RUSTED GATE FARM (EIN 843639281) - 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

JO ANN SHANNON

Tax Period

2023-04-01 to 2024-03-31

RUSTED GATE FARM, founded in 2019, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $336K in total revenue in fiscal year 2023. Revenue surged 432% from the prior year, signaling strong growth momentum. Expenses of $2.4M exceeded revenue, resulting in a 611% operating deficit.

Mission

THROUGH SHARING OUTCOMES OF EXPERIMENTATION WITH TRADITIONAL, ALTERNATIVE AND INNOVATE FARM PRACTIVES, RUSTED GATE FARM INTENDS TO IDENTIFY A MIX OF INCOME PRODUCING ACTIVITIES THAT WILL INCREASE AVERAGE FARM INCOME, PROMOTE ENVIRONMENTAL HEALTH AND INSURE LONG-TERM FINANCIAL SECURITY FOR SMALL FARMS.

🔒

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 $137,215

Program Service Revenue $405,781

Investment Income $-240,700

Other Revenue $33,790

TOTAL REVENUE $336,086

Expense Breakdown

Grants Paid $0

Salaries & Benefits $913,518

Fundraising Expenses $0

Program Expenses $1,554,712

Other Expenses $1,475,473

TOTAL EXPENSES $2,388,991

Year-over-Year Comparison

	2023	2022	Change
Revenue	$336,086	$63,143	+4.3%
Expenses	$2,388,991	$2,211,000	+0.1%
Net Income	$-2,052,905	$-2,147,857	0.0%

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

$122,631

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JO ANN SHANNON	EXECUTIVE DIRECTOR	040.00	Officer	$122,631	$0	$122,631
MATT BORMAN	PRESIDENT	002.00	Director	$0	$0	$0
MARTIN GOEBEL	SECRETARY	002.00	Director	$0	$0	$0
MIKE FINLEY	TREASURER	002.00	Director	$0	$0	$0
CHRISTY WALTON	FOUNDER	002.00	Director	$0	$0	$0
VINCENT SMITH	BOARD MEMBER	002.00	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
2025	No data	No data	No data	No data
2024	$336,086	$2,388,991	$23,271,214	$-2,052,905
2023	$63,143	$2,211,000	$24,470,329	$-2,147,857
2022	$736,907	$2,139,161	$26,968,465	$-1,402,254
2021	$16,324,078	$1,215,033	$29,151,546	$15,109,045
2020	$14,145,655	$33,977	$14,010,968	$14,111,678

RUSTED GATE FARM