2020-11-16T17:08:07-06:00 2019-12-31 135381590 BDO USA LLP 601 UNION ST STE 2300 SEATTLE WA 981012345 990 2019-01-01 813414267 CARNATION FARMS CARN 4258443100 28901 NE CARNATION FARM ROAD CARNATION WA 98014 ROBERT FINN EXECUTIVE DIRECTOR 4258443100 2020-11-13 1 RAY HOLMDAHL P00120599 2063827777 2020-11-13 216.9.28.135 2020-11-13 16:33:06 PS P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 33872C531EF8FE425F51E58E6698AF6B558D74E8 2019 2021-01-29 14:40:06Z ROBERT FINN 28901 NE CARNATION FARM ROAD CARNATION WA 98014 4238527 0 X WWW.CARNATIONFARMS.ORG X 2016 WA CARNATION FARMS IS ON A MISSION TO TRANSFORM THE WAY THAT PEOPLE WANT TO EAT. WE CELEBRATE DELICIOUS AND NUTRITIOUS FOOD PRODUCED IN A SUSTAINABLE MANNER BY PROVIDING INSPIRATIONAL AND EDUCATIONAL EXPERIENCES THAT POSITIVELY AFFECT HEALTH, THE ENVIRONMENT, AND LOCAL ECONOMIES. WE GROW NEW FARMERS AND DEVELOP THE NEXT GENERATION OF FOOD CITIZENS. 5 0 108 263 271120 -13460 2730567 3088797 382137 684322 257 64 188075 175052 3301036 3948235 0 0 0 0 2094650 2188983 0 0 110314 1221140 1407335 3315790 3596318 -14754 351917 13691161 13132140 10182093 9936680 3509068 3195460 X WE TRANSFORM THE WAY PEOPLE EAT THROUGH DELICIOUS & NUTRITIOUS FOOD PRODUCED IN A SUSTAINABLE MANNER. WE PROVIDE INSPIRATIONAL & EDUCATIONAL EXPERIENCES THAT POSITIVELY AFFECT HEALTH, THE ENVIRONMENT AND LOCAL ECONOMIES. WE DEVELOP THE NEXT GENERATION OF FOOD CITIZENS & GROW FARMERS. 1 0 1556912 246010 AGRICULTURAL ACTIVITIES (FOOD & HAY PRODUCTION, PASTURE MANAGEMENT, FARMSTAND, FARMER'S MARKETS, FARMERS-IN-TRAINING):CARNATION FARMS' SUSTAINABLE AGRICULTURE ACTIVITIES INCLUDE 400 ACRES OF CERTIFIED ORGANIC VEGETABLE, FRUIT, EGG, GRAIN, HAY, AND LIVESTOCK PRODUCTION FOR SALE AND FOR USE IN ITS EDUCATION PROGRAMS. THE CARNATION FARMS FARMSTAND RECEIVES MORE THAN 10,000 VISITORS PER YEAR AND NOT ONLY SELLS PRODUCTS FROM THE FARM TO THE LOCAL POPULACE, BUT ALSO PROVIDES AN OUTLET FOR OTHER LOCAL FARMERS TO SELL THEIR PRODUCTS. THE FARM'S PRODUCTS ARE ALSO SOLD THROUGH LOCAL FARMERS MARKETS, LOCAL RESTAURANT AND CATERING BUSINESSES, AND SEVERAL ORGANIZATIONS THAT WORK TO ALLEVIATE HUNGER IN THE REGION. CARNATION FARMS ALSO HELPS NEW FARMERS LAUNCH THEIR OWN BUSINESSES THROUGH ITS FARMER-IN-TRAINING PROGRAM. PARTICIPANTS FARM ALONGSIDE CARNATION FARMS STAFF, RECEIVE TRAINING AND EDUCATION, AND HAVE THE OPTION OF LIVING ON SITE. AFTER ROUGHLY 6 MONTHS, THEY BEGIN WORKING ON THEIR OWN BUSINESS PLAN AND DURING THEIR SECOND YEAR ON THE FARM, THEY CAN OPT TO START FARMING THEIR OWN PIECE OF LAND ON SITE. 374901 92547 CULINARY: CARNATION FARMS HOSTS A VARIETY OF MISSION-BASED CULINARY EVENTS INCLUDING: FARM TO TABLE MEALS AND OTHER FOOD FOCUSED EVENTS. CARNATION FARMS PROVIDES CATERING SERVICES UTILIZING ORGANIC PRODUCE AND LIVESTOCK PRODUCTS FROM OUR FARM AND /OR SOURCED FROM OUR LOCAL COMMUNITY PARTNERS. CARNATION FARMS ALSO CREATES VALUE ADDED PRODUCTS USING OUR ORGANIC AND LOCALLY SOURCED INGREDIENTS TO SUPPLY PREPARED FOODS TO BE SOLD AT OUR FARMSTAND AND AT FARM-BASED EVENTS. 