Historic Johnson Farm Foundation Inc

Nonprofit profile at a glance

EIN
841874209
IRS 990-EZ coverage
2022–2024
Forms available
Form 990 2020, Form 990-EZ 2024, Form 990-N 2019
Location
Hendersonville, NC, USA
Phone
8288916585
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
History Museums

Reported finances

Revenue
$155,066
Expenses
$101,766
Assets
$408,503

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • Mandy Gibson (Executive Director)

People named in this filing

  • Mandy Gibson (Executive Director)
  • Don Schwartz (Chair)
  • Tippy Guffey (Vice-Chair)

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 provide cultural heritage experiences and educational opportunities for school children and the community. Preserving the past to enrich the future.

What it reported doing in 2024

Part III Statement of Program Service Accomplishments continued.376 guests went on guided tours of the farm throughout the year. Over 900 visitors came to special events (Homeschool Day, Fun Farm Day Drive-Thru (pivoted due to Hurricane Helene), and the Mothers Day Market). Over 1,650 people visited the farm grounds. Farm volunteers put in over 3,205 hours of volunteer time. 1,321 of these hours were from middle and high school students!

Operating model

Revenue model
Donor-supported. 73% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 97% 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 - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 100
  • Sustainability: 69
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 51.3%; rating input score 51
  • Program expense ratio: 76.9%; rating input score 77

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 34.4%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 4.01; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 53.7%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -12.8% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -34.4% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -6.5% per year; rating input score 0; 14th percentile among comparable filings

Details

  • Where the money goes: 51.3% of revenue deployed · 76.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $78K in reported program spending
  • Leadership: top reported pay $0 · 16 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 51/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.