Farmers Mutual Telephone Company
EIN: 344230512 · Okolona, OH
| Metric | Value |
|---|---|
| Total Expenses | $825K |
| Net Assets | $2.3M |
Is Farmers Mutual Telephone Company Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Farmers Mutual Telephone Company
Farmers Mutual Telephone Company (EIN: 344230512) is a nonprofit organization based in Okolona, OH. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Farmers Mutual Telephone Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Farmers Mutual Telephone Company is a small nonprofit that has been operating for 81 years, with 7 years of IRS 990 filings on record (2011–2017). Revenue has grown at a compound annual rate of 8.7%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $963K |
| Total Expenses | $825K |
| Surplus / Deficit | +$138K |
| Total Assets | $3.4M |
| Total Liabilities | $1.1M |
| Net Assets | $2.3M |
| Operating Margin | 14.3% |
| Debt-to-Asset Ratio | 32.0% |
| Months of Reserves | 50.0 months |
Financial Health Grade: A
In 2017, Farmers Mutual Telephone Company reported a surplus of $138K with revenue exceeding expenses, holds 50.0 months of operating reserves (strong position), has a debt-to-asset ratio of 32.0% (moderate leverage).
Financial Trends
Over 7 years of filings (2011–2017), Farmers Mutual Telephone Company's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +14.7% | -2.0% | +9.9% |
| 2016 | +16.6% | +40.1% | +15.0% |
| 2015 | -8.5% | -7.0% | +26.0% |
| 2014 | +8.3% | -8.4% | +12.0% |
| 2013 | +16.0% | -1.2% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1945 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Farmers Mutual Telephone Company 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 Mutual Telephone Company 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 (2017)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $138K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.0%.
Frequently Asked Questions about Farmers Mutual Telephone Company
Is Farmers Mutual Telephone Company a legitimate charity?
Farmers Mutual Telephone Company (EIN: 344230512) is a registered tax-exempt nonprofit based in Ohio. It has 7 years of IRS 990 filings on record. No red flags identified. Financial health grade: A.
How does Farmers Mutual Telephone Company spend its money?
Farmers Mutual Telephone Company reported its financials in IRS 990 filings. 7 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Farmers Mutual Telephone Company tax-deductible?
Farmers Mutual Telephone Company is registered as a tax-exempt nonprofit (EIN: 344230512). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Farmers Mutual Telephone Company located?
Farmers Mutual Telephone Company is headquartered in Okolona, Ohio and files with the IRS under EIN 344230512.
How many years of IRS 990 filings does Farmers Mutual Telephone Company have?
Farmers Mutual Telephone Company has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Farmers Mutual Telephone Company showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2017), Farmers Mutual Telephone Company's revenue has grown by 65.3%, moving from $583K to $963K. Total assets increased by 82.1% over the same period, from $1.9M to $3.4M. Total functional expenses rose by 22.9%, from $672K to $825K. In its most recent filing year (2017), Farmers Mutual Telephone Company reported a surplus of $138K, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $3.4M in assets (debt-to-asset ratio: 32.0%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $963K | $825K | $3.4M | $1.1M | — | View 990 |
| 2016 | $840K | $842K | $3.1M | $1.1M | — | — |
| 2015 | $720K | $601K | $2.7M | $647K | — | View 990 |
| 2014 | $787K | $647K | $2.2M | $218K | — | View 990 |
| 2013 | $726K | $706K | $1.9M | $113K | — | View 990 |
| 2012 | $626K | $714K | $1.8M | $167K | — | View 990 |
| 2011 | $583K | $672K | $1.9M | $157K | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $963K, expenses of $825K, and assets of $3.4M (revenue +14.7% year-over-year).
- 2016: Revenue of $840K, expenses of $842K, and assets of $3.1M (revenue +16.6% year-over-year).
- 2015: Revenue of $720K, expenses of $601K, and assets of $2.7M (revenue -8.5% year-over-year).
- 2014: Revenue of $787K, expenses of $647K, and assets of $2.2M (revenue +8.3% year-over-year).
- 2013: Revenue of $726K, expenses of $706K, and assets of $1.9M (revenue +16.0% year-over-year).
- 2012: Revenue of $626K, expenses of $714K, and assets of $1.8M (revenue +7.5% year-over-year).
- 2011: Revenue of $583K, expenses of $672K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Farmers Mutual Telephone Company:
Data Sources and Methodology
This transparency report for Farmers Mutual Telephone Company 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.