Agritech Institute For Small Farms Inc
Agritech Institute For Small Farms Inc. faces significant financial decline with revenue dropping over 80% since 2017.
EIN: 20638820 · Montpelier, VT · NTEE: A23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $254K |
| Total Expenses | $126K |
| Program Spending | 75% |
| Net Assets | $95K |
| Transparency Score | 55/100 |
Is Agritech Institute For Small Farms Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Agritech Institute For Small Farms Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Agritech Institute For Small Farms Inc
Agritech Institute For Small Farms Inc (EIN: 20638820) is a nonprofit organization based in Montpelier, VT, classified under NTEE code A23. The organization reported total revenue of $254K and total assets of $51K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Agritech Institute For Small Farms Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Agritech Institute For Small Farms Inc is a small nonprofit that has been operating for 24 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $126K |
| Surplus / Deficit | $-7,394 |
| Total Assets | $95K |
| Net Assets | $95K |
| Operating Margin | -6.2% |
| Months of Reserves | 9.0 months |
Financial Health Grade: B
In 2023, Agritech Institute For Small Farms Inc reported a deficit of $7K with expenses exceeding revenue, holds 9.0 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), Agritech Institute For Small Farms Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -51.3% | -62.9% | -81.0% |
| 2021 | -45.8% | -22.0% | -48.1% |
| 2020 | -25.4% | -27.6% | +0.4% |
| 2019 | -1.3% | -4.7% | -0.9% |
| 2018 | -10.6% | +15.3% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Agritech Institute For Small Farms Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Agritech Institute For Small Farms Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that no officers are receiving salaries, which is highly unusual for an organization of this size and could suggest a volunteer-led structure or that compensation is reported under other expense categories.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Agritech Institute For Small Farms Inc's IRS 990 filings:
- Significant and consistent decline in revenue, from $684,134 in 2017 to $118,704 in 2023.
- Substantial decrease in assets, from $994,130 in 2017 to $94,771 in 2023.
- Expenses exceeding revenue in multiple recent periods (e.g., 2023: $126,098 expenses vs $118,704 revenue; 2021: $340,142 expenses vs $243,836 revenue), indicating operational deficits.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary, hindering a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Agritech Institute For Small Farms Inc:
- Consistent reporting of 0% officer compensation, indicating that no salaries are paid to executives.
- History of 12 filings, suggesting a long-standing organization with a record of compliance.
Frequently Asked Questions about Agritech Institute For Small Farms Inc
Is Agritech Institute For Small Farms Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Agritech Institute For Small Farms Inc (EIN: 20638820) some concerns. Mission Score: 55/100. 4 red flags identified, 2 strengths noted.
How does Agritech Institute For Small Farms Inc spend its money?
Agritech Institute For Small Farms Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Agritech Institute For Small Farms Inc tax-deductible?
Agritech Institute For Small Farms Inc is registered as a tax-exempt nonprofit (EIN: 20638820). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Agritech Institute For Small Farms Inc's spending goes to programs?
Agritech Institute For Small Farms Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Agritech Institute For Small Farms Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Agritech Institute For Small Farms Inc is near average for NTEE category A23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Agritech Institute For Small Farms Inc located?
Agritech Institute For Small Farms Inc is headquartered in Montpelier, Vermont and files with the IRS under EIN 20638820. It is classified under NTEE code A23.
How many years of IRS 990 filings does Agritech Institute For Small Farms Inc have?
Agritech Institute For Small Farms Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $254K in total revenue.
What is the detailed breakdown of expenses (program, administrative, fundraising) for Agritech Institute For Small Farms Inc.?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, making it difficult to fully assess spending efficiency. The summary only provides total expenses.
What is the reason for the significant decline in revenue and assets since 2017?
The provided data does not specify the reasons for the decline, but it is a clear trend with revenue falling from $684,134 in 2017 to $118,704 in 2023, and assets from $994,130 to $94,771 in the same period.
How does Agritech Institute For Small Farms Inc. sustain its operations with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests a volunteer-led model or that compensation is categorized differently, which would require further investigation into their detailed financial statements to understand their operational structure.
What are the organization's plans to address its declining financial health?
The provided IRS 990 data does not include strategic plans or explanations for financial trends. This information would typically be found in an organization's annual report or other public statements.
Filing History
IRS 990 filing history for Agritech Institute For Small Farms Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Agritech Institute For Small Farms Inc's revenue has declined by 60.1%, moving from $297K to $119K. Total assets decreased by 55.3% over the same period, from $212K to $95K. Total functional expenses fell by 49.7%, from $251K to $126K. In its most recent filing year (2023), Agritech Institute For Small Farms Inc reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $119K | $126K | $95K | $0 | — | — |
| 2021 | $244K | $340K | $498K | $17K | — | View 990 |
| 2020 | $450K | $436K | $960K | $383K | — | — |
| 2019 | $603K | $602K | $956K | $394K | — | View 990 |
| 2018 | $612K | $631K | $965K | $404K | — | View 990 |
| 2017 | $684K | $547K | $994K | $413K | — | View 990 |
| 2016 | $495K | $398K | $866K | $421K | — | View 990 |
| 2015 | $406K | $422K | $777K | $430K | — | View 990 |
| 2014 | $340K | $288K | $534K | $171K | — | View 990 |
| 2013 | $376K | $314K | $485K | $174K | — | View 990 |
| 2012 | $346K | $310K | $248K | $0 | — | View 990 |
| 2011 | $297K | $251K | $212K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $119K, expenses of $126K, and assets of $95K (revenue -51.3% year-over-year).
- 2021: Revenue of $244K, expenses of $340K, and assets of $498K (revenue -45.8% year-over-year).
- 2020: Revenue of $450K, expenses of $436K, and assets of $960K (revenue -25.4% year-over-year).
- 2019: Revenue of $603K, expenses of $602K, and assets of $956K (revenue -1.3% year-over-year).
- 2018: Revenue of $612K, expenses of $631K, and assets of $965K (revenue -10.6% year-over-year).
- 2017: Revenue of $684K, expenses of $547K, and assets of $994K (revenue +38.3% year-over-year).
- 2016: Revenue of $495K, expenses of $398K, and assets of $866K (revenue +21.8% year-over-year).
- 2015: Revenue of $406K, expenses of $422K, and assets of $777K (revenue +19.3% year-over-year).
- 2014: Revenue of $340K, expenses of $288K, and assets of $534K (revenue -9.6% year-over-year).
- 2013: Revenue of $376K, expenses of $314K, and assets of $485K (revenue +8.7% year-over-year).
- 2012: Revenue of $346K, expenses of $310K, and assets of $248K (revenue +16.4% year-over-year).
- 2011: Revenue of $297K, expenses of $251K, and assets of $212K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Agritech Institute For Small Farms Inc:
Data Sources and Methodology
This transparency report for Agritech Institute For Small Farms Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.