The Farmer Foundation Inc
Nonprofit profile at a glance
- EIN
- 332347124
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024
- Location
- Dorchester, MA, USA
- Phone
- 6462457564
- Rating confidence
- Limited
- Sector
- Educational Services and Schools - Other
Reported finances
- Revenue
- $0
- Expenses
- $2,359
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- Jennifer Farmer (President)
People named in this filing
- Jennifer Farmer (President)
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 Farmer Foundation, Inc. is a 501(c)(3) non-profit organization dedicated to addressing educational inequities and supporting the academic and professional success of students and educators through education, advocacy and empowerment.By working alongside schools, administrators, educators, businesses, and communities, we aim to build a collective movement that champions education, advocates for educational equity and empowers students and educators to reach their full potential. We aim to uplift communities, create opportunities, and inspire long-term change.
What it reported doing in 2024
The Farmer Foundation is dedicated to delivering impactful programs that address the unique needs of students and educators in underrepresented and under-resourced communities. Our flagship services are designed to foster academic success, provide financial support, and ensure student and educators have the necessary resources to be successful. These services represent the core pillars of our missionEducate, Advocate, and Empower.
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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 18
- Transparency & Controls: 82
- Sustainability: 7
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 49.5%; rating input score 49
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 2; 2nd 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: Limited
- Asset growth: Limited
Details
- Where the money goes: 49.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $1K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 1 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.
- Moderate — Financial Efficiency: Program expense ratio scored 49/100.
- High — Sustainability: Total-asset coverage ratio scored 2/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.