Velva Community Food Pantry
EIN: 934808566 · Velva, ND · NTEE: K31
| Metric | Value |
|---|---|
| Total Revenue | $37K |
| Net Assets | $0 |
Is Velva Community Food Pantry Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Velva Community Food Pantry
Velva Community Food Pantry (EIN: 934808566) is a nonprofit organization based in Velva, ND, classified under NTEE code K31. The organization reported total revenue of $37K and total assets of $51K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Velva Community Food Pantry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Velva Community Food Pantry is a micro nonprofit that has been operating for 2 years.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $28K |
| Total Expenses | $0 |
| Surplus / Deficit | +$28K |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 100.0% |
Financial Health Grade: B
In 2023, Velva Community Food Pantry reported a surplus of $28K with revenue exceeding expenses, has a debt-to-asset ratio of 100.0% (high leverage).
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Velva Community Food Pantry 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 Velva Community Food Pantry 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:
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Velva Community Food Pantry
Is Velva Community Food Pantry a legitimate charity?
Based on AI analysis of IRS 990 filings, Velva Community Food Pantry (EIN: 934808566) insufficient data. 0 red flags identified, 0 strengths noted.
How does Velva Community Food Pantry spend its money?
Detailed spending breakdown data is not yet available for Velva Community Food Pantry. Check back for updated IRS 990 analysis.
Are donations to Velva Community Food Pantry tax-deductible?
Velva Community Food Pantry is registered as a tax-exempt nonprofit (EIN: 934808566). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Velva Community Food Pantry located?
Velva Community Food Pantry is headquartered in Velva, North Dakota and files with the IRS under EIN 934808566. It is classified under NTEE code K31.
Filing History
IRS 990 filing history for Velva Community Food Pantry showing financial trends over 1 year of public records:
The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $28K | $0 | $1 | $1 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Velva Community Food Pantry:
Data Sources and Methodology
This transparency report for Velva Community Food Pantry 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.