Main Stay Therapeutic Farm Inc
- Assets
- $6.3m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 29
- Location
- Richmond, IL
- Founding
- 07/1989
- Data as of
- 10/2023
- 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 10/2023, Main Stay Therapeutic Farm Inc employed 29 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 10/2023, Main Stay Therapeutic Farm Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $1.2m during the year ending 10/2023. While expenses have increased by 7.7% per year over the past 8 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
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 | $100,043 |
Donna Bird President | OfficerTrustee | 5 | $0 |
Jorge Arza Vice President | OfficerTrustee | 1 | $0 |
Michelle Runnion Member | Trustee | 1 | $0 |
Sara Foszcz Member | Trustee | 3 | $0 |
Laura Taubery Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $167,913 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $980,271 |
| Noncash contributions included in lines 1a–1f | $10,408 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,148,184 |
| Total Program Service Revenue | $163,123 |
| Investment income | $24,025 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,576 |
| Net Income from Fundraising Events | -$27,630 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,307,241 |
| 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. | $104,807 |
| Compensation of current officers, directors, key employees. | $9,904 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $624,166 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,865 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $435 |
| Fees for services: Other | $2,403 |
| Advertising and promotion | $7,291 |
| Office expenses | $45,364 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $81,152 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,244 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $184,127 |
| Insurance | $54,496 |
| All other expenses | $13,431 |
| Total functional expenses | $1,248,501 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,196 |
| Savings and temporary cash investments | $1,239,521 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $12,239 |
| 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 | $12,628 |
| Net Land, buildings, and equipment | $4,881,220 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,304 |
| Total assets | $6,338,108 |
| Accounts payable and accrued expenses | $43,765 |
| Grants payable | $0 |
| Deferred revenue | $21,525 |
| 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 | $65,290 |
| Net assets without donor restrictions | $6,234,953 |
| Net assets with donor restrictions | $37,865 |
| 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 | $6,338,108 |