Is Planting Fields Foundation Legit?

Quick charity verification for Planting Fields Foundation (EIN: 111770097)

Verdict: Planting Fields Foundation shows mixed signals

65/100Mission Score
$3.0MRevenue
$30.4MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Planting Fields Foundation exhibits a mixed financial picture. While the organization maintains substantial assets, consistently over $25 million, its recent financial performance shows a trend of expenses exceeding revenue. For instance, in 2023, expenses were $3,597,347 against revenue of $1,807,047, and in 2022, expenses were $2,928,179 against revenue of $1,258,081. This indicates a reliance on drawing from reserves or prior year surpluses, which is not sustainable long-term without a significant increase in fundraising or reduction in spending. The foundation's transparency appears strong regarding executive compensation, reporting 0% for officer compensation across all available filings. This suggests that the highest-ranking individuals are either volunteers or compensated through other means not classified as officer compensation, which is a positive indicator for donor trust. However, the consistent operating deficits warrant closer examination of their spending efficiency and fundraising strategies to ensure long-term viability and impact.

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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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