Friends Of Holly Hill Farm Inc

Friends Of Holly Hill Farm Inc shows strong financial growth and efficient program spending with no reported executive compensation.

EIN: 10598057 · Cohasset, MA · NTEE: P30 · Updated: 2026-03-27

$2.2MRevenue

$1.6MAssets

92/100Mission Score (Excellent)

P30

About Friends Of Holly Hill Farm Inc

Friends Of Holly Hill Farm Inc (EIN: 10598057) is a nonprofit organization based in Cohasset, MA, classified under NTEE code P30. The organization reported total revenue of $2.2M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Holly Hill Farm Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Friends Of Holly Hill Farm Inc demonstrates a consistent pattern of growth in revenue and assets over the past decade, indicating strong financial health. For instance, revenue grew from $251,633 in 2014 to $1,281,794 in 2023, and assets increased from $65,261 to $628,648 in the same period. The organization consistently spends a high proportion of its expenses on program services, as evidenced by the typical program spending ratio. The absence of reported officer compensation across all available filings suggests a commitment to directing resources towards its mission rather than executive salaries, which is a positive indicator of spending efficiency and transparency. The organization's liabilities have remained relatively low compared to its assets, further reinforcing its stable financial position.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Friends Of Holly Hill Farm 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: 85%
fundraising: 5%

According to IRS 990 filings, Friends Of Holly Hill Farm Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of its size, with 2023 expenses at $1,189,574, and suggests a strong dedication to maximizing program spending.

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 Friends Of Holly Hill Farm Inc:

Consistent revenue growth, from $251,633 in 2014 to $1,281,794 in 2023.
Strong asset growth, from $65,261 in 2014 to $628,648 in 2023.
No reported officer compensation across all filings, indicating high efficiency.
High proportion of expenses dedicated to program services (estimated 85%).
Healthy financial position with low liabilities relative to assets.

Frequently Asked Questions about Friends Of Holly Hill Farm Inc

Is Friends Of Holly Hill Farm Inc a good charity?

Based on the available IRS 990 data, Friends Of Holly Hill Farm Inc appears to be a very good charity. It demonstrates strong financial growth, efficient program spending (estimated 85% of expenses), and a notable commitment to its mission by reporting no officer compensation.

How has the organization's financial health changed over time?

The organization has shown significant financial growth and improved health over the past decade. Revenue increased from $251,633 in 2014 to $1,281,794 in 2023, and assets grew from $65,261 to $628,648 in the same period, indicating a robust and expanding financial base.

What is the organization's approach to executive compensation?

Friends Of Holly Hill Farm Inc has consistently reported 0% for officer compensation in all available filings. This indicates a highly conservative approach to executive pay, with resources seemingly directed entirely towards operational and program expenses.

Are there any concerns regarding the organization's liabilities?

No significant concerns regarding liabilities are apparent. Liabilities have remained relatively low compared to assets, for example, $50,660 in liabilities against $628,648 in assets in 2023, suggesting a healthy balance sheet.

Filing History

IRS 990 filing history for Friends Of Holly Hill Farm Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Friends Of Holly Hill Farm Inc's revenue has grown by 827.5%, moving from $138K to $1.3M. Total assets increased by 1869% over the same period, from $32K to $629K. Total functional expenses rose by 698.9%, from $149K to $1.2M. In its most recent filing year (2023), Friends Of Holly Hill Farm Inc reported a surplus of $92K, with revenue exceeding expenses. The organization holds $51K in liabilities against $629K in assets (debt-to-asset ratio: 8.1%), resulting in net assets of $578K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.3M	$1.2M	$629K	$51K	—	—
2022	$1.1M	$1.0M	$537K	$51K	—	—
2021	$1.0M	$853K	$514K	$62K	—	View 990
2020	$900K	$709K	$335K	$44K	—	View 990
2019	$740K	$698K	$137K	$36K	—	View 990
2018	$624K	$614K	$95K	$37K	—	View 990
2017	$549K	$555K	$91K	$43K	—	View 990
2016	$456K	$463K	$69K	$0	—	View 990
2015	$406K	$391K	$79K	$0	—	View 990
2014	$252K	$237K	$65K	$0	—	View 990
2013	$196K	$205K	$51K	$0	—	View 990
2012	$194K	$166K	$59K	$-365	—	View 990
2011	$138K	$149K	$32K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.3M, expenses of $1.2M, and assets of $629K (revenue +20.3% year-over-year).
2022: Revenue of $1.1M, expenses of $1.0M, and assets of $537K (revenue +5.2% year-over-year).
2021: Revenue of $1.0M, expenses of $853K, and assets of $514K (revenue +12.5% year-over-year).
2020: Revenue of $900K, expenses of $709K, and assets of $335K (revenue +21.6% year-over-year).
2019: Revenue of $740K, expenses of $698K, and assets of $137K (revenue +18.7% year-over-year).
2018: Revenue of $624K, expenses of $614K, and assets of $95K (revenue +13.6% year-over-year).
2017: Revenue of $549K, expenses of $555K, and assets of $91K (revenue +20.3% year-over-year).
2016: Revenue of $456K, expenses of $463K, and assets of $69K (revenue +12.5% year-over-year).
2015: Revenue of $406K, expenses of $391K, and assets of $79K (revenue +61.2% year-over-year).
2014: Revenue of $252K, expenses of $237K, and assets of $65K (revenue +28.5% year-over-year).
2013: Revenue of $196K, expenses of $205K, and assets of $51K (revenue +1.1% year-over-year).
2012: Revenue of $194K, expenses of $166K, and assets of $59K (revenue +40.1% year-over-year).
2011: Revenue of $138K, expenses of $149K, and assets of $32K.

Data Sources and Methodology

This transparency report for Friends Of Holly Hill Farm 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.