Animal Farm Foundation Inc
Animal Farm Foundation: Strong Program Spending, but Declining Revenue and Asset Trends Raise Questions
EIN: 222386955 · Bangall, NY · NTEE: T23 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $5.2M |
| Total Expenses | $2.0M |
| Program Spending | 88% |
| CEO/Top Officer Pay | $202,210, |
| Net Assets | $3.2M |
| Transparency Score | 85/100 |
Is Animal Farm Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Animal Farm Foundation Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Animal Farm Foundation Inc
Animal Farm Foundation Inc (EIN: 222386955) is a nonprofit organization based in Bangall, NY, classified under NTEE code T23. The organization reported total revenue of $5.2M and total assets of $6.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Animal Farm Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Animal Farm Foundation Inc is a mid-size nonprofit that has been operating for 44 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $961K |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-1,061,408 |
| Total Assets | $3.3M |
| Total Liabilities | $144K |
| Net Assets | $3.2M |
| Operating Margin | -110.5% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 19.7 months |
Financial Health Grade: B
In 2023, Animal Farm Foundation Inc reported a deficit of $1.1M with expenses exceeding revenue, holds 19.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Animal Farm Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +63.2% | -18.7% | -24.8% |
| 2022 | -89.6% | -12.7% | -31.0% |
| 2021 | +216.3% | +31.7% | +72.8% |
| 2020 | -66.5% | -3.4% | -10.1% |
| 2019 | +138.1% | -16.4% | +277.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Animal Farm Foundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 88%
- fundraising: 5%
According to IRS 990 filings, Animal Farm Foundation Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% 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 $1.1M, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.3%.
Executive Compensation Analysis
Executive compensation for the highest paid individual in 2022 was $202,210, which appears reasonable given the organization's revenue and asset size.
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 Animal Farm Foundation Inc's IRS 990 filings:
- Revenue has shown a significant decline from $5,172,190 in 2021 to $588,766 in 2022, and then a rebound to $960,696 in 2023, indicating potential instability.
- Total assets have decreased consistently from $6,401,998 in 2021 to $3,323,143 in 2023, suggesting a shrinking financial base.
- The substantial drop in revenue in 2022 (from $5.1M to $0.5M) without a clear explanation in the provided data is a significant concern.
Strengths
The following positive indicators were identified for Animal Farm Foundation Inc:
- Consistently high percentage of spending on programs (88% in 2023), demonstrating a strong commitment to their mission.
- Low administrative and fundraising costs (7% and 5% respectively in 2023) indicate efficient operations.
- Clear and focused mission on animal welfare, particularly advocating for 'pit bull' type dogs.
Frequently Asked Questions about Animal Farm Foundation Inc
Is Animal Farm Foundation Inc a legitimate charity?
Animal Farm Foundation Inc (EIN: 222386955) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $5.2M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Animal Farm Foundation Inc spend its money?
Animal Farm Foundation Inc directs 88% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Animal Farm Foundation Inc tax-deductible?
Animal Farm Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222386955). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Animal Farm Foundation Inc CEO make?
Animal Farm Foundation Inc's highest-compensated officer earns $202,210, annually. The organization reported $5.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Animal Farm Foundation Inc's spending goes to programs?
Animal Farm Foundation Inc directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Animal Farm Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Animal Farm Foundation Inc is above average for NTEE category T23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Animal Farm Foundation Inc located?
Animal Farm Foundation Inc is headquartered in Bangall, New York and files with the IRS under EIN 222386955. It is classified under NTEE code T23.
How many years of IRS 990 filings does Animal Farm Foundation Inc have?
Animal Farm Foundation Inc has 11 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 $5.2M in total revenue.
What does Animal Farm Foundation Inc do?
Animal Farm Foundation Inc is a nonprofit organization in the Philanthropy, Voluntarism & Grantmaking sector, located in Bangall, New York. It is classified under NTEE code T23.
How much revenue does Animal Farm Foundation Inc have?
Animal Farm Foundation Inc reported total revenue of $5,172,190. Based on 11 IRS 990 filings on record.
What are Animal Farm Foundation Inc's total assets?
Animal Farm Foundation Inc holds total assets of $6,645,788 as reported in IRS 990 filings.
Where is Animal Farm Foundation Inc located?
Animal Farm Foundation Inc is based in Bangall, New York.
What is Animal Farm Foundation Inc's EIN?
Animal Farm Foundation Inc's Employer Identification Number (EIN) is 222386955. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Animal Farm Foundation Inc?
Animal Farm Foundation Inc is classified under NTEE code T23 (Philanthropy, Voluntarism & Grantmaking).
Is Animal Farm Foundation Inc a registered 501(c)(3)?
Yes, Animal Farm Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222386955.
Does Animal Farm Foundation Inc file IRS Form 990?
Yes, Animal Farm Foundation Inc has 11 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Animal Farm Foundation Inc's revenue in 2023?
In the 202312 filing period, Animal Farm Foundation Inc reported total revenue of $960,696, total expenses of $2,022,104, and net assets of $3,323,143.
Is Animal Farm Foundation Inc's revenue growing or declining?
