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 Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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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 (VHF) enhances the mental, emotional, and physical well-being of our nations Veterans and their families.

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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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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
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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