Snoqualmie Valley Food Bank
EIN: 464388454 · North Bend, WA · NTEE: K99
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.5M |
| Net Assets | $1.6M |
Is Snoqualmie Valley 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 Snoqualmie Valley Food Bank
Snoqualmie Valley Food Bank (EIN: 464388454) is a nonprofit organization based in North Bend, WA, classified under NTEE code K99. The organization reported total revenue of $1.8M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Snoqualmie Valley Food Bank's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Snoqualmie Valley Food Bank is a mid-size nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 7.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$83K |
| Total Assets | $1.6M |
| Net Assets | $1.6M |
| Operating Margin | 5.4% |
| Months of Reserves | 13.3 months |
Financial Health Grade: A
In 2023, Snoqualmie Valley Food Bank reported a surplus of $83K with revenue exceeding expenses, holds 13.3 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2014–2023), Snoqualmie Valley Food Bank's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.6% | +21.3% | +9.7% |
| 2022 | -14.7% | -3.5% | +11.0% |
| 2021 | -21.0% | -17.4% | +33.8% |
| 2020 | +46.2% | +13.5% | +123.2% |
| 2019 | -5.6% | -7.7% | +16.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Snoqualmie Valley 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 Snoqualmie Valley 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 $83K, with revenue exceeding expenses.
Frequently Asked Questions about Snoqualmie Valley Food Bank
Is Snoqualmie Valley Food Bank a legitimate charity?
Snoqualmie Valley Food Bank (EIN: 464388454) is a registered tax-exempt nonprofit based in Washington. It has 10 years of IRS 990 filings on record. Total revenue: $1.8M. No red flags identified. Financial health grade: A.
How does Snoqualmie Valley Food Bank spend its money?
Snoqualmie Valley Food Bank reported $1.8M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Snoqualmie Valley Food Bank tax-deductible?
Snoqualmie Valley Food Bank is registered as a tax-exempt nonprofit (EIN: 464388454). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Snoqualmie Valley Food Bank located?
Snoqualmie Valley Food Bank is headquartered in North Bend, Washington and files with the IRS under EIN 464388454. It is classified under NTEE code K99.
How many years of IRS 990 filings does Snoqualmie Valley Food Bank have?
Snoqualmie Valley Food Bank has 10 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Snoqualmie Valley Food Bank showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Snoqualmie Valley Food Bank's revenue has grown by 84.8%, moving from $832K to $1.5M. Total assets increased by 2203.6% over the same period, from $70K to $1.6M. Total functional expenses rose by 89.9%, from $765K to $1.5M. In its most recent filing year (2023), Snoqualmie Valley Food Bank reported a surplus of $83K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.5M | $1.6M | $-420 | — | — |
| 2022 | $1.4M | $1.2M | $1.5M | $0 | — | — |
| 2021 | $1.6M | $1.2M | $1.3M | $0 | — | View 990 |
| 2020 | $2.0M | $1.5M | $992K | $24K | — | — |
| 2019 | $1.4M | $1.3M | $444K | $0 | — | View 990 |
| 2018 | $1.5M | $1.4M | $382K | $0 | — | View 990 |
| 2017 | $1.5M | $1.4M | $349K | $0 | — | View 990 |
| 2016 | $1.3M | $1.2M | $255K | $2K | — | View 990 |
| 2015 | $1.3M | $1.1M | $180K | $0 | — | View 990 |
| 2014 | $832K | $765K | $70K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.5M, and assets of $1.6M (revenue +12.6% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.2M, and assets of $1.5M (revenue -14.7% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.2M, and assets of $1.3M (revenue -21.0% year-over-year).
- 2020: Revenue of $2.0M, expenses of $1.5M, and assets of $992K (revenue +46.2% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.3M, and assets of $444K (revenue -5.6% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.4M, and assets of $382K (revenue -4.9% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.4M, and assets of $349K (revenue +19.5% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $255K (revenue +3.0% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.1M, and assets of $180K (revenue +50.7% year-over-year).
- 2014: Revenue of $832K, expenses of $765K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Snoqualmie Valley Food Bank:
Data Sources and Methodology
This transparency report for Snoqualmie Valley 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.