Farrs Best
Nonprofit profile at a glance
- EIN
- 853885259
- IRS 990-EZ coverage
- 2020–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- North Hollywood, CA, USA
- Phone
- 8665423277
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Philanthropy, Charity, Voluntarism Promotion
Reported finances
- Revenue
- $86,239
- Expenses
- $72,814
- Assets
- $25,847
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Bruce Farr (President)
- Jay Farr (Executive Director)
People named in this filing
- Menyone Thomas (Secretary)
- Bruce Farr (President)
- Debra Johnson (Treasurer)
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
Farr's Best's primary exempt purpose is to strengthen families and underserved communities through charitable and educational programs focused on family leadership, health and wellness, financial literacy, education, scholarships, and community engagement. The organization fulfills this purpose by providing workshops, leadership development programs, health awareness initiatives, scholarship opportunities, family centered events, and other resources designed to improve family well-being, expand educational and economic opportunity, and build stronger communities.
What it reported doing in 2025
Family Leadership Summit - Farr's Best conducted its Family Leadership Summit, a multi-day charitable and educational program designed to strengthen families, develop leadership across generations, and connect participants with educational, professional, health, financial, and community resources. The Summit included keynote presentations, panel discussions, leadership workshops, family meetings, community-building activities, and intergenerational training. Programming addressed family leadership, communication, personal responsibility, educational excellence, economic opportunity, health and wellness, goal setting, professional development, community involvement, and legacy building. Attendees included families, parents, students, educators, business executives, nonprofit leaders, faith leaders, community officials, volunteers, and other individuals interested in family and community leadership. Approximately 250 individuals attended the Family Leadership Summit. The primary beneficiaries were families and individuals who received leadership instruction, educational information, mentorship, access to community resources, and opportunities to engage with academic, business, and community leaders.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 82
- Sustainability: 45
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.1%; rating input score 64
- Program expense ratio: 75.9%; rating input score 76
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 15.6%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.35; rating input score 25; 25th 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: Limited
- Revenue growth: 32.8% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 20.6% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 64.1% of revenue deployed · 75.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $55K 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: 2 filing years from 2020 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Sustainability: Total-asset coverage ratio scored 25/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.