Shining Hope Farms
- Assets
- $908.3k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 37
- Location
- Mount Holly, NC
- Founding
- 08/2002
- Data as of
- 12/2021
- 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 12/2021, Shining Hope Farms employed 37 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 12/2021, Shining Hope Farms generated $1.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $991.1k during the year ending 12/2021. While expenses have increased by 9.1% 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
SHINING HOPE FARMS IS A NONPROFIT ORGANIZATION WHOSE MISSION IS TO ENABLE CHILDREN AND ADULTS TO REACH THEIR FULL POTENTIAL THROUGH THE USE OF EQUINE ASSISTED ACTIVITIES AND THERAPY SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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 2021, OUR THERAPY SERVICES PROGRAM SERVED 146 PATIENTS (MAINLY PEDIATRIC) OVER THE COURSE OF 3,676 VISITS BETWEEN OUR THREE LOCATIONS. SEE SCHEDULE O.
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. SEE SCHEDULE O.
2021 WAS THE FIRST YEAR OF OUR SADDLES & SALUTES VETERANS PROGRAM WHICH SERVES VETERANS AS A PART OF THEIR COMMUNITY SUPPORT SYSTEM FOR VETERAN WELLNESS. VETERANS CAN CHOOSE TO PARTICIPATE IN ANY OF OUR SERVICES FROM THERAPY TO THERAPEUTIC RIDING. SEE SCHEDULE O.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Milinda Kirkpatrick Exec Dir (no | Officer | 40 | $17,445 |
Sheila Gibson Vice Chair/s | OfficerTrustee | 2 | $0 |
Kari Saylor Board Chairm | OfficerTrustee | 3 | $0 |
George Alston Member | Trustee | 1 | $0 |
Connie Bowman Member | Trustee | 1 | $0 |
Claire Chadwick Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $114,795 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $495,562 |
| Noncash contributions included in lines 1a–1f | $108,808 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $610,357 |
| Total Program Service Revenue | $405,192 |
| Investment income | $2,748 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,423 |
| Net Income from Fundraising Events | $10,084 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,158,974 |
| 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. | $17,445 |
| Compensation of current officers, directors, key employees. | $5,844 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $417,971 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $28,616 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,073 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,088 |
| Office expenses | $1,954 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $142,894 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,296 |
| Interest | $7,140 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $37,841 |
| Insurance | $25,513 |
| All other expenses | $173,183 |
| Total functional expenses | $991,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,864 |
| Savings and temporary cash investments | $208,506 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,980 |
| 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 | $625,415 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,500 |
| Total assets | $908,265 |
| Accounts payable and accrued expenses | $15,028 |
| 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 | $214,064 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $229,092 |
| Net assets without donor restrictions | $1,808 |
| Net assets with donor restrictions | $677,365 |
| 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 | $908,265 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Shining Hope Farms has recieved totaling $75,863.
| Awarding Organization | Amount |
|---|---|
Gaston Community Foundation Gastonia, NC PURPOSE: GENERAL SUPPORT | $24,785 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $16,000 |
Speedway Childrens Charities Concord, NC PURPOSE: MEDICAL | $10,000 |
United Charitable Ashburn, VA PURPOSE: TO SPONSOR 3 HORSES - LEO, TOTO AND GAMBLER. WE ARE EXCITED TO HELP SPECIAL NEEDS CHILDREN WITH HIPPOTHERAPY & EQUINE THERAPY. | $7,740 |
Professional Association Of Therapeutic Horsemanship Intl Westminster, CO | | $7,500 |
Carrie E And Lena V Glenn Foundation Inc Gastonia, NC PURPOSE: EQUINE ASSISTED THERAPIES | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Versability Resources Inc Hampton, VA | $38,988,304 | $55,905,926 |
Orange Grove Center Inc Chattanooga, TN | $25,283,096 | $40,700,796 |
Babcock Center Inc West Columbia, SC | $20,651,421 | $36,060,569 |
Shelby Residential And Vocational Services Inc Memphis, TN | $11,136,048 | $28,344,823 |
Georgia Community Support And Solutions Inc Atlanta, GA | $4,204,879 | $27,773,056 |
Life Bridges Inc Cleveland, TN | $14,755,928 | $22,280,185 |
Madison-Haywood County Developmental Services Inc Jackson, TN | $14,948,919 | $21,950,419 |
Tri-Development Center Of Aiken County Aiken, SC | $11,301,624 | $21,352,454 |
Lifespan Incorporated Charlotte, NC | $15,854,360 | $20,547,610 |
Progressive Directions Inc Clarksville, TN | $6,267,368 | $17,802,978 |
York County Board Of Disabilities And Special Needs York, SC | $16,505,254 | $19,088,984 |
Employment Source Inc Fayetteville, NC | $11,512,831 | $17,714,777 |