Veterans Healing Farm
Nonprofit profile at a glance
- EIN
- 465689396
- IRS 990 coverage
- 2017–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025, Form 990-EZ 2016, Form 990-N 2014
- Location
- Mills River, NC, US
- Phone
- (828) 595-6111
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Military, Veterans' Organizations
Reported finances
- Revenue
- $690,983
- Expenses
- $585,904
- Assets
- $1,641,076
- Liabilities
- $452,788
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Alan Yeck (Executive Director)
- Warren Seymour (Board President)
- Larry Schroyer (Vice President)
- David Boeke (Former President (1/1/25-5/27/25))
Highest reported compensation
- Alan Yeck (Executive Director): $22,320 total reported compensation
- Dr Gabrielle Juba (Member): $4,608 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Enhancing the mental, emotional, and physical well-being of our nation’s Veterans and their families in WNC.
What it reported doing in 2025
2025 Events: -The 2025 Women Warriors Keynote Luncheon (200+ in attendance) -Veteran Open House (65 Veterans in attendance) -2nd Annual Friendsgiving (100+ in attendance) -2nd Annual Holiday Cookie Contest (72 in attendance) -Ribbon Cutting -Business After Hours -Visit from the Secretary of Veterans Affairs -Visit from the Legislative Director for the Vietnam Veterans of America -Presented at the NC Veterans Service Officers State Conference
Operating model
- Revenue model
- Donor-supported. 97% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 92
- Accountability: 95
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 67.9%; rating input score 68
- Program expense ratio: 78.7%; rating input score 79
- Fundraising efficiency: $14.55 raised per $1 spent on fundraising; rating input score 46; 46th 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: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 7 of 8 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 15.2%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 2.8; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: 0.28; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 4.6%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: 16.9% per year; rating input score 100; 74th percentile among comparable filings
- Revenue growth: 18.7% per year; rating input score 100; 81st percentile among comparable filings
- Asset growth: 28.1% per year; rating input score 100; 88th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 67.9% of revenue deployed · 78.7% of spending went to programs
- Governance: 7 of 7 board members independent · 7 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $461K in reported program spending
- Leadership: top reported pay $22K · 10 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 9 filing years from 2017 to 2025
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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: Fundraising efficiency scored 46/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Liabilities to assets ratio scored 21/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.