Peacehaven Farm Inc

Organization Overview

Peacehaven Farm Inc is located in Whitsett, NC. The organization was established in 2009. According to its NTEE Classification (F33) the organization is classified as: Residential Mental Health Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 12/2023, Peacehaven Farm Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peacehaven 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 12/2023, Peacehaven Farm Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $1.4m during the year ending 12/2023. While expenses have increased by 9.1% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE PERMANENT HOUSING, PROGRAMS, AND WORK OPPORTUNITIES FOR ADULTS WITH INTELLECTUAL, DEVELOPMENTAL, AND PHYSICAL DISABILITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION IS DEVELOPING A COMMUNITY TO PROVIDE PERMANENT HOUSING FOR PEOPLE WITH AND WITHOUT DISABILITIES IN A FARM SETTING, INTEGRATED PROGRAMMING OPPORTUNITIES, JOB TRAINING AND SOCIAL ACTIVITIES FOR PEOPLE WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES, AND SUSTAINABLE AGRICULTURE PRODUCTION. 636 VOLUNTEERS CONTRIBUTED THEIR SERVICES TO THE ORGANIZATION IN 2023.


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Board, Officers & Key Employees

Name (title)Compensation
Neal Sharpe
Cso
$88,172
Phelps Sprinkle
CEO
$76,436
Kearns Davis
Vice Chair
$0
Tim Elliott
Treasurer
$0
Lina Fleihan
Board Member
$0
Michelle Frazier
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,050
All other contributions, gifts, grants, and similar amounts not included above$1,595,683
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,597,733
Total Program Service Revenue$129,588
Investment income $87,057
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$22
Net Income from Fundraising Events $21,624
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,854,945

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