Prater Creek Food Pantry Inc
EIN: 461580111 · Stanville, KY · NTEE: K31
| Metric | Value |
|---|---|
| Total Revenue | $18K |
| Total Expenses | $20K |
| Net Assets | $1 |
Is Prater Creek Food Pantry Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Prater Creek Food Pantry Inc
Prater Creek Food Pantry Inc (EIN: 461580111) is a nonprofit organization based in Stanville, KY, classified under NTEE code K31. The organization reported total revenue of $18K and total assets of $12K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prater Creek Food Pantry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prater Creek Food Pantry Inc is a micro nonprofit that has been operating for 10 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of 16.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $20K |
| Total Expenses | $20K |
| Surplus / Deficit | +$0 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | 0.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2023, Prater Creek Food Pantry Inc reported a surplus of $0 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 7 years of filings (2017–2023), Prater Creek Food Pantry Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +258.0% | +258.0% | +0.0% |
| 2022 | -44.0% | -44.0% | +0.0% |
| 2021 | -9.1% | -9.1% | +0.0% |
| 2020 | +22.2% | +22.2% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Prater Creek Food Pantry Inc 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 Prater Creek Food Pantry Inc 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 $0, with revenue exceeding expenses.
Frequently Asked Questions about Prater Creek Food Pantry Inc
Is Prater Creek Food Pantry Inc a legitimate charity?
Prater Creek Food Pantry Inc (EIN: 461580111) is a registered tax-exempt nonprofit based in Kentucky. It has 7 years of IRS 990 filings on record. Total revenue: $18K. No red flags identified. Financial health grade: B.
How does Prater Creek Food Pantry Inc spend its money?
Prater Creek Food Pantry Inc reported $18K in total revenue in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Prater Creek Food Pantry Inc tax-deductible?
Prater Creek Food Pantry Inc is registered as a tax-exempt nonprofit (EIN: 461580111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Prater Creek Food Pantry Inc located?
Prater Creek Food Pantry Inc is headquartered in Stanville, Kentucky and files with the IRS under EIN 461580111. It is classified under NTEE code K31.
How many years of IRS 990 filings does Prater Creek Food Pantry Inc have?
Prater Creek Food Pantry Inc has 7 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 $18K in total revenue.
Filing History
IRS 990 filing history for Prater Creek Food Pantry Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Prater Creek Food Pantry Inc's revenue has grown by 150.6%, moving from $8K to $20K. Total assets increased by 0% over the same period, from $1 to $1. Total functional expenses rose by 150.6%, from $8K to $20K. In its most recent filing year (2023), Prater Creek Food Pantry Inc reported a surplus of $0, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $20K | $20K | $1 | $0 | — | View 990 |
| 2022 | $6K | $6K | $1 | $0 | — | View 990 |
| 2021 | $10K | $10K | $1 | $0 | — | — |
| 2020 | $11K | $11K | $1 | $0 | — | — |
| 2019 | $9K | $9K | $1 | $0 | — | View 990 |
| 2018 | $0 | $0 | $1 | $0 | — | View 990 |
| 2017 | $8K | $8K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $20K, expenses of $20K, and assets of $1 (revenue +258.0% year-over-year).
- 2022: Revenue of $6K, expenses of $6K, and assets of $1 (revenue -44.0% year-over-year).
- 2021: Revenue of $10K, expenses of $10K, and assets of $1 (revenue -9.1% year-over-year).
- 2020: Revenue of $11K, expenses of $11K, and assets of $1 (revenue +22.2% year-over-year).
- 2019: Revenue of $9K, expenses of $9K, and assets of $1.
- 2018: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2017: Revenue of $8K, expenses of $8K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prater Creek Food Pantry Inc:
Data Sources and Methodology
This transparency report for Prater Creek Food Pantry 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.