Full Spectrum Farms Inc (EIN 010586454) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

Keith Corzine

Phone

8282932521

Tax Period

2024-07-01 to 2025-06-30

Full Spectrum Farms Inc, founded in 2002, is a small nonprofit in the Human Services sector that reported $109K in total revenue in fiscal year 2024. Revenue surged 78% from the prior year, signaling strong growth momentum. Expenses of $159K exceeded revenue, resulting in a 46% operating deficit.

Mission

Full Spectrum Farms will serve adults with autism and their families by providing a farm community where individuals can live and work in a healthy and enriching environment and achieve independence

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $99,450

Program Service Revenue $9,768

Investment Income $13

Other Revenue $0

TOTAL REVENUE $109,231

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,410

Fundraising Expenses $21,958

Program Expenses $106,006

Other Expenses $145,892

TOTAL EXPENSES $159,302

Year-over-Year Comparison

	2024	2023	Change
Revenue	$109,231	$61,407	+0.8%
Expenses	$159,302	$74,322	+1.1%
Net Income	$-50,071	$-12,915	+2.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Norman West	President	1.00	Director	$0	$0	$0
Dr Yue Hillon	Treasurer	1.00	Director	$0	$0	$0
Kim Corzine	Secretary	1.00	Director	$0	$0	$0
Jeffery Goss	Board Attorney	1.00	Director	$0	$0	$0
Jeri Fifer	Board Member	1.00	Director	$0	$0	$0
Marcus Metcalf	Board Member	1.00	Director	$0	$0	$0
Dr Mickey Randolph	Board Member	1.00	Director	$0	$0	$0
Justin Scroggs	Board Member	1.00	Director	$0	$0	$0
Keith Corzine	Board Member	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$109,231	$159,302	$840,688	$-50,071
2024	$61,407	$74,322	$830,843	$-12,915
2023	$80,113	$71,371	$841,091	$8,742
2022	$54,564	$60,391	$832,349	$-5,827
2021	$77,662	$54,695	$838,168	$22,967
2020	$60,306	$56,225	$811,925	$4,081
2019	$49,895	$48,041	$807,844	$1,854
2018	$93,745	$36,810	$803,640	$56,935

Full Spectrum Farms Inc