FIRST FRUITS FARM INC (EIN 651220502) - 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

2005

Legal Domicile

Principal Officer

RICHARD M BERNSTEIN

Phone

4103432507

Tax Period

2024-01-01 to 2024-12-31

FIRST FRUITS FARM INC, founded in 2005, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $2.9M in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $745K, a strong 26% operating margin.

Mission

FIRST FRUITS FARM RAISES AND DISTRIBUTES FRESH PRODUCE TO VARIOUS SHELTERS, SOUP KITCHENS AND FOOD BANKS IN THE BALTIMORE, MARYLAND, CENTRAL PENSYLVANIA AND WEST VIRGINIA AREAS.

🔒

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 $2,911,791

Program Service Revenue $0

Investment Income $1,957

Other Revenue $0

TOTAL REVENUE $2,913,748

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,083,235

Fundraising Expenses $39,483

Program Expenses $1,983,165

Other Expenses $1,085,678

TOTAL EXPENSES $2,168,913

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,913,748	$4,570,478	-0.4%
Expenses	$2,168,913	$1,755,483	+0.2%
Net Income	$744,835	$2,814,995	-0.7%

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

20000

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

$110,996

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WESLEY A KROCK	COO	50.00	Officer	$110,996	$0	$110,996
Rodney J Hunsberger	Operations Dir	50.00		$101,295	$8,000	$109,295
RICHARD M BERNSTEIN	President	40.00	Officer Director	$0	$0	$0
JACK F CAVANAUGH	Vice President	1.00	Officer Director	$0	$0	$0
DAVID M CHURCHILL	Treasurer	1.00	Officer Director	$0	$0	$0
MARK GARDNER	Secretary	1.00	Officer Director	$0	$0	$0
JOE ARTHUR	Director	1.00	Director	$0	$0	$0
CARMEN DEL GUERCIO	Director	1.00	Director	$0	$0	$0
JORDAN MARTIN	Director	1.00	Director	$0	$0	$0
JAMES SELLINGER Sr	Director	1.00	Director	$0	$0	$0
TIMOTHY PERRY	Director	1.00	Director	$0	$0	$0
AILEEN ESKILDSEN	Director	1.00	Director	$0	$0	$0
LUCY RUTISHAUSER	Director	1.00	Director	$0	$0	$0
CAROL BERNSTEIN	Director	1.00	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	$2,913,748	$2,168,913	$8,203,956	$744,835
2023	$4,570,478	$1,755,483	$7,415,166	$2,814,995
2022	$2,144,340	$1,524,820	$5,025,771	$619,520
2021	$2,256,992	$1,149,266	$6,144,808	$1,107,726
2020	$1,600,514	$709,285	$5,065,541	$891,229
2019	$1,253,240	$497,438	$4,173,183	$755,802
2018	$2,071,148	$347,647	$3,415,128	$1,723,501

FIRST FRUITS FARM INC