Wolfe's Neck Farm Foundation

EIN: 222586116 501(c)(3) Philanthropy & Grantmaking

Freeport, ME

Total Revenue
$9,703,519
Total Expenses
$9,100,588
Total Assets
$18,608,937
Net Assets
$13,884,933
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
ME
Principal Officer
David Herring
Phone
2078654469
Tax Period
2024-01-01 to 2024-12-31

Wolfe's Neck Farm Foundation, founded in 1984, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $9.7M in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $9.1M left a modest 6% surplus.

Mission

The mission of Wolfe's Neck Center for Agriculture & The Environment is to transform our relationship with farming and food for a healthier planet.

Program Service Accomplishments

Program 1
Expenses: $1,455,846 Revenue: $1,136,201

Visitor Services - Wolfe's Neck Center, oceanfront camping has been an integral part of Wolfe's Neck for over 50 years. While enjoying the camping experiences, guests may enjoy many opportunities to...

Read more

Visitor Services - Wolfe's Neck Center, oceanfront camping has been an integral part of Wolfe's Neck for over 50 years. While enjoying the camping experiences, guests may enjoy many opportunities to learn about food and farming and building connections to the natural environment. The farm is open year-round and in addition to our campers, Wolfe's Neck is a key contributor to the community offering ongoing educational and recreational opportunities for all ages.

Program 2
Expenses: $2,979 Revenue: $445,383

Farm-based environmental education - We host engaging and interactive experimental education programming throughout the year. These programs include a summer day camp, field trips and farm school...

Read more

Farm-based environmental education - We host engaging and interactive experimental education programming throughout the year. These programs include a summer day camp, field trips and farm school, walk-on programs for casual visitors, and seasonal events designed to connect people of all ages to sustainable agriculture, food, and nature.

Program 3
Expenses: $512,141 Revenue: $138,428

Farmer Training and Technical Assistance - The initiative is aimed at training the next generation of organic dairy farmers. This program is offered in partnership with Dairy Grazing Apprenticeship...

Read more

Farmer Training and Technical Assistance - The initiative is aimed at training the next generation of organic dairy farmers. This program is offered in partnership with Dairy Grazing Apprenticeship. Additionally, the organization has established a formal apprentice program focused on best farming practices in vegetable and fruit production.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $8,080,660
Program Service Revenue $1,824,200
Investment Income $-18,075
Other Revenue $-183,266
TOTAL REVENUE $9,703,519

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,858,570
Fundraising Expenses $434,865
Program Expenses $8,067,586
Other Expenses $5,242,018
TOTAL EXPENSES $9,100,588

Year-over-Year Comparison

2024 2023 Change
Revenue $9,703,519 $8,110,600 +0.2%
Expenses $9,100,588 $6,873,201 +0.3%
Net Income $602,931 $1,237,399 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
13
Independent Members
13
Employees
132
Volunteers
239

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$122,538
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alex Intraversato Director 1.00
Director
$0 $0 $0
Anna Lerner Nesbitt Director 1.00
Director
$0 $0 $0
Clemson Smith-Muniz Director 1.00
Director
$0 $0 $0
David Bennell Director 1.00
Director
$0 $0 $0
Emily Carville Vice President 1.00
Officer Director
$0 $0 $0
Megan Hellstedt President 1.00
Officer Director
$0 $0 $0
Sarah Zimman Secretary 1.00
Officer Director
$0 $0 $0
Susana Hancock Director 1.00
Director
$0 $0 $0
Timothy Griffin Director 1.00
Director
$0 $0 $0
Tom Kelly Treasurer 1.00
Officer Director
$0 $0 $0
Triplett Kise Director 1.00
Director
$0 $0 $0
Tucker Lannon Director 1.00
Director
$0 $0 $0
Vivi Stevenson Miller Director 1.00
Director
$0 $0 $0
David Herring Executive Director 40.00
Officer
$98,245 $24,293 $122,538
Dorn Cox Employee 40.00
Highest
$153,245 $0 $153,245
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2024 $9,703,519 $9,100,588 $18,608,937 $602,931
2023 $8,110,600 $6,873,201 $18,044,398 $1,237,399
2022 $5,100,179 $5,087,161 $14,242,110 $13,018
2021 $5,656,149 $4,852,468 $12,188,100 $803,681
2020 $4,043,870 $4,188,124 $11,498,240 $-144,254
2019 $4,711,072 $2,821,713 $11,685,244 $1,889,359
2018 $2,283,949 $2,451,266 $9,815,950 $-167,317
Explore More Nonprofits
Top 100 Nonprofits in Maine Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Wolfe's Neck Farm Foundation with other nonprofits in Maine and across the country.