Rising Hope Farms Inc
- Assets
- $389.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Claremont, NC
- Founding
- 11/2009
- Data as of
- 07/2024
- 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 07/2024, Rising Hope Farms Inc generated $107.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $77.6k during the year ending 07/2024. 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
2024
Describe the Organization's Program Activity:
Part 3
RISING HOPE FARMS INC. PROVIDED THERAPEUTIC HORSEBACKRIDING TO INDIVIDUALS WITH SPECIAL NEEDS INCLUDINGCOGNITIVE, PHYSICAL, EMOTIONAL, BEHAVORIAL, AND SOCIAL CHALLENGES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Wartner Executive Director | 30 | $0 | |
Vicki Smith Secretary | 10 | $0 | |
Amy Huffman Director | 10 | $0 | |
Sam Tallman President | 10 | $0 | |
Joyce Boston Vice President | 10 | $0 | |
Kim Boulware Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,346 |
| Total Program Service Revenue | $5,841 |
| Membership dues | $0 |
| Investment income | $2,946 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,882 |
| Other Revenue | $0 |
| Total Revenue | $107,015 |
| 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 | $13,581 |
| Printing, publications, postage, and shipping | $259 |
| Other expenses | $63,726 |
| Total expenses | $77,566 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $123,920 |
| Other assets | $0 |
| Total assets | $389,708 |
| Total liabilities | $2,865 |
| Net assets or fund balances | $386,843 |