Piscataquis Regional Food Center
EIN: 822245071 · Dovr Foxcroft, ME · NTEE: K30
| Metric | Value |
|---|---|
| Total Revenue | $313K |
| Total Expenses | $343K |
| Net Assets | $248K |
Is Piscataquis Regional Food Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Piscataquis Regional Food Center
Piscataquis Regional Food Center (EIN: 822245071) is a nonprofit organization based in Dovr Foxcroft, ME, classified under NTEE code K30. The organization reported total revenue of $313K and total assets of $298K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Piscataquis Regional Food Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Piscataquis Regional Food Center is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 16.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $351K |
| Total Expenses | $343K |
| Surplus / Deficit | +$7K |
| Total Assets | $356K |
| Total Liabilities | $108K |
| Net Assets | $248K |
| Operating Margin | 2.1% |
| Debt-to-Asset Ratio | 30.3% |
| Months of Reserves | 12.4 months |
Financial Health Grade: A
In 2023, Piscataquis Regional Food Center reported a surplus of $7K with revenue exceeding expenses, holds 12.4 months of operating reserves (strong position), has a debt-to-asset ratio of 30.3% (moderate leverage).
Financial Trends
Over 6 years of filings (2018–2023), Piscataquis Regional Food Center's revenue has grown at a compound annual growth rate (CAGR) of 16.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.2% | +65.0% | -0.8% |
| 2022 | -29.5% | +32.0% | -4.6% |
| 2021 | +32.2% | -1.3% | +110.9% |
| 2020 | +8.7% | +20.9% | +129.9% |
| 2019 | +19.7% | -25.5% | +300.5% |
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 Piscataquis Regional Food Center 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 Piscataquis Regional Food Center 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 $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.3%.
Frequently Asked Questions about Piscataquis Regional Food Center
Is Piscataquis Regional Food Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Piscataquis Regional Food Center (EIN: 822245071) insufficient data. 0 red flags identified, 0 strengths noted.
How does Piscataquis Regional Food Center spend its money?
Detailed spending breakdown data is not yet available for Piscataquis Regional Food Center. Check back for updated IRS 990 analysis.
Are donations to Piscataquis Regional Food Center tax-deductible?
Piscataquis Regional Food Center is registered as a tax-exempt nonprofit (EIN: 822245071). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Piscataquis Regional Food Center located?
Piscataquis Regional Food Center is headquartered in Dovr Foxcroft, Maine and files with the IRS under EIN 822245071. It is classified under NTEE code K30.
How many years of IRS 990 filings does Piscataquis Regional Food Center have?
Piscataquis Regional Food Center 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 $313K in total revenue.
Filing History
IRS 990 filing history for Piscataquis Regional Food Center showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Piscataquis Regional Food Center's revenue has grown by 112.4%, moving from $165K to $351K. Total assets increased by 1737.3% over the same period, from $19K to $356K. Total functional expenses rose by 93.7%, from $177K to $343K. In its most recent filing year (2023), Piscataquis Regional Food Center reported a surplus of $7K, with revenue exceeding expenses. The organization holds $108K in liabilities against $356K in assets (debt-to-asset ratio: 30.3%), resulting in net assets of $248K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $351K | $343K | $356K | $108K | — | — |
| 2022 | $200K | $208K | $359K | $118K | — | View 990 |
| 2021 | $284K | $158K | $376K | $128K | — | View 990 |
| 2020 | $215K | $160K | $178K | $57K | — | View 990 |
| 2019 | $198K | $132K | $78K | $18K | — | View 990 |
| 2018 | $165K | $177K | $19K | $31K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $351K, expenses of $343K, and assets of $356K (revenue +75.2% year-over-year).
- 2022: Revenue of $200K, expenses of $208K, and assets of $359K (revenue -29.5% year-over-year).
- 2021: Revenue of $284K, expenses of $158K, and assets of $376K (revenue +32.2% year-over-year).
- 2020: Revenue of $215K, expenses of $160K, and assets of $178K (revenue +8.7% year-over-year).
- 2019: Revenue of $198K, expenses of $132K, and assets of $78K (revenue +19.7% year-over-year).
- 2018: Revenue of $165K, expenses of $177K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Piscataquis Regional Food Center:
Data Sources and Methodology
This transparency report for Piscataquis Regional Food Center 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.