Skowhegan Community Food Cupboard
Skowhegan Community Food Cupboard: Strong Asset Growth, Low Revenue
EIN: 222715488 · Skowhegan, ME · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $51K |
| Total Expenses | $72K |
| Program Spending | 80% |
| Net Assets | $431K |
| Transparency Score | 75/100 |
Is Skowhegan Community Food Cupboard Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Skowhegan Community Food Cupboard directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Skowhegan Community Food Cupboard
Skowhegan Community Food Cupboard (EIN: 222715488) is a nonprofit organization based in Skowhegan, ME. The organization reported total revenue of $51K and total assets of $431K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Skowhegan Community Food Cupboard's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Skowhegan Community Food Cupboard is a micro nonprofit that has been operating for 40 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $51K |
| Total Expenses | $72K |
| Surplus / Deficit | $-21,236 |
| Total Assets | $431K |
| Net Assets | $431K |
| Operating Margin | -41.8% |
| Months of Reserves | 71.8 months |
Financial Health Grade: B
In 2023, Skowhegan Community Food Cupboard reported a deficit of $21K with expenses exceeding revenue, holds 71.8 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Skowhegan Community Food Cupboard's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.2% | +97.1% | +0.1% |
| 2022 | -34.1% | +47.2% | +2.6% |
| 2021 | -14.3% | -13.8% | +36.4% |
| 2020 | +72.7% | -13.0% | +65.8% |
| 2018 | -4.7% | -29.7% | +5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Skowhegan Community Food Cupboard with a Mission Score of 75 out of 100 (Good). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Skowhegan Community Food Cupboard allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $21K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not reported in available filings, suggesting it is below the IRS reporting threshold or non-existent, which is positive for a small organization.
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 Skowhegan Community Food Cupboard's IRS 990 filings:
- Revenue has been inconsistent, with a notable drop from $74,839 in 2020 to $50,761 in 2023.
- Expenses exceeded revenue in 2023 ($71,997 vs $50,761), indicating reliance on prior year surpluses or asset drawdowns.
Strengths
The following positive indicators were identified for Skowhegan Community Food Cupboard:
- Significant asset growth from $164,230 in 2015 to $430,562 in 2023, demonstrating strong financial stewardship over time.
- Consistent operational history dating back to at least 2015, indicating stability and community presence.
- Low reported expenses relative to assets, suggesting efficient operations.
Frequently Asked Questions about Skowhegan Community Food Cupboard
Is Skowhegan Community Food Cupboard a legitimate charity?
Based on AI analysis of IRS 990 filings, Skowhegan Community Food Cupboard (EIN: 222715488) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Skowhegan Community Food Cupboard spend its money?
Skowhegan Community Food Cupboard directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Skowhegan Community Food Cupboard tax-deductible?
Skowhegan Community Food Cupboard is registered as a tax-exempt nonprofit (EIN: 222715488). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Skowhegan Community Food Cupboard's spending goes to programs?
Skowhegan Community Food Cupboard directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Skowhegan Community Food Cupboard located?
Skowhegan Community Food Cupboard is headquartered in Skowhegan, Maine and files with the IRS under EIN 222715488.
How many years of IRS 990 filings does Skowhegan Community Food Cupboard have?
Skowhegan Community Food Cupboard 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 $51K in total revenue.
What does Skowhegan Community Food Cupboard do?
Skowhegan Community Food Cupboard is a nonprofit organization in the Unknown sector, located in Skowhegan, Maine. It is classified under NTEE code Unknown.
How much revenue does Skowhegan Community Food Cupboard have?
Skowhegan Community Food Cupboard reported total revenue of $50,761. Based on 12 IRS 990 filings on record.
What are Skowhegan Community Food Cupboard's total assets?
Skowhegan Community Food Cupboard holds total assets of $430,562 as reported in IRS 990 filings.
Where is Skowhegan Community Food Cupboard located?
Skowhegan Community Food Cupboard is based in Skowhegan, Maine.
What is Skowhegan Community Food Cupboard's EIN?
Skowhegan Community Food Cupboard's Employer Identification Number (EIN) is 222715488. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Skowhegan Community Food Cupboard?
Skowhegan Community Food Cupboard is classified under NTEE code Unknown (Unknown).
Is Skowhegan Community Food Cupboard a registered 501(c)(3)?
Skowhegan Community Food Cupboard appears in IRS records (EIN: 222715488). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Skowhegan Community Food Cupboard file IRS Form 990?
Yes, Skowhegan Community Food Cupboard has 12 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Skowhegan Community Food Cupboard's revenue in 2023?
In the 202312 filing period, Skowhegan Community Food Cupboard reported total revenue of $50,761, total expenses of $71,997, and net assets of $430,562.
Is Skowhegan Community Food Cupboard's revenue growing or declining?
Skowhegan Community Food Cupboard's revenue is growing. Revenue went from $42,234 (202212) to $50,761 (202312), a +20.2% change. Based on 12 filings on record.
What is Skowhegan Community Food Cupboard's most recent 990 filing?
