Linn Community Food Bank Inc
Linn Community Food Bank Inc consistently operates with zero liabilities and no executive compensation, growing assets to over $645,000.
EIN: 200076420 · Cedar Rapids, IA · NTEE: K31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $218K |
| Total Expenses | $164K |
| Program Spending | 95% |
| Net Assets | $645K |
| Transparency Score | 95/100 |
Is Linn Community Food Bank Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Linn Community Food Bank Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Linn Community Food Bank Inc
Linn Community Food Bank Inc (EIN: 200076420) is a nonprofit organization based in Cedar Rapids, IA, classified under NTEE code K31. The organization reported total revenue of $218K and total assets of $667K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Linn Community Food Bank Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Linn Community Food Bank Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $202K |
| Total Expenses | $164K |
| Surplus / Deficit | +$38K |
| Total Assets | $645K |
| Net Assets | $645K |
| Operating Margin | 18.8% |
| Months of Reserves | 47.3 months |
Financial Health Grade: A
In 2023, Linn Community Food Bank Inc reported a surplus of $38K with revenue exceeding expenses, holds 47.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Linn Community Food Bank Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.1% | -6.9% | +6.2% |
| 2022 | -20.6% | +96.9% | +3.7% |
| 2021 | -19.0% | +4.0% | +37.4% |
| 2020 | +217.6% | -28.7% | +107.9% |
| 2019 | -7.2% | +10.5% | -10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Linn Community Food Bank Inc 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: 95%
- fundraising: 0%
According to IRS 990 filings, Linn Community Food Bank Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $38K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating a volunteer-led organization. This significantly reduces overhead and allows a greater proportion of funds to be directed towards its mission.
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 Linn Community Food Bank Inc:
- Consistent zero liabilities across all filings, indicating strong financial stability.
- 0% officer compensation, maximizing funds for program services.
- Significant asset growth from $205,020 in 2019 to $645,242 in 2023.
- Revenues consistently exceeding expenses in recent years (e.g., $201,799 revenue vs. $163,848 expenses in 2023).
- Strong program focus due to minimal administrative overhead.
Frequently Asked Questions about Linn Community Food Bank Inc
Is Linn Community Food Bank Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Linn Community Food Bank Inc (EIN: 200076420) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Linn Community Food Bank Inc spend its money?
Linn Community Food Bank Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Linn Community Food Bank Inc tax-deductible?
Linn Community Food Bank Inc is registered as a tax-exempt nonprofit (EIN: 200076420). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Linn Community Food Bank Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Linn Community Food Bank Inc 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 Linn Community Food Bank Inc located?
Linn Community Food Bank Inc is headquartered in Cedar Rapids, Iowa and files with the IRS under EIN 200076420. It is classified under NTEE code K31.
How many years of IRS 990 filings does Linn Community Food Bank Inc have?
Linn Community Food Bank Inc 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 $218K in total revenue.
Is Linn Community Food Bank Inc a good charity?
Yes, Linn Community Food Bank Inc appears to be a very good charity. It consistently reports zero liabilities, no officer compensation, and has shown strong asset growth, indicating excellent financial health and efficient use of donations.
How does Linn Community Food Bank Inc manage its administrative costs?
The organization manages administrative costs exceptionally well, primarily by operating with 0% officer compensation, as reported in all available IRS 990 filings. This suggests a volunteer-driven leadership, minimizing overhead.
What is the trend in Linn Community Food Bank Inc's assets?
Linn Community Food Bank Inc has shown a strong upward trend in assets, growing from $205,020 in 2019 to $645,242 in 2023, indicating effective financial management and capacity building.
Filing History
IRS 990 filing history for Linn Community Food Bank Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Linn Community Food Bank Inc's revenue has grown by 87.8%, moving from $107K to $202K. Total assets increased by 208% over the same period, from $209K to $645K. Total functional expenses rose by 135.4%, from $70K to $164K. In its most recent filing year (2023), Linn Community Food Bank Inc reported a surplus of $38K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $202K | $164K | $645K | $0 | — | View 990 |
| 2022 | $198K | $176K | $607K | $0 | — | View 990 |
| 2021 | $249K | $89K | $586K | $0 | — | View 990 |
| 2020 | $307K | $86K | $426K | $0 | — | — |
| 2019 | $97K | $121K | $205K | $0 | — | View 990 |
| 2018 | $104K | $109K | $229K | $0 | — | View 990 |
| 2017 | $100K | $111K | $234K | $0 | — | View 990 |
| 2016 | $115K | $86K | $245K | $0 | — | View 990 |
| 2015 | $100K | $99K | $220K | $0 | — | View 990 |
| 2014 | $142K | $83K | $221K | $0 | — | View 990 |
| 2013 | $119K | $143K | $165K | $0 | — | View 990 |
| 2012 | $111K | $125K | $192K | $0 | — | View 990 |
| 2011 | $107K | $70K | $209K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $202K, expenses of $164K, and assets of $645K (revenue +2.1% year-over-year).
- 2022: Revenue of $198K, expenses of $176K, and assets of $607K (revenue -20.6% year-over-year).
- 2021: Revenue of $249K, expenses of $89K, and assets of $586K (revenue -19.0% year-over-year).
- 2020: Revenue of $307K, expenses of $86K, and assets of $426K (revenue +217.6% year-over-year).
- 2019: Revenue of $97K, expenses of $121K, and assets of $205K (revenue -7.2% year-over-year).
- 2018: Revenue of $104K, expenses of $109K, and assets of $229K (revenue +3.9% year-over-year).
- 2017: Revenue of $100K, expenses of $111K, and assets of $234K (revenue -12.6% year-over-year).
- 2016: Revenue of $115K, expenses of $86K, and assets of $245K (revenue +14.7% year-over-year).
- 2015: Revenue of $100K, expenses of $99K, and assets of $220K (revenue -29.3% year-over-year).
- 2014: Revenue of $142K, expenses of $83K, and assets of $221K (revenue +19.1% year-over-year).
- 2013: Revenue of $119K, expenses of $143K, and assets of $165K (revenue +7.6% year-over-year).
- 2012: Revenue of $111K, expenses of $125K, and assets of $192K (revenue +2.9% year-over-year).
- 2011: Revenue of $107K, expenses of $70K, and assets of $209K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Linn Community Food Bank Inc:
Data Sources and Methodology
This transparency report for Linn Community Food Bank 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.