WORMFARM INSTITUTE INC (EIN 391994706) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Phone

6084150347

Tax Period

2024-01-01 to 2024-12-31

WORMFARM INSTITUTE INC, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $280K in total revenue in fiscal year 2024. Revenue fell 62% from the prior year — a significant decline worth monitoring. Expenses of $594K exceeded revenue, resulting in a 112% operating deficit.

Mission

SUSTAINABLE FUTURE FOR AGRICULTURE AND ARTS BY FOSTERING VITAL LINKS BETWEEN PEOPLE & THE LAND. GENERATING, SUPPORTING AND PROMOTING THESE LINKS BETWEEN OUR WORK, OUR CREATIVE SELVES & OUR PLACE ON EARTH IS ESSENTIAL FOR A THRIVING COMMUNITY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $242,299

Program Service Revenue $26,487

Investment Income $11,281

Other Revenue $0

TOTAL REVENUE $280,067

Expense Breakdown

Grants Paid $0

Salaries & Benefits $255,969

Fundraising Expenses $35,600

Program Expenses $396,246

Other Expenses $338,151

TOTAL EXPENSES $594,120

Year-over-Year Comparison

	2024	2023	Change
Revenue	$280,067	$733,884	-0.6%
Expenses	$594,120	$416,878	+0.4%
Net Income	$-314,053	$317,006	-2.0%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

$105,928

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DONNA NEUWIRTH	Director	50.00	Director	$74,000	$0	$74,000
JAY SALINAS	Director	20.00	Director	$31,928	$0	$31,928
GARY GOYKE	Treasurer	0.00	Officer	$0	$0	$0
NICOLE KITE	Vice President	0.00	Officer	$0	$0	$0
CATHERINE SCHWALBE	Secretary	0.00	Officer	$0	$0	$0
SARAH LLOYD	President	0.00	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	$280,067	$594,120	$217,971	$-314,053
2023	$733,884	$416,878	$548,632	$317,006
2022	$525,829	$521,968	$227,992	$3,861
2021	$333,574	$317,962	$189,034	$15,612
2020	$565,556	$418,567	$46,887	$146,989
2019	$203,995	$203,198	$21,645	$797
2018	$257,576	$245,594	$37,837	$11,982

WORMFARM INSTITUTE INC