Farm House Fraternity Inc
- Assets
- $15.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 11/1977
- Data as of
- 12/2023
- EIN
- 62-6065097
Organization Overview
Farm House Fraternity Inc is located in Knoxville, TN. The organization was established in 1977. According to its NTEE Classification (B83) the organization is classified as: Student Sororities & Fraternities, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Farm House Fraternity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2023, Farm House Fraternity Inc generated $102.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $100.3k during the year ending 12/2023. While expenses have increased by 2.0% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED MEALS, HOUSING AND SOCIAL PROGRAMS FOR THE LOCAL SOCIAL FRATERNITY MEMBERS - TOTAL OF 35 MEMBERS FOR THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Vaughan President | 0 | $0 | |
Ryan Sewell Dir Administ | 0 | $0 | |
Ryan Koproski VP Finance | 0 | $0 | |
Nicholas Carlisle Dir Risk Man | 0 | $0 | |
Alexander Failla Dir New Memb | 0 | $0 | |
Sean O'neill Dir Alumni R | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $200 |
| Total Program Service Revenue | $102,486 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $102,686 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,595 |
| Occupancy, rent, utilities, and maintenance | $64,441 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,221 |
| Total expenses | $100,257 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,810 |
| Other assets | $0 |
| Total assets | $15,810 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,810 |