Tonasket Food Bank
EIN: 521350098 · Tonasket, WA
| Metric | Value |
|---|---|
| Total Revenue | $178K |
| Total Expenses | $101K |
| Net Assets | $223K |
Is Tonasket 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 Tonasket Food Bank
Tonasket Food Bank (EIN: 521350098) is a nonprofit organization based in Tonasket, WA. The organization reported total revenue of $178K and total assets of $233K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tonasket Food Bank's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tonasket Food Bank is a small nonprofit that has been operating for 42 years, with 2 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $99K |
| Total Expenses | $101K |
| Surplus / Deficit | $-1,569 |
| Total Assets | $223K |
| Net Assets | $223K |
| Operating Margin | -1.6% |
| Months of Reserves | 26.6 months |
Financial Health Grade: B
In 2023, Tonasket Food Bank reported a deficit of $2K with expenses exceeding revenue, holds 26.6 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2011–2023), Tonasket Food Bank's revenue has grown at a compound annual growth rate (CAGR) of 17.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +561.5% | — | +2049.1% |
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 Tonasket 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 Tonasket 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 deficit of $2K, with expenses exceeding revenue.
Frequently Asked Questions about Tonasket Food Bank
Is Tonasket Food Bank a legitimate charity?
Tonasket Food Bank (EIN: 521350098) is a registered tax-exempt nonprofit based in Washington. It has 2 years of IRS 990 filings on record. Total revenue: $178K. No red flags identified. Financial health grade: B.
How does Tonasket Food Bank spend its money?
Tonasket Food Bank reported $178K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tonasket Food Bank tax-deductible?
Tonasket Food Bank is registered as a tax-exempt nonprofit (EIN: 521350098). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tonasket Food Bank located?
Tonasket Food Bank is headquartered in Tonasket, Washington and files with the IRS under EIN 521350098.
How many years of IRS 990 filings does Tonasket Food Bank have?
Tonasket Food Bank has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $178K in total revenue.
Filing History
IRS 990 filing history for Tonasket Food Bank showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2011–2023), Tonasket Food Bank's revenue has grown by 561.5%, moving from $15K to $99K. Total assets increased by 2049.1% over the same period, from $10K to $223K. In its most recent filing year (2023), Tonasket Food Bank reported a deficit of $2K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $99K | $101K | $223K | $0 | — | View 990 |
| 2011 | $15K | $0 | $10K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tonasket Food Bank:
Data Sources and Methodology
This transparency report for Tonasket 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.