Animal Farm Foundation Inc's revenue is growing. Revenue went from $588,766 (202212) to $960,696 (202312), a +63.2% change. Based on 11 filings on record.
What is Animal Farm Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Animal Farm Foundation Inc covers tax period 202312. It shows revenue of $960,696, expenses of $2,022,104, total assets of $3,323,143, and liabilities of $143,811.
How much does Animal Farm Foundation Inc spend on programs vs administration?
Based on IRS 990 analysis, Animal Farm Foundation Inc allocates approximately 88% of expenses to program services, 7% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Animal Farm Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Animal Farm Foundation Inc appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 3 strengths noted.
What are the red flags for Animal Farm Foundation Inc?
The following concerns were identified: Revenue has shown a significant decline from $5,172,190 in 2021 to $588,766 in 2022, and then a rebound to $960,696 in 2023, indicating potential instability.. Total assets have decreased consistently from $6,401,998 in 2021 to $3,323,143 in 2023, suggesting a shrinking financial base.. The substantial drop in revenue in 2022 (from $5.1M to $0.5M) without a clear explanation in the provided data is a significant concern.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Animal Farm Foundation Inc's strengths?
Positive indicators for Animal Farm Foundation Inc include: Consistently high percentage of spending on programs (88% in 2023), demonstrating a strong commitment to their mission.. Low administrative and fundraising costs (7% and 5% respectively in 2023) indicate efficient operations.. Clear and focused mission on animal welfare, particularly advocating for 'pit bull' type dogs.. These findings are derived from AI analysis of the organization's financial filings.
How does Animal Farm Foundation Inc compensate executives?
Executive compensation for the highest paid individual in 2022 was $202,210, which appears reasonable given the organization's revenue and asset size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What caused the drastic revenue drop from over $5 million in 2021 to under $600,000 in 2022, and how does the organization plan to stabilize its funding?
The provided data shows a sharp decline in revenue from $5,651,013 in 2021 to $588,766 in 2022. This significant fluctuation warrants further investigation into funding sources, major donor changes, or specific events that impacted income during that period. The organization's strategy for revenue diversification and sustainability would be crucial to understand.
Given the consistent decline in total assets over the past few years, what is the organization's long-term financial strategy to maintain its operational capacity?
Total assets have decreased from $6,401,998 in 2021 to $3,323,143 in 2023. This trend suggests a potential depletion of reserves or investments. Understanding the reasons behind this decline and the organization's plan to rebuild its asset base is important for assessing its long-term financial health and ability to continue its programs.
Filing History
IRS 990 filing history for Animal Farm Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Animal Farm Foundation Inc's revenue has declined by 44.1%, moving from $1.7M to $961K. Total assets increased by 76% over the same period, from $1.9M to $3.3M. Total functional expenses rose by 22.6%, from $1.6M to $2.0M. In its most recent filing year (2023), Animal Farm Foundation Inc reported a deficit of $1.1M, with expenses exceeding revenue. The organization holds $144K in liabilities against $3.3M in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $961K | $2.0M | $3.3M | $144K | — | — |
| 2022 | $589K | $2.5M | $4.4M | $178K | — | View 990 |
| 2021 | $5.7M | $2.8M | $6.4M | $184K | — | View 990 |
| 2020 | $1.8M | $2.2M | $3.7M | $237K | — | — |
| 2019 | $5.3M | $2.2M | $4.1M | $155K | — | View 990 |
| 2015 | $2.2M | $2.7M | $1.1M | $18K | — | View 990 |
| 2014 | $989K | $1.1M | $1.5M | $11K | — | View 990 |
| 2014 | $1.5M | $2.2M | $1.8M | $24K | — | View 990 |
| 2013 | $2.9M | $1.9M | $2.6M | $18K | — | View 990 |
| 2012 | $1.6M | $2.0M | $1.5M | $0 | — | View 990 |
| 2011 | $1.7M | $1.6M | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $961K, expenses of $2.0M, and assets of $3.3M (revenue +63.2% year-over-year).
- 2022: Revenue of $589K, expenses of $2.5M, and assets of $4.4M (revenue -89.6% year-over-year).
- 2021: Revenue of $5.7M, expenses of $2.8M, and assets of $6.4M (revenue +216.3% year-over-year).
- 2020: Revenue of $1.8M, expenses of $2.2M, and assets of $3.7M (revenue -66.5% year-over-year).
- 2019: Revenue of $5.3M, expenses of $2.2M, and assets of $4.1M (revenue +138.1% year-over-year).
- 2015: Revenue of $2.2M, expenses of $2.7M, and assets of $1.1M (revenue +126.6% year-over-year).
- 2014: Revenue of $989K, expenses of $1.1M, and assets of $1.5M (revenue -34.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $2.2M, and assets of $1.8M (revenue -48.1% year-over-year).
- 2013: Revenue of $2.9M, expenses of $1.9M, and assets of $2.6M (revenue +87.1% year-over-year).
- 2012: Revenue of $1.6M, expenses of $2.0M, and assets of $1.5M (revenue -9.6% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Animal Farm Foundation Inc:
Data Sources and Methodology
This transparency report for Animal Farm Foundation 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.