The most recent IRS Form 990 filing for Skowhegan Community Food Cupboard covers tax period 202312. It shows revenue of $50,761, expenses of $71,997, total assets of $430,562, and liabilities of N/A.
How much does Skowhegan Community Food Cupboard spend on programs vs administration?
Based on IRS 990 analysis, Skowhegan Community Food Cupboard allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Skowhegan Community Food Cupboard a trustworthy charity?
Based on AI analysis of IRS 990 data, Skowhegan Community Food Cupboard appears trustworthy. Mission Score: 75/100 (Good). 2 red flags identified. 3 strengths noted.
What are the red flags for Skowhegan Community Food Cupboard?
The following concerns were identified: Revenue has been inconsistent, with a notable drop from $74,839 in 2020 to $50,761 in 2023.. Expenses exceeded revenue in 2023 ($71,997 vs $50,761), indicating reliance on prior year surpluses or asset drawdowns.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Skowhegan Community Food Cupboard's strengths?
Positive indicators for Skowhegan Community Food Cupboard include: Significant asset growth from $164,230 in 2015 to $430,562 in 2023, demonstrating strong financial stewardship over time.. Consistent operational history dating back to at least 2015, indicating stability and community presence.. Low reported expenses relative to assets, suggesting efficient operations.. These findings are derived from AI analysis of the organization's financial filings.
How does Skowhegan Community Food Cupboard compensate executives?
Executive compensation is not reported in available filings, suggesting it is below the IRS reporting threshold or non-existent, which is positive for a small organization. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Skowhegan Community Food Cupboard?
• No detailed financial reports beyond basic IRS filings are readily available. • Specific program spending details are not itemized. • Board meeting minutes or impact reports are not published. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the substantial asset growth, what is the organization's strategy for leveraging these assets to increase program reach or sustainability, especially in light of fluctuating revenues?
The organization's assets have grown significantly, but without detailed program spending or investment strategies, it's unclear how these assets are actively contributing to expanding their mission beyond basic operational support. Further information on asset utilization would be beneficial.
With expenses exceeding revenue in 2023, what measures are being taken to ensure long-term financial stability and avoid drawing down reserves unsustainably?
The 2023 deficit of $21,236 ($71,997 expenses - $50,761 revenue) suggests a need for either increased fundraising or expense reduction. Understanding the specific reasons for this deficit and the plan to address it is crucial for assessing future financial health.
Filing History
IRS 990 filing history for Skowhegan Community Food Cupboard showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Skowhegan Community Food Cupboard's revenue has grown by 57.2%, moving from $32K to $51K. Total assets increased by 216.6% over the same period, from $136K to $431K. Total functional expenses rose by 43.6%, from $50K to $72K. In its most recent filing year (2023), Skowhegan Community Food Cupboard reported a deficit of $21K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $51K | $72K | $431K | $0 | — | — |
| 2022 | $42K | $37K | $430K | $0 | — | View 990 |
| 2021 | $64K | $25K | $419K | $0 | — | View 990 |
| 2020 | $75K | $29K | $308K | $0 | — | — |
| 2018 | $43K | $33K | $186K | $0 | — | View 990 |
| 2017 | $45K | $47K | $175K | $0 | — | — |
| 2016 | $60K | $47K | $177K | $0 | — | View 990 |
| 2015 | $42K | $45K | $164K | $0 | — | View 990 |
| 2014 | $45K | $38K | $167K | $0 | — | View 990 |
| 2013 | $31K | $48K | $160K | $0 | — | View 990 |
| 2012 | $29K | $42K | $177K | $0 | — | View 990 |
| 2011 | $32K | $50K | $136K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $51K, expenses of $72K, and assets of $431K (revenue +20.2% year-over-year).
- 2022: Revenue of $42K, expenses of $37K, and assets of $430K (revenue -34.1% year-over-year).
- 2021: Revenue of $64K, expenses of $25K, and assets of $419K (revenue -14.3% year-over-year).
- 2020: Revenue of $75K, expenses of $29K, and assets of $308K (revenue +72.7% year-over-year).
- 2018: Revenue of $43K, expenses of $33K, and assets of $186K (revenue -4.7% year-over-year).
- 2017: Revenue of $45K, expenses of $47K, and assets of $175K (revenue -24.4% year-over-year).
- 2016: Revenue of $60K, expenses of $47K, and assets of $177K (revenue +43.4% year-over-year).
- 2015: Revenue of $42K, expenses of $45K, and assets of $164K (revenue -5.9% year-over-year).
- 2014: Revenue of $45K, expenses of $38K, and assets of $167K (revenue +45.2% year-over-year).
- 2013: Revenue of $31K, expenses of $48K, and assets of $160K (revenue +7.2% year-over-year).
- 2012: Revenue of $29K, expenses of $42K, and assets of $177K (revenue -11.4% year-over-year).
- 2011: Revenue of $32K, expenses of $50K, and assets of $136K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Skowhegan Community Food Cupboard:
Data Sources and Methodology
This transparency report for Skowhegan Community Food Cupboard 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.