SANCTUARY FARM PHILA

EIN: 820901546 501(c)(3) Food, Agriculture & Nutrition

Philadelphia, PA

Total Revenue
$554,188
Total Expenses
$406,259
Total Assets
$729,035
Net Assets
$629,605
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
PA
Phone
2677030194
Tax Period
2024-01-01 to 2024-12-31

SANCTUARY FARM PHILA, founded in 2017, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $554K in total revenue in fiscal year 2024. The organization ran a surplus of $148K, a strong 27% operating margin.

Mission

Sanctuary Farm seeks to address the health inequities resulting from systemic racial oppression and economic injustice by converting abandoned and neglected areas in our community into spaces that promote safety, hospitality, nutrition and growth. With the help of neighbors, volunteers, and other non-profit partnerships, Sanctuary Farm "broke ground" on an empty lot in North Philadelphia in May 2017. Since it opened in 2017, Sanctuary Farm has planted, grown, and harvested over 25,000 pounds of fresh produce. The produce has been distributed to over 1000 families in the community, free of charge.

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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 $554,174
Program Service Revenue $0
Investment Income $14
Other Revenue $0
TOTAL REVENUE $554,188

Expense Breakdown

Grants Paid $0
Salaries & Benefits $190,065
Fundraising Expenses $0
Program Expenses $445,632
Other Expenses $216,194
TOTAL EXPENSES $406,259

Year-over-Year Comparison

2024 2023 Change
Revenue $554,188 $541,453 +0.0%
Expenses $406,259 $271,130 +0.5%
Net Income $147,929 $270,323 -0.5%
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
16
Independent Members
16
Employees
9
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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jay Thayakaran Treasurer 1.00
Officer
$0 $0 $0
Michelle Sipics President 1.00
Officer
$0 $0 $0
Saideep Raj Vice-President 1.00
Officer
$0 $0 $0
Paul Justice Board Member 1.00
Director
$0 $0 $0
Lester Cohen Board Member 1.00
Director
$0 $0 $0
Kate Gormley Board Member 1.00
Director
$0 $0 $0
Carolyn Clark Board Member 1.00
Director
$0 $0 $0
Maria Termini Romano Board Member 1.00
Director
$0 $0 $0
Deborah Callahan Secretary 1.00
Officer
$0 $0 $0
Rhonda Carter Board Member 1.00
Director
$0 $0 $0
Lisa Greenspan Board Member 1.00
Director
$0 $0 $0
Abbe Stern Board Member 1.00
Director
$0 $0 $0
Melissa Morris Board Member 1.00
Director
$0 $0 $0
King Paramore Board Member 1.00
Director
$0 $0 $0
Donta Rose Board Member 1.00
Director
$0 $0 $0
Patrick Sillup 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 $554,188 $406,259 $729,035 $147,929
2023 $541,453 $271,130 $588,870 $270,323
2022 $361,091 $294,849 $323,493 $66,242
2021 $251,681 $162,790 $165,314 $88,891
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