Quick charity verification for Griggs Farm Inc (EIN: 208198080)
Verdict: Griggs Farm Inc appears trustworthy
85/100Mission Score
$744KRevenue
$1.0MAssets
2Red Flags
3Strengths
Red Flags
Consistent negative net income (expenses exceeding revenue) in recent years, e.g., $657,353 expenses vs. $637,880 revenue in 2023.
Declining asset base over the past decade, from $1,739,649 in 2014 to $1,005,671 in 2023.
Strengths
Zero officer compensation reported across all filings, indicating strong resource allocation to mission.
Consistent filing of IRS Form 990s over 13 periods, demonstrating transparency and compliance.
Maintained significant asset base over $1 million, providing some financial cushion despite recent deficits.
Spending Breakdown
How Griggs Farm Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Griggs Farm Inc
Is Griggs Farm Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Griggs Farm Inc (EIN: 208198080) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Griggs Farm Inc a good charity to donate to?
Griggs Farm Inc has a Mission Score of 85/100. Revenue: $744K. Assets: $1.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Griggs Farm Inc?
The Employer Identification Number (EIN) for Griggs Farm Inc is 208198080. 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 Griggs Farm Inc spend its money?
Griggs Farm Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Griggs Farm Inc's tax-exempt status?
You can verify Griggs Farm Inc's tax-exempt status using EIN 208198080 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
Griggs Farm Inc. demonstrates a consistent operational pattern, with revenues generally in the range of $500,000 to $700,000 and assets consistently over $1 million. The organization has shown a trend of expenses exceeding revenue in recent years, for example, in 2023, expenses were $657,353 against revenues of $637,880, and in 2022, expenses were $688,839 against revenues of $640,280. This indicates a reliance on prior reserves or other funding sources to cover operational costs, leading to a gradual decrease in assets from a high of $1,739,649 in 2014 to $1,005,671 in 2023. The consistent reporting of 0% officer compensation across all filings suggests a strong commitment to directing funds towards its mission, enhancing its transparency and public trust.