Choshen Farm Inc
Choshen Farm Inc shows consistent growth and strong program spending with no reported officer compensation.
EIN: 208708011 · Spokane, WA · NTEE: Q30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $812K |
| Total Expenses | $534K |
| Program Spending | 85% |
| Net Assets | $176K |
| Transparency Score | 90/100 |
Is Choshen Farm Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Choshen Farm Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Choshen Farm Inc
Choshen Farm Inc (EIN: 208708011) is a nonprofit organization based in Spokane, WA, classified under NTEE code Q30. The organization reported total revenue of $812K and total assets of $217K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Choshen Farm Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Choshen Farm Inc is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $590K |
| Total Expenses | $534K |
| Surplus / Deficit | +$56K |
| Total Assets | $177K |
| Total Liabilities | $1K |
| Net Assets | $176K |
| Operating Margin | 9.5% |
| Debt-to-Asset Ratio | 0.6% |
| Months of Reserves | 4.0 months |
Financial Health Grade: A
In 2023, Choshen Farm Inc reported a surplus of $56K with revenue exceeding expenses, holds 4.0 months of operating reserves (adequate), has a debt-to-asset ratio of 0.6% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Choshen Farm Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.4% | +9.7% | +44.8% |
| 2022 | +7.2% | -0.6% | -5.5% |
| 2021 | +27.8% | +59.8% | -9.5% |
| 2020 | +3.3% | -13.4% | +48.0% |
| 2019 | -21.4% | -17.3% | +5.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
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 Choshen 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, Choshen 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $56K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.6%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for resource allocation.
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 Choshen Farm Inc:
- Consistent revenue growth from $169,431 in 2014 to $589,754 in 2023.
- Zero reported officer compensation across all filings, indicating high resource allocation to mission.
- Generally operates with a financial surplus, demonstrating sound financial management (e.g., 2023 revenue $589,754 vs. expenses $533,752).
- Low liabilities relative to assets, indicating financial stability.
- Strong program focus, implied by the absence of officer compensation and overall financial health.
Frequently Asked Questions about Choshen Farm Inc
Is Choshen Farm Inc a legitimate charity?
Choshen Farm Inc (EIN: 208708011) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $812K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Choshen Farm Inc spend its money?
Choshen Farm Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Choshen Farm Inc tax-deductible?
Choshen Farm Inc is registered as a tax-exempt nonprofit (EIN: 208708011). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Choshen Farm Inc's spending goes to programs?
Choshen Farm Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Choshen Farm Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Choshen Farm Inc is above average for NTEE category Q30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Choshen Farm Inc located?
Choshen Farm Inc is headquartered in Spokane, Washington and files with the IRS under EIN 208708011. It is classified under NTEE code Q30.
How many years of IRS 990 filings does Choshen Farm Inc have?
Choshen Farm Inc has 13 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 $812K in total revenue.
Is Choshen Farm Inc a good charity?
Based on its financial data, Choshen Farm Inc appears to be a good charity. It demonstrates consistent revenue growth, maintains low liabilities, and has a strong commitment to program spending, evidenced by 0% officer compensation and a generally positive operating surplus.
How has Choshen Farm Inc's revenue grown over the past decade?
Choshen Farm Inc has experienced significant revenue growth, increasing from $169,431 in 2014 to $589,754 in 2023, representing a substantial increase over the decade.
What is Choshen Farm Inc's approach to executive compensation?
Choshen Farm Inc has consistently reported 0% officer compensation in all available IRS 990 filings, suggesting a volunteer-driven leadership or a model where executive roles are not compensated through traditional officer salaries.
Does Choshen Farm Inc manage its expenses effectively?
Yes, the organization generally manages its expenses effectively, often operating with a surplus. For example, in 2023, revenue ($589,754) exceeded expenses ($533,752), indicating sound financial management.
Filing History
IRS 990 filing history for Choshen Farm Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Choshen Farm Inc's revenue has grown by 564%, moving from $89K to $590K. Total assets increased by 1066.9% over the same period, from $15K to $177K. Total functional expenses rose by 507.5%, from $88K to $534K. In its most recent filing year (2023), Choshen Farm Inc reported a surplus of $56K, with revenue exceeding expenses. The organization holds $1K in liabilities against $177K in assets (debt-to-asset ratio: 0.6%), resulting in net assets of $176K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $590K | $534K | $177K | $1K | — | — |
| 2022 | $494K | $487K | $122K | $1K | — | View 990 |
| 2021 | $461K | $489K | $129K | $16K | — | View 990 |
| 2020 | $361K | $306K | $143K | $946 | — | View 990 |
| 2019 | $349K | $354K | $97K | $9K | — | View 990 |
| 2018 | $445K | $428K | $92K | $896 | — | View 990 |
| 2017 | $216K | $233K | $88K | $13K | — | View 990 |
| 2016 | $211K | $190K | $93K | $1K | — | View 990 |
| 2015 | $184K | $175K | $72K | $1K | — | View 990 |
| 2014 | $169K | $132K | $62K | $690 | — | View 990 |
| 2013 | $117K | $108K | $24K | $445 | — | View 990 |
| 2012 | $85K | $84K | $16K | $0 | — | View 990 |
| 2011 | $89K | $88K | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $590K, expenses of $534K, and assets of $177K (revenue +19.4% year-over-year).
- 2022: Revenue of $494K, expenses of $487K, and assets of $122K (revenue +7.2% year-over-year).
- 2021: Revenue of $461K, expenses of $489K, and assets of $129K (revenue +27.8% year-over-year).
- 2020: Revenue of $361K, expenses of $306K, and assets of $143K (revenue +3.3% year-over-year).
- 2019: Revenue of $349K, expenses of $354K, and assets of $97K (revenue -21.4% year-over-year).
- 2018: Revenue of $445K, expenses of $428K, and assets of $92K (revenue +106.3% year-over-year).
- 2017: Revenue of $216K, expenses of $233K, and assets of $88K (revenue +2.0% year-over-year).
- 2016: Revenue of $211K, expenses of $190K, and assets of $93K (revenue +14.7% year-over-year).
- 2015: Revenue of $184K, expenses of $175K, and assets of $72K (revenue +8.8% year-over-year).
- 2014: Revenue of $169K, expenses of $132K, and assets of $62K (revenue +45.4% year-over-year).
- 2013: Revenue of $117K, expenses of $108K, and assets of $24K (revenue +36.8% year-over-year).
- 2012: Revenue of $85K, expenses of $84K, and assets of $16K (revenue -4.1% year-over-year).
- 2011: Revenue of $89K, expenses of $88K, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Choshen Farm Inc:
Data Sources and Methodology
This transparency report for Choshen 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.