Shalom Farms
- Assets
- $1.1m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 22
- Location
- Richmond, VA
- Founding
- 11/1971
- Data as of
- 12/2023
- EIN
- 23-7136747
Organization Overview
Shalom Farms is located in Richmond, VA. The organization was established in 1971. According to its NTEE Classification (P71) the organization is classified as: Adult Day Care, under the broad grouping of Human Services and related organizations. As of 12/2023, Shalom Farms employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shalom Farms 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, Shalom Farms generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 19.9% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SHALOM FARMS, INC. IS A NON PROFIT ORGANIZATION WHOSE MISSION IS TO WORK TOGETHER TO BUILD HEALTHY COMMUNITIES BY GROWING AND SHARING HEALTHY FOOD. THE ORGANIZATION WAS FORMED IN 2005. THE ORGANIZATION CHANGED ITS NAME FROM UNITED METHODIST URBAN MINISTRIES OF RICHMOND, INC. TO SHALOM FARMS, INC. IN MARCH 2017.THE MAJORITY OF ITS REVENUE AND SUPPORT IS PROVIDED BY CONTRIBUTIONS AND GRANTS FROM CORPORATIONS, FOUNDATIONS, BUSINESSES AND INDIVIDUALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THOUSANDS IN RICHMOND LACK ACCESS TO HEALTHY FOOD. MANY ALSO LACK THE TOOLS AND RESOURCES TO PREPARE AND SHARE IT. THE MISSION OF SHALOM FARMS IS TO WORK WITH COMMUNITIES TO ENSURE ACCESS TO HEALTHY FOOD AND THE SUPPORT TO LIVE HEALTHY LIVES. WE SEEK TO COLLABORATIVELY TRANSFORM THE RICHMOND FOOD SYSTEM SO THAT ALL PEOPLE HAVE ACCESS TO GOOD FOOD - FOOD THAT IS GOOD FOR OUR BODIES, GOOD FOR THE ENVIRONMENT, AND GOOD FOR OUR COMMUNITIES. THROUGH HANDS-ON EXPERIENCES ON THE FARM AND IN THE CITY, SHALOM FARMS AND OUR DIVERSE PARTNERS ARE MAKING A DIFFERENCE ON DINNER PLATES ALL OVER THE RICHMOND AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Darren Broughton Treasurer | OfficerTrustee | 2 | $0 |
Elesha Belke Board Member | Trustee | 2 | $0 |
Sharon Blount Board Member | Trustee | 2 | $0 |
Eric Clay Board Member | Trustee | 2 | $0 |
Johanna Gattuso Board Chair | OfficerTrustee | 2 | $0 |
Tamara Young-Elmore Board Member | Trustee | 2 | $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 | $1,313,905 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,313,905 |
| Total Program Service Revenue | $113,220 |
| Investment income | $1,172 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $67,710 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,496,007 |
| 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 | $952,252 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $116,643 |
| Payroll taxes | $72,664 |
| Fees for services: Management | $13,038 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,298 |
| 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 | $52,960 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $20,150 |
| Travel | $13,692 |
| 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 | $112,996 |
| Insurance | $18,701 |
| All other expenses | $0 |
| Total functional expenses | $1,542,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $516,185 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $66,967 |
| 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 | $24,654 |
| Net Land, buildings, and equipment | $503,538 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,111,344 |
| Accounts payable and accrued expenses | $40,356 |
| 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 | $0 |
| Total liabilities | $40,356 |
| Net assets without donor restrictions | $987,888 |
| Net assets with donor restrictions | $83,100 |
| 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 | $1,111,344 |
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Puzzle Pieces Inc Owensboro, KY | $5,242,723 | $5,433,530 |
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New Life Tn Winchester, TN | $6,541,545 | $3,737,745 |
Change Inc Westminster, MD | $0 | $2,506,896 |
Circle Center Adult Day Services Richmond, VA | $3,232,978 | $1,423,278 |
Shalom Farms Richmond, VA | $1,111,344 | $1,496,007 |
Charles House Association Chapel Hill, NC | $2,776,285 | $1,681,901 |
Adult Care Center Of Roanoke Valley Inc Salem, VA | $1,019,343 | $804,188 |
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M E Cox Center For The Elder Day Care Norfolk, VA | $271,736 | $0 |
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