FARMERS CHARITABLE FOUNDATION XXX-XX-XXXX

EIN: 836635385 501(c)(3) Philanthropy & Grantmaking

CANFIELD, OH

Total Revenue
$4,193,833
Total Expenses
$1,150,287
Total Assets
$15,958,123
Net Assets
$15,958,123
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
OH
Principal Officer
KEVIN HELMICK
Phone
3307437000
Tax Period
2025-01-01 to 2025-12-31

FARMERS CHARITABLE FOUNDATION XXX-XX-XXXX, founded in 2018, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $4.2M in total revenue in fiscal year 2025. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.0M, a strong 73% operating margin.

Mission

THE MISSION AND PURPOSE OF THE CORPORATION IS TO BE ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE"), INCLUDING, IN FURTHERANCE OF SUCH PURPOSES, BUT WITHOUT LIMITATION THEREON, HOLDING, INVESTING, AND ADMINISTERING ASSETS RECEIVED AS CHARITABLE GIFTS, BEQUESTS, AND CONTRIBUTIONS AND USING SUCH ASSETS OR THE INCOME THEREFROM BY MAKING GRANTS AND OTHER DISTRIBUTIONS TO FACILITATE, SUPPORT, AND INCREASE CHARITABLE ACTIVITIES IN THE FOLLOWING AREAS: HEALTH AND HUMAN SERVICES; CHILDREN, YOUTH, AND FAMILIES; SOCIAL WELFARE; EDUCATION; SCIENTIFIC RESEARCH; CULTURE, ARTS, AND HUMANITIES; RELIGION; CIVIC AND COMMUNITY AFFAIRS; ENVIRONMENT; WILDLIFE AND ANIMALS; AND OTHER CHARITABLE ACTIVITIES THAT SUPPORT CAUSES WHICH REPRESENT THE PHILANTHROPIC WISHES OF DONORS OF FARMERS CHARITABLE FOUNDATION.

Program Service Accomplishments

Program 1
Expenses: $1,058,652

MADE GRANTS TO CHARITABLE, RELIGIOUS, EDUCATIONAL, AND SCIENTIFIC ORGANIZATIONS IN FURTHERANCE OF EACH RECIPIENT'S EXEMPT PURPOSE. (OVER 200 ORGANIZATIONS RECEIVED GRANTS IN 2025.)

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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 $3,511,091
Program Service Revenue $0
Investment Income $682,742
Other Revenue $0
TOTAL REVENUE $4,193,833

Expense Breakdown

Grants Paid $1,058,652
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,058,652
Other Expenses $91,635
TOTAL EXPENSES $1,150,287

Year-over-Year Comparison

2025 2024 Change
Revenue $4,193,833 $3,626,741 +0.2%
Expenses $1,150,287 $1,617,798 -0.3%
Net Income $3,043,546 $2,008,943 +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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
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
$3,879,224
Total Directors
5
$3,879,224
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN HELMICK CHAIRMAN 1.00
Officer Director
$0 $103,754 $1,814,625
AMBER WALLACE SECRETARY 1.00
Officer Director
$0 $35,103 $646,614
MARK WENICK VICE CHAIRMAN 1.00
Officer Director
$0 $21,168 $688,710
TROY ADAIR TREASURER 1.00
Officer Director
$0 $24,726 $729,275
JUAN SANTIAGO THRU 42025 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
2025 $4,193,833 $1,150,287 $15,958,123 $3,043,546
2024 $3,626,741 $1,617,798 $11,960,263 $2,008,943
2023 $1,410,719 $851,780 $9,640,914 $558,939
2022 $7,145,328 $499,740 $8,349,905 $6,645,588
2021 $1,757,963 $567,505 $2,404,415 $1,190,458
2020 $345,519 $171,141 $1,113,630 $174,378
2019 $883,366 $101,282 $848,247 $782,084
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