Imagine Farm is located in Minneapolis, MN. The organization was established in 1999. According to its NTEE Classification (D30) the organization is classified as: Wildlife Preservation & Protection, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Imagine Farm 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, Imagine Farm generated $68.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $56.0k during the year ending 12/2022. While expenses have increased by 6.6% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
IMAGINE FARM IS DEDICATED TO PREVENTING AND REDUCING ANIMAL SUFFERING THROUGH EDUCATION, OUTREACH, AND ACTIVISM. THE QUALIFYING DISTRIBUTIONS OF THE FOUNDATION ARE USED DIRECTLY FOR THE ACTIVE CONDUCT OF THE FOUNDATION'S ANIMAL SANCTUARY AND RESCUE PROGRAMS AS WELL ITS EDUCATIONAL IMMERSION PROGRAMS FOR STUDENTS OF ALL AGES. IMAGINE FARM IS A HUMANE EDUCATION CENTER AND ANIMAL SANCTUARY THAT HOUSES AND CARES FOR A VARIETY OF RESCUED ANIMALS. THE FOUNDATION FACILITATES EDUCATIONAL PRESENTATIONS IN COLLEGES, SCHOOLS, CHURCHES, AND OTHER ORGANIZATIONS REGARDING HOW VEGANISM REDUCES NEGATIVE IMPACTS ON ANIMALS, PEOPLE, AND THE PLANET. THE PRIMARY EXPENDITURES OF THE FOUNDATION INCLUDE ANIMAL CARE (RANGING FROM FOOD TO VETERINARY CARE AND FARRIERS), HOUSING (INDOOR AND OUTDOOR FACILITIES), OUTREACH AND EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lori Peterson President & Founder | 5 | $0 | |
Melissa Kinnard Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $68,628 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $68,628 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $55,057 |
Total operating and administrative expenses | $56,010 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $56,010 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,194 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $6,194 |
Accounts payable and accrued expenses | $2,547 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $2,547 |