Compassion Farms Foundation
- Assets
- $262.2k
- Revenue
- $312.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Makawao, HI
- Founding
- Data as of
- 12/2023
- EIN
- 84-3310199
Organization Overview
Compassion Farms Foundation is located in Makawao, HI. According to its NTEE Classification (D20) the organization is classified as: Animal Protection & Welfare, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Compassion Farms Foundation 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 12/2023, Compassion Farms Foundation generated $312.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 70.5% each year . All expenses for the organization totaled $302.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATIONS SPECIFIC PURPOSE IS TO RESCUE AND PROVIDE A SAFE AND RELIABLE HOME FOR NEGLECTED, NEEDY, HOMELESS OR RETIRED HORSES AND OTHER ANIMALS. THE FOUNDATION INTENDS TO RESCUE AND CARE FOR UNWANTED HORSES AND OTHER ANIMALS, INCLUDING THOSE THAT HAVE BEEN NEGLECTED, ABUSED, ABANDONED OR ARE AT RISK OF GOING TO SLAUGHTER. IF A HORSE CAN BE REHABILITATED AND ADOPTED, THE FOUNDATION WILL FIND A LOVING HOME FOR THEM. IF SUITABLE HOMES CANNOT BE FOUND, THE FOUNDATION WILL SERVE AS A SANCTUARY FOR THE HORSES FOR THE REST OF THEIR LIVES.THE FOUNDATION WILL FACILITATE EQUINE THERAPY, EQUINE ASSISTANCE FOR LEARNING ENABLED CHILDREN, FACILITATING CHILDREN WORKING WITH HORSES, HOSTING COMMUNITY EQUINE EVENTS AND SHOWS, AND HOSTING VISITS/TOURS OF AUTISTIC CHILDREN.THE FOUNDATION WILL ALMOST EXCLUSIVELY RECEIVE ASSETS FROM ITS FOUNDER, GAVIN DE BECKER. GAVIN DE BECKER HAS PURCHASED TWO PARCELS OF LAND IN MAKAWAO, HAWAII, TOTALING 34 ACRES, TO BE USED AS THE LOCATION OF THE FOUNDATION. MR. D
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gavin DE Becker Treasurer | 0 | $0 | |
Yukimi Kawai DE Becker President | 0 | $0 | |
Bruce Wagner Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $153,133 |
| Interest on Savings | $0 |
| Dividends & Interest | $137 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $158,866 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $312,136 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $116,246 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $32,038 |
| Depreciation | $22,356 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $53,468 |
| Total operating and administrative expenses | $301,968 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $301,968 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,718 |
| Savings and temporary cash investments | $764 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $69,043 |
| Other assets | $118,700 |
| Total assets | $262,225 |
| 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 | -$13,143 |
| Total liabilities | -$13,143 |