Farm House Fraternity Inc

Organization Overview

Farm House Fraternity Inc is located in Raleigh, NC. The organization was established in 1976. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Farm House Fraternity Inc is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.

For the year ending 03/2024, Farm House Fraternity Inc generated -$38.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 47.2% each year . All expenses for the organization totaled $12.5k during the year ending 03/2024. While expenses have increased by 2.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

TO MAINTAIN AND OPERATE A HOME FOR STUDENTS AND TO PROVIDE AID IN THEIR SCHOLASTIC PURSUITS AND OCCUPATIONAL PLACEMENT AFTER GRADUATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MAINTENANCE OF HOME FOR STUDENTS/MEMBERS OF FRATERNITY AND SEMINAR FOR APPROXIMATELY 40 STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Andrew Dimmette
President
$0
Will Griggs
Board Member
$0
Matthew Moyer
Treasurer
$0
Tripp Peele
Board Member
$0
Henry Sink
Board Member
$0
Alexander Yost
Secretary/vi
$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$25,610
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$25,610
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income -$65,515
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 $0
Miscellaneous Revenue$0
Total Revenue -$38,195

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