Benton Family Farm is located in Walton, KY. The organization was established in 2013. According to its NTEE Classification (O52) the organization is classified as: Youth Development - Agricultural, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Benton Family Farm 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, Benton Family Farm generated $182.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $136.3k during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
IT IS OUR MISSION TO TEACH AND EDUCATE CHILDERN AND ADULTS ABOUT A WORKING FARM IN AGRICULTURE AGRATAINMENT HORTICULTURE FORESTRY LAND PRESERVATIONFISH & WILDLIFE RESOURCE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary R Marcum Director | 1 | $5,876 | |
Joshua C Marcum Director | 1 | $0 | |
John D Kelly Director | 1 | $0 | |
Mike L Rousch Director | 1 | $0 | |
Preston J Sheaks Director | 1 | $0 | |
Austin M Stitlt Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,260 |
| Total Program Service Revenue | $97,962 |
| Membership dues | $0 |
| Investment income | $168 |
| Gain or Loss | $5,280 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $65,352 |
| Total Revenue | $182,652 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $74,816 |
| Professional fees and other payments to independent contractors | $7,964 |
| Occupancy, rent, utilities, and maintenance | $7,806 |
| Printing, publications, postage, and shipping | $6,328 |
| Other expenses | $39,359 |
| Total expenses | $136,273 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,413 |
| Other assets | $0 |
| Total assets | $124,233 |
| Total liabilities | $9,443 |
| Net assets or fund balances | $114,790 |