Farmers Aid Association
EIN: 620488047 · Blountville, TN
Is Farmers Aid Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Farmers Aid Association
Farmers Aid Association (EIN: 620488047) is a nonprofit organization based in Blountville, TN. The organization reported total revenue of $273K and total assets of $552K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Farmers Aid Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Farmers Aid Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Farmers Aid Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Farmers Aid Association
Is Farmers Aid Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Farmers Aid Association (EIN: 620488047) insufficient data. 0 red flags identified, 0 strengths noted.
How does Farmers Aid Association spend its money?
Detailed spending breakdown data is not yet available for Farmers Aid Association. Check back for updated IRS 990 analysis.
Are donations to Farmers Aid Association tax-deductible?
Farmers Aid Association is registered as a tax-exempt nonprofit (EIN: 620488047). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Farmers Aid Association showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2020), Farmers Aid Association's revenue has declined by 17.3%, moving from $350K to $290K. Total assets decreased by 45.9% over the same period, from $1.0M to $555K. Total functional expenses fell by 58.1%, from $650K to $272K. In its most recent filing year (2020), Farmers Aid Association reported a surplus of $17K, with revenue exceeding expenses. The organization holds $123K in liabilities against $555K in assets (debt-to-asset ratio: 22.2%), resulting in net assets of $432K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2020 | $290K | $272K | $555K | $123K | — | — |
| 2019 | $313K | $296K | $600K | $186K | — | View 990 |
| 2018 | $307K | $252K | $527K | $130K | — | View 990 |
| 2017 | $291K | $359K | $469K | $141K | — | View 990 |
| 2016 | $318K | $411K | $586K | $170K | — | View 990 |
| 2015 | $326K | $326K | $694K | $185K | — | View 990 |
| 2014 | $362K | $458K | $690K | $261K | — | View 990 |
| 2013 | $325K | $418K | $698K | $173K | — | View 990 |
| 2012 | $334K | $454K | $792K | $173K | — | View 990 |
| 2011 | $350K | $650K | $1.0M | $288K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $290K, expenses of $272K, and assets of $555K (revenue -7.5% year-over-year).
- 2019: Revenue of $313K, expenses of $296K, and assets of $600K (revenue +2.0% year-over-year).
- 2018: Revenue of $307K, expenses of $252K, and assets of $527K (revenue +5.5% year-over-year).
- 2017: Revenue of $291K, expenses of $359K, and assets of $469K (revenue -8.5% year-over-year).
- 2016: Revenue of $318K, expenses of $411K, and assets of $586K (revenue -2.5% year-over-year).
- 2015: Revenue of $326K, expenses of $326K, and assets of $694K (revenue -9.9% year-over-year).
- 2014: Revenue of $362K, expenses of $458K, and assets of $690K (revenue +11.3% year-over-year).
- 2013: Revenue of $325K, expenses of $418K, and assets of $698K (revenue -2.7% year-over-year).
- 2012: Revenue of $334K, expenses of $454K, and assets of $792K (revenue -4.6% year-over-year).
- 2011: Revenue of $350K, expenses of $650K, and assets of $1.0M.
Data Sources and Methodology
This transparency report for Farmers Aid Association 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.