Plains Grains Inc
Plains Grains Inc. consistently operates on a lean budget with no reported officer compensation.
EIN: 200628307 · Lincoln, NE · NTEE: K20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $207K |
| Total Expenses | $201K |
| Program Spending | 85% |
| Net Assets | $156K |
| Transparency Score | 85/100 |
Is Plains Grains Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Plains Grains Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Plains Grains Inc
Plains Grains Inc (EIN: 200628307) is a nonprofit organization based in Lincoln, NE, classified under NTEE code K20. The organization reported total revenue of $207K and total assets of $135K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plains Grains Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Plains Grains Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $217K |
| Total Expenses | $201K |
| Surplus / Deficit | +$16K |
| Total Assets | $213K |
| Total Liabilities | $57K |
| Net Assets | $156K |
| Operating Margin | 7.5% |
| Debt-to-Asset Ratio | 26.6% |
| Months of Reserves | 12.7 months |
Financial Health Grade: A
In 2023, Plains Grains Inc reported a surplus of $16K with revenue exceeding expenses, holds 12.7 months of operating reserves (strong position), has a debt-to-asset ratio of 26.6% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Plains Grains Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.3% | -5.4% | +52.2% |
| 2022 | +36.0% | +70.1% | -16.3% |
| 2021 | -30.5% | -34.0% | +7.3% |
| 2020 | +15.2% | -0.9% | +4.6% |
| 2019 | -21.3% | -2.5% | -12.3% |
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 Plains Grains Inc with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Plains Grains Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $16K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.6%.
Executive Compensation Analysis
Plains Grains Inc. reports 0% officer compensation across all available filings, indicating a volunteer-led organization or one where executive functions are performed without direct salary, which significantly reduces overhead.
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.
Red Flags
The following concerns were identified during AI analysis of Plains Grains Inc's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes full spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Plains Grains Inc:
- Consistent financial reporting over 12 periods demonstrates transparency.
- 0% officer compensation indicates a highly efficient or volunteer-driven leadership structure.
- Stable financial operations with revenues generally covering expenses over the past decade.
- Positive asset growth from $75,101 in 201406 to $212,779 in 202306.
Frequently Asked Questions about Plains Grains Inc
Is Plains Grains Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Plains Grains Inc (EIN: 200628307) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Plains Grains Inc spend its money?
Plains Grains Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Plains Grains Inc tax-deductible?
Plains Grains Inc is registered as a tax-exempt nonprofit (EIN: 200628307). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Plains Grains Inc's spending goes to programs?
Plains Grains Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Plains Grains Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Plains Grains Inc is above average for NTEE category K20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Plains Grains Inc located?
Plains Grains Inc is headquartered in Lincoln, Nebraska and files with the IRS under EIN 200628307. It is classified under NTEE code K20.
How many years of IRS 990 filings does Plains Grains Inc have?
Plains Grains Inc has 12 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 $207K in total revenue.
Is Plains Grains Inc. financially stable?
Yes, Plains Grains Inc. appears financially stable, consistently managing revenues and expenses over a decade. For example, in 202306, they reported revenues of $217,464 against expenses of $201,165, maintaining positive assets.
How does Plains Grains Inc. manage executive compensation?
Plains Grains Inc. reports 0% officer compensation in all available filings, suggesting a volunteer-driven leadership model or that executive roles are not compensated through salaries.
What is the trend in Plains Grains Inc.'s assets?
Plains Grains Inc.'s assets have shown growth over the decade, increasing from $75,101 in 201406 to $212,779 in 202306, indicating prudent financial management.
Filing History
IRS 990 filing history for Plains Grains Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Plains Grains Inc's revenue has grown by 19.8%, moving from $182K to $217K. Total assets increased by 170.2% over the same period, from $79K to $213K. Total functional expenses rose by 13.3%, from $178K to $201K. In its most recent filing year (2023), Plains Grains Inc reported a surplus of $16K, with revenue exceeding expenses. The organization holds $57K in liabilities against $213K in assets (debt-to-asset ratio: 26.6%), resulting in net assets of $156K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $217K | $201K | $213K | $57K | — | View 990 |
| 2022 | $185K | $213K | $140K | $0 | — | View 990 |
| 2021 | $136K | $125K | $167K | $0 | — | View 990 |
| 2020 | $196K | $189K | $156K | $0 | — | View 990 |
| 2019 | $170K | $191K | $149K | $0 | — | View 990 |
| 2018 | $217K | $196K | $170K | $0 | — | View 990 |
| 2017 | $187K | $158K | $149K | $0 | — | View 990 |
| 2016 | $215K | $178K | $120K | $0 | — | View 990 |
| 2015 | $174K | $167K | $82K | $0 | — | View 990 |
| 2014 | $166K | $181K | $75K | $0 | — | View 990 |
| 2013 | $166K | $155K | $90K | $0 | — | View 990 |
| 2012 | $182K | $178K | $79K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $217K, expenses of $201K, and assets of $213K (revenue +17.3% year-over-year).
- 2022: Revenue of $185K, expenses of $213K, and assets of $140K (revenue +36.0% year-over-year).
- 2021: Revenue of $136K, expenses of $125K, and assets of $167K (revenue -30.5% year-over-year).
- 2020: Revenue of $196K, expenses of $189K, and assets of $156K (revenue +15.2% year-over-year).
- 2019: Revenue of $170K, expenses of $191K, and assets of $149K (revenue -21.3% year-over-year).
- 2018: Revenue of $217K, expenses of $196K, and assets of $170K (revenue +15.8% year-over-year).
- 2017: Revenue of $187K, expenses of $158K, and assets of $149K (revenue -13.1% year-over-year).
- 2016: Revenue of $215K, expenses of $178K, and assets of $120K (revenue +23.6% year-over-year).
- 2015: Revenue of $174K, expenses of $167K, and assets of $82K (revenue +4.7% year-over-year).
- 2014: Revenue of $166K, expenses of $181K, and assets of $75K (revenue +0.3% year-over-year).
- 2013: Revenue of $166K, expenses of $155K, and assets of $90K (revenue -8.6% year-over-year).
- 2012: Revenue of $182K, expenses of $178K, and assets of $79K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Plains Grains Inc:
Data Sources and Methodology
This transparency report for Plains Grains 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.