Animal Farm Foundation Inc is located in Bangall, NY. The organization was established in 1982. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Animal Farm Foundation 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 12/2023, Animal Farm Foundation Inc generated $960.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PLEASE SEE ATTACHED FOR THE ACTIVITY DETAIL & EXPENSES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Berkey President | 1 | $0 | |
Donald Cleary Treasurer | 1 | $0 | |
Andrew Saul Director | 1 | $0 | |
Christina Prestia Director | 1 | $0 | |
Cynthia Bathurst Secretary | 1 | $0 | |
Ledy Vankavage Director | 1 | $0 |
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Husch Blackwell Llp | 12/30/21 | $961,764 |
The Wakeman Agency | 12/30/21 | $106,064 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $856,790 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,117 |
| Net Rental Income | $12,000 |
| Net Gain on Sale of Assets | $81,277 |
| Capital Gain Net Income | $68,677 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $1,375 |
| Other Income | $7,137 |
| Total Revenue | $960,696 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $910,070 |
| Pension plans, employee benefits | $192,725 |
| Interest | $0 |
| Taxes | $73,159 |
| Depreciation | $137,892 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $35,804 |
| Printing and publications | $0 |
| Other expenses | $427,071 |
| Total operating and administrative expenses | $1,886,579 |
| Contributions, gifts, grants paid | $135,525 |
| Total expenses and disbursements | $2,022,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,310 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $916 |
| Prepaid expenses and deferred charges | $26,329 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,187,051 |
| Other assets | $45,537 |
| Total assets | $3,323,143 |
| Accounts payable and accrued expenses | $143,811 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $143,811 |