Cul2vate
- Assets
- $1.1m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 21
- Location
- Brentwood, TN
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 46-1086070
Organization Overview
Cul2vate is located in Brentwood, TN. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Cul2vate employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cul2vate 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 12/2022, Cul2vate generated $1.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 32.2% each year . All expenses for the organization totaled $803.5k during the year ending 12/2022. While expenses have increased by 31.0% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
DEVELOP A GROWING FOOD TUNNEL TO HELP FEED THE POOR
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOP A GROWING FOOD TUNNEL TO FEED THE POOR
DEVELOP A GROWING FOOD TUNNEL TO FEED THE POOR
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joey Lankford Executive Dire | Trustee | 50 | $136,121 |
Alli Simpson Secretary | Trustee | 10 | $0 |
Kurt Barton Treasurer | Trustee | 10 | $0 |
Josh Belville Board Of Direc | Trustee | 2 | $0 |
Scott Cole Board Of Dire | Trustee | 2 | $0 |
Corinne Gould Board Of Direc | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $413,955 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $685,702 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,099,657 |
| Total Program Service Revenue | $0 |
| Investment income | $122 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,099,543 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $513,518 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,686 |
| Payroll taxes | $40,124 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,650 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,759 |
| Office expenses | $5,368 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $108,235 |
| Travel | $7,763 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $296 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $27,939 |
| Insurance | $12,817 |
| All other expenses | $96,918 |
| Total functional expenses | $803,509 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $841,568 |
| Savings and temporary cash investments | $111,210 |
| Pledges and grants receivable | $349,362 |
| Accounts receivable, net | $95,071 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,160 |
| Inventories for sale or use | $3,662 |
| Prepaid expenses and deferred charges | $5,814 |
| Net Land, buildings, and equipment | $168,868 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,132,282 |
| Accounts payable and accrued expenses | $10,577 |
| 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 | $10,577 |
| Net assets without donor restrictions | $770,318 |
| Net assets with donor restrictions | $351,387 |
| 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 | $1,578,072 |
| Total liabilities and net assets/fund balances | $1,132,282 |