NORTHEAST ORGANIC FARMING ASSOCVT (EIN 223260420) - 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

1971

Legal Domicile

Principal Officer

GRACE OEDEL

Tax Period

2023-01-01 to 2023-12-31

NORTHEAST ORGANIC FARMING ASSOCVT, founded in 1971, is a community nonprofit in the Arts, Culture & Humanities sector that reported $7.0M in total revenue in fiscal year 2023. Revenue surged 91% from the prior year, signaling strong growth momentum. Expenses of $6.3M left a modest 10% surplus.

Mission

THE NORTHEAST ORGANIC FARMING ASSOCIATION OF VERMONT PROMOTES ORGANIC PRACTICES TO BUILD AN ECOMNOMICALLY VIABLE, ECOLOGICALLY SOUND AND SOCIALLY JUST VERMONT AGRICULTURAL SYSTEM THAT BENEFITS ALL LIVING THINGS.

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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 $5,674,948

Program Service Revenue $1,237,342

Investment Income $74,776

Other Revenue $2,637

TOTAL REVENUE $6,989,703

Expense Breakdown

Grants Paid $2,475,374

Salaries & Benefits $2,274,645

Fundraising Expenses $180,058

Program Expenses $5,509,770

Other Expenses $1,564,122

TOTAL EXPENSES $6,314,141

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,989,703	$3,655,887	+0.9%
Expenses	$6,314,141	$3,059,715	+1.1%
Net Income	$675,562	$596,172	+0.1%

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

$251,081

Total Directors

$5,869

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE THRESHER	PRESIDENT	1.00	Officer Director	$575	$0	$575
ERIC SORKIN	TREASURER	1.00	Officer Director	$575	$0	$575
JOE BOSSEN	BOARD MEMBER	1.00	Director	$0	$0	$0
CHERYL CESARIO	BOARD MEMBER	1.00	Director	$575	$0	$575
MAGGIE DONIN	BOARD MEMBER	1.00	Director	$575	$0	$575
ABBIE CORSE	BOARD MEMBER	1.00	Director	$575	$0	$575
PETER FORBES	BOARD MEMBER	1.00	Director	$575	$0	$575
TODD HARDIE	BOARD MEMBER	1.00	Director	$575	$0	$575
SOPHIE KRUSZEWSKI	BOARD MEMBER	1.00	Director	$575	$0	$575
CAROLINA LUKAC	BOARD MEMBER	1.00	Director	$694	$0	$694
BECKY MADDEN	BOARD MEMBER	1.00	Director	$575	$0	$575
MIEKO OZEKI	BOARD MEMBER	1.00	Director	$0	$0	$0
GRACE OEDEL	EXECUTIVE DI	40.00	Officer	$127,724	$0	$127,724
NICOLE DEHNE	DIRECTOR OF	40.00	Officer	$100,286	$3,009	$103,295
DONNA SAMSON	FINANCE DIRE	32.00	Officer	$18,361	$551	$18,912

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	$6,989,703	$6,314,141	$6,495,200	$675,562
2022	$3,211,661	$3,496,156	$4,818,124	$-284,495
2022	No data	No data	No data	No data
2021	$3,655,887	$3,059,715	$5,671,372	$596,172
2021	No data	No data	$5,058,519	No data
2020	$3,372,951	$2,854,365	$4,876,069	$518,586
2020	$3,372,951	$2,854,365	$5,058,519	$518,586
2019	$2,783,473	$2,583,972	$4,073,348	$199,501
2019	$2,783,473	$2,583,972	$4,073,348	$199,501
2018	$2,563,947	$2,544,126	$3,735,587	$19,821

NORTHEAST ORGANIC FARMING ASSOCVT