Richard Wainwright Barber Farm Preservation Trust Inc

EIN: 475091510 501(c)(3) Environment

Salisbury, NC

Total Revenue
$626,492
Total Expenses
$183,654
Total Assets
$4,813,966
Net Assets
$4,813,966
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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
Jason A Walser
Phone
7047980205
Tax Period
2025-01-01 to 2025-12-31

Richard Wainwright Barber Farm Preservation Trust Inc, founded in 2015, is a small nonprofit in the Environment sector that reported $626K in total revenue in fiscal year 2025. Revenue surged 182% from the prior year, signaling strong growth momentum. The organization ran a surplus of $443K, a strong 71% operating margin.

Mission

Operates as a supporting organization for the Three Rivers Land Trust,Inc.

Program Service Accomplishments

Program 1
Expenses: $178,804 Revenue: $0

Supporting organization for the Three Rivers Land Trust,Inc.

Program 2
Expenses: $0 Revenue: $0

West Rowan High School, Mt. Ulla, NC

Program 3
Expenses: $0 Revenue: $0

Rowan County Agriculture Extension, Salisbury, NC

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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 (2025)

Revenue Breakdown

Contributions & Grants $330,495
Program Service Revenue $0
Investment Income $292,497
Other Revenue $3,500
TOTAL REVENUE $626,492

Expense Breakdown

Grants Paid $87,654
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $178,804
Other Expenses $96,000
TOTAL EXPENSES $183,654

Year-over-Year Comparison

2025 2024 Change
Revenue $626,492 $221,783 +1.8%
Expenses $183,654 $131,604 +0.4%
Net Income $442,838 $90,179 +3.9%
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
7
Independent Members
7
Employees
N/A
Volunteers
7

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
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Darryl K Corriher N/A
Officer Director
$0 $0 $0
John S Sloop N/A
Officer Director
$0 $0 $0
Phillip L Sloop N/A
Director
$0 $0 $0
Thomas A Hall N/A
Director
$0 $0 $0
Edward P Norvell N/A
Director
$0 $0 $0
Lynda White N/A
Director
$0 $0 $0
Jason A Walser N/A
Officer 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 $626,492 $183,654 $4,813,966 $442,838
2024 $221,783 $131,604 $4,175,732 $90,179
2023 $205,978 $95,875 $3,921,328 $110,103
2022 $752,059 $121,739 $3,553,373 $630,320
2021 $2,187,105 $71,169 $3,446,568 $2,115,936
2020 $169,412 $37,000 $1,384,838 $132,412
2019 $173,803 $48,568 $1,137,918 $125,235
2018 $316,667 $24,709 $858,481 $291,958
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