everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Independence Farm Inc 010192

Corsicana, TX / EIN 75-2407242 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011535,058559,615−24,5570.563%
2012579,019560,57018,4490.964%
2013562,228559,2942,9341.064%
2014515,228507,6597,5691.363%
2015480,297491,923−11,6261.060%
2016465,390469,922−4,5321.061%
2017476,275463,02613,2491.363%
2018530,857484,59746,2602.462%
2019400,915470,513−69,5981.059%
2020440,540438,6451,8951.161%
2021501,467457,34344,1242.360%
2022480,400492,989−12,5892.963%
2023423,853502,534−78,6811.060%

In its most recent public year (2023), this organization spent $78,681 more than it brought in. Its reserves stood at about 1 months of spending. Staff pay was 60% of spending.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings

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