Saving Grace Farm Inc is located in Salisbury, NC. The organization was established in 2000. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saving Grace Farm 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 06/2024, Saving Grace Farm Inc generated $182.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $164.2k during the year ending 06/2024. While expenses have increased by 16.8% per year over the past 6 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
2024
Describe the Organization's Program Activity:
Part 3
PROVIDED THERAPEUTIC EQUINE SERVICES TO CHILDREN AND ADULTS, INCLUDING VETERANS, WHO SUFFER FROM PHYSICAL AND/OR MENTAL DISABILITIES AND CHALLENGES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Barbee-Ziegler President | 1 | $0 | |
Randy Elium Vice Preside | 1 | $0 | |
Elizabeth Gerometta Treasurer | 1 | $0 | |
Lesa Prince Secretary | 0.5 | $0 | |
Bryson Boyd Member | 0.5 | $0 | |
Beth Dixon Member | 0.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,192 |
| Total Program Service Revenue | $80,364 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | -$83 |
| Net Income from Gaming & Fundraising | $20,293 |
| Other Revenue | $0 |
| Total Revenue | $182,766 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $70,886 |
| Professional fees and other payments to independent contractors | $28,156 |
| Occupancy, rent, utilities, and maintenance | $8,478 |
| Printing, publications, postage, and shipping | $171 |
| Other expenses | $56,475 |
| Total expenses | $164,166 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,927 |
| Other assets | $0 |
| Total assets | $65,679 |
| Total liabilities | $1,056 |
| Net assets or fund balances | $64,623 |