King Sovereign Farms
- Assets
- $12.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Manvel, TX
- Founding
- Data as of
- 12/2022
- EIN
- 84-1867869
Organization Overview
King Sovereign Farms is located in Manvel, TX. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. King Sovereign Farms 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, King Sovereign Farms generated $89.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $121.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
KING SOVEREIGN FARMS IS A COMMUNITY FRUIT AND VEGETABLE FARM LOCATED IN BRAZORIA COUNTY, DEDICATED TO FEEDING AND EDUCATING OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3
SENIOR FARM BAGS - IN 2021, WE DISTRIBUTED FRESH, PESTICIDE-FREE VEGETABLES THROUGH OUR BI-MONTHLY SENIOR FARM BAG PROGRAM. DURING THE HARVEST SEASONS WE CONSISTENTLY FED 40-50 SENIORS AND THEIR FAMILIES.
FARM INFRASTRUCTURE - OUR FOCUS IN 2021 WAS TO BUILD OUT THE FARM INFRASTRUCTURE IN ORDER TO PRODUCE VEGETABLES FOR DISTRIBUTION TO THE SENIORS IN OUR COMMUNITY. THIS INCLUDED BUILDING GREENHOUSES, PLANTING AND SEEDING AND BUILDING UP THE LAND TO AVOID FUTURE FLOODING.
FARM FLEX SPACE - IN 2021 WE COMPLETED CONSTRUCTION OF A 1,200 SQ. FT. BUILDING THAT WE WILL USE FOR FUTURE FARM TO TABLE FUNDRAISERS, EDUCATIONAL COURSES AND COMMUNITY EVENT SPACE FOR FUTURE FARM EVENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sandra King Treasurer And Director | 20 | $0 | |
Kristen Hauptli Director | 1 | $0 | |
David King President | 50 | $0 | |
Courtney King Vice President | 15 | $0 | |
Keith Williamson Director | 1 | $0 | |
Sonia King Secretary And Farm Manager | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $89,201 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $89,201 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $11,188 |
| Occupancy, rent, utilities, and maintenance | $5,841 |
| Printing, publications, postage, and shipping | $9 |
| Other expenses | $104,734 |
| Total expenses | $121,772 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,248 |
| Other assets | $0 |
| Total assets | $12,248 |
| Total liabilities | $44,655 |
| Net assets or fund balances | -$32,407 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oklahoma State Fair Inc Oklahoma City, OK | $18,358,668 | $22,331,954 |
Texas Farm Bureau Waco, TX | $1,072,770,797 | $25,839,501 |
Arkansas Farm Bureau Federation Little Rock, AR | $66,846,371 | $16,311,552 |
Textile Exchange Lamesa, TX | $12,297,668 | $16,219,596 |
National Reined Cow Horse Association Pilot Point, TX | $5,326,422 | $10,193,097 |
Southern United States Trade Association Susta New Orleans, LA | $3,093,143 | $7,251,421 |
Louisiana Farm Bureau Federation Inc Baton Rouge, LA | $75,119,133 | $8,594,309 |
Mclennan County Fair Inc Waco, TX | $8,076,032 | $10,500,101 |
Agricultural Development Fund Fort Worth, TX | $1,257,000 | $6,712,594 |
Louisiana Quarter Horse Breeders Association Alexandria, LA | $10,986,998 | $7,601,612 |
National Finance Credit Corp Of Tx Fort Worth, TX | $196,184,500 | $9,101,860 |
Texas Quarter Horse Association Elgin, TX | $5,419,371 | $4,846,350 |