Farmers Grain Cooperative Scholarship Fund
EIN: 854396622 · Layton, UT · NTEE: B12
| Metric | Value |
|---|---|
| Total Revenue | $668K |
| Total Expenses | $25K |
| Net Assets | $756K |
Is Farmers Grain Cooperative Scholarship Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Farmers Grain Cooperative Scholarship Fund
Farmers Grain Cooperative Scholarship Fund (EIN: 854396622) is a nonprofit organization based in Layton, UT, classified under NTEE code B12. The organization reported total revenue of $668K and total assets of $763K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Farmers Grain Cooperative Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Farmers Grain Cooperative Scholarship Fund is a small nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 20255.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $41K |
| Total Expenses | $25K |
| Surplus / Deficit | +$17K |
| Total Assets | $756K |
| Total Liabilities | $1 |
| Net Assets | $756K |
| Operating Margin | 40.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 364.6 months |
Financial Health Grade: A
In 2023, Farmers Grain Cooperative Scholarship Fund reported a surplus of $17K with revenue exceeding expenses, holds 364.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 3 years of filings (2021–2023), Farmers Grain Cooperative Scholarship Fund's revenue has grown at a compound annual growth rate (CAGR) of 20255.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -94.5% | +20.3% | -0.5% |
| 2022 | +75125600.0% | — | +75956100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Farmers Grain Cooperative Scholarship Fund 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 Grain Cooperative Scholarship Fund 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Farmers Grain Cooperative Scholarship Fund
Is Farmers Grain Cooperative Scholarship Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Farmers Grain Cooperative Scholarship Fund (EIN: 854396622) insufficient data. 0 red flags identified, 0 strengths noted.
How does Farmers Grain Cooperative Scholarship Fund spend its money?
Detailed spending breakdown data is not yet available for Farmers Grain Cooperative Scholarship Fund. Check back for updated IRS 990 analysis.
Are donations to Farmers Grain Cooperative Scholarship Fund tax-deductible?
Farmers Grain Cooperative Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 854396622). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Farmers Grain Cooperative Scholarship Fund located?
Farmers Grain Cooperative Scholarship Fund is headquartered in Layton, Utah and files with the IRS under EIN 854396622. It is classified under NTEE code B12.
How many years of IRS 990 filings does Farmers Grain Cooperative Scholarship Fund have?
Farmers Grain Cooperative Scholarship Fund has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $668K in total revenue.
Filing History
IRS 990 filing history for Farmers Grain Cooperative Scholarship Fund showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Farmers Grain Cooperative Scholarship Fund's revenue has grown by 4143400%, moving from $1 to $41K. Total assets increased by 75590100% over the same period, from $1 to $756K. In its most recent filing year (2023), Farmers Grain Cooperative Scholarship Fund reported a surplus of $17K, with revenue exceeding expenses. The organization holds $1 in liabilities against $756K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $756K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $41K | $25K | $756K | $1 | — | — |
| 2022 | $751K | $21K | $760K | $1 | — | View 990 |
| 2021 | $1 | $0 | $1 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $41K, expenses of $25K, and assets of $756K (revenue -94.5% year-over-year).
- 2022: Revenue of $751K, expenses of $21K, and assets of $760K (revenue +75125600.0% year-over-year).
- 2021: Revenue of $1, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Farmers Grain Cooperative Scholarship Fund:
Data Sources and Methodology
This transparency report for Farmers Grain Cooperative Scholarship Fund 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.