Farms-prides Community Association
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
Farms-prides Community Association is a 501(c)(3) organization based in Beverly, Massachusetts, registered in 1955, with $35,740 in FY2024 revenue. CharityIndex grades it D.
14 Oak St, Beverly, MA, 01915 EIN 04-6052046 Since 1955
Revenue (FY2024)
$36K
▼ 18.8% vs prior year
Expenses (FY2024)
$47K
Net assets
$831K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Farms-prides Community Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating213 mo reserves · -31% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Farms-prides Community Association: 213 mo reserves · -31% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Farms-prides Community Association— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Farms-prides Community Association: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 14 Oak St, Beverly, MA, 01915
- City
- Beverly
- State
- Massachusetts
- Category
- —
- Subcategory
- —
- Website
- …
Financial trends
Revenue declined from $44K (FY2014) to $36K (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $8,528Net assets $831K
Operating margin
-30.9%
Spent more than it raised in the latest fiscal year.
Total assets
$839K
Total liabilities
$8,528
Net assets
$831K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $35,740▼18.8% | $46,800▲40.9% | $830,504▼1.3% | $839,032▼1.4% | 990 |
| 2023 | $43,997▼14.2% | $33,215▼29.7% | $841,564▲1.3% | $851,076▲0.9% | 990 |
| 2022 | $51,267▼20.8% | $47,214▼6.1% | $830,779▲0.5% | $843,360 | 990 |
| 2021 | $64,770▲91.7% | $50,268▲5.8% | $826,726▲1.8% | $843,707▲3.9% | 990 |
| 2020 | $33,780▼35.0% | $47,504▲20.2% | $812,224▼1.7% | $812,224▼1.7% | 990 |
| 2019 | $51,977▼40.6% | $39,514▲13.0% | $825,948▲1.5% | $825,948▲1.5% | 990 |
| 2018 | $87,540▲44.0% | $34,959▼0.7% | $813,485▲6.0% | $813,485▲6.0% | 990 |
| 2016 | $60,787▲2.6% | $35,195▼9.6% | $767,593▲3.4% | $767,593▲3.4% | 990 |
| 2015 | $59,246▲34.1% | $38,943▼11.8% | $742,001▲2.8% | $742,001▲2.8% | 990 |
| 2014 | $44,169 | $44,169 | $721,698 | $721,698 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $10K total
1 grant to Farms-prides Community Association totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Boston Foundation Inc | Emergency support | 2019 | $10,000 |
Frequently asked questions
- Is Farms-prides Community Association a legitimate nonprofit?
- Yes. Farms-prides Community Association is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-6052046, based in Beverly, Massachusetts. Donations are tax-deductible.
- What is Farms-prides Community Association's EIN?
- Farms-prides Community Association's Employer Identification Number (EIN) is 04-6052046.
- How much revenue does Farms-prides Community Association report?
- Farms-prides Community Association reported $35,740 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Farms-prides Community Association have?
- CharityIndex grades Farms-prides Community Association D, based on financial health (reserves and operating margin).
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Data for Farms-prides Community Association (EIN 04-6052046) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.