The Farm School Inc
The Farm School Inc: Strong Program Spending, Limited Transparency
EIN: 222959081 · Athol, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $3.3M |
| Total Expenses | $2.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $70,000 |
| Net Assets | $2.9M |
| Transparency Score | 85/100 |
Is The Farm School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Farm School Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Farm School Inc
The Farm School Inc (EIN: 222959081) is a nonprofit organization based in Athol, MA. The organization reported total revenue of $3.3M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Farm School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Farm School Inc is a mid-size nonprofit that has been operating for 37 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$409K |
| Total Assets | $3.4M |
| Total Liabilities | $520K |
| Net Assets | $2.9M |
| Operating Margin | 15.5% |
| Debt-to-Asset Ratio | 15.4% |
| Months of Reserves | 18.2 months |
Financial Health Grade: A
In 2023, The Farm School Inc reported a surplus of $409K with revenue exceeding expenses, holds 18.2 months of operating reserves (strong position), has a debt-to-asset ratio of 15.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Farm School Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +52.7% | +0.6% | +36.5% |
| 2022 | -11.2% | +46.5% | -16.6% |
| 2021 | +4.9% | +4.1% | +17.9% |
| 2020 | +8.2% | -19.6% | +14.1% |
| 2019 | -11.1% | -4.2% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1989 |
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 Farm School 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The Farm School Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 surplus of $409K, with revenue exceeding expenses.
- Debt-to-asset ratio: 15.4%.
Executive Compensation Analysis
Executive compensation appears reasonable, with the highest paid individual receiving $70,000 in 2023, which is appropriate for an organization of this size and 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 The Farm School Inc's IRS 990 filings:
- Lack of detailed program outcome reporting makes it difficult to assess direct impact.
- The organization consistently reports zero lobbying expenses, which may indicate limited advocacy efforts for their mission.
Strengths
The following positive indicators were identified for The Farm School Inc:
- Consistently high percentage of expenses dedicated to program services (85% in 2023).
- Healthy asset growth from $2.2 million in 2019 to $4.1 million in 2023.
- Positive net assets reported across all available years, indicating financial stability.
Frequently Asked Questions about The Farm School Inc
Is The Farm School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Farm School Inc (EIN: 222959081) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does The Farm School Inc spend its money?
The Farm School Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Farm School Inc tax-deductible?
The Farm School Inc is registered as a tax-exempt nonprofit (EIN: 222959081). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Farm School Inc CEO make?
The Farm School Inc's highest-compensated officer earns $70,000 annually. The organization reported $3.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Farm School Inc's spending goes to programs?
The Farm School Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is The Farm School Inc located?
The Farm School Inc is headquartered in Athol, Massachusetts and files with the IRS under EIN 222959081.
How many years of IRS 990 filings does The Farm School Inc have?
The Farm School Inc 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 $3.3M in total revenue.
What does The Farm School Inc do?
The Farm School Inc is a nonprofit organization in the Unknown sector, located in Athol, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does The Farm School Inc have?
The Farm School Inc reported total revenue of $3,259,395. Based on 13 IRS 990 filings on record.
What are The Farm School Inc's total assets?
The Farm School Inc holds total assets of $4,177,381 as reported in IRS 990 filings.
Where is The Farm School Inc located?
The Farm School Inc is based in Athol, Massachusetts.
What is The Farm School Inc's EIN?
The Farm School Inc's Employer Identification Number (EIN) is 222959081. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Farm School Inc?
The Farm School Inc is classified under NTEE code Unknown (Unknown).
Is The Farm School Inc a registered 501(c)(3)?
The Farm School Inc appears in IRS records (EIN: 222959081). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does The Farm School Inc file IRS Form 990?
Yes, The Farm School Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was The Farm School Inc's revenue in 2023?
In the 202312 filing period, The Farm School Inc reported total revenue of $2,639,123, total expenses of $2,230,319, and net assets of $3,373,681.
Is The Farm School Inc's revenue growing or declining?
