Tri Cycle Farms Inc
EIN: 465142044 · Fayetteville, AR · NTEE: K40
| Metric | Value |
|---|---|
| Total Revenue | $373K |
| Total Expenses | $506K |
| Net Assets | $174K |
Is Tri Cycle Farms Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tri Cycle Farms Inc
Tri Cycle Farms Inc (EIN: 465142044) is a nonprofit organization based in Fayetteville, AR, classified under NTEE code K40. The organization reported total revenue of $373K and total assets of $284K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tri Cycle Farms Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tri Cycle Farms Inc is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 38.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $506K |
| Total Expenses | $506K |
| Surplus / Deficit | +$160 |
| Total Assets | $332K |
| Total Liabilities | $158K |
| Net Assets | $174K |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 47.7% |
| Months of Reserves | 7.9 months |
Financial Health Grade: A
In 2023, Tri Cycle Farms Inc reported a surplus of $160 with revenue exceeding expenses, holds 7.9 months of operating reserves (strong position), has a debt-to-asset ratio of 47.7% (moderate leverage).
Financial Trends
Over 9 years of filings (2015–2023), Tri Cycle Farms Inc's revenue has grown at a compound annual growth rate (CAGR) of 38.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.9% | +4.1% | +1.9% |
| 2022 | -28.9% | -37.1% | +14.2% |
| 2021 | +46.1% | +46.2% | -8.7% |
| 2020 | -1.6% | +37.3% | -6.0% |
| 2019 | +4.3% | -9.8% | +18.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tri Cycle Farms 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 Tri Cycle Farms 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $160, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.7%.
Frequently Asked Questions about Tri Cycle Farms Inc
Is Tri Cycle Farms Inc a legitimate charity?
Tri Cycle Farms Inc (EIN: 465142044) is a registered tax-exempt nonprofit based in Arkansas. It has 9 years of IRS 990 filings on record. Total revenue: $373K. No red flags identified. Financial health grade: A.
How does Tri Cycle Farms Inc spend its money?
Tri Cycle Farms Inc reported $373K in total revenue in IRS 990 filings. 9 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Tri Cycle Farms Inc tax-deductible?
Tri Cycle Farms Inc is registered as a tax-exempt nonprofit (EIN: 465142044). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tri Cycle Farms Inc located?
Tri Cycle Farms Inc is headquartered in Fayetteville, Arkansas and files with the IRS under EIN 465142044. It is classified under NTEE code K40.
How many years of IRS 990 filings does Tri Cycle Farms Inc have?
Tri Cycle Farms Inc has 9 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 $373K in total revenue.
Filing History
IRS 990 filing history for Tri Cycle Farms Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Tri Cycle Farms Inc's revenue has grown by 1241.7%, moving from $38K to $506K. Total assets increased by 79.2% over the same period, from $185K to $332K. Total functional expenses rose by 778.7%, from $58K to $506K. In its most recent filing year (2023), Tri Cycle Farms Inc reported a surplus of $160, with revenue exceeding expenses. The organization holds $158K in liabilities against $332K in assets (debt-to-asset ratio: 47.7%), resulting in net assets of $174K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $506K | $506K | $332K | $158K | — | View 990 |
| 2022 | $533K | $487K | $326K | $160K | — | View 990 |
| 2021 | $749K | $773K | $286K | $163K | — | View 990 |
| 2020 | $513K | $529K | $313K | $167K | — | — |
| 2019 | $521K | $385K | $333K | $171K | — | View 990 |
| 2018 | $500K | $427K | $281K | $174K | — | View 990 |
| 2017 | $385K | $369K | $196K | $179K | — | View 990 |
| 2016 | $95K | $94K | $180K | $182K | — | View 990 |
| 2015 | $38K | $58K | $185K | $189K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $506K, expenses of $506K, and assets of $332K (revenue -4.9% year-over-year).
- 2022: Revenue of $533K, expenses of $487K, and assets of $326K (revenue -28.9% year-over-year).
- 2021: Revenue of $749K, expenses of $773K, and assets of $286K (revenue +46.1% year-over-year).
- 2020: Revenue of $513K, expenses of $529K, and assets of $313K (revenue -1.6% year-over-year).
- 2019: Revenue of $521K, expenses of $385K, and assets of $333K (revenue +4.3% year-over-year).
- 2018: Revenue of $500K, expenses of $427K, and assets of $281K (revenue +30.0% year-over-year).
- 2017: Revenue of $385K, expenses of $369K, and assets of $196K (revenue +303.4% year-over-year).
- 2016: Revenue of $95K, expenses of $94K, and assets of $180K (revenue +152.5% year-over-year).
- 2015: Revenue of $38K, expenses of $58K, and assets of $185K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tri Cycle Farms Inc:
Data Sources and Methodology
This transparency report for Tri Cycle Farms 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.