Scott Farrar Home
Scott Farrar Home maintains stable assets and high liabilities, consistently reporting zero officer compensation.
EIN: 20241739 · Peterborough, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.7M |
| Total Expenses | $5.6M |
| Program Spending | 85% |
| Net Assets | $4.2M |
| Transparency Score | 75/100 |
Is Scott Farrar Home Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Scott Farrar Home directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Scott Farrar Home
Scott Farrar Home (EIN: 20241739) is a nonprofit organization based in Peterborough, NH. The organization reported total revenue of $7.7M and total assets of $20.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scott Farrar Home's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scott Farrar Home is a mid-size nonprofit that has been operating for 57 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.5M |
| Total Expenses | $5.6M |
| Surplus / Deficit | $-49,004 |
| Total Assets | $20.3M |
| Total Liabilities | $16.1M |
| Net Assets | $4.2M |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 79.4% |
| Months of Reserves | 43.6 months |
Financial Health Grade: C
In 2023, Scott Farrar Home reported a deficit of $49K with expenses exceeding revenue, holds 43.6 months of operating reserves (strong position), has a debt-to-asset ratio of 79.4% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Scott Farrar Home's revenue has grown at a compound annual growth rate (CAGR) of 17.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.8% | +5.3% | -1.9% |
| 2022 | +36.2% | +1.9% | -4.1% |
| 2021 | -17.1% | +0.0% | -3.8% |
| 2020 | +3.2% | +7.5% | +0.2% |
| 2019 | +7002.7% | +803.8% | -4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1969 |
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 Scott Farrar Home with a Mission Score of 75 out of 100 (Good). 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, Scott Farrar Home 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 deficit of $49K, with expenses exceeding revenue.
- Debt-to-asset ratio: 79.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that either no officers receive compensation or their compensation is reported under other expense categories, which enhances perceived efficiency but warrants clarification for complete transparency.
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 Scott Farrar Home's IRS 990 filings:
- High liability-to-asset ratio (e.g., $16.1M liabilities vs. $20.3M assets in 202310), indicating significant debt or obligations.
- Unexplained major financial event between 2014 and 2015, with assets increasing from $7.1M to $23.5M and liabilities from $0.3M to $17.3M.
- Consistent reporting of 0% officer compensation, which may obscure actual executive compensation if reported elsewhere.
Strengths
The following positive indicators were identified for Scott Farrar Home:
- Substantial and stable asset base, consistently over $20 million in recent years (e.g., $20,326,704 in 202310), providing financial backing.
- Generally covers expenses with revenue in most recent periods, indicating sound operational management.
- Long filing history (10 filings) suggests established operations and compliance with reporting requirements.
Frequently Asked Questions about Scott Farrar Home
Is Scott Farrar Home a legitimate charity?
Scott Farrar Home (EIN: 20241739) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $7.7M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Scott Farrar Home spend its money?
Scott Farrar Home directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Scott Farrar Home tax-deductible?
Scott Farrar Home is registered as a tax-exempt nonprofit (EIN: 20241739). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Scott Farrar Home's spending goes to programs?
Scott Farrar Home directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Scott Farrar Home located?
Scott Farrar Home is headquartered in Peterborough, New Hampshire and files with the IRS under EIN 20241739.
How many years of IRS 990 filings does Scott Farrar Home have?
Scott Farrar Home 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 $7.7M in total revenue.
What is the nature of Scott Farrar Home's significant liabilities, which consistently exceed $16 million?
The IRS 990 data indicates liabilities consistently in the $16-17 million range in recent years (e.g., $16,145,157 in 202310, $16,590,026 in 202210). Understanding the specific types of these liabilities (e.g., mortgages, bonds, program-related debt) is crucial for assessing financial risk and long-term stability.
What caused the substantial increase in assets and liabilities between 2014 and 2015?
Between 201410 and 201510, assets jumped from $7,192,560 to $23,537,398, and liabilities from $312,529 to $17,334,946. This significant financial event likely involved a major acquisition, capital project, or restructuring, which would profoundly impact the organization's financial structure and mission delivery.
How does Scott Farrar Home sustain operations with reported 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size with over $5 million in annual expenses. It raises questions about how executive leadership is compensated, if at all, or if compensation is categorized differently within the 990, impacting the true administrative cost.
What is the organization's NTEE code and primary program focus?
The NTEE code is unknown from the provided data. Understanding the specific NTEE code and the organization's primary program activities is essential to evaluate its effectiveness and impact relative to its stated mission and financial expenditures.
Filing History
IRS 990 filing history for Scott Farrar Home showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Scott Farrar Home's revenue has grown by 562.2%, moving from $837K to $5.5M. Total assets increased by 188.4% over the same period, from $7.0M to $20.3M. Total functional expenses rose by 419.2%, from $1.1M to $5.6M. In its most recent filing year (2023), Scott Farrar Home reported a deficit of $49K, with expenses exceeding revenue. The organization holds $16.1M in liabilities against $20.3M in assets (debt-to-asset ratio: 79.4%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.5M | $5.6M | $20.3M | $16.1M | — | View 990 |
| 2022 | $5.9M | $5.3M | $20.7M | $16.6M | — | View 990 |
| 2021 | $4.3M | $5.2M | $21.6M | $17.0M | — | View 990 |
| 2020 | $5.2M | $5.2M | $22.5M | $17.5M | — | — |
| 2019 | $5.1M | $4.8M | $22.4M | $17.4M | — | View 990 |
| 2015 | $71K | $536K | $23.5M | $17.3M | — | View 990 |
| 2014 | $867K | $1.4M | $7.2M | $313K | — | View 990 |
| 2013 | $762K | $1.1M | $7.9M | $101K | — | View 990 |
| 2012 | $1.4M | $1.1M | $7.4M | $309 | — | View 990 |
| 2011 | $837K | $1.1M | $7.0M | $742 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.5M, expenses of $5.6M, and assets of $20.3M (revenue -5.8% year-over-year).
- 2022: Revenue of $5.9M, expenses of $5.3M, and assets of $20.7M (revenue +36.2% year-over-year).
- 2021: Revenue of $4.3M, expenses of $5.2M, and assets of $21.6M (revenue -17.1% year-over-year).
- 2020: Revenue of $5.2M, expenses of $5.2M, and assets of $22.5M (revenue +3.2% year-over-year).
- 2019: Revenue of $5.1M, expenses of $4.8M, and assets of $22.4M (revenue +7002.7% year-over-year).
- 2015: Revenue of $71K, expenses of $536K, and assets of $23.5M (revenue -91.8% year-over-year).
- 2014: Revenue of $867K, expenses of $1.4M, and assets of $7.2M (revenue +13.9% year-over-year).
- 2013: Revenue of $762K, expenses of $1.1M, and assets of $7.9M (revenue -46.5% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.1M, and assets of $7.4M (revenue +70.1% year-over-year).
- 2011: Revenue of $837K, expenses of $1.1M, and assets of $7.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scott Farrar Home:
Data Sources and Methodology
This transparency report for Scott Farrar Home 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.