BENEVOLENCE FARM

EIN: 263685507 501(c)(3) Housing & Shelter

GRAHAM, NC

Total Revenue
$865,987
Total Expenses
$657,451
Total Assets
$617,714
Net Assets
$578,780
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
NC
Principal Officer
MISTY RUFFING
Phone
3366398436
Tax Period
2024-01-01 to 2024-12-31

BENEVOLENCE FARM, founded in 2012, is a small nonprofit in the Housing & Shelter sector that reported $866K in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. The organization ran a surplus of $209K, a strong 24% operating margin.

Mission

BENEVOLENCE FARM SEEKS TO CULTIVATE LEADERSHIP, PROMOTE SUSTAINABLE LIVELIHOODS, AND REAP STRUCTURAL CHANGE WITH INDIVIDUALS IMPACTED BY THE CRIMINAL LEGAL SYSTEM IN NORTH CAROLINA.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $770,616
Program Service Revenue $93,607
Investment Income $981
Other Revenue $783
TOTAL REVENUE $865,987

Expense Breakdown

Grants Paid $0
Salaries & Benefits $329,113
Fundraising Expenses $61,273
Program Expenses $538,854
Other Expenses $328,338
TOTAL EXPENSES $657,451

Year-over-Year Comparison

2024 2023 Change
Revenue $865,987 $582,948 +0.5%
Expenses $657,451 $559,116 +0.2%
Net Income $208,536 $23,832 +7.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
12
Independent Members
12
Employees
17
Volunteers
25

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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHLIE THOMAS DIRECTOR 5.00
Director
$0 $0 $0
AUDREY KAH DIRECTOR 5.00
Director
$0 $0 $0
JACQUELINE NIKAS DIRECTOR 5.00
Director
$0 $0 $0
REBECCA SEVERIN DIRECTOR 5.00
Director
$0 $0 $0
KATHLEEN LOCKWOOD DIRECTOR 5.00
Director
$0 $0 $0
KIMAYA DAVIS-STOVALL DIRECTOR 5.00
Director
$0 $0 $0
ELISABETH JONES DIRECTOR 5.00
Director
$0 $0 $0
SHINEECE SELLARS DIRECTOR 5.00
Director
$0 $0 $0
ABIGAL KENNET CHAIR 5.00
Officer Director
$0 $0 $0
TRACY HENDERSON-BETHEL SECRETARY 5.00
Officer Director
$0 $0 $0
ALEXANDRA OAK VICE CHAIR 5.00
Officer Director
$0 $0 $0
MISTY RUFFING TREASURER 5.00
Officer Director
$0 $0 $0
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
2025 No data No data No data No data
2024 $865,987 $657,451 $617,714 $208,536
2023 $582,948 $559,116 $410,885 $23,832
2022 $454,929 $580,190 $391,509 $-125,261
2021 $471,110 $372,092 $511,137 $99,018
2020 $297,461 $301,965 $414,237 $-4,504
2019 $292,429 $265,649 $410,228 $26,780
2018 $223,600 $239,986 $382,452 $-16,386
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