New Freedom Farm Inc
- Assets
- $250.8k
- Revenue
- $293.3k
- Investments
- $0.0
- Employees
- 6
- Location
- Buchanan, VA
- Founding
- 12/2016
- Data as of
- 12/2021
- EIN
- 81-3022018
Organization Overview
New Freedom Farm Inc is located in Buchanan, VA. The organization was established in 2016. According to its NTEE Classification (D99) the organization is classified as: Animal-Related N.E.C., under the broad grouping of Animal-Related and related organizations. As of 12/2021, New Freedom Farm Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Freedom 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 12/2021, New Freedom Farm Inc generated $293.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.0% each year . All expenses for the organization totaled $296.2k during the year ending 12/2021. While expenses have increased by 38.3% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
NEW FREEDOM FARM OFFERS EQUINE-FACILITATED LEARNING TO VETERANS/FIRST RESPONDERS AND THEIR FAMILIES. THIS UNIQUE PROGRAM OFFERS MANY DIFFERENT ACTIVITIES INVOLVING THE HORSE AS A PARTNER ON THE GROUND. NEW FREEDOM FARM FOLLOWS AN OPEN PROGRAM, PARTICIPANTS DO NOT HAVE TO MAKE AN APPOINTMENT, AND THE FARM IS OPEN TO ALL VETERANS TUESDAY THROUGH SATURDAY. NEW FREEDOM FARM PROVIDES REFUGE AND REHABILITATION FROM TRAUMA TO VETERANS AND FIRST RESPONDERS, AND EQUINES, INCLUDING OUR RESCUED AMERICAN MUSTANG.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESCUED EQUINES AND WILD MUSTANGS ARE ADOPTED, GENTLED AND TRAINED TOGETHER WITH VETERANS, WHO DESIRE WORKING WITH HORSES. THESE DYNAMIC PARTNERSHIPS AND RELATIONSHIPS HELP THE VETERANS AND THE RESCUED EQUINES/WILD MUSTANGS. THE HORSE/HUMAN CONNECTION TO CHALLENGE AND INSPIRE PERSONAL GROWTH IN VETERANS SUFFERING FROM PTS, SUBSTANCE ABUSE AND/OR TBI'S.
VETERANS ATTEND WEEKLY SUPPORT GROUP TO DISCUSS ISSUES WITH WHICH THEY STRUGGLE SUCH AS PTSD/TBI, DEPRESSION, ANXIETY, SUBSTANCE ABUSE AND SECONDARY TRAUMA.
ANNUAL THANKSGIVING MEAL PREPARED FOR HOMELESS VETERANS AND/OR VETERANS WHO HAVE NO PLACE TO GO FOR THANKSGIVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alison Jorgenson Chair | OfficerTrustee | 10 | $0 |
Mitchell V Fritz Secretary | OfficerTrustee | 3 | $0 |
Stacey Ripple Treasurer | OfficerTrustee | 5 | $0 |
Lois Fritz Director | Officer | 50 | $0 |
Nancy Hoit Board Member | Trustee | 1 | $0 |
Caryl Connelly Board Member | Trustee | 1 | $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 | $293,251 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $293,251 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $293,259 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $520 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,346 |
| 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 | $11,680 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,589 |
| Advertising and promotion | $12,996 |
| Office expenses | $18,335 |
| Information technology | $5,211 |
| Royalties | $0 |
| Occupancy | $21,600 |
| Travel | $3,724 |
| 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 | $16,671 |
| Insurance | $5,247 |
| All other expenses | $37,644 |
| Total functional expenses | $296,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,864 |
| 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 | $88,948 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $250,812 |
| Accounts payable and accrued expenses | $6,387 |
| 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 | $6,387 |
| 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 | $244,425 |
| Total liabilities and net assets/fund balances | $250,812 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that New Freedom Farm Inc has recieved totaling $15,101.
| Awarding Organization | Amount |
|---|---|
Caroline D Bloomer Charitable Trust Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $4,000 |
Investco Foundation Vinton, VA PURPOSE: ORGANIZED CHARITY | $4,000 |
M W Armistead Iii Family Foundation Roanoke, VA PURPOSE: OPERATIONS | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $1,251 |
The Leeps Foundation Inc Moneta, VA PURPOSE: BUY 2ND HEAVY DUTY ROUND PEN | $1,250 |
The@amy Elizabeth Lauth Foundation Inc Roanoke, VA PURPOSE: DONATION TO SUPPORT ORGANIZATION'S PROGRAMS. | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stray Animal Adoption Program Inc Newport, KY | $473,894 | $877,914 |
Bullies 2 The Rescue Monroe, NC | $137,111 | $728,190 |
Hope For Animals Inc Greenwood, VA | $87,615 | $674,870 |
Old Dominion Humane Society Fredericksburg, VA | $4,505 | $464,440 |
Their Voice Rescue Delaplane, VA | $1,108,649 | $381,393 |
Kitty City Memphis, TN | $395,781 | $370,937 |
Americas Wildlife Association For Resource Education Aware Washington, DC | $619,618 | $473,475 |
Animal Edventures Coats, NC | $70,189 | $0 |
Dogwood School Inc Richmond, VA | $408,000 | $319,923 |
Green River Area Beef Improvement Group Inc Owensboro, KY | $34,926 | $296,784 |
New Freedom Farm Inc Buchanan, VA | $250,812 | $293,259 |
Aspire Appalachia Inc Jackson, KY | $75,313 | $328,991 |