Heritage Farm Inc
Heritage Farm Inc consistently generates surpluses and reports no officer compensation.
EIN: 161250913 · Bouckville, NY · NTEE: O50Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.1M |
| Transparency Score | 90/100 |
Search Intent Cockpit
Heritage Farm Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Heritage Farm Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Heritage Farm Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $2.1M and expenses of $1.6M.
Revenue and Expenses
Heritage Farm Inc reported $2.1M in revenue and $1.6M in expenses, a surplus of $442K.
Executive Compensation
Top officer compensation appears as $2 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
90/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.
Is Heritage Farm Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $1.4M (85%) |
Across stored filings, Heritage Farm Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Appears Legitimate | Good filing record; no red flags identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Category O context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
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Local and Sector Spokes
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Bouckville, NY nonprofitsCategory O in New York
Human Services in New York
Follow the Money
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Keep the Investigation Moving
Heritage Farm Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Heritage Farm Inc
Heritage Farm Inc (EIN: 161250913) is a nonprofit organization based in Bouckville, NY, classified under NTEE code O50Z. The organization reported total revenue of $2.1M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Heritage Farm Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Heritage Farm Inc is a mid-size nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.1M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$442K |
| Total Assets | $2.5M |
| Total Liabilities | $327K |
| Net Assets | $2.1M |
| Operating Margin | 21.3% |
| Debt-to-Asset Ratio | 13.2% |
| Months of Reserves | 18.1 months |
Financial Health Grade: A
In 2023, Heritage Farm Inc reported a surplus of $442K with revenue exceeding expenses, holds 18.1 months of operating reserves (strong position), has a debt-to-asset ratio of 13.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Heritage Farm Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.4% | -7.8% | +20.0% |
| 2022 | +2.2% | +12.8% | -2.2% |
| 2021 | +32.2% | +22.9% | +5.5% |
| 2020 | -28.1% | -25.9% | -0.2% |
| 2019 | +2.1% | -0.3% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Heritage Farm Inc with a Mission Score of 90 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, Heritage 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $442K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.2%.
Executive Compensation Analysis
Heritage Farm Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization with over $2 million in annual revenue and suggests a volunteer-led executive structure or compensation is categorized differently.
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 Heritage Farm Inc:
- Consistent operational surpluses, such as the $442,302 surplus in 2023, indicating strong financial management.
- Zero reported officer compensation across all filings, suggesting high efficiency in directing funds to mission.
- Steady growth in net assets, from $1,996,294 in 2020 to $2,471,564 in 2023, enhancing long-term stability.
- Consistent filing of IRS 990s over 13 periods, demonstrating strong commitment to transparency and compliance.
- Low liabilities relative to assets, with liabilities at $326,628 against assets of $2,471,564 in 2023, indicating a healthy balance sheet.
Frequently Asked Questions about Heritage Farm Inc
Is Heritage Farm Inc a legitimate charity?
Heritage Farm Inc (EIN: 161250913) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Heritage Farm Inc spend its money?
Heritage Farm Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Heritage Farm Inc tax-deductible?
Heritage Farm Inc is registered as a tax-exempt nonprofit (EIN: 161250913). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Heritage Farm Inc CEO make?
Heritage Farm Inc's highest-compensated officer earns $2 annually. The organization reported $2.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Heritage Farm Inc's spending goes to programs?
Heritage Farm Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Heritage Farm Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Heritage Farm Inc is above average for NTEE category O50Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Heritage Farm Inc located?
Heritage Farm Inc is headquartered in Bouckville, New York and files with the IRS under EIN 161250913. It is classified under NTEE code O50Z.
How many years of IRS 990 filings does Heritage Farm Inc have?
Heritage Farm Inc has 13 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 $2.1M in total revenue.
How does Heritage Farm Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or that executive compensation is categorized under other expense lines not specifically identified as 'officer compensation' in the summary data. This is a significant factor in its financial efficiency.
What is the primary source of Heritage Farm Inc's revenue?
While the provided data shows total revenue, it does not specify the breakdown of revenue sources (e.g., donations, program service fees, grants). Understanding this would provide deeper insight into the organization's financial stability and donor reliance.
What are the specific program activities funded by Heritage Farm Inc?
The NTEE code O50Z indicates 'Other Human Services', which is broad. More detailed information on their specific programs would help assess the impact and alignment with their stated mission.
Filing History
IRS 990 filing history for Heritage Farm Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Heritage Farm Inc's revenue has grown by 6.3%, moving from $2.0M to $2.1M. Total assets increased by 22.3% over the same period, from $2.0M to $2.5M. Total functional expenses fell by 11.2%, from $1.8M to $1.6M. In its most recent filing year (2023), Heritage Farm Inc reported a surplus of $442K, with revenue exceeding expenses. The organization holds $327K in liabilities against $2.5M in assets (debt-to-asset ratio: 13.2%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $1.6M | $2.5M | $327K | — | — |
| 2022 | $1.8M | $1.8M | $2.1M | $358K | — | — |
| 2021 | $1.7M | $1.6M | $2.1M | $400K | — | View 990 |
| 2020 | $1.3M | $1.3M | $2.0M | $448K | — | View 990 |
| 2019 | $1.8M | $1.7M | $2.0M | $484K | — | View 990 |
| 2018 | $1.8M | $1.7M | $1.9M | $524K | — | View 990 |
| 2017 | $1.6M | $1.7M | $2.0M | $606K | — | View 990 |
| 2016 | $1.7M | $1.7M | $2.1M | $687K | — | View 990 |
| 2015 | $1.9M | $1.8M | $2.2M | $779K | — | View 990 |
| 2014 | $2.0M | $1.9M | $2.2M | $786K | — | View 990 |
| 2013 | $2.0M | $1.9M | $2.1M | $835K | — | View 990 |
| 2012 | $1.9M | $1.9M | $2.0M | $882K | — | View 990 |
| 2011 | $2.0M | $1.8M | $2.0M | $952K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $1.6M, and assets of $2.5M (revenue +17.4% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.8M, and assets of $2.1M (revenue +2.2% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.6M, and assets of $2.1M (revenue +32.2% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.3M, and assets of $2.0M (revenue -28.1% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.7M, and assets of $2.0M (revenue +2.1% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.7M, and assets of $1.9M (revenue +8.5% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.7M, and assets of $2.0M (revenue -3.6% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.7M, and assets of $2.1M (revenue -7.9% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.8M, and assets of $2.2M (revenue -9.6% year-over-year).
- 2014: Revenue of $2.0M, expenses of $1.9M, and assets of $2.2M (revenue +3.0% year-over-year).
- 2013: Revenue of $2.0M, expenses of $1.9M, and assets of $2.1M (revenue +2.8% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.9M, and assets of $2.0M (revenue -0.9% year-over-year).
- 2011: Revenue of $2.0M, expenses of $1.8M, and assets of $2.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Heritage Farm Inc:
Data Sources and Methodology
This transparency report for Heritage 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.