Pennypack Farm Education Center For Sustainable Food Systems
Pennypack Farm shows strong financial growth and zero executive compensation, indicating high efficiency.
EIN: 141864050 · Horsham, PA · NTEE: K022 · Updated: 2026-03-28
Is Pennypack Farm Education Center For Sustainable Food Systems Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pennypack Farm Education Center For Sustainable Food Systems directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pennypack Farm Education Center For Sustainable Food Systems
Pennypack Farm Education Center For Sustainable Food Systems (EIN: 141864050) is a nonprofit organization based in Horsham, PA, classified under NTEE code K022. The organization reported total revenue of $567K and total assets of $787K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pennypack Farm Education Center For Sustainable Food Systems's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pennypack Farm Education Center For Sustainable Food Systems is a small nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $592K |
| Total Expenses | $540K |
| Surplus / Deficit | +$51K |
| Total Assets | $825K |
| Total Liabilities | $167K |
| Net Assets | $658K |
| Operating Margin | 8.7% |
| Debt-to-Asset Ratio | 20.2% |
| Months of Reserves | 18.3 months |
Financial Health Grade: A
In 2023, Pennypack Farm Education Center For Sustainable Food Systems reported a surplus of $51K with revenue exceeding expenses, holds 18.3 months of operating reserves (strong position), has a debt-to-asset ratio of 20.2% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Pennypack Farm Education Center For Sustainable Food Systems's revenue has grown at a compound annual growth rate (CAGR) of 3.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.2% | +8.8% | +6.3% |
| 2022 | +694.2% | +696.8% | +103.8% |
| 2021 | -81.8% | -87.2% | -0.5% |
| 2021 | +36.5% | +21.6% | +1.8% |
| 2020 | -3.3% | +6.0% | +17.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2003 |
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 Pennypack Farm Education Center For Sustainable Food Systems with a Mission Score of 92 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, Pennypack Farm Education Center For Sustainable Food Systems 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 $51K, with revenue exceeding expenses.
- Debt-to-asset ratio: 20.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly favorable for donor confidence and efficient resource allocation.
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.
Strengths
The following positive indicators were identified for Pennypack Farm Education Center For Sustainable Food Systems:
- Consistent reporting of 0% officer compensation, indicating high efficiency.
- Strong asset growth, from $234,504 in 2016 to $824,822 in 2023.
- Consistent operational surpluses, such as $51,413 in 2023 (Revenue $591,774 - Expenses $540,361).
- Healthy balance sheet with liabilities well below assets ($166,831 liabilities vs. $824,822 assets in 2023).
- Significant revenue growth, particularly between 2021 and 2022.
Frequently Asked Questions about Pennypack Farm Education Center For Sustainable Food Systems
Is Pennypack Farm Education Center For Sustainable Food Systems a legitimate charity?
Based on AI analysis of IRS 990 filings, Pennypack Farm Education Center For Sustainable Food Systems (EIN: 141864050) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Pennypack Farm Education Center For Sustainable Food Systems spend its money?
Pennypack Farm Education Center For Sustainable Food Systems directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pennypack Farm Education Center For Sustainable Food Systems tax-deductible?
Pennypack Farm Education Center For Sustainable Food Systems is registered as a tax-exempt nonprofit (EIN: 141864050). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Pennypack Farm a good charity?
Based on the provided financial data, Pennypack Farm appears to be a very good charity. It demonstrates strong financial health, consistent growth in assets and revenue, and a remarkable commitment to efficiency with 0% reported officer compensation.
How has Pennypack Farm's financial health changed over time?
Pennypack Farm has shown significant financial growth, particularly between 2021 and 2022, with revenue increasing from $96,967 to $770,102 and assets growing from $380,862 to $776,154. This trend of growth and consistent surpluses indicates improving financial health.
What is Pennypack Farm's approach to executive compensation?
Pennypack Farm consistently reports 0% officer compensation in its IRS 990 filings, suggesting a highly efficient and potentially volunteer-driven executive leadership structure.
Filing History
IRS 990 filing history for Pennypack Farm Education Center For Sustainable Food Systems showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Pennypack Farm Education Center For Sustainable Food Systems's revenue has grown by 48%, moving from $400K to $592K. Total assets increased by 259.7% over the same period, from $229K to $825K. Total functional expenses rose by 42.2%, from $380K to $540K. In its most recent filing year (2023), Pennypack Farm Education Center For Sustainable Food Systems reported a surplus of $51K, with revenue exceeding expenses. The organization holds $167K in liabilities against $825K in assets (debt-to-asset ratio: 20.2%), resulting in net assets of $658K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $592K | $540K | $825K | $167K | — | — |
| 2022 | $770K | $497K | $776K | $170K | — | View 990 |
| 2021 | $97K | $62K | $381K | $48K | — | View 990 |
| 2021 | $533K | $487K | $383K | $84K | — | View 990 |
| 2020 | $391K | $401K | $376K | $124K | — | View 990 |
| 2019 | $404K | $378K | $319K | $57K | — | View 990 |
| 2018 | $373K | $334K | $280K | $44K | — | View 990 |
| 2017 | $400K | $360K | $251K | $53K | — | View 990 |
| 2016 | $309K | $388K | $235K | $77K | — | View 990 |
| 2015 | $544K | $534K | $327K | $50K | — | View 990 |
| 2014 | $545K | $575K | $325K | $60K | — | View 990 |
| 2013 | $560K | $544K | $373K | $75K | — | View 990 |
| 2012 | $434K | $412K | $274K | $4K | — | View 990 |
| 2011 | $400K | $380K | $229K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $592K, expenses of $540K, and assets of $825K (revenue -23.2% year-over-year).
- 2022: Revenue of $770K, expenses of $497K, and assets of $776K (revenue +694.2% year-over-year).
- 2021: Revenue of $97K, expenses of $62K, and assets of $381K (revenue -81.8% year-over-year).
- 2021: Revenue of $533K, expenses of $487K, and assets of $383K (revenue +36.5% year-over-year).
- 2020: Revenue of $391K, expenses of $401K, and assets of $376K (revenue -3.3% year-over-year).
- 2019: Revenue of $404K, expenses of $378K, and assets of $319K (revenue +8.3% year-over-year).
- 2018: Revenue of $373K, expenses of $334K, and assets of $280K (revenue -6.6% year-over-year).
- 2017: Revenue of $400K, expenses of $360K, and assets of $251K (revenue +29.1% year-over-year).
- 2016: Revenue of $309K, expenses of $388K, and assets of $235K (revenue -43.1% year-over-year).
- 2015: Revenue of $544K, expenses of $534K, and assets of $327K (revenue -0.2% year-over-year).
- 2014: Revenue of $545K, expenses of $575K, and assets of $325K (revenue -2.7% year-over-year).
- 2013: Revenue of $560K, expenses of $544K, and assets of $373K (revenue +29.3% year-over-year).
- 2012: Revenue of $434K, expenses of $412K, and assets of $274K (revenue +8.4% year-over-year).
- 2011: Revenue of $400K, expenses of $380K, and assets of $229K.
Data Sources and Methodology
This transparency report for Pennypack Farm Education Center For Sustainable Food Systems 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.