Willow Pond Farm I Inc
EIN: 611365227 · Louisville, KY · NTEE: P73
| Metric | Value |
|---|---|
| Total Revenue | $80K |
| Total Expenses | $68K |
| Net Assets | $296K |
Is Willow Pond Farm I Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Willow Pond Farm I Inc
Willow Pond Farm I Inc (EIN: 611365227) is a nonprofit organization based in Louisville, KY, classified under NTEE code P73. The organization reported total revenue of $80K and total assets of $313K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Willow Pond Farm I Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Willow Pond Farm I Inc is a micro nonprofit that has been operating for 10 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -16.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $68K |
| Surplus / Deficit | $-606 |
| Total Assets | $310K |
| Total Liabilities | $14K |
| Net Assets | $296K |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 4.5% |
| Months of Reserves | 54.9 months |
Financial Health Grade: B
In 2023, Willow Pond Farm I Inc reported a deficit of $606 with expenses exceeding revenue, holds 54.9 months of operating reserves (strong position), has a debt-to-asset ratio of 4.5% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Willow Pond Farm I Inc's revenue has declined at a compound annual growth rate (CAGR) of -16.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +30.6% | +8.7% | -0.3% |
| 2022 | +2.0% | +11.6% | -2.1% |
| 2021 | +25.7% | +4.5% | -4.0% |
| 2020 | +8.5% | -2.9% | -2.8% |
| 2019 | +4.1% | +18.2% | -3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Willow Pond Farm I 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 Willow Pond Farm I 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 deficit of $606, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.5%.
Frequently Asked Questions about Willow Pond Farm I Inc
Is Willow Pond Farm I Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Willow Pond Farm I Inc (EIN: 611365227) insufficient data. 0 red flags identified, 0 strengths noted.
How does Willow Pond Farm I Inc spend its money?
Detailed spending breakdown data is not yet available for Willow Pond Farm I Inc. Check back for updated IRS 990 analysis.
Are donations to Willow Pond Farm I Inc tax-deductible?
Willow Pond Farm I Inc is registered as a tax-exempt nonprofit (EIN: 611365227). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Willow Pond Farm I Inc located?
Willow Pond Farm I Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 611365227. It is classified under NTEE code P73.
How many years of IRS 990 filings does Willow Pond Farm I Inc have?
Willow Pond Farm I Inc has 10 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 $80K in total revenue.
Filing History
IRS 990 filing history for Willow Pond Farm I Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Willow Pond Farm I Inc's revenue has declined by 81.1%, moving from $356K to $67K. Total assets increased by 2.1% over the same period, from $304K to $310K. Total functional expenses rose by 276.5%, from $18K to $68K. In its most recent filing year (2023), Willow Pond Farm I Inc reported a deficit of $606, with expenses exceeding revenue. The organization holds $14K in liabilities against $310K in assets (debt-to-asset ratio: 4.5%), resulting in net assets of $296K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67K | $68K | $310K | $14K | — | View 990 |
| 2022 | $51K | $62K | $311K | $14K | — | View 990 |
| 2021 | $50K | $56K | $318K | $10K | — | — |
| 2020 | $40K | $54K | $331K | $18K | — | View 990 |
| 2019 | $37K | $55K | $341K | $14K | — | View 990 |
| 2018 | $36K | $47K | $354K | $9K | — | View 990 |
| 2017 | $170K | $55K | $372K | $16K | — | View 990 |
| 2016 | $15K | $45K | $374K | $133K | — | View 990 |
| 2015 | $3K | $36K | $301K | $30K | — | View 990 |
| 2014 | $356K | $18K | $304K | $129 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67K, expenses of $68K, and assets of $310K (revenue +30.6% year-over-year).
- 2022: Revenue of $51K, expenses of $62K, and assets of $311K (revenue +2.0% year-over-year).
- 2021: Revenue of $50K, expenses of $56K, and assets of $318K (revenue +25.7% year-over-year).
- 2020: Revenue of $40K, expenses of $54K, and assets of $331K (revenue +8.5% year-over-year).
- 2019: Revenue of $37K, expenses of $55K, and assets of $341K (revenue +4.1% year-over-year).
- 2018: Revenue of $36K, expenses of $47K, and assets of $354K (revenue -79.1% year-over-year).
- 2017: Revenue of $170K, expenses of $55K, and assets of $372K (revenue +1013.9% year-over-year).
- 2016: Revenue of $15K, expenses of $45K, and assets of $374K (revenue +395.7% year-over-year).
- 2015: Revenue of $3K, expenses of $36K, and assets of $301K (revenue -99.1% year-over-year).
- 2014: Revenue of $356K, expenses of $18K, and assets of $304K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Willow Pond Farm I Inc:
Data Sources and Methodology
This transparency report for Willow Pond Farm I 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.