Hortulus Farm Foundation
EIN: 238012821 · Yardley, PA · NTEE: T22
Is Hortulus Farm Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hortulus Farm Foundation
Hortulus Farm Foundation (EIN: 238012821) is a nonprofit organization based in Yardley, PA, classified under NTEE code T22. The organization reported total revenue of $946K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hortulus Farm Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hortulus Farm Foundation is a small nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $537K |
| Total Expenses | $722K |
| Surplus / Deficit | $-184,584 |
| Total Assets | $992K |
| Total Liabilities | $18K |
| Net Assets | $974K |
| Operating Margin | -34.4% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 16.5 months |
Financial Health Grade: B
In 2023, Hortulus Farm Foundation reported a deficit of $185K with expenses exceeding revenue, holds 16.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Hortulus Farm Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +291.5% | -25.6% | -14.8% |
| 2022 | -77.0% | +122.3% | +102.6% |
| 2021 | +339.3% | +64.7% | +0.9% |
| 2020 | -43.9% | -22.0% | -3.4% |
| 2019 | +11.2% | +60.7% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hortulus Farm Foundation 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 Hortulus Farm Foundation 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 deficit of $185K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Hortulus Farm Foundation
Is Hortulus Farm Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Hortulus Farm Foundation (EIN: 238012821) insufficient data. 0 red flags identified, 0 strengths noted.
How does Hortulus Farm Foundation spend its money?
Detailed spending breakdown data is not yet available for Hortulus Farm Foundation. Check back for updated IRS 990 analysis.
Are donations to Hortulus Farm Foundation tax-deductible?
Hortulus Farm Foundation is registered as a tax-exempt nonprofit (EIN: 238012821). 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 Hortulus Farm Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Hortulus Farm Foundation's revenue has grown by 264.7%, moving from $147K to $537K. Total assets increased by 78.6% over the same period, from $556K to $992K. Total functional expenses rose by 380%, from $150K to $722K. In its most recent filing year (2023), Hortulus Farm Foundation reported a deficit of $185K, with expenses exceeding revenue. The organization holds $18K in liabilities against $992K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $974K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $537K | $722K | $992K | $18K | — | — |
| 2022 | $137K | $970K | $1.2M | $1.5M | — | View 990 |
| 2021 | $596K | $436K | $575K | $61K | — | View 990 |
| 2020 | $136K | $265K | $570K | $242K | — | View 990 |
| 2019 | $242K | $340K | $590K | $155K | — | — |
| 2015 | $217K | $211K | $595K | $1 | — | View 990 |
| 2014 | $212K | $188K | $601K | $1 | — | View 990 |
| 2013 | $200K | $179K | $573K | $1 | — | View 990 |
| 2012 | $160K | $151K | $562K | $1 | — | View 990 |
| 2011 | $147K | $150K | $556K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $537K, expenses of $722K, and assets of $992K (revenue +291.5% year-over-year).
- 2022: Revenue of $137K, expenses of $970K, and assets of $1.2M (revenue -77.0% year-over-year).
- 2021: Revenue of $596K, expenses of $436K, and assets of $575K (revenue +339.3% year-over-year).
- 2020: Revenue of $136K, expenses of $265K, and assets of $570K (revenue -43.9% year-over-year).
- 2019: Revenue of $242K, expenses of $340K, and assets of $590K (revenue +11.2% year-over-year).
- 2015: Revenue of $217K, expenses of $211K, and assets of $595K (revenue +2.6% year-over-year).
- 2014: Revenue of $212K, expenses of $188K, and assets of $601K (revenue +5.9% year-over-year).
- 2013: Revenue of $200K, expenses of $179K, and assets of $573K (revenue +24.8% year-over-year).
- 2012: Revenue of $160K, expenses of $151K, and assets of $562K (revenue +8.6% year-over-year).
- 2011: Revenue of $147K, expenses of $150K, and assets of $556K.
Data Sources and Methodology
This transparency report for Hortulus Farm Foundation 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.