Savory Institute Org Inc
EIN: 454134319 · Boulder, CO · NTEE: C60
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $3.1M |
| Net Assets | $6.7M |
Is Savory Institute Org Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Savory Institute Org Inc
Savory Institute Org Inc (EIN: 454134319) is a nonprofit organization based in Boulder, CO, classified under NTEE code C60. The organization reported total revenue of $2.6M and total assets of $7.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Savory Institute Org Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Savory Institute Org Inc is a mid-size nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 34.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $3.1M |
| Surplus / Deficit | $-632,086 |
| Total Assets | $7.8M |
| Total Liabilities | $1.0M |
| Net Assets | $6.7M |
| Operating Margin | -25.4% |
| Debt-to-Asset Ratio | 13.5% |
| Months of Reserves | 29.8 months |
Financial Health Grade: B
In 2023, Savory Institute Org Inc reported a deficit of $632K with expenses exceeding revenue, holds 29.8 months of operating reserves (strong position), has a debt-to-asset ratio of 13.5% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Savory Institute Org Inc's revenue has grown at a compound annual growth rate (CAGR) of 34.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.6% | -22.7% | -10.0% |
| 2022 | -39.7% | +27.9% | -10.8% |
| 2021 | +80.2% | +56.8% | +14.0% |
| 2020 | -5.7% | -13.7% | +11.9% |
| 2019 | +16.7% | +18.5% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Savory Institute Org 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 Savory Institute Org 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 deficit of $632K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.5%.
Frequently Asked Questions about Savory Institute Org Inc
Is Savory Institute Org Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Savory Institute Org Inc (EIN: 454134319) insufficient data. 0 red flags identified, 0 strengths noted.
How does Savory Institute Org Inc spend its money?
Detailed spending breakdown data is not yet available for Savory Institute Org Inc. Check back for updated IRS 990 analysis.
Are donations to Savory Institute Org Inc tax-deductible?
Savory Institute Org Inc is registered as a tax-exempt nonprofit (EIN: 454134319). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Savory Institute Org Inc located?
Savory Institute Org Inc is headquartered in Boulder, Colorado and files with the IRS under EIN 454134319. It is classified under NTEE code C60.
How many years of IRS 990 filings does Savory Institute Org Inc have?
Savory Institute Org 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 $2.6M in total revenue.
Filing History
IRS 990 filing history for Savory Institute Org Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Savory Institute Org Inc's revenue has grown by 2569.2%, moving from $93K to $2.5M. Total assets increased by 13716% over the same period, from $56K to $7.8M. Total functional expenses rose by 826.7%, from $337K to $3.1M. In its most recent filing year (2023), Savory Institute Org Inc reported a deficit of $632K, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $7.8M in assets (debt-to-asset ratio: 13.5%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $3.1M | $7.8M | $1.0M | — | View 990 |
| 2022 | $2.6M | $4.0M | $8.6M | $1.1M | — | View 990 |
| 2021 | $4.4M | $3.2M | $9.7M | $122K | — | View 990 |
| 2020 | $2.4M | $2.0M | $8.5M | $363K | — | — |
| 2019 | $2.6M | $2.3M | $7.6M | $363K | — | View 990 |
| 2018 | $2.2M | $2.0M | $6.9M | $287K | — | View 990 |
| 2017 | $8.0M | $1.7M | $6.7M | $232K | — | — |
| 2016 | $1.4M | $1.3M | $243K | $171K | — | View 990 |
| 2015 | $1.4M | $1.2M | $277K | $207K | — | View 990 |
| 2014 | $1.2M | $1.5M | $122K | $202K | — | View 990 |
| 2013 | $1.4M | $841K | $325K | $53K | — | View 990 |
| 2012 | $93K | $337K | $56K | $300K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $3.1M, and assets of $7.8M (revenue -5.6% year-over-year).
- 2022: Revenue of $2.6M, expenses of $4.0M, and assets of $8.6M (revenue -39.7% year-over-year).
- 2021: Revenue of $4.4M, expenses of $3.2M, and assets of $9.7M (revenue +80.2% year-over-year).
- 2020: Revenue of $2.4M, expenses of $2.0M, and assets of $8.5M (revenue -5.7% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.3M, and assets of $7.6M (revenue +16.7% year-over-year).
- 2018: Revenue of $2.2M, expenses of $2.0M, and assets of $6.9M (revenue -72.3% year-over-year).
- 2017: Revenue of $8.0M, expenses of $1.7M, and assets of $6.7M (revenue +491.1% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.3M, and assets of $243K (revenue +-0.0% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.2M, and assets of $277K (revenue +15.2% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.5M, and assets of $122K (revenue -13.6% year-over-year).
- 2013: Revenue of $1.4M, expenses of $841K, and assets of $325K (revenue +1352.8% year-over-year).
- 2012: Revenue of $93K, expenses of $337K, and assets of $56K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Savory Institute Org Inc:
Data Sources and Methodology
This transparency report for Savory Institute Org 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.