Benevolence Farm
- Assets
- $511.1k
- Revenue
- $471.1k
- Investments
- $0.0
- Employees
- 14
- Location
- Graham, NC
- Founding
- 07/2009
- Data as of
- 12/2021
- EIN
- 26-3685507
Organization Overview
Benevolence Farm is located in Graham, NC. The organization was established in 2009. According to its NTEE Classification (L40) the organization is classified as: Temporary Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Benevolence Farm employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Benevolence 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 12/2021, Benevolence Farm generated $471.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $372.1k during the year ending 12/2021. While expenses have increased by 14.5% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AN OPPORTUNITY FOR WOMEN LEAVING PRISON TO LIVE AND WORK ON A FARM WHERE THEY GROW FOOD, NOURISH SELF AND FOSTER COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR PROGRAM PROVIDES A TRANSITIONAL LIVING PROGRAM FOR UP TO 6 WOMEN LEAVING NORTH CAROLINA PRISONS. WE RECOGNIZE THAT CHANGE MUST COME FROM WITHIN, BUT CAN BE CULTIVATED AND INSPIRED THROUGH A SUPPORTIVE, NATURAL ENVIRONMENT. OUR GOAL IS TO GIVE OUR PARTICIPANTS THE TIME AND SPACE FIGURATIVELY AND LITERALLY TO MAKE REAL, LASTING CHANGES. OUR RESIDENTS DEVELOP SKILLS IN SUSTAINABLE FARMING, SMALL BUSINESS PRACTICES, FOOD PREPARATION AND PRESENTATION IN AN ENVIRONMENT THAT FOSTERS IMPROVED PHYSICAL, SPIRITUAL AND FINANCIAL HEALTH. RESIDENTS ACTIVELY CONTRIBUTE TO THE WELL-BEING OF THE FARM, STAKING A CLAIM IN THE PROGRAMS AND MORE IMPORTANTLY THEIR OWN SUCCESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Hils Secretary | OfficerTrustee | 5 | $0 |
Shiquita Hyman Treasurer | OfficerTrustee | 5 | $0 |
Lashauna Austria Chair | OfficerTrustee | 5 | $0 |
Debbie Smith Director | Trustee | 5 | $0 |
Greeshma Somashekar Director | Trustee | 5 | $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 | $450,947 |
| Noncash contributions included in lines 1a–1f | $6,450 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $450,947 |
| Total Program Service Revenue | $41,638 |
| 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 | -$21,475 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $471,110 |
| 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 | $172,201 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,627 |
| Payroll taxes | $14,184 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,427 |
| Fees for services: Accounting | $12,441 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $8,600 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $13,738 |
| Advertising and promotion | $2,858 |
| Office expenses | $9,363 |
| Information technology | $5,269 |
| Royalties | $0 |
| Occupancy | $16,998 |
| Travel | $2,019 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,010 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,077 |
| Insurance | $19,332 |
| All other expenses | $0 |
| Total functional expenses | $372,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $182,314 |
| 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 |
| Net Land, buildings, and equipment | $324,746 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,077 |
| Total assets | $511,137 |
| Accounts payable and accrued expenses | $11,036 |
| 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 | $11,036 |
| Net assets without donor restrictions | $500,101 |
| 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 | $511,137 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Benevolence Farm has recieved totaling $213,730.
| Awarding Organization | Amount |
|---|---|
Ayco Charitable Foundation Cohoes, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $90,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $75,066 |
Common Counsel Foundation Oakland, CA PURPOSE: GENERAL SUPPORT | $20,000 |
Womack Family Charitable Foundation Burlington, NC PURPOSE: PROGRAM SERVICES | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,043 |
Collectively Outside Foundation Corydon, KY PURPOSE: EQUITABLE, JUST, & NUTURING WOMEN | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Southern University Housing Foundation Inc Statesboro, GA | $249,175,255 | $10,373,698 |
Appalachian Student Housing Corporation Boone, NC | $99,024,525 | $6,456,684 |
Bloom Our Youth Inc Fayetteville, GA | $3,984,539 | $4,314,160 |
Serenity Pointe Inc Dunlap, TN | $2,490,170 | $4,102,577 |
Greenpointe Regional Housing Inc Dunn, NC | $10,308,542 | $2,284,690 |
Open Table Of Nashville Inc Nashville, TN | $444,222 | $1,157,501 |
Rainbow Village Inc Duluth, GA | $9,090,525 | $2,152,472 |
Veterans Life Center Raleigh, NC | $1,727,706 | $1,329,274 |
Homeless No More Inc Columbia, SC | $6,056,633 | $1,621,915 |
True Purpose Ministries Maryville, TN | $2,038,433 | $1,219,633 |
Biblical Concepts Group Home Gallatin, TN | $711,318 | $1,118,514 |
Fayetteville State University Student Housing Corporation Fayetteville, NC | $19,255,663 | $717,505 |