Carpe Diem Farms Inc
Nonprofit profile at a glance
- EIN
- 582020153
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024, Form 990-N 2022
- Location
- Highlands, NC, USA
- Phone
- 8282009725
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Mental Health, Crisis Intervention N.E.C.
Reported finances
- Revenue
- $71,193
- Expenses
- $73,231
- Assets
- $66,258
- Liabilities
- $78,033
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- SUE M BLAIR (PRESIDENT, C)
People named in this filing
- SUE M BLAIR (PRESIDENT, C)
- PAM NELLIS (DIRECTOR)
- GEORGIA ROBERT PARMELEE (DIRECTOR)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To create a community of understanding in which indiviudals' passions and dreams may be expressed in a safe envirnoment.
What it reported doing in 2024
Carpe diem farms inc. Provides worskshops, seminars, and specialized trainings to empower individuals to convert life challenges into opportunities. Carpe diem farm, inc. Is a permanent home for ten horses, three dogs, and two cats, used to impart life lessons and empowerment. 450 individuals served
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Assets have declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 82
- Sustainability: 38
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 76.2%; rating input score 76
- Program expense ratio: 74.1%; rating input score 74
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -2.9%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.9; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: 1.18; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2.1% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: -12.1% per year; rating input score 0; 15th percentile among comparable filings
Details
- Where the money goes: 76.2% of revenue deployed · 74.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $54K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 39/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.