Touchstone Farm Inc

Touchstone Farm Inc. reports a $302,097 deficit in its latest fiscal year, despite historical asset growth and no officer compensation.

EIN: 20436529 · Lyndeborough, NH · NTEE: P80Z · Updated: 2026-03-28

$991KRevenue

$1.1MAssets

88/100Mission Score (Excellent)

P80Z

About Touchstone Farm Inc

Touchstone Farm Inc (EIN: 20436529) is a nonprofit organization based in Lyndeborough, NH, classified under NTEE code P80Z. The organization reported total revenue of $991K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Touchstone Farm Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Touchstone Farm Inc. demonstrates a generally stable financial history, with revenues fluctuating but often exceeding expenses in earlier periods, contributing to asset growth. However, the most recent filing (202312) shows a significant deficit, with expenses of $803,265 exceeding revenue of $501,168, which is a concern if it becomes a trend. The organization's assets have grown substantially over the years, from $395,324 in 2014 to $1,768,733 in 2023, indicating some financial stability built over time, though liabilities have also increased. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, enhancing transparency and public trust. While the recent deficit warrants monitoring, the overall pattern of asset accumulation and lack of executive compensation are positive indicators of financial health and responsible management.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Touchstone Farm Inc with a Mission Score of 88 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, Touchstone Farm 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.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly commendable for an organization of its size with revenues often exceeding $1 million.

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 Touchstone Farm Inc's IRS 990 filings:

Significant deficit in the most recent fiscal year (202312), with expenses exceeding revenue by $302,097.
Increasing liabilities, reaching $1,289,537 in 2023, which is a substantial portion of total assets.

Strengths

The following positive indicators were identified for Touchstone Farm Inc:

Consistent reporting of 0% officer compensation across all available filings, indicating strong financial stewardship.
Significant growth in assets over the past decade, from $395,324 in 2014 to $1,768,733 in 2023.
Historically strong revenue generation, often exceeding $1 million annually in previous periods.

Frequently Asked Questions about Touchstone Farm Inc

Is Touchstone Farm Inc. experiencing a sustained financial downturn given the 2023 deficit?

The 2023 deficit of $302,097 (Expenses $803,265 vs. Revenue $501,168) is a significant concern. While previous years often showed surpluses, this recent trend needs to be monitored to determine if it's an anomaly or the start of a sustained downturn.

How has Touchstone Farm Inc.'s asset base changed over time?

The organization's assets have grown substantially, from $395,324 in 2014 to $1,768,733 in 2023, indicating a significant increase in financial resources over the decade.

What is the significance of 0% officer compensation?

The consistent reporting of 0% officer compensation across all filings is a strong positive indicator of the organization's commitment to directing all funds towards its mission and operational costs, rather than executive salaries. This enhances trust and demonstrates a high level of financial stewardship.

Filing History

IRS 990 filing history for Touchstone Farm Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Touchstone Farm Inc's revenue has declined by 37.2%, moving from $798K to $501K. Total assets increased by 310.9% over the same period, from $430K to $1.8M. Total functional expenses rose by 8.7%, from $739K to $803K. In its most recent filing year (2023), Touchstone Farm Inc reported a deficit of $302K, with expenses exceeding revenue. The organization holds $1.3M in liabilities against $1.8M in assets (debt-to-asset ratio: 72.9%), resulting in net assets of $479K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$501K	$803K	$1.8M	$1.3M	—	View 990
2022	$657K	$652K	$1.7M	$907K	—	View 990
2021	$603K	$520K	$1.7M	$908K	—	View 990
2020	$1.2M	$697K	$1.3M	$666K	—	View 990
2019	$1.2M	$1.1M	$754K	$630K	—	View 990
2018	$1.0M	$1.1M	$816K	$775K	—	View 990
2017	$1.2M	$1.1M	$879K	$748K	—	View 990
2016	$1.0M	$1.0M	$753K	$659K	—	View 990
2015	$1.2M	$841K	$711K	$283K	—	View 990
2014	$850K	$867K	$395K	$325K	—	View 990
2013	$952K	$930K	$464K	$329K	—	View 990
2012	$790K	$901K	$428K	$328K	—	View 990
2011	$798K	$739K	$430K	$344K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $501K, expenses of $803K, and assets of $1.8M (revenue -23.7% year-over-year).
2022: Revenue of $657K, expenses of $652K, and assets of $1.7M (revenue +8.8% year-over-year).
2021: Revenue of $603K, expenses of $520K, and assets of $1.7M (revenue -51.5% year-over-year).
2020: Revenue of $1.2M, expenses of $697K, and assets of $1.3M (revenue +7.8% year-over-year).
2019: Revenue of $1.2M, expenses of $1.1M, and assets of $754K (revenue +12.4% year-over-year).
2018: Revenue of $1.0M, expenses of $1.1M, and assets of $816K (revenue -11.5% year-over-year).
2017: Revenue of $1.2M, expenses of $1.1M, and assets of $879K (revenue +13.9% year-over-year).
2016: Revenue of $1.0M, expenses of $1.0M, and assets of $753K (revenue -12.6% year-over-year).
2015: Revenue of $1.2M, expenses of $841K, and assets of $711K (revenue +37.3% year-over-year).
2014: Revenue of $850K, expenses of $867K, and assets of $395K (revenue -10.8% year-over-year).
2013: Revenue of $952K, expenses of $930K, and assets of $464K (revenue +20.5% year-over-year).
2012: Revenue of $790K, expenses of $901K, and assets of $428K (revenue -0.9% year-over-year).
2011: Revenue of $798K, expenses of $739K, and assets of $430K.

Data Sources and Methodology

This transparency report for Touchstone 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.