Shining Hope Farms
- Assets
- $950.6k
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 41
- Location
- Mount Holly, NC
- Founding
- 08/2002
- Data as of
- 12/2022
- EIN
- 30-0067482
Organization Overview
Shining Hope Farms is located in Mount Holly, NC. The organization was established in 2002. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, Shining Hope Farms employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shining Hope Farms 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 12/2022, Shining Hope Farms generated $1.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 9.5% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THERAPY SERVICES PROGRAM: OUR THERAPY SERVICES PROGRAM IS CONDUCTED BY LICENSED HEALTHCARE PROFESSIONALS AND INCLUDES BOTH EQUINE ASSISTED PSYCHOTHERAPY, OCCUPATIONAL THERAPY (OT), PHYSICAL THERAPY (PT), AND SPEECH-LANGUAGE PATHOLOGY (SLP) THAT INCORPORATE HIPPOTHERAPY.IN 2022, OUR THERAPY SERVICES PROGRAM SERVED 181 PATIENTS OVER THE COURSE OF 4,163 OT, PT, AND SLP VISITS AND 289 COUNSELING VISITS BETWEEN OUR THREE LOCATIONS.IN 2022, THIS PROGRAM RECEIVED GRANTS FROM THE CARRIE E. AND LENA V. GLENN FOUNDATION, THE SPEEDWAY CHILDREN'S CHARITIES, THE ROSENDIN FOUNDATION, THE LINCOLN COUNTY COMMUNITY FOUNDATION, AND THE GASTON COMMUNITY FOUNDATION.SEE SCHEDULE O FOR MORE DETAILS.
THERAPEUTIC RIDING PROGRAM : OUR THERAPEUTIC RIDING PROGRAM PROVIDES GOAL-ORIENTED, RECREATIONAL GROUP OR PRIVATE LESSONS AND IS CONDUCTED BY A PROFESSIONAL ASSOCIATION OF THERAPEUTIC HORSEMANSHIP INTERNATIONAL CERTIFIED RIDING INSTRUCTOR.CLIENTS TYPICALLY HAVE A PHYSICAL OR COGNITIVE DISABILITY.CLIENTS PARTICIPATE IN GAMES AND ACTIVITIES WHILE LEARNING RIDING AND HORSEMANSHIP SKILLS.IMPROVEMENTS ARE MADE IN THE AREAS OF EMOTIONAL STABILITY, SOCIAL INTERACTION, COGNITION, AND PHYSICAL ABILITIES.IN 2022, OUR THERAPEUTIC RIDING PROGRAM SERVED 177 CLIENTS OVER THE COURSE OF 2,068 LESSONS.SEE SCHEDULE O FOR MORE DETAILS.
SADDLES & SALUTES PROGRAM: OUR SADDLES AND SALUTES PROGRAM SERVES VETERANS AS A PART OF THEIR COMMUNITY SUPPORT SYSTEM FOR VETERAN WELLNESS.VETERANS CAN CHOOSE TO PARTICIPATE IN ANY OF OUR SERVICES, BUT LARGELY CHOOSE FROM THERAPEUTIC RIDING AND GROUP AND INDIVIDUAL MENTAL HEALTH COUNSELING SESSIONS.STAFF HAS BEEN SPECIALLY TRAINED AND CERTIFIED TO WORK WITH THE VETERAN POPULATION.IN 2022 WE SERVED 15 VETERANS THROUGH THERAPEUTIC RIDING OVER 365 SESSIONS AND 11 VETERANS IN MENTAL HEALTH COUNSELING OVER 21 GROUP SESSIONS.IN 2022 ALL VETERANS WERE ABLE TO ACCESS OUR PROGRAM FREE OF CHARGEIN 2022, THIS PROGRAM RECEIVED GRANTS FROM THE DISABLED VETERANS NATIONAL FOUNDATION AND THE PROFESSIONAL ASSOCIATION OF THERAPEUTIC HORSEMANSHIP INTERNATIONAL SEE SCHEDULE O FOR MORE DETAILS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Milinda Kirkpatrick Executive Dir. | Officer | 40 | $8,111 |
Kari Saylor Chairman | OfficerTrustee | 1 | $0 |
Sheila Gibson Vice Chair | OfficerTrustee | 2 | $0 |
Claire Chadwick Director | Trustee | 1 | $0 |
Alex Bogojevich Director | Trustee | 1 | $0 |
Meagan Ignatowicz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $68,751 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $556,192 |
| Noncash contributions included in lines 1a–1f | $69,183 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $624,943 |
| Total Program Service Revenue | $492,709 |
| Investment income | $1,846 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,750 |
| Net Gain/Loss on Asset Sales | -$13,113 |
| Net Income from Fundraising Events | -$7,310 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,106,687 |
| 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. | $8,111 |
| Compensation of current officers, directors, key employees. | $2,676 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $523,057 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $32,004 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,992 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $112,196 |
| Advertising and promotion | $6,527 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $83,720 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,043 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $66,149 |
| Insurance | $26,108 |
| All other expenses | $27,326 |
| Total functional expenses | $1,202,101 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,627 |
| Savings and temporary cash investments | $69,027 |
| Pledges and grants receivable | $87,701 |
| Accounts receivable, net | $1,440 |
| 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 | $634,641 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $84,143 |
| Total assets | $950,579 |
| Accounts payable and accrued expenses | $34,592 |
| 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 | $183,817 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $38,209 |
| Total liabilities | $256,618 |
| Net assets without donor restrictions | $582,684 |
| Net assets with donor restrictions | $111,277 |
| 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 | $950,579 |