Taste Of Omaha Inc
EIN: 274529188 · Omaha, NE · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $321K |
| Total Expenses | $275K |
| Net Assets | $-48,674 |
Is Taste Of Omaha Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Taste Of Omaha Inc
Taste Of Omaha Inc (EIN: 274529188) is a nonprofit organization based in Omaha, NE, classified under NTEE code B99. The organization reported total revenue of $321K and total assets of $74K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Taste Of Omaha Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Taste Of Omaha Inc is a small nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $195K |
| Total Expenses | $275K |
| Surplus / Deficit | $-80,618 |
| Total Assets | $3K |
| Total Liabilities | $52K |
| Net Assets | $-48,674 |
| Operating Margin | -41.4% |
| Debt-to-Asset Ratio | 1788.3% |
| Months of Reserves | 0.1 months |
Financial Health Grade: D
In 2023, Taste Of Omaha Inc reported a deficit of $81K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 1788.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Taste Of Omaha Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.6% | -6.7% | -91.0% |
| 2022 | +3.0% | +7.4% | -53.5% |
| 2021 | +445.6% | +177.9% | -25.9% |
| 2020 | -86.1% | -70.2% | -36.3% |
| 2019 | +6.0% | +9.5% | -4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Taste Of Omaha 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 Taste Of Omaha 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 deficit of $81K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1788.3%.
Frequently Asked Questions about Taste Of Omaha Inc
Is Taste Of Omaha Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Taste Of Omaha Inc (EIN: 274529188) insufficient data. 0 red flags identified, 0 strengths noted.
How does Taste Of Omaha Inc spend its money?
Detailed spending breakdown data is not yet available for Taste Of Omaha Inc. Check back for updated IRS 990 analysis.
Are donations to Taste Of Omaha Inc tax-deductible?
Taste Of Omaha Inc is registered as a tax-exempt nonprofit (EIN: 274529188). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Taste Of Omaha Inc located?
Taste Of Omaha Inc is headquartered in Omaha, Nebraska and files with the IRS under EIN 274529188. It is classified under NTEE code B99.
How many years of IRS 990 filings does Taste Of Omaha Inc have?
Taste Of Omaha 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 $321K in total revenue.
Filing History
IRS 990 filing history for Taste Of Omaha Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Taste Of Omaha Inc's revenue has declined by 17.5%, moving from $236K to $195K. Total assets decreased by 95.6% over the same period, from $65K to $3K. Total functional expenses rose by 15.5%, from $239K to $275K. In its most recent filing year (2023), Taste Of Omaha Inc reported a deficit of $81K, with expenses exceeding revenue. The organization holds $52K in liabilities against $3K in assets (debt-to-asset ratio: 1788.3%), resulting in net assets of $-48,674.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $195K | $275K | $3K | $52K | — | — |
| 2022 | $259K | $295K | $32K | $0 | — | View 990 |
| 2021 | $251K | $275K | $69K | $0 | — | View 990 |
| 2020 | $46K | $99K | $93K | $0 | — | View 990 |
| 2019 | $331K | $332K | $146K | $0 | — | View 990 |
| 2018 | $312K | $303K | $152K | $5K | — | View 990 |
| 2017 | $345K | $302K | $190K | $52K | — | View 990 |
| 2016 | $322K | $300K | $159K | $64K | — | View 990 |
| 2015 | $382K | $311K | $134K | $62K | — | View 990 |
| 2014 | $293K | $269K | $175K | $173K | — | View 990 |
| 2013 | $245K | $258K | $120K | $141K | — | View 990 |
| 2012 | $257K | $263K | $89K | $98K | — | View 990 |
| 2011 | $236K | $239K | $65K | $68K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $195K, expenses of $275K, and assets of $3K (revenue -24.6% year-over-year).
- 2022: Revenue of $259K, expenses of $295K, and assets of $32K (revenue +3.0% year-over-year).
- 2021: Revenue of $251K, expenses of $275K, and assets of $69K (revenue +445.6% year-over-year).
- 2020: Revenue of $46K, expenses of $99K, and assets of $93K (revenue -86.1% year-over-year).
- 2019: Revenue of $331K, expenses of $332K, and assets of $146K (revenue +6.0% year-over-year).
- 2018: Revenue of $312K, expenses of $303K, and assets of $152K (revenue -9.5% year-over-year).
- 2017: Revenue of $345K, expenses of $302K, and assets of $190K (revenue +7.0% year-over-year).
- 2016: Revenue of $322K, expenses of $300K, and assets of $159K (revenue -15.6% year-over-year).
- 2015: Revenue of $382K, expenses of $311K, and assets of $134K (revenue +30.3% year-over-year).
- 2014: Revenue of $293K, expenses of $269K, and assets of $175K (revenue +19.4% year-over-year).
- 2013: Revenue of $245K, expenses of $258K, and assets of $120K (revenue -4.5% year-over-year).
- 2012: Revenue of $257K, expenses of $263K, and assets of $89K (revenue +8.8% year-over-year).
- 2011: Revenue of $236K, expenses of $239K, and assets of $65K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Taste Of Omaha Inc:
Data Sources and Methodology
This transparency report for Taste Of Omaha 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.