Strong Family Farm Inc
EIN: 462841985 · Vernon Rockvl, CT · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $203K |
| Total Expenses | $65K |
| Net Assets | $386K |
Is Strong Family Farm Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Strong Family Farm Inc
Strong Family Farm Inc (EIN: 462841985) is a nonprofit organization based in Vernon Rockvl, CT, classified under NTEE code B99. The organization reported total revenue of $203K and total assets of $508K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Strong Family Farm Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Strong Family Farm Inc is a small nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2017–2024). Revenue has grown at a compound annual rate of -7.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $66K |
| Total Expenses | $65K |
| Surplus / Deficit | +$1K |
| Total Assets | $396K |
| Total Liabilities | $10K |
| Net Assets | $386K |
| Operating Margin | 2.0% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 73.2 months |
Financial Health Grade: A
In 2024, Strong Family Farm Inc reported a surplus of $1K with revenue exceeding expenses, holds 73.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2024), Strong Family Farm Inc's revenue has declined at a compound annual growth rate (CAGR) of -7.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -41.8% | -18.8% | +11.3% |
| 2023 | +103.6% | +50.7% | +7.3% |
| 2022 | -0.6% | +1.2% | +2.4% |
| 2021 | -76.1% | -43.7% | +1.3% |
| 2020 | +304.8% | +20.3% | +724.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Strong Family Farm Inc 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 Strong Family Farm Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Frequently Asked Questions about Strong Family Farm Inc
Is Strong Family Farm Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Strong Family Farm Inc (EIN: 462841985) insufficient data. 0 red flags identified, 0 strengths noted.
How does Strong Family Farm Inc spend its money?
Detailed spending breakdown data is not yet available for Strong Family Farm Inc. Check back for updated IRS 990 analysis.
Are donations to Strong Family Farm Inc tax-deductible?
Strong Family Farm Inc is registered as a tax-exempt nonprofit (EIN: 462841985). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Strong Family Farm Inc located?
Strong Family Farm Inc is headquartered in Vernon Rockvl, Connecticut and files with the IRS under EIN 462841985. It is classified under NTEE code B99.
How many years of IRS 990 filings does Strong Family Farm Inc have?
Strong Family Farm Inc 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 $203K in total revenue.
Filing History
IRS 990 filing history for Strong Family Farm Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2024), Strong Family Farm Inc's revenue has declined by 43.6%, moving from $117K to $66K. Total assets increased by 409.8% over the same period, from $78K to $396K. Total functional expenses fell by 17.9%, from $79K to $65K. In its most recent filing year (2024), Strong Family Farm Inc reported a surplus of $1K, with revenue exceeding expenses. The organization holds $10K in liabilities against $396K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $386K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $66K | $65K | $396K | $10K | — | — |
| 2023 | $114K | $80K | $356K | $0 | — | — |
| 2022 | $56K | $53K | $332K | $0 | — | View 990 |
| 2021 | $56K | $52K | $324K | $649 | — | — |
| 2020 | $235K | $93K | $320K | $0 | — | View 990 |
| 2019 | $58K | $77K | $39K | $656 | — | View 990 |
| 2017 | $117K | $79K | $78K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $66K, expenses of $65K, and assets of $396K (revenue -41.8% year-over-year).
- 2023: Revenue of $114K, expenses of $80K, and assets of $356K (revenue +103.6% year-over-year).
- 2022: Revenue of $56K, expenses of $53K, and assets of $332K (revenue -0.6% year-over-year).
- 2021: Revenue of $56K, expenses of $52K, and assets of $324K (revenue -76.1% year-over-year).
- 2020: Revenue of $235K, expenses of $93K, and assets of $320K (revenue +304.8% year-over-year).
- 2019: Revenue of $58K, expenses of $77K, and assets of $39K (revenue -50.5% year-over-year).
- 2017: Revenue of $117K, expenses of $79K, and assets of $78K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Strong Family Farm Inc:
Data Sources and Methodology
This transparency report for Strong Family 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.