Quick charity verification for Blue Grass Farms Charities Inc (EIN: 200374962)
Verdict: Blue Grass Farms Charities Inc appears trustworthy
92/100Mission Score
$503KRevenue
$521KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $91,092 in 2014 to $370,246 in 2023.
Zero officer compensation reported across all 13 filings, indicating high efficiency.
Positive net income in most recent years, demonstrating financial stability (e.g., $53,715 surplus in 2023).
No reported liabilities in recent years, suggesting strong financial management.
Long history of consistent IRS 990 filings (13 filings), indicating transparency.
Spending Breakdown
How Blue Grass Farms Charities Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Blue Grass Farms Charities Inc
Is Blue Grass Farms Charities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Blue Grass Farms Charities Inc (EIN: 200374962) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Blue Grass Farms Charities Inc a good charity to donate to?
Blue Grass Farms Charities Inc has a Mission Score of 92/100. Revenue: $503K. Assets: $521K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Blue Grass Farms Charities Inc?
The Employer Identification Number (EIN) for Blue Grass Farms Charities Inc is 200374962. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Blue Grass Farms Charities Inc spend its money?
Blue Grass Farms Charities Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Blue Grass Farms Charities Inc's tax-exempt status?
You can verify Blue Grass Farms Charities Inc's tax-exempt status using EIN 200374962 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Blue Grass Farms Charities Inc demonstrates consistent financial health with a positive net income in most recent years, indicating effective management of resources. For example, in 2023, revenue was $333,612 against expenses of $279,897, resulting in a surplus. The organization's assets have also shown a steady growth trend, increasing from $91,092 in 2014 to $370,246 in 2023, suggesting prudent financial stewardship and accumulation of reserves.
Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings, which is a significant positive indicator of resource allocation towards its mission rather than executive overhead. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial stability and growth in assets, coupled with no reported liabilities in recent years, points to responsible financial practices.
Transparency is high, as evidenced by 13 years of consistent IRS 990 filings and the clear reporting of key financial metrics. The absence of liabilities in recent filings further enhances confidence in their financial management. The organization's commitment to its mission is underscored by its ability to operate without executive compensation, allowing more funds to directly support its charitable activities.