Woodland Farm Foundation Inc
EIN: 822855355 · Russell Spgs, KY · NTEE: K26
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $129K |
| Net Assets | $23.2M |
Is Woodland Farm Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Woodland Farm Foundation Inc
Woodland Farm Foundation Inc (EIN: 822855355) is a nonprofit organization based in Russell Spgs, KY, classified under NTEE code K26. The organization reported total revenue of $1.5M and total assets of $25.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Woodland Farm Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Woodland Farm Foundation Inc is a mid-size nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 72.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $900K |
| Total Expenses | $129K |
| Surplus / Deficit | +$771K |
| Total Assets | $24.2M |
| Total Liabilities | $996K |
| Net Assets | $23.2M |
| Operating Margin | 85.7% |
| Debt-to-Asset Ratio | 4.1% |
| Months of Reserves | 2247.5 months |
Financial Health Grade: A
In 2023, Woodland Farm Foundation Inc reported a surplus of $771K with revenue exceeding expenses, holds 2247.5 months of operating reserves (strong position), has a debt-to-asset ratio of 4.1% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Woodland Farm Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 72.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -95.5% | -24.6% | +6.2% |
| 2022 | +22181.2% | +5.8% | +599.8% |
| 2021 | +5.7% | +13.5% | +6.4% |
| 2020 | -15.6% | +658.8% | +2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Woodland Farm Foundation 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 Woodland Farm Foundation 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 $771K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.1%.
Frequently Asked Questions about Woodland Farm Foundation Inc
Is Woodland Farm Foundation Inc a legitimate charity?
Woodland Farm Foundation Inc (EIN: 822855355) is a registered tax-exempt nonprofit based in Kentucky. It has 5 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: A.
How does Woodland Farm Foundation Inc spend its money?
Woodland Farm Foundation Inc reported $1.5M in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Woodland Farm Foundation Inc tax-deductible?
Woodland Farm Foundation Inc is registered as a tax-exempt nonprofit (EIN: 822855355). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Woodland Farm Foundation Inc located?
Woodland Farm Foundation Inc is headquartered in Russell Spgs, Kentucky and files with the IRS under EIN 822855355. It is classified under NTEE code K26.
How many years of IRS 990 filings does Woodland Farm Foundation Inc have?
Woodland Farm Foundation Inc has 5 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Woodland Farm Foundation Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Woodland Farm Foundation Inc's revenue has grown by 788.8%, moving from $101K to $900K. Total assets increased by 714.5% over the same period, from $3.0M to $24.2M. Total functional expenses rose by 587.3%, from $19K to $129K. In its most recent filing year (2023), Woodland Farm Foundation Inc reported a surplus of $771K, with revenue exceeding expenses. The organization holds $996K in liabilities against $24.2M in assets (debt-to-asset ratio: 4.1%), resulting in net assets of $23.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $900K | $129K | $24.2M | $996K | — | — |
| 2022 | $20.1M | $171K | $22.8M | $350K | — | View 990 |
| 2021 | $90K | $162K | $3.3M | $798K | — | View 990 |
| 2020 | $85K | $142K | $3.1M | $530K | — | — |
| 2019 | $101K | $19K | $3.0M | $385K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $900K, expenses of $129K, and assets of $24.2M (revenue -95.5% year-over-year).
- 2022: Revenue of $20.1M, expenses of $171K, and assets of $22.8M (revenue +22181.2% year-over-year).
- 2021: Revenue of $90K, expenses of $162K, and assets of $3.3M (revenue +5.7% year-over-year).
- 2020: Revenue of $85K, expenses of $142K, and assets of $3.1M (revenue -15.6% year-over-year).
- 2019: Revenue of $101K, expenses of $19K, and assets of $3.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Woodland Farm Foundation Inc:
Data Sources and Methodology
This transparency report for Woodland Farm Foundation 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.