Is Newton Community Farm Inc Legit?

Quick charity verification for Newton Community Farm Inc (EIN: 202482452)

Verdict: Newton Community Farm Inc appears trustworthy

92/100Mission Score
$363KRevenue
$719KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Newton Community Farm Inc. demonstrates consistent financial health and a strong commitment to its mission, as evidenced by its IRS 990 filings. Over the past decade, the organization has shown steady growth in both revenue and assets, with revenue increasing from $220,942 in 2014 to $387,871 in 2023, and assets growing from $508,025 to $740,394 over the same period. This growth, coupled with a healthy asset-to-liability ratio (e.g., $740,394 in assets vs. $7,730 in liabilities in 2023), indicates sound financial management and stability. The organization's spending efficiency appears robust, particularly given that officer compensation has consistently been reported as 0% across all available filings. This suggests that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can contribute to a higher proportion of funds being directed towards programmatic activities. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation is a positive indicator for donor confidence. Newton Community Farm Inc. also exhibits good transparency through its consistent filing of IRS Form 990s over 13 periods. The consistent growth in assets and revenue, alongside minimal liabilities, paints a picture of a well-managed and financially stable nonprofit. The lack of reported officer compensation further enhances its appeal as an organization that prioritizes its mission over executive remuneration.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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