Farms For Life Foundation
- Assets
- $17.1m
- Revenue
- $1.1m
- Investments
- $12.0m
- Employees
- 0
- Location
- Batavia, IL
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 83-2048247
Organization Overview
Farms For Life Foundation is located in Batavia, IL. The organization was established in 2019. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Farms For Life Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2020, Farms For Life Foundation has awarded 48 individual grants totaling $851,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Muetze President | 1 | $0 | |
Margaret Engel Treasurer | 1 | $0 | |
Max Muetze Director | 1 | $0 | |
James Muetze Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $124,340 |
| Interest on Savings | $96,473 |
| Dividends & Interest | $220,751 |
| Net Rental Income | $177,029 |
| Net Gain on Sale of Assets | $467,273 |
| Capital Gain Net Income | $467,273 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,104,780 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $87,474 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,455 |
| Total operating and administrative expenses | $184,622 |
| Contributions, gifts, grants paid | $406,000 |
| Total expenses and disbursements | $590,622 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,173,534 |
| 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 | $1,883,805 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,066,120 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Farms For Life Foundation has awarded $406,000 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
CATHOLIC RELIEF SERVICES PURPOSE: GENERAL OPERATING SUPPORT | $40,000 |
BEAUTIFUL U MINISTRIES PURPOSE: GENERAL OPERATING SUPPORT | $7,500 |
COMMUNITY PREGNANCY CLINIC PURPOSE: GENERAL OPERATING SUPPORT | $60,000 |
HESED HOUSE PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
FEED THE CHILDREN PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
LABOURE SOCIETY PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |