Rising Hope Farms Inc
- Assets
- $364.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Claremont, NC
- Founding
- 11/2009
- Data as of
- 07/2022
- EIN
- 27-0876179
Organization Overview
Rising Hope Farms Inc is located in Claremont, NC. The organization was established in 2009. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rising Hope Farms 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 07/2022, Rising Hope Farms Inc generated $72.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $73.4k during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
RISING HOPE FARMS, INC. PROVIDED THERAPEUTIC HORSEBACK RIDING TO INDIVIDUALS WITH SPECIAL NEEDS INCLUDING COGNITIVE, PHYSICAL, EMOTIONAL, BEHAVORIAL, AND SOCIAL CHALLEGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Wartner Executive Director | 30 | $0 | |
Vicki Smith Horse & Barn Manager | 10 | $0 | |
Joyce Boston President | 10 | $0 | |
Sandy Sherrill Volunteer Coordinator | 10 | $0 | |
Sam Tallman Instructor/web-Site Coordinator | 10 | $0 | |
Danette Landrum Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,975 |
| Total Program Service Revenue | $3,856 |
| Membership dues | $0 |
| Investment income | $64 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,801 |
| Other Revenue | $0 |
| Total Revenue | $72,696 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $45,262 |
| Printing, publications, postage, and shipping | $290 |
| Other expenses | $27,842 |
| Total expenses | $73,394 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $112,383 |
| Other assets | $0 |
| Total assets | $364,701 |
| Total liabilities | $2,029 |
| Net assets or fund balances | $362,672 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Rising Hope Farms Inc has recieved totaling $29,559.
| Awarding Organization | Amount |
|---|---|
Nutramax Family Foundation Lancaster, SC PURPOSE: SUPPORT PROGRAM SERVICE | $18,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $10,000 |
Allstate Foundation Northbrook, IL PURPOSE: EMPLOYEE HELPING HANDS GRANT | $1,000 |
Bolick Foundation Conover, NC PURPOSE: GENERAL OPERATING FUND | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $59 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Power Works Industries Inc Columbus, GA | $6,986,899 | $10,641,947 |
Skills Development Services Inc Tullahoma, TN | $10,842,233 | $11,161,443 |
Dawn Of Hope Inc Johnson City, TN | $4,297,105 | $9,041,152 |
Marion-Dillon County Board Of Disabilities And Special Needs Dillon, SC | $5,184,844 | $8,016,665 |
Clarendon County Disabilities & Special Needs Board Manning, SC | $6,879,112 | $7,979,929 |
Chester Lancaster Disabilities & Special Needs Board Inc Lancaster, SC | $3,699,851 | $7,269,780 |
New Horizons Corp Nashville, TN | $6,127,295 | $6,432,643 |
Houston County Assn For Exceptional Citizens Inc Warner Robins, GA | $5,105,267 | $5,657,623 |
Arc Of The Piedmont Inc Charlottesville, VA | $3,868,401 | $5,178,217 |
Adult Community Training Inc Lenoir City, TN | $4,483,568 | $5,983,279 |
Hi-Hope Service Center Inc Lawrenceville, GA | $6,971,119 | $4,828,076 |
Tri County Center Athens, TN | $3,074,442 | $6,420,842 |