The Farm Team Inc

Nonprofit profile at a glance

EIN
465617959
IRS 990-EZ coverage
2017–2024
Forms available
Form 990 2019, Form 990-EZ 2024, Form 990-N 2015
Location
Lawrenceville, NJ, USA
Phone
6098963111
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Farm Bureau, Grange

Reported finances

Revenue
$130,050
Expenses
$176,912
Assets
$146,616
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • ALEX JINGOLI (EXECUTIVE DIRECTOR)
  • BEN SCHENKMAN (PRESIDENT)
  • CONNOR PALADINO (VICE PRESIDENT & SECRETARY)

People named in this filing

  • BRETT SCHENKMAN (BOARD MEMBER)
  • DANA KIRLAN (BOARD MEMBER)
  • ERIN BARRY (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The farm team's mission is to facilitate active addiction recovery through mentoring for young men and women looking to re-enter the workforce, with a focus on placement into established organizations, following addiction and legal issues. The farm team will work with a select number of individuals each year, providing mentoring opportunities and providing the ability for these individuals to interact with professionals from a myriad professions with the stated goal of helping the individuals successfully re-enter the workforce with established organizations and companies. The farm team will also provide grants to help cover expenses to help these individuals acclimate into the working world, including but not limited to: obtain driver's license, providing transportation to and from work, cover outstanding fines preventing employment and to provide for housing in a safe, sober facility or home.

What it reported doing in 2024

To facilitate the progress of young adults in addiction recovery by providing a unique combination of focused mentoring and life skills with the goal of helping them enter a career within an established organization. The organization provides grants to cover expenses to assist the individuals acclimate into the working world.

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

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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 98
  • Transparency & Controls: 100
  • Sustainability: 33
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 95.5%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -36%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.83; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: -1.6% per year; rating input score 0; 25th percentile among comparable filings
  • Revenue growth: -5.9% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -1.8% per year; rating input score 0; 22nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 95.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $169K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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: Operating margin scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.