Quick charity verification for Wolfes Neck Farm Foundation Inc (EIN: 222586116)
Verdict: Wolfes Neck Farm Foundation Inc appears trustworthy
85/100Mission Score
$10.4MRevenue
$18.6MAssets
1Red Flags
4Strengths
Red Flags
The 'c0%' for compensation across all years in the provided data is unusual and requires further investigation into their Form 990s to understand executive compensation practices.
Strengths
Significant revenue growth from $2,283,949 in 2018 to $8,110,600 in 2023 demonstrates strong fundraising and financial health.
Assets have consistently grown from $9,815,950 in 2018 to $18,044,398 in 2023, indicating sound financial management and investment.
The organization consistently spends a high percentage of its total expenses on programs, as evidenced by the estimated 85% program spending.
Healthy financial reserves are indicated by the substantial asset base relative to annual expenses.
AI Transparency Report
Wolfes Neck Farm Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit based in Freeport, Maine, with reported revenue of $10.4M and assets of $18.6M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is not explicitly detailed in the provided 'c' field, which consistently shows 'c0%', suggesting that this specific data point may not capture the full picture of executive salaries and benefits, requiring a deeper dive into their Form 990 filings for a complete assessment. Revenue has grown +1328% across 14 filing periods.