Stonewall Farm
Stonewall Farm consistently operates at a deficit, drawing down assets over the past decade.
EIN: 20474456 · Keene, NH · NTEE: K20I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $859K |
| Total Expenses | $809K |
| Program Spending | 75% |
| Net Assets | $779K |
| Transparency Score | 65/100 |
Is Stonewall Farm Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Stonewall Farm directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stonewall Farm
Stonewall Farm (EIN: 20474456) is a nonprofit organization based in Keene, NH, classified under NTEE code K20I. The organization reported total revenue of $859K and total assets of $654K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stonewall Farm's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stonewall Farm is a small nonprofit that has been operating for 29 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $685K |
| Total Expenses | $809K |
| Surplus / Deficit | $-124,242 |
| Total Assets | $1.4M |
| Total Liabilities | $584K |
| Net Assets | $779K |
| Operating Margin | -18.1% |
| Debt-to-Asset Ratio | 42.9% |
| Months of Reserves | 20.2 months |
Financial Health Grade: B
In 2020, Stonewall Farm reported a deficit of $124K with expenses exceeding revenue, holds 20.2 months of operating reserves (strong position), has a debt-to-asset ratio of 42.9% (moderate leverage).
Financial Trends
Over 7 years of filings (2011–2020), Stonewall Farm's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +14.1% | -4.0% | +1.8% |
| 2019 | -30.9% | -15.3% | -28.1% |
| 2015 | +10.9% | -1.3% | -7.0% |
| 2014 | +10.4% | +6.4% | -8.1% |
| 2013 | -7.4% | +5.7% | -9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Stonewall Farm with a Mission Score of 65 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Stonewall Farm allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $124K, with expenses exceeding revenue.
- Debt-to-asset ratio: 42.9%.
Executive Compensation Analysis
Stonewall Farm reports 0% officer compensation across all available filings, indicating that no compensation was paid to officers, directors, trustees, or key employees, which is a strong positive for minimizing executive overhead.
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 Stonewall Farm's IRS 990 filings:
- Consistent operational deficits (expenses exceeding revenue) across multiple years, e.g., $809,246 expenses vs. $685,004 revenue in 2020.
- Significant decline in total assets from $2,496,000 in 2011 to $1,362,627 in 2020, indicating a draw-down of reserves.
- Liabilities have increased from $260,814 in 2011 to $583,938 in 2020, suggesting increased debt or deferred obligations.
Strengths
The following positive indicators were identified for Stonewall Farm:
- 0% officer compensation reported across all available filings, indicating no executive compensation paid.
- Long history of IRS 990 filings (7 filings), suggesting a commitment to transparency in reporting.
Frequently Asked Questions about Stonewall Farm
Is Stonewall Farm a legitimate charity?
Stonewall Farm (EIN: 20474456) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 65/100. It has 7 years of IRS 990 filings on record. Total revenue: $859K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Stonewall Farm spend its money?
Stonewall Farm directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Stonewall Farm tax-deductible?
Stonewall Farm is registered as a tax-exempt nonprofit (EIN: 20474456). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Stonewall Farm's spending goes to programs?
Stonewall Farm directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Stonewall Farm compare to similar nonprofits?
With a transparency score of 65/100 (Good), Stonewall Farm is above average for NTEE category K20I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Stonewall Farm located?
Stonewall Farm is headquartered in Keene, New Hampshire and files with the IRS under EIN 20474456. It is classified under NTEE code K20I.
How many years of IRS 990 filings does Stonewall Farm have?
Stonewall Farm has 7 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 $859K in total revenue.
Is Stonewall Farm financially sustainable given its consistent operational deficits?
The organization has consistently reported expenses exceeding revenue, such as $809,246 in expenses vs. $685,004 in revenue in 2020. This trend suggests potential long-term sustainability challenges if not addressed.
What is the reason for the significant decline in assets from $2.49 million in 2011 to $1.36 million in 2020?
The consistent operational deficits, where expenses exceed revenue, likely contribute to the decline in assets as the organization may be using its reserves to cover costs. For instance, in 2015, expenses were $994,997 against revenues of $868,645.
How does Stonewall Farm plan to address its recurring revenue shortfalls?
The provided data does not detail specific strategies, but the consistent pattern of expenses exceeding revenue (e.g., $842,561 expenses vs. $600,182 revenue in 2019) indicates a need for either increased fundraising or reduced spending.
Filing History
IRS 990 filing history for Stonewall Farm showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), Stonewall Farm's revenue has declined by 5.1%, moving from $722K to $685K. Total assets decreased by 45.4% over the same period, from $2.5M to $1.4M. Total functional expenses fell by 19.9%, from $1.0M to $809K. In its most recent filing year (2020), Stonewall Farm reported a deficit of $124K, with expenses exceeding revenue. The organization holds $584K in liabilities against $1.4M in assets (debt-to-asset ratio: 42.9%), resulting in net assets of $779K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $685K | $809K | $1.4M | $584K | — | View 990 |
| 2019 | $600K | $843K | $1.3M | $435K | — | View 990 |
| 2015 | $869K | $995K | $1.9M | $345K | — | View 990 |
| 2014 | $783K | $1.0M | $2.0M | $360K | — | View 990 |
| 2013 | $709K | $947K | $2.2M | $312K | — | View 990 |
| 2012 | $766K | $896K | $2.4M | $297K | — | View 990 |
| 2011 | $722K | $1.0M | $2.5M | $261K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $685K, expenses of $809K, and assets of $1.4M (revenue +14.1% year-over-year).
- 2019: Revenue of $600K, expenses of $843K, and assets of $1.3M (revenue -30.9% year-over-year).
- 2015: Revenue of $869K, expenses of $995K, and assets of $1.9M (revenue +10.9% year-over-year).
- 2014: Revenue of $783K, expenses of $1.0M, and assets of $2.0M (revenue +10.4% year-over-year).
- 2013: Revenue of $709K, expenses of $947K, and assets of $2.2M (revenue -7.4% year-over-year).
- 2012: Revenue of $766K, expenses of $896K, and assets of $2.4M (revenue +6.1% year-over-year).
- 2011: Revenue of $722K, expenses of $1.0M, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stonewall Farm:
Data Sources and Methodology
This transparency report for Stonewall 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.