Food, Agriculture & Nutrition
(K30)
IRS Verified
DX Registered
990 on File
FARMS FOR FOOD EQUITY
Financial strength (30%)
77/100
Reliability (20%)
40/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Farms for Food Equity focuses on helping to end hunger in Maine while creating greater profitability and stability for Maine farms. We do this by purchasing off-grade and excess produce from Maine farms and distributing Maine these fruits and vegetables through food banks and food pantries in southern Maine.
Financial Overview — FY 2024
$288K
Total Revenue
$260K
Total Expenses
$67K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
91.2%
Fundraising Efficiency
3.7%
Operating Reserve
3.10x
Liability-to-Asset
0.0%
Revenue Diversification
98.4%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 1,857 similar organizations
(United States, Food, Agriculture & Nutrition, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
91.2% | 89.7% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.7% | 7.6% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.1% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
3.7% | 13.4% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
3.1 mo | 10.9 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.6% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.4% | 96.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
135.0% | 10.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
144.6% | 10.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
10.0% | 4.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $288K | $260K | $67K | 91.2% | 0 |
| 2023 | $123K | $106K | $27K | 77.2% | — |
| 2022 | $92K | $84K | $11K | 93.4% | — |
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