Friends Of The Kennedy Martin Stelle Farmstead Inc
Friends Of The Kennedy Martin Stelle Farmstead Inc consistently operates with no reported officer compensation and growing net assets.
EIN: 201236442 · Basking Ridge, NJ · NTEE: A84 · Updated: 2026-03-28
Is Friends Of The Kennedy Martin Stelle Farmstead Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The Kennedy Martin Stelle Farmstead Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The Kennedy Martin Stelle Farmstead Inc
Friends Of The Kennedy Martin Stelle Farmstead Inc (EIN: 201236442) is a nonprofit organization based in Basking Ridge, NJ, classified under NTEE code A84. The organization reported total revenue of $412K and total assets of $388K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Kennedy Martin Stelle Farmstead 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 Friends Of The Kennedy Martin Stelle Farmstead Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Friends Of The Kennedy Martin Stelle Farmstead Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through non-officer channels, which is highly efficient for a nonprofit of its size with latest revenue of $185,981.
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 The Kennedy Martin Stelle Farmstead Inc:
- Consistent 0% officer compensation, indicating high efficiency in leadership costs.
- Positive trend in net assets, growing from $38,332 in 2014 to $133,800 in 2023.
- Generally operates with a financial surplus, demonstrating sound financial management (e.g., $185,981 revenue vs. $147,751 expenses in 2023).
- Stable and consistent filing history over 13 periods, indicating good governance and compliance.
Frequently Asked Questions about Friends Of The Kennedy Martin Stelle Farmstead Inc
Is Friends Of The Kennedy Martin Stelle Farmstead Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Kennedy Martin Stelle Farmstead Inc (EIN: 201236442) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Friends Of The Kennedy Martin Stelle Farmstead Inc spend its money?
Friends Of The Kennedy Martin Stelle Farmstead Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of The Kennedy Martin Stelle Farmstead Inc tax-deductible?
Friends Of The Kennedy Martin Stelle Farmstead Inc is registered as a tax-exempt nonprofit (EIN: 201236442). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Friends Of The Kennedy Martin Stelle Farmstead Inc a good charity?
Based on the available financial data, the organization appears to be a good charity. It consistently operates with a surplus, has growing assets, and reports 0% officer compensation, suggesting efficient use of funds and strong dedication to its mission.
How has the organization's financial health changed over time?
The organization has shown consistent financial growth, with assets increasing from $38,332 in 2014 to $133,800 in 2023. Revenue and expenses have fluctuated but generally show a positive net income, indicating stable and improving financial health.
What is the trend in their revenue and expenses?
Revenue has fluctuated, with a high of $213,044 in 2022 and a low of $74,239 in 2020. Expenses generally follow revenue, with the organization typically spending less than it earns, leading to a positive net position in most years, such as $185,981 revenue vs. $147,751 expenses in 2023.
Filing History
IRS 990 filing history for Friends Of The Kennedy Martin Stelle Farmstead Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of The Kennedy Martin Stelle Farmstead Inc's revenue has grown by 217.2%, moving from $59K to $186K. Total assets increased by 615% over the same period, from $19K to $134K. Total functional expenses rose by 153.1%, from $58K to $148K. In its most recent filing year (2023), Friends Of The Kennedy Martin Stelle Farmstead Inc reported a surplus of $38K, with revenue exceeding expenses. The organization holds $1K in liabilities against $134K in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $132K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $186K | $148K | $134K | $1K | — | — |
| 2022 | $213K | $203K | $96K | $2K | — | View 990 |
| 2021 | $123K | $71K | $87K | $3K | — | View 990 |
| 2020 | $74K | $57K | $137K | $2K | — | View 990 |
| 2019 | $182K | $93K | $120K | $1K | — | View 990 |
| 2018 | $83K | $90K | $31K | $1K | — | View 990 |
| 2017 | $168K | $277K | $38K | $1K | — | — |
| 2016 | $207K | $119K | $146K | $1K | — | View 990 |
| 2015 | $111K | $91K | $57K | $680 | — | View 990 |
| 2014 | $122K | $185K | $38K | $1K | — | View 990 |
| 2013 | $277K | $253K | $100K | $600 | — | View 990 |
| 2012 | $182K | $125K | $76K | $905 | — | View 990 |
| 2011 | $59K | $58K | $19K | $625 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $186K, expenses of $148K, and assets of $134K (revenue -12.7% year-over-year).
- 2022: Revenue of $213K, expenses of $203K, and assets of $96K (revenue +73.7% year-over-year).
- 2021: Revenue of $123K, expenses of $71K, and assets of $87K (revenue +65.2% year-over-year).
- 2020: Revenue of $74K, expenses of $57K, and assets of $137K (revenue -59.1% year-over-year).
- 2019: Revenue of $182K, expenses of $93K, and assets of $120K (revenue +119.5% year-over-year).
- 2018: Revenue of $83K, expenses of $90K, and assets of $31K (revenue -50.8% year-over-year).
- 2017: Revenue of $168K, expenses of $277K, and assets of $38K (revenue -18.8% year-over-year).
- 2016: Revenue of $207K, expenses of $119K, and assets of $146K (revenue +87.2% year-over-year).
- 2015: Revenue of $111K, expenses of $91K, and assets of $57K (revenue -9.6% year-over-year).
- 2014: Revenue of $122K, expenses of $185K, and assets of $38K (revenue -55.8% year-over-year).
- 2013: Revenue of $277K, expenses of $253K, and assets of $100K (revenue +52.0% year-over-year).
- 2012: Revenue of $182K, expenses of $125K, and assets of $76K (revenue +210.8% year-over-year).
- 2011: Revenue of $59K, expenses of $58K, and assets of $19K.
Data Sources and Methodology
This transparency report for Friends Of The Kennedy Martin Stelle Farmstead 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.