Key Peninsula Bischoff Food Bank
EIN: 465405179 · Vaughn, WA · NTEE: K31
| Metric | Value |
|---|---|
| Total Revenue | $859K |
| Total Expenses | $982K |
| Net Assets | $396K |
Is Key Peninsula Bischoff 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 Key Peninsula Bischoff Food Bank
Key Peninsula Bischoff Food Bank (EIN: 465405179) is a nonprofit organization based in Vaughn, WA, classified under NTEE code K31. The organization reported total revenue of $859K and total assets of $464K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Key Peninsula Bischoff Food Bank's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Key Peninsula Bischoff Food Bank is a small nonprofit that has been operating for 9 years, with 5 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 69.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $879K |
| Total Expenses | $982K |
| Surplus / Deficit | $-102,457 |
| Total Assets | $396K |
| Net Assets | $396K |
| Operating Margin | -11.7% |
| Months of Reserves | 4.8 months |
Financial Health Grade: B
In 2023, Key Peninsula Bischoff Food Bank reported a deficit of $102K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate).
Financial Trends
Over 5 years of filings (2015–2023), Key Peninsula Bischoff Food Bank's revenue has grown at a compound annual growth rate (CAGR) of 69.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.0% | -10.1% | -20.6% |
| 2022 | +85.8% | +91.2% | +93.4% |
| 2021 | +4989.2% | +5851.0% | +5626.2% |
| 2016 | +8.7% | +0.0% | +33.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Key Peninsula Bischoff 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 Key Peninsula Bischoff 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 $102K, with expenses exceeding revenue.
Frequently Asked Questions about Key Peninsula Bischoff Food Bank
Is Key Peninsula Bischoff Food Bank a legitimate charity?
Based on AI analysis of IRS 990 filings, Key Peninsula Bischoff Food Bank (EIN: 465405179) insufficient data. 0 red flags identified, 0 strengths noted.
How does Key Peninsula Bischoff Food Bank spend its money?
Detailed spending breakdown data is not yet available for Key Peninsula Bischoff Food Bank. Check back for updated IRS 990 analysis.
Are donations to Key Peninsula Bischoff Food Bank tax-deductible?
Key Peninsula Bischoff Food Bank is registered as a tax-exempt nonprofit (EIN: 465405179). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Key Peninsula Bischoff Food Bank located?
Key Peninsula Bischoff Food Bank is headquartered in Vaughn, Washington and files with the IRS under EIN 465405179. It is classified under NTEE code K31.
How many years of IRS 990 filings does Key Peninsula Bischoff Food Bank have?
Key Peninsula Bischoff Food Bank has 5 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 $859K in total revenue.
Filing History
IRS 990 filing history for Key Peninsula Bischoff Food Bank showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2015–2023), Key Peninsula Bischoff Food Bank's revenue has grown by 6680%, moving from $13K to $879K. Total assets increased by 11653.2% over the same period, from $3K to $396K. Total functional expenses rose by 10127.4%, from $10K to $982K. In its most recent filing year (2023), Key Peninsula Bischoff Food Bank reported a deficit of $102K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $879K | $982K | $396K | $0 | — | — |
| 2022 | $1.3M | $1.1M | $499K | $135 | — | View 990 |
| 2021 | $718K | $571K | $258K | $324 | — | View 990 |
| 2016 | $14K | $10K | $5K | $0 | — | View 990 |
| 2015 | $13K | $10K | $3K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $879K, expenses of $982K, and assets of $396K (revenue -34.0% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.1M, and assets of $499K (revenue +85.8% year-over-year).
- 2021: Revenue of $718K, expenses of $571K, and assets of $258K (revenue +4989.2% year-over-year).
- 2016: Revenue of $14K, expenses of $10K, and assets of $5K (revenue +8.7% year-over-year).
- 2015: Revenue of $13K, expenses of $10K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Key Peninsula Bischoff Food Bank:
Data Sources and Methodology
This transparency report for Key Peninsula Bischoff 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.