FARM ANIMAL REFORM MOVEMENT INC (EIN 521302627) - 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

1983

Legal Domicile

Principal Officer

Alex Hershaft

Phone

3015301737

Tax Period

2024-01-01 to 2024-12-31

FARM ANIMAL REFORM MOVEMENT INC, founded in 1983, is a small nonprofit in the Animal-Related sector that reported $550K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $669K exceeded revenue, resulting in a 22% operating deficit.

Mission

Farm Animal Rights Movement (FARM) works to end the use of animals for food through public education and grassroots activism. We believe in the self worth of animals, as well as environmental protection and public health.

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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 $444,317

Program Service Revenue $35,323

Investment Income $68,749

Other Revenue $1,411

TOTAL REVENUE $549,800

Expense Breakdown

Grants Paid $2,700

Salaries & Benefits $478,742

Fundraising Expenses $18,408

Program Expenses $568,886

Other Expenses $187,389

TOTAL EXPENSES $668,831

Year-over-Year Comparison

	2024	2023	Change
Revenue	$549,800	$654,718	-0.2%
Expenses	$668,831	$612,933	+0.1%
Net Income	$-119,031	$41,785	-3.8%

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
Eric C Lindstrom	Executive Director	40	Highest	$100,538	$0	$100,538
Alex Hershaft	President	20	Officer Director	$0	$0	$0
Lucille Wheeler Goodrum	Board Officer	0.2	Officer Director	$0	$0	$0
Jim Mason	Board Officer	0.2	Officer Director	$0	$0	$0
Tushar Mehta	Board Officer	0.2	Officer 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
2024	$549,800	$668,831	$3,054,159	$-119,031
2023	$654,718	$612,933	$2,949,205	$41,785
2022	$545,743	$504,690	$2,709,013	$41,053
2021	$515,775	$401,528	$2,902,828	$114,247
2020	$542,286	$342,032	$2,834,267	$200,254

FARM ANIMAL REFORM MOVEMENT INC