VILLAGE FARMS INC

EIN: 351370649

WESTFIELD, IN

Total Revenue
$497,856
Total Expenses
$426,782
Total Assets
$1,967,732
Net Assets
$1,657,711
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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
1973
Legal Domicile
IN
Principal Officer
DENNIS RESSLER
Phone
3178167010
Tax Period
2024-05-01 to 2025-04-30

VILLAGE FARMS INC, founded in 1973, is a small nonprofit that reported $498K in total revenue in fiscal year 2024. Revenue surged 2298% from the prior year, signaling strong growth momentum. Expenses of $427K left a modest 14% surplus.

Mission

MAINTENANCE OF ORGANIZATION ASSETS AND SOCIAL FUNCTIONS.

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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 $0
Program Service Revenue $431,708
Investment Income $38,720
Other Revenue $27,428
TOTAL REVENUE $497,856

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $219,760
Other Expenses $426,782
TOTAL EXPENSES $426,782

Year-over-Year Comparison

2024 2023 Change
Revenue $497,856 $20,762 +23.0%
Expenses $426,782 $152,416 +1.8%
Net Income $71,074 $-131,654 -1.5%
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
11
Independent Members
11
Employees
N/A
Volunteers
11

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
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE CASTLE PRESIDENT N/A
Officer Director
$0 $0 $0
MIKE NEIL VICE PRESIDE N/A
Officer Director
$0 $0 $0
DENNIS RESSLER TREASURER N/A
Officer Director
$0 $0 $0
BEN BROWNING SECRETARY N/A
Officer Director
$0 $0 $0
PATRICK MOYER DIRECTOR N/A
Director
$0 $0 $0
KARL KRUKENBERG DIRECTOR N/A
Director
$0 $0 $0
ASHLEY FRITTS DIRECTOR N/A
Director
$0 $0 $0
RICHARD OVERFIELD DIRECTOR N/A
Director
$0 $0 $0
TIFFANY LISS DIRECTOR N/A
Director
$0 $0 $0
JEFFREY YARDLEY DIRECTOR N/A
Director
$0 $0 $0
ALFREDO CRESPO DIRECTOR N/A
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 $497,856 $426,782 $1,967,732 $71,074
2024 $20,762 $152,416 $1,882,347 $-131,654
2023 $472,621 $391,769 $1,740,258 $80,852
2022 $436,801 $453,799 $1,648,963 $-16,998
2021 $456,305 $324,235 $1,657,383 $132,070
2020 $396,734 $431,426 $1,528,047 $-34,692
2019 $386,685 $403,131 $1,561,395 $-16,446
2018 $376,282 $286,773 $1,573,699 $89,509
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