Smith Farm Ltd
EIN: 521977976 · Washington, DC · NTEE: E99
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.9M |
| Net Assets | $2.8M |
Is Smith Farm Ltd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Smith Farm Ltd
Smith Farm Ltd (EIN: 521977976) is a nonprofit organization based in Washington, DC, classified under NTEE code E99. The organization reported total revenue of $2.0M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Smith Farm Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Smith Farm Ltd is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-15,755 |
| Total Assets | $3.2M |
| Total Liabilities | $417K |
| Net Assets | $2.8M |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 13.1% |
| Months of Reserves | 20.6 months |
Financial Health Grade: B
In 2023, Smith Farm Ltd reported a deficit of $16K with expenses exceeding revenue, holds 20.6 months of operating reserves (strong position), has a debt-to-asset ratio of 13.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Smith Farm Ltd's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.0% | +8.2% | +0.9% |
| 2022 | +8.1% | +25.2% | -2.5% |
| 2021 | +10.4% | -0.8% | +20.4% |
| 2020 | -4.1% | +6.6% | +8.6% |
| 2019 | +20.7% | +3.4% | +12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Smith Farm Ltd 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 Smith Farm Ltd 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 13.1%.
Frequently Asked Questions about Smith Farm Ltd
Is Smith Farm Ltd a legitimate charity?
Smith Farm Ltd (EIN: 521977976) is a registered tax-exempt nonprofit based in Washington DC. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. Financial health grade: B.
How does Smith Farm Ltd spend its money?
Smith Farm Ltd reported $2.0M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Smith Farm Ltd tax-deductible?
Smith Farm Ltd is registered as a tax-exempt nonprofit (EIN: 521977976). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Smith Farm Ltd located?
Smith Farm Ltd is headquartered in Washington, Washington DC and files with the IRS under EIN 521977976. It is classified under NTEE code E99.
How many years of IRS 990 filings does Smith Farm Ltd have?
Smith Farm Ltd 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 $2.0M in total revenue.
Filing History
IRS 990 filing history for Smith Farm Ltd showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Smith Farm Ltd's revenue has grown by 56.2%, moving from $1.2M to $1.8M. Total assets increased by 13.5% over the same period, from $2.8M to $3.2M. Total functional expenses rose by 32.9%, from $1.4M to $1.9M. In its most recent filing year (2023), Smith Farm Ltd reported a deficit of $16K, with expenses exceeding revenue. The organization holds $417K in liabilities against $3.2M in assets (debt-to-asset ratio: 13.1%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.9M | $3.2M | $417K | — | View 990 |
| 2022 | $1.8M | $1.7M | $3.2M | $385K | — | View 990 |
| 2021 | $1.7M | $1.4M | $3.2M | $524K | — | View 990 |
| 2020 | $1.5M | $1.4M | $2.7M | $262K | — | View 990 |
| 2019 | $1.6M | $1.3M | $2.5M | $162K | — | View 990 |
| 2018 | $1.3M | $1.3M | $2.2M | $161K | — | View 990 |
| 2017 | $1.7M | $1.4M | $2.2M | $143K | — | View 990 |
| 2016 | $1.2M | $1.2M | $2.3M | $608K | — | View 990 |
| 2015 | $989K | $1.3M | $2.4M | $695K | — | View 990 |
| 2014 | $1.6M | $1.2M | $2.7M | $723K | — | View 990 |
| 2013 | $1.0M | $1.2M | $2.3M | $710K | — | View 990 |
| 2012 | $1.2M | $1.5M | $2.5M | $726K | — | View 990 |
| 2011 | $1.2M | $1.4M | $2.8M | $777K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.9M, and assets of $3.2M (revenue +3.0% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.7M, and assets of $3.2M (revenue +8.1% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.4M, and assets of $3.2M (revenue +10.4% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.4M, and assets of $2.7M (revenue -4.1% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.3M, and assets of $2.5M (revenue +20.7% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $2.2M (revenue -22.8% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.4M, and assets of $2.2M (revenue +41.2% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $2.3M (revenue +19.9% year-over-year).
- 2015: Revenue of $989K, expenses of $1.3M, and assets of $2.4M (revenue -37.3% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.2M, and assets of $2.7M (revenue +56.3% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.2M, and assets of $2.3M (revenue -16.8% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.5M, and assets of $2.5M (revenue +3.0% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.4M, and assets of $2.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Smith Farm Ltd:
Data Sources and Methodology
This transparency report for Smith Farm Ltd 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.