Field Of Dreams Inc

Field Of Dreams Inc consistently grows assets and maintains zero liabilities with no reported officer compensation.

EIN: 20453790 · Salem, NH · NTEE: N30Z · Updated: 2026-03-28

$109KRevenue
$45KGross Revenue
$796KAssets
92/100Mission Score (Excellent)
N30Z
Field Of Dreams Inc Financial Summary
MetricValue
Total Revenue$109K
Total Expenses$21K
Program Spending90%
CEO/Top Officer Pay$172,392
Net Assets$814K
Transparency Score92/100

Is Field Of Dreams Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Field Of Dreams Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Field Of Dreams Inc

Field Of Dreams Inc (EIN: 20453790) is a nonprofit organization based in Salem, NH, classified under NTEE code N30Z. The organization reported total revenue of $109K and total assets of $796K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Field Of Dreams Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

33Years Operating
SmallSize Classification
6Years of Filings
MixedRevenue Trajectory

Field Of Dreams Inc is a small nonprofit that has been operating for 33 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 14.9%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$172K
Total Expenses$21K
Surplus / Deficit+$152K
Total Assets$814K
Net Assets$814K
Operating Margin87.9%
Months of Reserves469.0 months

Financial Health Grade: A

In 2023, Field Of Dreams Inc reported a surplus of $152K with revenue exceeding expenses, holds 469.0 months of operating reserves (strong position).

Financial Trends

Over 6 years of filings (2018–2023), Field Of Dreams Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.9%.

YearRevenue ChangeExpense ChangeAsset Change
2023-12.8%-63.1%+22.9%
2022+74.2%+12.8%+27.1%
2021+14.4%+352.6%+13.9%
2020+44.8%-54.7%+23.9%
2019-20.3%+182.9%+13.6%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1993

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Field Of Dreams Inc demonstrates strong financial health and appears to be a well-managed organization. Over the past six years, the organization has consistently grown its assets, from $325,145 in 2018 to $813,877 in 2023, indicating effective asset accumulation and financial stability. Revenue has also shown a positive trend, with the latest reported revenue at $172,392 in 2023, up from $86,023 in 2018. The organization consistently reports zero liabilities, which is an excellent indicator of financial prudence and low risk. Spending efficiency is a notable strength, as expenses have remained relatively low compared to revenue. For instance, in 2023, expenses were $20,823 against revenues of $172,392, suggesting a significant portion of revenue is retained or directed towards future programs and asset growth. The consistent reporting of 0% officer compensation across all filings indicates that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can be a positive sign for donor confidence regarding administrative overhead. The NTEE code N30Z, which typically relates to 'Other Housing/Shelter' or 'Housing Development, Construction & Management', suggests a focus on direct community benefit. Transparency appears to be good, with six years of consistent IRS 990 filings available. The clear financial statements showing revenue, expenses, assets, and liabilities, along with the absence of officer compensation, provide a straightforward picture of the organization's financial operations. The consistent growth in assets without incurring liabilities further reinforces a positive outlook on their financial management and long-term sustainability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Field Of Dreams 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: 10%
  • programs: 90%
  • fundraising: 0%

According to IRS 990 filings, Field Of Dreams 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:

$172KTotal Revenue
$21KTotal Expenses
$814KTotal Assets
$814KNet Assets
  • The organization reported a surplus of $152K, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is reported as 0% across all filings, suggesting that the organization's leadership may be entirely volunteer-based or compensated through non-officer channels, which is highly favorable for a nonprofit of its size ($172,392 latest revenue).

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 Field Of Dreams Inc:

  • Consistent asset growth (from $325,145 in 2018 to $813,877 in 2023)
  • Zero reported liabilities across all filings, indicating strong financial health
  • Very low expenses relative to revenue, suggesting high operational efficiency
  • 0% officer compensation reported, implying volunteer leadership or highly efficient administrative costs
  • Consistent filing history (6 filings), demonstrating transparency and compliance

Frequently Asked Questions about Field Of Dreams Inc

Is Field Of Dreams Inc a legitimate charity?

Field Of Dreams Inc (EIN: 20453790) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 92/100. It has 6 years of IRS 990 filings on record. Total revenue: $109K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Field Of Dreams Inc spend its money?

Field Of Dreams Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Field Of Dreams Inc tax-deductible?

Field Of Dreams Inc is registered as a tax-exempt nonprofit (EIN: 20453790). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Field Of Dreams Inc CEO make?

Field Of Dreams Inc's highest-compensated officer earns $172,392 annually. The organization reported $109K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Field Of Dreams Inc compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Field Of Dreams Inc is above average for NTEE category N30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Field Of Dreams Inc located?

Field Of Dreams Inc is headquartered in Salem, New Hampshire and files with the IRS under EIN 20453790. It is classified under NTEE code N30Z.

How many years of IRS 990 filings does Field Of Dreams Inc have?

Field Of Dreams Inc has 6 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 $109K in total revenue.

Is Field Of Dreams Inc financially stable?

Yes, Field Of Dreams Inc appears very financially stable, consistently growing its assets from $325,145 in 2018 to $813,877 in 2023 and reporting zero liabilities across all six filings.

How efficiently does Field Of Dreams Inc use its funds?

The organization appears highly efficient, with expenses consistently much lower than revenue (e.g., $20,823 expenses vs. $172,392 revenue in 2023), allowing for significant asset growth and retention of funds for its mission.

Does Field Of Dreams Inc pay its officers?

Based on the IRS 990 filings, Field Of Dreams Inc reports 0% officer compensation for all six periods, indicating that officers are not compensated or are compensated through means not classified as officer compensation on the 990.

Filing History

IRS 990 filing history for Field Of Dreams Inc showing financial trends over 6 years of public records:

Over 6 years of IRS 990 filings (2018–2023), Field Of Dreams Inc's revenue has grown by 100.4%, moving from $86K to $172K. Total assets increased by 150.3% over the same period, from $325K to $814K. Total functional expenses rose by 141.4%, from $9K to $21K. In its most recent filing year (2023), Field Of Dreams Inc reported a surplus of $152K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $172K $21K $814K $0
2022 $198K $56K $662K $0 View 990
2021 $114K $50K $521K $0 View 990
2020 $99K $11K $457K $0 View 990
2019 $69K $24K $369K $0 View 990
2018 $86K $9K $325K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $172K, expenses of $21K, and assets of $814K (revenue -12.8% year-over-year).
  • 2022: Revenue of $198K, expenses of $56K, and assets of $662K (revenue +74.2% year-over-year).
  • 2021: Revenue of $114K, expenses of $50K, and assets of $521K (revenue +14.4% year-over-year).
  • 2020: Revenue of $99K, expenses of $11K, and assets of $457K (revenue +44.8% year-over-year).
  • 2019: Revenue of $69K, expenses of $24K, and assets of $369K (revenue -20.3% year-over-year).
  • 2018: Revenue of $86K, expenses of $9K, and assets of $325K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Field Of Dreams Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing

Data Sources and Methodology

This transparency report for Field Of Dreams 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.

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