Civic Intelligence

Farm Animal Reform Movement Inc

EIN 52-1302627 • 501(c)3 • Ithaca, NY

Profile

Farm Animal Rights Movement (FARM) works to end the use of animals for food through public education and grassroots activism. We believe in the inherent self-worth of animals, as well as environmental protection and enhanced public health.

PO Box 4064Ithaca, NY 14852

www.farmusa.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

32nd percentile

0.01x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

45th percentile

0.05x

Higher debt load relative to revenue than 45% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

13th percentile

-22%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

67th percentile

$100,538

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 18.3% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

50th percentile

3.6%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

18th percentile

-16%

Faster revenue growth than 18% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets32nd percentile

Assets

Up

$3,054,159

Up $104,954 (+3.6%) from 2023

Liabilities

Up

$28,981

Up $3,588 (+14%) from 2023

Net Assets

Up

$3,025,178

Up $101,366 (+3.5%) from 2023

Operations
Liabilities / Revenue45th percentileNet Margin13th percentile

Revenue

Down

$549,800

Down $104,918 (-16%) from 2023

Expenses

Up

$668,831

Up $55,898 (+9.1%) from 2023

Net Income

Down

-$119,031

Down $160,816 (-385%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $1,178,171Liabilities 2010: $2,223Net Assets 2010: $1,175,9482010Assets 2011: $1,364,145Liabilities 2011: $15,965Net Assets 2011: $1,348,1802011Assets 2012: $1,665,502Liabilities 2012: $41,539Net Assets 2012: $1,623,9632012Assets 2013: $1,570,232Liabilities 2013: $42,873Net Assets 2013: $1,527,3592013Assets 2014: $1,589,069Liabilities 2014: $43,860Net Assets 2014: $1,545,2092014Assets 2015: $1,452,902Liabilities 2015: $57,985Net Assets 2015: $1,394,9172015Assets 2016: $1,594,740Liabilities 2016: $85,490Net Assets 2016: $1,509,2502016Assets 2017: $1,766,424Liabilities 2017: $44,114Net Assets 2017: $1,722,3102017Assets 2018: $1,916,528Liabilities 2018: $28,982Net Assets 2018: $1,887,5442018Assets 2019: $2,338,558Liabilities 2019: $11,340Net Assets 2019: $2,327,2182019Assets 2020: $2,834,267Liabilities 2020: $63,294Net Assets 2020: $2,770,9732020Assets 2021: $2,902,828Liabilities 2021: $25,651Net Assets 2021: $2,877,1772021Assets 2022: $2,709,013Liabilities 2022: $30,178Net Assets 2022: $2,678,8352022Assets 2023: $2,949,205Liabilities 2023: $25,393Net Assets 2023: $2,923,8122023Assets 2024: $3,054,159Liabilities 2024: $28,981Net Assets 2024: $3,025,1782024

Highlighted filing

2024

Assets$3,054,159
Liabilities$28,981
Net Assets$3,025,178
Open 2024 Filing

Operations Trend

Revenue Growth18th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $468,8292010Expenses 2011: $550,5732011Expenses 2012: $740,0192012Revenue 2013: $897,810Expenses 2013: $984,337Net Income 2013: -$86,5272013Revenue 2014: $1,222,769Expenses 2014: $1,223,420Net Income 2014: -$6512014Revenue 2015: $1,350,293Expenses 2015: $1,513,246Net Income 2015: -$162,9532015Revenue 2016: $1,767,628Expenses 2016: $1,653,297Net Income 2016: $114,3312016Revenue 2017: $1,794,702Expenses 2017: $1,581,642Net Income 2017: $213,0602017Revenue 2018: $950,318Expenses 2018: $867,640Net Income 2018: $82,6782018Revenue 2019: $995,096Expenses 2019: $555,426Net Income 2019: $439,6702019Revenue 2020: $542,286Expenses 2020: $342,032Net Income 2020: $200,2542020Revenue 2021: $515,775Expenses 2021: $401,528Net Income 2021: $114,2472021Revenue 2022: $545,743Expenses 2022: $504,690Net Income 2022: $41,0532022Revenue 2023: $654,718Expenses 2023: $612,933Net Income 2023: $41,7852023Revenue 2024: $549,800Expenses 2024: $668,831Net Income 2024: -$119,0312024

Highlighted filing

2024

Revenue$549,800
Expenses$668,831
Net Income-$119,031
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,054,159
Liabilities
$28,981
Net assets
$3,025,178
Revenue
$549,800
Expenses
$668,831
Net income
-$119,031
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.05$0.03$3.03$0.55$0.67$0.12
2023Detailed filing. Detailed filing data is available for this year.$2.95$0.03$2.92$0.65$0.61$0.04
2022Detailed filing. Detailed filing data is available for this year.$2.71$0.03$2.68$0.55$0.50$0.04
2021Detailed filing. Detailed filing data is available for this year.$2.90$0.03$2.88$0.52$0.40$0.11
2020Detailed filing. Detailed filing data is available for this year.$2.83$0.06$2.77$0.54$0.34$0.20
2019Summary only. Only limited summary data is available for this year.$2.34$0.01$2.33$1.00$0.56$0.44
2018Summary only. Only limited summary data is available for this year.$1.92$0.03$1.89$0.95$0.87$0.08
2017Summary only. Only limited summary data is available for this year.$1.77$0.04$1.72$1.79$1.58$0.21
2016Summary only. Only limited summary data is available for this year.$1.59$0.09$1.51$1.77$1.65$0.11
2015Summary only. Only limited summary data is available for this year.$1.45$0.06$1.39$1.35$1.51$0.16
2014Summary only. Only limited summary data is available for this year.$1.59$0.04$1.55$1.22$1.22$0.00
2013Summary only. Only limited summary data is available for this year.$1.57$0.04$1.53$0.90$0.98$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.67$0.04$1.62$0.74
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.02$1.35$0.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.18$0.00$1.18$0.47
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$1,523,856
Mission and Program Overview

Mission

Farm Animal Rights Movement (FARM) works to end the use of animals for food through public education and grassroots activism. We believe in the inherent self-worth of animals, as well as environmental protection and enhanced public health.

