How Common Threads Farm allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Common Threads Farm
Is Common Threads Farm a legitimate charity?
Based on AI analysis of IRS 990 filings, Common Threads Farm (EIN: 205163417) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Common Threads Farm a good charity to donate to?
Common Threads Farm has a Mission Score of 92/100. Revenue: $1.2M. Assets: $1.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Common Threads Farm?
The Employer Identification Number (EIN) for Common Threads Farm is 205163417. 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 Common Threads Farm spend its money?
Common Threads Farm allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Common Threads Farm's tax-exempt status?
You can verify Common Threads Farm's tax-exempt status using EIN 205163417 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
Common Threads Farm demonstrates strong financial health and growth, with revenue increasing from $158,392 in 2014 to $1,626,080 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $1,626,080 exceeded expenses of $1,299,672, contributing to a healthy asset base of $1,836,408. This sustained growth indicates effective fundraising and program delivery. The organization's liabilities are consistently low relative to its assets, suggesting good financial management and minimal reliance on debt.
Spending efficiency appears robust, with a significant portion of expenses directed towards programs. The absence of reported officer compensation across all filings is a notable indicator of efficient resource allocation, potentially allowing more funds to be directed to its mission. This practice also enhances transparency and trust, as it suggests a volunteer-driven or very modestly compensated leadership structure, which is commendable for a nonprofit of this size.
Overall, Common Threads Farm exhibits a positive financial trajectory, strong asset management, and a commitment to directing resources to its mission. The consistent growth in revenue and assets, coupled with low liabilities and no reported officer compensation, paints a picture of a well-managed and financially sound organization.