Dockery Farms Foundation
Dockery Farms Foundation operates without executive compensation, showing consistent program focus despite fluctuating revenues and a long-term decline in assets.
EIN: 202057811 · Cleveland, MS · NTEE: A802 · Updated: 2026-03-28
Is Dockery Farms Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Dockery Farms Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Dockery Farms Foundation
Dockery Farms Foundation (EIN: 202057811) is a nonprofit organization based in Cleveland, MS, classified under NTEE code A802. The organization reported total revenue of $31K and total assets of $357K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Dockery Farms Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Dockery Farms Foundation is a micro nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $73K |
| Total Expenses | $73K |
| Surplus / Deficit | +$561 |
| Total Assets | $397K |
| Total Liabilities | $49K |
| Net Assets | $348K |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 12.4% |
| Months of Reserves | 65.5 months |
Financial Health Grade: A
In 2023, Dockery Farms Foundation reported a surplus of $561 with revenue exceeding expenses, holds 65.5 months of operating reserves (strong position), has a debt-to-asset ratio of 12.4% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Dockery Farms Foundation's revenue has declined at a compound annual growth rate (CAGR) of -2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +136.5% | +18.0% | +0.1% |
| 2022 | -47.7% | -2.8% | -7.2% |
| 2021 | +28.1% | -23.4% | -1.0% |
| 2020 | -25.2% | +26.8% | -7.8% |
| 2019 | -58.0% | -66.6% | -18.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2006 |
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 Dockery Farms Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Dockery Farms Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $561, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.4%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for a nonprofit of its size with assets around $400,000.
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 Dockery Farms Foundation's IRS 990 filings:
- Long-term decline in total assets from $619,268 in 201412 to $397,270 in 202312
- Frequent periods where expenses exceed revenue, indicating reliance on reserves or prior funding
Strengths
The following positive indicators were identified for Dockery Farms Foundation:
- Consistent 0% officer compensation across all filings, demonstrating high efficiency and dedication to mission
- Strong program focus due to minimal administrative overhead related to executive pay
- Consistent filing of IRS 990 forms, indicating good transparency
- Positive net income in the most recent filing (202312), suggesting a potential stabilization of finances
Frequently Asked Questions about Dockery Farms Foundation
Is Dockery Farms Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Dockery Farms Foundation (EIN: 202057811) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Dockery Farms Foundation spend its money?
Dockery Farms Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Dockery Farms Foundation tax-deductible?
Dockery Farms Foundation is registered as a tax-exempt nonprofit (EIN: 202057811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Dockery Farms Foundation financially sustainable in the long term given its declining asset base?
The organization's assets have decreased from $619,268 in 201412 to $397,270 in 202312. While the 202312 period showed a slight increase in assets and positive net income, this long-term trend warrants monitoring for sustained financial health.
How does the organization cover its expenses when revenue is significantly lower, such as in 202212?
In periods like 202212, where revenue ($31,011) was significantly less than expenses ($61,676), the organization likely utilized accumulated reserves or specific grants from prior periods to cover the deficit, as indicated by the overall decline in assets over time.
What is the primary source of revenue for Dockery Farms Foundation?
While specific revenue sources are not detailed in the provided data, the fluctuating revenue figures suggest a reliance on grants, donations, or project-specific funding, rather than a consistent, large-scale earned income stream.
Filing History
IRS 990 filing history for Dockery Farms Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Dockery Farms Foundation's revenue has declined by 21.6%, moving from $94K to $73K. Total assets decreased by 31.5% over the same period, from $580K to $397K. Total functional expenses rose by 22.7%, from $59K to $73K. In its most recent filing year (2023), Dockery Farms Foundation reported a surplus of $561, with revenue exceeding expenses. The organization holds $49K in liabilities against $397K in assets (debt-to-asset ratio: 12.4%), resulting in net assets of $348K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $73K | $73K | $397K | $49K | — | — |
| 2022 | $31K | $62K | $397K | $49K | — | — |
| 2021 | $59K | $63K | $427K | $49K | — | — |
| 2020 | $46K | $83K | $431K | $49K | — | — |
| 2019 | $62K | $65K | $468K | $49K | — | View 990 |
| 2015 | $148K | $195K | $572K | $43K | — | View 990 |
| 2014 | $94K | $96K | $619K | $42K | — | View 990 |
| 2013 | $191K | $131K | $621K | $42K | — | View 990 |
| 2012 | $43K | $62K | $560K | $42K | — | View 990 |
| 2011 | $94K | $59K | $580K | $42K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $73K, expenses of $73K, and assets of $397K (revenue +136.5% year-over-year).
- 2022: Revenue of $31K, expenses of $62K, and assets of $397K (revenue -47.7% year-over-year).
- 2021: Revenue of $59K, expenses of $63K, and assets of $427K (revenue +28.1% year-over-year).
- 2020: Revenue of $46K, expenses of $83K, and assets of $431K (revenue -25.2% year-over-year).
- 2019: Revenue of $62K, expenses of $65K, and assets of $468K (revenue -58.0% year-over-year).
- 2015: Revenue of $148K, expenses of $195K, and assets of $572K (revenue +56.6% year-over-year).
- 2014: Revenue of $94K, expenses of $96K, and assets of $619K (revenue -50.7% year-over-year).
- 2013: Revenue of $191K, expenses of $131K, and assets of $621K (revenue +350.0% year-over-year).
- 2012: Revenue of $43K, expenses of $62K, and assets of $560K (revenue -54.5% year-over-year).
- 2011: Revenue of $94K, expenses of $59K, and assets of $580K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Dockery Farms Foundation:
Data Sources and Methodology
This transparency report for Dockery Farms Foundation 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.