Farm Animal Rights Movement (FARM) works to end the use of animals for food through public education and grassroots activism. We believe in the self worth of animals, as well as environmental protection and public health.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,638,698$1,419,111▼ $219,587
Savings and Temporary Cash Investments$362,238$766,252▲ $404,014
Other Notes and Loans Receivable, Net$716,055$660,483▼ $55,572
Land, Buildings, and Equipment, Net$160,000$160,000→ $0
Cash and Non-Interest-Bearing Accounts$56,077$36,191▼ $19,886
Accounts Receivable$15,137$10,518▼ $4,619
Prepaid Expenses and Deferred Charges$0$604▲ $604
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$2,949,205$3,054,159▲ $104,954
Other Assets Total$1,000$1,000→ $0
Liabilities
Accounts Payable and Accrued Expenses$9,438$28,981▲ $19,543
Grants Payable$8,450$0▼ $8,450
Deferred Revenue$7,505$0▼ $7,505
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$25,393$28,981▲ $3,588
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,867,859$3,025,178▲ $157,319
Net Assets With Donor Restrictions$55,953$0▼ $55,953
Total Net Assets Fund Balance$2,923,812$3,025,178▲ $101,366
Total Liabilities and Net Assets / Fund Balance$2,949,205$3,054,159▲ $104,954

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$160,000-$0
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers
Top Officer Pay67th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Eric C LindstromExecutive DirectorFT$100,538$100,538

Board Members and Trustees

NameTitle
Alex HershaftPresident
Jim MasonBoard Officer
Lucille Wheeler GoodrumBoard Officer
Tushar MehtaBoard Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$444,317
Program Service Revenue
$35,323
Investment Income
$68,749
Other Revenue
$1,411
All Other Contributions
$437,450
Change in Net Assets
$-119,031

Audited Revenue Reconciliation

Revenue per Audited Statements
$615,475
Revenue Not Reported on Financial Statements
$-65,675
Revenue Not Reported on Form 990
$154,721
Other Revenue Adjustments
$-65,675
Total Revenue per Audited Statements
$770,196
Total Revenue per Form 990
$549,800
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$478,742
Other Expenses$187,389
Total Fundraising Expense$18,408
Grants and Similar Amounts Paid$2,700
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$363,431$43,397$8,886$415,714
Fees for Services Other$63,327$5,612$0$68,939
Office Expenses$44,191$9,178$6,520$59,889
Payroll Taxes$27,492$3,878$728$32,098
Other Employee Benefits$30,178$752$0$30,930
Occupancy$13,809$0$0$13,809
Travel$9,738$87$1,217$11,042
Fees for Service Investment Mgmnt Fees$0$10,245$0$10,245
Advertising$5,922$17$77$6,016
Fees for Services Accounting$0$5,750$0$5,750
Information Technology$4,159$975$281$5,415
Other Expenses$2,962$668$0$3,630
Grants to Domestic Orgs$2,700--$2,700
Insurance$977$978$0$1,955
Conferences and Meetings$0$0$699$699
Total Functional Expenses$568,886$81,537$18,408$668,831

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$668,831
Total Expenses per Audited Statements$668,831
Total Expenses per Form 990$668,831
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Alex HershaftPresident & Founderrent for storage space in houseNo$12,000

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The form is prepared by the Finance Director and reviewed the Executive Director and Board of Directors.”

Form 990, Part VI, Section C, Line 19

“Upon request”

Filing and Contact Details

Filer

Filer Name
Farm Animal Reform Movement Inc
EIN
52-1302627
Phone
3015301737
Address
PO Box 4064, Ithaca, NY 14852
Doing Business As
Farm Animal Rights Movement

Signing Officer

Name
Alex Hershaft
Title
President
Phone
3015301737
Signed
2025-11-17

Organization Details

Principal Officer
Alex Hershaft
Formed
1983
Legal Domicile
Md
Voting Board Members
4
Independent Board Members
3
Employees
8
Volunteers
25
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Payments for program support services”

Financial Statement Notes

Schedule D, Part X, Line 2

“FARM has not recognized any cumulative adjustment relating to the adoption of FASB ASC income tax topics, nor are there any unrecognized tax benefits to be disclosed as of 12/31. Uncertainty in income taxes for a non-profit would include the status of its exemption from taxes, status of filing in local jurisdictions and unrelated business income, if any.”

Schedule D, Part XI, Line 2D

“rounding difference”

Schedule D, Part XI, Line 4B

“Realized gain/loss booked as unrealized gain/loss in previous year(s)”

Raw XML AppendixShowing 400 of 642 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/PersonNm1Alex Hershaft
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