 2017: Revenue of $164K, expenses of $154K, and assets of $192K (revenue -6.2% year-over-year).
- 2016: Revenue of $175K, expenses of $180K, and assets of $182K (revenue +8.9% year-over-year).
- 2015: Revenue of $161K, expenses of $203K, and assets of $186K (revenue -3.3% year-over-year).
- 2014: Revenue of $166K, expenses of $212K, and assets of $228K (revenue +2.0% year-over-year).
- 2013: Revenue of $163K, expenses of $194K, and assets of $274K (revenue +32.7% year-over-year).
- 2012: Revenue of $123K, expenses of $176K, and assets of $305K (revenue -28.3% year-over-year).
- 2011: Revenue of $171K, expenses of $144K, and assets of $358K.
Data Sources and Methodology
This transparency report for Friendly Hands Food Bank 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.