Sibley County Food Share Inc
EIN: 411442943 · Gaylord, MN · NTEE: K30
| Metric | Value |
|---|---|
| Total Revenue | $139K |
| Total Expenses | $112K |
| Net Assets | $156K |
Is Sibley County Food Share Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sibley County Food Share Inc
Sibley County Food Share Inc (EIN: 411442943) is a nonprofit organization based in Gaylord, MN, classified under NTEE code K30. The organization reported total revenue of $139K and total assets of $173K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sibley County Food Share Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sibley County Food Share Inc is a small nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $103K |
| Total Expenses | $112K |
| Surplus / Deficit | $-8,895 |
| Total Assets | $156K |
| Total Liabilities | $14 |
| Net Assets | $156K |
| Operating Margin | -8.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 16.6 months |
Financial Health Grade: B
In 2023, Sibley County Food Share Inc reported a deficit of $9K with expenses exceeding revenue, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Sibley County Food Share Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.8% | +8.9% | -5.4% |
| 2022 | +2.4% | +93.8% | -0.4% |
| 2021 | -3.0% | -5.0% | +39.8% |
| 2020 | +131.0% | -5.7% | +66.8% |
| 2019 | -21.0% | +1.4% | -17.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sibley County Food Share 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 Sibley County Food Share 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 $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Sibley County Food Share Inc
Is Sibley County Food Share Inc a legitimate charity?
Sibley County Food Share Inc (EIN: 411442943) is a registered tax-exempt nonprofit based in Minnesota. It has 12 years of IRS 990 filings on record. Total revenue: $139K. No red flags identified. Financial health grade: B.
How does Sibley County Food Share Inc spend its money?
Sibley County Food Share Inc reported $139K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sibley County Food Share Inc tax-deductible?
Sibley County Food Share Inc is registered as a tax-exempt nonprofit (EIN: 411442943). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sibley County Food Share Inc located?
Sibley County Food Share Inc is headquartered in Gaylord, Minnesota and files with the IRS under EIN 411442943. It is classified under NTEE code K30.
How many years of IRS 990 filings does Sibley County Food Share Inc have?
Sibley County Food Share 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 $139K in total revenue.
Filing History
IRS 990 filing history for Sibley County Food Share Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Sibley County Food Share Inc's revenue has grown by 17.8%, moving from $88K to $103K. Total assets increased by 84.5% over the same period, from $84K to $156K. Total functional expenses rose by 33.8%, from $84K to $112K. In its most recent filing year (2023), Sibley County Food Share Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $14 in liabilities against $156K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $156K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $103K | $112K | $156K | $14 | — | View 990 |
| 2022 | $103K | $103K | $164K | $0 | — | View 990 |
| 2021 | $100K | $53K | $165K | $6 | — | View 990 |
| 2020 | $103K | $56K | $118K | $0 | — | View 990 |
| 2019 | $45K | $59K | $71K | $6 | — | View 990 |
| 2018 | $57K | $59K | $86K | $6 | — | View 990 |
| 2017 | $80K | $52K | $88K | $6 | — | View 990 |
| 2016 | $51K | $62K | $59K | $0 | — | View 990 |
| 2015 | $65K | $65K | $69K | $59 | — | View 990 |
| 2014 | $72K | $85K | $70K | $67 | — | View 990 |
| 2013 | $83K | $80K | $84K | $1K | — | View 990 |
| 2011 | $88K | $84K | $84K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $103K, expenses of $112K, and assets of $156K (revenue +0.8% year-over-year).
- 2022: Revenue of $103K, expenses of $103K, and assets of $164K (revenue +2.4% year-over-year).
- 2021: Revenue of $100K, expenses of $53K, and assets of $165K (revenue -3.0% year-over-year).
- 2020: Revenue of $103K, expenses of $56K, and assets of $118K (revenue +131.0% year-over-year).
- 2019: Revenue of $45K, expenses of $59K, and assets of $71K (revenue -21.0% year-over-year).
- 2018: Revenue of $57K, expenses of $59K, and assets of $86K (revenue -29.4% year-over-year).
- 2017: Revenue of $80K, expenses of $52K, and assets of $88K (revenue +56.1% year-over-year).
- 2016: Revenue of $51K, expenses of $62K, and assets of $59K (revenue -20.7% year-over-year).
- 2015: Revenue of $65K, expenses of $65K, and assets of $69K (revenue -10.4% year-over-year).
- 2014: Revenue of $72K, expenses of $85K, and assets of $70K (revenue -13.3% year-over-year).
- 2013: Revenue of $83K, expenses of $80K, and assets of $84K (revenue -5.1% year-over-year).
- 2011: Revenue of $88K, expenses of $84K, and assets of $84K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sibley County Food Share Inc:
Data Sources and Methodology
This transparency report for Sibley County Food Share 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.