Hazel Farm Property Found Inc
Hazel Farm Property Found Inc maintains stable assets and zero officer compensation, with consistent positive net income.
EIN: 201330518 · Salisbury, MD · NTEE: T23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $728K |
| Total Expenses | $161K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $3 |
| Net Assets | $3.9M |
| Transparency Score | 85/100 |
Is Hazel Farm Property Found Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hazel Farm Property Found Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hazel Farm Property Found Inc
Hazel Farm Property Found Inc (EIN: 201330518) is a nonprofit organization based in Salisbury, MD, classified under NTEE code T23. The organization reported total revenue of $728K and total assets of $3.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hazel Farm Property Found Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hazel Farm Property Found Inc is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $176K |
| Total Expenses | $161K |
| Surplus / Deficit | +$15K |
| Total Assets | $3.9M |
| Total Liabilities | $8K |
| Net Assets | $3.9M |
| Operating Margin | 8.8% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 293.7 months |
Financial Health Grade: A
In 2023, Hazel Farm Property Found Inc reported a surplus of $15K with revenue exceeding expenses, holds 293.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Hazel Farm Property Found Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -50.2% | -16.1% | +0.4% |
| 2022 | +128.1% | +14.1% | +4.3% |
| 2021 | -6.1% | -11.4% | -0.2% |
| 2020 | -4.2% | -0.6% | -0.7% |
| 2019 | -5.5% | +29.8% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Hazel Farm Property Found 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Hazel Farm Property Found 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 $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly unusual for an organization with assets over $3 million.
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 Hazel Farm Property Found Inc's IRS 990 filings:
- Lack of detailed program spending breakdown in summary data makes it difficult to fully assess program efficiency.
Strengths
The following positive indicators were identified for Hazel Farm Property Found Inc:
- Consistent 0% officer compensation, indicating all funds are directed away from executive salaries.
- Stable and substantial asset base, consistently above $3.7 million.
- Very low liabilities, typically under $10,000 in recent years, indicating strong financial health.
- Generally positive net income, demonstrating an ability to cover expenses with revenue.
- Consistent IRS 990 filing history, indicating good compliance and transparency.
Frequently Asked Questions about Hazel Farm Property Found Inc
Is Hazel Farm Property Found Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hazel Farm Property Found Inc (EIN: 201330518) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Hazel Farm Property Found Inc spend its money?
Hazel Farm Property Found Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hazel Farm Property Found Inc tax-deductible?
Hazel Farm Property Found Inc is registered as a tax-exempt nonprofit (EIN: 201330518). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hazel Farm Property Found Inc CEO make?
Hazel Farm Property Found Inc's highest-compensated officer earns $3 annually. The organization reported $728K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Hazel Farm Property Found Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hazel Farm Property Found Inc is above average for NTEE category T23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hazel Farm Property Found Inc located?
Hazel Farm Property Found Inc is headquartered in Salisbury, Maryland and files with the IRS under EIN 201330518. It is classified under NTEE code T23.
How many years of IRS 990 filings does Hazel Farm Property Found Inc have?
Hazel Farm Property Found Inc has 10 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 $728K in total revenue.
Is Hazel Farm Property Found Inc a good charity?
Based on the provided data, Hazel Farm Property Found Inc appears to be a financially sound organization with stable assets, low liabilities, and a commendable 0% officer compensation, suggesting efficient use of funds. Its consistent positive net income in most years also points to good financial management.
How does Hazel Farm Property Found Inc manage its assets?
The organization has consistently maintained a strong asset base, ranging from approximately $3.7 million to $4.1 million over the past decade, with current assets at $3,909,025. This indicates effective asset preservation and management.
What is the trend in Hazel Farm Property Found Inc's revenue?
Revenue has fluctuated, with a notable dip to negative $82,886 in 2014, but generally shows positive figures, peaking at $353,574 in 2022 and $176,236 in 2023. This suggests variability in funding sources but overall financial viability.
Filing History
IRS 990 filing history for Hazel Farm Property Found Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Hazel Farm Property Found Inc's revenue has declined by 10.2%, moving from $196K to $176K. Total assets decreased by 4.2% over the same period, from $4.1M to $3.9M. Total functional expenses rose by 14.2%, from $141K to $161K. In its most recent filing year (2023), Hazel Farm Property Found Inc reported a surplus of $15K, with revenue exceeding expenses. The organization holds $8K in liabilities against $3.9M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $3.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $176K | $161K | $3.9M | $8K | — | View 990 |
| 2022 | $354K | $192K | $3.9M | $8K | — | View 990 |
| 2021 | $155K | $168K | $3.8M | $8K | — | View 990 |
| 2020 | $165K | $190K | $3.8M | $3K | — | View 990 |
| 2019 | $172K | $191K | $3.8M | $6K | — | View 990 |
| 2015 | $182K | $147K | $3.9M | $21K | — | View 990 |
| 2014 | $-82,886 | $246K | $3.9M | $41K | — | View 990 |
| 2013 | $242K | $197K | $4.2M | $6K | — | View 990 |
| 2012 | $199K | $153K | $4.1M | $8K | — | View 990 |
| 2011 | $196K | $141K | $4.1M | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $176K, expenses of $161K, and assets of $3.9M (revenue -50.2% year-over-year).
- 2022: Revenue of $354K, expenses of $192K, and assets of $3.9M (revenue +128.1% year-over-year).
- 2021: Revenue of $155K, expenses of $168K, and assets of $3.8M (revenue -6.1% year-over-year).
- 2020: Revenue of $165K, expenses of $190K, and assets of $3.8M (revenue -4.2% year-over-year).
- 2019: Revenue of $172K, expenses of $191K, and assets of $3.8M (revenue -5.5% year-over-year).
- 2015: Revenue of $182K, expenses of $147K, and assets of $3.9M.
- 2014: Revenue of $-82,886, expenses of $246K, and assets of $3.9M (revenue -134.2% year-over-year).
- 2013: Revenue of $242K, expenses of $197K, and assets of $4.2M (revenue +21.9% year-over-year).
- 2012: Revenue of $199K, expenses of $153K, and assets of $4.1M (revenue +1.2% year-over-year).
- 2011: Revenue of $196K, expenses of $141K, and assets of $4.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hazel Farm Property Found Inc:
Data Sources and Methodology
This transparency report for Hazel Farm Property Found 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.