Blue Grass Farms Charities Inc
- Assets
- $289.7k
- Revenue
- $364.4k
- Investments
- $0.0
- Employees
- 1
- Location
- Lexington, KY
- Founding
- 01/2007
- Data as of
- 12/2021
- EIN
- 20-0374962
Organization Overview
Blue Grass Farms Charities Inc is located in Lexington, KY. The organization was established in 2007. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blue Grass Farms Charities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Blue Grass Farms Charities Inc generated $364.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $252.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A COMPREHENSIVE SAFETY NET FOR PEOPLE WORKING IN THE CENTRAL KENTUCKY THOROUGHBRED INDUSTRY AND THEIR IMMEDIATE FAMILY MEMBERS, INCLUDING HEALTH, WELFARE, EDUCATION, HOUSING, AND CLOTHING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHARITY ADDRESSES THE ISSUES OF HUNGER, HOMELESSNESS, HEALTH CARE AND CLOTHING FOR EQUINE WORKERS AND THEIR FAMILIES. THE "TACK ROOM" PROGRAM STOCKS FOOD, HOUSEHOLD AND HYGIENE SUPPLIES, SEASON APPROPRIATE CLOTHING, AND OFFERS EMERGENCY FINANCIAL AID FOR UTILITIES, GAS, HOUSING, AND MEDICAL CARE. THE CHARITY ALSO DELIVERS ON A WEEKLY BASIS FREE FRESH FRUITS AND PERISHABLE FOODS DIRECTLY TO THE FARM WORKERS. HEALTH CLINICS ARE OFFERED ON A ROTATING BASIS.
THE CHRISTMAS HOLIDAY CELEBRATION IS AN ANNUAL EVENT THAT MAKES SURE EVERY FARM WORKER CHILD CAN EXPERIENCE THE JOY OF RECEIVING DURING THE CHRISTMAS HOLIDAY. THE HOLIDAY CELEBRATION PROVIDES NOT ONLY A PLACE WHERE FARM WORKER FAMILIES FROM DIFFERENT LOCATIONS, FARMS AND TRAINING CENTERS COME TOGETHER TO SHARE A HOT HOLIDAY MEAL, BUT IT IS ALSO FULFILLMENT OF A HAPPY CHRISTMAS FOR CHILDREN, WITH VISITS WITH SANTA CLAUS, AS WELL AS NEW TOYS AND SPECIAL GIFTS FOR EVERY CHILD.
THE CHARITY PROVIDES BACK-TO-SCHOOL BACKPACKS STUFFED WITH SCHOOL SUPPLIES FOR FARM WORKER FAMILY CHILDREN IN GRADES K-5. VOLUNTEERS DELIVER THE BACKPACKS FOR THE WORKER CHILDREN TO THE INDIVIDUAL FARMS, AND EACH YEAR THE NUMBER OF BACKPACKS HAS GROWN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Thornbury Tresurer | OfficerTrustee | 2 | $0 |
Bryan Lyster Secretary | OfficerTrustee | 2 | $0 |
Jesse Ullery President | OfficerTrustee | 2 | $0 |
Gibson Wilhite Director | Trustee | 2 | $0 |
Amy Mclean Director | Trustee | 2 | $0 |
Amy Nave Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $85,179 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $315,199 |
| Noncash contributions included in lines 1a–1f | $37,627 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $400,378 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$35,967 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $364,411 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $74,732 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $92,221 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,055 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,214 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,325 |
| Office expenses | $5,085 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,120 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,108 |
| All other expenses | $5,103 |
| Total functional expenses | $252,500 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $289,690 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $289,690 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $289,690 |
| Total liabilities and net assets/fund balances | $289,690 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Blue Grass Farms Charities Inc has recieved totaling $69,247.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $25,000 |
Thoroughbred Charities Of America Inc Lexington, KY | | $18,000 |
Edward H Lane Foundation Hardy, VA PURPOSE: GENERAL FUND | $10,000 |
Honorable Order Of Kentucky Colonels Inc Louisville, KY PURPOSE: GENERAL SUPPORT | $7,247 |
Charles R Jelm Charitable Foundation Inc Garden City, NY PURPOSE: GENERAL SUPPORT | $6,000 |
Snowy Owl Foundation Louisville, KY PURPOSE: VISION CARE PROGRAM PROVIDING FREE EYE EXAMS AND EYE WEAR FOR FARM WORKER FAMILIES | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Healthcare Physicians Inc Martinsburg, WV | $27,421,318 | $84,817,307 |
Operation Compassion A Tennessee Non-Profit Corporation Cleveland, TN | $18,764,537 | $70,147,882 |
Barnabas Foundation Crete, IL | $428,082,293 | $83,271,055 |
United Faith Ministries Inc Norfolk, VA | $10,805,826 | $50,029,760 |
Gospel Light Mennonite Church Medical Aid Plan Canton, OH | $23,765,488 | $52,923,721 |
Answers In Genesis Inc Petersburg, KY | $94,175,549 | $47,216,237 |
Ministry Health Care Inc St Louis, MO | $291,511,056 | $25,156,032 |
Good News Publishers Wheaton, IL | $44,141,237 | $30,597,185 |
Martha Obryan Center Inc Nashville, TN | $41,203,339 | $31,115,116 |
National Church Residences Foundation Columbus, OH | $124,164,884 | $10,642,562 |
Awana Clubs International St Charles, IL | $16,214,341 | $23,700,094 |
Lutheran Home Westlake, OH | $17,550,739 | $14,990,939 |