Centennial Farm Foundation

Nonprofit profile at a glance

EIN
330484808
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2025
Location
Costa Mesa, CA, USA
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Community Service Clubs

Reported finances

Revenue
$55,685
Expenses
$75,418
Assets
$224,988

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Glen Johnson (President)
  • Lon Records (Vice President)

People named in this filing

  • Jose Arriaga (Board Member)
  • Clare Einsmann (Board Member)
  • Kenneth Ferraro (Board Member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support Centennial Farm at the OC Fair & Event Center by providing funding for agricultural education youth development programs educational exhibits facilities and community outreach through charitable contributions and fundraising activities.

What it reported doing in 2025

The Foundation provided financial assistance through its Junior Livestock Program to support eligible 4-H and FFA youth exhibitors participating in the Orange County Fair Junior Livestock Auction. Restricted donations help qualified students meet financial obligations associated with the auction while encouraging youth agricultural education and leadership development.

Operating model

Revenue model
Donor-supported. 74% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 100
  • Sustainability: 35
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.9%; rating input score 93
  • Program expense ratio: 67.8%; rating input score 68

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -35.4%; rating input score 15; 15th percentile among comparable filings
  • Total-asset coverage ratio: 2.98; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 47.2% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: -46% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -8.6% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 92.9% of revenue deployed · 67.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $51K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 15/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.