Health Care (E50Z) IRS Verified DX Registered 990 on File

HARMONY FARMS INCORPORATED

EIN: 59-3114190 · COCOA, FL 32926-5177 · United States · FY 2022 Data

3 out of 5 54 / 100 Based on one year of filings

Financial strength (30%) 77/100

Reliability (20%) 55/100

Effectiveness (25%) 81/100

Impact (25%) No data yet

Financial data: FY 2022 · Scored 9/13/2026

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CharityAI™ Score

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Mission Statement

Harmony Farms was created for the sole purpose of providing safe therapeutic equine activities to disabled individuals. Therapeutic riding has been recognized for more than fifty years as being of significant physical & emotional benefit. The horse provides movement, warmth, stimulation & motivation to the rider, helping them to reach a higher potential and to build confidence & self-esteem.This development in an individual helps with social interaction and enhances their integration into the general community. We handle physical, mental & emotional disabilities. We are members of the Professional Association of Therapeutic Horsemanship International, (PATH), based in Denver, Co. There are 800 members centers around the world. They act as a national advisory & regulatory organization, providing training, instructor certification, insurance and networking opportunities. Member centers must comply with their strict safety guidelines.

Financial Overview — FY 2022

$214K

Total Revenue

$179K

Total Expenses

$92K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 94.7%

Fundraising Efficiency 0.0%

Operating Reserve 6.16x

Liability-to-Asset 91.1%

Revenue Diversification 54.9%

Compared with Peers

FY 2022

Compared with 5,675 similar organizations (United States, Health Care, $100K–$1M in expenses), FY 2022.

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	94.7%	84.1%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	5.3%	11.6%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	0.0%	P10P90	Top quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	0.0%	15.8%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	6.2 mo	14.3 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	91.1%	1.7%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	54.9%	95.4%	P10P90	Top quarter
Revenue growth Year over year revenue growth	-21.1%	10.1%	P10P90
Expense growth Year over year expense growth	8.5%	21.7%	P10P90
Surplus margin Surplus as a share of revenue	16.5%	5.4%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2022	$214K	$179K	$92K	94.7%	8
2021	$271K	$165K	N/A	—	9

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Organization Details

EIN: 59-3114190
State: FL
City: COCOA
ZIP: 32926-5177
Classification: E50Z
Category: Health Care
Rating: 3★
Coverage: B
Last Updated: Aug 2026
IRS Ruling Year: 1992
Foundation Code: 16
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

A pillar with no data counts as zero. Without impact metrics the score is capped at 59 (three stars): only the charity can supply that data.
The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
An organization that is not in good standing with its registry (for example a revoked tax exemption) is shown as Not rated.
"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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