Lexington Community Farm Coalition Inc
EIN: 273671122 · Lexington, MA · NTEE: K25
| Metric | Value |
|---|---|
| Total Revenue | $915K |
| Total Expenses | $722K |
| Net Assets | $538K |
Is Lexington Community Farm Coalition Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lexington Community Farm Coalition Inc
Lexington Community Farm Coalition Inc (EIN: 273671122) is a nonprofit organization based in Lexington, MA, classified under NTEE code K25. The organization reported total revenue of $915K and total assets of $631K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lexington Community Farm Coalition Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lexington Community Farm Coalition Inc is a small nonprofit that has been operating for 14 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $750K |
| Total Expenses | $722K |
| Surplus / Deficit | +$28K |
| Total Assets | $585K |
| Total Liabilities | $47K |
| Net Assets | $538K |
| Operating Margin | 3.7% |
| Debt-to-Asset Ratio | 8.0% |
| Months of Reserves | 9.7 months |
Financial Health Grade: A
In 2023, Lexington Community Farm Coalition Inc reported a surplus of $28K with revenue exceeding expenses, holds 9.7 months of operating reserves (strong position), has a debt-to-asset ratio of 8.0% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Lexington Community Farm Coalition Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.8% | +23.8% | +6.6% |
| 2022 | +20.9% | +15.9% | +45.3% |
| 2021 | +31.5% | +26.0% | +25.6% |
| 2020 | +30.8% | +18.2% | +53.9% |
| 2019 | +10.2% | +4.1% | +7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lexington Community Farm Coalition 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 Lexington Community Farm Coalition 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 $28K, with revenue exceeding expenses.
- Debt-to-asset ratio: 8.0%.
Frequently Asked Questions about Lexington Community Farm Coalition Inc
Is Lexington Community Farm Coalition Inc a legitimate charity?
Lexington Community Farm Coalition Inc (EIN: 273671122) is a registered tax-exempt nonprofit based in Massachusetts. It has 10 years of IRS 990 filings on record. Total revenue: $915K. No red flags identified. Financial health grade: A.
How does Lexington Community Farm Coalition Inc spend its money?
Lexington Community Farm Coalition Inc reported $915K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lexington Community Farm Coalition Inc tax-deductible?
Lexington Community Farm Coalition Inc is registered as a tax-exempt nonprofit (EIN: 273671122). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lexington Community Farm Coalition Inc located?
Lexington Community Farm Coalition Inc is headquartered in Lexington, Massachusetts and files with the IRS under EIN 273671122. It is classified under NTEE code K25.
How many years of IRS 990 filings does Lexington Community Farm Coalition Inc have?
Lexington Community Farm Coalition 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 $915K in total revenue.
Filing History
IRS 990 filing history for Lexington Community Farm Coalition Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Lexington Community Farm Coalition Inc's revenue has grown by 130%, moving from $326K to $750K. Total assets increased by 349.8% over the same period, from $130K to $585K. Total functional expenses rose by 137.3%, from $304K to $722K. In its most recent filing year (2023), Lexington Community Farm Coalition Inc reported a surplus of $28K, with revenue exceeding expenses. The organization holds $47K in liabilities against $585K in assets (debt-to-asset ratio: 8.0%), resulting in net assets of $538K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $750K | $722K | $585K | $47K | — | — |
| 2022 | $736K | $583K | $549K | $38K | — | View 990 |
| 2021 | $609K | $503K | $378K | $21K | — | View 990 |
| 2020 | $463K | $399K | $301K | $50K | — | View 990 |
| 2019 | $354K | $338K | $195K | $8K | — | View 990 |
| 2018 | $321K | $324K | $182K | $11K | — | View 990 |
| 2017 | $268K | $242K | $190K | $16K | — | View 990 |
| 2016 | $267K | $274K | $165K | $16K | — | View 990 |
| 2015 | $305K | $225K | $173K | $19K | — | View 990 |
| 2014 | $326K | $304K | $130K | $54K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $750K, expenses of $722K, and assets of $585K (revenue +1.8% year-over-year).
- 2022: Revenue of $736K, expenses of $583K, and assets of $549K (revenue +20.9% year-over-year).
- 2021: Revenue of $609K, expenses of $503K, and assets of $378K (revenue +31.5% year-over-year).
- 2020: Revenue of $463K, expenses of $399K, and assets of $301K (revenue +30.8% year-over-year).
- 2019: Revenue of $354K, expenses of $338K, and assets of $195K (revenue +10.2% year-over-year).
- 2018: Revenue of $321K, expenses of $324K, and assets of $182K (revenue +20.0% year-over-year).
- 2017: Revenue of $268K, expenses of $242K, and assets of $190K (revenue +0.1% year-over-year).
- 2016: Revenue of $267K, expenses of $274K, and assets of $165K (revenue -12.2% year-over-year).
- 2015: Revenue of $305K, expenses of $225K, and assets of $173K (revenue -6.6% year-over-year).
- 2014: Revenue of $326K, expenses of $304K, and assets of $130K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lexington Community Farm Coalition Inc:
Data Sources and Methodology
This transparency report for Lexington Community Farm Coalition 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.