Farms for Orphans Inc
Nonprofit profile at a glance
- EIN
- 474045225
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Loveland, CO, USA
- Phone
- 9702041040
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Relief
Reported finances
- Revenue
- $131,164
- Expenses
- $110,707
- Assets
- $76,762
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- AMY FRANKLIN (CEO & PRESIDENT)
People named in this filing
- AMY FRANKLIN (CEO & PRESIDENT)
- ALAN FRANKLIN (Treasurer)
- JEANNE CUNKELMAN (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
-To provide charitable resources to ensure orphaned children and underprivilegedyouth in developing countries have a reliable and consistent source of sustenanceby building the agricultural infrastructure needed to raise livestock and growcrops;-To provide educational opportunities and resources to underprivileged youth indeveloping countries in environmentally sound agricultural practices so that theymay achieve self-sufficiency as adults and become productive and valuedmembers of their community;-To engage in charitable activities related to improving the health and well-beingof orphans and other youth in need in developing countries through better accessto medical care, sanitary living conditions, and education;-To engage in scientific research activities related to improving agricultural outputusing environmentally conscious approaches, controlling the spread ofdetrimental diseases to livestock and crops, and preventing zoonotic diseasetransmission.
What it reported doing in 2024
Moving from pilot stage of palm weevil production to commercial production, at three farming hubs, of 1 T (wet weight)/month by 2024.Development of PWL farming manuals for outgrower modelsDevelopment of 2 cost-effective PWL feed recipes, based on available resources,45$ protein, $4.50USD/kg.Gender and age intentional PWL farmer training (20 women farmers, 20 youth farmers with 75% women) for commercial use and family consumption.Development of farming procedures for production of PW breeding stock.Sustainable production of PW breeding stock for PWL farmers in Kinshasa by 2024.Provide palm weevil farming training and support to primary schools and orphanages in Kinshasa
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 82
- Sustainability: 53
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.4%; rating input score 84
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 15.6%; rating input score 68; 68th percentile among comparable filings
- Total-asset coverage ratio: 0.69; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 19.3% per year; rating input score 100; 75th percentile among comparable filings
- Revenue growth: -12.3% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -23.4% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 84.4% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $111K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- 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 — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.