Veterans Healing Farm

EIN: 465689396 501(c)(3) Public & Societal Benefit

Mills River, NC

Total Revenue
$946,311
Total Expenses
$317,440
Total Assets
$1,513,214
Net Assets
$1,057,505
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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NC
Principal Officer
Alan Yeck
Phone
8285956111
Tax Period
2024-01-01 to 2024-12-31

Veterans Healing Farm, founded in 2015, is a small nonprofit in the Public & Societal Benefit sector that reported $946K in total revenue in fiscal year 2024. Revenue surged 135% from the prior year, signaling strong growth momentum. The organization ran a surplus of $629K, a strong 66% operating margin.

Mission

Veterans Healing Farm enhances the mental, emotional, and physical well-being of our nations Veterans and their families.

Program Service Accomplishments

Program 1
Expenses: $231,409 Revenue: $0

Agritherapy: Our tomato team worked differently this last season using straw bales to grow our tomatoes. We grew about 30 different varieties and gave away over 6,500 lbs of produce despite our small...

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Agritherapy: Our tomato team worked differently this last season using straw bales to grow our tomatoes. We grew about 30 different varieties and gave away over 6,500 lbs of produce despite our small harvesting area due to the move. We gave away tomatoes to Veterans and caregivers at the Charles George VA Medical Center, Safelight Womens Shelter, IAM Food Pantry, the Rescue Mission of Hendersonville, the Storehouse, and the Veterans Restoration Quarters (180 bed Veteran homeless shelter in Asheville). We also changed our mission with supply runs during Hurricane Helene and checking in on veterans in our community who needed help. The Bee Squad took wonderful care of our hives and harvested 5 gallons of honey in our shortened season, while also getting them moved and settled into their temporary home at Johnson Farm until they could move home. Our Medicinal Herb Squad grew and processed 70 different medicinal plants with the teas, tinctures, salves and balms given to our Veteran community for sleep issues, anxiety, and inflammation. Our volunteers helped tremendously, 3,856 volunteer hours through 340 volunteers (produce, medicinal herbs, flower, and beekeeping teams) but also with packing and moving our farm and unpacking at the new location.

Program 2

Workshops: This year VHF ran 57 workshops for over 500 participants with a 92% approval rating. Workshops included equine therapy, canine therapy, art therapy, music therapy, neurofeedback therapy...

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Workshops: This year VHF ran 57 workshops for over 500 participants with a 92% approval rating. Workshops included equine therapy, canine therapy, art therapy, music therapy, neurofeedback therapy, vegetable canning, floral arrangements, art classes, jam making, mushroom growing, medicinal herbs, etc. This was also our third season of offering suicide prevention classes to the entire community. To date we have trained 68 individuals in suicide prevention. We did many different outings to include fly-fishing, tourist games, kayaking trips, and hikes out in the community.

Program 3

Events: Our 3rd Annual Veterans Resource Fair saw participation of over 420 in attendance for this Veteran event. Forty organizations that provide services to Veterans participated. We also hosted...

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Events: Our 3rd Annual Veterans Resource Fair saw participation of over 420 in attendance for this Veteran event. Forty organizations that provide services to Veterans participated. We also hosted our end-of-year celebration and closing of the old location property with over 50 participants/volunteers coming to celebrate with us. We found our forever home at the new location and had many volunteers help with getting us back up and running including clearing the property after the storm. We held a coffee drop-in, bonfire, Friendsgiving and Christmas event all in the short time of getting into the farm in September.

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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 $1,029,569
Program Service Revenue $0
Investment Income $-84,659
Other Revenue $1,401
TOTAL REVENUE $946,311

Expense Breakdown

Grants Paid $0
Salaries & Benefits $128,298
Fundraising Expenses $26,934
Program Expenses $231,409
Other Expenses $184,527
TOTAL EXPENSES $317,440

Year-over-Year Comparison

2024 2023 Change
Revenue $946,311 $402,351 +1.4%
Expenses $317,440 $295,653 +0.1%
Net Income $628,871 $106,698 +4.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
4
Volunteers
340

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
$39,705
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alan Yeck Executive Director 40.00
Officer
$39,705 $0 $39,705
David Boeke Board President 3.00
Officer Director
$0 $0 $0
Brian Cotton Vice President 0.50
Officer Director
$0 $0 $0
Jeanine Davis Secretary 2.00
Officer Director
$0 $0 $0
Brian Black Treasurer 2.00
Officer Director
$0 $0 $0
Larry Schroyer Member 0.50
Director
$0 $0 $0
Nancy Martin Member 0.50
Director
$0 $0 $0
Warren Seymour Member 1.00
Director
$0 $0 $0
Ashlynn Landreth Member 0.50
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 $946,311 $317,440 $1,513,214 $628,871
2023 $402,351 $295,653 $438,571 $106,698
2022 $276,083 $223,165 $331,667 $52,918
2021 $207,294 $240,170 $274,642 $-32,876
2020 $242,672 $198,839 $309,622 $43,833
2019 $247,354 $238,773 $261,905 $8,581
2018 $327,794 $190,782 $256,081 $137,012
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