138498 54325 CAMPS & CLASSES (SUMMER CAMPS FOR KIDS, CULINARY AND FARM RELATED CLASSES FOR ADULTS AND KIDS, FIELD TRIPS):THROUGHOUT THE YEAR, CARNATION FARMS HOSTS CULINARY AND FARM-RELATED CLASSES AND WORKSHOPS FOR ALL AGES, GIVING THE PUBLIC UNIQUE HANDS-ON EXPERIENCES THAT CONNECT THEM TO AGRICULTURE. MANY LOCAL SCHOOLS AND ORGANIZATIONS VISIT THE FARM THROUGH ITS FIELD TRIP PROGRAM. EACH FIELD TRIP INVOLVES AGE-APPROPRIATE FOOD AND FARMING ACTIVITIES AND SHOWS PARTICIPANTS THE IMPORTANCE OF IMPROVING THE FOOD SYSTEM. IN ADDITION, EACH SUMMER, MORE THAN 100 KIDS COME TO THE FARM FOR ITS SERIES OF WEEK-LONG FARM AND FOOD CAMPS. THESE CAMP SESSIONS EXPOSE CHILDREN TO SUSTAINABLE AGRICULTURE AND HEALTHY, SEASONAL COOKING AND EATING. DURING THE FINAL DAY OF EACH CAMP WEEK, PARENTS ATTEND A DEMONSTRATION WHERE THE CAMPERS SHOW THEM WHAT THEY HAVE LEARNED. 239165 42500 FIELD TRIPS, RETREATS, ROOTED AND COMMUNITY BASED FARM EVENTS. 239165 42500 2309476 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 29 0 1 108 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 5 0 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X KIMBERLY ATKINSON 4258443165 28901 NE CARNATION FARM ROAD CARNATION WA 98014 HANNAH CAVENDISH-PALMER EXECUTIVE DIRECTOR 40.00 X 101539 0 2896 ELBRIDGE STUART III CO-PRESIDENT 5.00 X X 0 0 0 DANIEL ODERYD CO-PRESIDENT, TREASURER 5.00 X X 0 0 0 DEBRA STUART VICE PRESIDENT 5.00 X X 0 0 0 SARAH ODERYD SECRETARY 5.00 X X 0 0 0 JEFF GOTTLIEB DIRECTOR 5.00 X 0 0 0 101539 0 2896 1 0 0 0 GREAT LANDSCAPE SERVICES 17373 149TH ST SE MONROE WA 98272 LANDSCAPING 115869 1 11706 1205520 1871571 4313 3088797 WEDDING AND EVENT REVE 900099 500494 229374 271120 CULINARY EVENT 900099 87003 87003 CAMPS & CLASSES 900099 54325 54325 FIELD TRIPS & RETREATS 900099 42500 42500 684322 64 64 76811 0 76811 76811 76811 0 11706 3365 -3365 -3365 309107 286927 22180 22180 PROPERTY TAX REFUNDS 900099 78845 78845 MISCELLANEOUS REVENUE 900099 581 581 79426 3948235 435382 271120 152936 104435 75193 25064 4178 1732475 1113061 566330 53084 27609 15198 12015 396 155051 84858 68041 2152 169413 109737 54489 5187 4501 2583 1774 144 47390 47390 46726 38227 7200 1299 11760 5832 5928 50415 29681 19510 1224 67419 43901 12619 10899 392954 255408 127353 10193 2286 2286 152009 98801 