WOOLLY FARMS FOUNDATION (EIN 852902666) - 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

2021

Legal Domicile

Principal Officer

JAKE FARRANT

Phone

7854006136

Tax Period

2023-01-01 to 2023-12-31

WOOLLY FARMS FOUNDATION, founded in 2021, is a small nonprofit in the Education sector that reported $210K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. Expenses of $322K exceeded revenue, resulting in a 53% operating deficit.

Mission

TO PROVIDE ADULTS WITH DIVERSE NEEDS AND ABILITIES THE OPPORTUNITY TO REACH THEIR FULLEST POTENTIAL BY PROVIDING A SUPERVISED ENVIRONMENT IN WHICH TO STRENGTHEN INDEPENDENCE, BUILD RELATIONSHIPS AND GROW.

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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 (2023)

Revenue Breakdown

Contributions & Grants $140,871

Program Service Revenue $7,445

Investment Income $0

Other Revenue $61,632

TOTAL REVENUE $209,948

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $85,603

Other Expenses $271,926

TOTAL EXPENSES $321,926

Year-over-Year Comparison

	2023	2022	Change
Revenue	$209,948	$150,624	+0.4%
Expenses	$321,926	$93,132	+2.5%
Net Income	$-111,978	$57,492	-2.9%

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

N/A

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

$926,255

Total Directors

$886,715

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAKE FARRANT	PRESIDENT	1.00	Officer Director	$0	$33,058	$227,326
KYSA FARRANT	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JOE KERR	DIRECTOR	1.00	Officer Director	$0	$25,949	$284,597
LACEY MONHOLLON	SECRETARY	2.00	Officer Director	$0	$21,642	$128,123
NICK OLSON	TREASURER	1.00	Officer Director	$0	$39,613	$246,669
COLTER SCOTT	EXECUTIVE DIRECTOR	40.00	Officer	$0	$5,673	$39,540

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	$209,948	$321,926	$41,176	$-111,978
2022	$150,624	$93,132	$110,272	$57,492

WOOLLY FARMS FOUNDATION