Jessamine County Food Pantry
Jessamine County Food Pantry consistently manages finances with zero officer compensation and growing assets.
EIN: 203130061 · Nicholasville, KY · NTEE: K31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $598K |
| Total Expenses | $481K |
| Program Spending | 90% |
| Net Assets | $180K |
| Transparency Score | 95/100 |
Is Jessamine County Food Pantry Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Jessamine County Food Pantry directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Jessamine County Food Pantry
Jessamine County Food Pantry (EIN: 203130061) is a nonprofit organization based in Nicholasville, KY, classified under NTEE code K31. The organization reported total revenue of $598K and total assets of $171K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Jessamine County Food Pantry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Jessamine County Food Pantry is a small nonprofit that has been operating for 19 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 55.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $524K |
| Total Expenses | $481K |
| Surplus / Deficit | +$43K |
| Total Assets | $183K |
| Total Liabilities | $3K |
| Net Assets | $180K |
| Operating Margin | 8.2% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 4.6 months |
Financial Health Grade: A
In 2023, Jessamine County Food Pantry reported a surplus of $43K with revenue exceeding expenses, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 6 years of filings (2018–2023), Jessamine County Food Pantry's revenue has grown at a compound annual growth rate (CAGR) of 55.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.9% | -28.9% | +33.4% |
| 2022 | +10.8% | +14.4% | +15.7% |
| 2021 | +1.4% | +5.8% | +45.3% |
| 2020 | -28.5% | -35.5% | +317.0% |
| 2019 | +1390.2% | +1387.1% | +16.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Jessamine County Food Pantry with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Jessamine County Food Pantry allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $43K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which significantly minimizes administrative costs and maximizes resources for direct program services.
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 Jessamine County Food Pantry:
- Zero officer compensation reported across all filings, indicating high efficiency.
- Consistent revenue generation, averaging over $600,000 annually in recent years.
- Significant growth in assets from $16,844 in 2018 to $183,235 in 2023, demonstrating financial stability.
- Low liabilities reported in all periods, suggesting sound financial management and minimal debt.
- Consistent filing of IRS 990 forms, indicating good transparency.
Frequently Asked Questions about Jessamine County Food Pantry
Is Jessamine County Food Pantry a legitimate charity?
Jessamine County Food Pantry (EIN: 203130061) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 95/100. It has 6 years of IRS 990 filings on record. Total revenue: $598K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Jessamine County Food Pantry spend its money?
Jessamine County Food Pantry directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Jessamine County Food Pantry tax-deductible?
Jessamine County Food Pantry is registered as a tax-exempt nonprofit (EIN: 203130061). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Jessamine County Food Pantry's spending goes to programs?
Jessamine County Food Pantry directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Jessamine County Food Pantry compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Jessamine County Food Pantry is above average for NTEE category K31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Jessamine County Food Pantry located?
Jessamine County Food Pantry is headquartered in Nicholasville, Kentucky and files with the IRS under EIN 203130061. It is classified under NTEE code K31.
How many years of IRS 990 filings does Jessamine County Food Pantry have?
Jessamine County Food Pantry has 6 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 $598K in total revenue.
Is Jessamine County Food Pantry a good charity?
Based on the provided data, Jessamine County Food Pantry appears to be a very good charity. It consistently reports zero officer compensation, indicating a strong commitment to directing funds towards its mission. Its assets have grown significantly from $16,844 in 2018 to $183,235 in 2023, demonstrating financial stability and growth.
How has Jessamine County Food Pantry's financial health changed over time?
The organization's financial health has steadily improved. Revenue has been consistently strong, averaging over $600,000 in recent years. Assets have seen substantial growth, increasing from $16,844 in 2018 to $183,235 in 2023, while liabilities have remained very low, indicating strong financial management and increasing reserves.
What is the organization's approach to executive compensation?
The Jessamine County Food Pantry reports 0% officer compensation in all available IRS 990 filings. This suggests a volunteer-led executive structure, which is highly efficient as it ensures that donor funds are not used for executive salaries.
Filing History
IRS 990 filing history for Jessamine County Food Pantry showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Jessamine County Food Pantry's revenue has grown by 799.5%, moving from $58K to $524K. Total assets increased by 987.8% over the same period, from $17K to $183K. Total functional expenses rose by 724.4%, from $58K to $481K. In its most recent filing year (2023), Jessamine County Food Pantry reported a surplus of $43K, with revenue exceeding expenses. The organization holds $3K in liabilities against $183K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $180K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $524K | $481K | $183K | $3K | — | — |
| 2022 | $697K | $676K | $137K | $133 | — | View 990 |
| 2021 | $629K | $591K | $119K | $2K | — | View 990 |
| 2020 | $620K | $559K | $82K | $3K | — | View 990 |
| 2019 | $868K | $867K | $20K | $2K | — | View 990 |
| 2018 | $58K | $58K | $17K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $524K, expenses of $481K, and assets of $183K (revenue -24.9% year-over-year).
- 2022: Revenue of $697K, expenses of $676K, and assets of $137K (revenue +10.8% year-over-year).
- 2021: Revenue of $629K, expenses of $591K, and assets of $119K (revenue +1.4% year-over-year).
- 2020: Revenue of $620K, expenses of $559K, and assets of $82K (revenue -28.5% year-over-year).
- 2019: Revenue of $868K, expenses of $867K, and assets of $20K (revenue +1390.2% year-over-year).
- 2018: Revenue of $58K, expenses of $58K, and assets of $17K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Jessamine County Food Pantry:
Data Sources and Methodology
This transparency report for Jessamine County Food Pantry 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.