SKY HIGH FARM INC

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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

Principal Officer

JOSHUA BARDFIELD

Phone

2017884555

Tax Period

2023-01-01 to 2023-12-31

SKY HIGH FARM INC, founded in 2015, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $4.5M in total revenue in fiscal year 2023. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.7M, a strong 61% operating margin.

Mission

Working to increase access to fresh, nutritious, locally produced food while investing in collaborative long-term solutions for food security. Sky High works to close the gap between regenerative farming and food access initiatives.

Program Service Accomplishments

Program 1

Expenses: $1,682,942

PROVIDED FOOD PANTRIES AND FOOD BANKS WITH FRESH, LOCALLY SOURCED FOODS IN ADDITION TO PROVIDING EDUCATIONAL PROGRAMS TO THE COMMUNITY ABOUT 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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,405,430

Program Service Revenue $25,500

Investment Income $22,320

Other Revenue $0

TOTAL REVENUE $4,453,250

Expense Breakdown

Grants Paid $305,277

Salaries & Benefits $766,615

Fundraising Expenses $53,141

Program Expenses $1,682,942

Other Expenses $672,252

TOTAL EXPENSES $1,744,144

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,453,250	$2,520,462	+0.8%
Expenses	$1,744,144	$1,210,185	+0.4%
Net Income	$2,709,106	$1,310,277	+1.1%

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

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$200,096

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSHUA BARDFIELD	CO-Exec. Direct	40.00	Officer	$134,776	$0	$134,776
JAMES TANT	CFO	25.00	Officer	$65,320	$0	$65,320
DANIEL COLEN	President	8.00	Director	$0	$0	$0
ERIC COSTELLO	Secretary	2.00	Director	$0	$0	$0
DAPHNE SEYBOLD	Treasurer	5.00	Director	$0	$0	$0
JON GRAY	BOARD MEMBER	1.00	Director	$0	$0	$0
CAROLINA SAAVEDRA	BOARD MEMBER	1.00	Director	$0	$0	$0
YEMI AMU	BOARD MEMBER	1.00	Director	$0	$0	$0
CATIE MARRON	BOARD MEMBER	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	No data	No data	No data	No data
2023	$4,453,250	$1,744,144	$4,917,507	$2,709,106
2022	$2,520,462	$1,210,185	$2,221,273	$1,310,277
2021	$1,149,166	$701,568	$811,233	$447,598
2020	$395,502	$59,856	$345,850	$335,646