PROVIDENCE FARM COLLECTIVE CORP (EIN 843427072) - 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

2019

Legal Domicile

Principal Officer

KRISTIN HELTMAN-WEISS

Phone

7164739338

Tax Period

2023-01-01 to 2023-12-31

PROVIDENCE FARM COLLECTIVE CORP, founded in 2019, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $1.3M in total revenue in fiscal year 2023. Revenue fell 53% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $371K, a strong 28% operating margin.

Mission

UPLIFT THE NEXT GENERATION OF DIVERSE AGRICULTURAL ENTREPRENEURS AND COMMUNITY FARMERS

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $1,197,460

Program Service Revenue $97,149

Investment Income $22,936

Other Revenue $10,276

TOTAL REVENUE $1,327,821

Expense Breakdown

Grants Paid $0

Salaries & Benefits $601,236

Fundraising Expenses $128,171

Program Expenses $659,793

Other Expenses $355,735

TOTAL EXPENSES $956,971

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,327,821	$2,825,707	-0.5%
Expenses	$956,971	$763,226	+0.3%
Net Income	$370,850	$2,062,481	-0.8%

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

350

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

$69,503

Total Directors

$69,503

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURA HUNT	TREASURER	3.00	Officer Director	$0	$0	$0
REBECCA FRENCH	BOARD MEMBER	2.00	Director	$0	$0	$0
ZELALEM GEMMEDA	BOARD MEMBER	2.00	Director	$0	$0	$0
HALIMA MUHINA	BOARD MEMBER	2.00	Director	$0	$0	$0
TOM PETROCELLI	BOARD MEMBER	2.00	Director	$0	$0	$0
TAMAR ROTHAUS	BOARD MEMBER	2.00	Director	$0	$0	$0
RACHEL TARWO	BOARD MEMBER	2.00	Director	$0	$0	$0
KRISTIN HELTMAN-WEISS	PRESIDENT/EXECUTIVE DIRECTOR	40.00	Officer Director	$65,303	$4,200	$69,503

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	$1,327,821	$956,971	$2,880,569	$370,850
2022	$2,825,707	$763,226	$2,528,904	$2,062,481
2021	$672,272	$484,484	$431,566	$187,788
2020	$377,782	$158,942	$235,972	$218,840

PROVIDENCE FARM COLLECTIVE CORP