Skyline Farm
Skyline Farm shows consistent asset growth and no executive compensation, indicating strong financial stewardship.
EIN: 10530955 · Yarmouth, ME · NTEE: A540 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $111K |
| Total Expenses | $36K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $800,000. |
| Net Assets | $743K |
| Transparency Score | 92/100 |
Is Skyline Farm Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Skyline Farm directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Skyline Farm
Skyline Farm (EIN: 10530955) is a nonprofit organization based in Yarmouth, ME, classified under NTEE code A540. The organization reported total revenue of $111K and total assets of $803K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Skyline Farm's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Skyline Farm is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $65K |
| Total Expenses | $36K |
| Surplus / Deficit | +$29K |
| Total Assets | $743K |
| Net Assets | $743K |
| Operating Margin | 44.8% |
| Months of Reserves | 248.1 months |
Financial Health Grade: A
In 2023, Skyline Farm reported a surplus of $29K with revenue exceeding expenses, holds 248.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Skyline Farm's revenue has grown at a compound annual growth rate (CAGR) of 1.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.0% | -0.1% | +5.7% |
| 2022 | -13.3% | +0.8% | -1.4% |
| 2021 | +270.2% | -10.5% | +5.8% |
| 2020 | -59.4% | +7.3% | -2.5% |
| 2019 | +4.8% | +36.4% | +1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
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 Skyline Farm 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: 90%
- fundraising: 0%
According to IRS 990 filings, Skyline Farm allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $29K, with revenue exceeding expenses.
Executive Compensation Analysis
Skyline Farm consistently reports 0% officer compensation across all available filings, indicating a volunteer-led organization. This significantly reduces administrative overhead and allows more funds to be directed towards its mission, especially for an organization with assets over $800,000.
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 Skyline Farm:
- Consistent asset growth, from $666,144 in 2014 to $802,589 currently.
- Zero reported officer compensation across all filings, indicating high operational efficiency.
- No reported liabilities in recent years (since 2015), demonstrating strong financial stability.
- Revenue growth, particularly from $16,751 in 2020 to $111,287 currently, showing increased support.
- Consistent surplus of revenue over expenses in most recent periods, allowing for reinvestment.
Frequently Asked Questions about Skyline Farm
Is Skyline Farm a legitimate charity?
Based on AI analysis of IRS 990 filings, Skyline Farm (EIN: 10530955) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Skyline Farm spend its money?
Skyline Farm directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Skyline Farm tax-deductible?
Skyline Farm is registered as a tax-exempt nonprofit (EIN: 10530955). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Skyline Farm CEO make?
Skyline Farm's highest-compensated officer earns $800,000. annually. The organization reported $111K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Skyline Farm compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Skyline Farm is above average for NTEE category A540 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Skyline Farm located?
Skyline Farm is headquartered in Yarmouth, Maine and files with the IRS under EIN 10530955. It is classified under NTEE code A540.
How many years of IRS 990 filings does Skyline Farm have?
Skyline 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 $111K in total revenue.
Is Skyline Farm a good charity?
Based on the provided financial data, Skyline Farm appears to be a very good charity. It demonstrates strong financial health with growing assets ($802,589), consistent revenue growth, and no reported liabilities in recent years. The absence of executive compensation across all filings is a significant positive indicator of efficiency and dedication to its mission.
How has Skyline Farm's financial health changed over time?
Skyline Farm's financial health has steadily improved. Assets have grown from $666,144 in 2014 to $802,589 currently. Revenue has also shown a positive trend, particularly in recent years, increasing from $16,751 in 2020 to $65,015 in 2023 (latest filing period) and $111,287 currently. Expenses have remained relatively stable, contributing to consistent surpluses and asset accumulation.
What is Skyline Farm's approach to executive compensation?
Skyline Farm has a highly efficient approach to executive compensation, reporting 0% officer compensation in all available IRS 990 filings. This suggests that the organization is primarily run by volunteers, which significantly reduces administrative costs and maximizes the funds available for its programs.
Filing History
IRS 990 filing history for Skyline Farm showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Skyline Farm's revenue has grown by 18.5%, moving from $55K to $65K. Total assets increased by 15.6% over the same period, from $642K to $743K. Total functional expenses fell by 35.6%, from $56K to $36K. In its most recent filing year (2023), Skyline Farm reported a surplus of $29K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $65K | $36K | $743K | $0 | — | — |
| 2022 | $54K | $36K | $703K | $0 | — | View 990 |
| 2021 | $62K | $36K | $713K | $0 | — | View 990 |
| 2020 | $17K | $40K | $673K | $0 | — | — |
| 2019 | $41K | $37K | $691K | $0 | — | View 990 |
| 2018 | $39K | $27K | $683K | $0 | — | View 990 |
| 2017 | $38K | $26K | $665K | $0 | — | View 990 |
| 2016 | $41K | $34K | $648K | $0 | — | View 990 |
| 2015 | $43K | $34K | $664K | $23K | — | View 990 |
| 2014 | $35K | $33K | $666K | $34K | — | View 990 |
| 2013 | $41K | $37K | $675K | $44K | — | View 990 |
| 2012 | $43K | $51K | $680K | $54K | — | View 990 |
| 2011 | $55K | $56K | $642K | $64K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $65K, expenses of $36K, and assets of $743K (revenue +21.0% year-over-year).
- 2022: Revenue of $54K, expenses of $36K, and assets of $703K (revenue -13.3% year-over-year).
- 2021: Revenue of $62K, expenses of $36K, and assets of $713K (revenue +270.2% year-over-year).
- 2020: Revenue of $17K, expenses of $40K, and assets of $673K (revenue -59.4% year-over-year).
- 2019: Revenue of $41K, expenses of $37K, and assets of $691K (revenue +4.8% year-over-year).
- 2018: Revenue of $39K, expenses of $27K, and assets of $683K (revenue +4.4% year-over-year).
- 2017: Revenue of $38K, expenses of $26K, and assets of $665K (revenue -8.5% year-over-year).
- 2016: Revenue of $41K, expenses of $34K, and assets of $648K (revenue -4.2% year-over-year).
- 2015: Revenue of $43K, expenses of $34K, and assets of $664K (revenue +22.2% year-over-year).
- 2014: Revenue of $35K, expenses of $33K, and assets of $666K (revenue -14.7% year-over-year).
- 2013: Revenue of $41K, expenses of $37K, and assets of $675K (revenue -4.7% year-over-year).
- 2012: Revenue of $43K, expenses of $51K, and assets of $680K (revenue -21.3% year-over-year).
- 2011: Revenue of $55K, expenses of $56K, and assets of $642K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Skyline Farm:
Data Sources and Methodology
This transparency report for Skyline 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.