Staples Area Food Shelf Inc
EIN: 411457258 · Staples, MN · NTEE: X99Z
| Metric | Value |
|---|---|
| Total Revenue | $166K |
| Total Expenses | $115K |
| Net Assets | $240K |
Is Staples Area Food Shelf Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Staples Area Food Shelf Inc
Staples Area Food Shelf Inc (EIN: 411457258) is a nonprofit organization based in Staples, MN, classified under NTEE code X99Z. The organization reported total revenue of $166K and total assets of $297K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Staples Area Food Shelf Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Staples Area Food Shelf Inc is a small nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $138K |
| Total Expenses | $115K |
| Surplus / Deficit | +$23K |
| Total Assets | $240K |
| Net Assets | $240K |
| Operating Margin | 16.3% |
| Months of Reserves | 25.0 months |
Financial Health Grade: A
In 2023, Staples Area Food Shelf Inc reported a surplus of $23K with revenue exceeding expenses, holds 25.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Staples Area Food Shelf Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.4% | +47.9% | +10.3% |
| 2022 | +4.6% | +2.7% | +25.0% |
| 2021 | -36.9% | -34.5% | +30.1% |
| 2020 | +170.7% | +84.4% | +103.5% |
| 2019 | +15.0% | +4.2% | +8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Staples Area Food Shelf 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 Staples Area Food Shelf 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 surplus of $23K, with revenue exceeding expenses.
Frequently Asked Questions about Staples Area Food Shelf Inc
Is Staples Area Food Shelf Inc a legitimate charity?
Staples Area Food Shelf Inc (EIN: 411457258) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $166K. No red flags identified. Financial health grade: A.
How does Staples Area Food Shelf Inc spend its money?
Staples Area Food Shelf Inc reported $166K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Staples Area Food Shelf Inc tax-deductible?
Staples Area Food Shelf Inc is registered as a tax-exempt nonprofit (EIN: 411457258). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Staples Area Food Shelf Inc located?
Staples Area Food Shelf Inc is headquartered in Staples, Minnesota and files with the IRS under EIN 411457258. It is classified under NTEE code X99Z.
How many years of IRS 990 filings does Staples Area Food Shelf Inc have?
Staples Area Food Shelf 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 $166K in total revenue.
Filing History
IRS 990 filing history for Staples Area Food Shelf Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Staples Area Food Shelf Inc's revenue has grown by 175.4%, moving from $50K to $138K. Total assets increased by 245.7% over the same period, from $70K to $240K. Total functional expenses rose by 122%, from $52K to $115K. In its most recent filing year (2023), Staples Area Food Shelf Inc reported a surplus of $23K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $138K | $115K | $240K | $0 | — | — |
| 2022 | $122K | $78K | $218K | $0 | — | View 990 |
| 2021 | $116K | $76K | $174K | $0 | — | View 990 |
| 2020 | $184K | $116K | $134K | $0 | — | — |
| 2019 | $68K | $63K | $66K | $0 | — | View 990 |
| 2018 | $59K | $60K | $61K | $0 | — | View 990 |
| 2017 | $38K | $41K | $60K | $0 | — | View 990 |
| 2016 | $40K | $37K | $63K | $0 | — | View 990 |
| 2015 | $46K | $48K | $60K | $0 | — | View 990 |
| 2014 | $49K | $52K | $61K | $0 | — | View 990 |
| 2013 | $41K | $50K | $65K | $0 | — | View 990 |
| 2012 | $56K | $52K | $73K | $0 | — | View 990 |
| 2011 | $50K | $52K | $70K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $138K, expenses of $115K, and assets of $240K (revenue +13.4% year-over-year).
- 2022: Revenue of $122K, expenses of $78K, and assets of $218K (revenue +4.6% year-over-year).
- 2021: Revenue of $116K, expenses of $76K, and assets of $174K (revenue -36.9% year-over-year).
- 2020: Revenue of $184K, expenses of $116K, and assets of $134K (revenue +170.7% year-over-year).
- 2019: Revenue of $68K, expenses of $63K, and assets of $66K (revenue +15.0% year-over-year).
- 2018: Revenue of $59K, expenses of $60K, and assets of $61K (revenue +55.6% year-over-year).
- 2017: Revenue of $38K, expenses of $41K, and assets of $60K (revenue -4.9% year-over-year).
- 2016: Revenue of $40K, expenses of $37K, and assets of $63K (revenue -13.1% year-over-year).
- 2015: Revenue of $46K, expenses of $48K, and assets of $60K (revenue -6.8% year-over-year).
- 2014: Revenue of $49K, expenses of $52K, and assets of $61K (revenue +18.9% year-over-year).
- 2013: Revenue of $41K, expenses of $50K, and assets of $65K (revenue -26.4% year-over-year).
- 2012: Revenue of $56K, expenses of $52K, and assets of $73K (revenue +12.4% year-over-year).
- 2011: Revenue of $50K, expenses of $52K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Staples Area Food Shelf Inc:
Data Sources and Methodology
This transparency report for Staples Area Food Shelf 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.