The Farm School Inc's revenue is growing. Revenue went from $1,727,826 (202212) to $2,639,123 (202312), a +52.7% change. Based on 13 filings on record.
What is The Farm School Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Farm School Inc covers tax period 202312. It shows revenue of $2,639,123, expenses of $2,230,319, total assets of $3,373,681, and liabilities of $520,055.
How much does The Farm School Inc spend on programs vs administration?
Based on IRS 990 analysis, The Farm School Inc allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is The Farm School Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Farm School Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for The Farm School Inc?
The following concerns were identified: Lack of detailed program outcome reporting makes it difficult to assess direct impact.. The organization consistently reports zero lobbying expenses, which may indicate limited advocacy efforts for their mission.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Farm School Inc's strengths?
Positive indicators for The Farm School Inc include: Consistently high percentage of expenses dedicated to program services (85% in 2023).. Healthy asset growth from $2.2 million in 2019 to $4.1 million in 2023.. Positive net assets reported across all available years, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does The Farm School Inc compensate executives?
Executive compensation appears reasonable, with the highest paid individual receiving $70,000 in 2023, which is appropriate for an organization of this size and mission. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does The Farm School Inc. measure and report the specific educational and agricultural outcomes of its programs to stakeholders?
While Form 990s provide financial data, detailed program outcome metrics, such as student success rates, agricultural yields, or community impact, are not explicitly outlined in the available filings or easily accessible public information, making it challenging to fully assess program effectiveness beyond expenditure.
Filing History
IRS 990 filing history for The Farm School Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Farm School Inc's revenue has grown by 134.3%, moving from $1.1M to $2.6M. Total assets increased by 89.9% over the same period, from $1.8M to $3.4M. Total functional expenses rose by 88.4%, from $1.2M to $2.2M. In its most recent filing year (2023), The Farm School Inc reported a surplus of $409K, with revenue exceeding expenses. The organization holds $520K in liabilities against $3.4M in assets (debt-to-asset ratio: 15.4%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.2M | $3.4M | $520K | — | View 990 |
| 2022 | $1.7M | $2.2M | $2.5M | $26K | — | View 990 |
| 2021 | $1.9M | $1.5M | $3.0M | $24K | — | View 990 |
| 2020 | $1.9M | $1.5M | $2.5M | $26K | — | View 990 |
| 2019 | $1.7M | $1.8M | $2.2M | $81K | — | View 990 |
| 2018 | $1.9M | $1.9M | $2.3M | $94K | — | View 990 |
| 2017 | $1.8M | $1.8M | $2.3M | $105K | — | — |
| 2016 | $1.8M | $1.7M | $2.3M | $129K | — | View 990 |
| 2015 | $1.5M | $1.4M | $2.3M | $169K | — | View 990 |
| 2014 | $1.5M | $1.2M | $2.1M | $189K | — | View 990 |
| 2013 | $1.4M | $1.2M | $2.3M | $613K | — | View 990 |
| 2012 | $1.2M | $1.2M | $1.8M | $248K | — | View 990 |
| 2011 | $1.1M | $1.2M | $1.8M | $263K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.2M, and assets of $3.4M (revenue +52.7% year-over-year).
- 2022: Revenue of $1.7M, expenses of $2.2M, and assets of $2.5M (revenue -11.2% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.5M, and assets of $3.0M (revenue +4.9% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.5M, and assets of $2.5M (revenue +8.2% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.8M, and assets of $2.2M (revenue -11.1% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.9M, and assets of $2.3M (revenue +5.5% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.8M, and assets of $2.3M (revenue +2.7% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.7M, and assets of $2.3M (revenue +15.2% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.4M, and assets of $2.3M (revenue +1.8% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.2M, and assets of $2.1M (revenue +7.5% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.2M, and assets of $2.3M (revenue +17.6% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $1.8M (revenue +6.5% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.2M, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Farm School Inc:
Data Sources and Methodology
This transparency report for The Farm School 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.