Is Pennypack Farm Education Center For Sustainable Food Systems Legit?

Quick charity verification for Pennypack Farm Education Center For Sustainable Food Systems (EIN: 141864050)

Verdict: Pennypack Farm Education Center For Sustainable Food Systems appears trustworthy

92/100Mission Score
$567KRevenue
$787KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

AI Transparency Report

Pennypack Farm Education Center For Sustainable Food Systems demonstrates a generally healthy financial position with consistent revenue growth and strong asset accumulation over the past several years. For instance, assets grew from $234,504 in 2016 to $824,822 in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $591,774 exceeded expenses of $540,361, indicating sound financial management. Their commitment to transparency is high, evidenced by 14 filings and the consistent reporting of 0% officer compensation, suggesting a volunteer-led or very lean administrative structure at the executive level. This practice is commendable and aligns well with donor expectations for efficient use of funds. Spending efficiency appears to be a core strength, with a significant portion of expenses likely directed towards program services given the absence of executive compensation. The organization's liabilities are also well-managed relative to its assets, with liabilities of $166,831 against assets of $824,822 in 2023, indicating a strong balance sheet. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health and lack of executive compensation suggest a high degree of efficiency and a strong focus on its mission. The significant jump in revenue and assets between 2021 and 2022 (revenue from $96,967 to $770,102 and assets from $380,862 to $776,154) indicates a period of substantial growth and successful fundraising or operational expansion.

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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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