Quest Farm Inc
- Assets
- $1.5m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 71
- Location
- Georgetown, KY
- Founding
- 11/1984
- Data as of
- 06/2023
- EIN
- 31-1111677
Organization Overview
Quest Farm Inc is located in Georgetown, KY. The organization was established in 1984. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2023, Quest Farm Inc employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Quest Farm 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 06/2023, Quest Farm Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.8m during the year ending 06/2023. While expenses have increased by 3.1% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CARE AND TRAINING OF MENTALLY IMPAIRED ADULTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRAINING FOR MENTALLY IMPAIRED ADULTS
HOUSING
RECREATION RESPITE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tanyia Pangallo Board Member | Trustee | 1 | $0 |
Chris Henry Treasurer | OfficerTrustee | 2 | $0 |
Amber Hines Board Member | Trustee | 1 | $0 |
Diane France President | OfficerTrustee | 2 | $0 |
Darin Dillow Vice President | OfficerTrustee | 2 | $0 |
Jacque Hukill Board Member | Trustee | 1 | $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 | $23,151 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,151 |
| Total Program Service Revenue | $1,645,408 |
| Investment income | $9,098 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $332 |
| Net Income from Fundraising Events | -$982 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,694,910 |
| 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. | $110,281 |
| Compensation of current officers, directors, key employees. | $22,056 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,127,435 |
| Pension plan accruals and contributions | $15,274 |
| Other employee benefits | $34,729 |
| Payroll taxes | $93,006 |
| Fees for services: Management | $16,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,983 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,105 |
| Fees for services: Other | $2,710 |
| Advertising and promotion | $1,471 |
| Office expenses | $19,470 |
| Information technology | $11,288 |
| Royalties | $0 |
| Occupancy | $29,414 |
| Travel | $13,103 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,887 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35,249 |
| Insurance | $39,169 |
| All other expenses | $3,523 |
| Total functional expenses | $1,750,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $422,530 |
| 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 | $724,304 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $389,791 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,536,625 |
| Accounts payable and accrued expenses | -$4,533 |
| 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 | -$4,533 |
| Net assets without donor restrictions | $1,541,158 |
| 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 | $1,536,625 |