49265 3943 162605 80258 79144 3203 PROGRAM EXPENSE 345988 287156 55803 3029 OTHER EXPENSES 120023 65194 44603 10226 DONATED GOODS 3259 2102 0 1157 3596318 2309476 1176528 110314 97959 71142 81102 140133 10942 150822 31641 74616 114182 111832 1038773 424346 682098 614427 12673237 11969168 13691161 13132140 259800 259693 53752 21872 9868541 9655115 10182093 9936680 X 154508 -7991 3354560 3203451 3509068 3195460 13691161 13132140 X 351917 -704069 38544 X 0 1 X 0 0 X 1671920 3468849 2730567 3088797 10960133 1671920 3468849 2730567 3088797 10960133 8562917 2397216 10035 22178 50197 76875 159285 344 79386 79730 11199148 1208995 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2018 AMOUNT: $ 344. 2019 AMOUNT: $ 541. PROPERTY TAX REFUND - 2019 AMOUNT: $ 78,845. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 254341 37709 216632 782616 386637 395979 1816 1816 614427 USE OF FACILITIES RECEIVABLE 11969168 11969168 SECURITY DEPOSITS 644 LONG TERM FACILITIES MAINTENANCE LIABILITY 9654471 9655115 3993574 45339 45339 3948235 0 3948235 3641657 45339 45339 3596318 0 3596318 ELBRIDGE & DEBRA STUART FOUNDATION SUBSTANTIAL CONTRIBUTOR AND BOARD MEMBER 11969168 USE OF FACILITIES CONTRIBUTION RECEIVABLE 0 ELBRIDGE & DEBRA STUART FOUNDATION SUBSTANTIAL CONTRIBUTOR AND BOARD MEMBER 9654471 FACILITIES AND MAINTENANCE OBLIGATIONS 0 SCHEDULE L, PART IV CARNATION FARMS LEASES ITS FARM AND OFFICE SPACE FROM A RELATED PARTY AT A RATE OF $1 PER YEAR. THE LEASE EXPIRES ON SEPTEMBER 30, 2036, AND MAY BE CANCELLED BY EITHER PARTY WITH 12 MONTHS' WRITTEN NOTICE. AS THE LEASE IS NOT EXPECTED TO BE CANCELLED BY EITHER PARTY, THE FULL VALUE OF THE CONTRIBUTED RENT AND THE FACILITIES MAINTENANCE OBLIGATION HAS BEEN RECOGNIZED. THE TERMS OF THE LEASE INCLUDE THAT CARNATION FARMS MUST PAY ALL UTILITIES AND PROPERTY TAXES AND IS LIABLE FOR MAINTENANCE OF THE REAL AND PERSONAL PROPERTY LOCATED ON THE PROPERTY IN CARNATION, WASHINGTON.THE FAIR VALUE OF THE IN-KIND RENTAL PAYMENTS, AS ESTIMATED BY MANAGEMENT, OVER THE LIFE OF THE LEASE WAS GREATER THAN THE ESTIMATED FAIR VALUE OF THE PROPERTY, BASED ON A PROPERTY VALUATION REPORT PREPARED BY AN INDEPENDENT THIRD PARTY. THEREFORE, MANAGEMENT VALUED THE USE OF FACILITIES RECEIVABLE USING THE LOWER AMOUNT AND BASED THE USE OF FACILITIES RECEIVABLE ON THE FAIR VALUE OF THE REAL PROPERTY.CARNATION FARMS AND THE LANDLORD AGREED TO A SCHEDULE OF REQUIRED REPAIRS AND MAINTENANCE THROUGH 2022. THIS SCHEDULE WAS BASED ON AN ASSESSMENT OF NEEDED REPAIRS AND MAINTENANCE PERFORMED BY AN INDEPENDENT THIRD PARTY. MANAGEMENT EXPECTS TO HAVE THE INDEPENDENT THIRD PARTY PERFORM THE ASSESSMENT EVERY FIVE YEARS OVER THE LIFE OF THE