SERENITY FARM EQUINE SANCTUARY

EIN: 812779458 501(c)(3) Animal-Related

Louisa, VA

Total Revenue
$100,921
Total Expenses
$102,459
Total Assets
$30,639
Net Assets
$24,889
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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
VA
Principal Officer
William LaPorte
Phone
5408421756
Tax Period
2024-01-01 to 2024-12-31

SERENITY FARM EQUINE SANCTUARY, founded in 2016, is a micro nonprofit in the Animal-Related sector that reported $91K in total revenue in fiscal year 2020. Revenue decreased 8% compared to the prior year.

Mission

The mission of Serenity Farm is to prevent equine neglect, abuse, abandonment and rehabilitate and find loving, forever homes neglected or abused equines. We educate the public on the beauty and value of rescued horses. We give purpose to the lives of neglected or abused equines through interaction with humans, including emotionally or physically challenged individuals. We provide equine interaction to individuals with emotionally or physically challenging needs. We welcome all volunteers including adults and school-age with disabilities. We provide horsemanship instruction for our volunteers. We coordinate with agencies in the Commonwealth of Virginia and by providing current and future equine owners and other relevant groups with information and resources.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $92,046
Program Service Revenue $8,875
Investment Income $0
Other Revenue $0
TOTAL REVENUE $100,921

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $96,480
Other Expenses $102,459
TOTAL EXPENSES $102,459

Year-over-Year Comparison

2024 2023 Change
Revenue $100,921 $98,035 +0.0%
Expenses $102,459 $104,748 0.0%
Net Income $-1,538 $-6,713 -0.8%
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
10
Independent Members
10
Employees
N/A
Volunteers
43

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
2
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
William LaPorte Director 60
Officer Director
$0 $0 $0
Suzanne Haynes Director 8
Director
$0 $0 $0
Ernie Haynes Director 8
Director
$0 $0 $0
Lisa Lucas Director 12
Director
$0 $0 $0
Margaret Hoover Director 8
Director
$0 $0 $0
Autumn Wall Director 10
Director
$0 $0 $0
William Harrison Director 12
Director
$0 $0 $0
Ann Harrison Director 12
Director
$0 $0 $0
Melanie Jordan Director 8
Director
$0 $0 $0
Rhondavena LaPorte Executive Director 60
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 $100,921 $102,459 $30,639 $-1,538
2023 $98,035 $104,748 $31,211 $-6,713
2022 $95,236 $94,624 $47,980 $612
2021 $142,538 $110,010 $55,924 $32,528
2020 $91,491 $95,698 $26,481 $-4,207
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