LIVE AND LET LIVE FARM INC

EIN: 522381215 501(c)(3) Animal-Related

CHICHESTER, NH

Total Revenue
$1,130,584
Total Expenses
$809,479
Total Assets
$3,262,403
Net Assets
$3,261,982
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
NH
Principal Officer
TERESA PARADIS
Phone
6037985615
Tax Period
2024-01-01 to 2024-12-31

LIVE AND LET LIVE FARM INC, founded in 2002, is a community nonprofit in the Animal-Related sector that reported $1.1M in total revenue in fiscal year 2024. The organization ran a surplus of $321K, a strong 28% operating margin.

Mission

LIVE AND LET LIVE FARM'S REHABILITATION RESCUE & SANCTUARY HELPS ANIMALS FROM NEGLECT, ABUSE AND ABANDONMENT. ANIMALS COME FROM OWNERS WHO HAVE BECOME JOBLESS, HOMELESS, ILL FROM DISEASE SUCH AS MS AND CANCER, OR OWNERS WHO HAVE DIED AND WERE A VOLUNTEER OF THE ORGANIZATION. THE ORGANIZATION IS NOW CELEBRATING OVER 25 YEARS SINCE ESTABLISHED AT PARADISE LANE IN CHICHESTER NH, HELPING WHEREVER ABLE IN NH AND THE SURROUNDING NEW ENGLAND STATES AND EVEN AROUND THE COUNTRY, RESCUING ALL TYPES OF ANIMALS WITH A MAIN FOCUS ON HORSES AND AT RISK PREGNANT DOGS AND CATS, AND MOTHERLESS PUPPIES AND KITTENS. LIVE AND LET LIVE FARM HAS GROWN TO BE THE LARGEST ANIMAL RESCUE AND SANCTUARY IN NH AND THE SURROUNDING N.E. AREA.

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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 $957,789
Program Service Revenue $68,580
Investment Income $102,773
Other Revenue $1,442
TOTAL REVENUE $1,130,584

Expense Breakdown

Grants Paid $0
Salaries & Benefits $216,937
Fundraising Expenses $0
Program Expenses $741,871
Other Expenses $592,542
TOTAL EXPENSES $809,479

Year-over-Year Comparison

2024 2023 Change
Revenue $1,130,584 $1,087,158 +0.0%
Expenses $809,479 $719,343 +0.1%
Net Income $321,105 $367,815 -0.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
5
Employees
10
Volunteers
300

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
4
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE AKSTIN PRESIDENT 2.50
Officer Director
$0 $0 $0
JENNIFER GARIGAN SECRETARY 1.25
Officer Director
$0 $0 $0
SCOTT PHILBRICK DIRECTOR 1.25
Director
$0 $0 $0
ANN DAVIS TREASURER 2.50
Officer Director
$0 $0 $0
MICHAEL MORBIS DIRECTOR 2.50
Director
$0 $0 $0
TERESA PARADIS EXECUTIVE DIRECTOR 65.00
Officer
$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 $1,130,584 $809,479 $3,262,403 $321,105
2023 $1,087,158 $719,343 $2,936,461 $367,815
2022 $1,117,463 $740,303 $2,592,208 $377,160
2021 $1,121,616 $766,607 $2,371,521 $355,009
2020 $1,326,312 $730,198 $1,994,838 $596,114
2019 $1,360,405 $665,431 $1,382,455 $694,974
2018 $688,886 $579,364 $687,727 $109,522
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