Smyrna Lavergne Food Bank
EIN: 581565567 · Murfreesboro, TN · NTEE: K31Z
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $2.0M |
| Net Assets | $1.2M |
Is Smyrna Lavergne Food Bank Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Smyrna Lavergne Food Bank
Smyrna Lavergne Food Bank (EIN: 581565567) is a nonprofit organization based in Murfreesboro, TN, classified under NTEE code K31Z. The organization reported total revenue of $1.7M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Smyrna Lavergne Food Bank's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Smyrna Lavergne Food Bank is a mid-size nonprofit that has been operating for 42 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 22.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$15K |
| Total Assets | $1.2M |
| Total Liabilities | $29K |
| Net Assets | $1.2M |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 2.4% |
| Months of Reserves | 7.4 months |
Financial Health Grade: A
In 2023, Smyrna Lavergne Food Bank reported a surplus of $15K with revenue exceeding expenses, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Smyrna Lavergne Food Bank's revenue has grown at a compound annual growth rate (CAGR) of 22.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.2% | -44.3% | +2.9% |
| 2022 | -47.2% | -14.1% | -50.7% |
| 2021 | +25.4% | +35.4% | +21.5% |
| 2020 | +67.7% | +102.5% | +51.6% |
| 2019 | +74.0% | +54.8% | +111.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Smyrna Lavergne Food Bank 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 Smyrna Lavergne Food Bank 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 $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.4%.
Frequently Asked Questions about Smyrna Lavergne Food Bank
Is Smyrna Lavergne Food Bank a legitimate charity?
Smyrna Lavergne Food Bank (EIN: 581565567) is a registered tax-exempt nonprofit based in Tennessee. It has 12 years of IRS 990 filings on record. Total revenue: $1.7M. No red flags identified. Financial health grade: A.
How does Smyrna Lavergne Food Bank spend its money?
Smyrna Lavergne Food Bank reported $1.7M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Smyrna Lavergne Food Bank tax-deductible?
Smyrna Lavergne Food Bank is registered as a tax-exempt nonprofit (EIN: 581565567). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Smyrna Lavergne Food Bank located?
Smyrna Lavergne Food Bank is headquartered in Murfreesboro, Tennessee and files with the IRS under EIN 581565567. It is classified under NTEE code K31Z.
How many years of IRS 990 filings does Smyrna Lavergne Food Bank have?
Smyrna Lavergne Food Bank 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 $1.7M in total revenue.
Filing History
IRS 990 filing history for Smyrna Lavergne Food Bank showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Smyrna Lavergne Food Bank's revenue has grown by 833.7%, moving from $213K to $2.0M. Total assets increased by 748.6% over the same period, from $143K to $1.2M. Total functional expenses rose by 744.1%, from $234K to $2.0M. In its most recent filing year (2023), Smyrna Lavergne Food Bank reported a surplus of $15K, with revenue exceeding expenses. The organization holds $29K in liabilities against $1.2M in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.0M | $1.2M | $29K | — | View 990 |
| 2022 | $2.4M | $3.6M | $1.2M | $9K | — | View 990 |
| 2021 | $4.6M | $4.1M | $2.4M | $3K | — | — |
| 2020 | $3.7M | $3.1M | $2.0M | $52K | — | View 990 |
| 2019 | $2.2M | $1.5M | $1.3M | $4K | — | View 990 |
| 2018 | $1.3M | $973K | $614K | $1K | — | View 990 |
| 2017 | $653K | $627K | $327K | $955 | — | View 990 |
| 2016 | $631K | $580K | $301K | $871 | — | View 990 |
| 2015 | $465K | $403K | $249K | $593 | — | View 990 |
| 2014 | $247K | $212K | $187K | $0 | — | View 990 |
| 2013 | $220K | $209K | $153K | $814 | — | View 990 |
| 2012 | $213K | $234K | $143K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.0M, and assets of $1.2M (revenue -18.2% year-over-year).
- 2022: Revenue of $2.4M, expenses of $3.6M, and assets of $1.2M (revenue -47.2% year-over-year).
- 2021: Revenue of $4.6M, expenses of $4.1M, and assets of $2.4M (revenue +25.4% year-over-year).
- 2020: Revenue of $3.7M, expenses of $3.1M, and assets of $2.0M (revenue +67.7% year-over-year).
- 2019: Revenue of $2.2M, expenses of $1.5M, and assets of $1.3M (revenue +74.0% year-over-year).
- 2018: Revenue of $1.3M, expenses of $973K, and assets of $614K (revenue +92.8% year-over-year).
- 2017: Revenue of $653K, expenses of $627K, and assets of $327K (revenue +3.5% year-over-year).
- 2016: Revenue of $631K, expenses of $580K, and assets of $301K (revenue +35.8% year-over-year).
- 2015: Revenue of $465K, expenses of $403K, and assets of $249K (revenue +88.5% year-over-year).
- 2014: Revenue of $247K, expenses of $212K, and assets of $187K (revenue +12.0% year-over-year).
- 2013: Revenue of $220K, expenses of $209K, and assets of $153K (revenue +3.3% year-over-year).
- 2012: Revenue of $213K, expenses of $234K, and assets of $143K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Smyrna Lavergne Food Bank:
Data Sources and Methodology
This transparency report for Smyrna Lavergne Food Bank 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.