Quick charity verification for Needham Community Farm Inc (EIN: 113822708)
Verdict: Needham Community Farm Inc appears trustworthy
92/100Mission Score
$314KRevenue
$381KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $60,481 in 2016 to $313,824 in 2023.
Strong asset growth, from $82,686 in 2016 to $380,863 in 2023.
Zero officer compensation reported across all filings, indicating high efficiency and dedication to mission.
Expenses consistently lower than revenue, demonstrating sound financial management (e.g., 2023 expenses of $165,636 vs. revenue of $313,824).
Low liabilities relative to assets, indicating financial stability (e.g., $819 liabilities vs. $380,863 assets in 2023).
Spending Breakdown
How Needham Community Farm 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 Needham Community Farm Inc
Is Needham Community Farm Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Needham Community Farm Inc (EIN: 113822708) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Needham Community Farm Inc a good charity to donate to?
Needham Community Farm Inc has a Mission Score of 92/100. Revenue: $314K. Assets: $381K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Needham Community Farm Inc?
The Employer Identification Number (EIN) for Needham Community Farm Inc is 113822708. 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 Needham Community Farm Inc spend its money?
Needham Community Farm Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Needham Community Farm Inc's tax-exempt status?
You can verify Needham Community Farm Inc's tax-exempt status using EIN 113822708 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
Needham Community Farm Inc demonstrates strong financial health and growth, with revenue increasing from $60,481 in 2016 to $313,824 in 2023. The organization consistently spends less than it earns, as evidenced by 2023 expenses of $165,636 against $313,824 in revenue, allowing for significant asset growth from $82,686 in 2016 to $380,863 in 2023. This indicates effective financial management and a healthy reserve. The organization's commitment to its mission is further highlighted by its zero officer compensation across all reported periods, suggesting that resources are primarily directed towards programmatic activities rather than administrative overhead. The consistent growth in assets and revenue, coupled with low liabilities, points to a well-managed and sustainable operation.