KFood, Agriculture & NutritionEIN: 814190128· Ruling Year: 2016

Food Connection Inc

Asheville, North Carolina

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

💰
$1.4M
Total Revenue
📊
$1.4M
Total Expenses
🏦
$346K
Net Assets
📋
$10K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+15.9%
Year-over-year change (2022 → 2023)
Net Margin
+1.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.24
Net assets divided by total expenses
Liabilities-to-Assets
2.9%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$1,434,41716%$1,413,04819%$356,20812%
2022$1,237,68341%$1,190,92648%$317,81815%
2021$876,5267%$804,0444%$276,96222%
2020$944,1479%$840,56118%$227,784135%
2019$1,032,76982%$1,021,86490%$96,83043%
2018$567,469$536,649$67,605

Frequently Asked Questions

What does Food Connection Inc do?

Food Connection Inc is a food, agriculture & nutrition nonprofit organization based in North Carolina. It is classified under NTEE code K30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Food Connection Inc financially healthy?

Based on our 9-metric Financial Health Score model, Food Connection Inc has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Food Connection Inc generate?

Food Connection Inc reports $2.5M in annual revenue and holds $781K in total assets, based on IRS filings.

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