TRUE EATS LOCAL FOOD EDUCATION INC (EIN 844723047) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

STEVEN BATES

Phone

5163179453

Tax Period

2021-01-01 to 2021-12-31

TRUE EATS LOCAL FOOD EDUCATION INC, founded in 2020, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $211K in total revenue in fiscal year 2021. The organization ran a surplus of $125K, a strong 59% operating margin.

Mission

TO EDUCATE THE PUBLIC ABOUT THE TASTE, HEALTH AND ENVIRONMENTAL BENEFITS OF LOCALLY-GROWN, SMALL-FARM PRODUCTS FROM NEW YORK STATE, FOCUSING ON THE UNIQUE FACTORS THAT MAKE THEM SPECIAL, INCLUDING SOIL (COMPOSITION, MINERALS AND QUALITY), TERRAIN (ELEVATION, GEOGRAPHICAL FEATURES, WATER ACCESS/QUALITY), CLIMATE (AVERAGE TEMPERATURES, SEASON LENTH), SEED/SPECIES (OPTIMAL SELECTIONS FOR NY CONDITIONS), HERITAGE AND TECHNIQUE (NY SPECIFIC METHODS, HISTORICAL DEVELOPMENT, COMMUNITY IMPACTS), AND ANY DISTINCT FLAVOR PROFILES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $211,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $211,000

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $20,123

Program Expenses $45,256

Other Expenses $80,507

TOTAL EXPENSES $85,507

Year-over-Year Comparison

	2021	2020	Change
Revenue	$211,000	N/A	N/A
Expenses	$85,507	N/A	N/A
Net Income	$125,493	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN BATES	President	0.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2021	$211,000	$85,507	$150,977	$125,493

TRUE EATS LOCAL FOOD EDUCATION INC