Is Our Neighbors Farm & Pantry Legit?

Our Neighbors Farm & Pantry demonstrates consistent financial health, maintaining a strong asset base relative to its annual revenue. For instance, in 2023, with revenue of $248,099, the organization held assets of $589,378, indicating a solid financial cushion. The organization has consistently reported zero liabilities in recent years (2020-2023), which is a significant strength, suggesting excellent financial management and a lack of debt burden. While expenses have occasionally exceeded revenue, such as in 2023 ($291,605 expenses vs. $248,099 revenue) and 2022 ($313,438 expenses vs. $279,500 revenue), these deficits appear to be covered by existing assets, preventing any immediate financial distress. The absence of officer compensation further enhances its transparency and commitment to directing funds towards its mission. The organization's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence. The consistent growth in assets over the long term, from $294,605 in 2014 to $589,378 in 2023, suggests prudent financial stewardship and an ability to build reserves. The organization's transparency is high, with a long history of IRS 990 filings and clear financial reporting, including the absence of liabilities in recent years. Overall, Our Neighbors Farm & Pantry appears to be a financially stable and efficiently managed nonprofit. Its consistent asset growth, lack of debt, and zero officer compensation are strong indicators of a well-run organization focused on its mission. While some years show expenses exceeding revenue, the robust asset base provides stability. The organization's commitment to transparency through regular filings and clear financial statements is commendable.