Veterans Farm Of North Carolina
EIN: 475296346 · Cameron, NC · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $433K |
| Total Expenses | $330K |
| Net Assets | $201K |
Is Veterans Farm Of North Carolina Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Veterans Farm Of North Carolina
Veterans Farm Of North Carolina (EIN: 475296346) is a nonprofit organization based in Cameron, NC, classified under NTEE code P20. The organization reported total revenue of $433K and total assets of $201K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Veterans Farm Of North Carolina's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Veterans Farm Of North Carolina is a small nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2020–2022). Revenue has grown at a compound annual rate of 68.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $433K |
| Total Expenses | $330K |
| Surplus / Deficit | +$103K |
| Total Assets | $201K |
| Net Assets | $201K |
| Operating Margin | 23.7% |
| Months of Reserves | 7.3 months |
Financial Health Grade: A
In 2022, Veterans Farm Of North Carolina reported a surplus of $103K with revenue exceeding expenses, holds 7.3 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2020–2022), Veterans Farm Of North Carolina's revenue has grown at a compound annual growth rate (CAGR) of 68.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +87.0% | +24.7% | +105.1% |
| 2021 | +51.7% | +136.9% | -25.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Veterans Farm Of North Carolina 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 Veterans Farm Of North Carolina 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $103K, with revenue exceeding expenses.
Frequently Asked Questions about Veterans Farm Of North Carolina
Is Veterans Farm Of North Carolina a legitimate charity?
Veterans Farm Of North Carolina (EIN: 475296346) is a registered tax-exempt nonprofit based in North Carolina. It has 3 years of IRS 990 filings on record. Total revenue: $433K. No red flags identified. Financial health grade: A.
How does Veterans Farm Of North Carolina spend its money?
Veterans Farm Of North Carolina reported $433K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Veterans Farm Of North Carolina tax-deductible?
Veterans Farm Of North Carolina is registered as a tax-exempt nonprofit (EIN: 475296346). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Veterans Farm Of North Carolina located?
Veterans Farm Of North Carolina is headquartered in Cameron, North Carolina and files with the IRS under EIN 475296346. It is classified under NTEE code P20.
How many years of IRS 990 filings does Veterans Farm Of North Carolina have?
Veterans Farm Of North Carolina has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $433K in total revenue.
Filing History
IRS 990 filing history for Veterans Farm Of North Carolina showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2022), Veterans Farm Of North Carolina's revenue has grown by 183.6%, moving from $153K to $433K. Total assets increased by 52.9% over the same period, from $131K to $201K. Total functional expenses rose by 195.4%, from $112K to $330K. In its most recent filing year (2022), Veterans Farm Of North Carolina reported a surplus of $103K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $433K | $330K | $201K | $0 | — | — |
| 2021 | $232K | $265K | $98K | $0 | — | View 990 |
| 2020 | $153K | $112K | $131K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $433K, expenses of $330K, and assets of $201K (revenue +87.0% year-over-year).
- 2021: Revenue of $232K, expenses of $265K, and assets of $98K (revenue +51.7% year-over-year).
- 2020: Revenue of $153K, expenses of $112K, and assets of $131K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Veterans Farm Of North Carolina:
Data Sources and Methodology
This transparency report for Veterans Farm Of North Carolina 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.