Lincoln County Farmer Terracing Association Scholarship Fund
EIN: 581457946 · Providence, RI
| Metric | Value |
|---|---|
| Total Revenue | $13K |
| Total Expenses | $3K |
| Net Assets | $23K |
Is Lincoln County Farmer Terracing Association Scholarship Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lincoln County Farmer Terracing Association Scholarship Fund
Lincoln County Farmer Terracing Association Scholarship Fund (EIN: 581457946) is a nonprofit organization based in Providence, RI. The organization reported total revenue of $13K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincoln County Farmer Terracing Association Scholarship Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lincoln County Farmer Terracing Association Scholarship Fund is a micro nonprofit that has been operating for 44 years, with 5 years of IRS 990 filings on record (2012–2016). Revenue has grown at a compound annual rate of -29.4%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $458 |
| Total Expenses | $3K |
| Surplus / Deficit | $-2,650 |
| Total Assets | $23K |
| Total Liabilities | $1 |
| Net Assets | $23K |
| Operating Margin | -578.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 88.8 months |
Financial Health Grade: B
In 2016, Lincoln County Farmer Terracing Association Scholarship Fund reported a deficit of $3K with expenses exceeding revenue, holds 88.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2012–2016), Lincoln County Farmer Terracing Association Scholarship Fund's revenue has declined at a compound annual growth rate (CAGR) of -29.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -68.9% | -6.2% | -9.8% |
| 2015 | +22.6% | -2.8% | -6.5% |
| 2014 | -46.9% | +1.2% | -6.3% |
| 2013 | +23.0% | +7.1% | -3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lincoln County Farmer Terracing Association Scholarship Fund 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 Lincoln County Farmer Terracing Association Scholarship Fund 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Lincoln County Farmer Terracing Association Scholarship Fund
Is Lincoln County Farmer Terracing Association Scholarship Fund a legitimate charity?
Lincoln County Farmer Terracing Association Scholarship Fund (EIN: 581457946) is a registered tax-exempt nonprofit based in Rhode Island. It has 5 years of IRS 990 filings on record. Total revenue: $13K. No red flags identified. Financial health grade: B.
How does Lincoln County Farmer Terracing Association Scholarship Fund spend its money?
Lincoln County Farmer Terracing Association Scholarship Fund reported $13K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lincoln County Farmer Terracing Association Scholarship Fund tax-deductible?
Lincoln County Farmer Terracing Association Scholarship Fund is registered as a tax-exempt nonprofit (EIN: 581457946). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lincoln County Farmer Terracing Association Scholarship Fund located?
Lincoln County Farmer Terracing Association Scholarship Fund is headquartered in Providence, Rhode Island and files with the IRS under EIN 581457946.
How many years of IRS 990 filings does Lincoln County Farmer Terracing Association Scholarship Fund have?
Lincoln County Farmer Terracing Association Scholarship Fund has 5 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 $13K in total revenue.
Filing History
IRS 990 filing history for Lincoln County Farmer Terracing Association Scholarship Fund showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2012–2016), Lincoln County Farmer Terracing Association Scholarship Fund's revenue has declined by 75.1%, moving from $2K to $458. Total assets decreased by 23.9% over the same period, from $30K to $23K. Total functional expenses fell by 1.2%, from $3K to $3K. In its most recent filing year (2016), Lincoln County Farmer Terracing Association Scholarship Fund reported a deficit of $3K, with expenses exceeding revenue. The organization holds $1 in liabilities against $23K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $23K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $458 | $3K | $23K | $1 | — | View 990 |
| 2015 | $1K | $3K | $25K | $0 | — | View 990 |
| 2014 | $1K | $3K | $27K | $0 | — | View 990 |
| 2013 | $2K | $3K | $29K | $0 | — | View 990 |
| 2012 | $2K | $3K | $30K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $458, expenses of $3K, and assets of $23K (revenue -68.9% year-over-year).
- 2015: Revenue of $1K, expenses of $3K, and assets of $25K (revenue +22.6% year-over-year).
- 2014: Revenue of $1K, expenses of $3K, and assets of $27K (revenue -46.9% year-over-year).
- 2013: Revenue of $2K, expenses of $3K, and assets of $29K (revenue +23.0% year-over-year).
- 2012: Revenue of $2K, expenses of $3K, and assets of $30K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lincoln County Farmer Terracing Association Scholarship Fund:
Data Sources and Methodology
This transparency report for Lincoln County Farmer Terracing Association Scholarship Fund 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.