The Low INC EIN 35-2693644

The Low INC

Not yet claimed Claim this org →

Inspires and uplifts community through faith-centered farm programs strengthening families and promoting well-being. For fiscal year 2024 it reported $574K in revenue, $121K in expenses, and $787K in net assets.Pt I

Type
Public charity (501(c)(3)) · Human Services
Location
Lake Worth, FL
Filings
2 on file (2023–2024)
Revenue
$574KFY2024
Expenses
$121K
Net assets
$787K
People
2
Filings
2
Updates
0
More identity details & actions ⌄
EIN  35-2693644 Public charity (501(c)(3)) Lake Worth, FL
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until The Low INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Inspires and uplifts community through faith-centered farm programs strengthening families and promoting well-being.
Leadership
Nicole Solomon-Adams · President Treasurer
Money in and out
$574K revenue, $121K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$574K
Pt VIII · Ln 12
Total expenses
$121K
Pt IX · Ln 25
Net assets
$787K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $454K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
0.1mo
months of highly liquid reserves at operating expense rate▼ -94% vs prior filing year
Surplus margin
+79%
revenue over expenses, this year▲ +6% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$574K
FY2024▲ +28%
Expenses
$121K
FY2024▲ +4%
Total assets
$787K
FY2024▲ +136%
Total liabilities
$0
FY2024
Total revenue
$574K
Pt VIII · Ln 12
Total expenses
$121K
Pt IX · Ln 25
Net assets
$787K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$454K
Total assetsPt X · Ln 16$787K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

3 program services account for $121K of program spending, described in the organization's own filed words · FY2024.
01

Community Faith & Wellness Programs The organization provides faith-centered community programs that strengthen families and promote emotional, spiritual, and physical well-being. Activities include gatherings, workshops, and farm-based experiences designed to foster connection, resilience, and healthy lifestyles for individuals of all…

$80Kprogram expense
02

Outreach & Support for Individuals in Need We serve individuals and families experiencing hardship, hurt, or crisis by offering encouragement, resources, and a supportive environment. Through faith-based outreach, we help those in dark or difficult places access community connection, spiritual support, and programs that promote hope and…

$31Kprogram expense
03

Family & Fellowship Events on the Farm The organization hosts year-round farm-based events that cultivate community bonding through fellowship, fun, and faith. These experiencesopen to all agesare designed to build strong relationships, promote positive family engagement, and shine Gods love throughout the community.

$10Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Low INC
EINHdr · item D35-2693644
Principal addressHdr · item CLake Worth, FL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHuman Services (P30)
Ruling yearIRS BMFOct 2024

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
See The Low INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants100%$574K
Total revenueLn 12$574K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$121K
Total functional expensesLn 25$121K

Balance Sheet

Part X · end of year
CashLn 1$547
Total assetsLn 16$787K
Total liabilitiesLn 26$0
Total net assetsLn 32$787K
Months of cash on handcomputed0.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $547 · Operating expenses/yr $121K
0.1 months
Where the money goes
Program services
Program services $121K · Total expenses $121K
100%
Management & General
Management & general $0 · Total expenses $121K
0%
Fundraising
Fundraising $0 · Total expenses $121K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $512K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $574K · Total revenue $574K
100%
Government reliance
Government grants — · Total revenue $574K
Earned-income share
Program service revenue $0 · Total revenue $574K
0%
Investment reliance
Investment income $0 · Total revenue $574K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $121K
0%
Growth & trend
Revenue growth (YoY)
This year $574K · Prior year $449K
+28%
Net-asset trend (YoY)
End of year $787K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $574K · Expenses $121K
+79%
Liabilities-to-Assets
Total liabilities — · Total assets $787K
Net-asset ratio
Net assets $787K · Total assets $787K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $787K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Nicole Solomon-Adams · Reported title PRESIDENT TREASURER · Highest reported compensation $0 · Total expenses $121K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $121K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 28%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Similar Organizations

Closest in mission — by what they do
See all organizations like The Low INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$574K revenue · viewing · ⤓ 990 PDF
FY2023$449K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.