Jacksonville Area Community Food Center Inc
EIN: 371120974 · Jacksonville, IL · NTEE: K300
Is Jacksonville Area Community Food Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Jacksonville Area Community Food Center Inc
Jacksonville Area Community Food Center Inc (EIN: 371120974) is a nonprofit organization based in Jacksonville, IL, classified under NTEE code K300. The organization reported total revenue of $612K and total assets of $687K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jacksonville Area Community Food Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jacksonville Area Community Food Center Inc is a small nonprofit that has been operating for 44 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 | $166K |
| Total Expenses | $163K |
| Surplus / Deficit | +$3K |
| Total Assets | $423K |
| Total Liabilities | $25K |
| Net Assets | $398K |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 6.0% |
| Months of Reserves | 31.2 months |
Financial Health Grade: A
In 2023, Jacksonville Area Community Food Center Inc reported a surplus of $3K with revenue exceeding expenses, holds 31.2 months of operating reserves (strong position), has a debt-to-asset ratio of 6.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Jacksonville Area Community Food Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +92.1% | +56.4% | +7.2% |
| 2022 | -50.5% | +66.9% | -9.8% |
| 2021 | +30.5% | -29.2% | +46.6% |
| 2020 | +28.4% | -15.1% | -16.9% |
| 2019 | -1.4% | -11.1% | -0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Jacksonville Area Community Food Center 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 Jacksonville Area Community Food Center 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.0%.
Frequently Asked Questions about Jacksonville Area Community Food Center Inc
Is Jacksonville Area Community Food Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Jacksonville Area Community Food Center Inc (EIN: 371120974) insufficient data. 0 red flags identified, 0 strengths noted.
How does Jacksonville Area Community Food Center Inc spend its money?
Detailed spending breakdown data is not yet available for Jacksonville Area Community Food Center Inc. Check back for updated IRS 990 analysis.
Are donations to Jacksonville Area Community Food Center Inc tax-deductible?
Jacksonville Area Community Food Center Inc is registered as a tax-exempt nonprofit (EIN: 371120974). 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 Jacksonville Area Community Food Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Jacksonville Area Community Food Center Inc's revenue has grown by 46.8%, moving from $113K to $166K. Total assets increased by 59.6% over the same period, from $265K to $423K. Total functional expenses rose by 22.5%, from $133K to $163K. In its most recent filing year (2023), Jacksonville Area Community Food Center Inc reported a surplus of $3K, with revenue exceeding expenses. The organization holds $25K in liabilities against $423K in assets (debt-to-asset ratio: 6.0%), resulting in net assets of $398K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $166K | $163K | $423K | $25K | — | View 990 |
| 2022 | $86K | $104K | $394K | $0 | — | View 990 |
| 2021 | $175K | $62K | $437K | $0 | — | — |
| 2020 | $134K | $88K | $298K | $0 | — | — |
| 2019 | $104K | $104K | $359K | $903 | — | View 990 |
| 2018 | $106K | $117K | $360K | $3K | — | View 990 |
| 2017 | $109K | $102K | $370K | $2K | — | View 990 |
| 2016 | $176K | $108K | $364K | $2K | — | View 990 |
| 2015 | $133K | $119K | $295K | $1K | — | View 990 |
| 2014 | $117K | $144K | $281K | $2K | — | View 990 |
| 2013 | $144K | $134K | $309K | $3K | — | View 990 |
| 2012 | $152K | $120K | $297K | $1K | — | View 990 |
| 2011 | $113K | $133K | $265K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $166K, expenses of $163K, and assets of $423K (revenue +92.1% year-over-year).
- 2022: Revenue of $86K, expenses of $104K, and assets of $394K (revenue -50.5% year-over-year).
- 2021: Revenue of $175K, expenses of $62K, and assets of $437K (revenue +30.5% year-over-year).
- 2020: Revenue of $134K, expenses of $88K, and assets of $298K (revenue +28.4% year-over-year).
- 2019: Revenue of $104K, expenses of $104K, and assets of $359K (revenue -1.4% year-over-year).
- 2018: Revenue of $106K, expenses of $117K, and assets of $360K (revenue -2.7% year-over-year).
- 2017: Revenue of $109K, expenses of $102K, and assets of $370K (revenue -38.3% year-over-year).
- 2016: Revenue of $176K, expenses of $108K, and assets of $364K (revenue +31.9% year-over-year).
- 2015: Revenue of $133K, expenses of $119K, and assets of $295K (revenue +13.6% year-over-year).
- 2014: Revenue of $117K, expenses of $144K, and assets of $281K (revenue -18.7% year-over-year).
- 2013: Revenue of $144K, expenses of $134K, and assets of $309K (revenue -4.9% year-over-year).
- 2012: Revenue of $152K, expenses of $120K, and assets of $297K (revenue +34.3% year-over-year).
- 2011: Revenue of $113K, expenses of $133K, and assets of $265K.
Data Sources and Methodology
This transparency report for Jacksonville Area Community Food Center 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.