Boys Farm Inc (EIN 570446897) - 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

1964

Legal Domicile

Principal Officer

Andre Jennings

Phone

8032765910

Tax Period

2024-10-01 to 2025-09-30

Boys Farm Inc, founded in 1964, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $1.2M left a modest 4% surplus.

Mission

TO PROVIDE HOMES FOR DISPLACED BOYS.

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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 $1,064,562

Program Service Revenue $35,097

Investment Income $154,056

Other Revenue $-27,964

TOTAL REVENUE $1,225,751

Expense Breakdown

Grants Paid $0

Salaries & Benefits $621,033

Fundraising Expenses $74,092

Program Expenses $1,003,899

Other Expenses $558,934

TOTAL EXPENSES $1,179,967

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,225,751	$1,716,791	-0.3%
Expenses	$1,179,967	$960,147	+0.2%
Net Income	$45,784	$756,644	-0.9%

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

250

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

$119,580

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Andre Jennings	Executive Dir.	50.00	Director	$81,900	$2,457	$84,357
Leslie Stillwell	Business Manage	32.00	Director	$34,197	$1,026	$35,223
Mickey Crowe	Director	5.00	Director	$0	$0	$0
Kevin Meetze	Director	5.00	Director	$0	$0	$0
Kathy Wicker	Director	5.00	Director	$0	$0	$0
Walter D Shealy III	Chairman	5.00	Officer	$0	$0	$0
Evans Jones	Vice Chairman	5.00	Officer	$0	$0	$0
Misty West	Secretary	5.00	Officer	$0	$0	$0
Russell Cook	Treasurer	5.00	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
2025	$1,225,751	$1,179,967	$5,986,965	$45,784
2024	$1,716,791	$960,147	$5,947,828	$756,644
2023	$1,441,077	$953,319	$5,115,323	$487,758
2022	$1,179,450	$942,403	$4,580,685	$237,047
2021	$1,328,358	$825,581	$4,337,467	$502,777
2020	$785,512	$820,364	$3,904,898	$-34,852
2019	$1,166,715	$898,058	$3,873,258	$268,657
2018	$881,915	$779,264	$3,604,002	$102,651

Boys Farm Inc