Servicemember Agricultural Vocation Education Corp
- Assets
- $1.7m
- Revenue
- $633.2k
- Investments
- $28.1k
- Employees
- 8
- Location
- Riley, KS
- Founding
- 07/2016
- Data as of
- 12/2023
- EIN
- 81-0734441
Organization Overview
Servicemember Agricultural Vocation Education Corp is located in Riley, KS. The organization was established in 2016. According to its NTEE Classification (W30) the organization is classified as: Military & Veterans Organizations, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Servicemember Agricultural Vocation Education Corp employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Servicemember Agricultural Vocation Education Corp 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, Servicemember Agricultural Vocation Education Corp generated $633.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $324.4k during the year ending 12/2023. While expenses have increased by 8.8% per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A TRAINING FARM, ASSIST SERVICEMEMBERS AND VETERANS TO TRANSITION, TO FIND PURPOSE AND MEANING IN LIFE AND ENABLE THEM TO LEARN VALUABLE VOCATIONAL SKILLS TO MEET THE DEMAND FOR AGRICULTURAL OWNERSHIP, EMPLOYMENT, OR OTHER ADVANCED SCHOOLING. FACILITATE HEALING FOR THOSE IN NEED AND PLACE THOSE TRAINED ON WORKING FARMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SAVE PROVIDES OCCUPATIONAL AGRICULTURAL TRAINING AND AGRITHERAPY AND HEALING TO A SIGNIFICANT NUMBER OF VETERANS, SERVICEMEMBERS AND FAMILY MEMBERS ON A TRAINING FARM NEAR FORT RILEY AND KANSAS STATE UNIVERSITY. SAVE FARM OWNS 308 ACRES 9 MILES NW OF MANHATTAN. IN 2023, THE SAVE FARM PRODUCED WHEAT, SOYBEANS, LAVENDER AND PRAIRIE HAY. A LARGE GARDEN PLOT WAS PREPARED AND FENCED, SEVERAL HEAD OF CATTLE WERE GRAZED AND BRED. FARM EQUIPMENT IS IN PLACE AND DONORS HAVE PLEDGED MOST OF THE ANIMALS, FACILITIES AND EQUIPMENT NEEDED FOR OPERATIONS AND TRAINING. THE FARM BEGAN PROGRAMS IN CONTROLLED ENVIRONMENT AGRICULTURE TO INCLUDE A FODDER BOX GROW SYSTEM CAPABLE OF PRODUCING 500 POUNDS OF FODDER PER DAY. A NEW 50X60 MULTIPURPOSE BUILDING WAS CONSTRUCTED FOR USE IN VOCATIONAL TRAINING AND FOR CONSTRUCTION OF TINY HOUSES FOR VETERANS. SAVE CONTINUED ITS KS BOARD OF REGENTS APPROVED SUSTAINABLE AG 5 MONTH COURSES, GRADUATING 2 CLASSES IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Graham Secretary | OfficerTrustee | 2 | $2,480 |
Eric Peck Evp | OfficerTrustee | 16 | $0 |
Tiffany Cutting Treasurer | OfficerTrustee | 8 | $0 |
Ken Devan Director | Trustee | 4 | $0 |
Bruce Mcmillan Director | Trustee | 2 | $0 |
Jason Tucker Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $439,469 |
| All other contributions, gifts, grants, and similar amounts not included above | $98,162 |
| Noncash contributions included in lines 1a–1f | $70,850 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $537,631 |
| Total Program Service Revenue | $69,380 |
| Investment income | $2,276 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,939 |
| Net Gain/Loss on Asset Sales | $1,964 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $633,190 |
| 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. | $71,837 |
| Compensation of current officers, directors, key employees. | $13,099 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,045 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,502 |
| Fees for services: Accounting | $11,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $19,658 |
| Advertising and promotion | $1,939 |
| Office expenses | $1,639 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,197 |
| Travel | $2,271 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,434 |
| Interest | $37,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,861 |
| Insurance | $20,025 |
| All other expenses | $0 |
| Total functional expenses | $324,419 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $150,964 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $38,752 |
| 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 | $1,475,882 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $28,068 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,693,666 |
| Accounts payable and accrued expenses | $7,622 |
| 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 | $950,891 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $958,513 |
| Net assets without donor restrictions | $735,153 |
| 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 | $1,693,666 |