Itmann Food Bank
EIN: 550716785 · Mullens, WV · NTEE: K31
| Metric | Value |
|---|---|
| Total Revenue | $118K |
| Total Expenses | $90K |
| Net Assets | $36K |
Is Itmann Food Bank Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Itmann Food Bank
Itmann Food Bank (EIN: 550716785) is a nonprofit organization based in Mullens, WV, classified under NTEE code K31. The organization reported total revenue of $118K and total assets of $47K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Itmann Food Bank's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Itmann Food Bank is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $69K |
| Total Expenses | $90K |
| Surplus / Deficit | $-21,031 |
| Total Assets | $36K |
| Net Assets | $36K |
| Operating Margin | -30.5% |
| Months of Reserves | 4.8 months |
Financial Health Grade: B
In 2023, Itmann Food Bank reported a deficit of $21K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Itmann Food Bank's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.0% | -3.9% | -37.1% |
| 2022 | +29.8% | +9.8% | -2.9% |
| 2021 | -10.5% | +16.0% | -20.1% |
| 2020 | +15.4% | +4.5% | +10.5% |
| 2019 | -8.9% | -17.8% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Itmann Food Bank 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 Itmann Food Bank 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 $21K, with expenses exceeding revenue.
Frequently Asked Questions about Itmann Food Bank
Is Itmann Food Bank a legitimate charity?
Based on AI analysis of IRS 990 filings, Itmann Food Bank (EIN: 550716785) insufficient data. 0 red flags identified, 0 strengths noted.
How does Itmann Food Bank spend its money?
Detailed spending breakdown data is not yet available for Itmann Food Bank. Check back for updated IRS 990 analysis.
Are donations to Itmann Food Bank tax-deductible?
Itmann Food Bank is registered as a tax-exempt nonprofit (EIN: 550716785). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Itmann Food Bank located?
Itmann Food Bank is headquartered in Mullens, West Virginia and files with the IRS under EIN 550716785. It is classified under NTEE code K31.
How many years of IRS 990 filings does Itmann Food Bank have?
Itmann Food Bank 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 $118K in total revenue.
Filing History
IRS 990 filing history for Itmann Food Bank showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Itmann Food Bank's revenue has grown by 45.3%, moving from $47K to $69K. Total assets increased by 1.5% over the same period, from $35K to $36K. Total functional expenses rose by 66.1%, from $54K to $90K. In its most recent filing year (2023), Itmann Food Bank reported a deficit of $21K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $90K | $36K | $0 | — | View 990 |
| 2022 | $92K | $94K | $57K | $0 | — | View 990 |
| 2021 | $71K | $85K | $58K | $0 | — | — |
| 2020 | $79K | $73K | $73K | $0 | — | View 990 |
| 2019 | $69K | $70K | $66K | $0 | — | View 990 |
| 2018 | $75K | $86K | $68K | $0 | — | View 990 |
| 2017 | $100K | $72K | $78K | $0 | — | View 990 |
| 2016 | $80K | $74K | $50K | $0 | — | View 990 |
| 2015 | $84K | $85K | $44K | $0 | — | View 990 |
| 2014 | $68K | $70K | $46K | $0 | — | View 990 |
| 2013 | $66K | $56K | $48K | $0 | — | View 990 |
| 2012 | $56K | $53K | $38K | $0 | — | View 990 |
| 2011 | $47K | $54K | $35K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $90K, and assets of $36K (revenue -25.0% year-over-year).
- 2022: Revenue of $92K, expenses of $94K, and assets of $57K (revenue +29.8% year-over-year).
- 2021: Revenue of $71K, expenses of $85K, and assets of $58K (revenue -10.5% year-over-year).
- 2020: Revenue of $79K, expenses of $73K, and assets of $73K (revenue +15.4% year-over-year).
- 2019: Revenue of $69K, expenses of $70K, and assets of $66K (revenue -8.9% year-over-year).
- 2018: Revenue of $75K, expenses of $86K, and assets of $68K (revenue -24.7% year-over-year).
- 2017: Revenue of $100K, expenses of $72K, and assets of $78K (revenue +24.6% year-over-year).
- 2016: Revenue of $80K, expenses of $74K, and assets of $50K (revenue -4.2% year-over-year).
- 2015: Revenue of $84K, expenses of $85K, and assets of $44K (revenue +23.3% year-over-year).
- 2014: Revenue of $68K, expenses of $70K, and assets of $46K (revenue +2.5% year-over-year).
- 2013: Revenue of $66K, expenses of $56K, and assets of $48K (revenue +17.8% year-over-year).
- 2012: Revenue of $56K, expenses of $53K, and assets of $38K (revenue +18.4% year-over-year).
- 2011: Revenue of $47K, expenses of $54K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Itmann Food Bank:
Data Sources and Methodology
This transparency report for Itmann Food Bank 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.