Wheat Foods Council
EIN: 363495285 · Littleton, CO
| Metric | Value |
|---|---|
| Total Revenue | $689K |
| Total Expenses | $771K |
| Net Assets | $905K |
Is Wheat Foods Council Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Wheat Foods Council
Wheat Foods Council (EIN: 363495285) is a nonprofit organization based in Littleton, CO. The organization reported total revenue of $689K and total assets of $860K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Wheat Foods Council's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Wheat Foods Council is a small nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $706K |
| Total Expenses | $771K |
| Surplus / Deficit | $-64,588 |
| Total Assets | $924K |
| Total Liabilities | $20K |
| Net Assets | $905K |
| Operating Margin | -9.1% |
| Debt-to-Asset Ratio | 2.1% |
| Months of Reserves | 14.4 months |
Financial Health Grade: B
In 2023, Wheat Foods Council reported a deficit of $65K with expenses exceeding revenue, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.1% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Wheat Foods Council's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.0% | -9.3% | -9.2% |
| 2022 | -2.4% | +14.6% | -10.4% |
| 2021 | -4.1% | +9.2% | +1.9% |
| 2020 | +3.3% | -10.4% | +8.2% |
| 2019 | -5.4% | +2.0% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Wheat Foods Council 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 Wheat Foods Council 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 $65K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.1%.
Frequently Asked Questions about Wheat Foods Council
Is Wheat Foods Council a legitimate charity?
Wheat Foods Council (EIN: 363495285) is a registered tax-exempt nonprofit based in Colorado. It has 12 years of IRS 990 filings on record. Total revenue: $689K. No red flags identified. Financial health grade: B.
How does Wheat Foods Council spend its money?
Wheat Foods Council reported $689K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Wheat Foods Council tax-deductible?
Wheat Foods Council is registered as a tax-exempt nonprofit (EIN: 363495285). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Wheat Foods Council located?
Wheat Foods Council is headquartered in Littleton, Colorado and files with the IRS under EIN 363495285.
How many years of IRS 990 filings does Wheat Foods Council have?
Wheat Foods Council has 12 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 $689K in total revenue.
Filing History
IRS 990 filing history for Wheat Foods Council showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Wheat Foods Council's revenue has declined by 8.5%, moving from $772K to $706K. Total assets increased by 41.3% over the same period, from $654K to $924K. Total functional expenses rose by 24.5%, from $619K to $771K. In its most recent filing year (2023), Wheat Foods Council reported a deficit of $65K, with expenses exceeding revenue. The organization holds $20K in liabilities against $924K in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $905K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $706K | $771K | $924K | $20K | — | View 990 |
| 2022 | $728K | $850K | $1.0M | $48K | — | View 990 |
| 2021 | $746K | $741K | $1.1M | $44K | — | View 990 |
| 2020 | $778K | $679K | $1.1M | $27K | — | View 990 |
| 2019 | $753K | $757K | $1.0M | $42K | — | View 990 |
| 2018 | $796K | $742K | $1.0M | $35K | — | — |
| 2017 | $745K | $718K | $986K | $49K | — | View 990 |
| 2016 | $870K | $819K | $955K | $45K | — | View 990 |
| 2015 | $778K | $719K | $878K | $19K | — | View 990 |
| 2014 | $807K | $709K | $835K | $35K | — | View 990 |
| 2013 | $734K | $641K | $724K | $23K | — | View 990 |
| 2012 | $772K | $619K | $654K | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $706K, expenses of $771K, and assets of $924K (revenue -3.0% year-over-year).
- 2022: Revenue of $728K, expenses of $850K, and assets of $1.0M (revenue -2.4% year-over-year).
- 2021: Revenue of $746K, expenses of $741K, and assets of $1.1M (revenue -4.1% year-over-year).
- 2020: Revenue of $778K, expenses of $679K, and assets of $1.1M (revenue +3.3% year-over-year).
- 2019: Revenue of $753K, expenses of $757K, and assets of $1.0M (revenue -5.4% year-over-year).
- 2018: Revenue of $796K, expenses of $742K, and assets of $1.0M (revenue +6.8% year-over-year).
- 2017: Revenue of $745K, expenses of $718K, and assets of $986K (revenue -14.3% year-over-year).
- 2016: Revenue of $870K, expenses of $819K, and assets of $955K (revenue +11.9% year-over-year).
- 2015: Revenue of $778K, expenses of $719K, and assets of $878K (revenue -3.6% year-over-year).
- 2014: Revenue of $807K, expenses of $709K, and assets of $835K (revenue +9.8% year-over-year).
- 2013: Revenue of $734K, expenses of $641K, and assets of $724K (revenue -4.8% year-over-year).
- 2012: Revenue of $772K, expenses of $619K, and assets of $654K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Wheat Foods Council:
Data Sources and Methodology
This transparency report for Wheat Foods Council 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.