Spikenard Farm Inc
- Assets
- $1.5m
- Revenue
- $301.9k
- Investments
- $0.0
- Employees
- 6
- Location
- Floyd, VA
- Founding
- 11/2006
- Data as of
- 12/2021
- EIN
- 20-5539746
Organization Overview
Spikenard Farm Inc is located in Floyd, VA. The organization was established in 2006. According to its NTEE Classification (C40) the organization is classified as: Botanical, Horticultural & Landscape Services, under the broad grouping of Environment and related organizations. As of 12/2021, Spikenard Farm Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spikenard 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 12/2021, Spikenard Farm Inc generated $301.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $328.1k 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
RESEARCH AND EDUCATION FOR SUSTAINABLE AND BIODYNAMIC BEEKEEPING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH AND EDUCATION FOR SUSTAINABLE AND BIODYNAMIC BEEKEEPING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Tuchman Trusteedirector | OfficerTrustee | 40 | $42,000 |
Gunther Hauk Trusteeexecutive Director | OfficerTrustee | 1 | $28,333 |
Vivian Struve-Hauk Trusteedirector Of Operation | OfficerTrustee | 0 | $11,667 |
Jack Wall Vice President | OfficerTrustee | 1 | $0 |
Kenneth Levy President | OfficerTrustee | 1 | $0 |
Michael Steinruek Secretary | OfficerTrustee | 1 | $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 | $212,895 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $212,895 |
| Total Program Service Revenue | $35,265 |
| Investment income | $1,088 |
| 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 | $21,882 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $301,889 |
| 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. | $82,000 |
| Compensation of current officers, directors, key employees. | $6,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $95,200 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $14,121 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,040 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $7,765 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,707 |
| Advertising and promotion | $8,466 |
| Office expenses | $10,024 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $25,586 |
| 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 | $32,136 |
| Insurance | $10,259 |
| All other expenses | $6,113 |
| Total functional expenses | $328,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121,214 |
| Savings and temporary cash investments | $376,008 |
| 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 | $5,472 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,001,406 |
| Investments—publicly traded securities | $7,367 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,511,467 |
| Accounts payable and accrued expenses | $0 |
| 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 | $5,897 |
| Total liabilities | $5,897 |
| Net assets without donor restrictions | $1,502,342 |
| Net assets with donor restrictions | $3,228 |
| 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 | $1,511,467 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Spikenard Farm Inc has recieved totaling $66,525.
| Awarding Organization | Amount |
|---|---|
Opaline Fund San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
The Community Foundation For Northeast Florida Inc Jacksonville, FL PURPOSE: GENERAL OPERATING | $10,000 |
Christopher Reynolds Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $10,000 |
Tides Foundation San Francisco, CA PURPOSE: SUSTAINABLE ENVIRONMENT | $10,000 |
Saxer Family Foundation St Louis, MO PURPOSE: GENERAL SUPPORT | $10,000 |
Clif Bar Family Foundation Saint Helena, CA PURPOSE: CREATING A ROBUST HEALTHY FOOD SYSTEM | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The American Chestnut Foundation Asheville, NC | $8,303,421 | $2,958,588 |
Waterfront Botanical Gardens Inc Louisville, KY | $21,310,510 | $5,233,701 |
National Turfgrass Evaluation Program Inc Beltsville, MD | $702,786 | $725,727 |
Airlie Gardens Foundation Inc Wilmington, NC | $7,193,887 | $1,652,860 |
Spikenard Farm Inc Floyd, VA | $1,511,467 | $301,889 |
Downtown Greens Inc Fredericksburg, VA | $1,286,587 | $1,202,975 |
Blossom & Bloom Shop Inc Leesburg, VA | $43,765 | $0 |
Maryland Chapter American Society Of Landscape Architects Baltimore, MD | $32,709 | $0 |
Gardens Of Southeastern North Carolina Willard, NC | $141,777 | $0 |
Way The Truth And Light Missionary Foundation Joppa, MD | $3,285 | $0 |
Tennessee Chapter Of The American Society Of Landscape Architects In Morristown, TN | $158,445 | $0 |
Virginia Horticultural Foundation Virginia Beach, VA | $19,803 | $0 |