Farmington Five Hundred Boys Club Inc
Farmington Five Hundred Boys Club Inc consistently operates with a surplus and zero officer compensation, growing assets to over $400,000.
EIN: 20411765 · Farmington, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $115K |
| Total Expenses | $79K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $416K |
| Transparency Score | 95/100 |
Is Farmington Five Hundred Boys Club Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Farmington Five Hundred Boys Club Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Farmington Five Hundred Boys Club Inc
Farmington Five Hundred Boys Club Inc (EIN: 20411765) is a nonprofit organization based in Farmington, NH. The organization reported total revenue of $115K and total assets of $432K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Farmington Five Hundred Boys Club Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Farmington Five Hundred Boys Club Inc is a small nonprofit that has been operating for 38 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $119K |
| Total Expenses | $79K |
| Surplus / Deficit | +$40K |
| Total Assets | $416K |
| Net Assets | $416K |
| Operating Margin | 33.3% |
| Months of Reserves | 63.0 months |
Financial Health Grade: A
In 2023, Farmington Five Hundred Boys Club Inc reported a surplus of $40K with revenue exceeding expenses, holds 63.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Farmington Five Hundred Boys Club Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.4% | +21.9% | +10.1% |
| 2022 | +43.3% | -25.5% | +10.3% |
| 2021 | +22.3% | +61.3% | -5.8% |
| 2020 | -48.6% | -50.9% | +1.2% |
| 2019 | +26.0% | +67.9% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Farmington Five Hundred Boys Club Inc with a Mission Score of 95 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, Farmington Five Hundred Boys Club Inc 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 $40K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly unusual for an organization of its size with over $100,000 in annual revenue and over $400,000 in assets, suggesting a volunteer-led or very lean operational structure.
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 Farmington Five Hundred Boys Club Inc's IRS 990 filings:
- NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Farmington Five Hundred Boys Club Inc:
- Consistent financial surplus, indicating sustainable operations (e.g., $118,941 revenue vs. $79,304 expenses in 2023).
- Zero officer compensation reported across all filings, suggesting high efficiency and volunteer leadership.
- Growing asset base, from $359,813 in 2019 to $416,344 in 2023, demonstrating financial stability.
- Very low to zero liabilities, indicating strong fiscal management and minimal debt ($0 liabilities in 2023).
- Extensive IRS 990 filing history (13 filings), showing consistent compliance and transparency.
Frequently Asked Questions about Farmington Five Hundred Boys Club Inc
Is Farmington Five Hundred Boys Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Farmington Five Hundred Boys Club Inc (EIN: 20411765) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Farmington Five Hundred Boys Club Inc spend its money?
Farmington Five Hundred Boys Club Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Farmington Five Hundred Boys Club Inc tax-deductible?
Farmington Five Hundred Boys Club Inc is registered as a tax-exempt nonprofit (EIN: 20411765). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Farmington Five Hundred Boys Club Inc CEO make?
Farmington Five Hundred Boys Club Inc's highest-compensated officer earns $100,000 annually. The organization reported $115K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Farmington Five Hundred Boys Club Inc located?
Farmington Five Hundred Boys Club Inc is headquartered in Farmington, New Hampshire and files with the IRS under EIN 20411765.
How many years of IRS 990 filings does Farmington Five Hundred Boys Club Inc have?
Farmington Five Hundred Boys Club 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 $115K in total revenue.
Is Farmington Five Hundred Boys Club Inc a good charity?
Based on the available financial data, Farmington Five Hundred Boys Club Inc appears to be a very good charity. It consistently operates with a financial surplus, has growing assets, and reports 0% officer compensation, suggesting a strong dedication to its mission and efficient use of funds.
How has the organization's financial health changed over the past five years?
The organization's financial health has improved significantly over the past five years. Assets have grown from $359,813 in 2019 to $416,344 in 2023, and liabilities have decreased from $8,569 to $0 in the same period, indicating strong financial management and increasing stability.
What is the trend in the organization's revenue and expenses?
Revenue has shown some fluctuation but generally an upward trend, from $59,303 in 2020 to $118,941 in 2023. Expenses have also fluctuated but have consistently been lower than revenue in recent years (e.g., $79,304 expenses vs. $118,941 revenue in 2023), leading to consistent surpluses.
Filing History
IRS 990 filing history for Farmington Five Hundred Boys Club Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Farmington Five Hundred Boys Club Inc's revenue has grown by 55%, moving from $77K to $119K. Total assets increased by 72.4% over the same period, from $241K to $416K. Total functional expenses fell by 28.4%, from $111K to $79K. In its most recent filing year (2023), Farmington Five Hundred Boys Club Inc reported a surplus of $40K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $119K | $79K | $416K | $0 | — | — |
| 2022 | $104K | $65K | $378K | $2K | — | — |
| 2021 | $73K | $87K | $343K | $5K | — | View 990 |
| 2020 | $59K | $54K | $364K | $12K | — | View 990 |
| 2019 | $115K | $110K | $360K | $9K | — | View 990 |
| 2018 | $92K | $66K | $360K | $14K | — | View 990 |
| 2017 | $87K | $95K | $339K | $19K | — | — |
| 2016 | $90K | $89K | $361K | $32K | — | View 990 |
| 2015 | $107K | $99K | $364K | $37K | — | View 990 |
| 2014 | $95K | $106K | $361K | $41K | — | View 990 |
| 2013 | $143K | $84K | $377K | $46K | — | View 990 |
| 2012 | $111K | $79K | $322K | $50K | — | View 990 |
| 2011 | $77K | $111K | $241K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $119K, expenses of $79K, and assets of $416K (revenue +14.4% year-over-year).
- 2022: Revenue of $104K, expenses of $65K, and assets of $378K (revenue +43.3% year-over-year).
- 2021: Revenue of $73K, expenses of $87K, and assets of $343K (revenue +22.3% year-over-year).
- 2020: Revenue of $59K, expenses of $54K, and assets of $364K (revenue -48.6% year-over-year).
- 2019: Revenue of $115K, expenses of $110K, and assets of $360K (revenue +26.0% year-over-year).
- 2018: Revenue of $92K, expenses of $66K, and assets of $360K (revenue +4.9% year-over-year).
- 2017: Revenue of $87K, expenses of $95K, and assets of $339K (revenue -3.3% year-over-year).
- 2016: Revenue of $90K, expenses of $89K, and assets of $361K (revenue -15.5% year-over-year).
- 2015: Revenue of $107K, expenses of $99K, and assets of $364K (revenue +12.3% year-over-year).
- 2014: Revenue of $95K, expenses of $106K, and assets of $361K (revenue -33.5% year-over-year).
- 2013: Revenue of $143K, expenses of $84K, and assets of $377K (revenue +28.8% year-over-year).
- 2012: Revenue of $111K, expenses of $79K, and assets of $322K (revenue +44.8% year-over-year).
- 2011: Revenue of $77K, expenses of $111K, and assets of $241K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Farmington Five Hundred Boys Club Inc:
Data Sources and Methodology
This transparency report for Farmington Five Hundred Boys Club 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.