Safe Harbor Farm Inc

Nonprofit profile at a glance

EIN
020624596
IRS 990 coverage
2020–2025
Forms available
Form 990 2025
Location
Maysville, NC, USA
Phone
2524220943
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Animal Protection and Welfare

Official website

Reported finances

Revenue
$24,949
Expenses
$28,081
Assets
$527,480
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

2 people listed

People named in this filing

  • Beth Faleris (director)
  • Lynne Swanson (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. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

SHF's SMILE! Project provides practical information (both written & via videos) about canine behavior for shelter & rescue personnel, veterinarians, boarding staff, trainers and dog-owners, so they can better help at-risk dogs. SHF volunteers maintain the Dragonfly Dog Park & Nature Trails and care for sanctuary goats, birds, turtles, cats & dogs. They also maintain a teaching apiary, and they rescue at-risk honeybee colonies.

What it reported doing in 2025

Animal care, sanctuary maintenance and nature center development at Safe Harbor Farm. SHF is home, at any time, to 8-10 dogs, cats, goats and birds, plus dozens of aquatic and semi-aquatic turtles. Its 61 acres includes a 1-acre dog park, a 10-25 hive teaching apiary and 2 miles of nature trails being groomed for community use & educational purposes. We also lecture at beekeeping conferences, teach beginning & intermediate beekeeping classes in our classroom and host a monthly meeting for new & more experienced beekeepers.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 37
  • Transparency & Controls: 90
  • Accountability: 76
  • Sustainability: 56
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 48.4%; rating input score 48
  • Program expense ratio: 31.4%; rating input score 31
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -12.6%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 18.78; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 8.1% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 0.3% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: -1.1% per year; rating input score 0; 31st percentile among comparable filings

Details

  • Where the money goes: 48.4% of revenue deployed · 31.4% of spending went to programs
  • Governance: 2 of 2 board members independent · 3 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $9K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 31/100.
  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • Moderate — Sustainability: Operating margin scored 39/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.