Spriestersbach Farm Corporation
- Assets
- $1.2m
- Revenue
- $24.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Indianapolis, IN
- Founding
- 07/2011
- Data as of
- 12/2023
- EIN
- 26-4784932
Organization Overview
Spriestersbach Farm Corporation is located in Indianapolis, IN. The organization was established in 2011. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spriestersbach Farm Corporation 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, Spriestersbach Farm Corporation generated $24.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.0%) each year. All expenses for the organization totaled $38.7k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE SPRIESTERSBACH FARM CORPORATION IS TO PROVIDE EDUCATION ABOUT AGRICULTURE FOR THE GENERAL PUBLIC, WITH A PARTICULAR EMPHASIS ON YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTED SALEM MIDDLE SCHOOL IN THEIR EFFORT TO TEACH AGRICULTURE USING POULTRY HATCHING AND HYDROPONIC GROWING. THIS PROGRAM AIMS TO HELP YOUTH LEARN ABOUT WHAT IS INVOLVED IN GROWING PRODUCE AND THE DEVELOPMENT AND CARE OF ANIMALS. THE SPECIFIC FUNDING PROVIDED ALLOWED THE SCHOOL TO PURCHASE THE NECESSARY SUPPLIES FOR HANDS-ON LEARNING..
PROVIDED SUPPORT TO THE FARM BUREAU FOUNDATION TO BENEFIT THE INDIANA FARM BUREAU AG IN THE CLASSROOM PROGRAM. THE SPECIFIC USE OF THIS SUPPORT HELPED TO CREATE 40 NEW MIDDLE SCHOOL LESSONS AND UPDATE 40 EXISTING LESSONS IN THE CENTER FOR AGRICULTURE AND ENVIRONMENTAL RESEARCH AND TECHNOLOGY LIBRARY. THESE LESSONS ARE USED BY TEACHERS TO HELP CHILDREN TO LEARN ABOUT AGRISCIENCE EARLIER THAN HIGH SCHOOL. EACH LESSON IS CREATED WITH A STUDENT TEXTBOOK UNIT, ONLINE ASSESSMENTS, AND POWERPOINTS FOR TEACHERS TO USE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Geswein President | OfficerTrustee | 2 | $0 |
Doug King Vice President | OfficerTrustee | 2 | $0 |
Anne Cristiani Secretary | OfficerTrustee | 2 | $0 |
Mark J Thornburg Treasurer | OfficerTrustee | 2 | $0 |
Deb Trotter Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $43,383 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$18,995 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,388 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $26,000 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,646 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $950 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $38,741 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $36,322 |
| 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 | $1,139,916 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,176,238 |
| 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 | $1,176,238 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,176,238 |
Grants Awarded
Over the last fiscal year, Spriestersbach Farm Corporation has awarded $14,941 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTH DEARBORN COMMUNITY SCHOOL CORPORATION PURPOSE: Ag Dept Development | $9,941 |
INDIANA FARM BUREAU PURPOSE: Ag Education Materials | $5,000 |