CHOSHEN FARM INC (EIN 208708011) - 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

2007

Legal Domicile

Principal Officer

Rod Cosgrove

Phone

5099517474

Tax Period

2023-01-01 to 2023-12-31

CHOSHEN FARM INC, founded in 2007, is a small nonprofit in the International Affairs sector that reported $590K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $534K left a modest 9% surplus.

Mission

The mission of Choshen Farm is to impact rural Zambia for Christ through relational encouragement, community development, and strengthening of the local church.

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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 (2023)

Revenue Breakdown

Contributions & Grants $589,749

Program Service Revenue $0

Investment Income $5

Other Revenue $0

TOTAL REVENUE $589,754

Expense Breakdown

Grants Paid $165,028

Salaries & Benefits $112,982

Fundraising Expenses $0

Program Expenses $462,851

Other Expenses $255,742

TOTAL EXPENSES $533,752

Year-over-Year Comparison

	2023	2022	Change
Revenue	$589,754	$494,127	+0.2%
Expenses	$533,752	$486,595	+0.1%
Net Income	$56,002	$7,532	+6.4%

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

N/A

Employees

Volunteers

N/A

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

$81,904

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jeremy Colvin	Co-Director	40	Director	$26,500	$14,452	$40,952
Bethany Colvin	Co-Director	40	Director	$26,500	$14,452	$40,952
Donna Stauffer	Board Member	2	Director	$0	$0	$0
Roger Steele	Board Member	2	Director	$0	$0	$0
Brianne Alderman	Board Member	2	Director	$0	$0	$0
Arum Lansel	Vice-President	4	Officer	$0	$0	$0
Rod Cosgrove	President	5	Officer	$0	$0	$0
Darcy Stockdill	Secretary/Treasurer	8	Officer	$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
2024	No data	No data	No data	No data
2023	$589,754	$533,752	$177,063	$56,002
2022	$494,127	$486,595	$122,306	$7,532
2021	$460,907	$489,470	$129,446	$-28,563
2020	$360,730	$306,242	$143,026	$54,488
2019	$349,280	$353,772	$96,645	$-4,492
2018	$444,550	$427,525	$91,921	$17,025

CHOSHEN FARM INC