Farm at Kings Creek Inc
Nonprofit profile at a glance
- EIN
- 823181999
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Augusta, GA, USA
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Protestant
- Affiliation
- Christianity
Reported finances
- Revenue
- $63,327
- Expenses
- $53,753
- Assets
- $129,635
- Liabilities
- $35,619
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Bobby ONeil Bates Jr (CEO)
People named in this filing
- Bobby ONeil Bates Jr (CEO)
- Tracey Anne Bates (Secretary)
- Paul Franks (CFO)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Farm at Kings Creek Inc. is organized and operated to conduct charitable educational and community-based agricultural initiatives. The organization advances its exempt purpose by directly developing and operating agricultural programs that promote sustainable farming practices food access environmental stewardship and community education and outreach in support of community well-being.
What it reported doing in 2024
The organization provides direct financial assistance to individuals through its Individual Assistance and Sponsorship Program. Assistance is provided to address immediate needs and hardships including funeral and memorial-related expenses consistent with the organizations charitable mission.
Operating model
- Revenue model
- Donor-supported. 100% 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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 22
- Transparency & Controls: 82
- Sustainability: 61
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 20.6%; rating input score 21
- Program expense ratio: 24.3%; rating input score 24
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 15.1%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 2.41; rating input score 70; 70th percentile among comparable filings
- Liabilities to assets ratio: 0.27; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 20.6% of revenue deployed · 24.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $13K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 21/100.
- High — Financial Efficiency: Program expense ratio scored 24/100.
- High — Sustainability: Liabilities to assets ratio scored 12/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.