Main Stay Therapeutic Farm Inc
- Assets
- $6.3m
- Revenue
- $996.8k
- Investments
- $0.0
- Employees
- 24
- Location
- Richmond, IL
- Founding
- 07/1989
- Data as of
- 10/2022
- EIN
- 36-3565747
Organization Overview
Main Stay Therapeutic Farm Inc is located in Richmond, IL. The organization was established in 1989. 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 10/2022, Main Stay Therapeutic Farm Inc employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Main Stay Therapeutic 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 10/2022, Main Stay Therapeutic Farm Inc generated $996.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $1.1m during the year ending 10/2022. While expenses have increased by 7.5% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MAIN STAYS MISSION IS TO ENRICH MIND, BODY AND SPIRIT THROUGH POWERFUL CONNECTIONS WITH HORSES, ANIMALS, AND NATURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING THERAPY SERVICES THROUGH NATURE, EQUINE, AND OTHER ANIMAL ACTIVITIES TO INDIVIDUALS WITH PHYSICAL, DEVELOPMENTAL, EMOTIONAL AND SOCIAL DISABILITIES IN AN UPLIFTING AND NURTURING SETTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Loriann Dowell Executive Director | Officer | 55 | $99,048 |
Donna Bird President | OfficerTrustee | 3 | $0 |
Gloria Kraft Vice President | OfficerTrustee | 3 | $0 |
Brittney Hogen Secretary | OfficerTrustee | 3 | $0 |
Michelle Runnion Welter Member | Trustee | 3 | $0 |
Sara Foszcz Member | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $136,364 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $743,252 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $879,616 |
| Total Program Service Revenue | $143,058 |
| Investment income | $720 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$29,159 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $996,817 |
| 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. | $96,500 |
| Compensation of current officers, directors, key employees. | $9,312 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $525,562 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $141 |
| Fees for services: Accounting | $8,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,750 |
| Advertising and promotion | $0 |
| Office expenses | $29,085 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $108,647 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $180,919 |
| Insurance | $58,346 |
| All other expenses | $23,673 |
| Total functional expenses | $1,142,408 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,319,975 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,977 |
| 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 | $14,903 |
| Net Land, buildings, and equipment | $4,888,718 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,759 |
| Total assets | $6,263,332 |
| Accounts payable and accrued expenses | $40,234 |
| Grants payable | $0 |
| Deferred revenue | $13,000 |
| 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 | $53,234 |
| Net assets without donor restrictions | $6,123,604 |
| Net assets with donor restrictions | $86,494 |
| 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 | $6,263,332 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Main Stay Therapeutic Farm Inc has recieved totaling $316,574.
| Awarding Organization | Amount |
|---|---|
Willow Springs Charitable Tr Mt Carroll, IL PURPOSE: GENERAL PURPOSE | $250,000 |
Mental Health Resource League For Mchenry County McHenry, IL PURPOSE: TO AID FINANCIALLY | $17,697 |
Helen Brach Foundation Chicago, IL PURPOSE: TO PURCHASE ADDITIONAL HORSES TO BE USED FOR THERAPEUTIC HORSEMANSHIP, EQUINE AND ANIMAL-ASSISTED LEARNING | $10,000 |
St Louis Community Foundation Incorporated St Louis, MO PURPOSE: HEALTH | $10,000 |
Lee Family Foundation Lake Bluff, IL PURPOSE: UNRESTRICTED | $10,000 |
Woodland Foundation Cary, IL PURPOSE: CHARITABLE | $10,000 |
Endowment Analysis
| Beg. Balance | $38,674 |
| Earnings | -$5,550 |
| Admin Expense | $365 |
| Ending Balance | $32,759 |
Peer Organizations
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|---|---|---|
Apostolic Christian Lifepoints Inc Morton, IL | $42,471,151 | $22,063,470 |
Knox County Association For Remarkable Citizens Inc Vincennes, IN | $24,536,291 | $19,956,533 |
New Hope Village Carroll, IA | $16,084,175 | $19,892,744 |
St Colettas Of Illinois Tinley Park, IL | $3,321,726 | $15,993,167 |
Helping Hand Center Countryside, IL | $22,525,393 | $16,246,364 |
Paladin Inc Michigan City, IN | $9,460,565 | $15,902,073 |
Aspire Of Illinois Hillside, IL | $18,983,817 | $18,724,686 |
Hillcroft Services Inc Muncie, IN | $16,936,926 | $14,933,830 |
Link Associates West Des Moines, IA | $2,870,425 | $15,095,571 |
Bona Vista Programs Inc Kokomo, IN | $19,070,860 | $15,130,764 |
The Arc Of The Quad Cities Area Rock Island, IL | $28,274,211 | $14,437,427 |
Hope Haven Area Development Center Corporation Burlington, IA | $12,948,904 | $15,411,343 |