Project Horseshoe Farm
- Assets
- $1.6m
- Revenue
- $854.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Greensboro, AL
- Founding
- 09/2008
- Data as of
- 12/2020
- EIN
- 26-1396439
Organization Overview
Project Horseshoe Farm is located in Greensboro, AL. The organization was established in 2008. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Project Horseshoe Farm employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project Horseshoe Farm 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 12/2020, Project Horseshoe Farm generated $854.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.3% each year . All expenses for the organization totaled $682.7k during the year ending 12/2020. While expenses have increased by 13.6% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
WORKING TOGETHER TO BUILD ON THE STRENGTHS OF THE COMMUNITY, TO IMPROVE THE QUALITY OF LIFE FOR VULNERABLE NEIGHBORS AND TO PREPARE SERVICE LEADERS FOR TOMORROW'S COMMUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENHANCED INDEPENDENT LIVING HOUSING THAT SUPPORT WOMEN, INCLUDING THOSE WITH MENTAL ILLNESS; DAY HEALTH, WELLNESS, SOCIAL PROGRAMS AND ACTIVITIES FOR ADULTS;"HEALTH PARTNERS" PROGRAMS TO SUPPORT VULNERABLE OR ISOLATED ADULTS IN THE COMMUNITY;YOUTH PROGRAMS INCLUDING AFTER SCHOOL TUTORING, MENTORING, AND ENRICHMENT; LEADERSHIP DEVELOPMENT FOR RECENT GRADUATES, UNDERGRADUATES, HEALTH PROFESSION STUDENTS, ET AL INTERESTED IN COMMUNITY HEALTH; CIVIC ENGAGEMENT INCLUDING VOLUNTEER SUPPORT OF LOCAL ORGANIZATIONS AND COMMUNITY GROUPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John A Dorsey Director | OfficerTrustee | 30 | $56,250 |
Michael Ryans Board Member | OfficerTrustee | 3 | $0 |
Marietta Holmes Board Member | OfficerTrustee | 3 | $0 |
Tom Dwyer Board Member | OfficerTrustee | 3 | $0 |
Frances Roberts Board Member | OfficerTrustee | 3 | $0 |
Susie Harris Board Member | OfficerTrustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $717,536 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $854,862 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $131,198 |
| 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 to disqualified persons | $0 |
| Other salaries and wages | $129,917 |
| 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 | $3,790 |
| 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 | $2,928 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,546 |
| 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 | $0 |
| Insurance | $12,130 |
| All other expenses | $0 |
| Total functional expenses | $682,698 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $481,079 |
| Savings and temporary cash investments | $0 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,563,938 |
| 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 | $17,091 |
| Total liabilities | $17,091 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $1,546,847 |
Grants Recieved
Over the last fiscal year, we have identified 12 grants that Project Horseshoe Farm has recieved totaling $189,694.
| Awarding Organization | Amount |
|---|---|
Theodore Cross Family Charitable Foundation Lynbrook, NY PURPOSE: GENERAL | $60,000 |
The Community Foundation Of Greater Birmingham Birmingham, AL PURPOSE: GENERAL SUPPORT | $35,000 |
Local Initiatives Support Corporation New York, NY PURPOSE: SEE PART IV | $19,500 |
Daniel Foundation Of Alabama Birmingham, AL PURPOSE: CHARITABLE | $17,500 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $15,998 |
Jhm Roddy Family Foundation Englewood, CO PURPOSE: FARMING | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
St James Residence Of The Palm Beaches Inc West Palm Beach, FL | $94,288 | $38,104,096 |
Orlando Lutheran Towers Inc Orlando, FL | $80,032,894 | $34,936,633 |
Bonita Springs Retirement Village Inc Gainesville, FL | $109,847,615 | $18,938,390 |
Federation Gulfstream Housing Inc Boca Raton, FL | $0 | $28,667,255 |
Redstone Military Retirement Residence Association Huntsville, AL | $75,839,783 | $19,548,176 |
Concordia Of Florida Inc Tampa, FL | $31,059,059 | $25,497,159 |
St Andrews Residence Of The Diocese Of Southeast Florida Inc West Palm Beach, FL | $295,539 | $24,065,641 |
Lavender Mountain Senior Living Inc Mount Berry, GA | $141,195,331 | $5,176,789 |
Westminster Pines Inc Orlando, FL | $103,132,021 | $15,458,662 |
Skidaway Health And Living Services Inc Savannah, GA | $89,340,251 | $17,567,308 |
Palm Shores Retirement Community Inc Orlando, FL | $37,421,751 | $16,521,390 |
St George Village-Catholic Community Retirement Center Roswell, GA | $71,436,640 | $13,654,810 |