Veterans Farm Of North Carolina is located in Cameron, NC. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Veterans Farm Of North Carolina employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Veterans Farm Of North Carolina 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, Veterans Farm Of North Carolina generated $231.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 23.2% each year . All expenses for the organization totaled $265.0k during the year ending 12/2021. 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
ASSISTING VETERANS IN BECOMING SUCCESSFUL FARMERS IN NORTH CAROLINA THROUGH EDUCATIONAL AND MENTORINIG PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
AGRICULTURE EDUCATION AND MENTORING PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert Elliott Executive Director | Officer | 40 | $96,333 |
Samantha Manning Chairman | Trustee | 2 | $0 |
Colleen Staples Secretary | Trustee | 2 | $0 |
Brian Graybill Treasurer | Trustee | 2 | $0 |
Adam Jeter Board Member | Trustee | 1 | $0 |
Robert Hosford Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $3,538 |
Related organizations | $0 |
Government grants | $221,000 |
All other contributions, gifts, grants, and similar amounts not included above | $5,976 |
Noncash contributions included in lines 1a–1f | $1,270 |
Total Revenue from Contributions, Gifts, Grants & Similar | $230,514 |
Total Program Service Revenue | $0 |
Investment income | $8 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $1,175 |
Miscellaneous Revenue | $0 |
Total Revenue | $231,697 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $10,000 |
Grants and other assistance to domestic individuals. | $3,000 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $96,333 |
Compensation of current officers, directors, key employees. | $9,633 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $62,941 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $12,184 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $825 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $742 |
Office expenses | $1,501 |
Information technology | $875 |
Royalties | $0 |
Occupancy | $475 |
Travel | $4,794 |
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 | $15,253 |
Insurance | $2,606 |
All other expenses | $2,389 |
Total functional expenses | $265,047 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $42,901 |
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 | $54,885 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $97,786 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
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 | $97,786 |
Total liabilities and net assets/fund balances | $97,786 |
Over the last fiscal year, we have identified 1 grants that Veterans Farm Of North Carolina has recieved totaling $39.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Organization Name | Assets | Revenue |
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Telamon Corporation Raleigh, NC | $28,971,791 | $85,006,099 |
Pruitt Corporation Employee Welfare Norcross, GA | $5,026,472 | $52,038,649 |
Palmetto Goodwill North Charleston, SC | $100,114,143 | $50,949,954 |
Helping Hands Ministries Inc Tallulah Falls, GA | $3,673,283 | $41,819,921 |
Bremen Food & Clothing Bank Inc Bremen, GA | $515,496 | $35,921,408 |
Navy Marine Coast Guard Residence Foundation Mclean, VA | $169,576,374 | $36,329,894 |
Southwest Georgia Community Action Council Inc Moultrie, GA | $11,357,621 | $35,023,890 |
Mid-Cumberland Human Resource Agency Nashville, TN | $16,634,342 | $31,822,877 |
Must Ministries Inc Marietta, GA | $38,621,848 | $35,481,764 |
Inter-Faith Food Shuttle Raleigh, NC | $8,299,507 | $23,329,525 |
Total Action Against Poverty In Roanoke Valley Roanoke, VA | $8,696,425 | $23,450,227 |
Enrichment Services Program Incorporated Columbus, GA | $4,122,189 | $23,954,834 |