OLD SCHOOL FARM INC

EIN: 462733792 501(c)(3) Philanthropy & Grantmaking

NASHVILLE, TN

Total Revenue
$310,497
Total Expenses
$363,641
Total Assets
$43,440
Net Assets
$8,595
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TN
Principal Officer
CECIL ROWAN MILLAR
Phone
6159480200
Tax Period
2024-01-01 to 2024-12-31

OLD SCHOOL FARM INC, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $310K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $364K exceeded revenue, resulting in a 17% operating deficit.

Mission

NESTLED WITHIN THE HEART OF BELLS BEND, TEN MINUTES OUTSIDE OF NASHVILLE. LIES A NEW, UNIQUE NON-PROFIT DEDICATED TO PRODUCING QUALITY FARM-TO-TABLE FOOD WHILE PROVIDING EMPLOYMENT FOR INDIVIDUALS THAT HAVE INTELLECTUAL DISABILITIES. OLD SCHOOL FARM WAS FOUNDED IN 2013 ON THE BEHALF THAT CREATING A SUSTAINABLE FARM CAN ALSO PRODUCE SUSTAINABLE JOBS WHILE GIVING BACK TO THE COMMUNITY AT LARGE. IT IS OUR HOPE THAT OLD SCHOOL FARM WILL BECOME A MODEL SITE WHERE YOU WILL FIND INDIVIDUALS OR ALL ABILITIES WORKING SIDE BY SIDE.

Program Service Accomplishments

Program 1
Expenses: $90,910 Revenue: $45,237

PROVIDE A COMMUNITY SUPPORTED AGRICULTURE MEMBERSHIP PROGRAM WHICH PROVIDES 26 WEEKS OF FRESH ORGANIC PRODUCE TO OUR MEMBERS AND AT THE LOCAL FARMERS MARKET.

Program 2
Expenses: $90,910 Revenue: $45,237

TRAINING AND EMPLOYMENT FOR ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES ON HOW TO GROW AND PRODUCE AND FARM THE LAND.

Program 3
Expenses: $90,910 Revenue: $45,237

VOLUNTEER DAY PROGRAMS, THIS GIVES LOCAL SCHOOLS AND OTHER ORGANIZATIONS AND INDIVIDUALS THE OPPORTUNITY TO COME TO THE FARM AND LEARN THEORY AND SKILLS OF SELF SUSTAINABLE FARMING.

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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 $116,781
Program Service Revenue $180,946
Investment Income $0
Other Revenue $12,770
TOTAL REVENUE $310,497

Expense Breakdown

Grants Paid $0
Salaries & Benefits $251,888
Fundraising Expenses $0
Program Expenses $363,641
Other Expenses $111,753
TOTAL EXPENSES $363,641

Year-over-Year Comparison

2024 2023 Change
Revenue $310,497 $249,622 +0.2%
Expenses $363,641 $225,571 +0.6%
Net Income $-53,144 $24,051 -3.2%
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
8
Independent Members
8
Employees
15
Volunteers
40

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
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TARA EVANS TREASURER 1.00
Officer Director
$0 $0 $0
JENNY HOLBROOK DIRECTOR 1.00
Director
$0 $0 $0
FLORENCE SUDDUTH DIRECTOR 1.00
Director
$0 $0 $0
ROWAN MILLER VICE - PRESIDENT 1.00
Officer Director
$0 $0 $0
DAVID SPEAGLE DIRECTOR 1.00
Director
$0 $0 $0
ANTHONY SANFILIPPO DIRECTOR 1.00
Director
$0 $0 $0
CECIL ROWAN MILLAR PRESIDENT 1.00
Officer Director
$0 $0 $0
CHIP RIEGER DIRECTOR 1.00
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
2024 $310,497 $363,641 $43,440 $-53,144
2023 $249,622 $225,571 $69,765 $24,051
2019 $203,410 $230,834 $48,514 $-27,424
2018 $256,845 $245,597 $57,966 $11,248
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