The Appel Farm Arts And Music Center
Appel Farm Arts and Music Center: Navigating Financial Shifts Amidst Artistic Mission
EIN: 222235002 · Elmer, NJ · NTEE: A20 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $2.6M |
| Program Spending | 75% |
| Net Assets | $3.0M |
| Transparency Score | 85/100 |
Is The Appel Farm Arts And Music Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Appel Farm Arts And Music Center directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Appel Farm Arts And Music Center
The Appel Farm Arts And Music Center (EIN: 222235002) is a nonprofit organization based in Elmer, NJ, classified under NTEE code A20. The organization reported total revenue of $2.3M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Appel Farm Arts And Music Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Appel Farm Arts And Music Center is a mid-size nonprofit that has been operating for 45 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-114,589 |
| Total Assets | $4.3M |
| Total Liabilities | $1.3M |
| Net Assets | $3.0M |
| Operating Margin | -4.6% |
| Debt-to-Asset Ratio | 29.6% |
| Months of Reserves | 19.5 months |
Financial Health Grade: B
In 2023, The Appel Farm Arts And Music Center reported a deficit of $115K with expenses exceeding revenue, holds 19.5 months of operating reserves (strong position), has a debt-to-asset ratio of 29.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Appel Farm Arts And Music Center's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.1% | +2.1% | -10.1% |
| 2022 | -19.8% | +7.4% | -5.7% |
| 2021 | +130.4% | +23.2% | +19.0% |
| 2020 | -48.0% | -29.9% | -1.3% |
| 2019 | -1.4% | +6.6% | -1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1981 |
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 The Appel Farm Arts And Music Center 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: 75%
- fundraising: 10%
According to IRS 990 filings, The Appel Farm Arts And Music Center 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $115K, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.6%.
Executive Compensation Analysis
Specific executive compensation details are not itemized in the provided 990-EZ data, making a precise assessment difficult beyond the general 'salaries and wages' category.
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 The Appel Farm Arts And Music Center's IRS 990 filings:
- Total expenses exceeded total revenue in 2023 ($2,629,464 vs $2,514,875), 2022 ($2,574,693 vs $2,705,675), and 2020 ($1,946,097 vs $1,464,515), indicating potential operational deficits in those years.
- Liabilities have shown an increasing trend from $1,266,691 in 2023 to $2,361,256 in 2020, which could signal growing financial obligations.
Strengths
The following positive indicators were identified for The Appel Farm Arts And Music Center:
- The organization consistently maintains a substantial asset base, with assets ranging from $3,763,623 to $5,044,013 over the past several years, providing a buffer against financial fluctuations.
- Despite revenue fluctuations, the organization has consistently delivered its mission, as evidenced by sustained operational expenses over many years.
- The organization has demonstrated resilience, recovering from a significant revenue dip in 2020 ($1,464,515) to higher levels in subsequent years.
Frequently Asked Questions about The Appel Farm Arts And Music Center
Is The Appel Farm Arts And Music Center a legitimate charity?
Based on AI analysis of IRS 990 filings, The Appel Farm Arts And Music Center (EIN: 222235002) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does The Appel Farm Arts And Music Center spend its money?
The Appel Farm Arts And Music Center directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Appel Farm Arts And Music Center tax-deductible?
The Appel Farm Arts And Music Center is registered as a tax-exempt nonprofit (EIN: 222235002). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Appel Farm Arts And Music Center's spending goes to programs?
The Appel Farm Arts And Music Center directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Appel Farm Arts And Music Center compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), The Appel Farm Arts And Music Center is above average for NTEE category A20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Appel Farm Arts And Music Center located?
The Appel Farm Arts And Music Center is headquartered in Elmer, New Jersey and files with the IRS under EIN 222235002. It is classified under NTEE code A20.
How many years of IRS 990 filings does The Appel Farm Arts And Music Center have?
The Appel Farm Arts And Music Center 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 $2.3M in total revenue.
