Grain Foods Foundation
Grain Foods Foundation consistently generates surpluses and maintains healthy asset growth with no reported officer compensation.
EIN: 201329442 · Washington, DC · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $1.2M |
| Program Spending | 80% |
| Net Assets | $4.1M |
| Transparency Score | 85/100 |
Is Grain Foods Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Grain Foods Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Grain Foods Foundation
Grain Foods Foundation (EIN: 201329442) is a nonprofit organization based in Washington, DC, classified under NTEE code S41. The organization reported total revenue of $3.3M and total assets of $4.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Grain Foods Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Grain Foods Foundation is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$967K |
| Total Assets | $4.2M |
| Total Liabilities | $34K |
| Net Assets | $4.1M |
| Operating Margin | 44.1% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 40.7 months |
Financial Health Grade: A
In 2023, Grain Foods Foundation reported a surplus of $967K with revenue exceeding expenses, holds 40.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Grain Foods Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | -12.1% | +33.3% |
| 2022 | -22.3% | -34.3% | -2.1% |
| 2021 | +25.4% | -29.2% | +18.9% |
| 2020 | -20.9% | -0.6% | -15.7% |
| 2019 | -2.6% | +0.1% | -9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
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 Grain Foods Foundation 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Grain Foods Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $967K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which suggests either that no officers receive compensation or that compensation is reported under different categories not captured in this summary. This indicates a high level of transparency regarding the absence of direct officer compensation in the provided data.
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.
Strengths
The following positive indicators were identified for Grain Foods Foundation:
- Consistent revenue generation, averaging over $2.5 million annually.
- Strong financial surpluses in recent years, with revenue exceeding expenses (e.g., $2,195,235 revenue vs. $1,227,970 expenses in 202308).
- Growing asset base, increasing from $2,662,759 in 201408 to $4,162,588 in 202308.
- Low and well-managed liabilities, with many years reporting $0 and a recent decrease to $33,705.
- Reported 0% officer compensation across all filings, indicating transparency or alternative compensation structures.
Frequently Asked Questions about Grain Foods Foundation
Is Grain Foods Foundation a legitimate charity?
Grain Foods Foundation (EIN: 201329442) is a registered tax-exempt nonprofit based in Washington DC. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $3.3M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Grain Foods Foundation spend its money?
Grain Foods Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Grain Foods Foundation tax-deductible?
Grain Foods Foundation is registered as a tax-exempt nonprofit (EIN: 201329442). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Grain Foods Foundation's spending goes to programs?
Grain Foods Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Grain Foods Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Grain Foods Foundation is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Grain Foods Foundation located?
Grain Foods Foundation is headquartered in Washington, Washington DC and files with the IRS under EIN 201329442. It is classified under NTEE code S41.
How many years of IRS 990 filings does Grain Foods Foundation have?
Grain Foods Foundation 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 $3.3M in total revenue.
Is Grain Foods Foundation a good charity?
Based on the provided financial data, the Grain Foods Foundation appears to be a financially sound organization. It consistently generates more revenue than expenses, has growing assets, and reports 0% officer compensation, which are all positive indicators of financial health and responsible management. To fully assess its 'goodness' as a charity, one would need to evaluate its program effectiveness and impact, which is not detailed in the financial data alone.
How has the organization's financial health changed over time?
The organization has shown a positive trend in financial health. While there were periods (e.g., 201908, 202008) where expenses exceeded revenue, recent filings (202108, 202208, 202308) show consistent surpluses, with revenue significantly outpacing expenses. Assets have also steadily increased from $2,662,759 in 201408 to $4,162,588 in 202308, indicating strong financial growth and stability.
What is the trend in liabilities?
Liabilities have generally remained low. For many years (201408-201908), liabilities were reported as $0. In more recent years, they have fluctuated, reaching a peak of $432,529 in 202108 but decreasing significantly to $33,705 in 202308, indicating good management of financial obligations.
Filing History
IRS 990 filing history for Grain Foods Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Grain Foods Foundation's revenue has declined by 28.5%, moving from $3.1M to $2.2M. Total assets increased by 52.6% over the same period, from $2.7M to $4.2M. Total functional expenses fell by 62.4%, from $3.3M to $1.2M. In its most recent filing year (2023), Grain Foods Foundation reported a surplus of $967K, with revenue exceeding expenses. The organization holds $34K in liabilities against $4.2M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $1.2M | $4.2M | $34K | — | View 990 |
| 2022 | $2.1M | $1.4M | $3.1M | $17K | — | View 990 |
| 2021 | $2.7M | $2.1M | $3.2M | $433K | — | View 990 |
| 2020 | $2.1M | $3.0M | $2.7M | $346K | — | — |
| 2019 | $2.7M | $3.0M | $3.2M | $0 | — | View 990 |
| 2018 | $2.8M | $3.0M | $3.5M | $0 | — | View 990 |
| 2017 | $2.8M | $2.8M | $3.8M | $0 | — | View 990 |
| 2016 | $2.8M | $2.2M | $3.7M | $0 | — | View 990 |
| 2015 | $2.7M | $2.4M | $3.1M | $0 | — | View 990 |
| 2014 | $2.7M | $2.7M | $2.7M | $0 | — | View 990 |
| 2013 | $2.2M | $2.8M | $2.6M | $0 | — | View 990 |
| 2012 | $3.0M | $2.5M | $3.2M | $0 | — | View 990 |
| 2011 | $3.1M | $3.3M | $2.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $1.2M, and assets of $4.2M (revenue +5.4% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.4M, and assets of $3.1M (revenue -22.3% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.1M, and assets of $3.2M (revenue +25.4% year-over-year).
- 2020: Revenue of $2.1M, expenses of $3.0M, and assets of $2.7M (revenue -20.9% year-over-year).
- 2019: Revenue of $2.7M, expenses of $3.0M, and assets of $3.2M (revenue -2.6% year-over-year).
- 2018: Revenue of $2.8M, expenses of $3.0M, and assets of $3.5M (revenue -2.6% year-over-year).
- 2017: Revenue of $2.8M, expenses of $2.8M, and assets of $3.8M (revenue +1.1% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.2M, and assets of $3.7M (revenue +2.6% year-over-year).
- 2015: Revenue of $2.7M, expenses of $2.4M, and assets of $3.1M (revenue +0.3% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.7M, and assets of $2.7M (revenue +23.6% year-over-year).
- 2013: Revenue of $2.2M, expenses of $2.8M, and assets of $2.6M (revenue -26.5% year-over-year).
- 2012: Revenue of $3.0M, expenses of $2.5M, and assets of $3.2M (revenue -1.8% year-over-year).
- 2011: Revenue of $3.1M, expenses of $3.3M, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Grain Foods Foundation:
Data Sources and Methodology
This transparency report for Grain Foods Foundation 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.