Varlebena Farms Foundation
Nonprofit profile at a glance
- EIN
- 883226314
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-N 2023
- Location
- Elsberry, MO, USA
- Phone
- 3146911985
- Rating
- 53
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Animal Protection and Welfare
Reported finances
- Revenue
- $1,045,717
- Expenses
- $128,639
- Assets
- $917,078
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Karen Duffy (Chariman & President)
Highest reported compensation
- Kriston Hunter (Board Member): $10,844 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Varlebena Farms Foundation rescues, rehabilitates, and provides lifelong sanctuary for abused, neglected, and at-risk equines and other farm animals, offering safe shelter, medical care, and permanent refuge while promoting humane treatment and animal welfare in the community.
What it reported doing in 2024
Varlebena Farms Foundation rescued and provided lifelong sanctuary for abused, neglected, and at-risk equines and farm animals. The organization provided daily care, safe housing, feed, medical treatment, rehabilitation, and permanent refuge for the animals in its care. During the year, the organization acquired property and initiated facility improvements to expand its capacity to provide safe and humane living environments for rescued animals.
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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 48
- Transparency & Controls: 92
- Accountability: 10
- Sustainability: 88
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 11.4%; rating input score 11
- Program expense ratio: 92.9%; rating input score 93
- Fundraising efficiency: $843.47 raised per $1 spent on fundraising; rating input score 97; 97th percentile among comparable filings
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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 87.7%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 7.13; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 91; 91st percentile among comparable filings
- Officer compensation ratio: 8.4%; rating input score 42; 42nd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 11.4% of revenue deployed · 92.9% of spending went to programs
- Governance: 0 of 5 board members independent · 2 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $119K in reported program spending
- Leadership: top reported pay $11K · 5 people listed
- Consistency: 22 of 22 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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 — Financial Efficiency: Mission deployment rate scored 11/100.
- High — Accountability: Independent voting board scored 0/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- Moderate — Sustainability: Officer compensation ratio scored 42/100.