What does The Appel Farm Arts And Music Center do?
The Appel Farm Arts And Music Center is a nonprofit organization in the Arts, Culture & Humanities sector, located in Elmer, New Jersey. It is classified under NTEE code A20.
How much revenue does The Appel Farm Arts And Music Center have?
The Appel Farm Arts And Music Center reported total revenue of $2,295,031. Based on 13 IRS 990 filings on record.
What are The Appel Farm Arts And Music Center's total assets?
The Appel Farm Arts And Music Center holds total assets of $4,019,672 as reported in IRS 990 filings.
Where is The Appel Farm Arts And Music Center located?
The Appel Farm Arts And Music Center is based in Elmer, New Jersey.
What is The Appel Farm Arts And Music Center's EIN?
The Appel Farm Arts And Music Center's Employer Identification Number (EIN) is 222235002. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Appel Farm Arts And Music Center?
The Appel Farm Arts And Music Center is classified under NTEE code A20 (Arts, Culture & Humanities).
Is The Appel Farm Arts And Music Center a registered 501(c)(3)?
Yes, The Appel Farm Arts And Music Center is recognized as a tax-exempt organization by the IRS. EIN: 222235002.
Does The Appel Farm Arts And Music Center file IRS Form 990?
Yes, The Appel Farm Arts And Music Center has 13 IRS Form 990 filings on record. The most recent covers tax period 202309.
What was The Appel Farm Arts And Music Center's revenue in 2023?
In the 202309 filing period, The Appel Farm Arts And Music Center reported total revenue of $2,514,875, total expenses of $2,629,464, and net assets of $4,276,556.
Is The Appel Farm Arts And Music Center's revenue growing or declining?
The Appel Farm Arts And Music Center's revenue is declining. Revenue went from $2,705,675 (202209) to $2,514,875 (202309), a -7.1% change. Based on 13 filings on record.
What is The Appel Farm Arts And Music Center's most recent 990 filing?
The most recent IRS Form 990 filing for The Appel Farm Arts And Music Center covers tax period 202309. It shows revenue of $2,514,875, expenses of $2,629,464, total assets of $4,276,556, and liabilities of $1,266,691.
How much does The Appel Farm Arts And Music Center spend on programs vs administration?
Based on IRS 990 analysis, The Appel Farm Arts And Music Center allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is The Appel Farm Arts And Music Center a trustworthy charity?
Based on AI analysis of IRS 990 data, The Appel Farm Arts And Music Center appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for The Appel Farm Arts And Music Center?
The following concerns were identified: Total expenses exceeded total revenue in 2023 ($2,629,464 vs $2,514,875), 2022 ($2,574,693 vs $2,705,675), and 2020 ($1,946,097 vs $1,464,515), indicating potential operational deficits in those years.. Liabilities have shown an increasing trend from $1,266,691 in 2023 to $2,361,256 in 2020, which could signal growing financial obligations.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Appel Farm Arts And Music Center's strengths?
Positive indicators for The Appel Farm Arts And Music Center include: The organization consistently maintains a substantial asset base, with assets ranging from $3,763,623 to $5,044,013 over the past several years, providing a buffer against financial fluctuations.. Despite revenue fluctuations, the organization has consistently delivered its mission, as evidenced by sustained operational expenses over many years.. The organization has demonstrated resilience, recovering from a significant revenue dip in 2020 ($1,464,515) to higher levels in subsequent years.. These findings are derived from AI analysis of the organization's financial filings.
How does The Appel Farm Arts And Music Center compensate executives?
Specific executive compensation details are not itemized in the provided 990-EZ data, making a precise assessment difficult beyond the general 'salaries and wages' category. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is The Appel Farm Arts And Music Center?
