Meadowbrook Farm
Meadowbrook Farm sees significant revenue decline over six years but maintains zero officer compensation.
EIN: 200966236 · Philadelphia, PA · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $825K |
| Total Expenses | $774K |
| Program Spending | 85% |
| Net Assets | $447K |
| Transparency Score | 85/100 |
Is Meadowbrook Farm Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Meadowbrook Farm directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Meadowbrook Farm
Meadowbrook Farm (EIN: 200966236) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code B99. The organization reported total revenue of $825K and total assets of $622K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Meadowbrook Farm's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Meadowbrook Farm is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $786K |
| Total Expenses | $774K |
| Surplus / Deficit | +$12K |
| Total Assets | $538K |
| Total Liabilities | $91K |
| Net Assets | $447K |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 17.0% |
| Months of Reserves | 8.4 months |
Financial Health Grade: A
In 2023, Meadowbrook Farm reported a surplus of $12K with revenue exceeding expenses, holds 8.4 months of operating reserves (strong position), has a debt-to-asset ratio of 17.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Meadowbrook Farm's revenue has declined at a compound annual growth rate (CAGR) of -6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.8% | +4.0% | +14.9% |
| 2022 | -17.7% | -27.6% | +0.2% |
| 2021 | -4.4% | -10.2% | -4.7% |
| 2020 | +10.4% | -4.1% | -13.1% |
| 2019 | -15.9% | +5.3% | -32.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Meadowbrook Farm with a Mission Score of 85 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, Meadowbrook Farm 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 $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 17.0%.
Executive Compensation Analysis
Meadowbrook Farm consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.
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.
Red Flags
The following concerns were identified during AI analysis of Meadowbrook Farm's IRS 990 filings:
- Significant and sustained decline in revenue (nearly 47% from 2017 to 2023)
- Expenses exceeded revenue in multiple years (e.g., 2021, 2020, 2019, 2018, 2017, 2016, 2015, 2014) indicating reliance on reserves or prior year surpluses.
Strengths
The following positive indicators were identified for Meadowbrook Farm:
- Consistent 0% officer compensation, demonstrating a strong commitment to mission-focused spending.
- Recent positive net income in 2023 ($11,802 surplus) and 2022 ($72,433 surplus) after several years of deficits.
- Healthy asset growth from $468,706 in 2022 to $538,454 in 2023.
- Relatively low liabilities compared to assets, indicating good financial management.
Frequently Asked Questions about Meadowbrook Farm
Is Meadowbrook Farm a legitimate charity?
Meadowbrook Farm (EIN: 200966236) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $825K. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Meadowbrook Farm spend its money?
Meadowbrook Farm directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Meadowbrook Farm tax-deductible?
Meadowbrook Farm is registered as a tax-exempt nonprofit (EIN: 200966236). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Meadowbrook Farm's spending goes to programs?
Meadowbrook Farm directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Meadowbrook Farm compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Meadowbrook Farm is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Meadowbrook Farm located?
Meadowbrook Farm is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 200966236. It is classified under NTEE code B99.
How many years of IRS 990 filings does Meadowbrook Farm have?
Meadowbrook Farm 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 $825K in total revenue.
What caused the significant decline in revenue from $1,488,099 in 2017 to $785,624 in 2023?
The filings do not provide specific reasons for the nearly 47% revenue decrease, but it's a critical area for the organization to address and communicate to stakeholders.
How does Meadowbrook Farm sustain its operations without paying officer compensation?
The consistent 0% officer compensation suggests that leadership roles may be filled by volunteers or compensated through other means not classified as officer compensation, or that the organization operates with a very lean administrative structure.
What are the organization's strategies for revenue diversification and growth to reverse the downward trend?
The IRS 990 filings do not detail future strategies, but given the substantial revenue decline, this would be a key question for potential donors or partners.
Filing History
IRS 990 filing history for Meadowbrook Farm showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Meadowbrook Farm's revenue has declined by 53.9%, moving from $1.7M to $786K. Total assets decreased by 62.9% over the same period, from $1.4M to $538K. Total functional expenses fell by 52.6%, from $1.6M to $774K. In its most recent filing year (2023), Meadowbrook Farm reported a surplus of $12K, with revenue exceeding expenses. The organization holds $91K in liabilities against $538K in assets (debt-to-asset ratio: 17.0%), resulting in net assets of $447K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $786K | $774K | $538K | $91K | — | — |
| 2022 | $816K | $744K | $469K | $34K | — | View 990 |
| 2021 | $992K | $1.0M | $468K | $105K | — | View 990 |
| 2020 | $1.0M | $1.1M | $491K | $93K | — | View 990 |
| 2019 | $941K | $1.2M | $565K | $60K | — | View 990 |
| 2018 | $1.1M | $1.1M | $842K | $85K | — | View 990 |
| 2017 | $1.5M | $1.6M | $888K | $118K | — | — |
| 2016 | $1.5M | $1.6M | $968K | $123K | — | View 990 |
| 2015 | $1.2M | $1.5M | $1.1M | $89K | — | View 990 |
| 2014 | $1.5M | $1.5M | $1.4M | $59K | — | View 990 |
| 2013 | $1.9M | $2.0M | $1.5M | $92K | — | View 990 |
| 2012 | $1.9M | $1.8M | $1.6M | $86K | — | View 990 |
| 2011 | $1.7M | $1.6M | $1.4M | $55K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $786K, expenses of $774K, and assets of $538K (revenue -3.8% year-over-year).
- 2022: Revenue of $816K, expenses of $744K, and assets of $469K (revenue -17.7% year-over-year).
- 2021: Revenue of $992K, expenses of $1.0M, and assets of $468K (revenue -4.4% year-over-year).
- 2020: Revenue of $1.0M, expenses of $1.1M, and assets of $491K (revenue +10.4% year-over-year).
- 2019: Revenue of $941K, expenses of $1.2M, and assets of $565K (revenue -15.9% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $842K (revenue -24.8% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.6M, and assets of $888K (revenue +1.3% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.6M, and assets of $968K (revenue +22.8% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.5M, and assets of $1.1M (revenue -18.5% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $1.4M (revenue -21.4% year-over-year).
- 2013: Revenue of $1.9M, expenses of $2.0M, and assets of $1.5M (revenue +0.9% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.8M, and assets of $1.6M (revenue +8.6% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Meadowbrook Farm:
Data Sources and Methodology
This transparency report for Meadowbrook Farm 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.