So All May Eat Inc
So All May Eat Inc. consistently dedicates over 80% of expenses to programs but has operated at a deficit in the last two reported years.
EIN: 204765519 · Denver, CO · NTEE: P99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.4M |
| Program Spending | 85% |
| Net Assets | $463K |
| Transparency Score | 90/100 |
Is So All May Eat Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
So All May Eat Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About So All May Eat Inc
So All May Eat Inc (EIN: 204765519) is a nonprofit organization based in Denver, CO, classified under NTEE code P99. The organization reported total revenue of $1.5M and total assets of $819K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of So All May Eat Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
So All May Eat Inc is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-200,818 |
| Total Assets | $725K |
| Total Liabilities | $262K |
| Net Assets | $463K |
| Operating Margin | -17.4% |
| Debt-to-Asset Ratio | 36.1% |
| Months of Reserves | 6.4 months |
Financial Health Grade: B
In 2023, So All May Eat Inc reported a deficit of $201K with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 36.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), So All May Eat Inc's revenue has grown at a compound annual growth rate (CAGR) of 16.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +23.7% | +33.6% | -24.9% |
| 2022 | +3.9% | +57.8% | +22.8% |
| 2021 | +36.0% | +12.1% | +35.8% |
| 2020 | +16.7% | +20.2% | +38.8% |
| 2019 | +34.1% | +65.8% | +29.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 So All May Eat Inc with a Mission Score of 90 out of 100 (Excellent). 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: 85%
- fundraising: 5%
According to IRS 990 filings, So All May Eat Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $201K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not receiving salaries, which is highly favorable for donor perception and suggests a volunteer-driven leadership model.
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 So All May Eat Inc's IRS 990 filings:
- Expenses exceeded revenue in the last two reported periods (2022 and 2023), indicating operational deficits.
Strengths
The following positive indicators were identified for So All May Eat Inc:
- Consistently high program spending ratio (85% in 2023).
- 0% officer compensation reported across all filings, indicating volunteer leadership.
- Significant growth in revenue and assets over the past decade.
- Strong asset base relative to liabilities ($724,560 assets vs. $261,524 liabilities in 2023).
Frequently Asked Questions about So All May Eat Inc
Is So All May Eat Inc a legitimate charity?
So All May Eat Inc (EIN: 204765519) is a registered tax-exempt nonprofit based in Colorado. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does So All May Eat Inc spend its money?
So All May Eat Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to So All May Eat Inc tax-deductible?
So All May Eat Inc is registered as a tax-exempt nonprofit (EIN: 204765519). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of So All May Eat Inc's spending goes to programs?
So All May Eat Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does So All May Eat Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), So All May Eat Inc is above average for NTEE category P99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is So All May Eat Inc located?
So All May Eat Inc is headquartered in Denver, Colorado and files with the IRS under EIN 204765519. It is classified under NTEE code P99.
How many years of IRS 990 filings does So All May Eat Inc have?
So All May Eat Inc has 13 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 $1.5M in total revenue.
Is So All May Eat Inc. a good charity?
Based on its high program spending ratio (85% in 2023) and consistent 0% officer compensation, So All May Eat Inc. appears to be a very good charity in terms of efficiency and dedication to its mission.
How has the organization's financial health changed over time?
The organization has experienced significant growth in revenue and assets over the past decade, from $179,119 in revenue in 2014 to $1,155,364 in 2023. However, it has reported expenses exceeding revenue in 2022 and 2023, indicating recent operational deficits.
What is the organization's approach to executive compensation?
So All May Eat Inc. reports 0% officer compensation in all available filings, suggesting that its executive leadership is entirely volunteer-based, which is a strong indicator of commitment and efficient use of funds.
Are there any concerns about the organization's financial stability?
While the organization has strong assets ($724,560 in 2023), the recent trend of expenses exceeding revenue in 2022 and 2023 could be a concern if it continues, potentially impacting long-term financial stability without increased fundraising or cost management.
Filing History
IRS 990 filing history for So All May Eat Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), So All May Eat Inc's revenue has grown by 507.5%, moving from $190K to $1.2M. Total assets increased by 382.3% over the same period, from $150K to $725K. Total functional expenses rose by 674.4%, from $175K to $1.4M. In its most recent filing year (2023), So All May Eat Inc reported a deficit of $201K, with expenses exceeding revenue. The organization holds $262K in liabilities against $725K in assets (debt-to-asset ratio: 36.1%), resulting in net assets of $463K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.4M | $725K | $262K | — | View 990 |
| 2022 | $934K | $1.0M | $965K | $301K | — | — |
| 2021 | $900K | $643K | $786K | $41K | — | View 990 |
| 2020 | $662K | $574K | $579K | $90K | — | View 990 |
| 2019 | $567K | $478K | $417K | $16K | — | View 990 |
| 2018 | $423K | $288K | $323K | $11K | — | View 990 |
| 2017 | $250K | $221K | $180K | $3K | — | View 990 |
| 2016 | $213K | $199K | $155K | $7K | — | View 990 |
| 2015 | $206K | $213K | $138K | $5K | — | View 990 |
| 2014 | $179K | $220K | $152K | $12K | — | View 990 |
| 2013 | $225K | $216K | $186K | $5K | — | View 990 |
| 2012 | $211K | $186K | $175K | $3K | — | View 990 |
| 2011 | $190K | $175K | $150K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.4M, and assets of $725K (revenue +23.7% year-over-year).
- 2022: Revenue of $934K, expenses of $1.0M, and assets of $965K (revenue +3.9% year-over-year).
- 2021: Revenue of $900K, expenses of $643K, and assets of $786K (revenue +36.0% year-over-year).
- 2020: Revenue of $662K, expenses of $574K, and assets of $579K (revenue +16.7% year-over-year).
- 2019: Revenue of $567K, expenses of $478K, and assets of $417K (revenue +34.1% year-over-year).
- 2018: Revenue of $423K, expenses of $288K, and assets of $323K (revenue +69.0% year-over-year).
- 2017: Revenue of $250K, expenses of $221K, and assets of $180K (revenue +17.2% year-over-year).
- 2016: Revenue of $213K, expenses of $199K, and assets of $155K (revenue +3.5% year-over-year).
- 2015: Revenue of $206K, expenses of $213K, and assets of $138K (revenue +15.1% year-over-year).
- 2014: Revenue of $179K, expenses of $220K, and assets of $152K (revenue -20.5% year-over-year).
- 2013: Revenue of $225K, expenses of $216K, and assets of $186K (revenue +6.7% year-over-year).
- 2012: Revenue of $211K, expenses of $186K, and assets of $175K (revenue +11.0% year-over-year).
- 2011: Revenue of $190K, expenses of $175K, and assets of $150K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for So All May Eat Inc:
Data Sources and Methodology
This transparency report for So All May Eat 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.