Brookwood Community Farm Inc

Is Brookwood Community Farm Inc Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Brookwood Community Farm Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Brookwood Community Farm Inc

Brookwood Community Farm Inc (EIN: 204234872) is a nonprofit organization based in Canton, MA, classified under NTEE code K25. The organization reported total revenue of $531K and total assets of $606K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Brookwood Community Farm Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Brookwood Community Farm Inc with a Mission Score of 90 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: 10%
• programs: 85%
• fundraising: 5%

According to IRS 990 filings, Brookwood Community Farm Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of its size (latest revenue $531,480).

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.

Strengths

The following positive indicators were identified for Brookwood Community Farm Inc:

• Consistent asset growth, from $135,239 in 2014 to $575,592 in 2023, indicating strong financial management.
• No reported officer compensation across all available filings, suggesting high efficiency and mission focus.
• Revenue consistently exceeding expenses in most recent years, leading to healthy reserves.
• Low liabilities relative to assets, indicating financial stability.
• Consistent filing of IRS 990s over 13 periods, demonstrating transparency.

Frequently Asked Questions about Brookwood Community Farm Inc

Filing History

IRS 990 filing history for Brookwood Community Farm Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Brookwood Community Farm Inc's revenue has grown by 78.7%, moving from $255K to $456K. Total assets increased by 335.3% over the same period, from $132K to $576K. Total functional expenses rose by 97.7%, from $209K to $413K. In its most recent filing year (2023), Brookwood Community Farm Inc reported a surplus of $43K, with revenue exceeding expenses. The organization holds $14K in liabilities against $576K in assets (debt-to-asset ratio: 2.4%), resulting in net assets of $562K.

Year-by-Year Financial Summary

• 2023: Revenue of $456K, expenses of $413K, and assets of $576K (revenue +3.9% year-over-year).
• 2022: Revenue of $439K, expenses of $346K, and assets of $560K (revenue -0.3% year-over-year).
• 2021: Revenue of $441K, expenses of $348K, and assets of $464K (revenue -11.7% year-over-year).
• 2020: Revenue of $499K, expenses of $338K, and assets of $385K (revenue +41.3% year-over-year).
• 2019: Revenue of $353K, expenses of $290K, and assets of $187K (revenue +8.9% year-over-year).
• 2018: Revenue of $324K, expenses of $268K, and assets of $120K (revenue -5.2% year-over-year).
• 2017: Revenue of $342K, expenses of $364K, and assets of $71K (revenue +6.3% year-over-year).
• 2016: Revenue of $322K, expenses of $373K, and assets of $95K (revenue -11.9% year-over-year).
• 2015: Revenue of $365K, expenses of $370K, and assets of $151K (revenue +12.0% year-over-year).
• 2014: Revenue of $326K, expenses of $349K, and assets of $135K (revenue -0.5% year-over-year).
• 2013: Revenue of $328K, expenses of $317K, and assets of $152K (revenue +2.2% year-over-year).
• 2012: Revenue of $321K, expenses of $312K, and assets of $141K (revenue +25.8% year-over-year).
• 2011: Revenue of $255K, expenses of $209K, and assets of $132K.

Data Sources and Methodology

This transparency report for Brookwood Community Farm 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.