FRIENDLY FIELDS FARM

EIN: 871665144 501(c)(3) Animal-Related

WAYNESVILLE, NC

Total Revenue
$95,502
Total Expenses
$65,445
Total Assets
$152,116
Net Assets
$148,586
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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
2021
Legal Domicile
NC
Principal Officer
ALEXA MURRAY
Phone
3157771690
Tax Period
2023-01-01 to 2023-12-31

FRIENDLY FIELDS FARM, founded in 2021, is a micro nonprofit in the Animal-Related sector that reported $96K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $30K, a strong 31% operating margin.

Mission

PREVENTION OF CRUELTY TO ANIMALS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $94,895
Program Service Revenue $607
Investment Income $0
Other Revenue $0
TOTAL REVENUE $95,502

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,530
Fundraising Expenses $0
Program Expenses $64,650
Other Expenses $61,915
TOTAL EXPENSES $65,445

Year-over-Year Comparison

2023 2022 Change
Revenue $95,502 $134,807 -0.3%
Expenses $65,445 $64,293 +0.0%
Net Income $30,057 $70,514 -0.6%
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

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Governance

Voting Members
4
Independent Members
4
Employees
1
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEXA MURRAY PRESIDENT 30.00
Officer
$0 $0 $0
NICHOLAS KUHN TREASURER 5.00
Officer
$0 $0 $0
SHARON DUKE CHAIRMAN 30.00
Officer
$0 $0 $0
ANN SCOTT HANKS SECRETARY 5.00
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 No data No data No data No data
2023 $95,502 $65,445 $152,116 $30,057
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