- The organization's 990-EZ filings indicate a consistent commitment to program services, with program expenses typically representing a significant portion of total expenses. - Transparency regarding specific executive compensation figures is limited in the provided 990-EZ data, which often aggregates salaries and wages. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How has the organization managed to sustain its operations and mission delivery despite periods where expenses exceeded revenue, such as in 2023 and 2020?
The organization likely utilized its substantial asset base, which has consistently been over $3.7 million, or drew upon reserves to cover operational deficits in years where expenses outpaced revenue. This suggests a degree of financial planning and stability despite year-to-year fluctuations.
What factors might be contributing to the observed increase in liabilities over the past few years, and how might this impact future financial stability?
The increase in liabilities from $1,266,691 in 2023 to $2,361,256 in 2020 could be due to various factors such as new program investments, capital expenditures, or increased debt. While not immediately alarming given the asset base, a continued upward trend without corresponding asset growth or revenue increases could pose future financial challenges.
Filing History
IRS 990 filing history for The Appel Farm Arts And Music Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Appel Farm Arts And Music Center's revenue has declined by 18.9%, moving from $3.1M to $2.5M. Total assets decreased by 9.1% over the same period, from $4.7M to $4.3M. Total functional expenses fell by 23.6%, from $3.4M to $2.6M. In its most recent filing year (2023), The Appel Farm Arts And Music Center reported a deficit of $115K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $4.3M in assets (debt-to-asset ratio: 29.6%), resulting in net assets of $3.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.6M | $4.3M | $1.3M | — | View 990 |
| 2022 | $2.7M | $2.6M | $4.8M | $1.6M | — | View 990 |
| 2021 | $3.4M | $2.4M | $5.0M | $2.1M | — | View 990 |
| 2020 | $1.5M | $1.9M | $4.2M | $2.4M | — | View 990 |
| 2019 | $2.8M | $2.8M | $4.3M | $1.9M | — | View 990 |
| 2018 | $2.9M | $2.6M | $4.3M | $1.8M | — | View 990 |
| 2017 | $2.6M | $2.3M | $4.0M | $1.8M | — | View 990 |
| 2016 | $2.4M | $2.4M | $3.8M | $1.9M | — | View 990 |
| 2015 | $2.5M | $2.2M | $3.8M | $1.9M | — | View 990 |
| 2014 | $2.3M | $2.4M | $4.1M | $2.6M | — | View 990 |
| 2013 | $3.0M | $3.5M | $4.2M | $2.6M | — | View 990 |
| 2012 | $2.9M | $3.4M | $4.6M | $2.6M | — | View 990 |
| 2011 | $3.1M | $3.4M | $4.7M | $2.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.6M, and assets of $4.3M (revenue -7.1% year-over-year).
- 2022: Revenue of $2.7M, expenses of $2.6M, and assets of $4.8M (revenue -19.8% year-over-year).
- 2021: Revenue of $3.4M, expenses of $2.4M, and assets of $5.0M (revenue +130.4% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.9M, and assets of $4.2M (revenue -48.0% year-over-year).
- 2019: Revenue of $2.8M, expenses of $2.8M, and assets of $4.3M (revenue -1.4% year-over-year).
- 2018: Revenue of $2.9M, expenses of $2.6M, and assets of $4.3M (revenue +11.9% year-over-year).
- 2017: Revenue of $2.6M, expenses of $2.3M, and assets of $4.0M (revenue +7.8% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.4M, and assets of $3.8M (revenue -4.1% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.2M, and assets of $3.8M (revenue +8.0% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.4M, and assets of $4.1M (revenue -24.3% year-over-year).
- 2013: Revenue of $3.0M, expenses of $3.5M, and assets of $4.2M (revenue +2.8% year-over-year).
- 2012: Revenue of $2.9M, expenses of $3.4M, and assets of $4.6M (revenue -5.2% year-over-year).
- 2011: Revenue of $3.1M, expenses of $3.4M, and assets of $4.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Appel Farm Arts And Music Center:
Data Sources and Methodology
This transparency report for The Appel Farm Arts And Music Center 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.