Farmington Valley Mudhogs Inc
Farmington Valley Mudhogs Inc shows strong financial growth and zero liabilities with no reported officer compensation.
EIN: 205547365 · Farmington, CT · NTEE: N65 · Updated: 2026-03-28
Is Farmington Valley Mudhogs Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Farmington Valley Mudhogs Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Farmington Valley Mudhogs Inc
Farmington Valley Mudhogs Inc (EIN: 205547365) is a nonprofit organization based in Farmington, CT, classified under NTEE code N65. The organization reported total revenue of $169K and total assets of $68K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Farmington Valley Mudhogs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Farmington Valley Mudhogs Inc with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Farmington Valley Mudhogs Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either volunteer-based or compensated through other means not reported as officer compensation, which is highly efficient for an organization of its size with latest revenue of $168,795.
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.
Strengths
The following positive indicators were identified for Farmington Valley Mudhogs Inc:
- Consistent revenue growth, particularly from $24,243 in 202103 to $127,177 in 202303.
- Zero reported liabilities across all 12 filing periods, indicating strong financial health.
- No reported officer compensation (0%) across all filings, suggesting high efficiency in directing funds to programs.
- Increasing asset base, growing from $2,288 in 201503 to $77,721 in 202303.
- Positive net income in most recent years (e.g., $17,792 in 202303 and $39,923 in 202203).
Frequently Asked Questions about Farmington Valley Mudhogs Inc
Is Farmington Valley Mudhogs Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Farmington Valley Mudhogs Inc (EIN: 205547365) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Farmington Valley Mudhogs Inc spend its money?
Farmington Valley Mudhogs Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Farmington Valley Mudhogs Inc tax-deductible?
Farmington Valley Mudhogs Inc is registered as a tax-exempt nonprofit (EIN: 205547365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Farmington Valley Mudhogs Inc a good charity?
Based on the available financial data, Farmington Valley Mudhogs Inc appears to be a good charity. It demonstrates strong financial health, consistent revenue growth, zero liabilities, and no reported officer compensation, suggesting efficient use of funds towards its mission.
How has Farmington Valley Mudhogs Inc's revenue changed over time?
Farmington Valley Mudhogs Inc has experienced significant revenue growth, particularly in recent years. Revenue increased from $24,243 in 202103 to $102,475 in 202203, and further to $127,177 in 202303, indicating a strong upward trend.
What is the organization's financial stability?
The organization exhibits strong financial stability, consistently reporting zero liabilities across all 12 filings and growing its assets from $2,288 in 201503 to $77,721 in 202303. This indicates a healthy balance sheet and prudent financial management.
Filing History
IRS 990 filing history for Farmington Valley Mudhogs Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Farmington Valley Mudhogs Inc's revenue has grown by 53.5%, moving from $83K to $127K. Total assets increased by 107.2% over the same period, from $38K to $78K. Total functional expenses rose by 15.9%, from $94K to $109K. In its most recent filing year (2023), Farmington Valley Mudhogs Inc reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $127K | $109K | $78K | $0 | — | View 990 |
| 2022 | $102K | $63K | $60K | $0 | — | View 990 |
| 2021 | $24K | $29K | $20K | $0 | — | View 990 |
| 2020 | $58K | $55K | $30K | $0 | — | View 990 |
| 2019 | $48K | $27K | $27K | $0 | — | View 990 |
| 2018 | $35K | $33K | $6K | $0 | — | View 990 |
| 2017 | $38K | $40K | $15K | $0 | — | View 990 |
| 2016 | $64K | $50K | $17K | $0 | — | View 990 |
| 2015 | $61K | $69K | $2K | $0 | — | View 990 |
| 2014 | $79K | $108K | $10K | $0 | — | View 990 |
| 2013 | $74K | $73K | $39K | $0 | — | View 990 |
| 2012 | $83K | $94K | $38K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $127K, expenses of $109K, and assets of $78K (revenue +24.1% year-over-year).
- 2022: Revenue of $102K, expenses of $63K, and assets of $60K (revenue +322.7% year-over-year).
- 2021: Revenue of $24K, expenses of $29K, and assets of $20K (revenue -58.1% year-over-year).
- 2020: Revenue of $58K, expenses of $55K, and assets of $30K (revenue +19.4% year-over-year).
- 2019: Revenue of $48K, expenses of $27K, and assets of $27K (revenue +37.6% year-over-year).
- 2018: Revenue of $35K, expenses of $33K, and assets of $6K (revenue -7.9% year-over-year).
- 2017: Revenue of $38K, expenses of $40K, and assets of $15K (revenue -40.4% year-over-year).
- 2016: Revenue of $64K, expenses of $50K, and assets of $17K (revenue +4.5% year-over-year).
- 2015: Revenue of $61K, expenses of $69K, and assets of $2K (revenue -22.2% year-over-year).
- 2014: Revenue of $79K, expenses of $108K, and assets of $10K (revenue +6.5% year-over-year).
- 2013: Revenue of $74K, expenses of $73K, and assets of $39K (revenue -10.6% year-over-year).
- 2012: Revenue of $83K, expenses of $94K, and assets of $38K.
Data Sources and Methodology
This transparency report for Farmington Valley Mudhogs 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.