Hickory Nut Gap Farm Education Project Inc
EIN: 853366325 · Fairview, NC · NTEE: D99
Is Hickory Nut Gap Farm Education Project Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hickory Nut Gap Farm Education Project Inc
Hickory Nut Gap Farm Education Project Inc (EIN: 853366325) is a nonprofit organization based in Fairview, NC, classified under NTEE code D99. The organization reported total revenue of $322K and total assets of $32K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hickory Nut Gap Farm Education Project Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hickory Nut Gap Farm Education Project Inc is a small nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $240K |
| Total Expenses | $226K |
| Surplus / Deficit | +$14K |
| Total Assets | $22K |
| Total Liabilities | $22K |
| Net Assets | $-398 |
| Operating Margin | 5.9% |
| Debt-to-Asset Ratio | 101.8% |
| Months of Reserves | 1.2 months |
Financial Health Grade: B
In 2023, Hickory Nut Gap Farm Education Project Inc reported a surplus of $14K with revenue exceeding expenses, holds 1.2 months of operating reserves (limited), has a debt-to-asset ratio of 101.8% (high leverage).
Financial Trends
Over 2 years of filings (2022–2023), Hickory Nut Gap Farm Education Project Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.4% | -22.6% | +395.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hickory Nut Gap Farm Education Project Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Hickory Nut Gap Farm Education Project Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 101.8%.
Frequently Asked Questions about Hickory Nut Gap Farm Education Project Inc
Is Hickory Nut Gap Farm Education Project Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hickory Nut Gap Farm Education Project Inc (EIN: 853366325) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hickory Nut Gap Farm Education Project Inc spend its money?
Detailed spending breakdown data is not yet available for Hickory Nut Gap Farm Education Project Inc. Check back for updated IRS 990 analysis.
Are donations to Hickory Nut Gap Farm Education Project Inc tax-deductible?
Hickory Nut Gap Farm Education Project Inc is registered as a tax-exempt nonprofit (EIN: 853366325). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Hickory Nut Gap Farm Education Project Inc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Hickory Nut Gap Farm Education Project Inc's revenue has declined by 13.4%, moving from $277K to $240K. Total assets increased by 395.6% over the same period, from $4K to $22K. Total functional expenses fell by 22.6%, from $292K to $226K. In its most recent filing year (2023), Hickory Nut Gap Farm Education Project Inc reported a surplus of $14K, with revenue exceeding expenses. The organization holds $22K in liabilities against $22K in assets (debt-to-asset ratio: 101.8%), resulting in net assets of $-398.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $240K | $226K | $22K | $22K | — | — |
| 2022 | $277K | $292K | $4K | $19K | — | View 990 |
Data Sources and Methodology
This transparency report for Hickory Nut Gap Farm Education Project 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.