LEASE. THE MAINTENANCE LIABILITY FOR THE LIFE OF THE LEASE WAS ESTIMATED BASED ON THE SCHEDULE AGREED TO WITH THE LANDLORD.IN 2017, CARNATION FARMS RECOGNIZED AN IN KIND CONTRIBUTION OF USE OF FACILITIES OF $3,727,288 REPRESENTING THE DIFFERENCE BETWEEN THE FAIR VALUE OF LEASED PREMISES FOR WHICH A RECEIVABLE WAS RECORDED AND THE MAINTENANCE LIABILITY. THE USE OF FACILITIES CONTRIBUTION RECEIVABLE IS AMORTIZED ON A STRAIGHT LINE BASIS OVER THE 20 YEAR LEASE PERIOD TO RENT EXPENSE. RENT EXPENSE WAS $704,069 DURING THE YEAR ENDED DECEMBER 31, 2019. THE BALANCE OF THE USE OF FACILITIES CONTRIBUTION RECEIVABLE WAS $11,969,168 AT DECEMBER 31, 2019. A LIABILITY FOR THE MAINTENANCE OF THE PROPERTY HAS BEEN RECORDED IN THE AMOUNT OF $9,654,471, WHICH WILL BE DECREASED ANNUALLY IN FUTURE YEARS DEPENDING ON THE ACTUAL COSTS OF MAINTENANCE. FORM 990, PART III, LINE 2 1) MISSION-FOCUSED CULINARY AND HOSPITALITY EVENTS AND ACTIVITIES AND 2) POULTRY PROCESSING SERVICES. FORM 990, PART VI, SECTION A, LINE 2 CO-PRESIDENT #1 & VICE PRESIDENT ARE MARRIED, CO-PRESIDENT #2 & SECRETARY ARE MARRIED. CO-PRESIDENT #1 & VICE PRESIDENT ARE PARENTS OF SECRETARY. CO-PRESIDENT #2 IS SON-IN-LAW TO CO-PRESIDENT #1 & VICE PRESIDENT. FORM 990, PART VI, SECTION A, LINE 6 ELBRIDGE STUART III AND DEBRA STUART ARE THE MEMBERS OF THIS CORPORATION, AND EXERCISE THEIR MEMBERSHIP RIGHTS THROUGH THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A ELBRIDGE STUART III AND DEBRA STUART, BOTH INDIVIDUALS, ARE THE MEMBERS OF THIS CORPORATION. THE MEMBERS ELECT THE DIRECTORS OF THE CORPORATION, WHO SERVE FOR OVERLAPPING THREE YEAR TERMS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED AND APPROVED BY THE BOARD PRIOR TO ITS FILING. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS ARE REQUIRED TO COMPLETE AN ANNUAL CONFLICT OF INTEREST SURVEY. THE BOARD DISCUSSES ALL DISCLOSED CONFLICTS AND ALL DIRECTORS WITH CONFLICTS RECUSE THEMSELVES FROM VOTING ON MATTERS IN WHICH THEY HAVE CONFLICTS, PER THE CORPORATION'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15A ED SALARY WAS DETERMINED BY INFORMALLY BENCHMARKING AGAINST OTHER ED SALARIES OF LOCAL NON-PROFITS WITH SIMILAR SIZE AND SCALE. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT MADE PUBLICLY AVAILABLE. OUR FORM 990 FILING SUMMARIZES THE KEY TENETS OF THESE DOCUMENTS AND IS PUBLICLY AVAILABLE. FORM 990, PART XI, LINE 9: GAIN ON FACILITY LEASE OBLIGATIONS 38,544. ELBRIDGE AND DEBRA STUART FAMILY FOUNDATION PO BOX 8340 INCLINE VILLAGE NV 89450 264492027 PRIVATE FOUNDATION NV 501(C)(3) N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 ELBRIDGE AND DEBRA STUART FAMILY FOUNDATION C 1125520 CASH