Charity Search / SIMPLE PROMISE FARMS
Mental Health & Crisis Intervention (F22) IRS Verified DX Registered 990 on File

SIMPLE PROMISE FARMS

EIN: 84-2236481 · ELGIN, TX 78621-5033 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 77/100
Reliability (20%) 71/100
Effectiveness (25%) 86/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
Claim this Charity
24
CharityAI™ Score
out of 100
Mission Statement

Simple Promise Farms cultivates hope, community, and meaningful work for those battling addiction, allowing them to transform their lives and build healthy relationships.

Financial Overview — FY 2024
$360K
Total Revenue
$364K
Total Expenses
$139K
Net Assets
11
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 76.2%
Fundraising Efficiency N/A
Operating Reserve 4.57x
Liability-to-Asset 25.7%
Revenue Diversification 100.0%
Executive Compensation $35K
Compared with Peers
FY 2024
Compared with 2,597 similar organizations (United States, Mental Health & Crisis Intervention, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
76.2% 84.9%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
20.4% 12.0%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
3.5% 0.0%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
4.6 mo 5.7 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
25.7% 3.9%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
100.0% 95.9%
P10P90
Below median
Revenue growth
Year over year revenue growth
-5.1% 8.2%
P10P90
Expense growth
Year over year expense growth
11.9% 10.1%
P10P90
Surplus margin
Surplus as a share of revenue
-0.9% 2.3%
P10P90
CharityAI™ Evaluation — 2025
24 / 100
0
Financial
51
Reliability
46
Effectiveness
10
Impact
Financial Strength (30%) 0
Reliability & Transparency (20%) 51
Program Effectiveness (25%) 46
Impact & Outcomes (25%) 10

0 programs 9 staff

IRS Verified 85% Data Complete
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $360K $364K $139K 76.2% 11
2023 $380K $325K $142K 73.6% 12
2022 $311K $261K $87K 75.7% 9
2021 $335K $136K N/A — 1
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Organization Details
EIN
84-2236481
State
TX
City
ELGIN
ZIP
78621-5033
Classification
F22
Category
Mental Health & Crisis Intervention
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2019
Foundation Code
15
Form 990
On File
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