Star Gazing Farm Inc
Star Gazing Farm Inc shows stable finances with volunteer leadership, though 2023 saw a slight operating deficit.
EIN: 200882587 · Boyds, MD · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $242K |
| Total Expenses | $192K |
| Program Spending | 80% |
| Net Assets | $97K |
| Transparency Score | 85/100 |
Is Star Gazing Farm Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Star Gazing Farm Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Star Gazing Farm Inc
Star Gazing Farm Inc (EIN: 200882587) is a nonprofit organization based in Boyds, MD. The organization reported total revenue of $242K and total assets of $135K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Star Gazing Farm Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Star Gazing Farm Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $192K |
| Surplus / Deficit | $-9,320 |
| Total Assets | $98K |
| Total Liabilities | $773 |
| Net Assets | $97K |
| Operating Margin | -5.1% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 6.1 months |
Financial Health Grade: B
In 2023, Star Gazing Farm Inc reported a deficit of $9K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Star Gazing Farm Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.3% | +23.1% | -10.2% |
| 2022 | -2.7% | +4.3% | +7.5% |
| 2021 | +16.4% | +9.6% | +19.2% |
| 2020 | -20.2% | -12.8% | +7.9% |
| 2019 | +37.3% | +23.9% | +38.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Star Gazing Farm Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Star Gazing Farm Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership operates on a volunteer basis, which is commendable for a nonprofit of this size and helps maximize funds for its mission.
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 Star Gazing Farm Inc's IRS 990 filings:
- Slight operating deficit in the most recent fiscal year (2023), with expenses exceeding revenue by $9,320.
Strengths
The following positive indicators were identified for Star Gazing Farm Inc:
- Consistent IRS 990 filing history (14 filings) demonstrating transparency.
- 0% officer compensation across all reported periods, indicating volunteer leadership and efficient use of funds.
- General growth in assets over the past decade, from $37,063 in 2014 to $97,566 in 2023.
- Revenue has shown a positive long-term trend, indicating sustained donor support.
- Low liabilities relative to assets, suggesting good financial management.
Frequently Asked Questions about Star Gazing Farm Inc
Is Star Gazing Farm Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Star Gazing Farm Inc (EIN: 200882587) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Star Gazing Farm Inc spend its money?
Star Gazing Farm Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Star Gazing Farm Inc tax-deductible?
Star Gazing Farm Inc is registered as a tax-exempt nonprofit (EIN: 200882587). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Star Gazing Farm Inc's spending goes to programs?
Star Gazing Farm Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Star Gazing Farm Inc located?
Star Gazing Farm Inc is headquartered in Boyds, Maryland and files with the IRS under EIN 200882587.
How many years of IRS 990 filings does Star Gazing Farm Inc have?
Star Gazing Farm Inc has 14 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 $242K in total revenue.
Is Star Gazing Farm Inc a good charity?
Based on the available data, Star Gazing Farm Inc appears to be a good charity. It has a consistent filing history, volunteer leadership (0% officer compensation), and generally stable finances with growing assets over time. Its program focus is likely high given the lack of paid executives.
How has Star Gazing Farm Inc's revenue trended over the past decade?
Star Gazing Farm Inc has shown a positive revenue trend over the past decade, growing from $85,316 in 2014 to $182,220 in 2023, indicating increasing support for its operations.
What is the organization's financial stability like?
The organization's financial stability is generally good, with assets growing from $37,063 in 2014 to $97,566 in 2023. While 2023 showed a slight operating deficit, most prior years had revenues exceeding expenses, and liabilities remain low.
Filing History
IRS 990 filing history for Star Gazing Farm Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Star Gazing Farm Inc's revenue has grown by 256.7%, moving from $51K to $182K. Total assets increased by 207.1% over the same period, from $32K to $98K. Total functional expenses rose by 349.8%, from $43K to $192K. In its most recent filing year (2023), Star Gazing Farm Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $773 in liabilities against $98K in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $97K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $182K | $192K | $98K | $773 | — | — |
| 2022 | $161K | $156K | $109K | $3K | — | View 990 |
| 2021 | $165K | $149K | $101K | $145 | — | View 990 |
| 2020 | $142K | $136K | $85K | $0 | — | View 990 |
| 2019 | $178K | $156K | $79K | $0 | — | View 990 |
| 2018 | $130K | $126K | $57K | $0 | — | View 990 |
| 2017 | $110K | $100K | $53K | $0 | — | View 990 |
| 2016 | $80K | $91K | $43K | $0 | — | View 990 |
| 2015 | $83K | $67K | $54K | $0 | — | View 990 |
| 2014 | $85K | $71K | $37K | $0 | — | View 990 |
| 2013 | $72K | $76K | $23K | $0 | — | View 990 |
| 2012 | $63K | $64K | $27K | $0 | — | View 990 |
| 2011 | $52K | $56K | $28K | $0 | — | View 990 |
| 2010 | $51K | $43K | $32K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $182K, expenses of $192K, and assets of $98K (revenue +13.3% year-over-year).
- 2022: Revenue of $161K, expenses of $156K, and assets of $109K (revenue -2.7% year-over-year).
- 2021: Revenue of $165K, expenses of $149K, and assets of $101K (revenue +16.4% year-over-year).
- 2020: Revenue of $142K, expenses of $136K, and assets of $85K (revenue -20.2% year-over-year).
- 2019: Revenue of $178K, expenses of $156K, and assets of $79K (revenue +37.3% year-over-year).
- 2018: Revenue of $130K, expenses of $126K, and assets of $57K (revenue +18.0% year-over-year).
- 2017: Revenue of $110K, expenses of $100K, and assets of $53K (revenue +36.5% year-over-year).
- 2016: Revenue of $80K, expenses of $91K, and assets of $43K (revenue -3.6% year-over-year).
- 2015: Revenue of $83K, expenses of $67K, and assets of $54K (revenue -2.2% year-over-year).
- 2014: Revenue of $85K, expenses of $71K, and assets of $37K (revenue +19.1% year-over-year).
- 2013: Revenue of $72K, expenses of $76K, and assets of $23K (revenue +14.0% year-over-year).
- 2012: Revenue of $63K, expenses of $64K, and assets of $27K (revenue +21.0% year-over-year).
- 2011: Revenue of $52K, expenses of $56K, and assets of $28K (revenue +1.6% year-over-year).
- 2010: Revenue of $51K, expenses of $43K, and assets of $32K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Star Gazing Farm Inc:
Data Sources and Methodology
This transparency report for Star Gazing Farm Inc 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.