Farm Place Inc
- Assets
- $768.8k
- Revenue
- $118.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Lagrange, IN
- Founding
- 06/2017
- Data as of
- 12/2021
- EIN
- 81-4767776
Organization Overview
Farm Place Inc is located in Lagrange, IN. The organization was established in 2017. According to its NTEE Classification (F30) the organization is classified as: Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farm Place 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 12/2021, Farm Place Inc generated $118.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $26.7k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FARM PLACE, INC. IS A FAITH BASED INITIATIVE WHOSE MISSION IS TO PROVIDE A SAFE, NURTURING AND RESTORATIVE PLACE FOR CHILDREN IN NEED THROUGH THERAPEUTIC ANIMAL COMPANIONSHIP AND OTHER METHODS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CREATE AN ATMOSPHERE THAT ALLOWS CHILDREN TO HAVE A FACILITY TO BE UTILIZED FOR SUPERVISED THERAPEUTIC EVENTS. THESE EVENTS WILL INCLUDE, BUT NOT LIMITED TO, THE USE OF ANIMALS ALONG WITH LOCAL SUPPORT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith James Vice Preside | OfficerTrustee | $0 | |
Jennifer Laughlin Treasurer | Officer | $0 | |
Jackie Myers President | Officer | 5 | $0 |
Sue Keenan Secretary | Officer | $0 | |
Sarah Clarkson Member | Trustee | $0 | |
Stacy Merrifield Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $111,055 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,055 |
| Total Program Service Revenue | $0 |
| Investment income | $133 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,671 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $118,859 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $866 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,477 |
| Insurance | $2,916 |
| All other expenses | $0 |
| Total functional expenses | $26,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $191,456 |
| Savings and temporary cash investments | $75,529 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $501,775 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $768,760 |
| Accounts payable and accrued expenses | $2,360 |
| 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 | $500 |
| Total liabilities | $2,860 |
| Net assets without donor restrictions | $765,900 |
| 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 | $768,760 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Farm Place Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Lagrange County Community Foundation Inc Lagrange, IN PURPOSE: ANIMAL COMPANIONSHIP | $20,000 |
Community Hospital Of Lagrange County Inc Lagrange, IN PURPOSE: PROGRAMS TO PROVIDE A SAFE, NURTURING AND RESTORATIVE PLACE FOR CHILDREN IN NEED THROUGH THERAPEUTIC ANIMAL COMPANIONSHIP AND OTHER METHODS | $10,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gigis Playhouse Inc Hoffman Estates, IL | $13,803,790 | $10,829,848 |
Rogers Behavioral Health - Georgia Inc Oconomowoc, WI | $2,565,896 | $8,460,755 |
Independence Center St Louis, MO | $15,514,522 | $10,088,288 |
La Porte County Comprehensive Mental Health Council Inc Michigan City, IN | $6,464,623 | $9,773,066 |
New Horizons Community Support Services Inc Jefferson City, MO | $7,588,419 | $8,020,670 |
Rise Wisconsin Inc Madison, WI | $8,455,495 | $7,487,498 |
Human Support Services Waterloo, IL | $5,396,664 | $6,363,772 |
Leyden Family Service And Mental Health Center Franklin Park, IL | $7,510,085 | $6,612,564 |
Provident Inc St Louis, MO | $9,333,474 | $7,000,573 |
Alexian Brothers Center For Mental Health St Louis, MO | $8,236,603 | $5,939,007 |
Coles County Mental Health Association Inc Mattoon, IL | $6,774,742 | $6,471,545 |
Bobby E Wright Comprehensive Bahavioral Health Ceter Inc Chicago, IL | $5,570,664 | $6,487,288 |