RALEIGH CITY FARM INC

EIN: 450603306 501(c)(3) Food, Agriculture & Nutrition

RALEIGH, NC

Total Revenue
$282,282
Total Expenses
$225,021
Total Assets
$194,390
Net Assets
$189,352
🔒

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
2011
Legal Domicile
NC
Principal Officer
MICHAEL SCOTT
Phone
9193229596
Tax Period
2024-01-01 to 2024-12-31

RALEIGH CITY FARM INC, founded in 2011, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $282K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $57K, a strong 20% operating margin.

Mission

IN 2024, RALEIGH CITY FARM DEEPENED ITS COMMITMENT TO REGENERATIVE, CLIMATE-RESILIENT PRACTICES FOR HEALTHIER SOIL AND PLANTS. DESPITE SEVERE WEATHER, AND PEST PRESSURE, THE FARM PRODUCED 13,000 POUNDS OF FOOD, DONATING 6,400 POUNDS--50% OF THE TOTAL HARVEST AND A 62% INCREASE FROM 2023--THROUGH EXPANDED FARMSHARE PARTNERSHIPS; THE REMAINDER WAS SOLD AT 28 PAY-WHAT-YOU-CAN FARMSTANDS. NEARLY 6,000 VOLUNTEER HOURS WERE LOGGED VIA 31 PRIVATE WORKDAYS, 38 ADDITIONAL VOLUNTEER EVENTS, AND 2 FUNDRAISERS. EDUCATION REMAINED KEY, WITH 16 FARM TO CAMP SESSIONS, 12 PRIVATE TOURS, AND 11 ARTIST IN RESIDENCE EVENTS. THE FUTURE FARMS PLAN & FUND WAS LAUNCHED AND PHASE ONE COMPLETED WITH EXPANSION TO TWO ADJACENT LOTS, INCREASING THE FARM'S FOOTPRINT BY 20% AND INCREASING PROGRAMMING AND IMPACT.

🔒

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 $244,847
Program Service Revenue $16,983
Investment Income $3,292
Other Revenue $17,160
TOTAL REVENUE $282,282

Expense Breakdown

Grants Paid $0
Salaries & Benefits $147,535
Fundraising Expenses $27,755
Program Expenses $181,948
Other Expenses $77,486
TOTAL EXPENSES $225,021

Year-over-Year Comparison

2024 2023 Change
Revenue $282,282 $219,240 +0.3%
Expenses $225,021 $184,449 +0.2%
Net Income $57,261 $34,791 +0.6%
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
14
Independent Members
14
Employees
2
Volunteers
N/A

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
6
$99,543
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TIFFANY LOPEZ BOARD MEMBER 2.00
Officer Director
$0 $0 $0
MICHAEL SCOTT CO-CHAIR 4.00
Officer Director
$0 $0 $0
CHRISTY MORTON CO-CHAIR 2.00
Officer Director
$0 $0 $0
BRYAN VODICKA TREASURER 3.00
Officer Director
$0 $0 $0
CAITLIN KITCHEN BOARD MEMBER 2.00
Director
$0 $0 $0
MERYL MURTAGH FINANCE & FUNDRAISING 2.00
Director
$0 $0 $0
MELISSA CREAMER FINANCE & FUNDRAISING 2.00
Director
$0 $0 $0
LYNDA CHAMBERS SITE/INFRASTRUCTURE 3.00
Director
$0 $0 $0
IVAN HOVIS GOBERN SITE/INFRASTRUCTURE 2.00
Director
$0 $0 $0
PARTH RAMPAL BOARD MEMBER 2.00
Director
$0 $0 $0
AMANDA RONAN SECRETARY 4.00
Director
$0 $0 $0
ANNA ZIMMERMAN BOARD MEMBER 2.00
Director
$0 $0 $0
RUHI PITRE BOARD MEMBER 2.00
Director
$0 $0 $0
JAMIE OUSTEROUT BOARD MEMBER 3.00
Director
$0 $0 $0
LISA GRELE BARRIE EXECUTIVE DIRECTOR 40.00
Officer
$53,248 $0 $53,248
MARIA WILIFORD FARM MANAGER 35.00
Officer
$46,295 $0 $46,295
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 $282,282 $225,021 $194,390 $57,261
2023 $219,240 $184,449 $138,906 $34,791
Explore More Nonprofits
Top 100 Nonprofits in North Carolina Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RALEIGH CITY FARM INC with other nonprofits in North Carolina and across the country.