K โ€” Food, Agriculture & NutritionEIN: 510252948ยท Ruling Year: 1999

Toledo Seagate Food Bank Inc

Toledo, Ohio

B+Health Score
69B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$10.2M
Total Revenue
๐Ÿ“Š
$10.2M
Total Expenses
๐Ÿฆ
$6.4M
Net Assets
๐Ÿ“‹
$111K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.8%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+0.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.63
Net assets divided by total expenses
Liabilities-to-Assets
1.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$10,180,281โ†“4%$10,161,985โ†‘2%$6,505,958โ†“16%
2022$10,587,815โ†“4%$9,993,693โ†“3%$7,735,704โ†‘12%
2021$11,025,425โ†“15%$10,348,462โ†“11%$6,901,343โ†‘16%
2020$12,897,056โ†‘57%$11,662,991โ†‘57%$5,960,547โ†‘27%
2019$8,206,943โ†‘30%$7,420,482โ†‘19%$4,685,812โ†‘25%
2018$6,314,813โ†‘1%$6,249,470โ†“4%$3,758,085โ†‘3%
2017$6,272,886โ†“12%$6,481,656โ†“10%$3,633,787โ†“7%
2016$7,109,214โ†‘26%$7,191,387โ†‘28%$3,893,379โ†“2%
2015$5,651,944โ†“12%$5,620,987โ†“12%$3,959,544โ†‘3%
2014$6,431,367โ†“8%$6,358,961โ†“8%$3,858,147โ†‘2%
2013$7,021,514โ†‘19%$6,918,546โ†‘20%$3,795,150โ†‘12%
2012$5,886,796โ†“8%$5,757,969โ†“5%$3,402,879โ†‘6%
2011$6,375,485$6,046,821$3,204,881

Frequently Asked Questions

What does Toledo Seagate Food Bank Inc do?โ–ผ

Toledo Seagate Food Bank Inc is a food, agriculture & nutrition nonprofit organization based in Ohio. It is classified under NTEE code K31 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Toledo Seagate Food Bank Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Toledo Seagate Food Bank Inc has a score of 69/100 (Grade: B+). 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 Toledo Seagate Food Bank Inc generate?โ–ผ

Toledo Seagate Food Bank Inc reports $10.7M in annual revenue and holds $7.8M in total assets, based on IRS filings.

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Toledo Seagate Food Bank Inc โ€” Toledo, OH | GiveScope