River Falls Community Food Pantry
River Falls Community Food Pantry operates with no executive compensation, facing recent operating deficits.
EIN: 204740792 · River Falls, WI · NTEE: K31 · Updated: 2026-03-28
About River Falls Community Food Pantry
River Falls Community Food Pantry (EIN: 204740792) is a nonprofit organization based in River Falls, WI, classified under NTEE code K31. The organization reported total revenue of $478K and total assets of $765K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of River Falls Community Food Pantry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates River Falls Community Food Pantry 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, River Falls Community Food Pantry allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with revenues reaching $477,502 in the latest period.
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 River Falls Community Food Pantry's IRS 990 filings:
- Expenses exceeded revenue in the latest two periods (202406 and 202306), indicating potential reliance on reserves or unsustainable spending without increased funding.
- A notable decrease in assets from $1,183,866 in 202106 to $764,849 in 202406, which could be linked to covering operating deficits.
Strengths
The following positive indicators were identified for River Falls Community Food Pantry:
- Consistent 0% officer compensation across all 13 filings, demonstrating a strong commitment to directing funds to programs.
- Low liabilities ($8,835 in 202406) indicating sound financial management and minimal debt.
- Long operational history with 13 IRS 990 filings, suggesting stability and established community presence.
- Clear mission focus as a food pantry (NTEE K31).
Frequently Asked Questions about River Falls Community Food Pantry
Is River Falls Community Food Pantry financially sustainable given recent operating deficits?
The organization has reported expenses exceeding revenue in the latest two periods (202406 and 202306), and also in 201706. While assets are substantial at $764,849, this trend warrants a closer look at their funding strategy to ensure long-term sustainability without depleting reserves.
How does the absence of officer compensation impact the organization?
The consistent 0% officer compensation across all filings is a significant strength, indicating that all leadership roles are likely volunteer-based or compensated through other means not classified as officer compensation. This maximizes the proportion of funds available for direct program services.
What is the trend in the organization's assets?
Assets have fluctuated, peaking at $1,183,866 in 202106 and decreasing to $764,849 in 202406. This decline, coupled with recent operating deficits, suggests the organization may be drawing down reserves to cover operational costs.
Filing History
IRS 990 filing history for River Falls Community Food Pantry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), River Falls Community Food Pantry's revenue has grown by 210.1%, moving from $154K to $478K. Total assets increased by 561.6% over the same period, from $116K to $765K. Total functional expenses rose by 212.1%, from $179K to $558K. In its most recent filing year (2024), River Falls Community Food Pantry reported a deficit of $81K, with expenses exceeding revenue. The organization holds $9K in liabilities against $765K in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $756K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $478K | $558K | $765K | $9K | — | — |
| 2023 | $406K | $467K | $878K | $88K | — | — |
| 2022 | $450K | $414K | $1.1M | $231K | — | View 990 |
| 2021 | $614K | $285K | $1.2M | $379K | — | View 990 |
| 2020 | $656K | $384K | $1.1M | $603K | — | View 990 |
| 2019 | $468K | $322K | $351K | $5K | — | View 990 |
| 2018 | $331K | $297K | $240K | $3K | — | View 990 |
| 2017 | $267K | $275K | $206K | $2K | — | View 990 |
| 2016 | $323K | $278K | $213K | $2K | — | View 990 |
| 2015 | $255K | $271K | $168K | $603 | — | View 990 |
| 2014 | $252K | $228K | $182K | $357 | — | View 990 |
| 2013 | $310K | $267K | $160K | $317 | — | View 990 |
| 2012 | $154K | $179K | $116K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $478K, expenses of $558K, and assets of $765K (revenue +17.5% year-over-year).
- 2023: Revenue of $406K, expenses of $467K, and assets of $878K (revenue -9.8% year-over-year).
- 2022: Revenue of $450K, expenses of $414K, and assets of $1.1M (revenue -26.7% year-over-year).
- 2021: Revenue of $614K, expenses of $285K, and assets of $1.2M (revenue -6.3% year-over-year).
- 2020: Revenue of $656K, expenses of $384K, and assets of $1.1M (revenue +40.0% year-over-year).
- 2019: Revenue of $468K, expenses of $322K, and assets of $351K (revenue +41.3% year-over-year).
- 2018: Revenue of $331K, expenses of $297K, and assets of $240K (revenue +24.2% year-over-year).
- 2017: Revenue of $267K, expenses of $275K, and assets of $206K (revenue -17.3% year-over-year).
- 2016: Revenue of $323K, expenses of $278K, and assets of $213K (revenue +26.4% year-over-year).
- 2015: Revenue of $255K, expenses of $271K, and assets of $168K (revenue +1.4% year-over-year).
- 2014: Revenue of $252K, expenses of $228K, and assets of $182K (revenue -18.9% year-over-year).
- 2013: Revenue of $310K, expenses of $267K, and assets of $160K (revenue +101.7% year-over-year).
- 2012: Revenue of $154K, expenses of $179K, and assets of $116K.
Data Sources and Methodology
This transparency report for River Falls Community Food Pantry 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.