SAVING GRACE FARM INC: Form 990EZ, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SAVING GRACE FARM INC (EIN 56-2201244)
- Tax period
- 2023-07-01 to 2024-06-30
- Filed
- 2024-12-08
- IRS object ID
- 202413439349200501
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-12-08T17:09:54-05:00 | ReturnTs |
| Tax Period End | 2024-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 571237087 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BRENT H PARKS CPA PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1816 E INNES ST STE 101 | AddressLine1Txt |
| City | SALISBURY | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 281466027 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2023-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 562201244 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SAVING GRACE FARM INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SAVI | BusinessNameControlTxt |
| Phone | 7042096577 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 725 JACKSON RD | AddressLine1Txt |
| City | SALISBURY | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28146 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ELIZABETH GEROMETTA | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 7042096577 | PhoneNum |
| Signature | 2024-12-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ALEXANDER PALUMBO | PreparerPersonNm |
| PTIN | P03190933 | PTIN |
| Phone | 7046338700 | PhoneNum |
| Preparation | 2024-12-02 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Website Address | N/A | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $197,154 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $82,192 | ContributionsGiftsGrantsEtcAmt |
| Program Service Revenue | $80,364 | ProgramServiceRevenueAmt |
| Sale Of Assets Gross | $3,000 | SaleOfAssetsGrossAmt |
| Cost Or Other Basis Expense Sale | $3,083 | CostOrOtherBasisExpenseSaleAmt |
| Gain Or Loss From Sale Of Assets | -$83 | GainOrLossFromSaleOfAssetsAmt |
| Fundraising Gross Income | $31,598 | FundraisingGrossIncomeAmt |
| Special Events Direct Expenses | $11,305 | SpecialEventsDirectExpensesAmt |
| Special Events Net Income Loss | $20,293 | SpecialEventsNetIncomeLossAmt |
| Total Revenue | $182,766 | TotalRevenueAmt |
| Salaries Other Comp Empl Bnft | $70,886 | SalariesOtherCompEmplBnftAmt |
| Fees And Other Pymt To Ind Cntrct | $28,156 | FeesAndOtherPymtToIndCntrctAmt |
| Occupancy Rent Utlts And Maint | $8,478 | OccupancyRentUtltsAndMaintAmt |
| Printing Publications Postage | $171 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $56,475 | OtherExpensesTotalAmt |
| Total Expenses | $164,166 | TotalExpensesAmt |
| Excess Or Deficit For Year | $18,600 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $46,023 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $64,623 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part II | Yes (X) | InfoInScheduleOPartIIInd |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $12,359 | BOYAmt |
| EOY | $19,927 | EOYAmt |
Other Assets Total Detail OtherAssetsTotalDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $34,663 | BOYAmt |
| EOY | $45,752 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,022 | BOYAmt |
| EOY | $65,679 | EOYAmt |
Sum Of Total Liabilities SumOfTotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $999 | BOYAmt |
| EOY | $1,056 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $46,023 | BOYAmt |
| EOY | $64,623 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | SAVING GRACE FARM INC.'S MISSION IS TO PROVIDE THERAPEUTIC EQUINE SERVICES TO CHILDREN AND ADULTS, INCLUDING VETERANS, WHO SUFFER FROM PHYSICAL AND/OR MENTAL DISABILITIES AND CHALLENGES. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Program Srvc Accom | PROVIDED THERAPEUTIC EQUINE SERVICES TO CHILDREN AND ADULTS, INCLUDING VETERANS, WHO SUFFER FROM PHYSICAL AND/OR MENTAL DISABILITIES AND CHALLENGES | DescriptionProgramSrvcAccomTxt |
| Program Service Expenses | $133,061 | ProgramServiceExpensesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $133,061 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (9 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| KAREN BARBEE-ZIEGLER | ||
| PRESIDENT | 1.00 | $0 |
| RANDY ELIUM | ||
| VICE PRESIDE | 1.00 | $0 |
| ELIZABETH GEROMETTA | ||
| TREASURER | 1.00 | $0 |
| LESA PRINCE | ||
| SECRETARY | 0.50 | $0 |
| BRYSON BOYD | ||
| MEMBER | 0.50 | $0 |
| BETH DIXON | ||
| MEMBER | 0.50 | $0 |
| PENNY BARGER | ||
| MEMBER | 0.50 | $0 |
| JUSTAN MOUNTS | ||
| MEMBER | 0.50 | $0 |
| JANNA GRIGGS | ||
| EXECUTIVE DI | 40.00 | $27,550 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JANNA GRIGGS | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 725 JACKSON ROAD | AddressLine1Txt |
| City | SALISBURY | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 28146 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7042096577 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $47,787 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $43,947 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $51,352 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $62,643 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $82,192 | CurrentTaxYearAmt |
| Total | $287,921 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $31,957 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $58,542 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $120,873 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $100,480 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $111,962 | CurrentTaxYearAmt |
| Total | $423,814 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $79,744 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $102,489 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $172,225 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $163,123 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $194,154 | CurrentTaxYearAmt |
| Total | $711,735 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $711,735 | PublicSupportTotal509Amt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $79,744 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $102,489 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $172,225 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $163,123 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $194,154 | CurrentTaxYearAmt |
| Total | $711,735 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 1.00000 | PublicSupportCY509Pct |
| Public Support PY509 | 1.00000 | PublicSupportPY509Pct |
| Investment Income CY | 0.00000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.00000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | SPECIAL EVENTS | Event1Nm |
| Gross Receipts Event1 | $31,598 | GrossReceiptsEvent1Amt |
| Gross Revenue Event1 | $31,598 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $11,305 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $31,598 | GrossReceiptsTotalAmt |
| Gross Revenue Total Events | $31,598 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $11,305 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $11,305 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $20,293 | NetIncomeSummaryAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 16 | EXPENSES 1,354 1,492 140 2,578 BACKGROUND CHECKS 203 BANK CHARGES 244 BARN SUPPLIES 173 CONTINUING EDUCATION 1,689 DUES & SUBSCRIPTIONS 2,257 EQUIPMENT RENTAL 2,259 HORSE CARE 38,058 LESSON SUPPLIES 139 OTHER EXPENSES 189 PHONE & INTERNET 1,760 VOLUNTEER EXPENSES 650 NON-INVESTMENT DEPRECIATION 3,290 TOTAL 56,475 |
| FORM 990-EZ, PART II, LINE 24 | PREPAID EXPENSES AND DEFERRED CHARGES 72 0 38,605 50,060 LESS ACCUMULATED DEPRECIATION 4,714 6,087 SALES TAX RECEIVABLE 700 1,779 TOTAL 34,663 45,752 |
| FORM 990-EZ, PART II, LINE 26 | FEDERAL 941 TAXES PAYABLE 546 713 STATE WITHHOLDING TAXES PAYABLE 453 343 |
| FORM 990-EZ, PART III | SAVING GRACE FARM INC.'S MISSION IS TO PROVIDE THERAPEUTIC EQUINE SERVICES TO CHILDREN AND ADULTS, INCLUDING VETERANS, WHO SUFFER FROM PHYSICAL AND/OR MENTAL DISABILITIES AND CHALLENGES. |